Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2010
For calendar year 2010, or tax year beginning 01-01-2010 , and ending 12-31-2010
G
Check all that apply:
Name of foundation
HENRY J KAISER FAMILY FOUNDATION
 
% David Orcutt
Number and street (or P.O. box number if mail is not delivered to street address)2400 SAND HILL ROAD   Room/suite
City or town, state, and ZIP code
MENLO PARK, CA940256941
A Employer identification number

94-6064808
B Telephone number (see page 10 of the instructions)

(650) 854-9400
C bullet
D 1. bullet
H Check type of organization:
2. bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$576,659,804J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
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 page 11 of the 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) 2,064,326
2 Check bullet
3 Interest on savings and temporary cash investments 25,327 5,879 5,879
4 Dividends and interest from securities...... 4,810,709 4,810,709 4,810,709
5a Gross rents.............. 12,549,274 12,241,196 12,241,196
b Net rental income or (loss) 9,441,161
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 6,391,000
b Gross sales price for all assets on line 6a 48,263,320
7 Capital gain net income (from Part IV, line 2)... 12,095,837
8 Net short-term capital gain......... 2,819,530
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 5,585,599 16,345 -198,337
12 Total. Add lines 1 through 11........ 31,426,235 29,169,966 19,678,977
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 1,401,619 345,899 345,899 1,055,721
14 Other employee salaries and wages...... 12,808,234 146,005 146,005 12,662,229
15 Pension plans, employee benefits....... 8,584,243 107,780 107,780 6,695,305
16a Legal fees (attach schedule)......... Click to see attachment 364,611 47,753 47,753 147,591
b Accounting fees (attach schedule)....... Click to see attachment 122,700     122,700
c Other professional fees (attach schedule).... Click to see attachment 13,858,410 4,512,591 4,512,591 9,333,153
17 Interest............... 3,686,787 638,512 638,512 1,541,654
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 1,760,940 697,568 697,568 178,506
19 Depreciation (attach schedule) and depletion... Click to see attachment 3,468,131 2,213,883 2,213,883
20 Occupancy.............. 1,301,591 10,978 10,978 651,769
21 Travel, conferences, and meetings....... 1,703,269 54,896 56,461 1,638,429
22 Printing and publications.......... 2,051,924     1,959,747
23 Other expenses (attach schedule)....... Click to see list of attachments 5,927,175 2,396,571 2,396,571 3,832,908
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 57,039,634 11,172,436 11,174,001 39,819,712
25 Contributions, gifts, grants paid........ 573,389 599,826
26 Total expenses and disbursements. Add lines 24 and 25 57,613,023 11,172,436 11,174,001 40,419,538
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -26,186,788
b Net investment income (if negative, enter -0-) 17,997,530
c Adjusted net income (if negative, enter -0-)... 8,504,976
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2010)
Form 990-PF (2010)
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.......... 22,340,018 8,995,382 8,989,502
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable................. 9,691,575 9,051,494 9,051,494
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
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........... 325,470 249,146 249,146
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 58,209,756 Click to see attachment49,118,704 64,766,606
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet76,680,065
Less: accumulated depreciation (attach schedule) bullet38,129,709 40,347,655 Click to see attachment38,550,356 186,307,000
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 204,281,278 Click to see attachment206,218,311 267,465,482
14 Land, buildings, and equipment: basis bullet56,970,603
Less: accumulated depreciation (attach schedule) bullet19,082,667 38,881,943 Click to see attachment37,887,935 37,887,935
15 Other assets (describe bullet) Click to see attachment1,633,640 Click to see attachment1,942,639 Click to see attachment1,942,639
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 375,711,336 352,013,967 576,659,804
Liabilities 17 Accounts payable and accrued expenses.......... 20,784,165 26,181,900
18 Grants payable................... 59,968 33,531
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 30,000,000 Click to see attachment30,000,000
22 Other liabilities (describe bullet) Click to see attachment42,057,400 Click to see attachment42,059,400
23 Total liabilities (add lines 17 through 22).......... 92,901,533 98,274,831
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 270,035,744 243,287,712
25 Temporarily restricted................ 12,774,059 10,451,424
26 Permanently restricted................    
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 page 17 of the
instructions).................... 282,809,803 253,739,136
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 375,711,336 352,013,967
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)............... 1 282,809,803
2 Enter amount from Part I, line 27a...................... 2 -26,186,788
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 -2,883,879
4 Add lines 1, 2, and 3.......................... 4 253,739,136
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.. 6 253,739,136
Form 990-PF (2010)
Form 990-PF (2010)
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 Publically Traded Stocks P    
b Adage Capital Partners      
c Adamas Partners      
d Alloy 2000      
e Asset Management 1996      
Asset Management 1998      
Atrium      
Brahman II      
Charter Oak      
Davidson Kempner      
Draper Fisher Jurvetson VII      
Doll Technology II      
Doll Technology III      
Foundation Capital Leadership      
Foundation I      
Foundation II      
Francisco Partners      
Friedman, Fleisher Lowe      
Heartwood Forestland III      
McCown Deleeuw IV      
One Liberty      
Onset II      
Onset III      
Onset IV      
Trident IV      
Trident V      
Voyager I      
Voyager II      
Foundation IV      
Heartwood Forestland IV      
Alloy 2002      
Alloy Annex 1      
Friedman, Fleisher Lowe II      
Flagship Ventures 2004      
Doll Technology IV      
Silchester      
Trident VI      
Onset V      
Twin Haven II      
Alloy 2005      
JMH Capital      
Energy Capital      
Foundation V      
Francisco Partners II      
Carlyle Riverstone      
Doll Technology V      
Clearwater      
Flagship Ventures 2007      
Foundation VI      
Blue Run IV      
Twin Haven III      
57 Stars      
(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 48,263,320   41,872,320 6,391,000
b       -12,170
c       1,119,000
d       -272,610
e       59,495
       
       
      9,575
      1,489,493
      513,112
      -118,681
      -25,134
      304,706
      8,337
      32,762
       
      120,553
      174
      79,773
      850
      -16,467
      2,587
      -194,329
      -156,925
      -35,409
      -15,125
      -1,864
      15,125
      -147,518
      101,529
      -460,469
      -124,895
      915,353
      -50,372
      136,331
      309,746
      -55,046
      -169,626
      263,970
      -9
      24,892
      420,774
      62,375
      242,561
      1,437
      -25,708
      658,744
      -7,203
      3,659
      107,374
      576,709
      13,401
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       6,391,000
b       -12,170
c       1,119,000
d       -272,610
e       59,495
       
       
      9,575
      1,489,493
      513,112
      -118,681
      -25,134
      304,706
      8,337
      32,762
       
      120,553
      174
      79,773
      850
      -16,467
      2,587
      -194,329
      -156,925
      -35,409
      -15,125
      -1,864
      15,125
      -147,518
      101,529
      -460,469
      -124,895
      915,353
      -50,372
      136,331
      309,746
      -55,046
      -169,626
      263,970
      -9
      24,892
      420,774
      62,375
      242,561
      1,437
      -25,708
      658,744
      -7,203
      3,659
      107,374
      576,709
      13,401
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 12,095,837
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 pages 13 and 17 of the instructions).
If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . 		Bracket 3 2,819,530
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 page 18 of the 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))
2009 37,661,810 504,982,924 000.074580
2008 37,951,324 565,836,619 000.067071
2007 41,155,388 588,791,339 000.069898
2006 44,031,979 515,938,427 000.085343
2005 40,070,484 480,686,520 000.083361
2 Total of line 1, column (d) ...................... 2 000.380253
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 000.076051
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 506,351,609
5 Multiply line 4 by line 3....................... 5 38,508,546
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 179,975
7 Add lines 5 and 6......................... 7 38,688,521
8 Enter qualifying distributions from Part XII, line 4.............. 8 40,710,960
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 on page 18.
Form 990-PF (2010)
Form 990-PF (2010)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 179,975
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............................ 3 179,975
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- ..... 5 179,975
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 338,406
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.............. Tax Paid Original Return: 338406 7 338,406
8 Enter any penalty for underpayment of estimated tax. 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 10 158,431
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet158,431 Refunded Bullet 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 page 19 of
the 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
Yes
 
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)bulletCA
    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 2010 or the taxable year beginning in 2010 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV...........................
    9
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    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 page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullethttp//www.kff.org
    14
    The books are in care ofbulletDavid Orcutt Chief Financial Officer Telephone no.bullet (650) 854-9400
    Located atbullet2400 Sand Hill RoadMenlo ParkCA ZIP+4bullet940256941
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2010, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 5
    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 page 20 of the 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 2010?.............
    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 2010, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2010?...............
    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 page 20 of the 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 2010 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 2010.)....................
    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 2010?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (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 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the 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 page 22 of the 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
     
     
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 6
    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 page 22 of the 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
    Donna Shalala Trustee
    004.00     		0    
    2400 Sand Hill Road
    Menlo Park,CA94025
    Jennifer Drobac Trustee
    004.00     		22,000    
    2400 Sand Hill Road
    Menlo Park,CA94025
    Cokie Roberts Trustee
    004.00     		0    
    2400 Sand Hill Road
    Menlo Park,CA94025
    Richard Schlosberg Trustee
    005.00     		34,500   1,478
    2400 Sand Hill Road
    Menlo Park,CA94025
    Kathryn Wehle Trustee
    004.00     		29,500   223
    2400 Sand Hill Road
    Menlo Park,CA94025
    Charlie Gibson Trustee
    004.00     		0    
    2400 Sand Hill Road
    Menlo Park,CA94025
    Richard West Trustee
    004.00     		22,000    
    2400 Sand Hill Road
    Menlo Park,CA94025
    Susan Berresford Trustee
    004.00     		29,500    
    2400 Sand Hill Road
    Menlo Park,CA94025
    Diane Chapman Walsh Trustee
    004.00     		22,000    
    2400 Sand Hill Road
    Menlo Park,CA94025
    David Satcher Trustee
    004.00     		22,000    
    2400 Sand Hill Road
    Menlo Park,CA94025
    Bill Frist Trustee
    004.00     		19,000    
    2400 Sand Hill Road
    Menlo Park,CA94025
    Gerald Rosberg Trustee
    004.00     		29,500    
    2400 Sand Hill Road
    Menlo Park,CA94025
    Drew Altman - see notes President CEO
    038.00     		614,591 112,992 11,168
    2400 Sand Hill Road
    Menlo Park,CA94025
    Bruce Madding - see notes SVP/CIO/CFO
    038.00     		559,900 75,940 3,934
    2400 Sand Hill Road
    Menlo Park,CA94025
    David Orcutt CFO
    038.00     		182,934 62,724 50
    2400 Sand Hill Road
    Menlo Park,CA94025
    Koonal Ghandi CIO
    038.00     		114,070 28,655 375
    2400 Sand Hill Road
    Menlo Park,CA94025
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the 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
    David Matt James - See notes Senior VP
    037.50     		512,712 85,131 1,150
    2400 Sand Hill Road
    Menlo Park,CA94025
    Diane Rowland - See notes Executive VP
    037.50     		395,491 86,919 2,911
    2400 Sand Hill Road
    Menlo Park,CA94025
    Michael Sinclair - See notes Senior VP
    037.50     		298,652 71,708 11,750
    2400 Sand Hill Road
    Menlo Park,CA94025
    Jackie Judd VP & Sr. Advisor
    037.50     		260,804 81,403  
    2400 Sand Hill Road
    Menlo Park,CA94025
    Victoria Rideout VP & Prgm Director
    037.50     		322,374 18,066  
    2400 Sand Hill Road
    Menlo Park,CA94025
    Total number of other employees paid over $50,000...................bullet 100
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    Caribbean Broadcast Media Partnership on HIVAIDS Program Activity 945,860
    Caribbean Broadcast Media Partnersh
    Palm Beach Hastings Ch,FCnone
    BB
    Urban Institute Program Activity 769,041
    Urban Institute
    Washington,DC20042
    SF
    Georgetown University Program Activity 615,000
    2121 Wisconsin Ave NW 4th Floor
    Washington,DC20007
    Princeton Survey Rsch Associates Program Activity 593,230
    600 Alexander road Suite 2-2
    Princeton,NJ08540
    Broadcast HIV Africa Company Program Activity 548,892
    Broadcast HIV Africa Company
    Linden Johannesburg,FCnone
    SF
    Total number of others receiving over $50,000 for professional services.............bullet49
    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 MEDICAID / KAISER COMMISSION ON MEDICAID AND THE UNINSURED 2,245,646
    2 THE MEDICARE POLICY PROGRAM 789,724
    3 HEALTH COMMUNICATION & MEDIA PARTNERSHIPS 3,562,724
    4 PUBLIC OPINION & SURVEY RESEARCH 986,238
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the 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 page 24 of the instructions.
    3  
    Total. Add lines 1 through 3...........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the 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
    323,021,551
    b
    Average of monthly cash balances.......................
    1b
    4,733,996
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    186,307,000
    d
    Total (add lines 1a, b, and c).........................
    1d
    514,062,547
    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
    514,062,547
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) Click to see attachment............................
    4
    7,710,938
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    506,351,609
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    25,317,580
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
     
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4.............................
    5
     
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1.................................
    7
    0
    Part XII
    Qualifying Distributions (see page 25 of the 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 Click to see attachment..........
    1a
    40,419,538
    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
    291,422
    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
    40,710,960
    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 page 26 of the instructions)............
    5
    179,975
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    40,530,985
    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 (2010)
    Form 990-PF (2010)
    Page 8
    Part XIII
    Undistributed Income (see page 26 of the instructions)
    (a)
    Corpus     		(b)
    Years prior to 2009     		(c)
    2009     		(d)
    2010
    1 Distributable amount for 2010 from Part XI, line 7  
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2010:
    a From 2005.......  
    b From 2006.......  
    c From 2007.......  
    d From 2008.......  
    e From 2009.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$  
    a Applied to 2009, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		  
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		 
    d Applied to 2010 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2010.    
    (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  
    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 page 27 of the instructions ...     		 
    e Undistributed income for 2009. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		 
    f Undistributed income for 2010. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		 
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		 
    8Excess distributions carryover from 2005 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		 
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2006....  
    b Excess from 2007....  
    c Excess from 2008....  
    d Excess from 2009....  
    e Excess from 2010....  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the 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 2010, 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) 2010 (b) 2009 (c) 2008 (d) 2007
    8,504,976 7,860,069 7,578,323 14,569,893 38,513,261
    b 85% of line 2a ......... 7,229,230 6,681,059 6,441,575 12,384,409 32,736,273
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		40,710,960 37,661,810 37,951,324 41,155,388 157,479,482
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		599,826 595,234 853,032 1,121,167 3,169,259
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		40,111,134 37,066,576 37,098,292 40,034,221 154,310,223
    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...     		16,878,387 16,832,764 18,861,221 19,626,378 72,198,750
    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 organization had $5,000 or more in
    assets at any time during the year—see page 27 of the 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 of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 10
    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
    American Academy of Arts Sciences
    136 Irving St
    Cambridge,MA02138     		  501(c)(3) Support of the Annual Fund 750
    American Council on Education
    Office of Women in Higher Ed One Du
    Washington,DC20036     		  501(c)(3) Support of Womens Leadership Legacy Fund 1,000
    American Philosophical Society
    104 South Fifth St
    Philadelphia,PA19106     		  501(c)(3) General support 1,000
    Bacone College
    2299 Old Bacone Road
    Muskogee,OK74403     		  501(c)(3) General operations 2,500
    Brown University
    Box 1877
    Providence,RI02912     		  501(c)(3) Emergency needs for Undergraduate Students 5,000
    Center for the Advancement of Women
    25 West 43rd St Suite 1120
    New York,NY10036     		  501(c)(3) General Support 2,000
    Charles Drew University of Medicine
    1731 E 120th St
    Los Angeles,CA90057     		  501(c)(3) Support of the Dr. M Alfred Haynes Endowment for Excellence in Comm Health Ldrship 25,000
    Cheyenne Arapaho Tribes of Oklaho
    100 Red Moon Circle
    Concho,OK73022     		  Government organizat Support of the W. Richard West Sr Artist Fellowship 5,000
    Children's Inn at NIH
    7 West Dr
    Bethesda,MD20814     		  501(c)(3) Housing/Other support to families of critically ill pediatric outpatients at the NIH 10,000
    Children's Radio Foundation
    169 Stone Hill Road
    Bedford,NY10506     		  501(c)(3) General support of So African radio programming for youth 15,000
    College Preparatory School
    6100 Broadway
    Oakland,CA94618     		  501(c)(3) Support of the Robert Baldwin Jr. Fund 25,000
    Committee for Economic Development
    2000 L St NW Suite 700
    Washington,DC20036     		  501(c)(3) General support 500
    Council on Foreign Relations
    58 East 68th St
    New York,NY10065     		  501(c)(3) General support 1,000
    Early Childhood Family Learning F
    1515 Poydras St Suite 1200
    New Orleans,LA70112     		  501(c)(3) General support of the Mahalia Jackson Center 2,000
    Feminist Press at City University o
    365 Fifth Ave Suite 5406
    New York,NY10016     		  501(c)(3) General support 1,000
    Foundation for the National Archive
    700 Pennsylvania Ave NW Rm G12
    Washington,DC20408     		  501(c)(3) Promote American history education to children around the world 10,000
    Good Shepherd Ctr for Homeless Wome
    1671 Beverly Blvd
    Los Angeles,CA90026     		  501(c)(3) Provide shelter job training for women children in Los Angeles, CA 10,000
    Hope Through Healing Hands Inc
    2033 Richard Jones Road
    Nashville,TN37215     		  501(c)(3) Support of the Global Health Leaders Program 35,000
    Hospice of the Good Shepherd
    2042 Beacon St
    Newton,MA02468     		  501(c)(3) Support of the Circle of Care Program 2,500
    House of Ruth
    5 Thomas Circle NW
    Washington,DC20005     		  501(c)(3) Provide shelter to abused women throughout Washington, DC 5,000
    Humane Society of Greater Miami Ado
    16101 West Dixie Highway
    North Miami Beach,FL33160     		  501(c)(3) General support 5,500
    Hunter College Foundation Inc
    City Univ of NY 695 Park Ave
    New York,NY10021     		  501(c)(3) Support of Friends of Julius C.C. Edelstein at Roosevelt House 5,000
    Institute of Medicine
    500 Fifth St NW AP 353
    Washington,DC20001     		  501(c)(3) General support 1,000
    International Medical Corps
    1919 Santa Monica Blvd Suite 400
    Santa Monica,CA90404     		  501(c)(3) General support 15,000
    Intl Coalition of Sites of Conscien
    91 Orchard St
    New York,NY10002     		  501(c)(3) General operations 2,500
    Johns Hopkins University
    615 N Wolfe St Room 1040
    Baltimore,MD21205     		  501(c)(3) Support of research work of Dr. Ballentine Carter at the Brady Urological Inst 20,000
    Jubilee Women's Center
    620 18th Ave East
    Seattle,WA98112     		  501(c)(3) General operations 3,000
    Massachusetts Institute of Technolo
    30 Wadsworth St Room E53-473
    Cambridge,MA02139     		  501(c)(3) Pressman Endowment 25,000
    Meharry Medical College
    1005 Dr D B Todd Jr Blvd
    Nashville,TN37208     		  501(c)(3) Support of the Dr. Henry W. Foster Presidential Portrait Project 250
    Morning Star Institute
    611 Pennsylvania Ave SE
    Washington,DC20003     		  501(c)(3) General operations 2,500
    Mount Liberty Baptist Church
    2224 South Drive
    Anniston,AL36201     		  church Support of the Anna Satcher Scholarship Fund 10,000
    National Center for Lesbian Rights
    870 Market St Suite 370
    San Francisco,CA94102     		  501(c)(3) General operations 5,000
    Orcas Island Community Foundation
    PO Box 1496
    Eastbound,WA98245     		  501(c)(3) Support of the LGBT Fund 5,000
    Planned Parenthood of So Florida
    2300 North Florida Mango Road
    W Palm Beach,FL33409     		  501(c)(3) General support 250
    Pride Foundation
    1122 E Pike St PMB 1001
    Seattle,WA98122     		  501(c)(3) Support of You Go Girl Scholarship Program general operations 22,500
    Ronald McDonald House
    520 Sand Hill Road
    Palo Alto,CA94304     		  501(c)(3) General support 500
    So Others Might Eat
    71 O St NW
    Washington,DC20001     		  501(c)(3) Support of Feeding Program in Washington, DC 2,000
    Stanford Law School
    559 Nathan Abbott Way Room 205
    Stanford,CA94305     		  501(c)(3) Support of the Stanford Law School in honor of Rick Mary Beth West 5,000
    Stanford Native American Alumni Ass
    6114 La Saile Ave Suite 718
    Oakland,CA94611     		  501(c)(3) Purchase of computer for the association 1,500
    Syracuse University
    200 Eggars Hall
    Syracuse,NY13244     		  501(c)(3) Support of the Robin Toner Endowed Fund 10,000
    Three Dollar Bill Cinema
    1122 E Pike St 1313
    Seattle,WA98122     		  501(c)(3) General operations 2,000
    US Air Force Academy Endowment Inc
    3116 Academy Dr
    USAF Academy,CO80840     		  501(c)(3) General operating support 10,000
    UC Hastings College of the Law
    200 McAllister St
    San Francisco,CA94102     		  501(c)(3) Core support for the UCSF/UC Hastings Consortium on Law, Science Health policy 10,000
    United Way of Miami-Dade
    3250 Southwest Third Ave
    Miami,FL33129     		  501(c)(3) General support 10,000
    University of the Incarnate Word
    4301 Broadway CPO 309
    San Antonio,TX78209     		  church General operating support for the School of Nursing 12,500
    University of the Wisconsin Foundat
    PO Box 8860
    Madison,WI53708     		  501(c)(3) Support of the Nursing Science Ctr Fund Institute for Research in the Humanities Fund 10,000
    Wellesley College
    106 Central St
    Wellesley,MA02481     		  501(c)(3) Courage Renewal for Leaders in Healthcare Program 25,000
    Western College Alumnae Association
    325 Patterson Ave
    Oxford,OH45056     		  501(c)(3) Support for Endowed Professorship Program 5,000
    Womanspace Inc
    1212 Stuyvesant Ave
    Trenton,NJ08618     		  501(c)(3) Provide housing, training, job placement to abused women 10,000
    National Conservation System Founda
    679 E 2nd Ave Suite 3
    Durango,CO81301     		  501(c)(3) General operations 2,500
    Matching Gifts
    various
    various,CA94025     		  501(c)(3) Matching gifts 115,911
    Charitable Contributions
    various
    various,CA94025     		  501(c)(3) Charitable Contributions 86,145
    cancelled grant
    various
    various,CA94025     		  501(c)(3) cancelled grant 20
    Total .................................bullet 3a 599,826
    bApproved for future payment
    Matching Gifts
    various
    various,CA94025     		  501(c)(3) Matching gifts 33,531
    Total ..................................bullet 3b 33,531
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 11
    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 page 28 of
    the 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....          
    3Interest on savings and temporary cash investments 900099 19,448 14 5,879  
    4 Dividends and interest from securities....     14 4,810,709  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 9,441,161  
    6Net rental income or (loss) from personal property          
    7 Other investment income..... 900003   18 5,585,599  
    8Gain or (loss) from sales of assets other than inventory 900003 30,369 18 6,360,631  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 49,817 26,203,979  
    13Total. Add line 12, columns (b), (d), and (e)...................
    1326,253,796
    (See worksheet in line 13 instructions on page 28 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 organization’s exempt purposes (other than by providing funds for such purposes). (See
    page 28 of the instructions.)
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 12
    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
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    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) of the Code (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
    SignHere
    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 or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2010)
    Additional Data


    Software ID: 10000149
    Software Version: 2010.2.15
    Part VI Line 7 - Tax Paid Original Return: 338406


    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.
    OMB No. 1545-0047
    2010
    Name of organization
    HENRY J KAISER FAMILY FOUNDATION
     
    Employer identification number

    94-6064808
    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 is not covered by the General Rule and/or the Special Rules does not 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 in the heading of its
    Form 990-EZ, or on line 2 of its Form 990-PF, to certify that it does not 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) (2010)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 1 of 2 of Part I
    Name of organization
    HENRY J KAISER FAMILY FOUNDATION
          		Employer identification number

    94-6064808
    Part I
    Contributors (see Instructions)
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    0001
     
     

    The Atlantic Philanthropies    
    75 Varick St 17th Floor
       
    New York, NY   10013

    		$750,000




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    0002
     
     

    Ford Foundation    
    320 East 43rd Street
       
    New York, NY   10017

    		$300,000




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    0003
     
     

    Elton John AIDS Foundation    
    584 Broadway Suite 906
       
    New York, NY   10012

    		$675,000




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    0004
     
     

    MAC Foundation    
    130 Prince Street 3rd Floor
       
    New York, NY   10012

    		$100,000




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    0005
     
     

    Academy for Educational Development    
    1825 Connecticut Avenue NW
       
    Washington, DC   20009

    		$99,701




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    0006
     
     

    UNAIDS    
    Merafe House 11 Naivasha Road
       
    Sunninghill, Johannesburg   2157   SF

    		$10,000




    (Complete Part II if there is
    a noncash contribution.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 2 of 2 of Part I
    Name of organization
    HENRY J KAISER FAMILY FOUNDATION
          		Employer identification number

    94-6064808
    Part I
    Contributors (see Instructions)
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    0007
     
     

    California Healthcare Foundation    
    1438 Webster Street Suite 400
       
    Oakland, CA   94612

    		$50,000




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    0008
     
     

    Sierra Health Foundation    
    1321 Garden Highway
       
    Sacramento, CA   95833

    		$25,000




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    0009
     
     

    The Miami Foundation    
    200 South Biscayne Blvd Suite 505
       
    Miami, FL   33131

    		$54,625




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is
    a noncash contribution.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 1 of 1 of Part II
    Name of organization
    HENRY J KAISER FAMILY FOUNDATION
          		Employer identification number

    94-6064808
    Part II
    Noncash Property (see Instructions)
    		     
    (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) (2010)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 1 of 1 of Part III
    Name of organization
    HENRY J KAISER FAMILY FOUNDATION
          		Employer identification number

    94-6064808
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    aggregating more than $1,000 for the year. (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 $ 2,064,326
    (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) (2010)

    Additional Data


    Software ID: 10000149
    Software Version: 2010.2.15

    TY 2010 AccountingFeesSchedule
    Name:
    HENRY J KAISER FAMILY FOUNDATION
    EIN: 94-6064808
    Software ID:10000149
    Software Version:2010.2.15
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Deloitte Touche LLP 122,700     122,700

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

    TY 2010 AmortizationSchedule
    Name:
    HENRY J KAISER FAMILY FOUNDATION
    EIN: 94-6064808
    Software ID:10000149
    Software Version:2010.2.15
    Description of Amortized Expenses Date Acquired, Completed, or Expended Amount Amortized Deduction for Prior Years Amortization Method Current Year Amortization Net Investment Income Adjusted Net Income Total Amount of Amortization
    Bond Financing 2006-06-30 740,637 157,386 0000000040.000000000000 18,516     175,902
    Loan Funding 2009-06-01 70,335 3,517 0000000010.000000000000 7,033     10,550

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

    TY 2010 DepreciationSchedule
    Name:
    HENRY J KAISER FAMILY FOUNDATION
    EIN: 94-6064808
    Software ID:10000149
    Software Version:2010.2.15
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    Real Estate Office   39,332,451 9,420,703 SL 3150.000 % 1,000,443      
    Furniture Equipment   6,315,911 6,081,485 SL 010 113,570      
    Telephone System   167,843 166,886 SL 005 638      
    Computer Hardware   1,115,076 1,064,041 SL 010 110,421      
    Computer Software   816,775 804,282 SL 005 29,176      
    Automobile   37,046 37,046 SL 005        
    Real Estate Investment   76,226,774 36,610,122 SL 3150.000 % 2,213,883 2,213,883 2,213,883  

    TY 2010 GeneralExplanationAttachment
    Name:
    HENRY J KAISER FAMILY FOUNDATION
    EIN: 94-6064808
    Software ID:10000149
    Software Version:2010.2.15
    Identifier Return Reference Explanation
        Part VIII, line 1, column c - Bruce Madding-Compensation Mr. Madding left the Foundation June 30, 2010 the amount reported includes payment of his accumulated flexible time off. Part VIII, line 1, column d - Drew Altman-Benefits The amount reported includes an estimate of the allocable, annualized cost of funding a qualified defined benefit plan available to all employees, employer contributions to the Foundations other qualified pension plans, and the cost of other standard benefits medical, dental, vision, life, and disability insurance provided to all other Foundation employees. Part VIII, line 1, column d - Bruce Madding-Benefits The amount reported includes an estimate of the allocable, annualized cost of funding a qualified defined benefit plan available to all employees, employer contributions to the Foundations other qualified pension plans, and the cost of other standard benefits medical, dental, vision, life, and disability insurance provided to all other Foundation employees. Part VIII, line 1, column e - Drew Altman-Expense Accounts The figure in column e for Dr. Altman comprises the following. First, the Foundation provides its officers with additional life insurance coverage. The cost for Dr. Altmans additional coverage of 3,975. Second, the Foundation provides Dr. Altman with the use of a Foundation-own automobile. The value of the personal use of the automobile by Dr. Altman is 5,938 in taxable compensation. Finally, the Foundation paid dues totaling 1,255 for Dr. Altmans membership in organizations related to the professional duties on behalf of the Foundation. Part VIII, line 1, column e - Bruce Madding-Expense Accounts The figure in column e for Mr. Madding comprises the following. The Foundation provides its officers with additional life insurance coverage. The cost for Mr. Maddings additional coverage is 1,665. Additionally, the Foundation paid dues totaling 2,269 for Mr. Maddings membership in organizations related to his professional duties on behalf of the Foundation. Part VIII, line 1, column c - David M James-Compensation Mr. James left the Foundation December 31, 2010 the amount reported includes payment of his accumulated flexible time off. Part VIII, line 2, column c - Victoria Rideout-Compensation Ms. Rideout left the Foundation March 31, 2010 the amount reported includes payment of her accumulated flexible time off.

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    HENRY J KAISER FAMILY FOUNDATION
    EIN: 94-6064808
    Software ID:10000149
    Software Version:2010.2.15
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Stocks at Custodian Northern Trust related 48,914,982 63,905,391
    16000 shares of ShoreTel 49,791 124,960
    9545 shares of ShoreTel 20,235 74,546
    16391 shares of Financial Engines 30,369 325,034
    14317 shares of Financial Engines 61,337 283,906
    2207 shares of EnerNOC 41,990 52,769

    TY 2010 InvestmentsLandSchedule2
    Name:
    HENRY J KAISER FAMILY FOUNDATION
    EIN: 94-6064808
    Software ID:10000149
    Software Version:2010.2.15
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Quadrus 76,680,065 38,129,709 38,550,356 186,307,000

    TY 2010 InvestmentsOtherSchedule2
    Name:
    HENRY J KAISER FAMILY FOUNDATION
    EIN: 94-6064808
    Software ID:10000149
    Software Version:2010.2.15
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Venture Capital FMV 88,768,804 108,358,969
    Limited Partnership FMV 106,627,748 148,284,754
    Investment Related Receivable FMV 10,821,759 10,821,759

    TY 2010 LandEtcSchedule2
    Name:
    HENRY J KAISER FAMILY FOUNDATION
    EIN: 94-6064808
    Software ID:10000149
    Software Version:2010.2.15
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Land - Menlo Park 762,905   762,905 762,905
    Land - DC 7,463,063   7,463,063 7,463,063
    Office Space 40,046,366 10,969,700 29,076,666 29,076,666
    Furniture Equipment 6,400,759 6,061,330 339,429 339,429
    Telephone System 167,843 167,524 319 319
    Computer Hardware 1,230,992 1,014,108 216,385 216,385
    Computer Software 861,629 832,959 29,168 29,168
    Automobile 37,046 37,046    


    TY 2010 LegalFeesSchedule
    Name:
    HENRY J KAISER FAMILY FOUNDATION
    EIN: 94-6064808
    Software ID:10000149
    Software Version:2010.2.15
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Arent Fox Kinter Plotkin Kahn PLLC 108,057      
    Caplin Drysdale 88,654     83,692
    Davis Harmin LLP 40,064     43,175
    Mayer Brown LLP 42,523 42,523 42,523  
    Morrison Foerster LLP 12,907     13,445
    Nixon Peabody LLP 45,000      
    Wilkes Artis 12,034      
    Davis Wright Tremaine, LLP 7,000     6,512
    Other Legal 8,372 5,230 5,230 767


    TY 2010 MortgagesAndNotesPayableSch 
    Name:
    HENRY J KAISER FAMILY FOUNDATION
    EIN: 94-6064808
    Software ID:10000149
    Software Version:2010.2.15
    Total Mortgage Amount: 30000000

    Item No. 1
    Lender's Name Union Bank
    Lender's Title UB Loan
    Relationship to Insider n/a
    Original Amount of Loan 30000000
    Balance Due 30000000
    Date of Note 2009-05
    Maturity Date 2019-06
    Repayment Terms 120 months
    Interest Rate 0000000.0515
    Security Provided by Borrower 2400-2498 Sand Hill Rd, Menlo Park, CA
    Purpose of Loan Liquidity Bridge Loan
    Description of Lender Consideration Promissory Note secured by deed of trust variable rate with swap option
    Consideration FMV 30000000


    TY 2010 OtherAssetsSchedule
    Name:
    HENRY J KAISER FAMILY FOUNDATION
    EIN: 94-6064808
    Software ID:10000149
    Software Version:2010.2.15
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Bond Financing 583,251 564,736 564,736
    Tax Refund Receivable 178,477 321,406 321,406
    Quadrus Note Receivable 171,262 125,958 125,958
    Deposits 44,484 3,440 3,440
    Loan Financing 66,818 59,785 59,785
    Other 589,348 867,314 867,314


    TY 2010 OtherExpensesSchedule
    Name:
    HENRY J KAISER FAMILY FOUNDATION
    EIN: 94-6064808
    Software ID:10000149
    Software Version:2010.2.15
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Amortization See attached statement 25,549      
    Equipment Lease Maintenance 252,803 6,428 6,428 201,615
    Postage and Shipping 91,439 2,434 2,434 90,106
    Office Supplies 593,364 13,522 13,522 547,696
    Communications 408,594 32,545 32,545 379,406
    Library Expenses 101,342 4,634 4,634 91,711
    Bank Payroll Processing Fees Misc Exp 53,314 -5 -5 53,319
    Temporary Office Help 24,787 283 283 22,623
    Recruiting 23,505 1,847 1,847 21,658
    Foundation Memberships 23,550 400 400 23,150
    Bond Expense 311,405      
    Real Estate Expenses 2,334,483 2,334,483 2,334,483  
    Program Expense 2,486,014     2,401,624
    Investment Expenses -802,974      


    TY 2010 OtherIncomeSchedule2
    Name:
    HENRY J KAISER FAMILY FOUNDATION
    EIN: 94-6064808
    Software ID:10000149
    Software Version:2010.2.15
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Other Gain Loss on K-1 -198,337 -198,337 -198,337
    UBTI reported on 990-T   214,682  
    Miscellaneous Income 51,799    
    K-1 Capital Gains Loss 5,704,837    
    Cap Gain reported on 990-T 27,300    


    TY 2010 OtherIncreasesSchedule
    Name:
    HENRY J KAISER FAMILY FOUNDATION
    EIN: 94-6064808
    Software ID:10000149
    Software Version:2010.2.15
    Description Amount
    Current Defined Pension Liability -2,883,879


    TY 2010 OtherLiabilitiesSchedule
    Name:
    HENRY J KAISER FAMILY FOUNDATION
    EIN: 94-6064808
    Software ID:10000149
    Software Version:2010.2.15
    Description Beginning of Year - Book Value End of Year - Book Value
    Bond Payable 42,000,000 42,000,000
    Bond Interest Payable 9,988 11,415
    Loan Interest Payable 47,412 47,985


    TY 2010 OtherProfessionalFeesSchedule
    Name:
    HENRY J KAISER FAMILY FOUNDATION
    EIN: 94-6064808
    Software ID:10000149
    Software Version:2010.2.15
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Adage 91,919 91,919 91,919  
    Adamas Partners 313,200 313,200 313,200  
    Alloy Ventures 229,474 229,474 229,474  
    Blue Run Ventures 49,719 49,719 49,719  
    Brahman Partners 304,241 304,241 304,241  
    Cambridge Associates 141,074 141,074 141,074  
    Charter Oak Partners 118,487 118,487 118,487  
    Clearwater 170,758 170,758 170,758  
    Cramer Rosenthal 103,715 103,715 103,715  
    Davidson Kempner 239,638 239,638 239,638  
    Doll Capital 367,705 367,705 367,705  
    Draper Fisher Jurvetson Fund 18,510 18,510 18,510  
    Energy Capital Partners 161,604 161,604 161,604  
    Flagship Ventures 129,497 129,497 129,497  
    Foundation Capital 254,315 254,315 254,315  
    Francisco Partners 55,596 55,596 55,596  
    Friedman Fleischer Lowe 134,257 134,257 134,257  
    Marathon Asset Management, Ltd. 268,943 268,943 268,943  
    McCown DeLeeuw Co. 15,266 15,266 15,266  
    Onset LP 208,079 208,079 208,079  
    57 Starts 11,379 11,379 11,379  
    Riverstone Holdings 108,403 108,403 108,403  
    Silchester International Investors 176,363 176,363 176,363  
    Snyder Capital 219,966 219,966 219,966  
    Trident Capital 88,938 88,938 88,938  
    Twin Haven Capital Partners 138,774 138,774 138,774  
    Voyager Capital 73,871 73,871 73,871  
    Other Investment Mgmt 6,340 6,340 6,340  
    Northern Trust 72,560 72,560 72,560  
    Lo Property Management Co 200,000 200,000 200,000  
    Bruce Madding 40,000 40,000 40,000  
    Altman Cronin 69,506     69,288
    Mohler, Nixon Williams 24,675     24,675
    Caplin Drysdale 34,629     9,774
    Every Network 39,865     39,865
    Program Related Contracts for Services 9,147,733     9,161,673
    Other Consulting 29,411     27,878


    TY 2010 TaxesSchedule
    Name:
    HENRY J KAISER FAMILY FOUNDATION
    EIN: 94-6064808
    Software ID:10000149
    Software Version:2010.2.15
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Real estate tax not included in line 20 1,176,810 697,568 697,568 0
    Tax on investment income taxes 584,130 0 0 178,506