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
2012
Open to Public Inspection
For calendar year 2012, or tax year beginning 01-01-2012 , and ending 12-31-2012
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 4900   Room/suite
City or town, state, and ZIP code
SEATTLE, WA981013099
A Employer identification number

20-2046554
B Telephone number (see instructions)

(206) 359-8574
C bullet
G Check all that apply:

D 1. bullet
2. bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$15,520,160J 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 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      
4 Dividends and interest from securities...... 348,911 348,823  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 564,546
b Gross sales price for all assets on line 6a 4,234,489
7 Capital gain net income (from Part IV, line 2)... 564,546
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........ 913,457 913,369  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 105,771 10,577   95,194
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 32,018 3,202 0 28,816
b Accounting fees (attach schedule)....... Click to see attachment 2,970 2,673 0 297
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions) Click to see attachment 46,098 11,098   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 98,652 86,002   12,650
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 285,509 113,552 0 136,957
25 Contributions, gifts, grants paid........ 1,224,818 1,224,818
26 Total expenses and disbursements. Add lines 24 and 25 1,510,327 113,552 0 1,361,775
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -596,870
b Net investment income (if negative, enter -0-) 799,817
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2012)
Form 990-PF (2012)
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............... 32,741 28,664 28,664
2 Savings and temporary cash investments.......... 870,654 600,508 600,508
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)........ 4,165,441 Click to see attachment3,001,658 3,818,134
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 9,576,640 Click to see attachment10,385,125 11,072,854
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) 14,645,476 14,015,955 15,520,160
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......... 14,645,476 14,015,955
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).................... 14,645,476 14,015,955
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 14,645,476 14,015,955
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 14,645,476
2 Enter amount from Part I, line 27a..................... 2 -596,870
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 12,005
4 Add lines 1, 2, and 3.......................... 4 14,060,611
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 44,656
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 14,015,955
Form 990-PF (2012)
Form 990-PF (2012)
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 125. ANALOGIC CORPORATION   2010-11-22 2012-01-19
b 585. ALLSCRIPTS HEALTHCARE SOLUTI ONS COM   2010-11-04 2012-01-26
c 330. AVON PRODUCTS, INC   2010-09-30 2012-01-26
d 170. AVON PRODUCTS, INC   2010-10-04 2012-01-26
e 135. CR BARD INC.   2010-09-30 2012-01-26
230. BAXTER INTL INC COM   2010-09-30 2012-01-26
35. GRAINGER W W INC   2010-12-10 2012-01-26
80. INTERNATIONAL BUSINESS MACH   2010-10-26 2012-01-26
5. INTERNATIONAL BUSINESS MACH   2010-10-04 2012-01-26
60. KLA-TENCOR CORP COM   2011-08-04 2012-01-26
35. KONINKLIJKE PHILIPS ELECTRS NV NY REG SH NEW   2010-10-05 2012-01-26
345. KONINKLIJKE PHILIPS ELECTRS NV NY REG SH NEW   2010-10-26 2012-01-26
145. PERRIGO CO.   2010-09-30 2012-01-26
2725. TEKELEC   2011-06-29 2012-02-08
2131.018 OSTERWEIS FUND   2011-08-29 2012-02-14
12773.723 OSTERWEIS FUND   2011-01-06 2012-02-14
125. JOHNSON CTLS INC COM   2010-09-29 2012-03-09
89. VF CORPORATION   2008-11-07 2012-03-15
197. SPDR S&P BIOTECH ETF   2010-01-21 2012-03-23
125. BB&T CORPORATION   2010-09-29 2012-04-02
190. DIGITAL REALTY TRUST INC   2011-08-04 2012-04-02
225. AON PLC   2011-08-04 2012-04-02
4361.674 T ROWE PRICE SMALL CAP VALUE FUND   2008-09-24 2012-04-05
670. ZOLL MEDICAL CORP   2010-11-22 2012-04-18
250. OSI SYSTEMS INC   2010-11-22 2012-04-27
308.878 EATON VANCE TAX-MANAGED EMERGING MARKETS FD   2010-10-14 2012-05-01
967.175 EATON VANCE TAX-MANAGED EMERGING MARKETS FD   2011-01-06 2012-05-01
2686.818 HARBOR INTERNATIONAL FUND   2010-12-29 2012-05-01
16263.941 VANGUARD S/T INVEST GRADE ADMIRAL CLASS   2011-09-28 2012-05-01
549. AT&T INC   2010-01-21 2012-05-08
299. ABBOTT LABS COM   2010-10-08 2012-05-08
159. AIR PRODUCTS & CHEMICALS INC   2010-01-21 2012-05-08
166. BAKER HUGHES INC COM   2011-07-21 2012-05-08
36. BLACKROCK, INC.   2010-06-18 2012-05-08
168. CHEVRON CORPORATION   2010-01-21 2012-05-08
259. CHUBB CORP   2010-06-18 2012-05-08
581. CISCO SYSTEMS INC   2011-10-17 2012-05-08
195. COMCAST CORP NEW CL A   2010-01-21 2012-05-08
660. COMCAST CORP NEW CL A   2011-10-17 2012-05-08
444. DANAHER CORP DEL COM   2010-01-21 2012-05-08
567. WALT DISNEY CO   2010-01-21 2012-05-08
720. EMC CORP   2005-11-02 2012-05-08
190. EATON CORPORATION   2010-01-21 2012-05-08
154. EXXON MOBIL CORP   2010-01-21 2012-05-08
100. FRANKLIN RESOURCES INC   2008-07-10 2012-05-08
616. GENERAL ELECTRIC CO COM   2010-01-21 2012-05-08
651. INTEL CORP COM   2010-01-21 2012-05-08
65. INTERNATIONAL BUSINESS MACH   1966-03-18 2012-05-08
109. JPMORGAN CHASE & CO   2011-04-14 2012-05-08
281. KRAFT FOODS INC   2011-12-08 2012-05-08
324. MICROSOFT CORP   2005-11-02 2012-05-08
248. NIKE INC CLASS B   2008-07-10 2012-05-08
462. NOVARTIS A G SPONSORED ADR   2010-01-21 2012-05-08
303. ORACLE CORP COM   2007-06-19 2012-05-08
106. ORACLE CORP COM   2008-04-02 2012-05-08
110. PEPSICO INC   2010-01-21 2012-05-08
14. PROCTER & GAMBLE CO COM   2010-01-21 2012-05-08
152. PROCTER & GAMBLE CO COM   2011-12-08 2012-05-08
111. QUALCOMM INC COM   2007-06-19 2012-05-08
130. QUALCOMM INC COM   2008-07-10 2012-05-08
66. QUALCOMM INC COM   2010-01-21 2012-05-08
137. SPDR S&P BIOTECH ETF   2010-01-21 2012-05-08
240. UTILITIES SELECT SECTOR SPDR FUND   2011-10-17 2012-05-08
444. UTILITIES SELECT SECTOR SPDR FUND   2012-03-23 2012-05-08
49. STRYKER CORP   2010-01-21 2012-05-08
201. SYSCO CORP COM   2010-01-21 2012-05-08
143. UNITED PARCEL SERVICE INC CL B   2010-01-21 2012-05-08
200. UNITED TECHNOLOGIES CORP COM   2008-07-10 2012-05-08
181. UNITEDHEALTH GROUP INC   2011-08-25 2012-05-08
168. WAL-MART STORES INC   2010-01-21 2012-05-08
309. WELLS FARGO & CO   2010-06-18 2012-05-08
531. ACCENTURE PLC F   2009-06-26 2012-05-08
72. COVIDIEN PLC   2011-08-25 2012-05-08
175. ABBOTT LABS COM   2010-10-08 2012-05-10
118. DANAHER CORP DEL COM   2010-01-21 2012-05-10
77. DANAHER CORP DEL COM   2005-11-02 2012-05-10
175. WALT DISNEY CO   2010-01-21 2012-05-11
49. WAL-MART STORES INC   2010-01-21 2012-05-11
320. WAL-MART STORES INC   2007-06-19 2012-05-11
680. WAL-MART STORES INC   2005-11-02 2012-05-11
175. TRACTOR SUPPLY CO   2010-11-22 2012-05-16
393. JPMORGAN CHASE & CO   2010-01-21 2012-05-18
340. JPMORGAN CHASE & CO   2008-07-10 2012-05-18
322. JPMORGAN CHASE & CO   2011-04-14 2012-05-18
211. JPMORGAN CHASE & CO   2011-12-30 2012-05-18
165. JPMORGAN CHASE & CO   2009-01-20 2012-05-18
140. SCHNITZER STEEL INDUSTIRES, INC - CL A   2010-10-26 2012-05-30
170. SCHNITZER STEEL INDUSTIRES, INC - CL A   2010-10-14 2012-05-30
60. VALMONT INDS INC   2011-03-28 2012-05-30
40. VALMONT INDS INC   2011-05-20 2012-05-30
65. COOPER INDUSTRIES PLC   2011-03-28 2012-05-30
120. COOPER INDUSTRIES PLC   2011-03-09 2012-05-30
90. COOPER INDUSTRIES PLC   2011-05-20 2012-05-30
75. COOPER INDUSTRIES PLC   2011-09-19 2012-05-30
143. CHUBB CORP   2010-06-18 2012-07-19
26. FRANKLIN RESOURCES INC   2008-07-10 2012-07-19
73. FRANKLIN RESOURCES INC   2006-07-17 2012-07-19
175. UNITED TECHNOLOGIES CORP COM   2008-07-10 2012-07-19
138. UNITED TECHNOLOGIES CORP COM   2005-11-02 2012-07-19
155. INTERNATIONAL BUSINESS MACH   2010-10-04 2012-07-20
100. PNC FINANCIAL SERVICES GROUP   2010-10-26 2012-07-20
45. PNC FINANCIAL SERVICES GROUP   2011-08-04 2012-07-20
234. UTILITIES SELECT SECTOR SPDR FUND   2011-10-17 2012-07-20
195. SYSCO CORP COM   2010-09-29 2012-07-20
314. UMB FINANCIAL CORPORATION   2010-11-22 2012-07-24
180. GEN-PROBE INC   2011-09-19 2012-08-01
97. TRACTOR SUPPLY CO   2010-11-22 2012-08-07
7002. GREENHAVEN CONTINUOUS COMMODITY INDEX FUND   2011-11-30 2012-08-09
1604. GREENHAVEN CONTINUOUS COMMODITY INDEX FUND   2012-02-14 2012-08-09
6936. GREENHAVEN CONTINUOUS COMMODITY INDEX FUND   2011-11-29 2012-08-09
1. GREENHAVEN CONTINUOUS COMMODITY INDEX FUND   2012-01-01 2012-08-09
1. GREENHAVEN CONTINUOUS COMMODITY INDEX FUND   2011-01-01 2012-08-09
210. AT&T INC   2010-10-04 2012-08-15
735. AT&T INC   2010-09-29 2012-08-15
160. ALTERA CORPORATION   2012-05-30 2012-08-15
250. ALTERA CORPORATION   2011-12-21 2012-08-15
125. ALTERA CORPORATION   2012-01-26 2012-08-15
5. APPLE, INC.   2010-10-26 2012-08-15
120. APPLE, INC.   2010-09-30 2012-08-15
180. APTARGROUP INC   2010-10-13 2012-08-15
175. APTARGROUP INC   2010-10-26 2012-08-15
240. AUTOMATIC DATA PROCESSING IN COM   2010-12-10 2012-08-15
255. AUTOMATIC DATA PROCESSING IN COM   2010-11-04 2012-08-15
430. BB&T CORPORATION   2010-09-29 2012-08-15
70. BLACKROCK, INC.   2011-12-21 2012-08-15
125. C.H. ROBINSON WORLDWIDE INC   2012-07-20 2012-08-15
15. CARBO CERAMICS INC   2011-10-07 2012-08-15
95. CARBO CERAMICS INC   2010-12-28 2012-08-15
20. CARBO CERAMICS INC   2011-02-24 2012-08-15
35. COGNIZANT TECHNOLOGY SOLUTIO NS   2012-07-20 2012-08-15
130. COGNIZANT TECHNOLOGY SOLUTIO NS   2012-05-30 2012-08-15
30. COSTCO WHSL CORP NEW COM   2012-01-26 2012-08-15
130. COSTCO WHSL CORP NEW COM   2010-09-29 2012-08-15
95. CREE RESEARCH INC   2012-05-30 2012-08-15
240. CREE RESEARCH INC   2010-09-29 2012-08-15
265. DEERE & CO.   2010-09-29 2012-08-15
75. DEERE & CO.   2011-09-19 2012-08-15
305. DENTSPLY INTERNATIONAL INC   2010-09-30 2012-08-15
125. WALT DISNEY CO   2012-01-26 2012-08-15
475. WALT DISNEY CO   2010-09-29 2012-08-15
200. EMC CORP   2011-11-11 2012-08-15
145. EMC CORP   2012-01-26 2012-08-15
490. EMC CORP   2011-09-19 2012-08-15
630. EAST WEST BANCORP INC   2010-09-29 2012-08-15
105. EAST WEST BANCORP INC   2011-10-07 2012-08-15
265. EXPRESS SCRIPTS HOLDING CO   2012-07-20 2012-08-15
375. FIRST REPUBLIC BANK   2012-04-02 2012-08-15
50. FIRST REPUBLIC BANK   2012-05-30 2012-08-15
60. FRANKLIN RESOURCES INC   2011-12-21 2012-08-15
15. FRANKLIN RESOURCES INC   2010-10-26 2012-08-15
100. FRANKLIN RESOURCES INC   2010-09-29 2012-08-15
290. GILEAD SCIENCES INC   2011-08-04 2012-08-15
205. GILEAD SCIENCES INC   2012-01-26 2012-08-15
40. GOOGLE INC.   2010-09-29 2012-08-15
10. GOOGLE INC.   2010-10-05 2012-08-15
10. GOOGLE INC.   2011-08-04 2012-08-15
85. GRAINGER W W INC   2010-10-04 2012-08-15
60. GRAINGER W W INC   2010-11-22 2012-08-15
35. GRAINGER W W INC   2010-12-10 2012-08-15
100. HOME DEPOT INC COM   2010-10-04 2012-08-15
335. HOME DEPOT INC COM   2010-09-29 2012-08-15
225. HOSPIRA INC   2011-03-28 2012-08-15
60. HOSPIRA INC   2011-10-07 2012-08-15
55. HOSPIRA INC   2012-01-26 2012-08-15
100. ILLINOIS TOOL WKS INC   2012-01-26 2012-08-15
235. ILLINOIS TOOL WKS INC   2011-12-23 2012-08-15
90. ILLINOIS TOOL WKS INC   2012-05-30 2012-08-15
70. JPMORGAN CHASE & CO   2011-09-19 2012-08-15
150. JPMORGAN CHASE & CO   2010-10-26 2012-08-15
680. JPMORGAN CHASE & CO   2010-09-29 2012-08-15
365. JOHNSON CTLS INC COM   2010-09-29 2012-08-15
230. KLA-TENCOR CORP COM   2011-08-04 2012-08-15
85. KRAFT FOODS INC   2011-12-21 2012-08-15
340. KRAFT FOODS INC   2010-10-04 2012-08-15
175. KRAFT FOODS INC   2010-10-26 2012-08-15
255. MCCORMICK & CO INC COM NON V TG   2010-09-29 2012-08-15
100. MCCORMICK & CO INC COM NON V TG   2011-09-19 2012-08-15
415. MERCK & CO INC NEW   2012-07-20 2012-08-15
40. METLIFE INC   2011-09-22 2012-08-15
260. METLIFE INC   2011-03-28 2012-08-15
60. METLIFE INC   2011-08-04 2012-08-15
100. METLIFE INC   2011-09-19 2012-08-15
145. MICROSOFT CORP   2012-01-26 2012-08-15
575. MICROSOFT CORP   2010-09-29 2012-08-15
305. MICROSOFT CORP   2010-10-05 2012-08-15
185. MICROSOFT CORP   2010-12-10 2012-08-15
390. MORGAN STANLEY COM NEW   2012-05-30 2012-08-15
315. MORGAN STANLEY COM NEW   2012-04-02 2012-08-15
125. NIKE INC CLASS B   2010-09-29 2012-08-15
110. NORDSTROM INC   2011-10-07 2012-08-15
60. NORDSTROM INC   2012-01-26 2012-08-15
120. NORDSTROM INC   2011-09-22 2012-08-15
170. NOVARTIS A G SPONSORED ADR   2011-08-04 2012-08-15
219. NOVARTIS A G SPONSORED ADR   2011-04-12 2012-08-15
85. NOVARTIS A G SPONSORED ADR   2011-09-19 2012-08-15
50. NOVO-NORDISK A S ADR   2012-01-26 2012-08-15
5. PNC FINANCIAL SERVICES GROUP   2011-08-04 2012-08-15
280. PNC FINANCIAL SERVICES GROUP   2010-09-29 2012-08-15
55. PEPSICO INC   2011-12-21 2012-08-15
160. PEPSICO INC   2010-10-04 2012-08-15
160. PEPSICO INC   2010-09-29 2012-08-15
60. PEPSICO INC   2012-01-26 2012-08-15
255. QUALCOMM INC COM   2010-10-21 2012-08-15
60. QUALCOMM INC COM   2010-12-10 2012-08-15
75. QUALCOMM INC COM   2011-08-04 2012-08-15
40. QUALCOMM INC COM   2011-03-28 2012-08-15
205. ROCHE HOLDINGS LTD   2012-05-30 2012-08-15
415. ROCHE HOLDINGS LTD   2012-01-26 2012-08-15
180. SYSCO CORP COM   2010-09-29 2012-08-15
195. SYSCO CORP COM   2010-10-04 2012-08-15
55. SYSCO CORP COM   2011-10-07 2012-08-15
130. TENARIS S.A. - ADR   2010-10-26 2012-08-15
100. TENARIS S.A. - ADR   2010-10-15 2012-08-15
65. TENARIS S.A. - ADR   2012-01-26 2012-08-15
210. THERMO FISHER SCIENTIFIC INC   2010-09-30 2012-08-15
45. THERMO FISHER SCIENTIFIC INC   2011-11-11 2012-08-15
350. TIME WARNER INC NEW   2010-10-26 2012-08-15
435. TIME WARNER CABLE INC.   2010-09-29 2012-08-15
115. TIME WARNER CABLE INC.   2010-10-04 2012-08-15
70. VF CORPORATION   2012-03-09 2012-08-15
75. VALMONT INDS INC   2011-09-19 2012-08-15
610. VEOLIA ENVIRONNEMENT - ADR   2010-09-30 2012-08-15
375. VESTAS WIND SYSTEMS-UNSP ADR   2010-09-29 2012-08-15
405. VESTAS WIND SYSTEMS-UNSP ADR   2010-10-26 2012-08-15
25. VISA INC   2012-01-26 2012-08-15
165. VISA INC   2010-09-29 2012-08-15
410. VODAFONE GROUP PLC-SP ADR   2011-08-04 2012-08-15
230. VODAFONE GROUP PLC-SP ADR   2011-09-19 2012-08-15
60. VODAFONE GROUP PLC-SP ADR   2011-10-07 2012-08-15
110. VODAFONE GROUP PLC-SP ADR   2011-12-21 2012-08-15
285. VODAFONE GROUP PLC-SP ADR   2012-01-26 2012-08-15
150. WATERS CORPORATION   2011-12-21 2012-08-15
190. ZIMMER HOLDINGS INC   2010-09-30 2012-08-15
115. ZIMMER HOLDINGS INC   2010-10-04 2012-08-15
225. AON PLC   2011-08-04 2012-08-15
150. CHECK POINT SOFTWARE TECH   2011-02-24 2012-08-15
105. CHECK POINT SOFTWARE TECH   2011-03-28 2012-08-15
500. ENERSYS   2011-08-25 2012-09-12
.667 KRAFT FOODS GROUP   2011-12-08 2012-10-17
249. COMCAST CORP NEW CL A   2010-01-21 2012-11-27
450. NIKE INC CLASS B   2000-02-18 2012-11-27
45. NIKE INC CLASS B   2008-07-10 2012-11-27
807. EATON CORPORATION   2010-01-21 2012-11-30
150. INTEL CORP COM   2008-07-10 2012-12-03
1014. INTEL CORP COM   2010-01-21 2012-12-03
235. PVH CORP   2010-11-22 2012-12-04
300. TRIMBLE NAVIGATION   2010-11-22 2012-12-04
4047.927 HARBOR INTERNATIONAL FUND   2010-12-29 2012-12-07
1. GREENHAVEN CONTINUOUS COMMODITY INDEX FUND   2010-01-01 2012-12-31
1. GREENHAVEN CONTINUOUS COMMODITY INDEX FUND   2012-01-01 2012-12-31
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 7,415   5,893 1,522
b 10,816   11,245 -429
c 6,085   10,655 -4,570
d 3,135   5,355 -2,220
e 12,547   10,999 1,548
12,750   11,006 1,744
6,755   4,676 2,079
15,291   11,265 4,026
956   676 280
3,056   2,254 802
712   1,115 -403
7,014   10,855 -3,841
13,927   9,286 4,641
29,975   24,991 4,984
58,475   54,000 4,475
350,511   350,000 511
4,052   3,820 232
13,088   4,537 8,551
15,387   10,905 4,482
3,918   3,027 891
14,110   10,850 3,260
11,036   10,510 526
164,828   153,182 11,646
62,215   21,414 40,801
16,869   8,972 7,897
14,523   15,629 -1,106
45,477   49,819 -4,342
160,000   162,767 -2,767
175,000   173,536 1,464
18,089   14,148 3,941
18,622   15,816 2,806
13,447   12,844 603
6,736   13,192 -6,456
6,522   5,735 787
17,110   12,897 4,213
19,039   13,728 5,311
10,819   9,976 843
5,692   3,138 2,554
19,265   15,513 3,752
23,755   16,680 7,075
24,692   17,480 7,212
19,569   9,878 9,691
8,561   6,359 2,202
12,802   10,298 2,504
11,438   8,838 2,600
11,735   9,948 1,787
17,701   13,573 4,128
13,048   559 12,489
4,477   4,926 -449
10,990   10,229 761
9,849   8,580 1,269
26,950   13,873 13,077
24,841   24,798 43
8,390   6,054 2,336
2,935   2,185 750
7,297   6,744 553
899   839 60
9,760   9,831 -71
6,864   4,754 2,110
8,038   6,252 1,786
4,081   3,206 875
10,902   7,584 3,318
8,491   8,150 341
15,708   15,392 316
2,627   2,687 -60
5,602   5,654 -52
11,098   8,583 2,515
15,660   12,390 3,270
10,038   8,192 1,846
9,888   8,931 957
10,161   8,657 1,504
31,393   17,597 13,796
3,920   3,626 294
10,898   9,257 1,641
6,343   4,433 1,910
4,139   2,046 2,093
7,960   5,395 2,565
2,916   2,605 311
19,041   15,622 3,419
40,462   32,395 8,067
17,176   7,361 9,815
13,127   16,097 -2,970
11,357   11,767 -410
10,756   14,552 -3,796
7,048   7,035 13
5,512   3,165 2,347
3,814   7,329 -3,515
4,632   8,491 -3,859
6,883   5,961 922
4,589   3,853 736
4,615   4,241 374
8,521   7,678 843
6,390   5,602 788
5,325   3,537 1,788
10,198   7,580 2,618
2,925   2,298 627
8,211   6,047 2,164
13,246   10,841 2,405
10,445   7,026 3,419
29,887   20,942 8,945
5,964   5,411 553
2,684   2,359 325
8,812   7,946 866
5,616   5,665 -49
15,976   11,654 4,322
14,895   11,103 3,792
8,957   4,080 4,877
208,460   199,996 8,464
47,753   46,136 1,617
206,495   195,747 10,748
    5,322 -5,322
    7,983 -7,983
7,780   6,048 1,732
27,231   21,082 6,149
5,776   5,424 352
9,024   8,917 107
4,512   5,087 -575
3,155   1,541 1,614
75,712   34,287 41,425
9,026   8,490 536
8,776   7,937 839
13,874   11,163 2,711
14,742   11,637 3,105
13,699   10,411 3,288
12,327   12,150 177
6,981   7,190 -209
1,034   1,685 -651
6,551   9,744 -3,193
1,379   2,319 -940
2,228   2,017 211
8,274   7,648 626
2,892   2,465 427
12,530   8,406 4,124
2,627   2,435 192
6,637   13,173 -6,536
19,893   18,950 943
5,630   5,728 -98
11,895   9,790 2,105
6,230   4,925 1,305
23,673   15,669 8,004
5,114   4,965 149
3,708   3,700 8
12,529   10,924 1,605
13,767   10,090 3,677
2,295   1,633 662
16,135   15,216 919
12,064   12,404 -340
1,609   1,602 7
7,080   5,659 1,421
1,770   1,742 28
11,800   10,666 1,134
16,804   11,203 5,601
11,879   10,002 1,877
26,704   21,037 5,667
6,676   5,385 1,291
6,676   5,892 784
17,216   10,051 7,165
12,152   7,559 4,593
7,089   4,676 2,413
5,496   3,167 2,329
18,410   10,635 7,775
7,630   12,179 -4,549
2,035   2,256 -221
1,865   1,947 -82
5,757   5,301 456
13,528   11,099 2,429
5,181   5,037 144
2,595   2,267 328
5,561   5,589 -28
25,210   26,134 -924
9,595   11,153 -1,558
12,072   8,641 3,431
3,454   3,173 281
13,815   10,560 3,255
7,110   5,661 1,449
15,228   10,472 4,756
5,972   4,642 1,330
18,278   18,022 256
1,393   1,102 291
9,054   11,720 -2,666
2,089   2,300 -211
3,482   3,108 374
4,367   4,294 73
17,318   14,092 3,226
9,186   7,454 1,732
5,572   5,069 503
5,674   5,137 537
4,583   6,253 -1,670
11,827   9,982 1,845
6,207   5,395 812
3,386   2,909 477
6,771   5,394 1,377
10,184   9,870 314
13,119   12,154 965
5,092   4,686 406
7,962   5,985 1,977
305   262 43
17,075   14,503 2,572
3,993   3,639 354
11,615   10,684 931
11,615   10,655 960
4,356   3,994 362
15,935   11,202 4,733
3,749   2,967 782
4,687   3,941 746
2,500   2,101 399
9,220   8,050 1,170
18,665   18,039 626
5,508   5,229 279
5,967   5,525 442
1,683   1,427 256
5,283   5,336 -53
4,064   4,201 -137
2,641   2,593 48
12,110   10,116 1,994
2,595   2,199 396
14,878   11,052 3,826
39,038   23,664 15,374
10,320   6,318 4,002
10,463   10,285 178
9,536   6,755 2,781
6,234   16,095 -9,861
562   4,612 -4,050
607   4,551 -3,944
3,229   2,525 704
21,309   12,214 9,095
12,139   11,357 782
6,810   5,892 918
1,776   1,584 192
3,257   3,000 257
8,438   7,823 615
11,758   10,997 761
11,737   9,953 1,784
7,104   5,894 1,210
11,793   11,036 757
7,292   7,425 -133
5,105   5,206 -101
19,238   10,801 8,437
31   26 5
9,076   4,006 5,070
43,875   6,236 37,639
4,388   2,517 1,871
41,686   24,839 16,847
2,925   3,033 -108
19,774   21,142 -1,368
26,595   15,315 11,280
16,366   11,030 5,336
250,000   245,223 4,777
    15,120 -15,120
    10,080 -10,080
      1
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       1,522
b       -429
c       -4,570
d       -2,220
e       1,548
      1,744
      2,079
      4,026
      280
      802
      -403
      -3,841
      4,641
      4,984
      4,475
      511
      232
      8,551
      4,482
      891
      3,260
      526
      11,646
      40,801
      7,897
      -1,106
      -4,342
      -2,767
      1,464
      3,941
      2,806
      603
      -6,456
      787
      4,213
      5,311
      843
      2,554
      3,752
      7,075
      7,212
      9,691
      2,202
      2,504
      2,600
      1,787
      4,128
      12,489
      -449
      761
      1,269
      13,077
      43
      2,336
      750
      553
      60
      -71
      2,110
      1,786
      875
      3,318
      341
      316
      -60
      -52
      2,515
      3,270
      1,846
      957
      1,504
      13,796
      294
      1,641
      1,910
      2,093
      2,565
      311
      3,419
      8,067
      9,815
      -2,970
      -410
      -3,796
      13
      2,347
      -3,515
      -3,859
      922
      736
      374
      843
      788
      1,788
      2,618
      627
      2,164
      2,405
      3,419
      8,945
      553
      325
      866
      -49
      4,322
      3,792
      4,877
      8,464
      1,617
      10,748
      -5,322
      -7,983
      1,732
      6,149
      352
      107
      -575
      1,614
      41,425
      536
      839
      2,711
      3,105
      3,288
      177
      -209
      -651
      -3,193
      -940
      211
      626
      427
      4,124
      192
      -6,536
      943
      -98
      2,105
      1,305
      8,004
      149
      8
      1,605
      3,677
      662
      919
      -340
      7
      1,421
      28
      1,134
      5,601
      1,877
      5,667
      1,291
      784
      7,165
      4,593
      2,413
      2,329
      7,775
      -4,549
      -221
      -82
      456
      2,429
      144
      328
      -28
      -924
      -1,558
      3,431
      281
      3,255
      1,449
      4,756
      1,330
      256
      291
      -2,666
      -211
      374
      73
      3,226
      1,732
      503
      537
      -1,670
      1,845
      812
      477
      1,377
      314
      965
      406
      1,977
      43
      2,572
      354
      931
      960
      362
      4,733
      782
      746
      399
      1,170
      626
      279
      442
      256
      -53
      -137
      48
      1,994
      396
      3,826
      15,374
      4,002
      178
      2,781
      -9,861
      -4,050
      -3,944
      704
      9,095
      782
      918
      192
      257
      615
      761
      1,784
      1,210
      757
      -133
      -101
      8,437
      5
      5,070
      37,639
      1,871
      16,847
      -108
      -1,368
      11,280
      5,336
      4,777
      -15,120
      -10,080
       
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 2 564,546
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 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))
2011 1,452,868 15,050,693 0.096532
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
2 Total of line 1, column (d) ...................... 2 0.675773
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 0.135155
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 15,462,248
5 Multiply line 4 by line 3....................... 5 2,089,800
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 7,998
7 Add lines 5 and 6......................... 7 2,097,798
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,361,775
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.
Form 990-PF (2012)
Form 990-PF (2012)
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 15,996
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 15,996
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 15,996
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 8,406
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 15,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 23,406
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 120
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 7,290
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet7,290 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 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 2012 or the taxable year beginning in 2012 (see instructions for Part XIV)?
    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 instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    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 4900SEATTLEWA 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 2012, 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 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 (2012)
    Form 990-PF (2012)
    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 2012?.............
    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 2012, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2012?...............
    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 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 2012 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 2012.)....................
    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 2012?
    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 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 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 (2012)
    Form 990-PF (2012)
    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 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     		89,763    
    1201 THIRD AVE SUITE 4900
    SEATTLE,WA981013099
    POLLY M OLSEN DIRECTOR
    2     		8,004    
    1201 THIRD AVE SUITE 4900
    SEATTLE,WA981013099
    MARTHA ASHENFELTER DIRECTOR
    2     		8,004    
    1201 THIRD AVE SUITE 4900
    SEATTLE,WA981013099
    COLONEL F BETZ PRESIDENT
    0     		0    
    1201 THIRD AVE SUITE 4900
    SEATTLE,WA981013099
    ROBERT S MUCKLESTONE VICE PRES.
    0     		0    
    1201 THIRD AVE SUITE 4900
    SEATTLE,WA981013099
    F JEAN WATSON SEC/TREAS.
    1     		0    
    1201 THIRD AVE SUITE 4900
    SEATTLE,WA981013099
    2 Compensation of five highest-paid employees (other than those included on line 1—see 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 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 (2012)
    Form 990-PF (2012)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see 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 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
    15,697,714
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    15,697,714
    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
    15,697,714
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) .............................
    4
    235,466
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    15,462,248
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    773,112
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    773,112
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    15,996
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    15,996
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    757,116
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    757,116
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    757,116
    Part XII
    Qualifying Distributions (see 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
    1,361,775
    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
    1,361,775
    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 instructions).................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,361,775
    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 (2012)
    Form 990-PF (2012)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2011     		(c)
    2011     		(d)
    2012
    1 Distributable amount for 2012 from Part XI, line 7 757,116
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2012:
    a From 2007....... 612,613
    b From 2008....... 693,744
    c From 2009....... 637,098
    d From 2010....... 717,622
    e From 2011....... 729,546
    fTotal of lines 3a through e......... 3,390,623
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 1,361,775
    a Applied to 2011, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2012 distributable amount..... 757,116
    e Remaining amount distributed out of corpus 604,659
    5 Excess distributions carryover applied to 2012. 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 3,995,282
    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 instructions ...........     		0
    e Undistributed income for 2011. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2012. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2013 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		0
    8Excess distributions carryover from 2007 not
    applied on line 5 or line 7 (see instructions) ...     		612,613
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		3,382,669
    10 Analysis of line 9:
    a Excess from 2008.... 693,744
    b Excess from 2009.... 637,098
    c Excess from 2010.... 717,622
    d Excess from 2011.... 729,546
    e Excess from 2012.... 604,659
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 9
    Part XIV
    Private Operating Foundations (see 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 2012, 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) 2012 (b) 2011 (c) 2010 (d) 2009
             
    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 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 or e-mail of the person to whom applications should be addressed:
    F JEAN WATSON
    1201 THIRD AVE SUITE 4900
    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 (2012)
    Form 990-PF (2012)
    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
    Community Schools
    Collaboration
    137 SW 154TH STREET
    Burien,WA98166     		NONE 501(C)(3) CSC COLLEGE READINESS 30,000
    Children of the Valley
    1318 SOUTH 18TH STREET
    Mount Vernon,WA98274     		NONE 501(C)(3) VOLUNTEER CAPACITY BUILDING 24,607
    Montesano Community
    Outreach
    125 SOUTH MAIN STREET
    Montesano,WA98563     		NONE 501(C)(3) AFTER SCHOOL PROGRAM 8,500
    South Whidbey Commons
    PO BOX 222
    Langley,WA98260     		NONE 501(C)(3) YOUTH PROGRAMS 40,000
    Community for Youth
    999 3RD AVENUE SUITE 1570
    Seattle,WA98104     		NONE 501(C)(3) SHAPING TOMORROW'S 30,000
    Lake Washington Schools
    Foundation
    PO BOX 83
    Redmond,WA98073     		NONE 501(C)(3) LOOKING INTO THE NEEDS OF 30,000
    The Fruit Valley
    Foundation
    PO BOX 72
    Vancouver,WA986660072     		NONE 501(C)(3) STUDENTS TRANSITIONING TO 15,000
    Communities in Schools of
    Whatcom County
    PO BOX 6071
    Bellingham,WA98227     		NONE 501(C)(3) MIDDLE SCHOOL RESOURCE 14,000
    Nature Vision Inc
    10400 192ND AVE NE
    Redmond,WA98053     		NONE 501(C)(3) NATURE DISCOVERIES OUTREACH 40,000
    Rochester Organization of Familes
    PO BOX 312
    Rochester,WA98579     		NONE 501(C)(3) KID'S PLACE AFTER SCHOOL & 33,000
    YWCA of Seattle King Co
    Snohomish
    801 23RD AVENUE SOUTH SUITE A
    Seattle,WA98144     		NONE 501(C)(3) FEED YOUR BRAIN & REFUGEE 80,000
    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 28,000
    Atlantic Street Center
    2103 S ATLANTIC STREET
    Seattle,WA98144     		NONE 501(C)(3) SUMMER ACADEMY PROGRAM 50,000
    Children's Home Society
    of Washington
    1612 PENNY LANE
    Walla Walla,WA993624474     		NONE 501(C)(3) ACADEMICS FUN CLUB/FARM 45,000
    North Kitsap School
    District/Suquamish Elem
    18950 PARK AVENUE NE
    Suquamish,WA98392     		NONE 501(C)(3) ROLLING READER PROGRAM 17,500
    Skagit Valley College
    Foundation
    2405 EAST COLLEGE WAY
    Mount Vernon,WA98273     		NONE 501(C)(3) SKAGIT/ISLANDS HEAD START 27,000
    Mary Walker School
    District
    PO BOX 159
    Springdale,WA99173     		NONE 501(C)(3) RURAL ALLIANCE FOR COLLEGE 50,000
    Port Gamble S'Klallam Fdn
    31912 LITTLE BOSTON ROAD NE
    Kingston,WA98346     		NONE 501(C)(3) WOLFLE SUMMER EXPERIENCE 15,000
    Port Townsend Marine
    Science Center
    532 BATTERY WAY
    Port Townsend,WA98368     		NONE 501(C)(3) WHALES OF TEH SALISH SEA 15,000
    Entiat School District
    2650 ENTIAT WAY
    Entiat,WA98822     		NONE 501(C)(3) READING LAB 27,225
    Child Care Action Council
    PO BOX 446
    Olympia,WA98507     		NONE 501(C)(3) RAISING A READER 29,000
    Garden-Raised Bounty
    2016 ELLIOTT AVE NW
    Olympia,WA98502     		NONE 501(C)(3) CULTIVATING YOUTH 30,000
    Communities in Schools of Lakewood
    6402 100TH STREET SW
    Lakewood,WA98499     		NONE 501(C)(3) S.K.I.L.L. AFTER SCHOOL 35,000
    Peace Community Center
    2106 S CUSHMAN AVENUE
    Tacoma,WA98405     		NONE 501(C)(3) MIDDLE SCHOOL PROGRAM 45,000
    Readiness to Learn
    Whidbey Foundation
    PO BOX 346
    Langley,WA98260     		NONE 501(C)(3) EDUCATIONAL SUPPORT FOR 40,000
    Communities in Schools of
    Seattle
    PO BOX 24872
    Seattle,WA98124     		NONE 501(C)(3) SITE COORDINATION 40,000
    Animals as Natural
    Therapy
    721 VANWYCK ROAD
    Bellinhgham,WA98226     		NONE 501(C)(3) LEARNING LIFE PROJECT 20,000
    Communities in Schools of
    Peninsula
    PO BOX 684
    Vaughn,WA98394     		NONE 501(C)(3) MENTORING OUR STUDENTS TO 34,500
    Friends of the Children of
    King County
    PO BOX 22801
    Seattle,WA98122     		NONE 501(C)(3) ENABLING VULNERABLE YOUTH 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 30,000
    Office of the Education
    Ombudsman
    155 NE 100TH ST SUITE 210
    Seattle,WA981258012     		NONE 501(C)(3) NO PARENT LEFT BEHIND 30,000
    Edmonds School District
    18638 - 44TH AVENUE WEST
    Lynnwood,WA98037     		NONE 501(C)(3) FAMILY ACADEMIC NIGHTS 86,286
    University of Washington
    Foundation
    1900 COMMERCE STREET
    Tacoma,WA984023100     		NONE 501(C)(3) MATH, SCIENCE & LEADERSHIP 25,200
    Communities in Schools of
    Federal Way
    PO BOX 3440
    Federal Way,WA98063     		NONE 501(C)(3) MENTORING PROGRAM 40,000
    Total .................................bullet 3a 1,224,818
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2012)
    Form 990-PF (2012)
    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 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....     14 348,911  
    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     18 564,546  
    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)..   913,457  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13913,457
    (See worksheet in line 13 instructions 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 foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2012)
    Form 990-PF (2012)
    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
    Sign Here
    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
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2012)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2012 AccountingFeesSchedule
    Name:
    DISCUREN CHARITABLE FOUNDATION
    EIN: 20-2046554
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE & REVIEW 2,970 2,673   297

    TY 2012 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 47,984 60,830
    APACHE CORP 48,949 52,438
    BAKER HUGHES INC 52,951 44,973
    CHEVRON CORPORATION 42,807 76,996
    CISCO SYSTEMS 35,510 49,733
    DANAHER CORP 25,592 53,832
    EMC CORP 26,591 54,597
    EATON CORP 41,686 43,723
    GENERAL ELECTRIC CO 44,218 57,471
    INTEL CORP 18,184 20,414
    IBM 2,834 64,935
    MICROSOFT CORP 48,830 50,107
    ORACLE CORP 32,218 76,869
    PEPSICO INC 57,947 66,172
    PFIZER INC 29 44,064
    PROCTER & GAMBLE 61,832 72,914
    STRYKER CORP 40,675 46,597
    SYSCO CORP 44,489 54,044
    UNITED PARCEL CL B 33,537 41,436
    UNITED TECHNOLOGIES 27,084 43,629
    WELLS FARGO & CO 38,184 49,288
    NOVARTIS AG ADR 45,409 53,552
    WALT DISNEY CO 37,492 61,839
    FRANKLIN RESOURCES 24,604 37,333
    QUALCOMM INC 35,465 57,468
    AT&T INC 38,677 61,083
    EXXON MOBIL CORP 29,155 37,736
    SPDR S&P BIOTECH 26,847 42,636
    VF CORPORATION 18,148 53,745
    COMCAST CORP 20,965 48,680
    SCHWAB CHARLES CORP 37,287 41,701
    ACCENTURE PLC F 29,283 60,980
    ABBOTT LABS 39,407 48,797
    BLACKROCK INC 35,845 46,510
    CHUBB CORP 25,230 35,852
    SPDR GOLD TRUST 493,779 582,787
    ADTRAN INC 22,615 13,873
    ANALOGIC CORP 20,863 26,376
    ANGIODYNAMICS 19,262 14,946
    BIO RAD LABS INC 16,576 18,384
    HAEMONETICS CORP 17,666 24,504
    HAYNES INTL INC NEW 14,885 19,192
    LSB INDS INC 20,010 32,055
    MDU RESOURCES GRP 15,326 15,824
    NATIONAL PRESTO INDS 19,617 12,093
    NETGEAR INC 17,005 20,898
    OSI SYSTEMS INC 20,276 36,183
    OLD NATL BANCORP 20,873 24,571
    OPLINK COMMUNICATIONS 15,389 13,632
    PARAMETRIC TECH CORP 21,659 22,172
    PIPER JAFFRAY COS 19,282 32,130
    POLYCOM 23,767 13,807
    POWELL INDUSTRIES 16,657 20,350
    RAVEN INDS INC 16,994 20,034
    ROBBINS AND MYERS 21,439 42,209
    ROFIN-SINAR TECH 27,483 21,030
    ROLLINS INC 22,674 28,101
    SM ENERGY CO 15,422 16,185
    STERIS CORPORATION 21,695 21,880
    TRACTOR SUPPLY CO 11,063 23,239
    TRIMBLE NAVIGATION 22,795 37,064
    II-VI INC 25,498 24,246
    UMB FINANCIAL CORP 23,495 25,459
    WABTEC CORPORATION 19,742 36,767
    WOODWARD INC 29,341 34,889
    SYKES ENTERPRISES 26,239 23,743
    APPLE INC 22,945 20,755
    KRAFT FOODS INC 34,482 37,786
    PNC FINANCIAL SVCS 47,957 45,423
    SUNCOR ENERGY INC 45,055 35,783
    UNITEDHEALTH GROUP 33,899 40,626
    COVIDIEN PLC 38,428 44,056
    WEST PHARMACEUTIALS 17,801 25,459
    BILL BARRETT CORP 45,173 24,461
    FIRSTMERIT CORP 24,506 19,866
    HILL-ROM HOLDINGS INC 22,129 21,375
    AMERICAN TOWER REIT INC 21,696 24,726
    CVS CAREMARK CORP 44,225 46,948
    CENTENE CORPORATION 12,131 18,450
    FARO TECHNOLOGIES INC 19,459 20,409
    FULTON FINANCIAL CORP 25,432 23,785
    HARMONIC INC 14,949 17,998
    INVESTORS BANCORP INC 18,910 19,558
    JOS A BANK CLOTHIERS 18,464 17,884
    MASIMO CORPORATION 24,883 23,636
    MONDELEZ INTERNATIONAL INC 30,458 32,809
    TJX COMPANIES INC 39,620 38,714
    TARGET CORP 35,401 37,573
    VIEWPOINT FINANCIAL GROUP 22,093 43,869
    WOLVERINE WORLD WIDE INC 26,230 24,588

    TY 2012 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 2,403,428 2,720,005
    VANGUARD S/T INVESTMENT FUND AT COST 693,358 709,082
    VANGUARD INFL - ADM AT COST 242,281 280,103
    VANGUARD GNMA FD-ADM AT COST 992,855 1,016,430
    VANGUARD I-T INV GRD AT COST 1,098,918 1,156,400
    ING GLOBAL REAL ESTATE AT COST 509,742 631,387
    EATON VANCE TAX-MGD AT COST 544,032 583,816
    MATTHEWS ASIA DIVIDEND FUND AT COST 323,000 329,322
    UTILITIES SELECT SECTOR AT COST 63,635 77,803
    YACKTMAN FUND AT COST 624,000 676,216
    BROWN CAPITAL MGMT AT COST 298,500 341,142
    FIRST EAGLE OVERSEAS CL 1 AT COST 309,000 301,479
    DOMINI SOCIAL EQUITY FUND AT COST 950,000 928,838
    ISHARES S&P PREFERRED STOCK AT COST 45,168 45,325
    LASALLE HOTEL PPTY SH BEN AT COST 25,145 6,384
    PIMCO COMMODITY REAL RETURN AT COST 462,063 453,861
    Q-BLK STRATEGIC PARTNERS AT COST 800,000 815,261

    TY 2012 LegalFeesSchedule
    Name:
    DISCUREN CHARITABLE FOUNDATION
    EIN: 20-2046554
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 32,018 3,202   28,816


    TY 2012 OtherDecreasesSchedule
    Name:
    DISCUREN CHARITABLE FOUNDATION
    EIN: 20-2046554
    Description Amount
    ACCRUED INCOME IN 2012 REC'D IN 2013 23,658
    MISCELLANEOUS ADJUSTMENTS/ROUNDING 5,492
    LOSS ON 2011 SALES REVERSED IN 2012 15,506


    TY 2012 OtherExpensesSchedule
    Name:
    DISCUREN CHARITABLE FOUNDATION
    EIN: 20-2046554
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MEMBERSHIP DUES 4,140 0   4,140
    PROGRAM MGMT FEES 2,359 0   2,359
    INVT MGMT FEES 89,349 83,198   6,151
    GREENHAVEN K-1 OTHER DEDUCTION 2,804 2,804   0


    TY 2012 OtherIncreasesSchedule
    Name:
    DISCUREN CHARITABLE FOUNDATION
    EIN: 20-2046554
    Description Amount
    ACCRUED INCOME IN 2011 REC'D IN 2012 12,005


    TY 2012 TaxesSchedule
    Name:
    DISCUREN CHARITABLE FOUNDATION
    EIN: 20-2046554
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 11,098 11,098   0
    ESTIMATED TAX PAYMENT 35,000 0   0