Form990-PF

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
DISCUREN CHARITABLE FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)1201 THIRD AVE SUITE 4800   Room/suite
City or town, state, and ZIP code
SEATTLE, WA981013099
A Employer identification number

20-2046554
B Telephone number (see page 10 of the instructions)

(206) 359-8574
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$15,029,798J 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) 3,899,946
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 381,217 381,160  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 5,129,749
b Gross sales price for all assets on line 6a 10,023,234
7 Capital gain net income (from Part IV, line 2)... 5,129,749
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 14,032    
12 Total. Add lines 1 through 11........ 9,424,944 5,510,909  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 86,374 8,637   77,736
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment 29,816 2,982 0 26,834
b Accounting fees (attach schedule)....... Click to see attachment 5,229 4,706 0 523
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 5,615 5,615   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 600 0 0 600
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 74,162 56,262   17,900
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 201,796 78,202 0 123,593
25 Contributions, gifts, grants paid........ 1,173,864 1,173,864
26 Total expenses and disbursements. Add lines 24 and 25 1,375,660 78,202 0 1,297,457
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 8,049,284
b Net investment income (if negative, enter -0-) 5,432,707
c Adjusted net income (if negative, enter -0-)... 0
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............... 2,317 42,560 42,560
2 Savings and temporary cash investments.......... 55,414 757,133 757,133
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 2,890,281 Click to see attachment6,478,463 7,681,488
c Investments—corporate bonds (attach schedule)........ 172,569 Click to see attachment100,344 104,003
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 2,315,409 Click to see attachment6,091,261 6,444,614
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) 5,435,990 13,469,761 15,029,798
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 bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 5,435,990 13,469,761
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).................... 5,435,990 13,469,761
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 5,435,990 13,469,761
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 5,435,990
2 Enter amount from Part I, line 27a...................... 2 8,049,284
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 7
4 Add lines 1, 2, and 3.......................... 4 13,485,281
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 15,520
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 13,469,761
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 815. ABB LTD ADR P 2010-09-30 2010-10-05
b 400. AT&T INC P 2007-06-19 2010-06-18
c 340. AT&T INC P 2008-07-10 2010-11-08
d 80. AT&T INC P 2007-06-19 2010-11-08
e 70. AT&T INC P 2010-01-21 2010-11-18
600. AT&T INC P 2008-07-10 2010-11-18
220. ABBOTT LABS COM P 2010-10-08 2010-11-08
350. ABBOTT LABS COM P 2010-10-08 2010-11-18
7387. AEGON N.V D 2008-05-23 2010-01-21
95. AIR PRODUCTS & CHEMICALS INC P 2008-07-10 2010-06-18
35. AIR PRODUCTS & CHEMICALS INC P 2007-06-19 2010-11-08
125. AIR PRODUCTS & CHEMICALS INC P 2008-07-10 2010-11-08
90. AIR PRODUCTS & CHEMICALS INC P 2010-01-21 2010-11-18
165. AIR PRODUCTS & CHEMICALS INC P 2007-06-19 2010-11-18
35. APACHE CORP P 2008-07-10 2010-06-18
120. APACHE CORP P 2008-07-10 2010-11-08
145. APACHE CORP P 2010-01-21 2010-11-18
45. APACHE CORP P 2008-07-10 2010-11-18
5. BAKER HUGHES INC COM P 2008-04-02 2010-11-08
70. BAKER HUGHES INC COM P 2008-07-10 2010-11-08
70. BAKER HUGHES INC COM P 2007-06-19 2010-11-08
135. BAKER HUGHES INC COM P 2005-11-02 2010-11-18
95. BAKER HUGHES INC COM P 2008-04-02 2010-11-18
135. BANK OF NEW YORK MELLON CORP P 2008-07-10 2010-11-08
120. BANK OF NEW YORK MELLON CORP P 2008-04-02 2010-11-08
400. BANK OF NEW YORK MELLON CORP P 2008-07-10 2010-11-18
480. BECTON DICKINSON & CO P 2007-10-18 2010-06-18
115. BECTON DICKINSON & CO P 2007-10-18 2010-11-08
120. BECTON DICKINSON & CO P 2008-07-10 2010-11-18
65. BECTON DICKINSON & CO P 2007-10-18 2010-11-18
50. BLACKROCK, INC. P 2010-06-18 2010-11-08
75. BLACKROCK, INC. P 2010-06-18 2010-11-18
5. CHEVRON CORPORATION P 2007-06-19 2010-06-18
160. CHEVRON CORPORATION P 2008-07-10 2010-06-18
175. CHEVRON CORPORATION P 2007-06-19 2010-11-08
50. CHEVRON CORPORATION P 2007-06-19 2010-11-18
230. CHEVRON CORPORATION P 2010-01-21 2010-11-18
160. CHUBB CORP P 2010-06-18 2010-11-08
250. CHUBB CORP P 2010-06-18 2010-11-18
145. CISCO SYSTEMS INC P 2010-01-21 2010-06-18
445. CISCO SYSTEMS INC P 2010-01-21 2010-11-08
710. CISCO SYSTEMS INC P 2010-01-21 2010-11-18
240. CISCO SYSTEMS INC P 2010-10-26 2010-12-10
285. CISCO SYSTEMS INC P 2010-10-05 2010-12-10
675. CISCO SYSTEMS INC P 2010-09-29 2010-12-10
155. COMCAST CORP NEW CL A P 2009-09-21 2010-06-18
315. COMCAST CORP NEW CL A P 2009-09-21 2010-11-08
495. COMCAST CORP NEW CL A P 2009-09-21 2010-11-18
90. CONOCOPHILLIPS COM D 2008-07-10 2010-01-21
40. CONOCOPHILLIPS COM D 2008-07-10 2010-01-21
150. CONOCOPHILLIPS COM D 2007-06-19 2010-01-21
40. CONOCOPHILLIPS COM D 2007-06-19 2010-01-21
90. CONOCOPHILLIPS COM D 2005-11-02 2010-01-21
520. CONOCOPHILLIPS COM D 2005-11-02 2010-01-21
90. CONOCOPHILLIPS COM D 2001-10-09 2010-01-21
125. CONOCOPHILLIPS COM D 2001-10-09 2010-06-18
145. CONOCOPHILLIPS COM D 2001-10-09 2010-11-08
230. CONOCOPHILLIPS COM D 2001-10-09 2010-11-18
115. DANAHER CORP DEL COM P 2008-07-10 2010-06-18
285. DANAHER CORP DEL COM P 2008-07-10 2010-11-08
395. DANAHER CORP DEL COM P 2007-06-19 2010-11-18
60. DANAHER CORP DEL COM P 2008-07-10 2010-11-18
435. WALT DISNEY CO P 2007-06-19 2010-06-18
220. WALT DISNEY CO P 2006-11-14 2010-11-08
135. WALT DISNEY CO P 2007-06-19 2010-11-08
565. WALT DISNEY CO P 2006-11-14 2010-11-18
1051. DU PONT (E.I.) DE NEMOURS D 1972-05-05 2010-01-21
185. EMC CORP P 2007-06-19 2010-06-18
130. EMC CORP P 2010-01-21 2010-11-08
385. EMC CORP P 2007-06-19 2010-11-08
815. EMC CORP P 2010-01-21 2010-11-18
30. EATON CORPORATION P 2007-06-19 2010-06-18
10. EATON CORPORATION P 2008-07-10 2010-11-08
80. EATON CORPORATION P 2007-06-19 2010-11-08
110. EATON CORPORATION P 2008-07-10 2010-11-18
35. EATON CORPORATION P 2010-01-21 2010-11-18
85. EXXON MOBIL CORP P 2008-04-02 2010-06-18
110. EXXON MOBIL CORP P 2008-04-02 2010-11-08
170. EXXON MOBIL CORP P 2008-04-02 2010-11-18
75000. FANNIE MAE 4.25% DUE 1/19/20 10 P 2006-04-19 2010-01-19
9617.089 JPMORGAN MID CAP VALUE FD-IN P 2009-08-03 2010-12-21
8916.607 JPMORGAN MID CAP VALUE FD-IN P 2010-01-21 2010-12-21
20. FRANKLIN RESOURCES INC P 2007-06-19 2010-06-18
90. FRANKLIN RESOURCES INC P 2007-06-19 2010-11-08
125. FRANKLIN RESOURCES INC P 2010-01-21 2010-11-18
20. FRANKLIN RESOURCES INC P 2007-06-19 2010-11-18
320. GENERAL ELECTRIC CO COM P 2007-06-19 2010-06-18
285. GENERAL ELECTRIC CO COM P 2005-11-02 2010-11-08
65. GENERAL ELECTRIC CO COM P 2008-04-02 2010-11-08
250. GENERAL ELECTRIC CO COM P 2007-06-19 2010-11-08
950. GENERAL ELECTRIC CO COM P 2005-11-02 2010-11-18
175. GENZYME CORP P 2010-09-30 2010-11-22
160. GOLDMAN SACHS GROUP INC COM P 2008-09-17 2010-04-16
120. GOLDMAN SACHS GROUP INC COM P 2005-11-02 2010-04-16
110. GOLDMAN SACHS GROUP INC COM P 2008-07-10 2010-04-16
305. GOLDMAN SACHS GROUP INC COM P 2010-01-21 2010-04-16
291.634 HARBOR INTERNATIONAL FUND P 2007-06-19 2010-11-18
2217.567 HARBOR INTERNATIONAL FUND P 2008-07-10 2010-11-18
7902.078 ING GLOBAL REAL ESTATE FD-I P 2010-01-21 2010-09-24
135. INTEL CORP COM P 2007-06-19 2010-06-18
305. INTEL CORP COM P 2005-11-02 2010-11-08
195. INTEL CORP COM P 2007-06-19 2010-11-08
795. INTEL CORP COM P 2005-11-02 2010-11-18
130. INTERNATIONAL BUSINESS MACH D 2008-07-10 2010-01-21
10. INTERNATIONAL BUSINESS MACH D 2008-07-10 2010-06-18
55. INTERNATIONAL BUSINESS MACH D 2007-06-19 2010-06-18
20. INTERNATIONAL BUSINESS MACH D 2005-11-02 2010-11-08
75. INTERNATIONAL BUSINESS MACH D 2007-06-19 2010-11-08
155. INTERNATIONAL BUSINESS MACH D 2005-11-02 2010-11-18
1715. ISHARES S&P MIDCAP 400/GRWTH P 2010-01-21 2010-12-21
2860. ISHARES S&P MIDCAP 400/GRWTH P 2008-09-22 2010-12-21
200. JPMORGAN CHASE & CO P 2008-04-02 2010-06-18
140. JPMORGAN CHASE & CO P 2008-04-02 2010-11-08
20. JPMORGAN CHASE & CO P 2010-01-21 2010-11-18
205. JPMORGAN CHASE & CO P 2008-04-02 2010-11-18
45. JOHNSON & JOHNSON P 2008-07-10 2010-06-18
1360. JOHNSON & JOHNSON P 2010-01-21 2010-10-08
175. JOHNSON & JOHNSON P 2008-07-10 2010-10-08
550. JOHNSON & JOHNSON P 2005-11-02 2010-10-08
280. JOHNSON & JOHNSON P 2007-06-19 2010-10-08
215. KOHLS CORP COM P 2010-09-29 2010-11-22
7972. KRAFT FOODS INC D 1975-07-14 2010-01-21
240. MICROSOFT CORP P 2007-06-19 2010-06-18
105. MICROSOFT CORP P 2010-01-21 2010-11-08
290. MICROSOFT CORP P 2007-06-19 2010-11-08
625. MICROSOFT CORP P 2010-01-21 2010-11-18
85. NIKE INC CLASS B P 2010-01-21 2010-06-18
135. NIKE INC CLASS B P 2010-01-21 2010-11-08
215. NIKE INC CLASS B P 2010-01-21 2010-11-18
80. NOVARTIS A G SPONSORED ADR P 2008-07-10 2010-06-18
75. NOVARTIS A G SPONSORED ADR P 2007-06-19 2010-11-08
70. NOVARTIS A G SPONSORED ADR P 2007-04-16 2010-11-08
60. NOVARTIS A G SPONSORED ADR P 2008-07-10 2010-11-08
225. ORACLE CORP COM P 2010-01-21 2010-06-18
485. ORACLE CORP COM P 2010-01-21 2010-11-08
770. ORACLE CORP COM P 2010-01-21 2010-11-18
260. PAYCHEX INC COM P 2007-06-19 2010-06-18
200. PAYCHEX INC COM P 2007-05-11 2010-11-08
30. PAYCHEX INC COM P 2007-06-19 2010-11-08
370. PAYCHEX INC COM P 2007-05-11 2010-11-18
30. PEPSICO INC P 2007-06-19 2010-06-18
195. PEPSICO INC P 2007-06-19 2010-11-08
265. PEPSICO INC P 2008-07-10 2010-11-18
45. PEPSICO INC P 2007-06-19 2010-11-18
246948. PFIZER INC COM D 1960-04-12 2010-01-21
89. PFIZER INC COM D 1960-04-12 2010-01-21
2375. PFIZER INC COM D 1960-04-12 2010-01-21
611. PFIZER INC COM D 1960-04-12 2010-01-21
217. PFIZER INC COM D 1960-04-12 2010-01-21
510. PFIZER INC COM D 2009-10-15 2010-11-08
89. PFIZER INC COM D 2009-10-15 2010-11-18
403. PFIZER INC COM D 2009-11-06 2010-11-18
101. PFIZER INC COM D 2009-10-15 2010-11-18
217. PFIZER INC COM D 2009-10-15 2010-11-18
275. PHILLIPS-VAN HEUSEN CO P 2010-11-22 2010-12-09
75. PROCTER & GAMBLE CO COM P 2008-07-10 2010-06-18
195. PROCTER & GAMBLE CO COM P 2008-07-10 2010-11-08
210. PROCTER & GAMBLE CO COM P 2007-06-19 2010-11-18
100. PROCTER & GAMBLE CO COM P 2008-07-10 2010-11-18
145. QUALCOMM INC COM P 2010-01-21 2010-06-18
220. QUALCOMM INC COM P 2010-01-21 2010-11-08
350. QUALCOMM INC COM P 2010-01-21 2010-11-18
145. SPDR S&P BIOTECH ETF P 2008-09-23 2010-11-08
205. SPDR S&P BIOTECH ETF P 2008-09-23 2010-11-18
145. CHARLES SCHWAB CORP P 2010-01-21 2010-06-18
295. CHARLES SCHWAB CORP P 2010-01-21 2010-11-08
470. CHARLES SCHWAB CORP P 2010-01-21 2010-11-18
410. UTILITIES SELECT SECTOR SPDR FUND P 2008-07-10 2010-06-18
540. UTILITIES SELECT SECTOR SPDR FUND P 2007-06-19 2010-06-18
200. UTILITIES SELECT SECTOR SPDR FUND P 2005-11-02 2010-06-18
490. UTILITIES SELECT SECTOR SPDR FUND P 2005-11-02 2010-11-08
700. UTILITIES SELECT SECTOR SPDR FUND P 2005-11-02 2010-11-18
160. STRYKER CORP P 2007-06-19 2010-11-08
125. STRYKER CORP P 2008-07-10 2010-11-18
130. STRYKER CORP P 2007-06-19 2010-11-18
130. SYSCO CORP COM P 2007-06-19 2010-06-18
40. SYSCO CORP COM P 2005-11-02 2010-11-08
360. SYSCO CORP COM P 2007-06-19 2010-11-08
635. SYSCO CORP COM P 2005-11-02 2010-11-18
125. TJX COS IN NEW P 2010-10-26 2010-12-28
210. TJX COS IN NEW P 2010-09-29 2010-12-28
75. UNITED PARCEL SERVICE INC CL B P 2005-11-02 2010-06-18
130. UNITED PARCEL SERVICE INC CL B P 2005-11-02 2010-11-08
200. UNITED PARCEL SERVICE INC CL B P 2005-11-02 2010-11-18
25. UNITED TECHNOLOGIES CORP COM P 2007-06-19 2010-06-18
190. UNITED TECHNOLOGIES CORP COM P 2007-06-19 2010-11-08
235. UNITED TECHNOLOGIES CORP COM P 2010-01-21 2010-11-18
60. UNITED TECHNOLOGIES CORP COM P 2008-04-02 2010-11-18
5. UNITED TECHNOLOGIES CORP COM P 2007-06-19 2010-11-18
100. VF CORPORATION P 2010-01-21 2010-06-18
100. VF CORPORATION P 2010-01-21 2010-11-08
160. VF CORPORATION P 2010-01-21 2010-11-18
4969.419 VANGUARD INFLATION-PROTECTED SECURITIES FD-ADM CL P 2010-01-21 2010-09-21
3205.08 VANGUARD INFLATION-PROTECTED SECURITIES FD-ADM CL P 2010-01-21 2010-11-01
3088.191 VANGUARD INFLATION-PROTECTED SECURITIES FD-ADM CL P 2010-01-21 2010-11-08
23593.466 VANGUARD GNMA FUND - ADMIRAL CLASS P 2010-01-21 2010-09-21
6750.675 VANGUARD GNMA FUND - ADMIRAL CLASS P 2010-01-21 2010-10-14
8100.81 VANGUARD GNMA FUND - ADMIRAL CLASS P 2010-01-21 2010-11-01
18506.295 VANGUARD GNMA FUND - ADMIRAL CLASS P 2010-01-21 2010-11-08
25120.773 VANGUARD I-T INV GRADE ADM P 2010-01-21 2010-09-21
11984.66 VANGUARD I-T INV GRADE ADM P 2010-01-21 2010-10-14
18212.786 VANGUARD I-T INV GRADE ADM P 2010-01-21 2010-11-08
11970.534 VANGUARD S/T INVEST GRADE ADMIRAL CLASS P 2010-01-21 2010-09-21
166.697 VANGUARD S/T INVEST GRADE ADMIRAL CLASS P 2010-01-21 2010-11-01
5622.294 VANGUARD S/T INVEST GRADE ADMIRAL CLASS P 2005-12-29 2010-11-01
6917.431 VANGUARD S/T INVEST GRADE ADMIRAL CLASS P 2005-12-29 2010-11-08
868. VIACOM INC. D 1973-02-06 2010-01-21
95. WAL-MART STORES INC P 2008-07-10 2010-06-18
155. WAL-MART STORES INC P 2008-12-29 2010-11-08
65. WAL-MART STORES INC P 2008-07-10 2010-11-08
305. WAL-MART STORES INC P 2010-01-21 2010-11-18
40. WAL-MART STORES INC P 2008-12-29 2010-11-18
160. WALGREEN CO COM P 2006-07-17 2010-06-18
85. WALGREEN CO COM P 2007-04-16 2010-06-18
295. WALGREEN CO COM P 2005-11-02 2010-11-08
5. WALGREEN CO COM P 2007-04-16 2010-11-08
260. WALGREEN CO COM P 2007-06-19 2010-11-18
215. WALGREEN CO COM P 2005-11-02 2010-11-18
270. WELLS FARGO & CO P 2005-11-02 2010-11-08
425. WELLS FARGO & CO P 2005-11-02 2010-11-18
260. ACCENTURE PLC F P 2010-01-21 2010-11-08
410. ACCENTURE PLC F P 2010-01-21 2010-11-18
CAPITAL GAIN DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 17,529   17,260 269
b 10,155   16,156 -6,001
c 9,905   11,179 -1,274
d 2,331   3,231 -900
e 1,985   1,804 181
17,010   19,728 -2,718
11,079   11,637 -558
16,600   18,513 -1,913
44,913   27,499 17,414
6,807   9,186 -2,379
3,046   2,860 186
10,879   12,086 -1,207
7,716   7,270 446
14,147   13,481 666
3,425   4,200 -775
13,189   14,401 -1,212
15,738   15,280 458
4,884   5,400 -516
253   358 -105
3,535   5,611 -2,076
3,535   6,244 -2,709
6,696   7,745 -1,049
4,712   6,801 -2,089
3,773   4,868 -1,095
3,354   5,024 -1,670
11,200   14,423 -3,223
34,355   40,333 -5,978
8,951   9,663 -712
9,344   9,960 -616
5,061   5,462 -401
8,575   7,966 609
12,778   11,948 830
378   418 -40
12,081   15,042 -2,961
14,808   14,637 171
4,182   4,182  
19,238   17,657 1,581
9,399   8,481 918
14,483   13,251 1,232
3,403   3,495 -92
10,885   10,725 160
13,853   17,111 -3,258
4,715   5,654 -939
5,599   6,292 -693
13,262   14,729 -1,467
2,874   2,677 197
6,527   5,440 1,087
10,178   8,549 1,629
4,723   7,964 -3,241
2,099   3,540 -1,441
7,872   12,056 -4,184
2,099   3,215 -1,116
4,723   6,007 -1,284
27,289   34,705 -7,416
4,723   298 4,425
6,981   413 6,568
8,948   480 8,468
14,228   761 13,467
4,675   4,369 306
12,614   10,826 1,788
17,127   14,872 2,255
2,602   2,279 323
15,261   15,147 114
8,114   6,965 1,149
4,979   4,701 278
21,211   17,888 3,323
35,135   9,592 25,543
3,570   3,350 220
2,848   2,269 579
8,435   6,972 1,463
17,547   14,222 3,325
2,222   2,826 -604
932   815 117
7,453   7,536 -83
10,508   8,969 1,539
3,343   2,343 1,000
5,374   7,516 -2,142
7,707   9,727 -2,020
11,946   15,033 -3,087
75,000   72,225 2,775
225,425   162,625 62,800
209,005   173,963 35,042
1,860   2,682 -822
11,017   12,070 -1,053
14,722   13,151 1,571
2,356   2,682 -326
5,088   12,544 -7,456
4,748   9,636 -4,888
1,083   2,469 -1,386
4,165   9,800 -5,635
15,248   32,120 -16,872
12,499   12,417 82
26,077   17,606 8,471
19,558   15,496 4,062
17,928   18,780 -852
49,709   48,462 1,247
17,434   20,627 -3,193
132,566   140,971 -8,405
124,221   111,814 12,407
2,869   3,283 -414
6,503   7,088 -585
4,157   4,742 -585
16,696   18,476 -1,780
16,696   16,003 693
1,307   1,231 76
7,187   5,860 1,327
2,916   1,618 1,298
10,933   7,990 2,943
22,459   12,536 9,923
174,129   134,780 39,349
290,383   233,990 56,393
7,817   9,286 -1,469
5,687   6,500 -813
796   819 -23
8,155   9,518 -1,363
2,661   3,016 -355
85,892   87,149 -1,257
11,052   11,730 -678
34,736   33,721 1,015
17,684   17,500 184
11,939   11,381 558
226,135   2,128 224,007
6,321   7,341 -1,020
2,819   3,173 -354
7,787   8,871 -1,084
16,182   18,887 -2,705
6,377   5,416 961
11,282   8,602 2,680
17,806   13,700 4,106
3,894   4,640 -746
4,347   4,161 186
4,057   3,963 94
3,478   3,480 -2
5,196   5,614 -418
14,016   12,101 1,915
21,914   19,211 2,703
7,371   10,486 -3,115
5,568   7,796 -2,228
835   1,210 -375
10,475   14,422 -3,947
1,928   1,977 -49
12,681   12,852 -171
17,180   17,339 -159
2,917   2,966 -49
4,752,553   192,685 4,559,868
1,713   69 1,644
45,707   1,853 43,854
11,759   477 11,282
4,176   169 4,007
8,639   8,928 -289
1,493   1,553 -60
6,758   6,851 -93
1,694   1,768 -74
3,639   3,796 -157
18,944   17,922 1,022
4,615   4,817 -202
12,587   12,523 64
13,433   12,873 560
6,397   6,422 -25
5,180   7,043 -1,863
10,527   10,685 -158
16,877   16,999 -122
8,614   8,748 -134
12,166   12,368 -202
2,240   2,762 -522
4,661   5,620 -959
7,167   8,953 -1,786
12,321   16,716 -4,395
16,227   21,772 -5,545
6,010   6,180 -170
15,562   15,141 421
21,819   21,630 189
8,317   10,673 -2,356
6,440   8,117 -1,677
6,698   8,672 -1,974
4,046   4,403 -357
1,172   1,223 -51
10,551   12,193 -1,642
18,421   19,418 -997
5,550   5,775 -225
9,323   9,423 -100
4,681   5,549 -868
9,006   9,617 -611
13,696   14,796 -1,100
1,729   1,797 -68
14,594   13,657 937
17,665   16,533 1,132
4,510   4,280 230
376   359 17
7,935   7,487 448
8,431   7,487 944
13,099   11,979 1,120
130,000   124,136 5,864
85,800   80,063 5,737
82,640   77,143 5,497
260,000   253,394 6,606
75,000   72,502 2,498
90,000   87,003 2,997
205,790   198,758 7,032
260,000   246,435 13,565
125,000   117,570 7,430
190,870   178,667 12,203
130,000   127,965 2,035
1,817   1,782 35
61,283   59,147 2,136
75,400   72,771 2,629
26,333   9,477 16,856
4,919   5,454 -535
8,474   8,514 -40
3,553   3,732 -179
16,580   16,214 366
2,174   2,197 -23
4,844   7,464 -2,620
2,573   3,922 -1,349
10,337   13,195 -2,858
175   231 -56
8,944   11,424 -2,480
7,396   9,617 -2,221
7,768   8,066 -298
11,709   12,697 -988
11,640   11,222 418
18,220   17,696 524
      5
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       269
b       -6,001
c       -1,274
d       -900
e       181
      -2,718
      -558
      -1,913
      17,414
      -2,379
      186
      -1,207
      446
      666
      -775
      -1,212
      458
      -516
      -105
      -2,076
      -2,709
      -1,049
      -2,089
      -1,095
      -1,670
      -3,223
      -5,978
      -712
      -616
      -401
      609
      830
      -40
      -2,961
      171
       
      1,581
      918
      1,232
      -92
      160
      -3,258
      -939
      -693
      -1,467
      197
      1,087
      1,629
      -3,241
      -1,441
      -4,184
      -1,116
      -1,284
      -7,416
      4,425
      6,568
      8,468
      13,467
      306
      1,788
      2,255
      323
      114
      1,149
      278
      3,323
      25,543
      220
      579
      1,463
      3,325
      -604
      117
      -83
      1,539
      1,000
      -2,142
      -2,020
      -3,087
      2,775
      62,800
      35,042
      -822
      -1,053
      1,571
      -326
      -7,456
      -4,888
      -1,386
      -5,635
      -16,872
      82
      8,471
      4,062
      -852
      1,247
      -3,193
      -8,405
      12,407
      -414
      -585
      -585
      -1,780
      693
      76
      1,327
      1,298
      2,943
      9,923
      39,349
      56,393
      -1,469
      -813
      -23
      -1,363
      -355
      -1,257
      -678
      1,015
      184
      558
      224,007
      -1,020
      -354
      -1,084
      -2,705
      961
      2,680
      4,106
      -746
      186
      94
      -2
      -418
      1,915
      2,703
      -3,115
      -2,228
      -375
      -3,947
      -49
      -171
      -159
      -49
      4,559,868
      1,644
      43,854
      11,282
      4,007
      -289
      -60
      -93
      -74
      -157
      1,022
      -202
      64
      560
      -25
      -1,863
      -158
      -122
      -134
      -202
      -522
      -959
      -1,786
      -4,395
      -5,545
      -170
      421
      189
      -2,356
      -1,677
      -1,974
      -357
      -51
      -1,642
      -997
      -225
      -100
      -868
      -611
      -1,100
      -68
      937
      1,132
      230
      17
      448
      944
      1,120
      5,864
      5,737
      5,497
      6,606
      2,498
      2,997
      7,032
      13,565
      7,430
      12,203
      2,035
      35
      2,136
      2,629
      16,856
      -535
      -40
      -179
      366
      -23
      -2,620
      -1,349
      -2,858
      -56
      -2,480
      -2,221
      -298
      -988
      418
      524
       
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 5,129,749
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  
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 906,196 5,418,332 0.167246
2008 979,524 5,906,077 0.16585
2007 863,842 5,686,173 0.15192
2006 885,022 4,903,826 0.180476
2005 881,947 1,187,209 0.742874
2 Total of line 1, column (d) ...................... 2 1.408366
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 0.281673
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 13,769,784
5 Multiply line 4 by line 3....................... 5 3,878,580
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 54,327
7 Add lines 5 and 6......................... 7 3,932,907
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,297,457
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 1 108,654
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2............................ 3 108,654
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 108,654
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 7,705
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 7,705
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 100,949
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet   Refunded Bullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see 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
 
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 page 19 of the
    instructions)bulletWA
    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
     
    No
    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 addressbullet  
    14
    The books are in care ofbulletJEAN WATSON SEC-TREAS Telephone no.bullet (206) 359-8574
    Located atbullet1201 THIRD AVE SUITE 4800SEATTLEWA ZIP+4bullet981013099
    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
     
    No
    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
    GREG COY DIRECTOR AND PROGRAM MANAGER
    23     		74,374    
    1201 THIRD AVE 48TH FLOOR
    SEATTLE,WA981013099
    POLLY M OLSEN DIRECTOR
    2     		6,000    
    1201 THIRD AVE 48TH FLOOR
    SEATTLE,WA981013099
    MARTHA ASHENFELTER DIRECTOR
    2     		6,000    
    1201 THIRD AVE 48TH FLOOR
    SEATTLE,WA981013099
    COLONEL F BETZ PRESIDENT
    0     		0    
    1201 THIRD AVE 48TH FLOOR
    SEATTLE,WA981013099
    ROBERT S MUCKLESTONE VICE PRES.
    0     		0    
    1201 THIRD AVE 48TH FLOOR
    SEATTLE,WA981013099
    F JEAN WATSON SEC/TREAS.
    1     		0    
    1201 THIRD AVE 48TH FLOOR
    SEATTLE,WA981013099
    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
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    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
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    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
    13,979,476
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    13,979,476
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) ..............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d..........................
    3
    13,979,476
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    209,692
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    13,769,784
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    688,489
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    688,489
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    108,654
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    108,654
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    579,835
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4.............................
    5
    579,835
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1.................................
    7
    579,835
    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 ..........
    1a
    1,297,457
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes................................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,297,457
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    1,297,457
    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 7 579,835
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2010:
    a From 2005....... 823,233
    b From 2006....... 643,164
    c From 2007....... 612,613
    d From 2008....... 693,744
    e From 2009....... 637,098
    fTotal of lines 3a through e......... 3,409,852
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 1,297,457
    a Applied to 2009, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		 0
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		0
    d Applied to 2010 distributable amount..... 579,835
    e Remaining amount distributed out of corpus 717,622
    5 Excess distributions carryover applied to 2010. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 4,127,474
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		0
    e Undistributed income for 2009. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		0
    f Undistributed income for 2010. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		0
    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) ...........     		0
    8Excess distributions carryover from 2005 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		823,233
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		3,304,241
    10 Analysis of line 9:
    a Excess from 2006.... 643,164
    b Excess from 2007.... 612,613
    c Excess from 2008.... 693,744
    d Excess from 2009.... 637,098
    e Excess from 2010.... 717,622
    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
             
    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 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).)
    NA
    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.
    NA
    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:
    F JEAN WATSON
    1201 THIRD AVE SUITE 4800
    SEATTLE,WA981013099
    (206) 359-8574
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATION FORM TO BE PROVIDED BY THE FOUNDATION
    cAny submission deadlines:
    GRANTS ARE AWARDED QUARTERLY AND MUST BE SUBMITTED AT LEAST TWO WEEKS PRIOR TO MEETINGS
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS ARE AWARDED ONLY TO PUBLIC CHARITIES FOR SPECIFIC PROJECTS LOCATED IN WASHINGTON WHICH ADDRESS THE NEEDS OF LITERACY, BASIC EDUCATION AND DROPOUT PREVENTION
    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
    New Futures
    Sarah Schieron-Director
    PO BOX 66958
    Burien,WA98166     		NONE 501(C)(3) EDUCATION ADVOCATES 40,000
    Children's Home Society of
    Washington
    PO BOX 15190
    Seattle,WA98115     		NONE 501(C)(3) PLAYBRIGHT LEARNING SYSTEM 35,000
    Rochester Organization of Families
    Families
    PO BOX 312
    Rochester,WA98579     		NONE 501(C)(3) KID'S PLACE AFTER SCHOOL & SUMMER PROGRAMS 30,000
    YWCA of Seattle King Co
    Snohomish
    801 23RD AVENUE SOUTH SUITE A
    Seattle,WA98144     		NONE 501(C)(3) FEED YOUR BRAIN PROJECT 55,000
    Communities in Schools of Peninsula
    Colleen Speer-Executive
    PO BOX 684
    Vaughn,WA98394     		NONE 501(C)(3) MENTORING OUR STUDENTS 34,500
    La Conner School District
    Ms Kathy Shoop-Curriculum Director
    PO BOX 2103
    La Conner,WA98257     		NONE 501(C)(3) LOP CHE ALH EARLY COLLEGE AVID PROGRAM 49,725
    Nature Vision Inc
    Clay Heilman - President
    21631 NE 44TH STREET
    Redmond,WA98053     		NONE 501(C)(3) NATURE DISCOVERIES OUTREACH PROJECT 30,000
    Port Townsend Marine
    Science Center
    532 BATTERY WAY
    Port Townsend,WA98368     		NONE 501(C)(3) APPROACHES TO INQUIRY 15,371
    Snoqualmie Valley School
    District
    33314 SE 42ND STREET
    Fall City,WA98024     		NONE 501(C)(3) FIRST YEAR LITERACY FOR LIFE PROGRAM 34,500
    Garden-Raised Bounty
    711 STATE AVENUE NE
    Olympia,WA98506     		NONE 501(C)(3) CULTIVATING YOUTH EMPLOYMENT 50,000
    University of Washington
    Foundation
    1900 COMMERCE STREET
    Tacoma,WA984023100     		NONE 501(C)(3) MATH, SCIENCE & LEADERSHIP PROGRAM 45,000
    Edmonds School District
    18638 44TH AVENUE
    Lynnwood,WA98037     		NONE 501(C)(3) FAMILY OUTREACH 55,000
    Peace Community Center
    2106 S CUSHMAN AVENUE
    Tacoma,WA98405     		NONE 501(C)(3) HILLTOP SCHOLARS PROGRAM 50,000
    Washington State Child
    Care Resource Network
    1515 BROADWAY SUITE 300
    Tacoma,WA98403     		NONE 501(C)(3) EXPANDING EARLY LEARNING OPPORTUNITIES 40,000
    Lake Washington Schools Foundation
    PO BOX 83
    Redmond,WA98073     		NONE 501(C)(3) LOOKING INTO THE NEEDS OF KIDS AND SCHOOLS 25,000
    University of Puget Sound
    1500 N WARNER 1080
    Tacoma,WA984161080     		NONE 501(C)(3) SUMMER ACADEMIC CHALLENGE 25,000
    Wishkah Valley School
    4640 WISHKAH ROAD
    Aberdeen,WA98520     		NONE 501(C)(3) SAVE OUR STUDENTS 25,690
    Suquamish Elementary School
    18950 PARK AVENUE NE
    Suquamish,WA98392     		NONE 501(C)(3) ROLLING READER 12,250
    Highline Big Picture High School
    2450 SOUTH 142ND STREET
    SeaTac,WA98168     		NONE 501(C)(3) MATH/SCIENCE IMMERSION IN PROJECTS 40,000
    Communities in Schools of Spokane
    Spokane
    905 W RIVERSIDE SUITE 508
    Spokane,WA99201     		NONE 501(C)(3) MONDAY MENTOR PROGRAM 25,000
    Lynnwood Elementary School
    18638 44TH AVENUE WEST
    Lynnwood,WA98037     		NONE 501(C)(3) FAMILY ACADEMIC NIGHT 11,014
    Communities in Schools of Lakewood
    6402 100TH STREET SW
    Lakewood,WA98499     		NONE 501(C)(3) S.K.I.L.L. AFTER SCHOOL PROGRAM 30,000
    Allen Renaissance Inc
    1321 MARTIN LUTHER KING JR WAY
    Tacoma,WA98405     		NONE 501(C)(3) COMBATING DROPOUT RATES 35,000
    Center for Human Services
    17018 - 15TH AVE NE
    Shoreline,WA98155     		NONE 501(C)(3) CAMP BALLINGER 25,000
    Coyote Foundation dba
    Jefferson Teen Center
    233 BLUEBERRY HILL DRIVE
    Quilcene,WA98376     		NONE 501(C)(3) TUTORING AND LEARNING 15,000
    The Fruit Valley Foundation
    PO BOX 72
    Vancouver,WA986660072     		NONE 501(C)(3) STUDENTS TRANSITIONING TO EXCEPTIONAL PEOPLE 10,000
    Office of the Education
    Ombudsman
    155 NE 100TH STREET
    Seattle,WA981258012     		NONE 501(C)(3) OEO SCHOOL-FAMILY PARTNERSHIP 46,450
    Yakama Christian Mission
    PO BOX 547
    White Swan,WA98952     		NONE 501(C)(3) AFTER-SCHOOL PROGRAM 46,164
    El Centro de la Raza
    2524 16TH AVENUE SOUTH
    Seattle,WA98144     		NONE 501(C)(3) YOUTH CASE MANAGEMENT 25,000
    Treehouse
    2100 24TH AVE SOUTH 200
    Seattle,WA98144     		NONE 501(C)(3) TUTORING PROGRAM 40,000
    Child Care Action Council
    PO BOX 446
    Olympia,WA98507     		NONE 501(C)(3) RAISING A READER 28,200
    Children's Discovery Fdn
    30 PEA PATCH LANE
    Eastsound,WA98245     		NONE 501(C)(3) FUNHOUSE MENTOR PROJECT 25,000
    Communities in Schools of
    Federal Way
    PO BOX 3440
    Federal Way,WA98063     		NONE 501(C)(3) MENTORING PROGRAM 25,000
    Community Schools
    Collaboration
    16256 MILITARY ROAD SOUTH STE 102
    SeaTac,WA98188     		NONE 501(C)(3) HIGH SCHOOL SUCCESS PROGRAM 25,000
    Nespelem School District
    PO BOX 291
    Nespelem,WA99155     		NONE 501(C)(3) ROVING MATH TUTORS 40,000
    Washington Science Teachers
    Assocation
    PO BOX 843
    Ephrata,WA98823     		NONE 501(C)(3) GRANT - SCIENCE & SUSTAINABILITY 30,000
    Total .................................bullet 3a 1,173,864
    bApproved for future payment
    Total ..................................bullet 3b  
    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          
    4 Dividends and interest from securities....     14 381,217  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory     18 5,129,749  
    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)..   5,524,998  
    13Total. Add line 12, columns (b), (d), and (e)...................
    135,524,998
    (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:  
    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.
    OMB No. 1545-0047
    2010
    Name of organization
    DISCUREN CHARITABLE FOUNDATION
     
    Employer identification number

    20-2046554
    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 1 of Part I
    Name of organization
    DISCUREN CHARITABLE FOUNDATION
          		Employer identification number

    20-2046554
    Part I
    Contributors (see Instructions)
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    1
    BLUE HERON TRUST
    C/O PERKINS COIE

         
    1201 THIRD AVE SUITE 4800
       
    SEATTLE, WA   98101

    		$3,899,946




    (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.)
    (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
    DISCUREN CHARITABLE FOUNDATION
          		Employer identification number

    20-2046554
    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
    DISCUREN CHARITABLE FOUNDATION
          		Employer identification number

    20-2046554
    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 $  
    (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:  
    Software Version:  

    TY 2010 AccountingFeesSchedule
    Name:
    DISCUREN CHARITABLE FOUNDATION
    EIN: 20-2046554
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPERATION FEE & REVIEW 5,229 4,706   523

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    DISCUREN CHARITABLE FOUNDATION
    EIN: 20-2046554
    Name of Bond End of Year Book Value End of Year Fair Market Value
    FNMA 5.625% 11/15/2021 100,344 104,003

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    DISCUREN CHARITABLE FOUNDATION
    EIN: 20-2046554
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AIR PRODUCTS & CHEMICALS 121,976 149,158
    APACHE CORP 109,226 147,845
    BAKER HUGHES INC 74,867 84,897
    BANK OF NEW YORK 84,147 79,215
    CHEVRON CORPORATION 128,636 166,987
    CISCO SYSTEMS 81,279 94,171
    CONOCOPHILLIPS 4,882 100,516
    DANAHER 100,334 140,331
    E M C CORP MASS 78,693 122,400
    EATON CORP 59,748 93,897
    GENERAL ELECTRIC CO 122,598 113,947
    INTEL CORP 106,536 109,566
    IBM 51,303 179,487
    MICROSOFT CORP 140,427 143,737
    NIKE INC 81,111 137,953
    ORACLE CORP 96,456 157,908
    PEPSICO INC 142,805 151,566
    PFIZER INC 38,785 92,733
    PROCTER & GAMBLE 118,721 129,947
    STRYKER CORP 86,898 89,679
    SYSCO 130,881 139,356
    UNITED PARCEL CL B 81,301 95,080
    UNITED TECHNOLOGIES 119,761 152,717
    WALMART STORES 114,998 121,882
    WALGREEN CO 111,804 120,192
    WELLS FARGO & CO 76,041 86,152
    NOVARTIS AG ADR 131,265 143,248
    WALT DISNEY CO 128,845 156,042
    FRANKLIN RESOURCES 100,031 118,439
    QUALCOMM INC 115,281 129,169
    BECTON DICKINSON & CO 92,615 101,001
    AT&T INC 132,087 156,566
    PAYCHEX 75,266 74,339
    UTILITIES SEL SPDR 153,757 162,655
    EXXON MOBIL CORP 77,938 80,066
    JP MORGAN CHASE 85,566 96,930
    SPDR S&P BIOTECH 87,199 95,882
    VF CORPORATION 63,291 89,627
    COMCAST CORP 53,315 71,293
    CHARLES SCHWAB CORP 49,057 52,699
    ACCENTURE PLC F 99,278 130,438
    ABBOTT LABS 119,808 108,516
    IPATH COMMODITY ETN 290,082 347,278
    BLACKROCK INC 77,266 92,431
    CHUBB CORP 104,153 115,702
    SPDR GOLD TRUST 398,355 420,322
    ADTRAN INC 22,615 25,709
    AMERON INTL CORP 20,740 22,911
    ANALOGIC CORP 14,142 14,853
    ANGIODYNAMICS 19,262 20,903
    BIO RAD LABS INC 16,576 18,174
    FIRST NIAGARA FIN GP 11,542 13,141
    GULFMARK OFFSHORE 18,779 19,152
    HAEMONETICS CORP 17,666 18,954
    HAYNES INTL INC NEW 14,885 15,477
    LSB INDS INC 20,010 21,955
    MDU RESOURCES GRP 15,326 15,101
    NATIONAL PRESTO INDS 19,617 22,752
    NETGEAR INC 13,004 13,640
    OSI SYSTEMS INC 29,247 29,633
    OLD NATL BANCORP 20,873 24,612
    OPLINK COMMUNICATION 24,182 25,396
    PARAMETRIC TECH CORP 18,161 18,813
    PHILLIPS-VAN HEUSEN 15,315 14,807
    PIPER JAFFRAY COS 17,234 19,606
    POLYCOM 30,969 33,523
    POWELL INDUSTRIES 16,657 16,111
    RAVEN INDS INC 11,756 13,353
    ROBBINS AND MYERS 21,439 25,404
    ROFIN-SINAR TECH 22,503 27,289
    ROLLINS INC 22,674 25,181
    SM ENERGY CO 42,783 50,680
    STERIS CORPORATION 21,695 22,970
    TRACTOR SUPPLY CO 22,505 25,942
    TRIMBLE NAVIGATION 33,825 36,736
    II-VI INC 25,276 28,511
    UMB FINANCIAL CORP 20,227 22,585
    VIEWPOINT FINANCIAL 22,093 24,491
    WABTEC CORPORATION 19,742 22,214
    W PHARM SERVICES 17,801 19,158
    WOODWARD INC 25,508 29,672
    WRIGHT MEDICAL GRP 11,650 12,812
    ZOLL MEDICAL CORP 28,605 33,321
    SYKES ENTERPRISES 21,163 24,008
    ADOBE SYSTEMS INC 15,910 18,314
    ALLSCRIPTS HEALTH 11,245 11,273
    APPLE INC 38,910 43,546
    APTARGROUP INC 16,427 16,887
    AUTOMATIC DATA PROC 22,800 22,909
    AVON PRODUCTS INC 16,010 14,530
    BB&T CORPORATION 13,438 14,591
    CR BARD INC 10,999 12,389
    BAXTER INTL INC 21,646 22,526
    CME GROUP INC 16,934 20,914
    CARBO CERAMICS INC 9,744 9,836
    CENTURYTEL INC 10,451 12,235
    COSTCO WHOLESALE 13,255 14,803
    CREE RESEARCH INC 13,173 15,814
    DEERE & CO 33,709 37,372
    DENTSPLY INTL INC 9,790 10,422
    EAST WEST BANCORP 10,090 12,316
    FIRST SOLAR INC 10,920 9,760
    FORD MOTOR CO 11,518 11,837
    GOOGLE INC 26,421 29,698
    GRAINGER W W INC 26,963 29,694
    HOME DEPOT INC 13,802 15,251
    ITRON INC COM 16,154 14,694
    JOHNSON CONTROLS 22,001 27,504
    JUNIPER NETWORKS 11,568 13,845
    KONINKLIJKE PHILIPS 21,846 21,183
    KRAFT FOODS INC 16,221 16,228
    MCCORMICK & CO 10,472 11,865
    NETAPP INC 13,661 14,839
    PNC FINANCIAL SVCS 19,914 23,074
    PERRIGO CO 20,173 19,949
    T ROWE PRICE GROUP 15,629 20,330
    ST JUDE MEDICAL INC 16,830 18,382
    SAP AG ADR 10,939 10,881
    SCHNITZER STEEL INDS 15,820 20,581
    STAPLES INC 15,932 17,533
    TARGET CORP 11,705 11,725
    TENARIS SA-ADR 24,032 28,163
    THERMO FISHER 20,955 24,082
    TIME WARNER INC NEW 11,052 11,259
    TIME WARNER CABLE 29,981 36,316
    US BANCORP 23,132 28,723
    VEOLIA ENVIRONMENT 16,095 17,910
    VESTAS WIND SYS ADR 9,163 8,234
    VISA INC 15,915 15,132
    ZIMMER HOLDINGS INC 15,846 16,372
    ALCON INC 12,556 12,255

    TY 2010 InvestmentsOtherSchedule2
    Name:
    DISCUREN CHARITABLE FOUNDATION
    EIN: 20-2046554
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    HARBOR INT'L FUND AT COST 2,376,259 2,575,521
    VANGUARD S/T INVESTMENT FUND AT COST 368,082 376,829
    VANGUARD INFL - ADM AT COST 353,291 364,159
    VANGUARD GNMA FD-ADM AT COST 992,855 1,000,592
    VANGUARD I-T INV GRD AT COST 1,068,768 1,081,789
    T ROWE PRICE SMALL CAP VALUE AT COST 153,182 157,587
    ING GLOBAL REAL ESTATE AT COST 325,344 374,318
    EATON VANCE TAX-MGD AT COST 453,480 513,819

    TY 2010 LegalFeesSchedule
    Name:
    DISCUREN CHARITABLE FOUNDATION
    EIN: 20-2046554
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 29,816 2,982   26,834


    TY 2010 OtherDecreasesSchedule
    Name:
    DISCUREN CHARITABLE FOUNDATION
    EIN: 20-2046554
    Description Amount
    ACCRUED INCOME - '10 REC'D '11 15,487
    MISCELLANEOUS ADJUSTMENTS/ROUNDING 33


    TY 2010 OtherExpensesSchedule
    Name:
    DISCUREN CHARITABLE FOUNDATION
    EIN: 20-2046554
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVT MGMT FEES 62,513 56,262   6,251
    ADVENT SOFTWARE 750 0   750
    MEMBERSHIP DUES 6,820 0   6,820
    REGISTERED AGENT SVC 125 0   125
    PROGRAM MGMT FEES 3,954 0   3,954


    TY 2010 OtherIncomeSchedule2
    Name:
    DISCUREN CHARITABLE FOUNDATION
    EIN: 20-2046554
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FEDERAL EXCISE TAX REFUND 14,032 0  


    TY 2010 OtherIncreasesSchedule
    Name:
    DISCUREN CHARITABLE FOUNDATION
    EIN: 20-2046554
    Description Amount
    ACCRUED INCOME - '09 REC'D '10 7


    TY 2010 TaxesSchedule
    Name:
    DISCUREN CHARITABLE FOUNDATION
    EIN: 20-2046554
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 5,615 5,615   0