Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
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
DISCUREN CHARITABLE FOUNDATION
 

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

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

(206) 359-8574
C bullet
D 1. bullet
H Check type of organization:
2. bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$15,201,515J 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) 2,362,249
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 343,066 337,315  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,236,023
b Gross sales price for all assets on line 6a 6,731,496
7 Capital gain net income (from Part IV, line 2)... 1,236,023
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 3,941,338 1,573,338  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 103,184 10,318   92,865
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment 39,348 3,935 0 35,414
b Accounting fees (attach schedule)....... Click to see attachment 3,552 3,196 0 355
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 119,620 13,037   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 400 0 0 400
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 90,909 82,190   8,719
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 357,013 112,676 0 137,753
25 Contributions, gifts, grants paid........ 1,315,115 1,315,115
26 Total expenses and disbursements. Add lines 24 and 25 1,672,128 112,676 0 1,452,868
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,269,210
b Net investment income (if negative, enter -0-) 1,460,662
c Adjusted net income (if negative, enter -0-)... 0
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (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............... 42,560 32,741 32,741
2 Savings and temporary cash investments.......... 757,133 870,654 870,654
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 6,478,463 Click to see attachment4,165,441 4,937,167
c Investments—corporate bonds (attach schedule)........ 100,344    
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 6,091,261 Click to see attachment9,576,640 9,360,953
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) 13,469,761 14,645,476 15,201,515
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 13,469,761 14,645,476
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).................... 13,469,761 14,645,476
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 13,469,761 14,645,476
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 13,469,761
2 Enter amount from Part I, line 27a..................... 2 2,269,210
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 31,027
4 Add lines 1, 2, and 3.......................... 4 15,769,998
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 1,124,522
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 14,645,476
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 1679. AT&T INC   2010-01-21 2011-01-04
b 868. ABBOTT LABS COM   2010-10-08 2011-01-04
c 628. AIR PRODUCTS & CHEMICALS INC   2010-01-21 2011-01-04
d 475. APACHE CORP   2010-01-21 2011-01-04
e 455. BAKER HUGHES INC COM   2005-11-02 2011-01-04
114. BAKER HUGHES INC COM   2010-01-21 2011-01-04
305. BANK OF NEW YORK MELLON CORP   2008-07-10 2011-01-04
122. BANK OF NEW YORK MELLON CORP   2010-01-21 2011-01-04
578. BANK OF NEW YORK MELLON CORP   2005-11-02 2011-01-04
268. BECTON DICKINSON & CO   2010-01-21 2011-01-04
190. BECTON DICKINSON & CO   2008-07-10 2011-01-04
186. BLACKROCK, INC.   2010-06-18 2011-01-04
701. CHEVRON CORPORATION   2010-01-21 2011-01-04
624. CHUBB CORP   2010-06-18 2011-01-04
188. CISCO SYSTEMS INC   2008-07-10 2011-01-04
1595. CISCO SYSTEMS INC   2010-01-21 2011-01-04
935. COMCAST CORP NEW CL A   2009-09-21 2011-01-04
308. COMCAST CORP NEW CL A   2010-01-21 2011-01-04
565. CONOCOPHILLIPS COM   2001-10-09 2011-01-04
25. DANAHER CORP DEL COM   2007-06-19 2011-01-04
1115. DANAHER CORP DEL COM   2010-01-21 2011-01-04
967. WALT DISNEY CO   2010-01-21 2011-01-04
365. WALT DISNEY CO   2006-11-14 2011-01-04
80. WALT DISNEY CO   2008-04-02 2011-01-04
2048. EMC CORP   2010-01-21 2011-01-04
354. EATON CORPORATION   2010-01-21 2011-01-04
150. EXXON MOBIL CORP   2008-07-10 2011-01-04
174. EXXON MOBIL CORP   2010-01-21 2011-01-04
95. EXXON MOBIL CORP   2008-04-02 2011-01-04
62. FRANKLIN RESOURCES INC   2008-07-10 2011-01-04
290. FRANKLIN RESOURCES INC   2010-01-21 2011-01-04
1580. GENERAL ELECTRIC CO COM   2008-07-10 2011-01-04
225. GENERAL ELECTRIC CO COM   2005-11-02 2011-01-04
582. GENERAL ELECTRIC CO COM   2010-01-21 2011-01-04
70. INTEL CORP COM   2005-11-02 2011-01-04
1631. INTEL CORP COM   2010-01-21 2011-01-04
295. INTEL CORP COM   2008-04-02 2011-01-04
48. INTERNATIONAL BUSINESS MACH   1966-06-17 2011-01-04
34. INTERNATIONAL BUSINESS MACH   1966-03-18 2011-01-04
160. INTERNATIONAL BUSINESS MACH   1967-02-02 2011-01-04
135. INTERNATIONAL BUSINESS MACH   2005-11-02 2011-01-04
557. JPMORGAN CHASE & CO   2010-01-21 2011-01-04
1565. MICROSOFT CORP   2010-01-21 2011-01-04
525. NIKE INC CLASS B   2010-01-21 2011-01-04
4. NIKE INC CLASS B   2008-07-10 2011-01-04
500. NOVARTIS A G SPONSORED ADR   2005-11-02 2011-01-04
265. NOVARTIS A G SPONSORED ADR   2007-06-19 2011-01-04
166. NOVARTIS A G SPONSORED ADR   2010-01-21 2011-01-04
173. ORACLE CORP COM   2008-07-10 2011-01-04
1760. ORACLE CORP COM   2010-01-21 2011-01-04
341. PAYCHEX INC COM   2010-01-21 2011-01-04
400. PAYCHEX INC COM   2008-07-10 2011-01-04
180. PAYCHEX INC COM   2007-05-11 2011-01-04
721. PEPSICO INC   2010-01-21 2011-01-04
45. PEPSICO INC   2008-07-10 2011-01-04
57. PFIZER INC COM   2010-06-18 2011-01-04
1972. PFIZER INC COM   2009-11-06 2011-01-04
644. PROCTER & GAMBLE CO COM   2010-01-21 2011-01-04
130. PROCTER & GAMBLE CO COM   2007-06-19 2011-01-04
879. QUALCOMM INC COM   2010-01-21 2011-01-04
582. SPDR S&P BIOTECH ETF   2008-09-23 2011-01-04
1175. CHARLES SCHWAB CORP   2010-01-21 2011-01-04
5. CHARLES SCHWAB CORP   2009-03-20 2011-01-04
1878. UTILITIES SELECT SECTOR SPDR FUND   2010-01-21 2011-01-04
110. UTILITIES SELECT SECTOR SPDR FUND   2005-11-02 2011-01-04
515. STRYKER CORP   2010-01-21 2011-01-04
125. STRYKER CORP   2008-07-10 2011-01-04
195. SYSCO CORP COM   2005-11-02 2011-01-04
963. SYSCO CORP COM   2010-01-21 2011-01-04
440. SYSCO CORP COM   2008-07-10 2011-01-04
277. UNITED PARCEL SERVICE INC CL B   2010-01-21 2011-01-04
30. UNITED PARCEL SERVICE INC CL B   2007-04-16 2011-01-04
180. UNITED PARCEL SERVICE INC CL B   2007-06-19 2011-01-04
15. UNITED PARCEL SERVICE INC CL B   2005-11-02 2011-01-04
743. UNITED TECHNOLOGIES CORP COM   2010-01-21 2011-01-04
398. VF CORPORATION   2010-01-21 2011-01-04
866. WAL-MART STORES INC   2010-01-21 2011-01-04
150. WALGREEN CO COM   2007-06-19 2011-01-04
280. WALGREEN CO COM   2007-10-18 2011-01-04
752. WALGREEN CO COM   2010-01-21 2011-01-04
100. WELLS FARGO & CO   2005-11-02 2011-01-04
965. WELLS FARGO & CO   2010-01-21 2011-01-04
1031. ACCENTURE PLC F   2010-01-21 2011-01-04
200. SM ENERGY CO   2010-11-22 2011-02-10
10. APPLE, INC.   2010-10-26 2011-02-24
105. STAPLES, INC   2010-10-04 2011-02-24
90. STAPLES, INC   2010-09-29 2011-02-24
150. US BANCORP   2010-09-29 2011-02-24
270. STAPLES, INC   2010-09-29 2011-03-09
6.585 HARBOR INTERNATIONAL FUND   2007-06-19 2011-03-22
1518.771 HARBOR INTERNATIONAL FUND   2008-07-10 2011-03-22
96.178 HARBOR INTERNATIONAL FUND   2010-12-29 2011-03-22
110. BAXTER INTL INC COM   2010-10-26 2011-03-28
105. BAXTER INTL INC COM   2010-09-30 2011-03-28
115. CENTURYTEL INC   2010-10-04 2011-03-28
95. CHUBB CORP   2010-10-26 2011-03-28
15. CHUBB CORP   2010-09-29 2011-03-28
75. COSTCO WHSL CORP NEW COM   2010-09-29 2011-03-28
310. KONINKLIJKE PHILIPS ELECTRS NV NY REG SH NEW   2010-10-05 2011-03-28
110. NIKE INC CLASS B   2010-09-29 2011-03-28
50. VISA INC   2010-09-29 2011-03-28
500. OPLINK COMMUNICATIONS INC NE W   2010-11-22 2011-03-31
630. GULFMARK OFFSHORE INC. CL A NEW   2010-11-22 2011-04-01
340. PIPER JAFFRAY COS   2010-11-22 2011-04-04
220. PIPER JAFFRAY COS   2010-11-22 2011-04-05
75. SM ENERGY CO   2010-11-22 2011-04-06
275. SM ENERGY CO   2010-11-22 2011-04-08
75. ALCON INC.   2010-09-30 2011-04-13
897. UTILITIES SELECT SECTOR SPDR FUND   2010-01-21 2011-04-14
344. AT&T INC   2010-01-21 2011-05-13
178. ABBOTT LABS COM   2010-10-08 2011-05-13
129. AIR PRODUCTS & CHEMICALS INC   2010-01-21 2011-05-13
97. APACHE CORP   2010-01-21 2011-05-13
116. BAKER HUGHES INC COM   2010-01-21 2011-05-13
206. BANK OF NEW YORK MELLON CORP   2010-01-21 2011-05-13
94. BECTON DICKINSON & CO   2010-01-21 2011-05-13
38. BLACKROCK, INC.   2010-06-18 2011-05-13
144. CHEVRON CORPORATION   2010-01-21 2011-05-13
128. CHUBB CORP   2010-06-18 2011-05-13
365. CISCO SYSTEMS INC   2008-07-10 2011-05-13
255. COMCAST CORP NEW CL A   2010-01-21 2011-05-13
116. CONOCOPHILLIPS COM   2001-10-09 2011-05-13
233. DANAHER CORP DEL COM   2010-01-21 2011-05-13
289. WALT DISNEY CO   2010-01-21 2011-05-13
142. EMC CORP   2005-11-02 2011-05-13
120. EMC CORP   2008-04-02 2011-05-13
157. EMC CORP   2010-01-21 2011-05-13
145. EATON CORPORATION   2010-01-21 2011-05-13
86. EXXON MOBIL CORP   2010-01-21 2011-05-13
72. FRANKLIN RESOURCES INC   2008-07-10 2011-05-13
489. GENERAL ELECTRIC CO COM   2010-01-21 2011-05-13
409. INTEL CORP COM   2010-01-21 2011-05-13
77. INTERNATIONAL BUSINESS MACH   1966-03-18 2011-05-13
194. JPMORGAN CHASE & CO   2011-04-14 2011-05-13
150. MICROSOFT CORP   2005-11-02 2011-05-13
170. MICROSOFT CORP   2010-01-21 2011-05-13
108. NIKE INC CLASS B   2008-07-10 2011-05-13
191. NOVARTIS A G SPONSORED ADR   2010-01-21 2011-05-13
39. ORACLE CORP COM   2008-04-02 2011-05-13
357. ORACLE CORP COM   2008-07-10 2011-05-13
189. PAYCHEX INC COM   2010-01-21 2011-05-13
157. PEPSICO INC   2010-01-21 2011-05-13
287. PFIZER INC COM   1960-04-12 2011-05-13
128. PFIZER INC COM   2010-06-18 2011-05-13
158. PROCTER & GAMBLE CO COM   2010-01-21 2011-05-13
180. QUALCOMM INC COM   2010-01-21 2011-05-13
86. SPDR S&P BIOTECH ETF   2010-01-21 2011-05-13
33. SPDR S&P BIOTECH ETF   2008-09-23 2011-05-13
242. CHARLES SCHWAB CORP   2009-03-20 2011-05-13
293. UTILITIES SELECT SECTOR SPDR FUND   2010-01-21 2011-05-13
131. STRYKER CORP   2010-01-21 2011-05-13
327. SYSCO CORP COM   2010-01-21 2011-05-13
103. UNITED PARCEL SERVICE INC CL B   2010-01-21 2011-05-13
65. UNITED TECHNOLOGIES CORP COM   2008-07-10 2011-05-13
87. UNITED TECHNOLOGIES CORP COM   2010-01-21 2011-05-13
50. VF CORPORATION   2008-11-07 2011-05-13
32. VF CORPORATION   2010-01-21 2011-05-13
177. WAL-MART STORES INC   2010-01-21 2011-05-13
242. WALGREEN CO COM   2010-01-21 2011-05-13
163. WELLS FARGO & CO   2010-06-18 2011-05-13
55. WELLS FARGO & CO   2010-01-21 2011-05-13
62. ACCENTURE PLC F   2009-06-26 2011-05-13
140. ACCENTURE PLC F   2010-06-18 2011-05-13
9. ACCENTURE PLC F   2010-01-21 2011-05-13
40. CARBO CERAMICS INC   2011-02-24 2011-05-20
200. CHUBB CORP   2010-09-29 2011-05-20
305. STAPLES, INC   2010-09-29 2011-05-20
195. TARGET CORP COM   2010-12-28 2011-05-20
150. TENARIS S.A. - ADR   2010-10-15 2011-05-20
200. POLYCOM   2010-11-22 2011-06-28
750. II-VI INC   2010-11-22 2011-07-06
795. CONOCOPHILLIPS COM   2001-10-09 2011-07-21
225. ZOLL MEDICAL CORP   2010-11-22 2011-07-21
190. ADOBE SYSTEMS INC   2010-10-26 2011-08-04
405. ADOBE SYSTEMS INC   2010-09-29 2011-08-04
65. CME GROUP INC   2010-09-29 2011-08-04
60. DEERE & CO.   2010-12-28 2011-08-04
75. DEERE & CO.   2010-12-10 2011-08-04
50. DEERE & CO.   2010-09-29 2011-08-04
315. T ROWE PRICE GROUP INC   2010-09-29 2011-08-04
915. US BANCORP   2010-09-29 2011-08-04
310. ASM HOLDING NV F   2011-03-28 2011-08-04
300. AMERON INTERNATIONAL CORP   2010-11-22 2011-08-09
705. FORD MOTOR CO   2010-11-22 2011-08-24
643. BECTON DICKINSON & CO   2010-01-21 2011-08-25
22962. CEF ISHARES S&P MIDCAP 400 INDEX FUND   2008-12-31 2011-08-25
1295. PAYCHEX INC COM   2010-01-21 2011-08-25
150. CENTURYTEL INC   2010-10-04 2011-09-19
30. FRANKLIN RESOURCES INC   2010-10-26 2011-09-19
135. JONES LANG LASALLE INC   2011-08-04 2011-09-19
85. PERRIGO CO.   2010-09-30 2011-09-19
175. ST JUDE MEDICAL INC   2010-09-30 2011-09-19
215. SAP AG ADR   2010-10-05 2011-09-19
215. STARWOOD HOTELS & RESORTS WORLDWIDE, INC   2011-05-20 2011-09-19
225. THERMO FISHER SCIENTIFIC INC   2010-09-30 2011-09-19
825. WRIGHT MEDICAL GROUP INC   2010-11-22 2011-09-26
33. MONSANTO CO   2010-09-28 2011-09-28
37. MONSANTO CO   2010-10-01 2011-09-28
4166. MONSANTO CO   1913-03-01 2011-09-28
62. MONSANTO CO   2010-09-22 2011-09-28
154. MONSANTO CO   2010-07-02 2011-09-28
41. MONSANTO CO   2010-07-02 2011-09-28
2852. PFIZER INC COM   1960-04-12 2011-09-28
3343. PFIZER INC COM   1913-03-01 2011-09-28
4443.968 VANGUARD INFLATION-PROTECTED SECURITIES FD-ADM CL   2010-01-21 2011-09-28
90. ITRON INC COM   2010-10-26 2011-10-07
175. ITRON INC COM   2010-09-29 2011-10-07
30. SPDR GOLD TRUST   2010-12-10 2011-10-07
110. ST JUDE MEDICAL INC   2010-09-30 2011-10-07
145. ST JUDE MEDICAL INC   2010-10-26 2011-10-07
105. CHEVRON CORPORATION   2010-01-21 2011-10-17
125. INTERNATIONAL BUSINESS MACH   1966-03-18 2011-10-17
115. VF CORPORATION   2008-11-07 2011-10-17
85. PERRIGO CO.   2010-09-30 2011-11-11
195. TENARIS S.A. - ADR   2010-10-15 2011-11-11
100000. FANNIE MAE 5.625% DUE 11/15/ 2021   2007-03-27 2011-11-15
940. FIRST NIAGARA FINANCIAL GRP   2010-11-22 2011-11-16
2953. IPATH DJ-UBS COMMDTY ETN   2011-08-25 2011-11-28
7070. IPATH DJ-UBS COMMDTY ETN   2010-01-21 2011-11-28
19374.481 FAIRHOLME FUND   2011-01-06 2011-11-30
337. SYSCO CORP COM   2010-01-21 2011-12-08
951. WALGREEN CO COM   2010-01-21 2011-12-08
710. WALGREEN CO COM   2008-07-10 2011-12-08
1425. PENN VIRGINIA CORP   2011-04-01 2011-12-16
35. FIRST SOLAR INC COM   2010-09-29 2011-12-21
40. FIRST SOLAR INC COM   2010-10-04 2011-12-21
230. JOHNSON CTLS INC COM   2010-09-29 2011-12-21
375. JUNIPER NETWORKS INC   2010-09-29 2011-12-21
270. NETAPP INC.   2010-09-29 2011-12-21
110. VERTEX PHARMACEUTICALS INC   2011-09-19 2011-12-21
125. VERTEX PHARMACEUTICALS INC   2011-10-07 2011-12-21
1342. BANK OF NEW YORK MELLON CORP   2010-01-21 2011-12-30
70. BANK OF NEW YORK MELLON CORP   2010-06-18 2011-12-30
CAPITAL GAIN DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 50,067   43,268 6,799
b 41,750   45,913 -4,163
c 56,063   50,728 5,335
d 57,165   50,055 7,110
e 25,459   26,103 -644
6,379   5,397 982
9,342   10,998 -1,656
3,737   3,800 -63
17,704   19,266 -1,562
22,274   20,492 1,782
15,791   15,770 21
35,237   29,632 5,605
64,056   53,816 10,240
37,416   33,075 4,341
3,856   2,632 1,224
32,713   38,440 -5,727
20,841   16,147 4,694
6,865   4,956 1,909
38,217   1,869 36,348
1,167   941 226
52,044   41,888 10,156
37,422   29,812 7,610
14,125   11,556 2,569
3,096   2,530 566
47,124   35,738 11,386
36,267   23,697 12,570
11,218   12,698 -1,480
13,013   11,635 1,378
7,105   8,401 -1,296
6,976   5,480 1,496
32,629   30,510 2,119
28,930   43,528 -14,598
4,120   7,607 -3,487
10,656   9,399 1,257
1,478   1,627 -149
34,445   34,006 439
6,230   6,443 -213
7,097   485 6,612
5,027   292 4,735
23,658   1,593 22,065
19,962   10,919 9,043
24,485   22,814 1,671
43,773   47,294 -3,521
44,021   33,453 10,568
335   224 111
29,165   27,195 1,970
15,457   14,702 755
9,683   8,910 773
5,436   3,683 1,753
55,302   43,912 11,390
10,472   10,363 109
12,284   12,788 -504
5,528   7,016 -1,488
47,167   44,204 2,963
2,944   2,944  
1,016   866 150
35,160   33,524 1,636
41,705   38,608 3,097
8,419   7,969 450
44,530   42,693 1,837
37,032   35,112 1,920
20,221   22,384 -2,163
86   70 16
59,344   57,575 1,769
3,476   3,399 77
27,862   28,237 -375
6,763   8,117 -1,354
5,762   5,963 -201
28,456   27,089 1,367
13,002   12,588 414
20,110   16,626 3,484
2,178   2,128 50
13,068   13,136 -68
1,089   1,110 -21
58,679   52,273 6,406
33,789   29,798 3,991
47,396   46,036 1,360
5,950   6,591 -641
11,107   10,699 408
29,831   27,365 2,466
3,169   2,988 181
30,580   27,145 3,435
49,680   44,498 5,182
12,378   9,949 2,429
3,407   3,082 325
2,181   2,179 2
1,869   1,861 8
4,118   3,258 860
5,479   5,584 -105
406   466 -60
93,663   96,548 -2,885
5,931   5,826 105
5,890   5,616 274
5,622   5,024 598
4,715   4,535 180
5,718   5,569 149
903   850 53
5,351   4,849 502
9,648   9,876 -228
8,356   8,784 -428
3,652   3,701 -49
9,826   8,794 1,032
28,073   18,779 9,294
14,178   10,464 3,714
9,087   6,771 2,316
5,853   3,731 2,122
20,912   13,680 7,232
400   401 -1
28,417   27,500 917
10,723   8,865 1,858
9,530   9,415 115
11,707   10,420 1,287
11,846   10,222 1,624
8,029   5,492 2,537
5,797   6,417 -620
8,234   7,188 1,046
7,373   6,054 1,319
14,637   11,055 3,582
8,282   6,785 1,497
6,121   5,110 1,011
6,375   4,103 2,272
8,226   384 7,842
12,542   8,753 3,789
11,930   8,910 3,020
3,932   1,948 1,984
3,323   1,799 1,524
4,347   2,740 1,607
7,505   4,853 2,652
6,929   5,751 1,178
9,127   6,364 2,763
9,668   7,897 1,771
9,591   8,528 1,063
13,060   662 12,398
8,352   8,767 -415
3,741   3,972 -231
4,240   5,137 -897
9,209   6,042 3,167
11,551   10,252 1,299
1,376   804 572
12,595   7,601 4,994
6,097   5,744 353
11,035   9,626 1,409
5,958   224 5,734
2,657   1,946 711
10,523   9,472 1,051
10,226   8,743 1,483
6,323   4,760 1,563
2,426   1,991 435
4,225   3,388 837
9,886   8,983 903
8,235   7,183 1,052
10,362   9,198 1,164
7,606   6,182 1,424
5,745   4,027 1,718
7,690   6,121 1,569
5,051   2,549 2,502
3,233   2,396 837
9,802   9,409 393
10,803   8,806 1,997
4,545   4,566 -21
1,533   1,547 -14
3,480   2,055 1,425
7,858   5,457 2,401
505   388 117
6,031   4,638 1,393
13,157   11,338 1,819
5,006   6,308 -1,302
9,693   11,705 -2,012
7,031   6,302 729
12,783   7,202 5,581
20,286   15,412 4,874
60,192   2,629 57,563
12,749   7,191 5,558
5,095   5,344 -249
10,861   10,566 295
17,692   16,934 758
4,451   5,013 -562
5,563   6,171 -608
3,709   3,575 134
16,836   15,629 1,207
22,584   19,874 2,710
10,359   13,505 -3,146
25,128   20,740 4,388
7,240   11,518 -4,278
50,188   49,166 1,022
1,878,650   1,221,431 657,219
33,660   39,355 -5,695
5,169   5,916 -747
3,454   3,484 -30
7,924   10,068 -2,144
8,168   5,444 2,724
7,351   6,891 460
10,731   10,939 -208
9,464   12,763 -3,299
11,862   10,839 1,023
14,809   11,650 3,159
2,099   1,591 508
2,353   1,775 578
264,960   11,940 253,020
3,943   3,359 584
9,795   7,546 2,249
2,608   2,004 604
50,337   2,225 48,112
59,003   56 58,947
123,187   111,010 12,177
2,788   5,717 -2,929
5,422   10,438 -5,016
4,784   4,060 724
4,084   4,332 -248
5,384   5,607 -223
10,397   8,061 2,336
23,449   1,075 22,374
15,076   5,862 9,214
7,802   5,444 2,358
7,051   8,193 -1,142
100,000   100,344 -344
8,378   11,542 -3,164
125,842   141,833 -15,991
301,288   290,082 11,206
486,299   700,000 -213,701
9,836   9,480 356
32,538   34,607 -2,069
24,293   23,735 558
6,308   24,074 -17,766
1,110   5,219 -4,109
1,269   5,702 -4,433
6,839   7,028 -189
7,232   11,568 -4,336
9,435   13,661 -4,226
3,626   5,515 -1,889
4,120   5,623 -1,503
26,764   41,803 -15,039
1,396   1,863 -467
      6
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       6,799
b       -4,163
c       5,335
d       7,110
e       -644
      982
      -1,656
      -63
      -1,562
      1,782
      21
      5,605
      10,240
      4,341
      1,224
      -5,727
      4,694
      1,909
      36,348
      226
      10,156
      7,610
      2,569
      566
      11,386
      12,570
      -1,480
      1,378
      -1,296
      1,496
      2,119
      -14,598
      -3,487
      1,257
      -149
      439
      -213
      6,612
      4,735
      22,065
      9,043
      1,671
      -3,521
      10,568
      111
      1,970
      755
      773
      1,753
      11,390
      109
      -504
      -1,488
      2,963
       
      150
      1,636
      3,097
      450
      1,837
      1,920
      -2,163
      16
      1,769
      77
      -375
      -1,354
      -201
      1,367
      414
      3,484
      50
      -68
      -21
      6,406
      3,991
      1,360
      -641
      408
      2,466
      181
      3,435
      5,182
      2,429
      325
      2
      8
      860
      -105
      -60
      -2,885
      105
      274
      598
      180
      149
      53
      502
      -228
      -428
      -49
      1,032
      9,294
      3,714
      2,316
      2,122
      7,232
      -1
      917
      1,858
      115
      1,287
      1,624
      2,537
      -620
      1,046
      1,319
      3,582
      1,497
      1,011
      2,272
      7,842
      3,789
      3,020
      1,984
      1,524
      1,607
      2,652
      1,178
      2,763
      1,771
      1,063
      12,398
      -415
      -231
      -897
      3,167
      1,299
      572
      4,994
      353
      1,409
      5,734
      711
      1,051
      1,483
      1,563
      435
      837
      903
      1,052
      1,164
      1,424
      1,718
      1,569
      2,502
      837
      393
      1,997
      -21
      -14
      1,425
      2,401
      117
      1,393
      1,819
      -1,302
      -2,012
      729
      5,581
      4,874
      57,563
      5,558
      -249
      295
      758
      -562
      -608
      134
      1,207
      2,710
      -3,146
      4,388
      -4,278
      1,022
      657,219
      -5,695
      -747
      -30
      -2,144
      2,724
      460
      -208
      -3,299
      1,023
      3,159
      508
      578
      253,020
      584
      2,249
      604
      48,112
      58,947
      12,177
      -2,929
      -5,016
      724
      -248
      -223
      2,336
      22,374
      9,214
      2,358
      -1,142
      -344
      -3,164
      -15,991
      11,206
      -213,701
      356
      -2,069
      558
      -17,766
      -4,109
      -4,433
      -189
      -4,336
      -4,226
      -1,889
      -1,503
      -15,039
      -467
       
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 1,236,023
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions).
If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2010 1,297,457 13,769,784 0.094225
2009 906,196 5,418,332 0.167246
2008 979,524 5,906,077 0.16585
2007 863,842 5,686,173 0.15192
2006 885,022 4,903,826 0.180476
2 Total of line 1, column (d) ...................... 2 0.759717
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 0.151943
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 15,050,693
5 Multiply line 4 by line 3....................... 5 2,286,847
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 14,607
7 Add lines 5 and 6......................... 7 2,301,454
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,452,868
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 29,213
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2............................ 3 29,213
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 29,213
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 38,003
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 38,003
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 384
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 8,406
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet8,406 Refunded Bullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)bulletWA
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 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 addressbullet  
    14
    The books are in care ofbulletJEAN WATSON SEC-TREAS Telephone no.bullet (206) 359-8574
    Located atbullet1201 THIRD AVE SUITE 4800SEATTLEWA ZIP+4bullet981013099
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 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
     
    No
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (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
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 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
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 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
    GREG COY DIRECTOR AND PROGRAM MANAGER
    23     		87,176    
    1201 THIRD AVE 48TH FLOOR
    SEATTLE,WA981013099
    POLLY M OLSEN DIRECTOR
    2     		8,004    
    1201 THIRD AVE 48TH FLOOR
    SEATTLE,WA981013099
    MARTHA ASHENFELTER DIRECTOR
    2     		8,004    
    1201 THIRD AVE 48TH FLOOR
    SEATTLE,WA981013099
    COLONEL F BETZ PRESIDENT
    0     		0    
    1201 THIRD AVE 48TH FLOOR
    SEATTLE,WA981013099
    ROBERT S MUCKLESTONE VICE PRES.
    0     		0    
    1201 THIRD AVE 48TH FLOOR
    SEATTLE,WA981013099
    F JEAN WATSON SEC/TREAS.
    1     		0    
    1201 THIRD AVE 48TH FLOOR
    SEATTLE,WA981013099
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions).
    If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (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  
    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
    15,279,891
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    15,279,891
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    15,279,891
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    229,198
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    15,050,693
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    752,535
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    752,535
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    29,213
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    29,213
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    723,322
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    723,322
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    723,322
    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
    1,452,868
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,452,868
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,452,868
    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 7 723,322
    2 Undistributed income, if any, as of the end of 2011:
    a Enter amount for 2010 only....... 0
    b Total for prior years:2009, 20, 20 0
    3 Excess distributions carryover, if any, to 2011:
    a From 2006....... 643,164
    b From 2007....... 612,613
    c From 2008....... 693,744
    d From 2009....... 637,098
    e From 2010....... 717,622
    fTotal of lines 3a through e......... 3,304,241
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 1,452,868
    a Applied to 2010, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		 0
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		0
    d Applied to 2011 distributable amount..... 723,322
    e Remaining amount distributed out of corpus 729,546
    5 Excess distributions carryover applied to 2011. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 4,033,787
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		0
    e Undistributed income for 2010. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		0
    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) ...........     		0
    8Excess distributions carryover from 2006 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		643,164
    9Excess distributions carryover to 2012.
    Subtract lines 7 and 8 from line 6a ......     		3,390,623
    10 Analysis of line 9:
    a Excess from 2007.... 612,613
    b Excess from 2008.... 693,744
    c Excess from 2009.... 637,098
    d Excess from 2010.... 717,622
    e Excess from 2011.... 729,546
    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).)
    NA
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NA
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    F JEAN WATSON
    1201 THIRD AVE SUITE 4800
    SEATTLE,WA981013099
    (206) 359-8574
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATION FORM TO BE PROVIDED BY THE FOUNDATION
    cAny submission deadlines:
    GRANTS ARE AWARDED QUARTERLY AND MUST BE SUBMITTED AT LEAST TWO WEEKS PRIOR TO MEETINGS
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS ARE AWARDED ONLY TO PUBLIC CHARITIES FOR SPECIFIC PROJECTS LOCATED IN WASHINGTON WHICH ADDRESS THE NEEDS OF LITERACY, BASIC EDUCATION AND DROPOUT PREVENTION
    Form 990-PF (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
    Center for Human Services
    17018 - 15TH AVE NE
    Shoreline,WA98155     		NONE 501(C)(3) YOUTH DEVELOPMENT PROGRAM 30,000
    Communites in Schools of
    Spokane County
    905 W RIVERSIDE SUITE 508
    Spokane,WA99201     		NONE 501(C)(3) SCHOOL-BASED MENTORING 25,000
    IslandWood
    811 FIRST AVE SUITE 256
    Seattle,WA98104     		NONE 501(C)(3) FIELD SCIENCE INVESTIGATIONS 30,000
    Lake Washington Schools
    Foundation
    PO BOX 83
    Redmond,WA98073     		NONE 501(C)(3) LOOKING INTO THE NEEDS OF KIDS AND SCHOOLS 30,000
    The Fruit Valley
    Foundation
    PO BOX 72
    Vancouver,WA986660072     		NONE 501(C)(3) STUDENTS TRANSITIONING TO EXCEPTIONAL PEOPLE 15,000
    Communities in Schools of
    Whatcom County
    PO BOX 6071
    Bellingham,WA98227     		NONE 501(C)(3) MIDDLE SCHOOL RESOURCE COORDINATOR 22,604
    Nature Vision Inc
    10400 192ND AVE NE
    Redmond,WA98053     		NONE 501(C)(3) NATURE DISCOVERIES OUTREACH PROJECT 40,000
    Rochester Organization of Familes
    PO BOX 312
    Rochester,WA98579     		NONE 501(C)(3) KID'S PLACE AFTER SCHOOL & SUMMER PROGRAMS 30,000
    YWCA of Seattle King Co
    Snohomish
    801 23RD AVENUE SOUTH SUITE A
    Seattle,WA98144     		NONE 501(C)(3) FEED YOUR BRAIN & REFUGEE SCHOOL PROJECTS 95,000
    Boys & Girls Club of King County
    603 STEWART ST SUITE 300
    Seattle,WA98101     		NONE 501(C)(3) STUDY SQUAD 30,000
    University of Puget Sound
    1500 N WARNER ST 1080
    Tacoma,WA984161080     		NONE 501(C)(3) SUMMER ACADEMIC CHALLENGE 30,000
    Children's Home Society
    of Washington
    1612 PENNY LANE
    Walla Walla,WA993624474     		NONE 501(C)(3) ACADEMICS FUN CLUB/FARM LABOR HOMES 35,000
    Clallam County Family
    YMCA
    302 S FRANCIS STREET
    Port Angeles,WA98362     		NONE 501(C)(3) THE AMERICORPS COLLABORATION 35,000
    North Kitsap School
    District/Suquamish Elem
    18950 PARK AVENUE NE
    Suquamish,WA98392     		NONE 501(C)(3) ROLLING READER PROGRAM 8,325
    Big Brothers Big Sisters of
    NW Washington
    4204 MERIDIAN ST SUITE 101
    Bellingham,WA98226     		NONE 501(C)(3) SCHOOL BUDDIES: MENTORING PROGRAM 30,000
    Granite Falls School
    District
    307 N ALDER AVE
    Granite Falls,WA98252     		NONE 501(C)(3) MENTOR PROGRAM 38,300
    White Salmon Valley School
    PO BOX 1279
    White Salmon,WA98672     		NONE 501(C)(3) STRENGTHENING EARLY LEARNING OPPORTUNITIES 18,109
    Mary Walker School
    District
    PO BOX 159
    Springdale,WA99173     		NONE 501(C)(3) RURAL ALLIANCE FOR COLLEGE SUCCESS 50,000
    Port Gamble S'Klallam Fdn
    31912 LITTLE BOSTON ROAD NE
    Kingston,WA98346     		NONE 501(C)(3) WOLFLE SUMMER EXPERIENCE 10,500
    Big Brothers Big Sisters of
    SW Washington
    1801 BLACK LAKE BLVD SW
    Olympia,WA98512     		NONE 501(C)(3) SCHOOL-BASED MENTORING FOR YOUTH 30,000
    Entiat School District
    2650 ENTIAT WAY
    Entiat,WA98822     		NONE 501(C)(3) READING LAB 20,940
    Nespelem School District
    PO BOX 291
    Nespelem,WA99155     		NONE 501(C)(3) ROVING MATH TUTORS 40,000
    Garden-Raised Bounty
    2016 ELLIOTT AVE NW
    Olympia,WA98502     		NONE 501(C)(3) CULTIVATING YOUTH EMPLOYMENT 40,000
    Washington Alliance for Better
    Schools
    18560 1ST AVENUE NE
    Shoreline,WA98155     		NONE 501(C)(3) PARENT NATURAL LEADERS 25,000
    Communities in Schools of Lakewood
    6402 100TH STREET SW
    Lakewood,WA98499     		NONE 501(C)(3) S.K.I.L.L. AFTER SCHOOL PROGRAM 30,000
    Peace Community Center
    2106 S CUSHMAN AVENUE
    Tacoma,WA98405     		NONE 501(C)(3) MIDDLE SCHOOL PROGRAM START-UP 35,000
    Children's Discovery Fdn
    The Funhouse
    30 PEA PATCH LANE
    Eastsound,WA98245     		NONE 501(C)(3) FUNHOUSE MENTOR PROJECT 30,000
    Readiness to Learn
    Whidbey Foundation
    PO BOX 346
    Langley,WA98260     		NONE 501(C)(3) EDUCATIONAL SUPPORT FOR HOMELESS STUDENTS 20,000
    Communities in Schools of
    Seattle
    PO BOX 24872
    Seattle,WA98124     		NONE 501(C)(3) SITE COORDINATION 40,000
    Communities in Schools of
    Peninsula
    PO BOX 684
    Vaughn,WA98394     		NONE 501(C)(3) MENTORING OUR STUDENTS TO SUCCEED 34,500
    Friends of the Children of
    King County
    PO BOX 22801
    Seattle,WA98122     		NONE 501(C)(3) ENABLING VULNERABLE YOUTH TO ACHIEVE SUCCESS 50,000
    New Futures
    PO BOX 66958
    Burien,WA98166     		NONE 501(C)(3) AFTER SCHOOL YOUTH PROGRAM 40,000
    Yakama Christian Mission
    PO BOX 547
    White Swan,WA98952     		NONE 501(C)(3) JUST LEARNING EXPANDED LEARNING OPPORTUNITY 44,500
    Office of the Education
    Ombudsman
    155 NE 100TH ST SUITE 210
    Seattle,WA981258012     		NONE 501(C)(3) NO PARENT LEFT BEHIND 30,000
    Highline School District
    440 SOUTH 186TH STREET
    Burien,WA98148     		NONE 501(C)(3) STEM INTERNSHIPS 40,000
    Snoqualmie Valley School
    District
    18618 NE 202ND STREET
    Woodinville,WA98077     		NONE 501(C)(3) FIRST YEAR LITERACY FOR LIFE PROGRAM 28,500
    Edmonds School District
    18638 - 44TH AVENUE WEST
    Lynnwood,WA98037     		NONE 501(C)(3) FAMILY ACADEMIC NIGHTS 88,837
    Mary Bridge Children's
    Foundation
    409 SOUTH J STREET
    Tacoma,WA98405     		NONE 501(C)(3) REACH OUT & READ 10,000
    Communities in Schools of
    Federal Way
    PO BOX 3440
    Federal Way,WA98063     		NONE 501(C)(3) MENTORING PROGRAM 35,000
    Total .................................bullet 3a 1,315,115
    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          
    4 Dividends and interest from securities....     14 343,066  
    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 1,236,023  
    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)..   1,579,089  
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,579,089
    (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    OMB No. 1545-0047
    2011
    Name of organization
    DISCUREN CHARITABLE FOUNDATION
     
    Employer identification number

    20-2046554
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......................... Arrow Bullet   $    
    Caution. An Organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on Part I, line 2, of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Page 2
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Name of organization
    DISCUREN CHARITABLE FOUNDATION
          		Employer identification number

    20-2046554
    Part I
    Contributors (see Instructions). Use duplicate copies of Part I if additional space is needed.
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    BLUE HERON TRUST
    C/O PERKINS COIE

         
    1201 THIRD AVE SUITE 4800
       
    SEATTLE, WA   98101

    		$1,961,070




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    BLUE HERON TRUST
     

         
    1201 THIRD AVE SUITE 4800
       
    SEATTLE, WA   98101

    		$401,179




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

         
     
       

    		$  




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

         
     
       

    		$  




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

         
     
       

    		$  




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

         
     
       

    		$  




    (Complete Part II if there is a noncash contribution.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Page 3
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Name of organization
    DISCUREN CHARITABLE FOUNDATION
          		Employer identification number

    20-2046554
    Part II
    Noncash Property (see Instructions). Use duplicate copies of Part II if additional space is needed.
    		     
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
    1
    		 22,962 SHARES CEF ISHARES S&P MIDCAP 400   $1,961,070 2011-08-16
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
    2
    		 4,493 SHARES MONSANTO CO 5,100 SHARES PFIZER INC COM   $401,179 2012-09-20
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Page 4
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Name of organization
    DISCUREN CHARITABLE FOUNDATION
          		Employer identification number

    20-2046554
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet $  
    Use duplicate copies of Part III if additional space is needed
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2011 AccountingFeesSchedule
    Name:
    DISCUREN CHARITABLE FOUNDATION
    EIN: 20-2046554
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE & REVIEW 3,552 3,196   355

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    DISCUREN CHARITABLE FOUNDATION
    EIN: 20-2046554
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AIR PRODUCTS & CHEMICALS 60,828 75,223
    APACHE CORP 48,950 60,507
    BAKER HUGHES INC 52,974 48,154
    BANK OF NEW YORK 43,666 28,113
    CHEVRON CORPORATION 55,705 93,632
    CISCO SYSTEMS 45,486 56,265
    DANAHER 48,751 75,358
    EMC CORP 52,359 76,855
    EATON CORP 31,198 43,399
    GENERAL ELECTRIC CO 54,167 60,070
    INTEL CORP 55,932 68,021
    IBM 36,276 118,419
    MICROSOFT CORP 84,023 84,759
    NIKE INC 32,609 83,649
    ORACLE CORP 40,457 69,665
    PEPSICO INC 89,669 96,340
    PFIZER INC 29 38,021
    PROCTER & GAMBLE 72,503 82,720
    STRYKER CORP 43,362 44,689
    SYSCO CORP 67,989 74,293
    UNITED PARCEL CL B 42,120 51,599
    UNITED TECHNOLOGIES 57,341 76,379
    WALMART STORES 59,553 72,728
    WELLS FARGO & CO 39,794 41,257
    NOVARTIS AG ADR 96,916 101,877
    WALT DISNEY CO 76,037 92,213
    FRANKLIN RESOURCES 59,854 64,457
    QUALCOMM INC 69,887 91,130
    AT&T INC 79,954 99,974
    EXXON MOBIL CORP 39,453 50,008
    JP MORGAN CHASE 84,497 74,114
    SPDR S&P BIOTECH 45,335 54,382
    VF CORPORATION 22,685 56,511
    COMCAST CORP 43,622 57,070
    CHARLES SCHWAB CORP 23,215 18,669
    ACCENTURE PLC F 46,879 77,077
    ABBOTT LABS 64,479 68,544
    BLACKROCK INC 53,730 58,998
    CHUBB CORP 46,538 60,775
    SPDR GOLD TRUST 394,295 455,970
    ADTRAN INC 22,615 21,414
    ANALOGIC CORP 14,142 17,196
    ANGIODYNAMICS 19,262 20,142
    BIO RAD LABS INC 16,576 16,807
    HAEMONETICS CORP 17,666 18,366
    HAYNES INTL INC NEW 14,885 20,202
    LSB INDS INC 20,010 25,367
    MDU RESOURCES GRP 15,326 15,988
    NATIONAL PRESTO INDS 19,617 16,380
    NETGEAR INC 13,004 13,596
    OSI SYSTEMS INC 29,247 39,756
    OLD NATL BANCORP 20,873 24,115
    OPLINK COMMUNICATION 15,389 14,411
    PARAMETRIC TECH CORP 21,659 17,986
    PIPER JAFFRAY COS 19,282 20,200
    POLYCOM 23,767 21,516
    POWELL INDUSTRIES 16,657 15,327
    RAVEN INDS INC 11,756 17,332
    ROBBINS AND MYERS 21,439 34,470
    ROFIN-SINAR TECH 22,503 17,594
    ROLLINS INC 22,674 28,331
    SM ENERGY CO 15,422 22,661
    STERIS CORPORATION 21,695 18,787
    TRACTOR SUPPLY CO 22,505 37,530
    TRIMBLE NAVIGATION 33,825 39,928
    II-VI INC 25,498 24,419
    UMB FINANCIAL CORP 20,227 20,301
    VIEWPOINT FINANCIAL 22,093 27,256
    WABTEC CORPORATION 19,742 29,379
    WOODWARD INC 29,341 37,451
    ZOLL MEDICAL CORP 21,414 42,331
    SYKES ENTERPRISES 26,239 24,430
    ALLSCRIPTS HEALTH 11,245 11,080
    APPLE INC 35,828 50,625
    APTARGROUP INC 16,427 18,520
    AUTOMATIC DATA PROC 22,800 26,735
    AVON PRODUCTS INC 16,010 8,735
    BB&T CORPORATION 13,438 13,969
    CR BARD INC 10,999 11,543
    BAXTER INTL INC 11,006 11,380
    CARBO CERAMICS INC 13,749 16,033
    COSTCO WHOLESALE 8,406 10,832
    CREE RESEARCH INC 13,173 5,290
    DEERE & CO 24,677 26,299
    DENTSPLY INTL INC 9,790 10,672
    EAST WEST BANCORP 11,722 14,516
    GOOGLE INC 32,313 38,754
    GRAINGER W W INC 26,963 40,246
    HOME DEPOT INC 13,802 18,287
    JOHNSON CONTROLS 14,973 15,317
    KONINKLIJKE PHILIPS 11,970 7,961
    KRAFT FOODS INC 76,547 81,071
    MCCORMICK & CO 15,115 17,899
    PNC FINANCIAL SVCS 22,536 24,798
    PERRIGO CO 9,286 14,109
    SCHNITZER STEEL INDS 15,820 13,107
    TENARIS SA-ADR 9,537 8,551
    THERMO FISHER 12,315 11,467
    TIME WARNER INC NEW 11,052 12,649
    TIME WARNER CABLE 29,981 34,964
    VEOLIA ENVIRONMENT 16,095 6,740
    VESTAS WIND SYS ADR 9,163 2,816
    VISA INC 12,214 16,752
    ZIMMER HOLDINGS INC 15,846 16,293
    SUNCOR ENERGY INC 45,055 31,281
    UNITEDHEALTH GROUP 42,091 47,132
    COVIDIEN PLC 42,055 37,583
    WEST PHARMACEUTIALS 17,801 17,647
    BILL BARRETT CORP 25,297 20,442
    ENERSYS 10,800 12,985
    FIRSTMERIT CORP 24,505 21,182
    HILL-ROM HOLDINGS INC 22,129 25,267
    PVH CORP 15,315 16,565
    TEKELEC 24,991 29,784
    COOPER INDUSTRIES 21,058 18,953
    CHECK POINT SOFTWARE TECH 12,631 13,398
    ALTERA CORPORATION 8,917 9,275
    AON CORP 10,509 10,530
    DIGITAL REALTY TRUST 10,871 12,667
    GEN-PROBE INC 11,103 10,642
    GILEAD SCIENCES INC 11,203 11,870
    HOSPIRA INC 14,434 8,655
    ILLINOIS TOOL WORKS 11,099 10,977
    KLA-TENCOR CORP 10,895 13,993
    METLIFE INC 18,230 14,343
    NORDSTROM INC 10,788 11,433
    VALMONT INDS INC 16,569 15,888
    VODAFONE GROUP PLC ADR 21,833 22,704
    WATERS CORPORATION 10,997 11,108

    TY 2011 InvestmentsOtherSchedule2
    Name:
    DISCUREN CHARITABLE FOUNDATION
    EIN: 20-2046554
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    HARBOR INT'L FUND AT COST 2,811,418 2,649,829
    VANGUARD S/T INVESTMENT FUND AT COST 866,894 869,690
    VANGUARD INFL - ADM AT COST 242,281 271,957
    VANGUARD GNMA FD-ADM AT COST 992,855 1,031,336
    VANGUARD I-T INV GRD AT COST 1,098,918 1,119,422
    T ROWE PRICE SMALL CAP VALUE AT COST 153,182 150,391
    ING GLOBAL REAL ESTATE AT COST 515,344 524,698
    EATON VANCE TAX-MGD AT COST 609,480 548,497
    MATTHEWS ASIA DIVIDEND FUND AT COST 323,000 281,889
    OSTERWEIS FUND AT COST 404,000 382,009
    UTILITIES SELECT SECTOR AT COST 79,732 97,218
    YACKTMAN FUND AT COST 474,000 475,357
    BROWN CAPITAL MGMT AT COST 263,500 263,212
    FIRST EAGLE OVERSEAS CL 1 AT COST 309,000 278,423
    GREENHAVEN COMMODITY ETF AT COST 433,036 417,025

    TY 2011 LegalFeesSchedule
    Name:
    DISCUREN CHARITABLE FOUNDATION
    EIN: 20-2046554
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 39,348 3,935   35,414


    TY 2011 OtherDecreasesSchedule
    Name:
    DISCUREN CHARITABLE FOUNDATION
    EIN: 20-2046554
    Description Amount
    ACCRUED INCOME IN 2011 REC'D IN 2012 12,005
    NONCASH CONTRIBUTION - FMV > BOOK VALUE 1,112,517


    TY 2011 OtherExpensesSchedule
    Name:
    DISCUREN CHARITABLE FOUNDATION
    EIN: 20-2046554
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVT MGMT FEES 88,010 82,190   5,820
    PROGRAM MGMT FEES 2,899 0   2,899


    TY 2011 OtherIncreasesSchedule
    Name:
    DISCUREN CHARITABLE FOUNDATION
    EIN: 20-2046554
    Description Amount
    ACCRUED INCOME IN 2010 REC'D IN 2011 15,487
    MISCELLANEOUS ADJUSTMENTS/ROUNDING 34
    LOSS ON 2011 SALES SETTLED IN 2012 15,506


    TY 2011 TaxesSchedule
    Name:
    DISCUREN CHARITABLE FOUNDATION
    EIN: 20-2046554
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 13,037 13,037   0
    FEDERAL TAX DUE 2010 990-PF 103,583 0   0
    FEDERAL ESTIMATE 2011 990-PF 3,000 0   0