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
KEITH & MARY KAY MCCAW
FAMILY FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)201 TERRY AVENUE NORTH SUITE A   Room/suite
City or town, state, and ZIP code
SEATTLE, WA981095208
A Employer identification number

91-1920617
B Telephone number (see page 10 of the instructions)

(206) 282-1001
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$27,328,899J 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 Check bullet
3 Interest on savings and temporary cash investments 394,691 394,691  
4 Dividends and interest from securities...... 301,610 301,610  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 223,276
b Gross sales price for all assets on line 6a 7,371,963
7 Capital gain net income (from Part IV, line 2)... 223,276
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 919,577 919,577  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 586 293   293
b Accounting fees (attach schedule)....... Click to see attachment 3,800 1,900   1,900
c Other professional fees (attach schedule).... Click to see attachment 83,466 83,466    
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 22,362 6,025    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 35     35
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 110,249 91,684   2,228
25 Contributions, gifts, grants paid........ 1,471,750 1,471,750
26 Total expenses and disbursements. Add lines 24 and 25 1,581,999 91,684   1,473,978
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -662,422
b Net investment income (if negative, enter -0-) 827,893
c Adjusted net income (if negative, enter -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............... 3,124,913 1,639,209 1,639,209
2 Savings and temporary cash investments.......... 600,584 877,623 877,623
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see 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...........      
10a Investments—U.S. and state government obligations (attach schedule) 7,495,658 7,570,164 7,570,164
b Investments—corporate stock (attach schedule)........ 5,172,930 Click to see attachment5,779,865 5,779,865
c Investments—corporate bonds (attach schedule)........ 5,525,131 Click to see attachment4,338,896 4,338,896
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 4,707,468 Click to see attachment7,123,142 7,123,142
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) 26,626,684 27,328,899 27,328,899
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.................... 26,626,684 27,328,899
25 Temporarily restricted................    
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).................... 26,626,684 27,328,899
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 26,626,684 27,328,899
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 26,626,684
2 Enter amount from Part I, line 27a...................... 2 -662,422
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 1,364,637
4 Add lines 1, 2, and 3.......................... 4 27,328,899
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 27,328,899
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 UNITED STATES TREAS NTS NT 2.5% DUE P 2010-05-10 2010-09-08
b UNITED STATES TREAS NTS DTD 00231 3. P 2009-07-08 2010-06-15
c CREDIT SUISSE FIRST BOSTON USA INC N P 2007-03-15 2010-08-16
d ABBOTT LABS 5.875% DUE 05-15-2016 P 2006-09-08 2010-05-25
e BOTTLING GROUP LLC 5.5% DUE 04-01-20 P 2009-01-23 2010-01-11
INTERNATIONAL BUSINESS MACHS CORP CO P 2008-06-13 2010-03-05
CUMMINS INC P 2009-09-02 2010-12-17
BANK OF AMERICA CORP P 2010-03-05 2010-12-03
MICROSOFT CORP COM P 2008-03-06 2010-06-11
TJX COS INC COM NEW P 2008-04-25 2010-12-20
SYSCO CORP COM P 2010-06-11 2010-11-19
PEPSICO INC 4.5% DUE 01-15-2020 P 2010-01-11 2010-07-08
WAL-MART STORES 2.875% DUE 04-01-201 P 2010-03-24 2010-06-30
TOYOTA MOTOR CREDIT CORP 4.5 DUE P 2010-06-14 2010-10-25
PEPSICO INC 7.9% DUE 11-01-2018 P 2008-10-22 2010-11-02
US TREAS NTS 1.875 DUE 06-30-2015 P 2010-07-08 2010-12-02
KOHLS CORP COM P 2009-01-27 2010-01-12
JPMORGAN CHASE & CO COM P 2008-02-04 2010-01-12
ADOBE SYS INC COM P 2006-10-10 2010-10-04
MICROSOFT CORP COM P 2006-04-24 2010-06-11
WAL-MART STORES INC COM P 2008-09-04 2010-04-08
ADOBE SYS INC COM P 2006-10-10 2010-06-11
MEDTRONIC INC 4.45% DUE 03-15-2020 P 2010-03-12 2010-07-08
US TREAS NTS .875 DUE 01-31-2011 REG P 2009-07-14 2010-03-25
BP CAP MARKETS PLC 5.25% DUE 11-07-2 P 2010-05-05 2010-11-19
HEWLETT PACKARD CO 2.125% DUE 09-13- P 2010-09-08 2010-11-30
UNITED STATES TREAS NTS US TREASURY P 2009-01-22 2010-09-09
GOLDMAN SACHS GROUP INC COM P 2009-03-16 2010-05-03
JPMORGAN CHASE & CO COM P 2008-04-04 2010-01-12
ADOBE SYS INC COM P 2008-03-06 2010-10-04
VERIZON COMMUNICATIONS COM P 2006-01-18 2010-07-15
CUMMINS INC P 2009-09-02 2010-09-09
ADOBE SYS INC COM P 2006-10-06 2010-06-11
SHELL INTL FIN B V 4.3% DUE 09-22-20 P 2009-09-15 2010-07-20
UNITED STATES TREAS NTS NT 2.5% DUE P 2010-05-10 2010-06-17
BP CAP MARKETS PLC 5.25% DUE 11-07-2 P 2010-06-03 2010-11-19
WALGREEN CO NT 5.25 DUE 01-15-2019 R P 2009-01-08 2010-06-22
US TREAS NTS .875 DUE 01-31-2011 REG P 2009-07-14 2010-01-05
SCHWAB CHARLES CORP COM NEW P 2008-10-06 2010-11-02
AMAZON COM INC COM P 2009-05-27 2010-11-19
CUMMINS INC P 2009-09-02 2010-09-13
VERIZON COMMUNICATIONS COM P 2006-04-10 2010-07-15
SCHWAB CHARLES CORP COM NEW P 2008-09-04 2010-02-04
PEPSICO INC 4.5% DUE 01-15-2020 P 2010-01-11 2010-10-19
US TREAS NTS .875 DUE 01-31-2011 REG P 2009-07-14 2010-06-03
PROCTER & GAMBLE CO NT 4.6% DUE P 2009-01-23 2010-05-05
INTL LEASE FIN CORP- MEDIUM TER TRAN P 2007-01-12 2010-10-19
ABBOTT LABS 4.125% DUE 05-27-2020 P 2010-05-25 2010-07-08
SCHWAB CHARLES CORP COM NEW P 2008-05-15 2010-11-02
AMAZON COM INC COM P 2009-04-16 2010-11-19
AIR PROD & CHEM INC COM P 2008-03-06 2010-02-22
VERIZON COMMUNICATIONS COM P 2008-03-06 2010-07-15
SCHWAB CHARLES CORP COM NEW P 2008-05-15 2010-02-04
UNITED STATES TREAS NTS NT 2.5% DUE P 2010-05-10 2010-07-08
UNITED STATES TREAS NTS DTD 00231 3. P 2009-07-08 2010-03-23
UNITED STATES TREAS NTS 3.50 DUE P 2010-07-08 2010-09-13
INTL LEASE FIN CORP- MEDIUM TER TRAN P 2006-11-06 2010-10-19
PROTECTIVE LIFE SECD TRS SECD MEDIUM P 2006-01-19 2010-08-16
QUALCOMM INC COM P 2009-09-02 2010-04-26
CUMMINS INC P 2009-09-02 2010-09-10
AIR PROD & CHEM INC COM P 2007-08-30 2010-02-22
ABBOTT LAB COM P 2007-01-12 2010-06-02
SIGMA-ALDRICH CORP COM P 2008-01-23 2010-03-24
UNITED STATES TREAS NTS NT 2.5% DUE P 2010-05-10 2010-07-08
PEPSICO INC 7.9% DUE 11-01-2018 P 2008-10-22 2010-11-04
UNITED STATES TREAS NTS DTD 00302 1. P 2010-08-17 2010-12-02
NUCOR CORP 5.75% DUE 12-01-2017 P 2008-10-29 2010-09-16
PROTECTIVE LIFE SECD TRS SECD MEDIUM P 2005-08-08 2010-08-16
SCHWAB CHARLES CORP COM NEW P 2008-10-06 2010-11-03
PG& E CORP COM P 2008-10-06 2010-09-13
TRANSOCEAN LTD P 2006-03-22 2010-05-03
ABBOTT LAB COM P 2005-01-11 2010-06-02
KELLOGG CO COM USD0.25 P 2006-11-06 2010-08-19
FNMA FEDERAL NATL MTG 2.5 04-09-2010 P 2009-01-22 2010-04-09
UNITED STATES TREAS NTS DTD 00176 4. P 2008-04-28 2010-03-12
UTD TECHNOLOGIES 5.375% DUE 12-15-20 P 2009-01-23 2010-02-23
MEDTRONIC INC 4.45% DUE 03-15-2020 P 2010-03-12 2010-11-17
GOLDMAN SACHS GROUP INC COM P 2009-04-02 2010-03-05
FRONTIER COMMUNICATIONS CORP COM P 2008-03-06 2010-07-02
PG& E CORP COM P 2008-03-06 2010-09-13
MOSAIC CO COM P 2009-05-27 2010-04-26
GOLDMAN SACHS GROUP INC COM P 2009-04-02 2010-02-04
CVS CAREMARK CORP COM STK P 2009-08-13 2010-06-11
FNMA FEDERAL NATL MTG 2.5 04-09-2010 P 2008-09-25 2010-04-09
UNITED STATES TREAS NTS DTD 00176 4. P 2009-01-22 2010-03-12
UTD TECHNOLOGIES 5.375% DUE 12-15-20 P 2007-12-04 2010-02-23
UNITED STATES TREAS NTS DTD 00178 3. P 2008-01-28 2010-12-08
GOLDMAN SACHS GROUP INC COM P 2009-03-16 2010-03-05
REORG/FPL GROUP INC NAME CHANGE NEX P 2008-07-29 2010-03-30
PG& E CORP COM P 2007-05-31 2010-09-13
MOSAIC CO COM P 2010-02-22 2010-04-26
KELLOGG CO COM USD0.25 P 2007-01-12 2010-06-11
FRONTIER COMMUNICATIONS CORP COM P 2006-04-10 2010-07-09
FNMA FEDERAL NATL MTG 2.5 04-09-2010 P 2008-02-12 2010-04-09
LOWES COS INC 5.6% DUE 09-15-2012 P 2007-10-02 2010-05-10
DEUTSCHE BK AG 3.45% DUE 03-30-2015 P 2010-03-23 2010-11-22
UNITED STATES TREAS NTS DTD 00178 3. P 2007-12-11 2010-12-08
WAL-MART STORES INC COM P 2008-09-04 2010-02-04
APPLE INC COM STK P 2009-05-27 2010-07-15
US BANCORP P 2008-04-25 2010-04-08
ADR BHP BILLITON LTD SPONSORED ADR P 2010-02-22 2010-06-02
KELLOGG CO COM USD0.25 P 2006-11-06 2010-06-11
FRONTIER COMMUNICATIONS CORP COM P 2008-03-06 2010-07-09
FNMA FEDERAL NATL MTG 2.5 04-09-2010 P 2008-02-29 2010-04-09
CATERPILLAR FINL 5.05% DUE 12-01-201 P 2006-01-19 2010-04-30
INTL BUSINESS 2.1% DUE 05-06-2013 P 2009-11-04 2010-05-10
UNITED STATES TREAS NTS UNITED STATE P 2008-07-25 2010-12-08
HEWLETT PACKARD CO COM P 2009-01-16 2010-05-07
ADR TEVA PHARMACEUTICAL INDS P 2009-02-10 2010-05-07
ITT CORP INC COM P 2007-01-12 2010-01-12
HEWLETT PACKARD CO COM P 2009-01-16 2010-10-04
KELLOGG CO COM USD0.25 P 2006-11-06 2010-08-20
FRONTIER COMMUNICATIONS CORP COM P 2006-01-18 2010-07-09
DEUTSCHE BK AG 2.375% DUE 01-11-2013 P 2010-01-05 2010-03-23
CATERPILLAR FINL 5.05% DUE 12-01-201 P 2008-01-29 2010-04-30
UTD TECHNOLOGIES 4.5% DUE 04-15-2020 P 2010-02-23 2010-07-08
MERRILL LYNCH & CO INC MEDIUM TERM N P 2008-04-22 2010-05-06
HEWLETT PACKARD CO COM P 2007-01-12 2010-05-07
JOHNSON & JOHNSON COM USD1 P 2005-10-07 2010-07-22
ITT CORP INC COM P 2006-01-18 2010-01-12
HEWLETT PACKARD CO COM P 2006-05-30 2010-10-04
SIGMA-ALDRICH CORP COM P 2008-01-23 2010-03-22
TJX COS INC COM NEW P 2008-04-25 2010-12-17
US TREAS NTS .875 DUE 01-31-2011 REG P 2009-07-14 2010-03-12
CATERPILLAR FINL 5.05% DUE 12-01-201 P 2005-11-30 2010-04-30
UNITED STATES TREAS NTS DTD 00302 1. P 2010-08-17 2010-09-08
SHELL INTL FIN B V 4.3% DUE 09-22-20 P 2009-09-15 2010-07-08
MEDCO HEALTH SOLUTIONS INC COM P 2006-06-23 2010-02-04
JOHNSON & JOHNSON COM USD1 P 2006-05-08 2010-07-22
ITT CORP INC COM P 2004-11-04 2010-01-12
CISCO SYSTEMS INC P 2006-11-07 2010-11-19
ADR ABB LTD SPONSORED ADR P 2009-10-22 2010-05-05
JOHNSON CTL INC COM P 2009-09-10 2010-07-22
AT&T INC 4.85% DUE 02-15-2014 P 2009-01-30 2010-07-27
US TREAS NTS DTD 1/31/10 2.25 DUE P 2010-02-02 2010-06-17
PHILIP MORRIS INTL 4.5% DUE 03-26-20 P 2010-03-23 2010-11-12
UNITED STATES TREAS NTS T-NT 1% DUE P 2009-09-24 2010-01-05
MEDCO HEALTH SOLUTIONS INC COM P 2007-01-12 2010-02-04
JOHNSON & JOHNSON COM USD1 P 2006-01-18 2010-07-22
ITT CORP INC COM P 2005-10-31 2010-01-12
CISCO SYSTEMS INC P 2006-04-24 2010-11-19
SIGMA-ALDRICH CORP COM P 2008-01-23 2010-03-23
JOHNSON CTL INC COM P 2010-01-12 2010-07-22
US TREAS NTS BILLS OF EXCHANGE 15/01 P 2009-01-22 2010-09-14
CREDIT SUISSE FIRST BOSTON USA INC N P 2006-09-08 2010-08-16
ABBOTT LABS 5.875% DUE 05-15-2016 P 2007-03-15 2010-05-25
BOTTLING GROUP LLC 5.5% DUE 04-01-20 P 2006-03-27 2010-01-11
INTERNATIONAL BUSINESS MACHS CORP CO P 2008-08-07 2010-03-05
JOHNSON & JOHNSON COM USD1 P 2007-01-12 2010-07-22
BANK OF AMERICA CORP P 2010-04-08 2010-12-03
CISCO SYSTEMS INC P 2006-11-06 2010-11-19
SYSCO CORP COM P 2010-06-11 2010-11-19
KELLOGG CO COM USD0.25 P 2006-11-06 2010-08-18
(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 52,596   50,559 2,037
b 99,675   97,672 2,003
c 50,000   49,882 118
d 137,791   123,230 14,561
e 54,460   51,726 2,734
27,864   27,594 270
43,574   18,088 25,486
36,647   52,731 -16,084
22,224   24,437 -2,213
30,036   22,316 7,720
62,818   67,292 -4,474
37,120   34,883 2,237
61,713   59,585 2,128
110,957   99,610 11,347
30,895   24,115 6,780
116,805   115,337 1,468
51,199   37,384 13,815
69,159   73,433 -4,274
22,692   33,264 -10,572
2,159   2,313 -154
35,472   38,733 -3,261
20,276   24,381 -4,105
52,953   50,112 2,841
60,244   60,160 84
135,750   136,434 -684
75,107   74,915 192
79,081   79,805 -724
51,618   33,952 17,666
7,394   7,803 -409
28,107   35,948 -7,841
26,714   28,062 -1,348
9,231   5,084 4,147
3,144   3,792 -648
181,381   174,395 6,986
10,246   10,119 127
65,160   59,700 5,460
78,051   69,634 8,417
10,043   10,027 16
7,662   10,390 -2,728
27,565   13,207 14,358
26,029   13,903 12,126
29,386   33,428 -4,042
713   949 -236
82,970   74,749 8,221
60,215   60,160 55
81,162   80,110 1,052
30,150   30,128 22
77,947   75,201 2,746
25,233   36,865 -11,632
29,206   13,565 15,641
56,848   74,680 -17,832
4,942   6,162 -1,220
30,907   39,001 -8,094
62,039   60,713 1,326
96,332   97,672 -1,340
95,916   93,555 2,361
90,450   89,837 613
75,000   75,012 -12
57,859   68,975 -11,116
13,796   7,559 6,237
24,413   30,921 -6,508
9,356   10,024 -668
5,748   5,098 650
25,850   25,279 571
9,440   7,339 2,101
126,113   126,885 -772
116,204   88,645 27,559
25,000   24,992 8
9,966   13,602 -3,636
35,428   29,302 6,126
41,579   47,292 -5,713
17,076   17,271 -195
21,340   21,233 107
200,000   204,132 -4,132
31,969   30,860 1,109
54,075   51,855 2,220
53,561   50,112 3,449
6,655   4,564 2,091
4   5 -1
12,247   10,520 1,727
49,230   52,409 -3,179
46,417   34,798 11,619
42,995   47,572 -4,577
300,000   300,000  
26,641   28,377 -1,736
81,113   74,855 6,258
158,214   153,850 4,364
22,128   13,013 9,115
58,091   77,400 -19,309
37,615   42,558 -4,943
34,937   40,201 -5,264
5,361   5,042 319
1,940   2,253 -313
50,000   49,880 120
76,816   71,000 5,816
104,533   99,777 4,756
101,257   95,978 5,279
47,013   53,258 -6,245
51,008   27,380 23,628
36,809   47,502 -10,693
22,946   27,107 -4,161
15,010   13,891 1,119
323   411 -88
15,000   15,016 -16
20,513   20,136 377
101,134   99,932 1,202
53,379   49,832 3,547
16,268   12,074 4,194
53,172   39,208 13,964
5,986   7,202 -1,216
12,160   10,499 1,661
22,093   22,076 17
1,764   1,892 -128
85,127   84,917 210
25,642   26,136 -494
53,772   49,751 4,021
53,894   49,934 3,960
23,578   21,460 2,118
34,357   36,840 -2,483
34,921   36,300 -1,379
60,798   48,338 12,460
34,757   30,543 4,214
64,951   48,497 16,454
50,209   50,133 76
30,770   29,975 795
76,157   76,131 26
102,492   99,654 2,838
35,177   15,683 19,494
5,726   5,876 -150
24,943   20,903 4,040
16,269   20,692 -4,423
44,136   51,582 -7,446
23,941   21,432 2,509
109,977   100,729 9,248
126,845   124,317 2,528
108,216   98,717 9,499
75,167   75,079 88
5,863   2,732 3,131
5,726   6,198 -472
14,966   15,087 -121
9,507   9,952 -445
22,496   19,870 2,626
27,658   27,639 19
131,274   130,066 1,208
50,000   50,000  
34,448   31,364 3,084
65,352   59,913 5,439
1,272   1,291 -19
2,577   2,991 -414
22,868   36,797 -13,929
28,422   35,090 -6,668
804   862 -58
35,479   34,578 901
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       2,037
b       2,003
c       118
d       14,561
e       2,734
      270
      25,486
      -16,084
      -2,213
      7,720
      -4,474
      2,237
      2,128
      11,347
      6,780
      1,468
      13,815
      -4,274
      -10,572
      -154
      -3,261
      -4,105
      2,841
      84
      -684
      192
      -724
      17,666
      -409
      -7,841
      -1,348
      4,147
      -648
      6,986
      127
      5,460
      8,417
      16
      -2,728
      14,358
      12,126
      -4,042
      -236
      8,221
      55
      1,052
      22
      2,746
      -11,632
      15,641
      -17,832
      -1,220
      -8,094
      1,326
      -1,340
      2,361
      613
      -12
      -11,116
      6,237
      -6,508
      -668
      650
      571
      2,101
      -772
      27,559
      8
      -3,636
      6,126
      -5,713
      -195
      107
      -4,132
      1,109
      2,220
      3,449
      2,091
      -1
      1,727
      -3,179
      11,619
      -4,577
       
      -1,736
      6,258
      4,364
      9,115
      -19,309
      -4,943
      -5,264
      319
      -313
      120
      5,816
      4,756
      5,279
      -6,245
      23,628
      -10,693
      -4,161
      1,119
      -88
      -16
      377
      1,202
      3,547
      4,194
      13,964
      -1,216
      1,661
      17
      -128
      210
      -494
      4,021
      3,960
      2,118
      -2,483
      -1,379
      12,460
      4,214
      16,454
      76
      795
      26
      2,838
      19,494
      -150
      4,040
      -4,423
      -7,446
      2,509
      9,248
      2,528
      9,499
      88
      3,131
      -472
      -121
      -445
      2,626
      19
      1,208
       
      3,084
      5,439
      -19
      -414
      -13,929
      -6,668
      -58
      901
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 2 223,276
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 49,717
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 1,116,457 25,284,012 0.044157
2008 1,198,047 24,957,412 0.048004
2007 204,434 26,849,106 0.007614
2006 787,436 22,239,407 0.035407
2005 565,932 12,761,919 0.044345
2 Total of line 1, column (d) ...................... 2 0.179527
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 0.035905
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 26,427,457
5 Multiply line 4 by line 3....................... 5 948,878
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 8,279
7 Add lines 5 and 6......................... 7 957,157
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,473,978
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 8,279
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 8,279
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 8,279
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 15,200
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 2,500
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 17,700
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 9,421
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet0 Refunded Bullet 11 9,421
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 addressbulletN/A
    14
    The books are in care ofbulletDEBRA TAWNEY STROH Telephone no.bullet (206) 282-1001
    Located atbullet201 TERRY AVENUE NORTH SUITE ASEATTLEWA ZIP+4bullet98109
    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
     
     
    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
     
     
    .........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
    MARY KAY MCCAWClick to see attachment PRESIDENT &
    10.00     		0 0 0
    201 TERRY AVENUE NORTH SUITE A
    SEATTLE,WA98109
    DEBRA TAWNEY STROHClick to see attachment VICE PRESIDE
    10.00     		0 0 0
    201 TERRY AVENUE NORTH SUITE A
    SEATTLE,WA98109
    JOSEPH D WEINSTEINClick to see attachment SECRETARY
    10.00     		0 0 0
    1201 THIRD AVENUE 2200
    SEATTLE,WA98101
    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  
    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
    NORTHERN TRUST BANK INVESTMENT MGRS 83,466
    1414 4TH AVENUE
    SEATTLE,WA98101
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    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 N/A  
    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
    23,495,470
    b
    Average of monthly cash balances.......................
    1b
    3,334,436
    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
    26,829,906
    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
    26,829,906
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    402,449
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    26,427,457
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    1,321,373
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,321,373
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    8,279
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,279
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,313,094
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4.............................
    5
    1,313,094
    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
    1,313,094
    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
    1,473,978
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes................................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,473,978
    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
    8,279
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    1,465,699
    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 1,313,094
    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....... 206,367
    c From 2007.......  
    d From 2008.......  
    e From 2009.......  
    fTotal of lines 3a through e......... 206,367
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 1,473,978
    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..... 1,313,094
    e Remaining amount distributed out of corpus 160,884
    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 5 367,251
    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 ..........     		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) ...........     		 
    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 ......     		367,251
    10 Analysis of line 9:
    a Excess from 2006.... 206,367
    b Excess from 2007....  
    c Excess from 2008....  
    d Excess from 2009....  
    e Excess from 2010.... 160,884
    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).)
    MARY KAY MCCAW
    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
    STANFORD UNIVERSITY
    P O BOX 20466
    STANFORD,CA94309     		NONE 501(C)(3) & UNDERGRADUATE EDUCATION FUND 50,000
    CANINE COMPANIONS FOR IND
    P O BOX 446
    SANTA ROSA,CA95402     		NONE 501(C)(3) & COMPANION ANIMAL TRAINING 5,000
    STANFORD UNIVERSITY
    P O BOX 20466
    STANFORD,CA94309     		NONE 501(C)(3) & UNDERGRADUATE EDUCATION FUND 25,000
    WORLD WILDLIFE FUND
    1250 - 24TH ST NW P O
    WASHINGTON,DC20037     		NONE 501(C)(3) & ENDANGERED SPECIES FUND 1,000
    WORLD WILDLIFE FUND
    1250 - 24TH ST NW P O
    WASHINGTON,DC20037     		NONE 501(C)(3) & ENDANGERED SPECIES FUND 4,000
    OCEAN CONSERVANCY
    1300 - 19TH STREET NW 8T
    WASHINGTON,DC20036     		NONE 501(C)(3) & OCEAN CONSERVATION 1,000
    THE USO
    P O BOX 96860
    WASHINGTON,DC20090     		NONE 501(C)(3) & MILITARY MORALE SUPPORT 5,000
    ANIMAL SHELTER OF WOOD RI
    P O BOX 1496
    HAILEY,ID83340     		NONE 501(C)(3) & ANIMAL SHELTER & EDUCATION 5,000
    SUN VALLEY SKI EDUCATION
    P O BOX 228
    SUN VALLEY,ID83353     		NONE 501(C)(3) & EDUCATION PROGRAM 5,000
    KETCHUMSUN VALLEY VOLUNT
    P O BOX 966
    KETCHUM,ID83340     		NONE 501(C)(3) & PROGRAMS FOR VOLUNTEER FIREFIGHTERS 5,000
    BOSTON COLLEGE - POP HEIG
    140 COMMONWEALTH AVENUE
    CHESTNUT HILL,MA02467     		NONE 501(C)(3) & SCHOLARSHIP FUND - UNIVERSITY 10,000
    BOSTON COLLEGE - LIGHT TH
    140 COMMONWEALTH AVENUE
    CHESTNUT HILL,MA02467     		NONE 501(C)(3) & SCHOLARSHIP FUND - UNIVERSITY 40,000
    DANA FARBER CANCER INSTIT
    10 BROOKLINE PLACE W 6TH
    BROOKLINE,MA02445     		NONE 501(C)(3) & MEDICAL RESEARCH 5,000
    CYSTIC FIBROSIS FOUNDATIO
    6931 ARLINGTON ROAD
    BETHESDA,MD20814     		NONE 501(C)(3) & MEDICAL RESEARCH 50,000
    DOCTORS WITHOUT BORDERS
    333 SEVENTH AVENUE 2ND F
    NEW YORK,NY10001     		NONE 501(C)(3) & MEDICAL CARE 10,000
    SMILE TRAIN THE
    41 MADISON AVENUE 28TH F
    NEW YORK,NY10010     		NONE 501(C)(3) & CLEFT REPAIR SURGERY ASSISTANCE 5,000
    GUIDE DOG FOUNDATION FOR
    371 E MAINT STREET JERIC
    SMITHTOWN,NY11787     		NONE 501(C)(3) & GUIDE DOGS FOR THE BLIND ASSIST 5,000
    MASTERS SCHOOOL
    49 CLINTON AVENUE
    DOBBS FERRY,NY10522     		NONE 501(C)(3) & SCHOLARSHIPS FUND 5,000
    ST JUDE CHILDREN'S HOSPI
    P O BOX 810
    MEMPHIS,TN38101     		NONE 501(C)(3) & MEDICAL RESEARCH 5,000
    TIGER HAVEN
    P O BOX 50550
    KNOXVILLE,TN37950     		NONE 501(C)(3) & ANIMAL SANCTUARY 5,000
    ST JUDE CHILDREN'S HOSPI
    P O BOX 810
    MEMPHIS,TN38101     		NONE 501(C)(3) & MEDICAL RESEARCH 50,000
    SUSAN G KOMEN BREAST CAN
    P O BOX 650309
    DALLAS,TX75265     		NONE 501(C)(3) & BREAST CANCER RESEARCH 5,000
    CHILD FUND INTERNATIONAL
    P O BOX 26511
    RICHMOND,VA23286     		NONE 501(C)(3) & THIRD-WORLD CHILD ASSISTANCE 1,000
    CHILD FUND INTERNATIONAL
    P O BOX 26511
    RICHMOND,VA23286     		NONE 501(C)(3) & THIRD-WORLD CHILD ASSISTANCE 5,000
    THERESA MULLALLY LOSH GUI
    P O BOX 50020-S-200
    SEATTLE,WA98145     		NONE 501(C)(3) & MEDICAL CARE FOR CHILDREN 500
    KIWANIS MEMORIAL FUND
    P O BOX 31033
    SEATTLE,WA98103     		NONE 501(C)(3) & CAMP PHYSICALLY DISABLED KIDS 1,000
    JUVENILE DIABETES RESEARC
    1200 SIXTH AVENUE SUITE
    SEATTLE,WA98101     		NONE 501(C)(3) & JUVENILE DIABETES RESEARCH 15,000
    RECOVERY CAF
    2301 SECOND AVENUE
    SEATTLE,WA98121     		NONE 501(C)(3) & DRUG/ALCOHOL/MENTAL DISEASE ASSISTAN 30,000
    SEATTLE CHILDREN'S THEATR
    201 THOMAS STREET
    SEATTLE,WA98109     		NONE 501(C)(3) & PERFORMANCE ARTS 25,000
    YMCA PARTNERS WYOUTH 201
    909 FOURTH AVENUE
    SEATTLE,WA98104     		NONE 501(C)(3) & CHILDREN'S ASSISTANCE PROGRAM 10,000
    EASTSIDE DOMESTIC VIOLENC
    P O BOX 6398
    BELLEVUE,WA98008     		NONE 501(C)(3) & DOMESTIC VIOLENCE SHELTER 50,000
    TEAM SURVIVOR NORTHWEST
    200 NE PACIFIC STREET SU
    SEATTLE,WA98105     		NONE 501(C)(3) & FITNESS & HEALTH EDUCATION FOR CANCE 5,000
    CORNISH COLLEGE OF THE AR
    1000 LENORA STREET
    SEATTLE,WA98121     		NONE 501(C)(3) & SCHOLARSHIPS FUND 1,000
    HENRY ART GALLERY
    P O BOX 351410
    SEATTLE,WA98101     		NONE 501(C)(3) & SCHOLARSHIPS FUND 5,000
    SENIOR SERVICES
    2208 SECOND AVENUE
    SEATTLE,WA98121     		NONE 501(C)(3) & SENIOR SERVICE ASSISTANCE 5,000
    KCTS9
    401 MERCER STREET
    SEATTLE,WA98109     		NONE 501(C)(3) & PUBLIC TELEVISION 1,000
    NOAH ANIMAL ADOPTION
    31300 BRANDSTROM ROAD
    STANWOOD,WA98292     		NONE 501(C)(3) & ANIMAL SHELTER CARE 5,000
    THE FILM SCHOOL
    2828 BOYER AVENUE E
    SEATTLE,WA98102     		NONE 501(C)(3) & FILM SCHOOL 150,000
    THE MOUNTAINS TO SOUND GR
    911 WESTERN AVENUE SUITE
    SEATTLE,WA98104     		NONE 501(C)(3) & GREENWAY LEGACY FOR PUBLIC REC 5,000
    THE FUNHOUSE
    30 PEA PATCH LANE
    EASTSOUND,WA98245     		NONE 501(C)(3) & CHILDREN'S EDUCATIONAL PROGRAMS 10,000
    SEATTLE AQUARIUM SOCIETY
    1415 WESTERN AVENUE SUIT
    SEATTLE,WA98101     		NONE 501(C)(3) & MARINE LIFE AQUARIUM ED/PRESERVATION 10,000
    SNOW LEOPARD'S TRUST
    4649 SUNNYSIDE AVENUE N
    SEATTLE,WA981039986     		NONE 501(C)(3) & PROTECTION FOR SNOW LEOPARDS 5,000
    SWEDISH MEDICAL CENTER FO
    P O BOX 22100
    SEATTLE,WA98101     		NONE 501(C)(3) & NEONATAL FACILITY FUNDRAISER 5,000
    PRATT FINE ARTS CENTER
    1902 S MAIN
    SEATTLE,WA98144     		NONE 501(C)(3) & ARTS SCHOOL - ENDOWMENT FUND 5,000
    CHILDHAVEN
    316 BROADWAY
    SEATTLE,WA98122     		NONE 501(C)(3) & SHELTER/CARE FOR CHILDREN 5,000
    CONSERVATION INTERNATIONA
    313 E MADISON STREET 20
    SEATTLE,WA98122     		NONE 501(C)(3) & LAND CONSERVATION 100,000
    WOODLAND PARK ZOO
    601 N 59TH STREET
    SEATTLE,WA98103     		NONE 501(C)(3) & ZOO/WILDLIFE PRESERVATION/EDUCATION 10,000
    SEATTLE ART MUSEUM
    1300 FIRST AVENUE
    SEATTLE,WA98101     		NONE 501(C)(3) & PERFORMANING ARTS 10,000
    SEATTLE UNIVERSITY
    P O BOX 222000
    SEATTLE,WA98122     		NONE 501(C)(3) & SCHOLARSHIP FUND 1,000
    AMERICAN RED CROSS
    P O BOX 3097
    SEATTLE,WA98144     		NONE 501(C)(3) & DISASTER RELIEF ASSISTANCE 10,000
    THE BLOEDEL RESERVE
    7571 NE DOLPHIN DIVE
    BAINBRIDGE ISLAND,WA98110     		NONE 501(C)(3) & PERSERVE THE RESERVE 5,000
    THE SEATTLE PUBLIC LIBRAR
    1000 FOURTH AVENUE
    SEATTLE,WA98104     		NONE 501(C)(3) & LIBRARY MATERIALS/NEEDS FOR PUBLIC U 1,000
    VOLUNTEERS OF AMERICA
    9041 GREENWOOD AVENUE N
    SEATTLE,WA98103     		NONE 501(C)(3) & SENIOR ASSISTANCE PROGRAM 5,000
    PURRFECT PALS CAT SHELTER
    230 MCRAE ROAD NE
    ARLINGTON,WA98223     		NONE 501(C)(3) & ANIMAL SHELTER 1,000
    CONSERVATION INTERNATIONA
    313 E MADISON STREET 20
    SEATTLE,WA98112     		NONE 501(C)(3) & LAND CONSERVATION 100,000
    NORTHWEST FILM FORUM
    1515 - 12TH AVENUE
    SEATTLE,WA98122     		NONE 501(C)(3) & FILM DOCUMENTARIES 10,000
    SEATTLE UNIVERSITY
    P O BOX 222000
    SEATTLE,WA98122     		NONE 501(C)(3) & SCHOLARSHIP FUND - UNIVERSITY 5,000
    BAILEY-BOUSHAY HOUSE
    2720 MADISON
    SEATTLE,WA98112     		NONE 501(C)(3) & HIV PATIENT ASSISTANCE/CARE 5,000
    BEHIND THE BADGE FOUNDATI
    P O BOX 2047
    ISSAQUAH,WA98027     		NONE 501(C)(3) & LINE OF DUTY FAMILY SUPPORT FOR 5,000
    CHILDREN'S HOSPITAL FOUND
    P O BOX 50020-S-200
    SEATTLE,WA98145     		NONE 501(C)(3) & MEDICAL CARE FOR CHILDREN 5,000
    NORTHWEST HARVEST
    P O BOX 12272
    SEATTLE,WA98102     		NONE 501(C)(3) & FOOD BANK 100,000
    PONCHO
    603 STEWART STREET SUITE
    SEATTLE,WA98101     		NONE 501(C)(3) & ARTS SUPPORT/EDUCATION 1,000
    THE SALVATION ARMY
    POST OFFICE BOX 603
    OLYMPIA,WA98507     		NONE 501(C)(3) & HOME/FOOD ASSISTANCE 2,000
    SAMA FOUNDATION
    1900 N NORTHLAKE WAY SUI
    SEATTLE,WA98103     		NONE 501(C)(3) & SCIENCE & MGMT OF ADDICTIONS 5,000
    ST JAMES CATHEDRAL
    804 NINTH AVENUE
    SEATTLE,WA98104     		NONE 501(C)(3) & FAMILY ASSISTANCE PROGRAM 5,000
    TREEHOUSE
    2100 - 24TH AVENUE S 20
    SEATTLE,WA98144     		NONE 501(C)(3) & FOSTER CHILDREN ASSISTANCE 5,000
    UNIVERSITY OF WASHINGTON
    BOX 359505
    SEATTLE,WA98195     		NONE 501(C)(3) & CERAMICS GRAD SUPPORT FUND 5,000
    YWCA
    1118 FIFTH AVENUE
    SEATTLE,WA98101     		NONE 501(C)(3) & WOMEN'S ASSISTANCE PROGRAM 10,000
    CORNISH COLLEGE OF THE AR
    1000 LENORA STREET
    SEATTLE,WA98121     		NONE 501(C)(3) & SCHOLARSHIPS FUND 1,000
    KEXP 903
    113 DEXTER AVENUE N
    SEATTLE,WA98109     		NONE 501(C)(3) & PUBLIC RADIO 100
    KPLU RADIO
    12180 PARK AVENUE S
    TACOMA,WA98447     		NONE 501(C)(3) & PUBLIC RADIO 50
    KUOW 949
    4518 UNIVERSITY WAY NE
    SEATTLE,WA98105     		NONE 501(C)(3) & PUBLIC RADIO 100
    NOAH ANIMAL ADOPTION
    31300 BRANDSTROM ROAD
    STANWOOD,WA98292     		NONE 501(C)(3) & ANIMAL SHELTER CARE 5,000
    EPIPHANY SCHOOL
    3710 EAST HOWELL STREET
    SEATTLE,WA98122     		NONE 501(C)(3) & ANNUAL FUND 10,000
    FRED HUTCHINSON CANCER RE
    P O BOX 19024
    SEATTLE,WA98109     		NONE 501(C)(3) & CANCER RESEARCH 10,000
    CHILDREN OF THE VALLEY
    1318 S 18TH STREET
    MT VERNON,WA98274     		NONE 501(C)(3) & TUTORING/MENTORING PROGRAM FOR YOUTH 5,000
    CHILDREN'S HOSPITAL FOUND
    P O BOX 50020-S-200
    SEATTLE,WA98145     		NONE 501(C)(3) & MEDICAL CARE FOR CHILDREN 1,000
    LOVE INC
    P O BOX 2057
    MT VERNON,WA98273     		NONE 501(C)(3) & HOUSING ASSISTANCE FOR LOW-INCOME/HO 5,000
    NORTHWEST HARVEST
    P O BOX 12272
    SEATTLE,WA98102     		NONE 501(C)(3) & FOOD BANK 1,000
    SMILES FOREVER
    P O BOX 217
    RENTON,WA98057     		NONE 501(C)(3) & WOMEN IN PROVERTY ASSISTANCE 5,000
    UNIVERSITY OF WASHINGTON
    BOX 359505
    SEATTLE,WA98195     		NONE 501(C)(3) & CERAMICS GRAD SUPPORT FUND 300,000
    COYOTE CENTRAL
    2719 E MADISON SUITE 201
    SEATTLE,WA98112     		NONE 501(C)(3) & ARTS PROGRAM FOR CHILDREN 5,000
    P-PATCH TRUST
    P O BOX 19748
    SEATTLE,WA98109     		NONE 501(C)(3) & PERSERVE & PROTECT COMMUNITY GARDENS 5,000
    PATH
    P O BOX 900922
    SEATTLE,WA98109     		NONE 501(C)(3) & MEDICAL RESEARCH 20,000
    PEOPLE FOR PUGET SOUND
    911 WESTERN AVENUE SUTIE
    SEATTLE,WA98104     		NONE 501(C)(3) & PERSERVING PUGET SOUND 5,000
    THE SAN JUAN PRESERVATION
    BOX 327
    LOPEZ ISLAND,WA98261     		NONE 501(C)(3) & PERSERVING SAN JUAN ISLANDS 10,000
    SEATTLE OPERA FOUNDATION
    P O BOX 9248
    SEATTLE,WA98109     		NONE 501(C)(3) & PERFORMING ARTS - ENDOWMENT FUND 5,000
    ARBORETUM FOUNDATION
    2300 ARBORETUM DRIVE E
    SEATTLE,WA98112     		NONE 501(C)(3) & PERSERVING ARBORETUM 2,000
    CATHOLIC COMMUNITY SERVIC
    100 23RD AVENUE S
    SEATTLE,WA98144     		NONE 501(C)(3) & ASSISTANCE FOR LOW-INCOME/HOMELESS 5,000
    GROWING WASHINGTON
    P O BOX 30282
    BELLINGHAM,WA98228     		NONE 501(C)(3) & PERSERVING FARMLAND & ASSISTING FOOD 5,000
    PACIFIC NORTHWEST BALLET
    301 MERCER STREET
    SEATTLE,WA98109     		NONE 501(C)(3) & PERFORMING ARTS - ENDOWMENT FUND 5,000
    Total .................................bullet 3a 1,471,750
    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     14 394,691  
    4 Dividends and interest from securities....     14 301,610  
    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     18 223,276  
    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)..   919,577  
    13Total. Add line 12, columns (b), (d), and (e)...................
    13919,577
    (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

    TY 2010 AccountingFeesSchedule
    Name:
    KEITH & MARY KAY MCCAW
    FAMILY FOUNDATION
    EIN: 91-1920617
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 3,800 1,900   1,900

    TY 2010 CompensationExplanation
    Name:
    KEITH & MARY KAY MCCAW
    FAMILY FOUNDATION
    EIN: 91-1920617
    Person Name Explanation
    MARY KAY MCCAW  
    DEBRA TAWNEY STROH  
    JOSEPH D WEINSTEIN  

    TY 2010 GeneralExplanationAttachment
    Name:
    KEITH & MARY KAY MCCAW
    FAMILY FOUNDATION
    EIN: 91-1920617
    Identifier Return Reference Explanation
    GENERAL RETURN INFORMATION   PART VII-B, LINE 1A(3) A DISQUALIFIED PERSON FURNISHES FAC ADMINISTER AND MANAGE THE KEITH AND OPERATIONS, WHICH ARE NOT ACTS OF S
    GENERAL ELECTIONS    

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    KEITH & MARY KAY MCCAW
    FAMILY FOUNDATION
    EIN: 91-1920617
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BHP BILLITON 110,663 110,663
    SHELL INTL    
    STATOILHYDRO 111,389 111,389
    VERIZON NEW ENGLAND 25,972 25,972
    BP CAP MKTS 128,874 128,874
    AT&T 99,649 99,649
    PRINCIPAL LIFE 4/15/14 26,962 26,962
    BLACKROCK 129,627 129,627
    DU POND EI DE 78,986 78,986
    NATIONAL RURAL UTILS 2008 138,065 138,065
    HSEHD FIN CORP 162,625 162,625
    ORACLE 189,876 189,876
    PROCTER & GAMBLE    
    CATERPILLAR FINL SVCS 2010    
    CREDIT SUISSE FIRST BOSTON    
    PROTECTIVE LIFE SECD TRS    
    INTERNATIONAL LEASE FIN    
    GENERAL ELECTRIC CO. NOTE 5% 288,623 288,623
    MERRILL LYNCH & CO.    
    ABBOTT LABS 76,255 76,255
    BOTTLING GROUP LLC    
    GOLDMAN SACHS GROUP INC. 121,605 121,605
    LOWES 96,681 96,681
    PRINCIPAL LIFE 12/14/12 107,579 107,579
    CISCO SYSTEMS 130,772 130,772
    FLORIDA POWER 169,940 169,940
    MCDONALDS CORP. 79,725 79,725
    UNITED TECHNOLOGIES 4.5% DUE 4/15/20 78,726 78,726
    INTERNATIONAL BUSINESS MACHINES    
    MFB NORTHERN HIGH YIELD    
    WALGREENS CO.    
    NUCOR CORP. 97,324 97,324
    JOHN DEERE 82,870 82,870
    PEPSICO 3.125% DUE 11/1/20 70,487 70,487
    VERIZON COMMUNICATIONS 6.1% DUE 4/15 141,990 141,990
    WESTPAC BKG CORP. 299,437 299,437
    ROYAL BANK CDA MEDIUM TERM 85,172 85,172
    TOTAL CAP 2.3% DUE 3/15/16 48,843 48,843
    ROYAL BANK SCOTLAND 172,031 172,031
    BECTON DICKINSON 3.25% DUE 11/12/20 93,862 93,862
    CAMPBELL SOUP CO. 3.05% DUE 7/15/17 25,115 25,115
    GENERAL ELECTRIC CORP MEDIUM 4.375% 88,574 88,574
    HEWLETT PACKARD 3.75% DUE 12/1/20 73,357 73,357
    JPMORGAN CHASE 3.4% DUE 6/24/15 137,667 137,667
    MERCK & CO. 3.875% DUE 1/15/21 248,444 248,444
    CHARLES SCHWAB 4.45% DUE 7/22/20 124,517 124,517
    US BANCORP MED TERM 1.375% 74,964 74,964
    WALMART STORES 3.625% DUE 7/8/20 121,648 121,648

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    KEITH & MARY KAY MCCAW
    FAMILY FOUNDATION
    EIN: 91-1920617
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABORATORIES 54,378 54,378
    ALTERA CORP 78,276 78,276
    CISCO 81,223 81,223
    DANAHER 147,170 147,170
    AMAZON 67,860 67,860
    EXXON MOBIL 177,682 177,682
    CUMMINS 92,738 92,738
    GENERAL ELECTRIC 145,680 145,680
    GOLDMAN SACHS    
    CVS CAREMARK    
    ITT    
    JOHNSON & JOHNSON 49,480 49,480
    MICROSOFT 98,139 98,139
    PROCTER & GAMBLE 123,514 123,514
    UNITED TECHNOLOGIES 70,848 70,848
    FEDEX 100,451 100,451
    WELLS FARGO 129,693 129,693
    GOOGLE 127,704 127,704
    PEPSICO 126,414 126,414
    JOHNSON CONTROLS 85,186 85,186
    KOHLS    
    VERIZON COMMUNICATIONS    
    WALT DISNEY CO. 131,285 131,285
    HEWLETT PACKARD    
    KELLOGG CO.    
    MCKESSON 109,089 109,089
    MEDCO HEALTH SOLUTIONS INC. 87,616 87,616
    MOSAIC    
    TRANSOCEAN    
    NIKE 126,849 126,849
    ADOBE SYSTEMS    
    NOBLE ENERGY 61,547 61,547
    QUALCOMM    
    AIR PRODUCTS AND CHEMICALS    
    TRAVELERS COS 105,570 105,570
    APPLE INC. 196,762 196,762
    CHEVRON CORP. 140,069 140,069
    EMERSON ELECTRIC CO. 129,490 129,490
    NATIONAL OILWELL 99,866 99,866
    PG & E    
    UNITED HEALTHCARE 115,010 115,010
    SUNCOR 80,218 80,218
    COSTCO WHOLESALE CORP. 78,709 78,709
    PRINCIPAL FINANCIAL GROUP, INC. 104,680 104,680
    CHARLES SCHWAB CORP.    
    SPECTRA ENERGY CORP. 121,951 121,951
    TJX COS INC.    
    US BANCORP 98,845 98,845
    INTERNATIONAL BUSINESS MACHINE 149,842 149,842
    JPMORGAN CHASE 144,864 144,864
    WALMART STORES 58,514 58,514
    SIGMA-ALDRICH    
    BHP BILLITON ADR 95,243 95,243
    COVIDIEN 71,230 71,230
    TEVA PHARMACEUTICALS ADR 60,992 60,992
    ABB ADR    
    NOVARTIS AG ADR 88,425 88,425
    AMERICAN EXPRESS 77,041 77,041
    BERKSHIRE HATHAWAY 61,284 61,284
    CITRIX SYSTEMS INC. 74,225 74,225
    COLGATE-PALMOLIVE CO. 51,035 51,035
    CONOCO PHILLIPS 70,824 70,824
    DOMINION RES INC. 87,149 87,149
    DU PONT EI DE NEMOURS 127,443 127,443
    EMC CORP. 115,645 115,645
    FRANKLIN RES INC. 80,627 80,627
    GRAINGER WW INC. 62,702 62,702
    HJ HEINZ 85,813 85,813
    JUNIPER NETWORKS INC. 58,703 58,703
    LOWES 49,157 49,157
    OMNICOM GROUP 92,287 92,287
    ORACLE CORP. 143,511 143,511
    SALESFORCE COM 105,600 105,600
    SIMON PROPERTY GROUP 101,878 101,878
    STARWOOD HOTELS & RESORTS 58,349 58,349
    WHOLE FOODS MARKET 63,490 63,490

    TY 2010 InvestmentsOtherSchedule2
    Name:
    KEITH & MARY KAY MCCAW
    FAMILY FOUNDATION
    EIN: 91-1920617
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MFB NORTHERN MID CAP FMV 1,037,905 1,037,905
    MFB NORTHERN FDS SMALL CAP INDEX FMV 1,064,418 1,064,418
    MFB NORTHERN EMERGING MARKETS FMV 707,991 707,991
    MFB NORTHERN FDS INTL GROWTH FMV 1,314,171 1,314,171
    MFB NORTHERN INTL EQUITY INDEX FMV 1,258,872 1,258,872
    MFB NORTHERN HIGH YIELD FMV 1,739,785 1,739,785

    TY 2010 LegalFeesSchedule
    Name:
    KEITH & MARY KAY MCCAW
    FAMILY FOUNDATION
    EIN: 91-1920617
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 586      


    TY 2010 OtherExpensesSchedule
    Name:
    KEITH & MARY KAY MCCAW
    FAMILY FOUNDATION
    EIN: 91-1920617
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    WASHINGTON FILING FEES 35     35


    TY 2010 OtherIncreasesSchedule
    Name:
    KEITH & MARY KAY MCCAW
    FAMILY FOUNDATION
    EIN: 91-1920617
    Description Amount
    UNREALIZED GAINS 1,364,637


    TY 2010 OtherProfessionalFeesSchedule
    Name:
    KEITH & MARY KAY MCCAW
    FAMILY FOUNDATION
    EIN: 91-1920617
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 83,466 83,466    


    TY 2010 TaxesSchedule
    Name:
    KEITH & MARY KAY MCCAW
    FAMILY FOUNDATION
    EIN: 91-1920617
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 16,337      
    FOREIGN TAXES 6,025 6,025