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
2011
For calendar year 2011, or tax year beginning 01-01-2011 , and ending 12-31-2011
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$26,319,368J 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 370,870 370,870  
4 Dividends and interest from securities...... 316,586 316,586  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 214,815
b Gross sales price for all assets on line 6a 10,403,808
7 Capital gain net income (from Part IV, line 2)... 214,815
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........ 902,271 902,271  
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 321     321
b Accounting fees (attach schedule)....... Click to see attachment 4,035     4,035
c Other professional fees (attach schedule).... Click to see attachment 88,665 88,665    
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 29,261 7,447    
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.......... 122,317 96,112   4,391
25 Contributions, gifts, grants paid........ 1,075,000 1,075,000
26 Total expenses and disbursements. Add lines 24 and 25 1,197,317 96,112   1,079,391
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -295,046
b Net investment income (if negative, enter -0-) 806,159
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 (2011)
Form 990-PF (2011)
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............... 1,639,209 541,194 541,194
2 Savings and temporary cash investments.......... 877,623 1,017,339 1,017,338
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) 7,570,164 8,048,360 7,940,508
b Investments—corporate stock (attach schedule)........ 5,779,865 Click to see attachment5,748,210 5,748,210
c Investments—corporate bonds (attach schedule)........ 4,338,896 Click to see attachment4,625,530 4,625,629
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 7,123,142 Click to see attachment6,446,489 6,446,489
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) 27,328,899 26,427,122 26,319,368
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.................... 27,328,899 26,427,122
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).................... 27,328,899 26,427,122
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 27,328,899 26,427,122
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 27,328,899
2 Enter amount from Part I, line 27a..................... 2 -295,046
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 27,033,853
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 606,731
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 26,427,122
Form 990-PF (2011)
Form 990-PF (2011)
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 ADR TEVA PHARMACEUTICAL INDS P 2009-01-16 2011-02-28
b JUNIPER NETWORKS INC COM P 2011-03-08 2011-09-22
c PAYCHEX INC COM P 2011-03-10 2011-08-29
d WALT DISNEY CO P 2010-03-30 2011-07-15
e AT&T INC SR NT 2.5 DUE 08-15-2015 P 2010-07-27 2011-08-16
DU PONT E I DE 4.625% DUE 01-15-2020 P 2009-11-04 2011-01-21
HSBC HLDGS PLC 4.875% DUE 01-14-2022 P 2011-11-14 2011-12-15
PHILIP MORRIS INTL 4.125% DUE 05-17- P 2011-05-10 2011-12-21
VERIZON 6.1% DUE 04-15-2018 P 2008-04-03 2011-01-21
UNITED STATES TREAS NTS DTD 00306 2. P 2010-08-17 2011-09-27
UNITED STATES TREAS NTS T-NT 1% DUE P 2011-02-08 2011-09-09
ADR TEVA PHARMACEUTICAL INDS P 2009-02-10 2011-02-28
JUNIPER NETWORKS INC COM P 2011-05-23 2011-09-22
PEPSICO INC COM P 2006-01-18 2011-03-08
VERIZON NEW ENG INC BD 6.5 DUE P 2004-09-22 2011-04-27
BANK N S HALIFAX 2.9% DUE 03-29-2016 P 2011-03-22 2011-09-20
DU PONT E I DE 4.625% DUE 01-15-2020 P 2009-11-04 2011-03-22
HSBC HOLDINGS PLC 5.1 DUE 04-05-2021 P 2011-03-29 2011-05-11
RIO TINTO FIN USA 2.25 DUE 09-20-201 P 2011-09-14 2011-12-20
UNITED STATES OF AMER TREAS NOTES 1 P 2011-05-20 2011-10-31
UNITED STATES TREAS NTS DTD 00306 2. P 2010-10-25 2011-09-27
UNITED STATES TREAS NTS T-NT 1% DUE P 2011-02-08 2011-09-14
ALTERA CORP COM P 2009-03-20 2011-03-08
JUNIPER NETWORKS INC COM P 2010-11-19 2011-09-23
PEPSICO INC COM P 2006-05-30 2011-03-08
FHLB 1.625% BDS 27/07/2011 USD 1.625 P 2009-09-24 2011-07-27
BK MONTREAL MEDIUM TERM SR NTS BOO P 2011-04-26 2011-06-27
EBAY INC 3.25% DUE 10-15-2020 P 2011-05-18 2011-11-08
INTEL CORP 3.3 DUE 10-01-2021 P 2011-09-14 2011-10-18
ROYAL BK CDA GLOBAL MEDIUM TERM SR B P 2010-07-07 2011-10-17
UNITED STATES TREAS NTS 2.125 DUE P 2011-01-21 2011-05-20
UNITED STATES TREAS NTS DTD 00310 .3 P 2010-10-19 2011-11-08
UNITED STATES TREAS NTS T-NT 1.75% D P 2009-08-18 2011-05-25
BERKSHIRE HATHAWAY INC-CL B P 2010-07-15 2011-07-06
LOWES COS INC COM P 2010-04-26 2011-06-24
PEPSICO INC COM P 2006-01-18 2011-08-29
FNMA PREASSIGN 00507 4.5 02-15-2011 P 2006-09-08 2011-02-15
BK MONTREAL MEDIUM TERM SR NTS BOO P 2011-04-26 2011-06-27
EBAY INC 3.25% DUE 10-15-2020 P 2011-05-18 2011-11-08
INTEL CORP 3.3 DUE 10-01-2021 P 2011-09-14 2011-10-18
ROYAL BK SCOTLAND 3.95% DUE 09-21-20 P 2010-09-14 2011-05-10
UNITED STATES TREAS NTS 2.625 DUE P 2010-11-22 2011-06-24
UNITED STATES TREAS NTS DTD 03-15-20 P 2011-03-11 2011-11-04
UNITED STATES TREAS NTS T-NT 1.75% D P 2009-08-18 2011-07-08
CISCO SYSTEMS INC P 2005-02-22 2011-04-11
MEDCO HEALTH SOLUTIONS INC COM P 2006-06-23 2011-06-24
PEPSICO INC COM P 2006-02-03 2011-08-29
FNMA PREASSIGN 00507 4.5 02-15-2011 P 2007-01-12 2011-02-15
BLACKROCK INC 3.5% DUE 12-10-2014 P 2009-12-08 2011-03-11
EBAY INC 3.25% DUE 10-15-2020 P 2011-05-18 2011-11-08
JPMORGAN CHASE & 3.4% DUE 06-24-2015 P 2010-06-17 2011-02-18
ROYAL BK SCOTLAND 3.95% DUE 09-21-20 P 2010-09-14 2011-05-10
UNITED STATES TREAS NTS 2.625 DUE P 2010-11-19 2011-08-01
UNITED STATES TREAS NTS DTD 05-17-20 P 2011-04-13 2011-10-31
UNITED STATES TREAS NTS UNITED STATE P 2008-07-25 2011-02-18
CISCO SYSTEMS INC P 2005-03-01 2011-04-11
MICROSOFT CORP COM P 2005-02-22 2011-05-23
PEPSICO INC COM P 2006-02-03 2011-08-30
FNMA PREASSIGN 00507 4.5 02-15-2011 P 2007-08-01 2011-02-15
BLACKROCK INC 4.25% DUE 05-24-2021 P 2011-05-20 2011-12-15
EBAY INC 3.25% DUE 10-15-2020 P 2011-05-18 2011-11-08
JPMORGAN CHASE & 3.45% DUE 03-01-201 P 2011-02-17 2011-08-04
SCHWAB CHARLES 4.45% DUE 07-22-2020 P 2010-07-20 2011-12-15
UNITED STATES TREAS NTS 2.625 DUE P 2010-11-22 2011-08-01
UNITED STATES TREAS NTS DTD 12/31/20 P 2011-01-21 2011-05-20
UNITED STATES TREAS NTS UNITED STATE P 2008-07-25 2011-08-01
CISCO SYSTEMS INC P 2006-04-24 2011-04-11
MICROSOFT CORP COM P 2005-03-09 2011-05-23
STARWOOD HOTELS & RESORTS WORLDWIDE P 2010-12-17 2011-08-10
UNITED STATES TREAS NTS NT 1% DUE P 2009-08-18 2011-08-01
BLACKROCK INC 4.25% DUE 05-24-2021 P 2011-05-20 2011-12-15
EBAY INC 3.25% DUE 10-15-2020 P 2011-05-18 2011-11-08
MCDONALDS CORP 5.8% DUE 10-15-2017 P 2007-10-15 2011-04-05
SCHWAB CHARLES 4.45% DUE 07-22-2020 P 2010-07-20 2011-12-15
UNITED STATES TREAS NTS 3.50 DUE P 2010-07-08 2011-03-29
UNITED STATES TREAS NTS DTD 12/31/20 P 2011-01-21 2011-06-28
UNITED STATES TREAS NTS US TREASURY P 2008-01-31 2011-09-15
COLGATE-PALMOLIVE CO COM P 2010-02-04 2011-02-02
MICROSOFT CORP COM P 2006-04-24 2011-05-23
STARWOOD HOTELS & RESORTS WORLDWIDE P 2010-12-20 2011-08-10
US TREAS NTS .875 DUE 01-31-2011 REG P 2009-02-13 2011-01-31
BLACKROCK INC 4.25% DUE 05-24-2021 P 2011-05-20 2011-12-15
FL PWR & LT CO 5.55% DUE 11-01-2017 P 2008-01-31 2011-01-21
MEDTRONIC INC 2.625% DUE 03-15-2016 P 2011-03-10 2011-09-14
SCHWAB CHARLES 4.45% DUE 07-22-2020 P 2010-07-20 2011-12-15
UNITED STATES TREAS NTS DTD 00178 3. P 2007-12-11 2011-03-10
UNITED STATES TREAS NTS NT 1% DUE P 2009-08-18 2011-05-25
UNITED STATES TREAS NTS US TREASURY P 2009-01-22 2011-09-15
CUMMINS INC P 2009-09-02 2011-10-21
MICROSOFT CORP COM P 2006-05-08 2011-05-23
SUNCOR ENERGY INC NEW COM STK P 2007-07-12 2011-09-28
US TREAS NTS .875 DUE 01-31-2011 REG P 2009-07-14 2011-01-31
BP CAP MKTS P L C 3.561% DUE 11-01-2 P 2011-10-27 2011-12-19
GOLDMAN SACHS GROUP INC FOR FUTURE E P 2007-01-03 2011-03-11
MEDTRONIC INC 2.625% DUE 03-15-2016 P 2011-03-10 2011-09-28
STATOILHYDRO ASA 5.25 DUE 04-15-2019 P 2009-05-01 2011-01-21
UNITED STATES TREAS NTS DTD 00178 3. P 2007-12-11 2011-03-23
UNITED STATES TREAS NTS NT 1% DUE P 2011-02-08 2011-09-14
US TREAS NTS .875 DUE 01-31-2011 REG P 2009-07-14 2011-01-21
EMERSON ELECTRIC CO COM P 2007-01-12 2011-08-10
NIKE INC CL B P 2010-01-12 2011-04-26
SUNCOR ENERGY INC NEW COM STK P 2010-05-03 2011-09-28
GNMA POOL 782520 5.5% 12-15-2038 BE P 2011-08-10 2011-09-15
BP CAP MKTS P L C 4.75% DUE 03-10-20 P 2009-03-05 2011-05-17
GOLDMAN SACHS GROUP INC FOR FUTURE E P 2007-01-12 2011-03-11
MERCK & CO INC NEW 3.875% DUE 01-15- P 2010-12-07 2011-08-16
TORONTO DOMINION 2.5 DUE 07-14-2016 P 2011-07-07 2011-11-15
UNITED STATES TREAS NTS DTD 00178 3. P 2007-12-11 2011-04-21
UNITED STATES TREAS NTS NT 1% DUE P 2011-02-08 2011-09-27
US TREAS NTS 1.875 DUE 06-30-2015 P 2010-07-08 2011-01-04
FEDEX CORP COM P 2009-12-08 2011-03-25
NIKE INC CL B P 2010-03-30 2011-04-26
SUNCOR ENERGY INC NEW COM STK P 2009-05-14 2011-09-29
GNMA POOL 782520 5.5% 12-15-2038 BE P 2011-08-10 2011-10-17
CATERPILLAR INC 1.375% DUE 05-27-201 P 2011-05-24 2011-06-15
HONEYWELL INTL INC 4.25% DUE 03-01-2 P 2011-02-14 2011-12-06
MONSANTO CO 2.75% DUE 04-15-2016 P 2011-04-12 2011-12-19
TOTAL CAP 2.3% DUE 03-15-2016 P 2010-09-08 2011-09-20
UNITED STATES TREAS NTS DTD 00231 3. P 2009-07-08 2011-03-22
UNITED STATES TREAS NTS NT 1% DUE P 2011-02-08 2011-10-05
US TREAS NTS DTD 02/28/2011 2.125 DU P 2011-03-11 2011-05-20
FEDEX CORP COM P 2009-12-08 2011-03-28
NIKE INC CL B P 2009-12-08 2011-04-27
SUNCOR ENERGY INC NEW COM STK P 2010-05-03 2011-09-29
GNMA POOL 782520 5.5% 12-15-2038 BE P 2011-08-10 2011-11-15
CISCO SYS INC SR NT 4.95 DUE 02-15-2 P 2009-02-10 2011-01-21
HSBC FINANCE CORP 6.375 NTS 27/11/12 P 2004-09-22 2011-03-29
NATL RURAL UTILS 5.45% DUE 02-01-201 P 2008-01-15 2011-01-21
TOTAL CAP 2.3% DUE 03-15-2016 P 2010-09-08 2011-09-21
UNITED STATES TREAS NTS DTD 00231 3. P 2009-07-08 2011-03-29
UNITED STATES TREAS NTS NT 2.5% DUE P 2010-05-10 2011-01-04
UTD STATES TREAS NTS 0 TSY NT 15/11/ P 2011-08-01 2011-10-28
FEDEX CORP COM P 2010-01-12 2011-03-28
NIKE INC CL B P 2010-01-12 2011-04-27
TRAVELERS COS INC COM STK P 2009-11-09 2011-09-22
GNMA POOL 782520 5.5% 12-15-2038 BE P 2011-08-10 2011-12-15
CISCO SYS INC SR NT 4.95 DUE 02-15-2 P 2009-02-10 2011-04-05
HSBC FINANCE CORP 6.375 NTS 27/11/12 P 2005-01-14 2011-03-29
ORACLE CORP 5% DUE 07-08-2019 P 2009-07-06 2011-01-21
TOYOTA MTR CR CORP 3.4 09-15-2021 P 2011-09-08 2011-10-20
UNITED STATES TREAS NTS DTD 00275 1% P 2011-06-01 2011-11-14
UNITED STATES TREAS NTS NT 2.625 DUE P 2009-08-18 2011-03-30
UTD STATES TREAS NTS 0 TSY NT 15/11/ P 2011-08-01 2011-11-01
GENERAL ELECTRIC CO P 2006-02-03 2011-11-08
PAYCHEX INC COM P 2011-03-08 2011-08-29
UNITEDHEALTH GROUP INC COM P 2010-02-04 2011-11-08
ABBOTT LABS 4.125% DUE 05-27-2020 P 2010-05-25 2011-12-20
DEERE JOHN CAP CORP MEDIUM TERM NTS- P 2008-03-31 2011-04-05
HSBC FINANCE CORP 6.375 NTS 27/11/12 P 2006-01-19 2011-03-29
PEPSICO INC SR NT 3.125 DUE 11-01-20 P 2010-10-19 2011-12-19
U S BANCORP 4.125 DUE 05-24-2021 BEO P 2011-05-19 2011-12-19
UNITED STATES TREAS NTS DTD 00275 1% P 2011-08-16 2011-11-14
UNITED STATES TREAS NTS NT 2.625 DUE P 2009-08-18 2011-05-20
GNMA POOL 782520 5.5% 12-15-2038 BE P 2011-12-31 2011-08-10
JUNIPER NETWORKS INC COM P 2010-11-19 2011-09-22
PAYCHEX INC COM P 2011-03-09 2011-08-29
WALT DISNEY CO P 2007-01-12 2011-07-15
AT&T INC SR NT 2.5 DUE 08-15-2015 P 2010-07-27 2011-08-16
DEUTSCHE BK AG 3.25% DUE 01-11-2016 P 2011-01-04 2011-10-24
HSBC FINANCE CORP 6.375 NTS 27/11/12 P 2007-03-15 2011-03-29
PEPSICO INC SR NT 3.125 DUE 11-01-20 P 2010-10-19 2011-12-19
U S BANCORP MEDIUM TERM NTS- BOOK EN P 2010-09-08 2011-06-14
UNITED STATES TREAS NTS DTD 00306 2. P 2010-10-25 2011-03-29
UNITED STATES TREAS NTS T-NT 1% DUE P 2011-02-08 2011-08-10
(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 47,742   40,616 7,126
b 13,006   30,658 -17,652
c 10,500   13,344 -2,844
d 49,133   43,760 5,373
e 40,907   39,878 1,029
25,976   24,896 1,080
125,004   119,891 5,113
109,787   99,433 10,354
56,655   50,962 5,693
26,663   24,982 1,681
25,011   25,118 -107
10,748   9,163 1,585
11,392   22,689 -11,297
15,584   14,330 1,254
25,587   27,794 -2,207
129,955   124,793 5,162
52,034   49,793 2,241
61,882   59,870 2,012
66,067   64,610 1,457
101,726   100,250 1,476
110,918   104,598 6,320
100,027   100,473 -446
31,684   12,772 18,912
12,118   22,066 -9,948
46,751   44,590 2,161
150,000   151,860 -1,860
60,698   60,047 651
35,965   33,939 2,026
15,456   15,007 449
87,562   84,796 2,766
102,129   100,493 1,636
70,164   70,025 139
101,824   100,563 1,261
58,431   60,417 -1,986
45,461   55,753 -10,292
29,071   26,613 2,458
100,000   100,000  
40,465   39,968 497
9,990   9,428 562
15,456   14,964 492
88,456   87,157 1,299
30,492   30,512 -20
127,783   125,411 2,372
152,490   150,844 1,646
8,737   8,785 -48
76,766   39,345 37,421
3,386   3,032 354
50,000   50,000  
131,258   125,713 5,545
40,099   37,710 2,389
136,297   134,723 1,574
89,473   88,067 1,406
105,722   103,628 2,094
25,453   25,297 156
119,568   112,621 6,947
52,422   52,580 -158
24,118   25,400 -1,282
28,665   25,568 3,097
50,000   50,000  
42,641   40,802 1,839
29,083   27,340 1,743
30,797   30,004 793
43,361   41,296 2,065
68,819   67,914 905
102,226   99,989 2,237
251,256   236,205 15,051
8,999   10,568 -1,569
2,412   2,541 -129
29,439   40,689 -11,250
400,000   399,892 108
44,721   42,792 1,929
15,040   14,141 899
79,117   69,234 9,883
44,419   42,320 2,099
111,108   114,345 -3,237
25,966   24,997 969
10,368   10,046 322
47,843   50,892 -3,049
46,185   52,107 -5,922
11,939   16,860 -4,921
500,000   499,767 233
42,641   40,809 1,832
85,151   78,615 6,536
52,012   49,775 2,237
44,419   42,310 2,109
114,394   108,974 5,420
100,191   99,973 218
233,287   239,415 -6,128
78,567   37,931 40,636
12,059   11,820 239
21,345   36,453 -15,108
100,000   100,266 -266
25,789   25,000 789
89,886   84,941 4,945
25,919   24,887 1,032
54,971   50,876 4,095
124,736   118,972 5,764
25,029   25,132 -103
20,005   20,053 -48
97,163   99,887 -2,724
10,875   8,802 2,073
5,117   6,437 -1,320
2,446   2,743 -297
131,813   124,665 7,148
31,724   29,829 1,895
133,975   124,623 9,352
127,600   124,534 3,066
99,393   94,978 4,415
125,112   125,660 -548
44,172   44,129 43
28,423   28,246 177
23,590   21,838 1,752
18,437   20,639 -2,202
3,662   4,107 -445
125,650   124,905 745
133,111   119,696 13,415
115,430   109,766 5,664
25,759   24,939 820
123,200   119,160 4,040
100,062   100,528 -466
15,277   15,053 224
24,431   23,928 503
8,824   7,020 1,804
11,273   14,733 -3,460
3,380   3,790 -410
48,612   45,549 3,063
16,147   16,794 -647
55,150   49,889 5,261
25,763   24,939 824
1,994   1,953 41
25,849   25,279 570
25,018   25,112 -94
45,922   43,299 2,623
19,574   15,792 3,782
37,940   43,069 -5,129
3,326   3,730 -404
80,201   75,914 4,287
10,765   11,046 -281
80,923   74,954 5,969
50,646   49,874 772
75,094   75,364 -270
100,777   97,800 2,977
125,068   125,562 -494
44,566   89,516 -44,950
28,025   35,754 -7,729
32,055   23,075 8,980
82,757   75,201 7,556
82,999   74,771 8,228
26,912   26,661 251
64,380   61,484 2,896
110,941   99,619 11,322
50,062   50,170 -108
213,355   204,674 8,681
2,802   3,142 -340
18,151   33,273 -15,122
9,763   12,501 -2,738
12,774   11,228 1,546
61,146   59,816 1,330
70,319   69,936 383
107,647   105,660 1,987
13,499   12,892 607
75,307   74,903 404
5,609   6,034 -425
125,156   125,591 -435
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       7,126
b       -17,652
c       -2,844
d       5,373
e       1,029
      1,080
      5,113
      10,354
      5,693
      1,681
      -107
      1,585
      -11,297
      1,254
      -2,207
      5,162
      2,241
      2,012
      1,457
      1,476
      6,320
      -446
      18,912
      -9,948
      2,161
      -1,860
      651
      2,026
      449
      2,766
      1,636
      139
      1,261
      -1,986
      -10,292
      2,458
       
      497
      562
      492
      1,299
      -20
      2,372
      1,646
      -48
      37,421
      354
       
      5,545
      2,389
      1,574
      1,406
      2,094
      156
      6,947
      -158
      -1,282
      3,097
       
      1,839
      1,743
      793
      2,065
      905
      2,237
      15,051
      -1,569
      -129
      -11,250
      108
      1,929
      899
      9,883
      2,099
      -3,237
      969
      322
      -3,049
      -5,922
      -4,921
      233
      1,832
      6,536
      2,237
      2,109
      5,420
      218
      -6,128
      40,636
      239
      -15,108
      -266
      789
      4,945
      1,032
      4,095
      5,764
      -103
      -48
      -2,724
      2,073
      -1,320
      -297
      7,148
      1,895
      9,352
      3,066
      4,415
      -548
      43
      177
      1,752
      -2,202
      -445
      745
      13,415
      5,664
      820
      4,040
      -466
      224
      503
      1,804
      -3,460
      -410
      3,063
      -647
      5,261
      824
      41
      570
      -94
      2,623
      3,782
      -5,129
      -404
      4,287
      -281
      5,969
      772
      -270
      2,977
      -494
      -44,950
      -7,729
      8,980
      7,556
      8,228
      251
      2,896
      11,322
      -108
      8,681
      -340
      -15,122
      -2,738
      1,546
      1,330
      383
      1,987
      607
      404
      -425
      -435
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 2 214,815
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 15,476
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))
2010 1,465,699 26,427,457 0.055461
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
2 Total of line 1, column (d) ...................... 2 0.190643
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 0.038129
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 26,975,871
5 Multiply line 4 by line 3....................... 5 1,028,563
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 8,062
7 Add lines 5 and 6......................... 7 1,036,625
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,079,391
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 (2011)
Form 990-PF (2011)
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 8,062
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 8,062
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 8,062
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 20,000
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 20,000
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 11,938
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet11,938 Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
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 2011 or the taxable year beginning in 2011 (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 2011, 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 (2011)
    Form 990-PF (2011)
    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 2011?.............
    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 2011, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2011?...............
    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 2011 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 2011.)....................
    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 2011?
    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 (2011)
    Form 990-PF (2011)
    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 88,418
    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 (2011)
    Form 990-PF (2011)
    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
    25,208,853
    b
    Average of monthly cash balances.......................
    1b
    2,177,818
    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
    27,386,671
    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
    27,386,671
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    410,800
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    26,975,871
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,348,794
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,348,794
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    8,062
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,062
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,340,732
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,340,732
    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
    1,340,732
    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
    1,079,391
    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
    1,079,391
    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
    8,062
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,071,329
    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 (2011)
    Form 990-PF (2011)
    Page 8
    Part XIII
    Undistributed Income (see page 26 of the instructions)
    (a)
    Corpus     		(b)
    Years prior to 2010     		(c)
    2010     		(d)
    2011
    1 Distributable amount for 2011 from Part XI, line 7 1,340,732
    2 Undistributed income, if any, as of the end of 2011:
    a Enter amount for 2010 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2011:
    a From 2006....... 206,367
    b From 2007.......  
    c From 2008.......  
    d From 2009.......  
    e From 2010....... 160,884
    fTotal of lines 3a through e......... 367,251
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 1,079,391
    a Applied to 2010, 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 2011 distributable amount..... 1,079,391
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2011. 261,341 261,341
    (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 5 105,910
    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 2010. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		 
    f Undistributed income for 2011. 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 2006 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		 
    9Excess distributions carryover to 2012.
    Subtract lines 7 and 8 from line 6a ......     		105,910
    10 Analysis of line 9:
    a Excess from 2007....  
    b Excess from 2008....  
    c Excess from 2009....  
    d Excess from 2010.... 105,910
    e Excess from 2011....  
    Form 990-PF (2011)
    Form 990-PF (2011)
    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 2011, 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) 2011 (b) 2010 (c) 2009 (d) 2008
             
    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).)
    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 (2011)
    Form 990-PF (2011)
    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
    CONSERVATION INTERNATIONAL
    313 E MADISON STREET 20
    SEATTLE,WA981124263     		NONE 501(C)(3) & LAND CONSERVATION 200,000
    MO-DAZZ FOR THE ARTS
    12121 NE NORTHUP WAY SUI
    BELLEVUE,WA98005     		NONE 501(C)(3) & CANCER RESEARCH 1,000
    MASTERS SCHOOOL
    49 CLINTON AVENUE
    DOBBS FERRY,NY105222201     		NONE 501(C)(3) & SCHOLARSHIPS FUND 5,000
    SEATTLE UNIVERSITY
    P O BOX 222000
    SEATTLE,WA981221090     		NONE 501(C)(3) & SCHOLARSHIP FUND - UNIVERSITY ADVMT 5,000
    SUN VALLEY SKI EDUCATION FOUNDATION
    POST OFFICE BOX 203
    SUN VALLEY,ID83353     		NONE 501(C)(3) & EDUCATION PROGRAM 5,000
    UNIVERSITY OF WASHINGTON FOUNDATION
    BOX 359505
    SEATTLE,WA981959505     		NONE 501(C)(3) & MEDICINE SUPPORT FUND 5,000
    THE BLOEDEL RESERVE
    7571 NE DOLPHIN DIVE
    BAINBRIDGE ISLAND,WA98110     		NONE 501(C)(3) & PERSERVE THE RESERVE-ENDOWMENT FUND 5,000
    HENRY ART GALLERY CO UNIV OF WASH
    P O BOX 351410
    SEATTLE,WA98195     		NONE 501(C)(3) & SCHOLARSHIPS FUND 5,000
    THE MOUNTAINS TO SOUND GREENWAY TRU
    911 WESTERN AVENUE SUITE
    SEATTLE,WA98104     		NONE 501(C)(3) & GREENWAY LEGACY FOR PUBLIC RECREATIO 5,000
    THE SALVATION ARMY CO MAIL PROCESS
    POST OFFICE BOX 603
    OLYMPIA,WA985070603     		NONE 501(C)(3) & HOME/FOOD ASSISTANCE 2,000
    SEATTLE AQUARIUM SOCIETY
    1415 WESTERN AVENUE SUIT
    SEATTLE,WA981012051     		NONE 501(C)(3) & MARINE LIFE AQUARIUM ED. & PRESERVAT 10,000
    AMERICAN RED CROSS
    P O BOX 3097
    SEATTLE,WA981143097     		NONE 501(C)(3) & DISASTER RELIEF ASSISTANCE 20,000
    PRATT FINE ARTS CENTER
    1902 S MAIN
    SEATTLE,WA98144     		NONE 501(C)(3) & ARTS SCHOOL - ENDOWMENT FUND 5,000
    TEAM SURVIVOR NORTHWEST
    200 NE PACIFIC STREET SU
    SEATTLE,WA98105     		NONE 501(C)(3) & FITNESS & HEALTH EDUCATION PROGRAMS 5,000
    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 5,000
    SEATTLE CHILDREN'S THEATRE
    201 THOMAS STREET
    SEATTLE,WA981094535     		NONE 501(C)(3) & PERFORMANCE ARTS 25,000
    SAMA FOUNDATION
    1900 N NORTHLAKE WAY SUI
    SEATTLE,WA98103     		NONE 501(C)(3) & SCIENCE & MGMT OF ADDICTIONS RESEARC 5,000
    SEATTLE ART MUSEUM
    1300 FIRST AVENUE
    SEATTLE,WA98101     		NONE 501(C)(3) & PERFORMANING ARTS 10,000
    RECOVERY CAF
    2022 BOREN AVENUE
    SEATTLE,WA981212703     		NONE 501(C)(3) & DRUG/ALCOHOL/MENTAL DISEASE ASSISTAN 20,000
    PATH
    P O BOX 900922
    SEATTLE,WA98109     		NONE 501(C)(3) & MEDICAL RESEARCH 20,000
    ANIMAL SHELTER OF WOOD RIVER VALLEY
    P O BOX 1496
    HAILEY,ID83340     		NONE 501(C)(3) & ANIMAL SHELTER & EDUCATION 5,000
    BEHIND THE BADGE FOUNDATION
    P O BOX 2047
    ISSAQUAH,WA98027     		NONE 501(C)(3) & LINE OF DUTY FAMILY SUPPORT FOR LAW 5,000
    BOSTON COLLEGE - OFC OF UNIV ADVANC
    140 COMMONWEALTH AVENUE
    CHESTNUT HILL,MA02467     		NONE 501(C)(3) & SCHOLARSHIP FUND - UNIVERSITY ADVANC 5,000
    CANINE COMPANIONS FOR INDEPENDENCE
    P O BOX 446
    SANTA ROSA,CA954020446     		NONE 501(C)(3) & COMPANION ANIMAL TRAINING 5,000
    CHILDHAVEN
    316 BROADWAY
    SEATTLE,WA981225325     		NONE 501(C)(3) & SHELTER/CARE FOR CHILDREN 5,000
    CHILDREN'S HOSPITAL FOUNDATION
    P O BOX 50020-S-200
    SEATTLE,WA981455020     		NONE 501(C)(3) & MEDICAL CARE FOR CHILDREN ENDOWMENT 5,000
    CORNISH COLLEGE OF THE ARTS
    1000 LENORA STREET
    SEATTLE,WA98121     		NONE 501(C)(3) & SCHOLARSHIPS FUND 5,000
    CYSTIC FIBROSIS FOUNDATION
    6931 ARLINGTON ROAD
    BETHESADA,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 IN 3RD WORLD COUNTRIES 10,000
    EASTSIDE DOMESTIC VIOLENCE PROGRAM
    P O BOX 6398
    BELLEVUE,WA980080398     		NONE 501(C)(3) & DOMESTIC VIOLENCE SHELTER 50,000
    EPIPHANY SCHOOL
    3710 EAST HOWELL STREET
    SEATTLE,WA98122     		NONE 501(C)(3) & ANNUAL FUND 10,000
    FRED HUTCHINSON CANCER RESEARCH INS
    P O BOX 19024
    SEATTLE,WA981091024     		NONE 501(C)(3) & CANCER RESEARCH 10,000
    HEREDITARY DISEASE FOUNDATION
    3960 BROADWAY 6TH FLOOR
    NEW YORK,NY10032     		NONE 501(C)(3) & MEDICAL RESEARCH 5,000
    JUVENILE DIABETES RESEARCH FOUNDATI
    1200 SIXTH AVENUE SUITE
    SEATTLE,WA98101     		NONE 501(C)(3) & JUVENILE DIABETES RESEARCH 20,000
    NOAH ANIMAL ADOPTION CENTER
    31300 BRANDSTROM ROAD
    STANWOOD,WA98292     		NONE 501(C)(3) & ANIMAL SHELTER CARE 5,000
    NORTHWEST HARVEST
    P O BOX 12272
    SEATTLE,WA98101     		NONE 501(C)(3) & FOOD BANK 50,000
    SNOW LEOPARD'S TRUST
    4649 SUNNYSIDE AVENUE N
    SEATTLE,WA981039986     		NONE 501(C)(3) & PROTECTION FOR SNOW LEOPARDS 5,000
    CHILD FUND INTERNATIONAL
    P O BOX 26511
    RICHMOND,VA232868818     		NONE 501(C)(3) & THIRD-WORLD CHILD ASSISTANCE 5,000
    GUIDE DOG FOUNDATION FOR THE BLIND
    371 E MAINT STREET JERIC
    SMITHTOWN,NY117879897     		NONE 501(C)(3) & GUIDE DOGS FOR THE BLIND ASSIST 5,000
    HABITAT FOR HUMANITY
    P O BOX 1167
    AMERICUS,GA317099951     		NONE 501(C)(3) & ASSISTED HOUSING 20,000
    PEOPLE FOR PUGET SOUND
    911 WESTERN AVENUE SUTIE
    SEATTLE,WA98104     		NONE 501(C)(3) & PERSERVING PUGET SOUND 5,000
    PURRFECT PALS CAT SHELTER & SANCTUA
    230 MCRAE ROAD NE
    ARLINGTON,WA98223     		NONE 501(C)(3) & ANIMAL SHELTER 1,000
    THE SALVATION ARMY CO MAIL PROCESS
    POST OFFICE BOX 603
    OLYMPIA,WA985070603     		NONE 501(C)(3) & HOME/FOOD ASSISTANCE 1,000
    SEATTLE CHILDREN'S THEATRE
    201 THOMAS STREET
    SEATTLE,WA981094535     		NONE 501(C)(3) & PERFORMANCE ARTS 25,000
    SEATTLE OPERA FOUNDATION
    P O BOX 9248
    SEATTLE,WA981099248     		NONE 501(C)(3) & PERFORMING ARTS - ENDOWMENT FUND 5,000
    THE SEATTLE PUBLIC LIBRARY FOUNDATI
    1000 FOURTH AVENUE
    SEATTLE,WA981041109     		NONE 501(C)(3) & LIBRARY MATERIALS/NEEDS FOR 1,000
    SMILE TRAIN THE
    41 MADISON AVENUE 28TH F
    NEW YORK,NY10010     		NONE 501(C)(3) & CLEFT REPAIR SURGERY ASSISTANCE FOR 5,000
    SMILES FOREVER
    P O BOX 217
    RENTON,WA98057     		NONE 501(C)(3) & WOMEN IN PROVERTY ASSISTANCE 5,000
    ST JAMES CATHEDRAL
    804 NINTH AVENUE
    SEATTLE,WA981041296     		NONE 501(C)(3) & FAMILY ASSISTANCE PROGRAM 5,000
    SUSAN G KOMEN BREAST CANCER FNDTN
    P O BOX 650309
    DALLAS,TX752650309     		NONE 501(C)(3) & BREAST CANCER RESEARCH 5,000
    SWEDISH MEDICAL CENTER FOUNDATION
    P O BOX 22100
    SEATTLE,WA98122     		NONE 501(C)(3) & NEONATAL FACILITY FUNDRAISER 10,000
    STANFORD UNIVERSITY CO GIFT PROCES
    P O BOX 20466
    STANFORD,CA943090466     		NONE 501(C)(3) & UNDERGRADUATE EDUCATION FUND 50,000
    THERESA MULLALLY LOSH GUILD OF CHIL
    P O BOX 50020-S-200
    SEATTLE,WA981455020     		NONE 501(C)(3) & MEDICAL CARE FOR CHILDREN - ENDOWMEN 5,000
    TREEHOUSE
    2100 - 24TH AVENUE S 20
    SEATTLE,WA981444632     		NONE 501(C)(3) & FOSTER CHILDREN ASSISTANCE 5,000
    THE USO
    P O BOX 96860
    WASHINGTON,DC200777677     		NONE 501(C)(3) & MILITARY MORALE SUPPORT 5,000
    UNIVERSITY OF WASHINGTON FOUNDATION
    BOX 359505
    SEATTLE,WA981959505     		NONE 501(C)(3) & MEDICINE SUPPORT FUND 50,000
    DELTA DELTA DELTA FOUNDATION
    POST OFFICE BOX 203009
    DALLAS,TX753203009     		NONE 501(C)(3) & LEADERSHIP & EDUCATION PROGRAMS 500
    GRAMEEN FOUNDATION USA
    2101 FOURTH AVENUE SUITE
    SEATTLE,WA98121     		NONE 501(C)(3) & FIGHTS GLOBAL POVERTY 10,000
    HOPELINK
    10675 WILLOWS ROAD NE 27
    REDMOND,WA98052     		NONE 501(C)(3) & FAMILY ASSISTANCE PROGRAM 5,000
    NORTHWEST FILM FORUM
    1515 - 12TH AVENUE
    SEATTLE,WA981223907     		NONE 501(C)(3) & FILM DOCUMENTARIES 10,000
    US OLYMPIC COMMITTEE
    27 SOUTH TEJON
    COLORADO SPRINGS,CO80903     		NONE 501(C)(3) & US OLYMPIC SKI TEAM 5,000
    VANDERBILT UNIVERSITY
    2301 VANDERBILT PLACE PB
    NASHVILLE,TN372406310     		NONE 501(C)(3) & UNDERGRADUATE EDUCATION FUND 50,000
    YWCA
    1118 FIFTH AVENUE
    SEATTLE,WA98101     		NONE 501(C)(3) & WOMEN'S ASSISTANCE PROGRAM - ENDOWME 10,000
    YMCA OF GREATER SEATTLE PARTNERS W
    909 FOURTH AVENUE
    SEATTLE,WA98104     		NONE 501(C)(3) & CHILDREN'S ASSISTANCE PROGRAM 10,000
    INTERNATIONAL ACTION
    819 L STREET SE
    WASHINGTON,DC200778236     		NONE 501(C)(3) & PROVIDE CLEAN WATER TO HAITI 15,000
    KIWANIS MEMORIAL FUND
    P O BOX 31033
    SEATTLE,WA98103     		NONE 501(C)(3) & CAMP CASEY FOR PHYSICALLY DISABLED K 1,000
    BAILEY-BOUSHAY HOUSE
    2720 MADISON
    SEATTLE,WA98112     		NONE 501(C)(3) & HIV PATIENT ASSISTANCE/CARE 5,000
    CANCER LIFELINE
    6522 FREMONT AVENUE N
    SEATTLE,WA98103     		NONE 501(C)(3) & CANCER PATIENT ASSISTANCE/CARE 5,000
    SFI FOUNDATION INC (DBA WORLD C
    BOX 5705
    KETCHUM,ID83340     		NONE 501(C)(3) & WORLD CUP TEAM ASSISTANCE 10,000
    BIKE WORKS SEATTLE
    3709 S FERDINAND
    SEATTLE,WA98118     		NONE 501(C)(3) & BIKE EDUCATION/RECYCLE/HEALTH YOUTH 5,000
    KETCHUMSUN VALLEY VOLUNTEER FIREFI
    P O BOX 966
    KETCHUM,ID83340     		NONE 501(C)(3) & PROGRAMS FOR VOLUNTEER FIREFIGHTERS 1,000
    LAKESIDE SCHOOL
    14050 FIRST AVENUE NE
    SEATTLE,WA98103     		NONE 501(C)(3) & ANNUAL FUND 5,000
    NOAH ANIMAL ADOPTION CENTER
    31300 BRANDSTROM ROAD
    STANWOOD,WA98292     		NONE 501(C)(3) & ANIMAL SHELTER CARE 300
    NORTHWEST FILM FORUM
    1515 - 12TH AVENUE
    SEATTLE,WA981223907     		NONE 501(C)(3) & FILM DOCUMENTARIES 1,000
    PACIFIC NORTHWEST BALLET (PNB)
    301 MERCER STREET
    SEATTLE,WA98109     		NONE 501(C)(3) & PERFORMING ARTS - ENDOWMENT FUND 5,000
    SAMA FOUNDATION
    1900 N NORTHLAKE WAY SUI
    SEATTLE,WA98103     		NONE 501(C)(3) & SCIENCE & MGMT OF ADDICTIONS RESEARC 15,000
    SEATTLE UNION GOSPEL MISSION
    P O BOX 202
    SEATTLE,WA981119945     		NONE 501(C)(3) & HOMELESS SHELTER 5,000
    SENIOR SERVICES
    2208 SECOND AVENUE
    SEATTLE,WA98121     		NONE 501(C)(3) & SENIOR SERVICE ASSISTANCE 5,000
    ST JUDE CHILDREN'S HOSPITAL
    P O BOX 810
    MEMPHIS,TN38101     		NONE 501(C)(3) & MEDICAL RESEARCH 10,000
    WOODLAND PARK ZOO
    601 N 59TH STREET
    SEATTLE,WA98103     		NONE 501(C)(3) & ASIAN TROPICAL FOREST FUND 50,000
    NOAH ANIMAL ADOPTION CENTER
    31300 BRANDSTROM ROAD
    STANWOOD,WA98292     		NONE 501(C)(3) & ANIMAL SHELTER CARE 200
    Total .................................bullet 3a 1,075,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2011)
    Form 990-PF (2011)
    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     14 370,870  
    4 Dividends and interest from securities....     14 316,586  
    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     18 214,815  
    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)..   902,271  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13902,271
    (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 (2011)
    Form 990-PF (2011)
    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 (2011)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2011 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 4,035     4,035

    TY 2011 CompensationExplanation
    Name:
    KEITH & MARY KAY MCCAW
    FAMILY FOUNDATION
    EIN: 91-1920617
    Person Name Explanation
    MARY KAY MCCAW  
    DEBRA TAWNEY STROH  
    JOSEPH D WEINSTEIN  

    TY 2011 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 2011 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 109,921 109,921
    STATOILHYDRO 57,862 57,862
    VERIZON NEW ENGLAND    
    BP CAP MKTS    
    AT&T 63,465 63,564
    PRINCIPAL LIFE 4/15/14 26,408 26,408
    BLACKROCK    
    DU POND EI DE    
    NATIONAL RURAL UTILS 2008 86,379 86,379
    HSEHD FIN CORP    
    ORACLE 117,900 117,900
    GENERAL ELECTRIC CO. NOTE 5% 281,366 281,366
    ABBOTT LABS    
    GOLDMAN SACHS GROUP INC.    
    LOWES 103,382 103,382
    PRINCIPAL LIFE 12/14/12 104,079 104,079
    CISCO SYSTEMS    
    FLORIDA POWER 90,310 90,310
    MCDONALDS CORP. 125,682 125,682
    UNITED TECHNOLOGIES 4.5% DUE 4/15/20    
    NUCOR CORP. 108,103 108,103
    JOHN DEERE    
    PEPSICO 3.125% DUE 11/1/20    
    VERIZON COMMUNICATIONS 6.1% DUE 4/15 90,102 90,102
    WESTPAC BKG CORP. 301,458 301,458
    ROYAL BANK CDA MEDIUM TERM    
    TOTAL CAP 2.3% DUE 3/15/16    
    ROYAL BANK SCOTLAND    
    BECTON DICKINSON 3.25% DUE 11/12/20    
    CAMPBELL SOUP CO. 3.05% DUE 7/15/17 26,722 26,722
    GENERAL ELECTRIC CORP MEDIUM 4.375% 91,970 91,970
    HEWLETT PACKARD 3.75% DUE 12/1/20 74,030 74,030
    JPMORGAN CHASE 3.4% DUE 6/24/15    
    MERCK & CO. 3.875% DUE 1/15/21    
    CHARLES SCHWAB 4.45% DUE 7/22/20    
    US BANCORP MED TERM 1.375%    
    WALMART STORES 3.625% DUE 7/8/20 136,997 136,997
    BNP PARIBAS 3.6% 2/23/16 98,487 98,487
    ABBEY NATL TREAS 4% 4/27/16 89,715 89,715
    AIR PROD & CHEMS 3% 11/3/21 126,885 126,885
    AMERICAN EXPRESS 2.8% 9/19/16 125,613 125,613
    AMGEN INC 2.3% 6/15/16 125,854 125,854
    ARCHER DANIELS 4.479% 3/1/21 113,279 113,279
    BANK OF AMERICA 5% 5/13/21 68,313 68,313
    BECTON & DICKINSON 3.25% 11/12/20 103,561 103,561
    BK NY INC MED TERM 2.3% 7/28/16 100,310 100,310
    COLGATE-PALMOLIVE CO 1.3% 1/15/17 129,133 129,133
    CR SUISSE 4.875% 1/15/15 73,138 73,138
    DANAHER CORP 3.9% 6/23/21 55,200 55,200
    JOHN DEERE 3.15% 10/15/21 127,395 127,395
    E.I DU PONT 4.25% 4/1/21 56,505 56,505
    HEWLETT PACKARD CO 3% 9/15/16 125,882 125,882
    INTEL CORP 3.3% 10/1/21 47,404 47,404
    JP MORGAN CHASE 3.45% 3/1/16 96,516 96,516
    JP MORGAN CHASE 4.35% 8/15/21 80,793 80,793
    MEDTRONIC INC 2.265% 3/15/16 41,430 41,430
    MERCK & CO INC 3.875% 1/15/21 140,721 140,721
    MORGAN STANLEY 5.75% 1/25/21 153,913 153,913
    OCCIDENTAL PETE 1.75% 2/15/17 65,835 65,835
    PNC FDG CORP 2.7% 9/19/16 35,629 35,629
    UNITEDHEALTH GROUP 1.875% 11/15/16 74,989 74,989
    UTD TECHNOLOGIES 4.5% 4/15/20 84,522 84,522
    WELLS FARGO & CO 4.6% 4/1/21 137,085 137,085
    3M CO 1.375% 9/29/16 151,287 151,287

    TY 2011 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 63,821 63,821
    ALTERA CORP 54,537 54,537
    CISCO    
    DANAHER 146,765 146,765
    AMAZON 99,706 99,706
    EXXON MOBIL 205,967 205,967
    CUMMINS    
    GENERAL ELECTRIC 93,848 93,848
    JOHNSON & JOHNSON 52,464 52,464
    MICROSOFT    
    PROCTER & GAMBLE 128,083 128,083
    UNITED TECHNOLOGIES    
    FEDEX    
    WELLS FARGO 115,339 115,339
    GOOGLE 138,869 138,869
    PEPSICO    
    JOHNSON CONTROLS 69,710 69,710
    VERIZON COMMUNICATIONS 62,988 62,988
    WALT DISNEY CO. 72,188 72,188
    MCKESSON 120,761 120,761
    MEDCO HEALTH SOLUTIONS INC.    
    NIKE 67,459 67,459
    NOBLE ENERGY 67,489 67,489
    TRAVELERS COS 64,495 64,495
    APPLE INC. 247,050 247,050
    CHEVRON CORP. 163,324 163,324
    EMERSON ELECTRIC CO.    
    NATIONAL OILWELL 100,965 100,965
    UNITED HEALTHCARE 125,686 125,686
    SUNCOR    
    COSTCO WHOLESALE CORP. 116,648 116,648
    PRINCIPAL FINANCIAL GROUP, INC. 79,089 79,089
    SPECTRA ENERGY CORP. 150,060 150,060
    US BANCORP 99,138 99,138
    INTERNATIONAL BUSINESS MACHINE 187,741 187,741
    JPMORGAN CHASE 113,549 113,549
    WALMART STORES 64,840 64,840
    BHP BILLITON ADR 72,396 72,396
    COVIDIEN 70,216 70,216
    TEVA PHARMACEUTICALS ADR    
    NOVARTIS AG ADR 85,755 85,755
    AMERICAN EXPRESS 110,614 110,614
    BERKSHIRE HATHAWAY    
    CITRIX SYSTEMS INC. 90,169 90,169
    COLGATE-PALMOLIVE CO.    
    CONOCO PHILLIPS 75,785 75,785
    DOMINION RES INC. 108,283 108,283
    DU PONT EI DE NEMOURS 116,968 116,968
    EMC CORP. 108,777 108,777
    FRANKLIN RES INC. 89,528 89,528
    GRAINGER WW INC. 84,984 84,984
    HJ HEINZ 93,759 93,759
    JUNIPER NETWORKS INC.    
    LOWES    
    OMNICOM GROUP 89,829 89,829
    ORACLE CORP. 117,605 117,605
    SALESFORCE COM 81,168 81,168
    SIMON PROPERTY GROUP 132,035 132,035
    STARWOOD HOTELS & RESORTS    
    WHOLE FOODS MARKET 117,938 117,938
    AUTODEAK INC 43,827 43,827
    BRISTOL MEYERS SQUIBB CO 124,397 124,397
    COCA COLA CO 132,593 132,593
    EATON CORP 79,442 79,442
    MCDONALDS CORP 93,809 93,809
    NORFOLK SOUTHERN CORP 109,290 109,290
    PRECISION CASTPARTS CORP 55,699 55,699
    QUALCOMM INC 120,067 120,067
    SCHLUMBERGER LTD 73,228 73,228
    UNITED TECHNOLOGIES CORP 65,781 65,781
    VF CORP 131,689 131,689

    TY 2011 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 1,007,531 1,007,531
    MFB NORTHERN FDS SMALL CAP INDEX FMV 1,008,787 1,008,787
    MFB NORTHERN EMERGING MARKETS FMV 563,525 563,525
    MFB NORTHERN FDS INTL GROWTH FMV 1,121,236 1,121,236
    MFB NORTHERN INTL EQUITY INDEX FMV 1,067,590 1,067,590
    MFB NORTHERN HIGH YIELD FMV 1,677,820 1,677,820

    TY 2011 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 321      


    TY 2011 OtherDecreasesSchedule
    Name:
    KEITH & MARY KAY MCCAW
    FAMILY FOUNDATION
    EIN: 91-1920617
    Description Amount
    UNREALIZED LOSSES 606,731


    TY 2011 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 25     25
    OFFICE EXPENSE 10     10


    TY 2011 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 88,665 88,665    


    TY 2011 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 21,814      
    FOREIGN TAXES 7,447 7,447