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
2019
Open to Public Inspection
For calendar year 2019, or tax year beginning 10-01-2019 , and ending 09-30-2020
Name of foundation
REA CHARITABLE TRUST - MAIN
 
Number and street (or P.O. box number if mail is not delivered to street address)6325 S RAINBOW BLVD STE 300
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAS VEGAS, NV89118
A Employer identification number

26-3671567
B Telephone number (see instructions)

(888) 730-4933
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$112,775,077
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 2,982,903 2,905,766  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,982,431
b Gross sales price for all assets on line 6a 16,109,688
7 Capital gain net income (from Part IV, line 2)... 1,982,431
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... 221,326 221,326  
12 Total. Add lines 1 through 11........ 5,186,660 5,109,523  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 451,166 338,374   112,791
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... 1,094 0 0 1,094
c Other professional fees (attach schedule).... 123,943 14,753   109,190
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... 60,366 60,366   0
19 Depreciation (attach schedule) and depletion... 243,774 243,774  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... 39,971 37,556   2,415
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 920,314 694,823 0 225,490
25 Contributions, gifts, grants paid....... 5,262,000 5,262,000
26 Total expenses and disbursements. Add lines 24 and 25 6,182,314 694,823 0 5,487,490
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -995,654
b Net investment income (if negative, enter -0-) 4,414,700
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2019)
Form 990-PF (2019)
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............. 109,075 1,726 1,726
2 Savings and temporary cash investments......... 769,032 3,953,522 3,953,522
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet6,726,335
Less: accumulated depreciation (attach schedule) bullet2,975,869 3,994,240 3,750,466  
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 96,774,878 Click to see attachment92,778,563 108,819,829
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) 101,647,225 100,484,277 112,775,077
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 101,647,225 100,484,277
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 101,647,225 100,484,277
30 Total liabilities and net assets/fund balances (see instructions). 101,647,225 100,484,277
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
101,647,225
2
Enter amount from Part I, line 27a .....................
2
-995,654
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
14,332
4
Add lines 1, 2, and 3 ..........................
4
100,665,903
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
181,626
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
100,484,277
Form 990-PF (2019)
Form 990-PF (2019)
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 4. NATL RETAIL PROPERTIES 5.700% PFD   2019-01-02 2019-10-05
b 259. NATL RETAIL PROPERTIES 5.700% PFD   2016-10-03 2019-10-05
c 100. AMERICAN FINANCIAL GROUP 6.250% PFD   2016-10-03 2019-10-11
d 100. CAPITAL ONE FINANCIAL CO 6.250% PFD   2016-10-03 2019-10-11
e 126. KIMCO REALTY CORP 5.500% PFD   2016-10-03 2019-10-11
1. KIMCO REALTY CORP 5.500% PFD   2019-01-02 2019-10-11
2. ALLSTATE CORP 6.250% PFD   2019-01-02 2019-10-15
134. ALLSTATE CORP 6.250% PFD   2016-10-03 2019-10-15
544. ALLSTATE CORP 6.625% PFD   2016-10-03 2019-10-15
5. ALLSTATE CORP 6.625% PFD   2019-01-02 2019-10-15
929.79 GNMA POOL #738040 3.500% 3/15/26   2013-08-22 2019-10-15
7879.48 MERCEDES-BENZ AUTO 1.350% 2/16/21   2016-09-09 2019-10-15
4940. UBS GROUP AG   2019-04-22 2019-10-16
11780. UBS GROUP AG   2018-01-26 2019-10-16
445. TE CONNECTIVITY LTD   2017-08-10 2019-10-16
100. SENIOR HOUSING PROPERTIE 6.250% PFD   2016-10-03 2019-10-18
35. SENIOR HOUSING PROPERTIE 6.250% PFD   2016-10-03 2019-10-24
6. SENIOR HOUSING PROPERTIE 6.250% PFD   2019-01-02 2019-10-24
3298.28 FNMA POOL #890434 3.000% 7/01/27   2016-10-06 2019-10-25
1474.57 FNMA POOL #MA1338 3.000% 1/01/33   2013-04-17 2019-10-25
2687. FERGUSON NEWCO PLC-ADR   2016-12-29 2019-10-29
584. MONDELEZ INTERNATIONAL INC   2018-04-05 2019-10-29
290. TC ENERGY CORP   2017-04-05 2019-10-29
100. SOUTHERN CO 6.250% PFD   2016-10-03 2019-11-04
100000. US TREASURY NOTE 2.625% 8/15/20   2013-04-16 2019-11-05
100000. US TREASURY NOTE 2.625% 11/15/20   2012-02-24 2019-11-05
802.9 GNMA POOL #738040 3.500% 3/15/26   2013-08-22 2019-11-15
7921.26 MERCEDES-BENZ AUTO 1.350% 2/16/21   2016-09-09 2019-11-15
204084.711 AQR MANAGED FUTURES STR-I 15213   2013-12-27 2019-11-19
29633.934 BNYM INTL BND-I   2014-07-18 2019-11-19
37260.353 PIMCO INTL BND UNHDG-INST 1853   2011-08-02 2019-11-19
45593. SPDR DJ WILSHIRE INTERNATIONAL R ETF   2009-06-25 2019-11-19
32452. VANGUARD REAL ESTATE ETF   2010-06-02 2019-11-19
2676.4 FNMA POOL #890434 3.000% 7/01/27   2016-10-06 2019-11-25
1713.76 FNMA POOL #MA1338 3.000% 1/01/33   2013-04-17 2019-11-25
390. JPMORGAN CHASE & CO 5.450% PFD   2016-10-03 2019-12-01
340. CAPITAL ONE FINANCIAL CO 6.250% PFD   2016-10-03 2019-12-02
4. CAPITAL ONE FINANCIAL CO 6.250% PFD   2019-01-02 2019-12-02
6. CAPITAL ONE FINANCIAL CO 6.700% PFD   2019-01-02 2019-12-02
696. CAPITAL ONE FINANCIAL CO 6.700% PFD   2016-10-03 2019-12-02
100000. US TREASURY NOTE 2.625% 11/15/20   2018-12-19 2019-12-02
100000. US TREASURY NOTE 2.625% 11/15/20   2018-01-18 2019-12-02
21000. MEDICINES COMPANY 2.750% 7/15/23   2017-07-14 2019-12-03
37. DISH NETWORK CORP-RTS 12/09/19   2017-08-16 2019-12-04
510. AT & T INC   2016-12-29 2019-12-11
255. CHEVRON CORP   2015-07-13 2019-12-11
171. MICROSOFT CORP   2016-12-29 2019-12-11
34000. WRIGHT MEDICAL GROUP 2.000% 2/15/20   2017-12-15 2019-12-11
2048. NIELSEN HLDGS PLC   2017-11-08 2019-12-11
350000. US TREASURY NOTE 1.000% 6/30/21   2016-07-07 2019-12-12
50000. US TREASURY NOTE 1.000% 6/30/21   2018-12-19 2019-12-12
657.6 GNMA POOL #738040 3.500% 3/15/26   2013-08-22 2019-12-15
6744.59 MERCEDES-BENZ AUTO 1.350% 2/16/21   2016-09-09 2019-12-15
836. STATE STREET CORP 6.000% PFD   2016-10-03 2019-12-15
5. STATE STREET CORP 6.000% PFD   2019-01-02 2019-12-15
12. SOUTHERN CO 6.250% PFD   2016-10-03 2019-12-17
114. SOUTHERN CO 5.250% PFD   2016-10-03 2019-12-18
100. NEXTERA ENERGY CAPITAL 5.125% PFD   2016-10-03 2019-12-19
100000. MEDCO HEALTH SOLUTIO 4.125% 9/15/20   2013-05-02 2019-12-20
181. AMERICAN FINANCIAL GROUP 6.250% PFD   2016-10-03 2019-12-23
9. AMERICAN FINANCIAL GROUP 6.250% PFD   2019-01-02 2019-12-23
6200. SPDR S & P 500 ETF TRUST   2016-11-09 2019-12-24
2760.6 FNMA POOL #890434 3.000% 7/01/27   2016-10-06 2019-12-25
1305.66 FNMA POOL #MA1338 3.000% 1/01/33   2013-04-17 2019-12-25
83. PUBLIC STORAGE 5.875% PFD   2016-10-03 2019-12-30
1. PUBLIC STORAGE 5.875% PFD   2019-01-02 2019-12-30
147. GEORGIA POWER CO 5.000% PFD   2017-09-19 2019-12-31
47. NEXTERA ENERGY CAPITAL 5.125% PFD   2016-10-03 2019-12-31
8. NEXTERA ENERGY CAPITAL 5.125% PFD   2019-01-02 2019-12-31
25000. INTEL CORP 3.250% 8/01/39   2016-11-02 2020-01-06
19000. MOLINA HEALTHCARE IN 1.125% 1/15/20   2018-05-03 2020-01-13
854.88 GNMA POOL #738040 3.500% 3/15/26   2013-08-22 2020-01-15
5750.69 MERCEDES-BENZ AUTO 1.350% 2/16/21   2016-09-09 2020-01-15
850. MORGAN STANLEY 6.625% PFD   2016-10-03 2020-01-15
418. AXIS CAPITAL HLDGS LTD 5.500% PFD   2016-10-03 2020-01-17
3377.69 FNMA POOL #890434 3.000% 7/01/27   2016-10-06 2020-01-25
1373.22 FNMA POOL #MA1338 3.000% 1/01/33   2013-04-17 2020-01-25
947. BANK OF AMERICA CORP 6.500% PFD   2016-10-03 2020-01-27
2202. COMPASS GROUP PLC ADR   2015-07-13 2020-02-04
766. EXXON MOBIL CORPORATION   2015-07-13 2020-02-04
2927. JAPAN TOBACCO INC-UNSPON ADR   2017-03-10 2020-02-04
74. NEXTERA ENERGY INC   2016-12-29 2020-02-04
162. QUALCOMM INC   2016-12-20 2020-02-04
936.76 GNMA POOL #738040 3.500% 3/15/26   2013-08-22 2020-02-15
19. JONES LANG LASALLE INC   2016-12-21 2020-02-24
2048.4 FNMA POOL #890434 3.000% 7/01/27   2016-10-06 2020-02-25
1243.94 FNMA POOL #MA1338 3.000% 1/01/33   2013-04-17 2020-02-25
58. CORE LABORATORIES N V COM   2016-12-21 2020-02-26
100000. UNITED TECHNOLOGIES 3.100% 6/01/22   2019-01-22 2020-02-27
10. JP MORGAN CHASE & CO 6.125 PFD   2019-12-31 2020-03-01
427. JP MORGAN CHASE & CO 6.125 PFD   2016-10-03 2020-03-01
231. GILEAD SCIENCES INC   2018-09-26 2020-03-09
165. JPMORGAN CHASE & CO   2016-12-29 2020-03-09
513. VEOLIA ENVIRONNEMENT ADR   2018-08-23 2020-03-09
356. VERIZON COMMUNICATIONS   2018-08-23 2020-03-09
13. RBC BEARINGS INC   2016-12-21 2020-03-13
1138.61 GNMA POOL #738040 3.500% 3/15/26   2013-08-22 2020-03-15
13000. CYPRESS SEMICONDUCTO 4.500% 1/15/22   2018-03-08 2020-03-16
360. BRITISH AMERICAN TOBACCO P.L.C - ADR   2019-03-25 2020-03-19
82. LVMH MOET HENNESSY UNSP ADR - ADR   2016-12-29 2020-03-19
16. LOCKHEED MARTIN CORP   2018-02-22 2020-03-19
68. NOVARTIS AG - ADR   2015-07-13 2020-03-19
183. ROCHE HOLDINGS LTD - ADR   2015-07-13 2020-03-19
730. ROYAL DUTCH SHELL PLC ADR   2020-02-04 2020-03-19
701. ROYAL DUTCH SHELL PLC ADR   2015-07-13 2020-03-19
15000. TELADOC INC 3.000% 12/15/22   2018-12-18 2020-03-20
2923.28 FNMA POOL #890434 3.000% 7/01/27   2016-10-06 2020-03-25
1520.44 FNMA POOL #MA1338 3.000% 1/01/33   2013-04-17 2020-03-25
1200. HOME DEPOT INC   2017-04-03 2020-04-07
375. MICROSOFT CORP   2016-12-29 2020-04-07
1540. PNC FINANCIAL SERVICES GROUP   2015-05-27 2020-04-07
2145. ZOETIS INC   2017-04-25 2020-04-07
735. EATON CORP PLC   2019-07-03 2020-04-07
2480. EATON CORP PLC   2012-12-03 2020-04-07
273. ANHEUSER-BUSCH INBEV SPN ADR   2020-02-04 2020-04-08
774. ANHEUSER-BUSCH INBEV SPN ADR   2018-02-22 2020-04-08
134. GILEAD SCIENCES INC   2018-09-26 2020-04-08
1075.55 GNMA POOL #738040 3.500% 3/15/26   2013-08-22 2020-04-15
18. CASS INFORMATION SYS INC   2016-12-21 2020-04-20
51. CASS INFORMATION SYS INC   2016-12-21 2020-04-21
36. CASS INFORMATION SYS INC   2016-12-21 2020-04-22
308. GILEAD SCIENCES INC   2018-09-26 2020-04-23
326. NTT DOCOMO, INC. - ADR   2017-04-05 2020-04-23
2524.63 FNMA POOL #890434 3.000% 7/01/27   2016-10-06 2020-04-25
1375.56 FNMA POOL #MA1338 3.000% 1/01/33   2013-04-17 2020-04-25
.144 RAYTHEON TECHNOLOGIES CORP   2019-08-15 2020-04-29
147. BECTON DICKINSON & CO   2017-11-07 2020-05-05
.7625 BECTON DICKINSON & CO   2017-11-07 2020-05-13
861.09 GNMA POOL #738040 3.500% 3/15/26   2013-08-22 2020-05-15
147. CINEMARK HOLDINGS INC   2016-12-21 2020-05-18
31. SITEONE LANDSCAPE SUPPLY INC   2017-01-04 2020-05-20
225. STANLEY BLACK & DECKERINC.   2017-11-07 2020-05-22
2691.55 FNMA POOL #890434 3.000% 7/01/27   2016-10-06 2020-05-25
1868.55 FNMA POOL #MA1338 3.000% 1/01/33   2013-04-17 2020-05-25
.1065 STANLEY BLACK & DECKERINC.   2017-11-07 2020-06-01
100. REINSURANCE GRP OF AMER 6.200% PFD   2017-01-03 2020-06-02
100. REINSURANCE GRP OF AMER 5.7   2018-12-07 2020-06-02
419. GILEAD SCIENCES INC   2018-09-26 2020-06-08
229. LOWES COS INC   2019-06-14 2020-06-08
3195. RECKITT BENCKIS/S ADR   2015-07-13 2020-06-08
810. ROCHE HOLDINGS LTD - ADR   2015-07-13 2020-06-08
1357. VEOLIA ENVIRONNEMENT ADR   2016-12-29 2020-06-08
42000. ENSCO JERSEY FIN LTD 3.000% 1/31/24   2018-05-22 2020-06-09
765.04 GNMA POOL #738040 3.500% 3/15/26   2013-08-22 2020-06-15
42000. PRICELINE.COM, INCOR 0.350% 6/15/20   2017-04-28 2020-06-15
100000. MARRIOTT INTERNATION 2.125% 10/03/22   2019-11-06 2020-06-19
100. AXIS CAPITAL HLDGS LTD 5.500% PFD   2017-03-07 2020-06-22
2. AXIS CAPITAL HLDGS LTD 5.500% PFD   2019-12-31 2020-06-23
76. PUBLIC STORAGE 5.200% PFD   2016-10-03 2020-06-24
2. PUBLIC STORAGE 5.200% PFD   2019-12-31 2020-06-24
200. SITE CENTERS CORP 6.375% PFD   2017-06-02 2020-06-24
2390.34 FNMA POOL #890434 3.000% 7/01/27   2016-10-06 2020-06-25
1884.51 FNMA POOL #MA1338 3.000% 1/01/33   2013-04-17 2020-06-25
75000. US TREASURY NOTE 1.875% 4/30/22   2017-05-04 2020-06-26
16. PRIMERICA INC   2016-12-21 2020-06-29
44. THOR INDS INC   2016-12-21 2020-06-29
92. FIRST FINL BANKSHARES INC   2016-12-21 2020-06-30
2127.86 GNMA POOL #738040 3.500% 3/15/26   2013-08-22 2020-07-15
65. REINSURANCE GRP OF AMER 6.200% PFD   2017-08-24 2020-07-15
4. REINSURANCE GRP OF AMER 6.200% PFD   2019-12-31 2020-07-15
200. REINSURANCE GRP OF AMER 5.7   2018-12-07 2020-07-16
100. REINSURANCE GRP OF AMER 5.7   2018-12-10 2020-07-17
1965. CVS HEALTH CORPORATION   2015-09-09 2020-07-20
2620. EOG RESOURCES, INC   2018-04-10 2020-07-20
415. ELI LILLY & CO COM   2016-10-03 2020-07-20
3920. TJX COMPANIES INC   2011-08-01 2020-07-20
425. UNION PACIFIC CORP   2015-10-23 2020-07-20
41. REINSURANCE GRP OF AMER 5.7   2018-12-11 2020-07-22
9. REINSURANCE GRP OF AMER 5.7   2019-12-31 2020-07-22
181. KIMCO REALTY CORP 5.250% PFD   2017-12-12 2020-07-23
137. NATIONAL RETAIL PROP INC 5.200% PFD   2016-10-12 2020-07-23
2153.8 FNMA POOL #890434 3.000% 7/01/27   2016-10-06 2020-07-25
2054.48 FNMA POOL #MA1338 3.000% 1/01/33   2013-04-17 2020-07-25
.3888 PHILIPS ELECTRONICS - NY SHR ADR   2016-12-29 2020-07-27
46000. OASIS PETROLEUM INC 2.625% 9/15/23   2017-10-04 2020-07-27
176. EQUITABLE HOLDINGS INC 5.250% PFD   2019-11-21 2020-07-28
50. SITE CENTERS CORP 6.375% PFD   2018-01-25 2020-07-29
5. SITE CENTERS CORP 6.375% PFD   2019-12-31 2020-07-29
21. THE SCOTTS MIRACLE-GRO COMPANY CL A   2016-12-21 2020-08-04
137. BANK OF NEW YORK MELLON 5.200% PFD   2016-10-03 2020-08-05
31000. HELIX ENERGY SOLUTIO 4.250% 5/01/22   2016-11-02 2020-08-12
200000. QUALCOMM INC 3.450% 5/20/25   2016-10-11 2020-08-14
1030.74 GNMA POOL #738040 3.500% 3/15/26   2013-08-22 2020-08-15
50000. US TREASURY NOTE 1.875% 4/30/22   2017-05-04 2020-08-19
2182.65 FNMA POOL #890434 3.000% 7/01/27   2016-10-06 2020-08-25
2431.91 FNMA POOL #MA1338 3.000% 1/01/33   2013-04-17 2020-08-25
7000. TESLA INC 2.375% 3/15/22   2020-01-24 2020-08-25
1385. COGNIZANT TECH SOLUTIONS CRP COM   2016-03-16 2020-08-26
105. LAM RESEARCH CORP COM   2018-08-02 2020-08-26
315. MICROSOFT CORP   2016-12-29 2020-08-26
1645. MONDELEZ INTERNATIONAL INC   2018-11-29 2020-08-26
215. THERMO FISHER SCIENTIFIC INC   2009-09-28 2020-08-26
100. TRUIST FIN CORP 5.200% PFD   2016-10-03 2020-09-01
37. LINCOLN ELECTRIC HOLDINGS COM   2017-01-31 2020-09-02
4000. TELADOC INC 3.000% 12/15/22   2020-07-01 2020-09-03
17000. TELADOC INC 3.000% 12/15/22   2018-12-18 2020-09-03
6000. TESLA INC 2.375% 3/15/22   2020-01-24 2020-09-03
1115.55 GNMA POOL #738040 3.500% 3/15/26   2013-08-22 2020-09-15
127. BANK OF NEW YORK MELLON 5.200% PFD   2016-10-03 2020-09-18
111. CHARLES SCHWAB CORP 6.000%PFD   2016-10-03 2020-09-18
53. GATX CORP 5.625% PFD   2016-10-03 2020-09-21
607. AT & T INC   2016-12-29 2020-09-22
6110. FERGUSON NEWCO PLC-ADR   2016-05-23 2020-09-22
75. MICROSOFT CORP   2016-12-29 2020-09-22
2336.42 FNMA POOL #890434 3.000% 7/01/27   2016-10-06 2020-09-25
2380.48 FNMA POOL #MA1338 3.000% 1/01/33   2013-04-17 2020-09-25
47060.839 DRIEHAUS ACTIVE INCOME FUND   2013-12-27 2020-09-28
2085. APPLE INC   2016-12-29 2020-09-29
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 100   92 8
b 6,475   6,699 -224
c 2,536   2,712 -176
d 2,536   2,714 -178
e 3,186   3,240 -54
25   22 3
50   51 -1
3,350   3,686 -336
13,600   14,807 -1,207
125   126 -1
930   966 -36
7,879   7,879  
55,134   65,661 -10,527
131,473   242,109 -110,636
41,264   35,412 5,852
2,605   2,661 -56
918   924 -6
157   137 20
3,298   3,465 -167
1,475   1,554 -79
22,242   17,547 4,695
30,837   24,684 6,153
14,640   14,359 281
2,630   2,790 -160
100,762   110,020 -9,258
100,977   107,148 -6,171
803   834 -31
7,921   7,920 1
1,716,352   2,000,000 -283,648
446,880   510,000 -63,120
355,091   418,271 -63,180
1,852,761   1,816,806 35,955
3,023,902   2,447,733 576,169
2,676   2,811 -135
1,714   1,806 -92
9,750   10,412 -662
8,500   9,207 -707
100   101 -1
150   153 -3
17,400   19,677 -2,277
100,883   100,000 883
100,883   101,262 -379
36,239   21,969 14,270
8     8
19,420   21,797 -2,377
29,739   25,645 4,094
25,825   10,751 15,074
34,043   35,174 -1,131
40,160   68,171 -28,011
347,225   348,271 -1,046
49,604   48,888 716
658   683 -25
6,745   6,744 1
20,900   22,471 -1,571
125   126 -1
316   331 -15
3,012   2,881 131
2,545   2,566 -21
101,695   110,946 -9,251
4,525   4,897 -372
225   228 -3
1,991,492   1,323,886 667,606
2,761   2,900 -139
1,306   1,376 -70
2,075   2,251 -176
25   25  
3,770   3,708 62
1,198   1,198  
204   180 24
72,673   48,912 23,761
58,551   39,384 19,167
855   888 -33
5,751   5,750 1
21,250   23,655 -2,405
10,450   11,007 -557
3,378   3,548 -170
1,373   1,447 -74
23,675   25,532 -1,857
53,974   40,782 13,192
46,706   60,296 -13,590
30,553   48,417 -17,864
19,685   8,892 10,793
14,264   10,894 3,370
937   973 -36
2,909   2,681 228
2,048   2,152 -104
1,244   1,311 -67
1,644   6,752 -5,108
103,987   99,224 4,763
250   256 -6
10,675   11,613 -938
17,481   17,561 -80
15,912   15,648 264
14,635   10,828 3,807
19,585   20,815 -1,230
1,564   1,225 339
1,139   1,183 -44
21,338   19,070 2,268
11,014   14,525 -3,511
5,142   3,094 2,048
5,036   5,718 -682
5,207   6,212 -1,005
7,223   6,714 509
17,334   37,939 -20,605
16,645   37,796 -21,151
48,936   20,253 28,683
2,923   3,071 -148
1,520   1,602 -82
232,806   175,734 57,072
61,808   23,578 38,230
147,704   144,325 3,379
272,760   118,256 154,504
56,312   60,089 -3,777
190,003   136,159 53,844
12,909   20,873 -7,964
36,600   80,085 -43,485
9,954   10,187 -233
1,076   1,117 -41
632   1,013 -381
1,784   2,869 -1,085
1,261   2,025 -764
25,433   23,415 2,018
9,898   7,651 2,247
2,525   2,652 -127
1,376   1,450 -74
10   11 -1
38,151   36,801 1,350
198   191 7
861   894 -33
1,948   5,800 -3,852
2,976   1,123 1,853
27,348   37,061 -9,713
2,692   2,827 -135
1,869   1,969 -100
13   18 -5
2,513   2,766 -253
2,484   2,407 77
32,567   29,882 2,685
29,871   22,768 7,103
55,022   55,240 -218
34,586   27,025 7,561
33,157   23,493 9,664
5,460   39,788 -34,328
765   795 -30
52,315   61,677 -9,362
99,500   100,078 -578
2,428   2,316 112
49   52 -3
1,907   1,964 -57
50   51 -1
4,526   5,032 -506
2,390   2,511 -121
1,885   1,986 -101
77,335   74,974 2,361
1,829   1,131 698
4,738   4,668 70
2,624   2,089 535
2,128   2,210 -82
1,658   1,875 -217
102   112 -10
5,063   4,810 253
2,538   2,402 136
125,952   163,990 -38,038
126,263   262,224 -135,961
69,257   33,479 35,778
202,827   90,790 112,037
75,649   38,045 37,604
1,054   985 69
231   254 -23
4,423   4,465 -42
3,434   3,380 54
2,154   2,263 -109
2,054   2,165 -111
21   12 9
3,335   50,362 -47,027
4,352   4,385 -33
1,137   1,256 -119
114   132 -18
3,315   2,021 1,294
3,497   3,556 -59
29,683   31,310 -1,627
226,662   211,300 15,362
1,031   1,071 -40
51,463   49,982 1,481
2,183   2,293 -110
2,432   2,563 -131
42,727   12,756 29,971
93,632   81,518 12,114
36,891   19,640 17,251
69,194   19,805 49,389
95,625   73,546 22,079
91,555   17,099 74,456
2,536   2,635 -99
3,642   3,078 564
18,504   18,280 224
78,644   25,071 53,573
37,686   10,934 26,752
1,116   1,159 -43
3,250   3,296 -46
2,825   3,101 -276
1,423   1,420 3
17,325   25,942 -8,617
55,773   38,825 16,948
15,375   4,716 10,659
2,336   2,454 -118
2,380   2,508 -128
393,429   500,000 -106,571
238,759   60,775 177,984
      641,865
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       8
b       -224
c       -176
d       -178
e       -54
      3
      -1
      -336
      -1,207
      -1
      -36
       
      -10,527
      -110,636
      5,852
      -56
      -6
      20
      -167
      -79
      4,695
      6,153
      281
      -160
      -9,258
      -6,171
      -31
      1
      -283,648
      -63,120
      -63,180
      35,955
      576,169
      -135
      -92
      -662
      -707
      -1
      -3
      -2,277
      883
      -379
      14,270
      8
      -2,377
      4,094
      15,074
      -1,131
      -28,011
      -1,046
      716
      -25
      1
      -1,571
      -1
      -15
      131
      -21
      -9,251
      -372
      -3
      667,606
      -139
      -70
      -176
       
      62
       
      24
      23,761
      19,167
      -33
      1
      -2,405
      -557
      -170
      -74
      -1,857
      13,192
      -13,590
      -17,864
      10,793
      3,370
      -36
      228
      -104
      -67
      -5,108
      4,763
      -6
      -938
      -80
      264
      3,807
      -1,230
      339
      -44
      2,268
      -3,511
      2,048
      -682
      -1,005
      509
      -20,605
      -21,151
      28,683
      -148
      -82
      57,072
      38,230
      3,379
      154,504
      -3,777
      53,844
      -7,964
      -43,485
      -233
      -41
      -381
      -1,085
      -764
      2,018
      2,247
      -127
      -74
      -1
      1,350
      7
      -33
      -3,852
      1,853
      -9,713
      -135
      -100
      -5
      -253
      77
      2,685
      7,103
      -218
      7,561
      9,664
      -34,328
      -30
      -9,362
      -578
      112
      -3
      -57
      -1
      -506
      -121
      -101
      2,361
      698
      70
      535
      -82
      -217
      -10
      253
      136
      -38,038
      -135,961
      35,778
      112,037
      37,604
      69
      -23
      -42
      54
      -109
      -111
      9
      -47,027
      -33
      -119
      -18
      1,294
      -59
      -1,627
      15,362
      -40
      1,481
      -110
      -131
      29,971
      12,114
      17,251
      49,389
      22,079
      74,456
      -99
      564
      224
      53,573
      26,752
      -43
      -46
      -276
      3
      -8,617
      16,948
      10,659
      -118
      -128
      -106,571
      177,984
       
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 1,982,431
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))
2018 5,216,483 107,957,593 0.04832
2017 3,444,309 117,607,675 0.029286
2016 3,440,948 105,621,221 0.032578
2015 1,881,104 49,219,678 0.038219
2014 1,881,577 40,262,446 0.046733
2
Total of line 1, column (d) .....................
2
0.195136
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
0.039027
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
108,454,864
5
Multiply line 4 by line 3......................
5
4,232,668
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
44,147
7
Add lines 5 and 6........................
7
4,276,815
8
Enter qualifying distributions from Part XII, line 4,.............
8
5,487,490
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 (2019)
Form 990-PF (2019)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 44,147
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 44,147
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 44,147
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 40,304
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 4,850
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 45,154
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 1,007
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet1,007 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletTX
    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 2019 or the taxable year beginning in 2019? 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 (2019)
    Form 990-PF (2019)
    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 ofbulletWELLS FARGO BANK NA Telephone no.bullet (888) 730-4933

    Located atbullet6325 S RAINBOW BLVD STE 300 LAS VEGLAS VEGASNV ZIP+4bullet89118
    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 2019, 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 2019?.............
    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 2019, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2019?.............
    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 2019 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 2019.)..................
    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 2019?
    4b
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    WELLS FARGO BANK N A TRUSTEE
    1
    451,166    
    100 N MAIN ST MAC D4001-117
    WINSTON SALEM,NC27101
    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 (2019)
    Form 990-PF (2019)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    105,910,965
    b
    Average of monthly cash balances.......................
    1b
    4,195,496
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    110,106,461
    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
    110,106,461
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,651,597
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    108,454,864
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    5,422,743
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    5,422,743
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    44,147
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    44,147
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    5,378,596
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    12,000
    5
    Add lines 3 and 4............................
    5
    5,390,596
    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
    5,390,596
    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
    5,487,490
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    5,487,490
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    44,147
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    5,443,343
    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 (2019)
    Form 990-PF (2019)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2018
    (c)
    2018
    (d)
    2019
    1 Distributable amount for 2019 from Part XI, line 7 5,390,596
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only....... 5,171,412
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2019:
    a From 2014...... 0
    b From 2015...... 0
    c From 2016...... 0
    d From 2017...... 0
    e From 2018...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 5,487,490
    a Applied to 2018, but not more than line 2a 5,171,412
    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 2019 distributable amount..... 316,078
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2019. 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 2018. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2019. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2020 ..........
    5,074,518
    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 2014 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......
    0
    10 Analysis of line 9:
    a Excess from 2015.... 0
    b Excess from 2016.... 0
    c Excess from 2017.... 0
    d Excess from 2018.... 0
    e Excess from 2019.... 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 2019, 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) 2019 (b) 2018 (c) 2017 (d) 2016
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    REA CHARITABLE TRUST - WELLS FARGO
    PO BOX 1959
    MIDLAND,TX79702
    (432) 685-5300
    bThe form in which applications should be submitted and information and materials they should include:
    FORMAL GRANT APPLICATION MUST BE COMPLETED.IN ADDITION TO THE GRANT AP
    cAny submission deadlines:
    GRANTS AWARDED IN JUNE & DECEMBER - DEADLINE 4-15 & 10-15
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GEOGRAPHICAL AREA GENERALLY
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    THE BRIDGE MINISTRY INC
    533 BRICK CHURCH PARK DR
    NASHVILLE,TN372073219
    NONE PC GENERAL OPERATING 15,000
    BOSTON YOUTH SYMPHONY ORCHESTRAS INC
    855 COMMONWEALTH AVENUE
    BOSTON,MA02215
    NONE PC GENERAL OPERATING 10,000
    HARMONY PROGRAM
    1700 BROADWAY FL 39
    NEW YORK,NY100195905
    NONE PC GENERAL OPERATING 15,000
    GAYLORD HOSPITAL INC
    PO BOX 400
    WALLINGFORD,CT064927048
    NONE PC GENERAL OPERATING 25,000
    WATERBURY SYMPHONY ORCHESTRA INC
    PO BOX 1762
    WATERBURY,CT067211762
    NONE PC GENERAL OPERATING 10,000
    EDUCATION THROUGH MUSIC INC
    122 E 42ND ST SUITE 501
    NEW YORK,NY10168
    NONE PC GENERAL OPERATING 15,000
    FRACTURED ATLAS INC
    228 PARK AVE SOUTH 56651
    NEW YORK,NY100031502
    NONE PC GENERAL OPERATING 10,000
    ALPINE CHRISTIAN SCHOOL
    PO BOX 2139
    ALPINE,TX798312139
    NONE PC GENERAL OPERATING 15,000
    HECKSCHER MUSEUM
    2 PRIME AVE
    HUNTINGTON,NY117432741
    NONE PC GENERAL OPERATING 5,000
    METROPOLITAN OPERA ASSOCIATION INC
    30 LINCOLN CENTER
    NEW YORK,NY100236922
    NONE PC GENERAL OPERATING 50,000
    ROCKLAND CENTER FOR THE ARTS INC
    27 S GREENBUSH RD
    WEST NYACK,NY109942711
    NONE PC GENERAL OPERATING 10,000
    ELAINE KAUFMAN CULTURAL CENTER
    129 W 67TH ST
    NEW YORK,NY10023
    NONE PC GENERAL OPERATING 25,000
    ABBOTT HOUSE
    100 NORTH BROADWAY
    IRVINGTON,NY105331254
    NONE PC GENERAL OPERATING 20,000
    CITYARTS INC
    77 BLEECKER ST APT C218
    NEW YORK,NY100121556
    NONE PC GENERAL OPERATING 10,000
    NATIONAL DANCE INSTITUTE INC
    217 W 147TH ST
    NEW YORK,NY100393427
    NONE PC GENERAL OPERATING 20,000
    DESSOFF CHOIRS INC
    PO BOX 1337
    NEW YORK,NY100280010
    NONE PC GENERAL OPERATING 20,000
    NEW YORK CHORAL SOCIETY INC
    119 W 57TH ST STE 1215
    NEW YORK,NY100192400
    NONE PC GENERAL OPERATING 10,000
    NEW YORK YOUTH SYMPHONY INC
    110 WEST 40TH ST STE 1503
    NEW YORK,NY10018
    NONE PC GENERAL OPERATING 10,000
    THE JEWISH MUSEUM
    1109 FIFTH AVE
    NEW YORK,NY10128
    NONE PC GENERAL OPERATING 5,000
    BALLET ARTISTS OF WNY INC
    2495 MAIN STREET
    BUFFALO,NY142142152
    NONE PC GENERAL OPERATING 30,000
    DR PHILLIPS CENTER FOR PERFORMING ARTS
    155 E ANDERSON ST
    ORLANDO,FL328013713
    NONE PC GENERAL OPERATING 30,000
    ALLEGRO CHORALE & ORCHESTRA INC
    PO BOX 61747
    MIDLAND,TX797111747
    NONE PC GENERAL OPERATING 25,000
    ENNIS PUBLIC THEATRE
    PO BOX 37
    ENNIS,TX751200037
    NONE PC GENERAL OPERATING 20,000
    ARTS ON STAGE LTD
    12 BROADRIDGE LN
    LUTHERVILLE,MD210931541
    NONE PC GENERAL OPERATING 50,000
    COMPAS INC
    PO BOX 30594
    SANTA BARBARA,CA931300594
    NONE PC GENERAL OPERATING 15,000
    NATIONAL ALLIANCE FOR GRIEVING CHILDREN
    5109 82ND ST UNIT 7 1117
    LUBBOCK,TX794243000
    NONE PC GENERAL OPERATING 25,000
    PERMIAN BASIN PUBLIC TELECOMMUNICATIONS
    PO BOX 8940
    MIDLAND,TX797088940
    NONE PC GENERAL OPERATING 80,000
    LUBBOCK MOONLIGHT MUSICALS INC
    PO BOX 93522
    LUBBOCK,TX794933522
    NONE PC GENERAL OPERATING 40,000
    ELEVEN PICTURES LTD
    1166 MORTON LN
    KEYSVILLE,VA239474183
    NONE PC GENERAL OPERATING 5,000
    WORCESTER CHAMBER MUSIC SOCIETY INC
    323 MAIN ST
    WORCESTER,MA016081511
    NONE PC GENERAL OPERATING 5,000
    LINE UPON LINE PERCUSSION
    PO BOX 49890
    AUSTIN,TX787650890
    NONE PC GENERAL OPERATING 25,000
    BLOOMFIELD COLLEGE & SEMINARY
    467 FRANKLIN ST 2ND FL ROOM 205
    BLOOMFIELD,NJ070033425
    NONE PC GENERAL OPERATING 15,000
    EMPIRE STATE YOUTH ORCHESTRA
    432 STATE STREET
    SCHENECTADY,NY12305
    NONE PC GENERAL OPERATING 50,000
    RAW ART WORKS INC
    37 CENTRAL SQUARE
    LYNN,MA01901
    NONE PC GENERAL OPERATING 10,000
    ACT II PLAYHOUSE LTD
    56 E BUTLER AVE
    AMBLER,PA190024526
    NONE PC GENERAL OPERATING 10,000
    AUGUSTA CHORAL SOCIETY INC
    PO BOX 1402
    AUGUSTA,GA309031402
    NONE PC GENERAL OPERATING 20,000
    LUBBOCK ARTS ALLIANCE INC
    PO BOX 5092
    LUBBOCK,TX794085092
    NONE PC GENERAL OPERATING 20,000
    RECORDING LIBRARY OF WEST TEXAS
    3500 N A ST STE 2800
    MIDLAND,TX797053602
    NONE PC GENERAL OPERATING 10,000
    SHAKESPEARE FESTIVAL OF DALLAS
    1250 MAJESTY DR
    DALLAS,TX752473918
    NONE PC GENERAL OPERATING 20,000
    UNIVERSITY OF NORTH TEXAS FOUNDATION INC
    1155 UNION CIRCLE BOX 311250
    DENTON,TX762035017
    NONE PC GENERAL OPERATING 20,000
    MIDLAND COLLEGE FOUNDATION INC
    3600 N GARFIELD ST
    MIDLAND,TX797056329
    NONE PC GENERAL OPERATING 25,000
    DANCE COUNCIL
    3630 HARRY HINES BLVD
    DALLAS,TX752193201
    NONE PC GENERAL OPERATING 5,000
    VIRGINIA HIGHLANDS FESTIVAL INCORPORATED
    PO BOX 801
    ABINGDON,VA242120801
    NONE PC GENERAL OPERATING 10,000
    DOGTOWN DANCE THEATRE INC
    109 W 15TH STREET
    RICHMOND,VA232242083
    NONE PC GENERAL OPERATING 10,000
    C4 CHORAL COMPOSER CONDUCTOR
    500 W 52ND STREET
    NEW YORK,NY100195060
    NONE PC GENERAL OPERATING 10,000
    YARNWIRE INC
    1717 TROUTMAN ST STE 214
    RIDGEWOOD,NY113851038
    NONE PC GENERAL OPERATING 5,000
    TIMELESS CONCERTS
    2204 SHADYDALE DR
    ARLINGTON,TX760125426
    NONE PC GENERAL OPERATING 5,000
    ROBINSON THEATER COMMUNITY
    2903 Q ST
    RICHMOND,VA232236664
    NONE PC GENERAL OPERATING 20,000
    KIDZNOTES
    PO BOX 200
    DURHAM,NC277020200
    NONE PC GENERAL OPERATING 35,000
    CHARLES ADAMS STUDIO PROJECT
    602 AVENUE J
    LUBBOCK,TX794011816
    NONE PC GENERAL OPERATING 20,000
    SOUNDSCAPES INC
    11712 JEFFERSON AVE STE C 473
    NEWPORT NEWS,VA236064406
    NONE PC GENERAL OPERATING 10,000
    BRENHAM CHILDREN'S CHORUS INC
    PO BOX 2274
    BRENHAM,TX778342274
    NONE PC GENERAL OPERATING 15,000
    CHICAGO CHILDRENS THEATRE
    100 S RACINE STE 2ND FL
    CHICAGO,IL606072516
    NONE PC GENERAL OPERATING 15,000
    ART ON WHEELS NFP
    3108 W LEIGH ST
    RICHMOND,VA232304455
    NONE PC GENERAL OPERATING 10,000
    AMERICAN PIANISTS ASSOCIATION INC
    4603 CLARENDON RD STE 30
    INDIANAPOLIS,IN462086402
    NONE PC GENERAL OPERATING 20,000
    SOUTH ORANGE PERFORMING ARTS CENTER INC
    1 SOPAC WAY
    SOUTH ORANGE,NJ070794402
    NONE PC GENERAL OPERATING 10,000
    ARCOS FOUNDATION FOR THE ARTS INC
    1207 SOUTHPORT DR APT 106
    AUSTIN,TX787046890
    NONE PC GENERAL OPERATING 15,000
    HONEYWELL FOUNDATION INC
    275 W MARKET ST
    WABASH,IN469923057
    NONE PC GENERAL OPERATING 5,000
    FORT WAYNE PHILHARMONIC ORCHESTRA
    4901 FULLER DRIVE
    FORT WAYNE,IN46835
    NONE PC GENERAL OPERATING 10,000
    UNIVERSITY OF NOTRE DAME DU LAC
    724 GRACE HALL
    NOTRE DAME,IN465560000
    NONE PC GENERAL OPERATING 25,000
    THE MUNDI PROJECT
    PO BOX 520696
    SALT LAKE CITY,UT841520696
    NONE PC GENERAL OPERATING 20,000
    KIDS FROM WISCONSIN LTD
    640 S 84TH ST
    MILWAUKEE,WI532141438
    NONE PC GENERAL OPERATING 10,000
    ZENON DANCE COMPANY AND SCHOOL INC
    528 HENNEPIN AVE STE 400
    MINNEAPOLIS,MN554031810
    NONE PC GENERAL OPERATING 5,000
    AUSTIN SYMPHONY ORCHESTRA SOCIETY
    2110 7TH AVE SW
    AUSTIN,MN559121529
    NONE PC GENERAL OPERATING 25,000
    HISPANIC ALLIANCE FOR THE PERFORMING ART
    2235 E 6TH ST STE 107
    AUSTIN,TX787023442
    NONE PC GENERAL OPERATING 15,000
    AGAPE CHRISTIAN SERVICES
    3500 N A ST STE 2400
    MIDLAND,TX797053610
    NONE PC GENERAL OPERATING 12,000
    FOR LOVE & ART
    4848 LEMMON AVE STE 100 623
    DALLAS,TX752191401
    NONE PC GENERAL OPERATING 10,000
    BETHEL WOODS CENTER FOR THE ARTS INC
    PO BOX 222
    LIBERTY,NY127540222
    NONE PC GENERAL OPERATING 10,000
    ARMSTRONG COMMUNITY MUSIC SCHOOL
    3267 BEE CAVES RD STE 107 PMB 82
    AUSTIN,TX787466773
    NONE PC GENERAL OPERATING 25,000
    ARTIST OUTREACH INC
    10000 NORTH CENTRAL EXPRESSWAY ROOM
    DALLAS,TX752314177
    NONE PC GENERAL OPERATING 15,000
    MIDLAND COUNTY PUBLIC LIBRARY FOUNDATION
    PO BOX 1634
    MIDLAND,TX797021634
    NONE PC GENERAL OPERATING 70,000
    LUBBOCK ENTERTAINMENT AND PERFORMING ART
    1500 BROADWAY STE 902
    LUBBOCK,TX794013108
    NONE PC GENERAL OPERATING 50,000
    CODA MOUNTAIN ACADEMY INC
    PO BOX 615 FAYETTEVILLE
    FAYETTEVILLE,WV258400615
    NONE PC GENERAL OPERATING 30,000
    ART FOR THE JOURNEY
    111 WILLOW OAKS RD
    RICHMOND,VA232387225
    NONE PC GENERAL OPERATING 15,000
    EL MUSEO LATINO
    4701 S 25TH ST
    OMAHA,NE681072728
    NONE PC GENERAL OPERATING 10,000
    ARTWORKS 4 ENA INC
    PO BOX 250626
    ATLANTA,GA303251626
    NONE PC GENERAL OPERATING 10,000
    COLLIDE
    12026 WYCLIFF LN
    AUSTIN,TX787275957
    NONE PC GENERAL OPERATING 25,000
    LEVELLAND WALLACE THEATER
    823 HOUSTON ST
    LEVELLAND,TX793363730
    NONE PC GENERAL OPERATING 25,000
    NORTH VALLEY MILITARY INSTITUTE COLLEGE
    12105 ALLEGHENY ST
    SUN VALLEY,CA913520000
    NONE PC GENERAL OPERATING 10,000
    BALLET LUBBOCK
    5702 GENOA AVE
    LUBBOCK,TX794242715
    NONE PC GENERAL OPERATING 50,000
    CHILDREN'S MUSEUM OF RICHMOND
    2626 WEST BROAD STREET
    RICHMOND,VA23220
    NONE PC GENERAL OPERATING 10,000
    THE CHRYSLER MUSEUM INC
    ONE MEMORIAL PLACE
    NORFOLK,VA23510
    NONE PC GENERAL OPERATING 5,000
    OPERA LAFAYETTE
    921 PENNSYLVANIA AVE SE
    WASHINGTON DC,DC20003
    NONE PC GENERAL OPERATING 15,000
    MARY BALDWIN UNIVERSITY
    101 E FREDERICK ST
    STAUNTON,VA244010000
    NONE PC GENERAL OPERATING 150,000
    MVLE INC
    7420 FULLERTON RD STE 110
    SPRINGFIELD,VA221532836
    NONE PC GENERAL OPERATING 10,000
    WILLIAM KING MUSEUM OF ART
    PO BOX 2256
    ABINGDON,VA242122256
    NONE PC GENERAL OPERATING 20,000
    GEORGE MASON UNIVERSITY FOUNDATION INC
    4400 UNIVERSITY DRIVE MSN 1A3
    FAIRFAX,VA220304444
    NONE PC GENERAL OPERATING 15,000
    LEWIS GINTER BOTANCIAL GARDEN INC
    1800 LAKESIDE AVE
    RICHMOND,VA232284700
    NONE PC GENERAL OPERATING 15,000
    LOUISA DOWNTOWN DEVELOPMENT
    PO BOX 2119
    LOUISA,VA230933619
    NONE PC GENERAL OPERATING 20,000
    RICHMOND SYMPHONY
    612 E GRACE ST STE 401
    RICHMOND,VA232191892
    NONE PC GENERAL OPERATING 20,000
    MAYMONT FOUNDATION
    1000 WESTOVER ROAD
    RICHMOND,VA23220
    NONE PC GENERAL OPERATING 10,000
    RICHMOND BALLET INC
    407 EAST CANAL ST
    RICHMOND,VA23219
    NONE PC GENERAL OPERATING 15,000
    GEORGE C MARSHALL RESEARCH FOUNDATION
    1600 PARADE GROUND
    LEXINGTON,VA244500000
    NONE PC GENERAL OPERATING 10,000
    FAIRFAX SYMPHONY ORCHESTRA
    2667 PROSPERITY AVE
    FAIRFAX,VA220314906
    NONE PC GENERAL OPERATING 20,000
    THE BASCOM CORPORATION
    323 FRANKLIN RD
    HIGHLANDS,NC28741
    NONE PC GENERAL OPERATING 5,000
    MARFA PUBLIC RADIO CORPORATION
    PO BOX 238
    MARFA,TX798430238
    NONE PC GENERAL OPERATING 40,000
    SOUTH CAROLINA CHILDREN'S THEATRE
    PO BOX 9340
    GREENVILLE,SC296049340
    NONE PC GENERAL OPERATING 5,000
    BIRTHPLACE OF COUNTRY MUSIC ALLIANCE
    PO BOX 1927
    BRISTOL,VA242031927
    NONE PC GENERAL OPERATING 5,000
    ARKANSAS STATE UNIVERSITY SYSTEM INC
    PO BOX 1990
    STATE UNIVERSITY,AR724671990
    NONE PC GENERAL OPERATING 30,000
    CONTEMPORARY ARTS MUSEUM HOUSTON
    5216 MONTROSE BOULEVARD
    HOUSTON,TX77006
    NONE PC GENERAL OPERATING 25,000
    SCHREINER UNIVERSITY
    2100 MEMORIAL BLVD
    KERRVILLE,TX780285611
    NONE PC GENERAL OPERATING 40,000
    UNIVERSITY OF ST THOMAS
    3800 MONTROSE BLVD
    HOUSTON,TX770064626
    NONE PC GENERAL OPERATING 50,000
    JAMES DICK FOUND FOR THE PERFORMING ART
    PO BOX 89
    ROUND TOP,TX789540089
    NONE PC GENERAL OPERATING 50,000
    SOUTH TEXAS SYMPHONY ASSOCIATION INC
    PO BOX 2832
    MCALLEN,TX785022832
    NONE PC GENERAL OPERATING 20,000
    CHILDRENS COMMUNITY SCHOOL INC
    500 PLEASANT VALLEY DR
    GEORGETOWN,TX786267529
    NONE PC GENERAL OPERATING 20,000
    GONZALES CRYSTAL THEATER INC
    PO BOX 1956
    GONZALES,TX786291456
    NONE PC GENERAL OPERATING 10,000
    ARTISTIC RESOURCES FOR TEACHER AND STUDE
    307 N MAIN ST
    ST GEORGE,UT84770
    NONE PC GENERAL OPERATING 15,000
    LAS CASAS FOUNDATION
    222 E HOUSTON ST STE 640
    SAN ANTONIO,TX782052457
    NONE PC GENERAL OPERATING 20,000
    FRIENDS OF THE DENVER SCHOOL OF THE ARTS
    7111 MONTVIEW BLVD
    DENVER,CO802201867
    NONE PC GENERAL OPERATING 10,000
    AUSTIN CLASSICAL GUITAR SOCIETY
    PO BOX 4072
    AUSTIN,TX787654072
    NONE PC GENERAL OPERATING 30,000
    THE OPERA COMPANY INC
    PO BOX 5106
    EL PASO,TX799535106
    NONE PC GENERAL OPERATING 10,000
    THE CHILDRENS MUSEUM OF THE BRAZOS VALLE
    4001 E 29TH ST STE 80
    BRYAN,TX778024211
    NONE PC GENERAL OPERATING 5,000
    ASHLAND THEATER FOUNDATION
    205 ENGLAND STREET
    ASHLAND,VA230050000
    NONE PC GENERAL OPERATING 10,000
    UNIVERSITY OF TEXAS AT AUSTIN
    1 UNIVERSITY STATION
    AUSTIN,TX78712
    NONE PC GENERAL OPERATING 10,000
    DALLAS SYMPHONY ASSOCIATION INC
    2301 FLORA STREET SUITE 300
    DALLAS,TX75201
    NONE PC GENERAL OPERATING 60,000
    HOWARD PAYNE UNIVERSITY
    1000 FISK AVE
    BROWNWOOD,TX768012715
    NONE PC GENERAL OPERATING 25,000
    MIDLAND CHILDRENS REHABILITATION CENTER
    802 VENTURA AVE
    MIDLAND,TX797056533
    NONE PC GENERAL OPERATING 10,000
    UNIVERSITY OF DALLAS
    1845 E NORTHGATE DR
    IRVING,TX750624736
    NONE PC GENERAL OPERATING 100,000
    FORT WORTH OPERA ASSOCIATION INC
    505 PECAN ST STE 100
    FORT WORTH,TX761024072
    NONE PC GENERAL OPERATING 50,000
    TRINITY SCHOOL OF MIDLAND TEXAS
    3500 W WADLEY AVE
    MIDLAND,TX797075748
    NONE PC GENERAL OPERATING 25,000
    MARC INC
    2701 N A ST
    MIDLAND,TX797056611
    NONE PC GENERAL OPERATING 40,000
    HIGH SKY CHILDRENS RANCH
    8613 W COUNTY ROAD 60
    MIDLAND,TX797071357
    NONE PC GENERAL OPERATING 30,000
    BOYS AND GIRLS CLUB OF MIDLAND INC
    1321 S GOODE ST
    MIDLAND,TX797017886
    NONE PC GENERAL OPERATING 10,000
    MANOR PARK INC
    2208 N LOOP 250 W
    MIDLAND,TX797076011
    NONE PC GENERAL OPERATING 15,000
    MUSEUM OF THE SOUTHWEST
    1705 WEST MISSOURI AVE
    MIDLAND,TX79701
    NONE PC GENERAL OPERATING 500,000
    MIDLAND ODESSA SYMPHONY AND CHORALE INC
    3100 LAFORCE BLVD
    MIDLAND,TX79711
    NONE PC GENERAL OPERATING 125,000
    THE UNIVERSITY OF TEXAS PERMIAN BASIN
    4901 E UNIVERSITY
    ODESSA,TX79762
    NONE PC GENERAL OPERATING 75,000
    ANGELO STATE UNIVERSITY FOUNDATION INC
    ASU STATION 11009
    SAN ANGELO,TX769091009
    NONE PC GENERAL OPERATING 28,000
    ELLEN NOEL ART MUSEUM OF THE PERMIAN BAS
    4909 E UNIVERSITY BLVD
    ODESSA,TX797628144
    NONE PC GENERAL OPERATING 50,000
    DALLAS BLACK DANCE THEATRE
    PO BOX 131290
    DALLAS,TX753131290
    NONE PC GENERAL OPERATING 10,000
    ARTS COUNCIL OF MIDLAND
    PO BOX 3494
    MIDLAND,TX797023494
    NONE PC GENERAL OPERATING 150,000
    PLANO SYMPHONY ORCHESTRA NON-PROFIT CORP
    1635 DORCHESTER DR
    PLANO,TX750756443
    NONE PC GENERAL OPERATING 15,000
    BYNUM SCHOOL
    PO BOX 80175
    MIDLAND,TX797080175
    NONE PC GENERAL OPERATING 40,000
    PERMIAN BASIN OPERA
    3500 NORTH A STREET SUITE 2208
    MIDLAND,TX797052554
    NONE PC GENERAL OPERATING 40,000
    CHILDREN'S MEDICAL CENTER FOUNDATION
    1935 MEDICAL DISTRICT DR
    DALLAS,TX752357701
    NONE PC GENERAL OPERATING 25,000
    BIG SPRING SYMPHONY ASSOCIATION
    PO BOX 682
    BIG SPRING,TX797210682
    NONE PC GENERAL OPERATING 25,000
    BIG THOUGHT
    1409 SOUTH LAMAR STREET SUITE 1015
    DALLAS,TX75215
    NONE PC GENERAL OPERATING 25,000
    THE WEST TEXAS JAZZ SOCIETY INC
    PO BOX 10832
    MIDLAND,TX797027832
    NONE PC GENERAL OPERATING 25,000
    CHAMBER MUSIC SOCIETY OF FORT WORTH INC
    2501 PARKVIEW DRIVE SUITE 317E
    FORT WORTH,TX761025824
    NONE PC GENERAL OPERATING 10,000
    MIDLAND ISD EDUCATION FOUNDATION
    615 W MISSOURI AVE
    MIDLAND,TX797015017
    NONE PC GENERAL OPERATING 250,000
    HILLCREST SCHOOL INC
    2800 N A ST
    MIDLAND,TX797055301
    NONE PC GENERAL OPERATING 40,000
    MIDLAND FESTIVAL BALLET
    PO BOX 52034
    MIDLAND,TX797102034
    NONE PC GENERAL OPERATING 60,000
    ODESSA COLLEGE FOUNDATION INCORPORATED
    201 W UNIVERSITY BLVD
    ODESSA,TX797647105
    NONE PC GENERAL OPERATING 100,000
    HISPANIC CULTURAL CENTER OF MIDLAND
    PO BOX 51404
    MIDLAND,TX797101404
    NONE PC GENERAL OPERATING 100,000
    THE LOUISE HOPKINS UNDERWOOD CENTER ARTS
    511 AVENUE K
    LUBBOCK,TX794011800
    NONE PC GENERAL OPERATING 20,000
    MIDLAND MONTESSORI SCHOOL INC
    1101 AUSTIN ST
    MIDLAND,TX797030000
    NONE PC GENERAL OPERATING 11,000
    MIDLAND AFRICAN AMERICAN ROOTS COUNCIL
    1324 E PINE AVE
    MIDLAND,TX797055739
    NONE PC GENERAL OPERATING 20,000
    COVENANT HEALTH SYSTEM FOUNDATION
    3623 22ND PL
    LUBBOCK,TX794101317
    NONE PC GENERAL OPERATING 10,000
    AMPHIBIAN PRODUCTIONS INC
    120 S MAIN ST
    FORT WORTH,TX761041219
    NONE PC GENERAL OPERATING 20,000
    ROVER DRAMAWERKS
    221 W PARKER
    PLANO,TX750236914
    NONE PC GENERAL OPERATING 25,000
    LYRIC PERFORMING ARTS COMPANY
    PO BOX 1886
    BROWNWOOD,TX768041886
    NONE PC GENERAL OPERATING 15,000
    LUBBOCK SYMPHONY ORCHESTRA
    601 AVENUE K
    LUBBOCK,TX794011842
    NONE PC GENERAL OPERATING 100,000
    MIDLAND COMMUNITY THEATRE INC
    2000 WEST WADLEY AVE
    MIDLAND,TX79705
    NONE PC GENERAL OPERATING 60,000
    DALLAS OPERA
    2403 FLORA STREET SUITE 500
    DALLAS,TX75201
    NONE PC GENERAL OPERATING 30,000
    TEXAS TECH FOUNDATION INC
    PO BOX 45025
    LUBBOCK,TX794095025
    NONE PC GENERAL OPERATING 45,000
    CREATIVE ARTS CENTER OF DALLAS
    2360 LAUGHLIN DR
    DALLAS,TX752286841
    NONE PC GENERAL OPERATING 15,000
    DALLAS CHAMBER MUSIC SOCIETY INC
    PO BOX 601023
    DALLAS,TX753601023
    NONE PC GENERAL OPERATING 35,000
    MIDLAND COMMUNITY CONCERTS ASSOCIATION
    PO BOX 10836
    MIDLAND,TX797027836
    NONE PC GENERAL OPERATING 20,000
    CADENCE THEATRE COMPANY INC
    PO BOX 7119
    RICHMOND,VA232210119
    NONE PC GENERAL OPERATING 20,000
    CHRISTIAN YOUTH THEATER SAN ANTONIO
    PO BOX 310597
    NEW BRAUNFELS,TX781310597
    NONE PC GENERAL OPERATING 10,000
    BOWER CENTER FOR THE ARTS
    305 N BRIDGE ST
    BEDFORD,VA245231927
    NONE PC GENERAL OPERATING 10,000
    PERMIAN BASIN BOOKIES INC
    PO BOX 3575
    MIDLAND,TX797023575
    NONE PC GENERAL OPERATING 20,000
    MIDLAND HISTORICAL SOCIETY
    PO BOX 5901
    MIDLAND,TX797045901
    NONE PC GENERAL OPERATING 20,000
    ARTISTYEAR
    2114 DELANCEY ST
    PHILADELPHIA,PA191036512
    NONE PC GENERAL OPERATING 40,000
    MONTESSORI ADVANCEMENT ORGANIZATION
    532 JAKMAR RD
    BENBROOK,TX761264310
    NONE PC GENERAL OPERATING 5,000
    CASSATT IN THE BASIN
    2105 REDBUD AVE
    ODESSA,TX797611613
    NONE PC GENERAL OPERATING 75,000
    AKRON SYMPHONIC WINDS
    4532 COLLEGE RD
    CLEVELAND,OH441214229
    NONE PC GENERAL OPERATING 10,000
    THE HERMITAGE MUSEUM AND GARDENS
    7637 N SHORE RD
    NORFOLK,VA235051730
    NONE PC GENERAL OPERATING 10,000
    FIELDS EDGE
    PO BOX 50068
    MIDLAND,TX797100068
    NONE PC GENERAL OPERATING 75,000
    VERDIGRIS ENSEMBLE INC
    6176 VICKERY BLVD
    DALLAS,TX752143344
    NONE PC GENERAL OPERATING 20,000
    TEEN VOICES INC
    2413 ELLIS CT
    PLANO,TX750753551
    NONE PC GENERAL OPERATING 10,000
    LAKEWOOD SYMPHONY ORCHESTRA
    14381 W ARCHER AVE
    GOLDEN,CO804015301
    NONE PC GENERAL OPERATING 1,000
    AUGUSTANA ARTS INC
    5000 E ALAMEDA AVE
    DENVER,CO802468104
    NONE PC GENERAL OPERATING 5,000
    TEXAS BALLET THEATER INC
    1540 MALL CIRCLE
    FORT WORTH,TX76116
    NONE PC GENERAL OPERATING 40,000
    BIG SEED HILL COUNTRY
    332 CLAY ST
    KERRVILLE,TX780284502
    NONE PC GENERAL OPERATING 25,000
    EARLY MUSIC ACCESS PROJECT INC
    684 LOCKESLEY TER CHARLOTTESVILLE
    CHARLOTTESVILLE,VA229036501
    NONE PC GENERAL OPERATING 5,000
    COLORADO BALLET COMPANY
    1075 SANTA FE DR
    DENVER,CO802043950
    NONE PC GENERAL OPERATING 10,000
    NATIONAL DANCE INSTITUTE NEW MEXICO
    1410 ALTO ST
    SANTA FE,NM87501
    NONE PC GENERAL OPERATING 5,000
    BOUNDLESS THEATRE COMPANY INC
    4121 42ND ST APT 6D
    SUNNYSIDE,NY111042728
    NONE PC GENERAL OPERATING 10,000
    BALLET WEST
    50 WEST 200 SOUTH
    SALT LAKE CITY,UT84101
    NONE PC GENERAL OPERATING 25,000
    PORTLAND YOUTH PHILHARMONIC ASSOCIATION
    9320 SW BARBUR BLVD STE 140
    PORTLAND,OR97219
    NONE PC GENERAL OPERATING 10,000
    CABRILLO FESTIVAL OF CONTEMPORARY MUSIC
    147 S RIVER ST STE 232
    SANTA CRUZ,CA950604556
    NONE PC GENERAL OPERATING 15,000
    THE COLBURN SCHOOL
    200 S GRAND AVE
    LOS ANGELES,CA900123007
    NONE PC GENERAL OPERATING 10,000
    Total .................................bullet 3a 5,262,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 2,982,903  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............
        18 1,982,431  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPARTNERSHIP INCOME
        1 152  
    bOTHER INCOME     1 53,493  
    cROYALTY INCOME     16 167,681  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   5,186,660  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    5,186,660
    (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 (2019)
    Form 990-PF (2019)
    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


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    Form 990-PF (2019)
    Additional Data


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