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
THE ASHTON FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)199 NORTH 290 WEST 100
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LINDON, UT84042
A Employer identification number

87-0480108
B Telephone number (see instructions)

(801) 226-1266
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$1,401,854J 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) 2,000,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 2,012 2,012  
4 Dividends and interest from securities... 60,849 60,849  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 6,499
b Gross sales price for all assets on line 6a 1,515,246
7 Capital gain net income (from Part IV, line 2)... 6,499
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 502 502  
12 Total. Add lines 1 through 11........ 2,069,862 69,862  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 94,000     94,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 5,488 5,488    
c Other professional fees (attach schedule).... Click to see attachment 17,915 17,915    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,758 1,258    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 2,895     2,895
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 161 161    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 123,217 24,822   96,895
25 Contributions, gifts, grants paid....... 940,324 940,324
26 Total expenses and disbursements. Add lines 24 and 25 1,063,541 24,822   1,037,219
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,006,321
b Net investment income (if negative, enter -0-) 45,040
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.............      
2 Savings and temporary cash investments......... 44,484 140,221 140,221
3 Accounts receivable bullet88
Less: allowance for doubtful accounts bullet     88 88
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 516,322 Click to see attachment1,425,931 1,260,607
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 51 Click to see attachment938 938
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) 560,857 1,567,178 1,401,854
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 SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 560,857 1,567,178
30 Total net assets or fund balances (see instructions)..... 560,857 1,567,178
31 Total liabilities and net assets/fund balances (see instructions). 560,857 1,567,178
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
560,857
2
Enter amount from Part I, line 27a .....................
2
1,006,321
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
1,567,178
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
1,567,178
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 ML 204 P    
b ML 204 SUPP P    
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 1,490,601   1,497,784 -7,183
b 10,910   10,963 -53
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       -7,183
b       -53
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 6,499
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 962,426 1,038,694 0.926573
2016 1,426,789 2,012,077 0.709113
2015 2,010,203 2,862,812 0.702178
2014 8,834,482 3,648,467 2.421423
2013 1,097,541 11,798,029 0.093027
2
Total of line 1, column (d) .....................
2
4.852314
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
0.970463
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
1,006,211
5
Multiply line 4 by line 3......................
5
976,491
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
450
7
Add lines 5 and 6........................
7
976,941
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,037,219
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 1 450
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 450
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 450
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 1,601
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,601
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,151
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet1,151 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
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)
    bulletUT
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletBEESMARK INVESTMENTS Telephone no.bullet (801) 226-1266

    Located atbullet199 NORTH 290 WEST SUITE 100LINDONUT ZIP+4bullet84042
    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
     
     
    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
    ADAM ASHTON TRUSTEE
    000.00     		4,000 0 0
    641 SOUTH PALISADE DRIVE
    OREM,UT84097
    ALAN C ASHTON TRUSTEE
    000.00     		4,000 0 0
    199 NORTH 290 WEST STE 100
    LINDON,UT84042
    ALLISON NORTON TRUSTEE
    000.00     		4,000 0 0
    6026 WEST 11400 NORTH
    HIGHLAND,UT84003
    AMY JO YOUNG TRUSTEE
    000.00     		4,000 0 0
    2909 NORTH 1230 WEST
    PLEASANT GROVE,UT84062
    ANNIE ASHTON TRUSTEE
    000.00     		4,000 0 0
    641 SOUTH PALISADE DRIVE
    OREM,UT84097
    BRIGHAM ASHTON TRUSTEE
    000.00     		4,000 0 0
    946 EAST 500 SOUTH
    OREM,UT84097
    CHAD YOUNG TRUSTEE
    000.00     		4,000 0 0
    2909 NORTH 1230 WEST
    PLEASANT GROVE,UT84062
    ELIZA SMITH TRUSTEE
    000.00     		4,000 0 0
    26870 REGENCY PINES DRIVE
    KINGWOOD,TX77339
    ELIZABETH ASHTON TRUSTEE
    000.00     		4,000 0 0
    946 EAST 500 SOUTH
    OREM,UT84097
    EMILY ANN EDDINGTON TRUSTEE
    000.00     		4,000 0 0
    737 WEST 2490 NORTH
    PLEASANT GROVE,UT84062
    ERIN ASHTON TRUSTEE
    000.00     		4,000 0 0
    742 EAST 600 SOUTH
    OREM,UT84097
    HEATH WESTFALL TRUSTEE
    000.00     		4,000 0 0
    515 SOUTH PALISADE DRIVE
    PROVO,UT84097
    KAREN ASHTON TRUSTEE
    000.00     		3,000 0 0
    199 NORTH 290 WEST STE 100
    LINDON,UT84042
    MELISSA ASHTON TRUSTEE
    000.00     		4,000 0 0
    11707 SUNRISE CIRCLE
    HIGHLAND,UT84003
    MICHAEL SMITH TRUSTEE
    000.00     		3,000 0 0
    26870 REGENCY PINES DRIVE
    KINGWOOD,TX77339
    MORGAN ASHTON TRUSTEE
    000.00     		4,000 0 0
    6017 WEST BULL RIVER ROAD
    HIGHLAND,UT84003
    PAUL EDDINGTON TRUSTEE
    000.00     		4,000 0 0
    737 WEST 2490 NORTH
    PLEASANT GROVE,UT84062
    REBEKAH WESTFALL TRUSTEE
    000.00     		4,000 0 0
    515 SOUTH PALISADE DRIVE
    PROVO,UT84097
    SAMUEL ASHTON TRUSTEE
    000.00     		4,000 0 0
    11707 SUNRISE CIRCLE
    HIIGHLAND,UT84003
    SPENCER ASHTON TRUSTEE
    000.00     		4,000 0 0
    974 E ROSEBROOK CIRCLE
    SANDY,UT84070
    STEPHANIE ASHTON TRUSTEE
    000.00     		4,000 0 0
    6017 WEST BULL RIVER ROAD
    HIGHLAND,UT84003
    STEPHEN ASHTON TRUSTEE
    000.00     		4,000 0 0
    742 EAST 600 SOUTH
    OREM,UT84097
    TOBY NORTON TRUSTEE
    000.00     		4,000 0 0
    6036 WEST 11400 NORTH
    HIGHLAND,UT84003
    TRACI ASHTON TRUSTEE
    000.00     		4,000 0 0
    974 E ROSEBROOK CIRCLE
    DRAPER,UT84020
    DAVE HARKNESS EXECUTIVE DI
    000.00     		0 0 0
    199 EAST 200 NORTH STE 100
    LINDON,UT84042
    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  
    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.............bullet  
    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 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    926,095
    b
    Average of monthly cash balances.......................
    1b
    95,300
    c
    Fair market value of all other assets (see instructions)................
    1c
    139
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,021,534
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    1,021,534
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    15,323
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,006,211
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    50,311
    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
    50,311
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    450
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    450
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    49,861
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    49,861
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    49,861
    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
    1,037,219
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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
    1,037,219
    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
    450
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,036,769
    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 49,861
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 525,958
    b From 2014...... 8,658,651
    c From 2015...... 1,869,216
    d From 2016...... 1,327,841
    e From 2017...... 913,687
    fTotal of lines 3a through e........ 13,295,353
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 1,037,219
    a Applied to 2017, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2018 distributable amount..... 49,861
    e Remaining amount distributed out of corpus 987,358
    5 Excess distributions carryover applied to 2018.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 14,282,711
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		525,958
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		13,756,753
    10 Analysis of line 9:
    a Excess from 2014.... 8,658,651
    b Excess from 2015.... 1,869,216
    c Excess from 2016.... 1,327,841
    d Excess from 2017.... 913,687
    e Excess from 2018.... 987,358
    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.
    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:
    ALAN C ASHTON CO DAVE HARKNESS
    199 NORTH 290 WEST SUITE 100
    LINDON,UT84042
    (801) 226-1266
    bThe form in which applications should be submitted and information and materials they should include:
    WRITTEN REQUEST INCLUDING EXPLANATION OF NEED
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    5 FOR THE FIGHT
    5 FOR THE FIGHT
    333 W RIVER PARK DRIVE
    PROVO,UT84604     		NOT APPLICABLE PUBLIC UNRESTRICTED 1,000
    ALPINE SCHOOL DISTRICT
    ALPINE SCHOOL DISTRICT
    575 NORTH 100 EAST
    575 NORTH 100 EAST
    AMERICAN FORK,UT84003     		NOT APPLICABLE PUBLIC UNRESTRICTED 900
    AMERICAN HERITAGE SCHOOL
    AMERICAN HERITAGE SCHOOL
    736 NORTH 1100 EAST
    AMERICAN FORK,UT84003     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    ANTI-BULLYING COALTION
    ANTI-BULLYING COALTION
    9350 SOUTH 150 EAST
    STE 1000
    SANDY,UT84070     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    ASSISTANCE LEAGUE OF SLC
    ASSISTANCE LEAGUE OF SALT LAKE CITY
    PO BOX 9353
    PO BOX 9353
    SALT LAKE CITY,UT84109     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    BIG OCEAN WOMEN
    BIG OCEAN WOMEN
    972 E CROSSWINDS DRIVE
    972 E CROSSWINDS DRIVE
    SPANISH FORK,UT84660     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    BRIGHAM YOUNG UNIVERSITY
    BRIGHAM YOUNG UNIVERSITY
    PO BOX 410455
    PO BOX 410455
    PROVO,UT84602     		NOT APPLICABLE PUBLIC UNRESTRICTED 122,000
    BYU MANAGEMENT SOCIETY UTAH VALLEY
    BYU MANAGEMENT SOCIETY UTAH VALLEY
    PO BOX 410455
    PROVO,UT84602     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    CAMBODIA JOB FOUNDATION
    CAMBODIA JOB FOUNDATION
    355 SOUTH APLINE DRIVE
    355 SOUTH ALPINE DRIVE
    ALPINE,UT84004     		NOT APPLICABLE PUBLIC UNRESTRICTED 10,000
    CENTER FOR WOMEN & CHILDREN CRISIS
    CENTER FOR WOMEN & CHILDREN IN CRISIS
    1433 EAST 840 NORTH
    1433 EAST 840 NORTH
    OREM,UT84097     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    COMMUNITY ACTION SERVICES OF UTAH
    COMMUNITY ACTION SERVICES OF UTAH
    815 S FREEDOM BLVD 100
    PROVO,UT84601     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    COMMUNITY HEALTH CONNECT
    COMMUNITY HEALTH CONNECT
    591 SOUTH STATE STREET
    PROVO,UT84606     		NOT APPLICABLE PUBLIC UNRESTRICTED 1,500
    COMMUNITY NURSING SERVICES
    COMMUNITY NURSING SERVICES
    2830 S REDWOOD ROAD A
    WEST VALLEY CITY,UT84119     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    CROSSROADS URBAN CENTER
    CROSSROADS URBAN CENTER
    347 SOUTH 400 EAST
    347 SOUTH 400 EAST
    SALT LAKE CITY,UT84111     		NOT APPLICABLE PUBLIC UNRESTRICTED 8,000
    EYE CARE FOR KIDS FOUNDATION
    EYE CARE FOR KIDS FOUNDATION
    6911 S STATE STREET
    MIDVALE,UT84047     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    FAMILY HISTORY GUIDE
    FAMILY HISTORY GUIDE
    1999 WEST 13930 SOUTH
    BLUFFDALE,UT84065     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    FAMILY SUPPORT CENTER
    FAMILY SUPPORT CENTER
    1760 WEST 4805 SOUTH
    TAYLORSVILLE,UT84129     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    FAMILY WATCH INTERNATIONAL
    FAMILY WATCH INTERNATIONAL
    PO BOX 1432
    GLBERT,AZ85299     		NOT APPLICABLE PUBLIC UNRESTRICTED 10,000
    FREE WHEELCHAIR MISSION
    FREE WHEELCHAIR MISSION
    15279 ALTON PARKWAY 300
    15279 ALTON PARKWAY 300
    IRVINE,CA92618     		NOT APPLICABLE PUBLIC UNRESTRICTED 7,000
    FRIENDS FOR SIGHT
    FRIENDS FOR SIGHT
    661 SOUTH 200 EAST
    661 SOUTH 200 EAST
    SALT LAKE CITY,UT84111     		NOT APPLICABLE PUBLIC UNRESTRICTED 4,000
    FRIENDS OF WASATCH MENTAL HEALTH
    FRIENDS OF WASATCH MENTAL HEALTH
    750 N FREEDOM BLVD
    PROVO,UT84606     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    GO JANE GO
    GO JANE GO
    1633 WILLOW LANE
    PROVO,UT84604     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    HALE CENTER THEATRE
    HALE CENTER THEATRE
    9900 S MONROE STREET
    SANDY,UT84070     		NOT APPLICABLE PUBLIC UNRESTRICTED 2,000
    HEARTS KNIT TOGETHER
    HEARTS KNIT TOGETHER
    4124 LIBERTY CREEK DRIVE
    SOUTH JORDAN,UT84009     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    HUNTSMAN CANCER FOUNDATION
    HUNTSMAN CANCER FOUNDATION
    500 HUNTSMAN WAY
    SALT LAKE CITY,UT84108     		NOT APPLICABLE PUBLIC UNRESTRICTED 25,000
    IHC HEALTH SERVICES INC
    INTERMOUNTAIN FOUNDATION
    36 SOUTH STATE STREET
    SALT LAKE CITY,UT84111     		NOT APPLICABLE PUBLIC UNRESTRICTED 10,424
    INN BETWEEN
    INN BETWEEN
    1216 EAST 1300 SOUTH
    SALT LAKE CITY,UT84105     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    IVUMED
    IVUMED
    3269 S MAIN ST STE 230
    3269 S MAIN ST STE 230
    SALT LAKE CITY,UT84115     		NOT APPLICABLE PUBLIC UNRESTRICTED 7,500
    JUNIOR LEAGUE OF SALT LAKE CITY
    JUNIOR LEAGUE OF SALT LAKE CITY
    526 EAST 300 SOUTH
    SALT LAKE CITY,UT84102     		NOT APPLICABLE PUBLIC UNRESTRICTED 2,000
    KUED
    U OF U DEVELOPMENT OFFICE
    332 SOUTH 1400 EAST
    STE 150
    SALT LAKE CTY,UT84112     		NOT APPLICABLE PUBLIC UNRESTRICTED 1,000
    LANTERN HOUSE
    LANTERN HOUSE
    269 WEST 33RD STREET
    OGDEN,UT84401     		NOT APPLICABLE PUBLIC UNRESTRICTED 2,000
    LEGAL AID SOCIETY OF SALT LAKE
    LEGAL AID SOCIETY OF SALT LAKE
    205 N 400 W
    205 N 400 W
    SALT LAKE CITY,UT84103     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    MENTORS INTERNATIONAL
    MENTORS INTERNATIONAL
    65 WADSWORTH PARK DR 207
    DRAPER,UT84020     		NOT APPLICABLE PUBLIC UNRESTRICTED 7,000
    MORALITY IN MEDIA
    MORALITY IN MEDIA
    440 1ST STREET NW 840
    WASHINGTON,DC20001     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    MORE GOOD FOUNDATION
    MORE GOOD FOUNDATION
    1569 N TECHNOLOGY WAY BLD
    1569 N TECHNOLOGY WAY BLD
    OREM,UT84097     		NOT APPLICABLE PUBLIC UNRESTRICTED 240,000
    MOUNTAINLANDS COMMUNITIY HEALTH
    MOUNTAINLANDS COMMUNITY HEALTH CENTER
    589 SOUTH STATE STREET
    589 SOUTH STATE STREET
    PROVO,UT84606     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    MY STORY MATTERS
    MY STORY MATTERS
    210 WEST 200 NORTH 102
    PROVO,UT84604     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    ONE HEART WORLD-WIDE
    ONE HEART WORLD-WIDE
    1818 PACHECO ST
    SAN FRANCISCO,CA94116     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    RONALD MCDONALD HOUSE
    RONALD MCDONALD HOUSE
    935 EAST SOUTH TEMPLE
    SALT LAKE CITY,UT84102     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    PREVENT CHILD ABUSE UTAH
    PREVENT CHILD ABUSE UTAH
    121 SOUTH STATE STREET
    SALT LAKE CITY,UT84084     		NOT APPLICABLE PUBLIC UNRESTRICTED 7,000
    SALT LAKE DONATED DENTAL SERVICES
    SALT LAKE DONATED DENTAL SERVICES
    1383 S 900 W STE 128
    1383 S 900 W STE 128
    SALT LAKE CITY,UT84104     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    THE HAVEN
    THE HAVEN
    974 EAST SOUTH TEMPLE
    SALT LAKE CITY,UT84102     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    THE INTERPRETER FOUNDATION
    THE INTERPRETER FOUNDATION
    PO BOX 970542
    OREM,UT84097     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    THE ROAD HOME
    THE ROAD HOME
    210 SOUTH RIO GRANDE ST
    210 SOUTH RIO GRANDE ST
    SALT LAKE CITY,UT84101     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    THE SANDY CLUB
    THE SANDY CLUB
    450 EAST 8680 SOUTH
    SANDY,UT84070     		NOT APPLICABLE PUBLIC UNRESTRICTED 1,500
    THIS IS THE PLACE HERITAGE FOUNDATI
    THIS IS THE PLACE HERITAGE FOUNDATION
    2601 EAST SUNNYSIDE AVE
    SALT LAKE CITY,UT84108     		NOT APPLICABLE PUBLIC UNRESTRICTED 75,000
    TIMPANOGOS STORYTELLING FESTIVAL
    TIMPANOGOS STORYTELLING FESTIVAL
    199 NORTH 290 WEST 100
    LINDON,UT84042     		NOT APPLICABLE PUBLIC UNRESTRICTED 25,000
    UTAH FOOD BANK
    UTAH FOOD BANK
    3150 SOUTH 900 WEST
    3150 SOUTH 900 WEST
    SALT LAKE CITY,UT84119     		NOT APPLICABLE PUBLIC UNRESTRICTED 7,000
    UTAH FOSTER CARE FOUNDATIONG
    UTAH FOSTER CARE FOUNDATION
    5296 S COMMERCE DR 400
    MURRAY,UT84107     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    UTAH VALLEY HEALTHCARE FOUNDATION
    UTAH VALLEY HEALTHCARE FOUNDATION
    1034 N 500 W 304
    1034 N 500 W 304
    PROVO,UT84604     		NOT APPLICABLE PUBLIC UNRESTRICTED 100,000
    UTAH VALLEY UNIVERSITY
    UTAH VALLEY UNIVERSITY
    800 W UNIVERSITY PKWY
    800 W UNIVERSITY PKWY
    OREM,UT84058     		NOT APPLICABLE PUBLIC UNRESTRICTED 117,000
    UTAH YOUTH VILLAGE
    UTAH YOUTH VILLAGE
    5800 S HIGHLAND DRIVE
    SALT LAKE CITY,UT84121     		NOT APPLICABLE PUBLIC UNRESTRICTED 10,000
    VOLUNTEERS OF AMERICA
    VOLUNTEERS OF AMERICA
    435 W BEARCAT DRIVE
    SALT LAKE CITY,UT84115     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    WASATCH FORENSIC NURSES
    WASATCH FORENSIC NURSES
    1565 E 3300 S
    SALT LAKE CITY,UT84106     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    WHOLE HEALTH CHARITIES
    WHOLE HEALTH CHARITIES
    8822 S REDWOOD ROAD
    STE C-111
    WEST JORDAN,UT84088     		NOT APPLICABLE PUBLIC UNRESTRICTED 7,000
    WOMEN OF THE WORLD
    WOMEN OF THE WORLD
    3347 S MAIN STREET
    SALT LAKE CITY,UT84115     		NOT APPLICABLE PUBLIC UNRESTRICTED 2,000
    WOMEN WHO CARE MINISTRIES
    WOMEN WHO CARE MINISTRIES
    19642 CLUB HOUSE RD 620
    MONTGOMERY VILLAGE,MD20886     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,000
    YOUTHLINC
    YOUTHLINC
    1140 E BRICKYARD RD 76
    SALT LAKE CITY,UT84408     		NOT APPLICABLE PUBLIC UNRESTRICTED 5,000
    ZAMBIA'S SCHOLARSHIP FUND
    ZAMBIA'S SCHOLARSHIP FUND
    6035 NORTH 4500 WEST
    BEAR RIVER CITY,UT84301     		NOT APPLICABLE PUBLIC UNRESTRICTED 3,500
    Total .................................bullet 3a 940,324
    bApproved for future payment
    Total .................................bullet 3b  
    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 2,012  
    4 Dividends and interest from securities....     14 60,849  
    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 ............     		    14 6,499  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPROCEEDS FROM CLASS ACTION     		    14 502  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   69,862  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    69,862
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

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

    87-0480108
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    THE ASHTON FAMILY FOUNDATION
          		Employer identification number
    87-0480108
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    ALAN KAREN ASHTON  
    199 NORTH 290 WEST STE 100
     
    LINDON, UT84042

    		$ 2,000,000


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

    		$  


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

    		$  


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

    		$  


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

    		$  


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

    		$  


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

    87-0480108
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    THE ASHTON FAMILY FOUNDATION
          		Employer identification number

    87-0480108
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    THE ASHTON FAMILY FOUNDATION
    EIN:
    87-0480108
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 5,488 5,488    

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE ASHTON FAMILY FOUNDATION
    EIN:
    87-0480108
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AIR PRODUCTS & CHEM 15,871 15,045
    AMGEN INC COM 10,399 11,680
    AMERICAN ELECTRIC POWER 10,937 11,884
    APPLE, INC 11,908 10,726
    ASTRAZENECA PLC 13,922 14,774
    AT&T INC 20,902 16,696
    BB&T CORPORATION 13,447 10,570
    BOEING COMPANY 11,356 10,965
    CARNIVAL CORP PAIRED 13,104 10,057
    CHEVRON CORP 5,966 5,548
    CHUBB LTD 11,868 12,014
    CISCO SYSTEMS INC 24,566 26,258
    CME GROUP INC 20,500 24,832
    COCA-COLA COMPANY 17,974 17,851
    CROWN CASTLE REIT INC 14,534 14,882
    DIGITAL RLTY TR 16,584 17,261
    DUKE ENERGY CORP 9,727 10,270
    DOMINION RES INC    
    EMERSON ELEC CO 15,917 13,444
    EXELON CORPORATION 10,732 12,042
    EXXON MOBIL CORP 18,397 15,616
    FRANCO NEV CORP    
    GENERAL ELECTRIC XO    
    HELMERICH PAYNE INC    
    INTEL CORP.    
    INTL BUSINESS    
    JOHNSON & JOHNSON COM 17,226 16,002
    JPMORGAN CHASE & CO 31,576 26,846
    KIMBERLY CLARK    
    LOCKHEED MARTIN 20,806 16,234
    MCDONALD'S CORP 14,821 14,916
    MERICK AND CO INC SHS 18,268 21,013
    METLIFE INC    
    OCCIDENTAL PETE CORP    
    PACCAR INC    
    PEPSICO INC 20,000 20,328
    PFIZER INC 15,543 17,635
    PPL CORP    
    ROYAL DUTCH 28,465 23,317
    SIMON PROPERTY GROUP 16,778 16,799
    SYSCO CORPORATION 14,975 14,537
    THE KRAFT HEINZ CO    
    TARGET DOMINION BANK 8,170 6,543
    TORONTO DOMINION BANK 26,800 22,225
    S.A. SP ADR    
    UNITED TECHS CORP 13,617 10,648
    VENTAS INC    
    VERIZON COMMUNICATIONS INC 13,989 14,898
    VODAFONE GROUP PLC SHS    
    WAL MART STORES INC 13,186 11,644
    WELLS FARGO 16,859 13,225
    WELLTOWER INC    
    ALPS ALERIAN MLP 59,107 48,198
    AB HIGH INCOME FUND    
    COLUMBIA EMERGING MKTS    
    DELAWARE EMERGING 13,320 13,111
    DELAWARE SMALL CAP 30,720 23,964
    DIAMOND HILL CORPORATE 28,294 27,218
    DOUBLELINE TOTAL 28,322 27,953
    DWS ENHANCED COMMODITY 15,757 13,373
    GUGGENHEIM TOTAL RETURN 20,918 20,870
    FLAHERTY & CRUMRINE    
    HARTFOD WORLD BOND FUND 14,076 14,001
    HEALTH CARE SELECT SPDR 25,725 25,088
    ISHARES 20+ YEARS 29,336 29,041
    ISHARE TIPS BOND ETF 28,510 27,597
    ISHARES MSCI EUROPE 36,448 25,001
    ISHARES CURR HEDGE 30,646 25,447
    JOHCM INTERNATIONAL 31,180 26,304
    JOHN HANCOCK DISCIPLINED VALUE 25,120 18,452
    KAYNE ANDERSON    
    LORD ABBETT HIGH YIELD FD 30,106 26,786
    MATTHEWS JAPAN FUND 34,353 24,757
    MFS EMERGING MARKETS DEBT FD 30,768 27,893
    NUVEEN SMALL CAP 32,321 23,896
    OAKMARK INTL FUND 36,853 25,895
    OPPENHEIMER DEVELOPING MARKETS FD 41,071 33,414
    OPPENHEIMER INTL SMALL COMPANY FD 65,964 50,790
    PGIM TOTAL RETURN 13,971 13,983
    SPDR GOLD TRUST 22,636 21,461
    T ROWE PRICE 36,484 25,836
    TEMPLETON GLBL BOND FD    
    THE OAKMARK INTL FUND    
    VANECK VECTORS 25,316 22,545
    VANGAURD SMALL CAP 14,190 12,143
    VANGUARD MID CAP 14,471 12,298
    XTRACKERS MSCI 30,258 24,067

    TY 2018 InvestmentsOtherSchedule2
    Name:
    THE ASHTON FAMILY FOUNDATION
    EIN:
    87-0480108
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    DIVIDEND RECIEVABLE AT COST 138 138
    DIVIDEND REINVESTED AT COST 800 800

    TY 2018 OtherExpensesSchedule
    Name:
    THE ASHTON FAMILY FOUNDATION
    EIN:
    87-0480108
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    BANK CHARGES 49 49    
    INVESTMENT EXPENSES 112 112    


    TY 2018 OtherIncomeSchedule2
    Name:
    THE ASHTON FAMILY FOUNDATION
    EIN:
    87-0480108
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PROCEEDS FROM CLASS ACTION 502 502  


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE ASHTON FAMILY FOUNDATION
    EIN:
    87-0480108
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEES 17,915 17,915    


    TY 2018 TaxesSchedule
    Name:
    THE ASHTON FAMILY FOUNDATION
    EIN:
    87-0480108
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 1,258 1,258    
    INVESTMENT EXCISE TAXES 1,500