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 01-01-2018 , and ending 12-31-2018
Name of foundation
FRANKLIN SQUARE HOUSE FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 78037
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BELMONT, MA02478
A Employer identification number

04-2103780
B Telephone number (see instructions)

(617) 312-3400
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$23,625,542J 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 747,647 747,647  
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 511,602
b Gross sales price for all assets on line 6a 6,625,955
7 Capital gain net income (from Part IV, line 2)... 511,602
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 80,006 0  
12 Total. Add lines 1 through 11........ 1,339,255 1,259,249  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 167,225 0   167,225
14 Other employee salaries and wages...... 1,650 0   1,650
15 Pension plans, employee benefits....... 10,778 0   10,778
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 20,874 0   20,874
c Other professional fees (attach schedule).... Click to see attachment 140,904 137,204   3,700
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 57,738 271   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 7,286 0   7,286
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 20,526 0   20,526
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 426,981 137,475   232,039
25 Contributions, gifts, grants paid....... 901,365 901,365
26 Total expenses and disbursements. Add lines 24 and 25 1,328,346 137,475   1,133,404
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 10,909
b Net investment income (if negative, enter -0-) 1,121,774
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............. 44,606 164,254 164,254
2 Savings and temporary cash investments......... 1,236,455 829,345 829,345
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.......... 2,083 20,494 20,494
10a Investments—U.S. and state government obligations (attach schedule) 1,108,880 Click to see attachment1,957,831 1,955,798
b Investments—corporate stock (attach schedule)....... 12,755,418 Click to see attachment12,353,136 14,286,542
c Investments—corporate bonds (attach schedule)....... 5,955,208 Click to see attachment6,149,571 5,926,511
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 725,213 Click to see attachment356,825 357,895
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment74,100 Click to see attachment84,703 Click to see attachment84,703
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 21,901,963 21,916,159 23,625,542
Liabilities 17 Accounts payable and accrued expenses.......... 49,557 17,980
18 Grants payable.................    
19 Deferred revenue.................   34,143
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)......... 49,557 52,123
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.................. 21,852,406 21,864,036
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........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 21,852,406 21,864,036
31 Total liabilities and net assets/fund balances (see instructions). 21,901,963 21,916,159
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
21,852,406
2
Enter amount from Part I, line 27a .....................
2
10,909
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
721
4
Add lines 1, 2, and 3 ..........................
4
21,864,036
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
21,864,036
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 SALE OF INVESTMENTS P    
b
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 6,625,955   6,114,353 511,602
b
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       511,602
b
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 2 511,602
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 1,224,784 24,046,032 0.050935
2016 1,083,984 23,051,960 0.047024
2015 1,172,798 23,748,202 0.049385
2014 1,131,931 23,781,523 0.047597
2013 994,431 22,594,775 0.044012
2
Total of line 1, column (d) .....................
2
0.238953
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
0.047791
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
24,614,921
5
Multiply line 4 by line 3......................
5
1,176,372
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
11,218
7
Add lines 5 and 6........................
7
1,187,590
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,133,404
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 22,435
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 22,435
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 22,435
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 41,310
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 41,310
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 18,875
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet18,875 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.FRANKLINSQUAREHOUSEFOUNDATION.ORG
    14
    The books are in care ofbulletROBERT E GOLDSTEIN EXECUTIVE DIRECTOR Telephone no.bullet (617) 312-3400

    Located atbulletPO BOX 78037BELMONTMA ZIP+4bullet02478
    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
    ROBERT E GOLDSTEIN EXECUTIVE DIRECTOR
    40.00     		167,225 0 0
    PO BOX 78037
    BELMONT,MA02478
    ELLEN CHRISTIE BOARD MEMBER
    1.00     		0 0 0
    PO BOX 78037
    BELMONT,MA02478
    VANESSA CALDERON-ROSADO CLERK
    1.00     		0 0 0
    PO BOX 78037
    BELMONT,MA02478
    VINCENT MCCARTHY BOARD MEMBER
    1.00     		0 0 0
    PO BOX 78037
    BELMONT,MA02478
    BARRY MILLS BOARD MEMBER
    1.00     		0 0 0
    PO BOX 78037
    BELMONT,MA02478
    JANET FRAZIER TREASURER
    1.00     		0 0 0
    PO BOX 78037
    BELMONT,MA02478
    HEMMIE CHANG BOARD MEMBER
    1.00     		0 0 0
    PO BOX 78037
    BELMONT,MA02478
    MARILYN CRONE BOARD MEMBER
    1.00     		0 0 0
    PO BOX 78037
    BELMONT,MA02478
    ANITA HUGGINS BOARD MEMBER
    1.00     		0 0 0
    PO BOX 78037
    BELMONT,MA02478
    RUTH ELLEN FITCH VICE PRESIDENT
    1.00     		0 0 0
    PO BOX 78037
    BELMONT,MA02478
    AUDREY K WANG PRESIDENT
    1.00     		0 0 0
    PO BOX 78037
    BELMONT,MA02478
    LYDIA DOWNIE BOARD MEMBER
    1.00     		0 0 0
    PO BOX 78037
    BELMONT,MA02478
    PATRICIA BELDEN BOARD MEMBER
    1.00     		0 0 0
    PO BOX 78037
    BELMONT,MA02478
    CHIP FLOWERS BOARD MEMBER
    1.00     		0 0 0
    PO BOX 78037
    BELMONT,MA02478
    DEBORAH CHAUSSE BOARD MEMBER
    1.00     		0 0 0
    PO BOX 78037
    BELMONT,MA02478
    MARK RICKABAUGH BOARD MEMBER
    1.00     		0 0 0
    PO BOX 78037
    BELMONT,MA02478
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    24,282,452
    b
    Average of monthly cash balances.......................
    1b
    707,316
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    24,989,768
    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
    24,989,768
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    374,847
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    24,614,921
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,230,746
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,230,746
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    22,435
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    22,435
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,208,311
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    80,006
    5
    Add lines 3 and 4............................
    5
    1,288,317
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,288,317
    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
    1,133,404
    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
    1,133,404
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,133,404
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 1,288,317
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015...... 20,611
    d From 2016......  
    e From 2017...... 77,533
    fTotal of lines 3a through e........ 98,144
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 1,133,404
    a Applied to 2017, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 1,133,404
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 98,144 98,144
    (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 ..........     		56,769
    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 e-mail address of the person to whom applications should be addressed:
    ROBERT E GOLDSTEIN
    PO BOX 78037
    BELMONT,MA02478
    (617) 312-3400
    bThe form in which applications should be submitted and information and materials they should include:
    POTENTIAL GRANTEES ARE REQUIRED TO CONTACT THE EXECUTIVE DIRECTOR AND GO THROUGH AN INITIAL SCREENING PROCESS VIA TELEPHONE TO DETERMINE IF THE ORGANIZATION IS WITHIN THE PARAMETERS OF THE FOUNDATION'S MISSION AND APPROPRIATE FOR FUNDING. THE APPLICATION IS AVAILABLE ON THE FOUNDATION'S WEBSITE. GRANT SUBMISSIONS ARE SUBMITTED VIA MAIL TO THE FOUNDATION'S PO BOX AND ELECTRONICALLY, IN ADVANCE OF THE DEADLINE. THE EXECUTIVE DIRECTOR THEN REVIEWS THE APPLICATIONS FOR COMPLETENESS, WRITES A SUMMARY AND DISTRIBUTES A LIST OF ALL SUBMISSIONS AND THE AMOUNT OF ALL GRANT REQUESTS TO THE BOARD OF DIRECTORS. SITE VISITS ARE CONDUCTED BY BOARD MEMBERS. THE FOLLOWING ITEMS ARE REQUIRED AS PART OF THE APPLICATION PROCESS: A COMPLETED STANDARD APPLICATION FORM, IRS DETERMINATION LETTER, 1ST PAGE OF FORM 990, MOST RECENTLY AUDITED FINANCIAL STATEMENTS, PROJECT BUDGET, LIST OF OTHER FUNDING SOURCES, ORGANIZATION BUDGET AND PROJECT TIMELINE.
    cAny submission deadlines:
    YES, SUBMISSION DEADLINES ARE SET FOR EACH ANNUAL GRANT CYCLE.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    MUST BE HOUSING RELATED AND IN SUPPORT OF THE FOUNDATION'S MISSION
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    ROBERT E GOLDSTEIN
    PO BOX 78037
    BELMONT,MA02478
    (617) 312-3400
    bThe form in which applications should be submitted and information and materials they should include:
    POTENTIAL GRANTEES ARE REQUIRED TO CONTACT THE EXECUTIVE DIRECTOR AND GO THROUGH AN INITIAL SCREENING PROCESS VIA TELEPHONE TO DETERMINE IF THE ORGANIZATION IS WITHIN THE PARAMETERS OF THE FOUNDATION'S MISSION AND APPROPRIATE FOR FUNDING. THE APPLICATION IS AVAILABLE ON THE FOUNDATION'S WEBSITE. GRANT SUBMISSIONS ARE SUBMITTED VIA MAIL TO THE FOUNDATION'S PO BOX AND ELECTRONICALLY, IN ADVANCE OF THE DEADLINE. THE EXECUTIVE DIRECTOR THEN REVIEWS THE APPLICATIONS FOR COMPLETENESS, WRITES A SUMMARY AND DISTRIBUTES A LIST OF ALL SUBMISSIONS AND THE AMOUNT OF ALL GRANT REQUESTS TO THE BOARD OF DIRECTORS. SITE VISITS ARE CONDUCTED BY BOARD MEMBERS. THE FOLLOWING ITEMS ARE REQUIRED AS PART OF THE APPLICATION PROCESS: A COMPLETED STANDARD APPLICATION FORM, IRS DETERMINATION LETTER, 1ST PAGE OF FORM 990, MOST RECENTLY AUDITED FINANCIAL STATEMENTS, PROJECT BUDGET, LIST OF OTHER FUNDING SOURCES, ORGANIZATION BUDGET AND PROJECT TIMELINE.
    cAny submission deadlines:
    YES, SUBMISSION DEADLINES ARE SET FOR EACH ANNUAL GRANT CYCLE.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    IN ADDITION TO BEING A 501(C)(3) ORGANIZATION, GRANTEE MUST BE RACIALLY AND ECONOMICALLY MIXED AND HAVE A HEALTHY MIX OF SUBSIDIZED STUDENTS.
    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
    BEVERLY CHILDREN'S LEARNING CENTER
    550 CABOT STREET
    BEVERLEY,MA01915     		NONE PUBLIC CHARITY CHILDCARE CAPITAL GRANT - CAPITAL IMPROVEMENTS 50,000
    CASA ESPERANZA
    302 EUSTIS STREET
    ROXBURY,MA02119     		NONE PUBLIC CHARITY HOUSING CAPITAL GRANT - RECOVERY HOME FOR WOMEN AND CHILDREN 48,284
    CASPARBAYCOVE
    PO BOX 45538
    SOMERVILLE,MA02145     		NONE PUBLIC CHARITY HOUSING CAPITAL GRANT - RECOVERY HOME FOR WOMEN 70,585
    COMMUNITY ACTION INC
    3 WASHINGTON SQUARE 4TH FLOOR
    HAVERILL,MA01830     		NONE PUBLIC CHARITY CHILDCARE CAPITAL GRANT - CAPITAL IMPROVEMENTS 49,013
    COMMUNITY ACTION OF CAPE COD & THE ISLANDS
    88 NORTH STREET
    HYANNIS,MA02601     		NONE PUBLIC CHARITY HOUSING CAPITAL GRANT - DOMESTIC VIOLENCE SHELTER 46,648
    COMMUNITY TEAMWORK
    155 MERRIMACK STREET
    LOWELL,MA01852     		NONE PUBLIC CHARITY HOUSING CAPITAL GRANT - 8 NOTRE DAME STREET 27,017
    CRISPUS ATTUCKS CHILDCARE CENTER
    105 CRAWFORD STREET
    DORCHESTER,MA02121     		NONE PUBLIC CHARITY CHILDCARE CAPITAL GRANT - 58 BERKELEY STREET, RENOVATION OF FACILITY 50,000
    EDWINA MARTIN HOUSE
    870 NORTH MAIN STREET
    BROCKTON,MA02301     		NONE PUBLIC CHARITY HOUSING CAPITAL GRANT - WOMEN'S SOBER HOUSING 100,000
    FRIENDS OF BOSTON'S HOMELESS
    12 WISE STREET
    JAMAICA PLAIN,MA02130     		NONE PUBLIC CHARITY HOUSING CAPITAL GRANT - TRANSITIONAL HOUSING FOR FORMERLY HOMELESS WOMEN 44,397
    HEALING ABUSE WORKING FOR CHANGE
    27 CONGRESS STREET SUITE 204
    SALEM,MA01970     		NONE PUBLIC CHARITY HOUSING CAPITAL GRANT - DOMESTIC VIOLENCE SHELTER 19,100
    HOME FOR LITTLE WANDERERS
    10 GUEST STREET
    BOSTON,MA02135     		NONE PUBLIC CHARITY HOUSING CAPITAL GRANT - TEEN HOUSING 4,206
    HOUSE OF HOPE
    812 MERRIMACK STREET
    LOWELL,MA01854     		NONE PUBLIC CHARITY HOUSING CAPITAL GRANT - HOMELESS FAMILY SHELTER 30,504
    JFK FAMILY SERVICES
    23A MOULTON STREET
    CHARLESTOWN,MA02129     		NONE PUBLIC CHARITY CHILDCARE CAPITAL GRANT - CAPITAL IMPROVEMENTS 50,000
    MONTACHUSETTS OPPORTUNITY COUNCIL
    601 RIVER STREET
    FITCHBURG,MA01420     		NONE PUBLIC CHARITY CHILDCARE CAPITAL GRANT - CAPITAL IMPROVEMENTS 50,000
    PATHWAYS FOR CHILDREN
    29 EMERSON AVENUE
    GLOUCESTER,MA01930     		NONE PUBLIC CHARITY CHILDCARE CAPITAL GRANT - EARLY LEARNING CENTER 33,732
    SOUTH MIDDLESEX OPPORTUNITY COUNCIL (SMOC)
    7 BISHOP STREET
    FRAMINGHAM,MA01702     		NONE PUBLIC CHARITY HOUSING CAPITAL GRANT - HOMELESS FAMILY SHELTER 30,280
    VOLUNTEERS OF AMERICA
    441 CENTER STREET
    JAMAICA PLAIN,MA02130     		NONE PUBLIC CHARITY HOUSING CAPITAL GRANT - RECOVERY HOME FOR WOMEN 85,450
    WELLSPRING HOUSE
    302 ESSEX AVENUE
    GLOUCESTER,MA01930     		NONE PUBLIC CHARITY HOUSING CAPITAL GRANT - TRANSITIONAL HOUSING FOR HOMELESS FAMILIES 41,197
    WOBURN COUNCIL FOR SOCIAL CONCERN
    2 MERRIMAC STREET
    WOBURN,MA01801     		NONE PUBLIC CHARITY CHILDCARE CAPITAL GRANT - CAPITAL IMPROVEMENTS 31,475
    WORCESTER COMMUNITY ACTION
    484 MAIN STREET SUITE 200
    WORCESTER,MA01608     		NONE PUBLIC CHARITY CHILDCARE CAPITAL GRANT - CAPITAL IMPROVEMENTS 39,477
    Total .................................bullet 3a 901,365
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 747,647  
    4 Dividends and interest from securities....          
    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 ............     		    18 511,602  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aRETURN OF GRANT FUNDING     		        80,006
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 1,259,249 80,006
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,339,255
    (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.)
    11A PRIOR YEAR FUNDING RETURNED AND REGRANTED WHEN GRANT TERMS ARE NOT MET
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    FRANKLIN SQUARE HOUSE FOUNDATION INC
    EIN:
    04-2103780
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 20,874 0   20,874

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    FRANKLIN SQUARE HOUSE FOUNDATION INC
    EIN:
    04-2103780
    Name of Bond End of Year Book Value End of Year Fair Market Value
    150000 SHS GOLDMAN SACHS GROUP 150,581 149,464
    150000 SHS VERIZON COMMUNI 148,982 148,620
    200000 SHS FORD MOTOR CRED 200,376 195,274
    150000 SHS COMCAST CORPORA 145,178 142,980
    150000 SHS AT&T INC 148,487 146,312
    150000 SHS EBAY INC 147,931 144,350
    150000 SHS CAMPBELL SOUP CO 149,716 141,517
    106000 SHS ABBOTT LABRATORIES 105,969 105,392
    75000 SHS LINDE PLC 74,228 73,653
    125000 SHS BECTON, DICKENS 123,176 123,199
    140000 SHS PACKAGING CORP 138,533 137,484
    125000 SHS THE KROGER CO 124,212 122,814
    75000 SHS THE HOME DEPOT 73,472 73,514
    75000 PEPSICO INC 73,465 73,422
    100000 HASBRO INC 100,852 99,638
    75000 SYSCO CORP 74,409 73,234
    75000 CATERPILLAR FINL 75,117 74,323
    250000 SHS RYDER SYSTEM INC 253,104 249,283
    250000 SHS MORGAN STANLEY 274,923 253,730
    100000 SHS ANHEUSER BUSCH 113,905 103,077
    128000 SHS DR PEPPER SNAPPLE 128,814 126,131
    2500000 SHS CITIGROUP INC 252,261 246,651
    125000 SHS INGREDION INC 135,193 127,575
    1250000 SHS THE GAP INC 134,167 127,300
    250000 AUTOZONE INC 260,518 249,547
    150000 SHS DUKE REALITY 153,549 153,650
    250000 SHS PRIMERICA INC 274,268 256,634
    250000 SHS HCP 262,098 250,449
    275000 SHS JCMORGAN CHASE 286,324 276,535
    250000 SHS THE GOLDMAN SACHS 257,735 246,858
    250000 SHS QVC INC 255,315 239,067
    125000 OLD REPLUBLIC INC 135,159 129,221
    250000 MASCO CORP 268,440 248,231
    250000 SHS CAPITAL ONE FINL 253,913 240,537
    125000 SHS CBRE SERVICES 131,793 127,943
    250000 SHS ARCH CAPITAL FIN 263,408 248,902

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    FRANKLIN SQUARE HOUSE FOUNDATION INC
    EIN:
    04-2103780
    Name of Stock End of Year Book Value End of Year Fair Market Value
    7086 SHS AT&T INC. 252,939 202,229
    2177 SHS ABBOT LABS 84,746 157,462
    1800 SHS ANALOG DEVICES 102,457 154,494
    600 SHS APPLE INC. 65,572 94,644
    2000 SHS BWX TECHNOLOGIES 123,299 76,460
    2000 SHS BAXTER INTERNATIONAL 92,224 131,640
    3400 SHS BB&T CORPORATION 112,190 147,288
    350 SHS BERKSHIRE HATHAWAY 60,725 71,463
    7000 SHS BOSTON PROPER 172,320 159,950
    1100 SHS CHUBB LTD 136,355 142,098
    5000 SHS COMCAST CORP 105,593 170,250
    1700 SHS DXC TECHNOLOGY 110,801 90,389
    3000 SHS DOWDUPONT 102,262 160,440
    1800 SHS EATON CORP PLC 112,153 123,588
    1700 SHS ENTERGY CORP 113,572 146,319
    6000 SHS FEDERATED INVS PA 165,768 159,300
    8000 SHS HUNTINGTON BANCSHS 106,139 95,360
    1600 SHS JOHNSON & JOHNSON 200,114 206,480
    5000 SHS KIMCO REALTY 118,240 105,550
    1100 SHS MEDTRONIC PLC 94,218 100,056
    3800 SHS OCCIDENTAL PETROL CO 264,191 233,244
    1500 SHS PAYPAL HOLDINGS INCO 49,686 126,135
    1200 SHS PEPSICO INCORPORATED 124,950 132,576
    5000 SHS PFIZER INCORPORATED 150,209 218,250
    7300 SHS PPL CORPORATION 246,175 206,809
    400 SHS PROCTER & GAMBLE 35,727 36,768
    5000 SHS PUBLIC STORAGE 120,461 110,250
    6000 SHS RLJ LODGING TR 170,940 148,680
    4500 SHS ROYAL DUTCH SHELL 258,746 269,730
    6000 SHS STAG INDUSTR 160,517 154,200
    2100 SHS SYSCO CORPORATION 129,925 131,586
    4920 SHS TAUBMAN CENTE 124,974 115,866
    4000 SHS UNILEVER N V 152,720 215,200
    1400 SHS UNITED PARCEL SRVC 144,193 136,542
    3500 SHS VERIZON COMMUNICATN 168,022 196,770
    5000 SHS VORNADO REALT 121,506 112,450
    1680 SHS WALMART STORES INC 131,499 156,492
    4500 SHS WELLS FARGO BK 257,608 207,360
    1800 SHS ZIMMER BIOMET HLDGS 202,086 186,696
    600 SHS 3M COMPANY 135,350 114,324
    6000 SHS VORNADO REALT 148,795 123,300
    5395 SHS BB&T CORP 133,986 119,445
    300 SHS BIOGEN IN 104,641 90,276
    2800 SHS BOSTON SCIENTIFIC 94,757 98,952
    2500 SHS BP PLC 101,238 94,800
    5700 SHS CONDUENT INC 120,376 60,591
    2300 SHS EBAY INC 78,981 64,561
    900 SHS EVEREST RE GROUP 209,677 195,984
    2100 SHS FIRST AMER FINANCIAL 99,663 93,744
    3700 SHS FIRST HAWAIIAN INC 91,868 83,287
    5300 SHS GLAXOSMITHSKLINE PC 253,602 202,513
    3000 SHS MONDELEX INTL 118,371 120,090
    2500 SHS NUVASIVE INC 122,766 123,900
    700 SHS PIONEER NATURAL RES 102,665 92,064
    5390 SHS THE BANK OF NE 134,479 122,515
    3400 SHS UNITED BANKSHRS INC 125,618 105,774
    3290 SHS ABBOTT LABORATORIES 130,686 237,966
    1450 SHS ABBVIE INC 78,858 133,676
    1465 ACCENTURE PLC 77,635 206,580
    1020 SHS AIR PROD 53,172 163,251
    896 SHS ALLEGRAN PLC 160,260 119,759
    1250 SHS AMERIPRISE FINANCIAL 80,148 130,463
    1450 SHS AMERISOURCEBERGEN CO 107,639 107,880
    1845 SHS ANALOG DEVICES INC 147,842 158,356
    1158 SHS APPLE INC 136,166 182,663
    1475 SHS AUTO DATA PROCESSING 59,435 193,402
    1532 SHS BROADRIDGE FINL SOL 47,364 147,455
    1490 SHS CHEVRON CORP 129,396 162,097
    1115 SHS CHUBB LTD 121,437 144,036
    3000 SHS COCA COLA COMPANY 44,165 142,050
    1345 SHS DOMINION RESOURCES 75,763 96,114
    1880 SHS FIDELITY NATL INFO 145,056 192,794
    1165 SHS HOME DEPOT INC 93,718 200,170
    1450 SHS HONEYWELL INTL INC 146,228 191,574
    2610 SHS INTERCONTINENTAL EXC 156,750 196,611
    5700 SHS INTERPUBLIC GRP COS 135,931 117,591
    775 JOHNSON & JOHNSON 53,287 100,014
    2025 SHS JPMORGAN CHASE & CO 132,680 197,681
    2080 SHS MARCH & MC LENNAN CO 126,559 165,880
    1985 SHS MEDTRONIC PLC 150,327 180,556
    2515 SHS MERCK & CO INC 147,869 192,171
    2990 SHS MICROSOFT CORP 88,124 303,694
    970 SHS NEXTERA ENERGY INC 99,013 168,605
    1405 SHS OCCIDENTAL PETROL CO 111,376 86,239
    3575 SHS PFIZER INCO 65,713 156,049
    1450 PROCTER & GAMBLE 100,511 133,284
    1165 RAYTHEON COMPANY 121,576 178,653
    1945 SHS ROYAL CARIBBEAN CRUI 171,500 190,202
    2560 SHS ROYAL DUTCH SHELL 155,639 153,446
    1065 SHS UNION PACIFIC CORP 108,147 147,215
    2025 SHS VISA INC 158,675 267,179
    1935 SHS WALGREENS BOOTS ALLI 166,432 132,219
    4500 SHS AT&T INC 147,044 128,430
    42 SHS BOEING CO 12,966 13,545
    3500 SHS ORACLE CORP 159,307 158,025
    1250 SHS WALT DISNEY CO 145,777 137,063
    2100 SHS ROSS STORES INC 180,310 174,720

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    FRANKLIN SQUARE HOUSE FOUNDATION INC
    EIN:
    04-2103780
    US Government Securities - End of Year Book Value:

    1,957,831
    US Government Securities - End of Year Fair Market Value:

    1,955,798
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2018 InvestmentsOtherSchedule2
    Name:
    FRANKLIN SQUARE HOUSE FOUNDATION INC
    EIN:
    04-2103780
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    6422 SABRA HEALTH REIT AT COST 134,988 105,835
    2000 SHS WELLTOWER INC. AT COST 124,092 138,820
    4000 SHS STORE CAPITAL CORP AT COST 97,745 113,240

    TY 2018 OtherAssetsSchedule
    Name:
    FRANKLIN SQUARE HOUSE FOUNDATION INC
    EIN:
    04-2103780
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DIVIDENDS RECEIVABLE 74,100 84,703 84,703


    TY 2018 OtherExpensesSchedule
    Name:
    FRANKLIN SQUARE HOUSE FOUNDATION INC
    EIN:
    04-2103780
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DUES, FEES AND SUBSCRIPTION 1,015 0   1,015
    WEBSITE EXPENSES 500 0   500
    OFFICE EXPENSES 7,838 0   7,838
    INSURANCE 2,752 0   2,752
    TELEPHONE 1,100 0   1,100
    MISCELLANEOUS DONATIONS 7,321 0   7,321


    TY 2018 OtherIncomeSchedule2
    Name:
    FRANKLIN SQUARE HOUSE FOUNDATION INC
    EIN:
    04-2103780
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    RETURN OF GRANT FUNDING 80,006   80,006


    TY 2018 OtherIncreasesSchedule
    Name:
    FRANKLIN SQUARE HOUSE FOUNDATION INC
    EIN:
    04-2103780
    Description Amount
    ADJUSTMENT TO COST BASIS FOR NONDIVIDEND DISTRIBUTIONS 721


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    FRANKLIN SQUARE HOUSE FOUNDATION INC
    EIN:
    04-2103780
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER CONSULTANTS 3,700 0   3,700
    INVESTMENT ADVISORY FEES 137,204 137,204   0


    TY 2018 TaxesSchedule
    Name:
    FRANKLIN SQUARE HOUSE FOUNDATION INC
    EIN:
    04-2103780
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX ON INVESTMENT INCOME 57,467 0   0
    FOREIGN TAXES PAID 271 271   0