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
AVEN FOUNDATION
 
% AVEN FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 465SuiteRoom/suite
City or town, state, and ZIP code
Medina, WA98039
A Employer identification number

91-2009458
B Telephone number (see instructions)

(425) 586-8011
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$49,708,912J 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) 0
2 Check bullet
3 Interest on savings and temporary cash investments 51 51  
4 Dividends and interest from securities...... 863,857 863,832  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 393,420
b Gross sales price for all assets on line 6a 5,404,548
7 Capital gain net income (from Part IV, line 2)... 393,420
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment -178,382 -160,698  
12 Total. Add lines 1 through 11........ 1,078,946 1,096,605  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 8,175 3,270 0 4,905
c Other professional fees (attach schedule).... Click to see attachment 61,182 48,945   12,237
17 Interest............... 1,650 1,650    
18 Taxes (attach schedule) (see instructions) Click to see attachment 37,340 28,159   35
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 6,052     6,014
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 114,399 82,024 0 23,191
25 Contributions, gifts, grants paid........ 2,710,425 2,710,425
26 Total expenses and disbursements. Add lines 24 and 25 2,824,824 82,024 0 2,733,616
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,745,878
b Net investment income (if negative, enter -0-) 1,014,581
c Adjusted net income (if negative, enter -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...............      
2 Savings and temporary cash investments.......... 4,887,848 286,511 286,511
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges........... 43,615 32,345 32,345
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 12,091,375 Click to see attachment12,493,669 15,008,574
c Investments—corporate bonds (attach schedule)........ 4,268,423 Click to see attachment4,589,093 4,712,107
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 24,096,723 Click to see attachment26,231,467 29,669,375
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) 45,387,984 43,633,085 49,708,912
Liabilities 17 Accounts payable and accrued expenses.......... 43,796 38,083
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).......... 43,796 38,083
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......... 45,344,188 43,595,002
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).................... 45,344,188 43,595,002
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 45,387,984 43,633,085
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 45,344,188
2 Enter amount from Part I, line 27a..................... 2 -1,745,878
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 43,598,310
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 3,308
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 43,595,002
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 SEE ATTACHMENT C ST P 2012-01-01 2012-12-31
b SEE ATTACHMENT C LT P 2011-01-01 2012-12-31
c SEE ATTACHMENT B ST P 2012-01-01 2012-12-31
d SEE ATTACHMENT B LT P 2011-01-01 2012-12-31
e AETHER REAL ASSETS K-1 P    
AETHER REAL ASSETS I K-1 P    
COMPASS DIVERSIFIED HLDING K-1 P    
THE DIII OFFSHORE K-1 P    
DARWIN VENTURE CAPITAL K-1 P    
DARWIN VENTURE CAPITAL K-1 P    
EPOCH GLOBAL ABSOLUTE K-1 P    
EPOCH GLOBAL ABSOLUTE K-1 P    
LAZARD INTERNATIONAL K-1 P    
LAZARD INTERNATIONAL K-1 P    
MONTAUK TRIGUARD K-1 P    
MONTAUK TRIGUARD K-1 P    
OCTAVIAN TE FUND K-1 P    
SUN CAPITAL PARTNERS K-1 P    
SUN CAPITAL PARTNERS K-1 P    
THORNBURG INTERNATIONAL K-1 P    
THORNBURG INTERNATIONAL K-1 P    
WATERSHED CAPITAL K-1 P    
CONTRACTS & STRADDLES MONTAUK P    
CONTRACTS & STRADDLES THORNBURG P    
GAIN ON DISPOSITION OF BREITBURN P    
GAIN ON DISPOSITION OF COMPASS P    
LOSS ON DISPOSITION OF OCTAVIA P    
LOSS ON DISPOSITION OF WATERSHED P    
LOSS ON FORWARD CONTRACTS P    
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 58,799   55,688 3,111
b 2,732,447   2,711,380 21,067
c 792,189   718,596 73,593
d 6,406   6,674 -268
e 361     361
2,574     2,574
297     297
3,316     3,316
27,757     27,757
116,933     116,933
    61,846 -61,846
257,579     257,579
26,627     26,627
37,710     37,710
7,769     7,769
2,343     2,343
373     373
    376 -376
    75 -75
    11,892 -11,892
    14,853 -14,853
67     67
    133 -133
    3,488 -3,488
83,262   69,037 14,225
27,209   24,010 3,199
849,798   937,848 -88,050
252,302   334,281 -81,979
60,774   60,951 -177
      57,656
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       3,111
b       21,067
c       73,593
d       -268
e       361
      2,574
      297
      3,316
      27,757
      116,933
      -61,846
      257,579
      26,627
      37,710
      7,769
      2,343
      373
      -376
      -75
      -11,892
      -14,853
      67
      -133
      -3,488
      14,225
      3,199
      -88,050
      -81,979
      -177
       
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 2 393,420
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 3,782,202 46,654,551 0.081068
2010 1,956,037 55,040,150 0.035538
2009 3,816,557 44,227,788 0.086293
2008 3,764,571 54,508,835 0.069064
2007 5,322,212 42,704,339 0.124629
2 Total of line 1, column (d) ...................... 2 0.396592
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 0.079318
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 49,977,554
5 Multiply line 4 by line 3....................... 5 3,964,120
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 10,146
7 Add lines 5 and 6......................... 7 3,974,266
8 Enter qualifying distributions from Part XII, line 4.............. 8 2,733,616
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 20,292
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3 20,292
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 20,292
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 14,148
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 25,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 39,148
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 18,856
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet18,856 Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? Click to see list of attachments....................
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 changesClick to see list of attachments....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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.Click to see list of attachments
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 addressbulletN/A
    14
    The books are in care ofbulletAVEN FOUNDATION Telephone no.bullet (425) 586-8011
    Located atbulletPO BOX 53508BELLEVUEWA ZIP+4bullet980153508
    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
     
     
    .........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
     
     
    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
    JOHN W STANTON DIRECTOR
    4.0     		0 0 0
    PO BOX 465
    Medina,WA98039
    THERESA E GILLESPIE DIRECTOR
    4.0     		0 0 0
    PO BOX 465
    Medina,WA98039
    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
     
    Total number of other employees paid over $50,000...................bullet  
    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
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (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
    18,368,359
    b
    Average of monthly cash balances.......................
    1b
    2,661,642
    c
    Fair market value of all other assets (see instructions)................
    1c
    29,708,632
    d
    Total (add lines 1a, b, and c).........................
    1d
    50,738,633
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    50,738,633
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) .............................
    4
    761,079
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    49,977,554
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,498,878
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    2,498,878
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    20,292
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    20,292
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,478,586
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    2,478,586
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    2,478,586
    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
    2,733,616
    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
    2,733,616
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,733,616
    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 2,478,586
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only....... 0
    b Total for prior years:2010, 2009, 2008  
    3 Excess distributions carryover, if any, to 2012:
    a From 2007....... 3,750,037
    b From 2008....... 1,064,793
    c From 2009....... 1,625,593
    d From 2010.......  
    e From 2011....... 1,458,620
    fTotal of lines 3a through e......... 7,899,043
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 2,733,616
    a Applied to 2011, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2012 distributable amount..... 2,478,586
    e Remaining amount distributed out of corpus 255,030
    5 Excess distributions carryover applied to 2012.    
    (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 8,154,073
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    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) .............     		 
    8Excess distributions carryover from 2007 not
    applied on line 5 or line 7 (see instructions) ...     		3,750,037
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		4,404,036
    10 Analysis of line 9:
    a Excess from 2008.... 1,064,793
    b Excess from 2009.... 1,625,593
    c Excess from 2010....  
    d Excess from 2011.... 1,458,620
    e Excess from 2012.... 255,030
    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).)
    JOHN STANTON AND THERESA GILLESPIE
    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:
    AVEN FOUNDATION
    PO BOX 465
    MEDINA,WA98039
    (425) 586-8011
    bThe form in which applications should be submitted and information and materials they should include:
    NO PARTICULAR FORM
    cAny submission deadlines:
    NO DEADLINES
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE AVEN FOUNDATION PRE-SELECTS CHARITABLE ORGANIZATIONS TO RECEIVE GRANTS, BUT ALSO ACCEPTS PETITIONS FROM OTHER CHARITABLE ORGANIZATIONS TO RECEIVE GRANTS.
    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
    American Diabetes Assn
    1730 Minor Avenue 920
    Seattle,WA98101     		N/A Public Western WA 2012 camp program 10,000
    Bellevue Baseball Club
    PO BOX 465
    MEDINA,WA98039     		N/A Public 2012 Operations for sports 15,000
    Bellevue Boys and Girls Club
    Bellevue
    Bellevue,WA98004     		N/A Public 2012 Programming for children 5,000
    Bellevue Chamber of Commerce Foundation
    209 100th Ave NE
    Bellevue,WA98004     		N/A Public Spirit of Bellevue Scholorship Drive 5,000
    Bellevue Schools Foundation
    10500 NE 8th Street 212
    Bellevue,WA98015     		N/A Public Scholarships - Project Readiness 100,000
    Boy Scouts of America
    PO Box 40644
    Seattle,WA98114     		N/A Public 2012 programing for Boy Scouts 10,000
    Childhaven
    P O Box 440408
    Seattle,WA98122     		N/A Public 2012 programing for childhood learning 10,000
    Children's Institute of Learning Differences
    316 Broadway
    Mercer Island,WA98040     		N/A Public 2012 programming for poverty level at risk youth 5,000
    College Success Foundation
    4030 86th Ave SE
    Issaquah,WA98027     		N/A Public Benefiting the Washington State Governors Scholars 15,000
    Crisis Clinic
    1605 NW Sammamish Rd 200
    Seattle,WA98109     		N/A Public 2012 programming for hotline 10,000
    Crosscut Public Media
    1515 Dexter Avenue North Suite 300
    Seattle,WA98104     		N/A Public Foster journalism in the public interest 25,000
    Esperanza
    105 S Main St Ste 330
    Bellevue,WA98005     		N/A Public Support children & families in poverty in Haiti and Dominican Republic 50,000
    Express Advantage
    13219 NE 20th Street Suite 208
    Seattle,WA98134     		N/A Public Community Member Services Program to educate low income individuals on banking and savings 25,000
    FareStart
    1741 4th Ave S Suite A
    Seattle,WA98101     		N/A Public Train homeless and disadvantaged individuals in food service industry jobs 40,000
    First Place School
    700 Virginia Street
    Bellevue,WA980153508     		N/A Public General operating grant to support families facing poverty and crisis. 25,000
    Fred Hutchinson Cancer Research Center
    P O Box 53508
    Seattle,WA98109     		N/A Public Cancer Research funding 10,000
    Friends of the Children
    J5-200 PO Box 19024
    Seattle,WA98122     		N/A Public Long term mentoring of at-risk elementary school children 24,000
    Harvard Business School
    P O Box 22801
    Cambridge,MA02138     		N/A Public Student Financial Aid 10,000
    Hong Kong Breast Cancer Foundation
    124 Mount Auburn Street
    Hong Kong,CHINA  
    CH     		N/A Public Breast Cancer Research 38,383
    Junior Achievement
    22/F Jupiter Tower 9 Jupiter Stree
    Seattle,WA98109     		N/A Public Help youth develop economic understanding and success 2,000
    Kirkland Concours d'Elegance
    1700 Westlake Avenue North 400
    Kirkland,WA98109     		N/A Public Sponsorship to Kirkland Chamber of Commerce's "Kirkland Concours d'Elegance" in support of Seattle Children's Hospital and America's Car Museum 5,000
    One by One
    401 Parkplace Suite 102
    Seattle,WA98033     		N/A Public Support women's surgery in Africa 5,000
    Prostate Cancer Foundation
    4041 Roosevelt Way C
    Santa Monica,WA90401     		N/A Public Research for prostate cancer cure 100,000
    Rainier Scholars
    1250 Fourth Street
    Seattle,CA90401     		N/A Public Support education of low income students through education and scholarship at independent schools 25,000
    Rotary First Harvest
    2100 24th Avenue S Suite 360
    Seattle,WA981444646     		N/A Public Donation to help RFH continue to develop and apply new strategies to convert excess produce into healthy food for people - particularly children 25,000
    SAMA
    PO Box 94117
    Seattle,WA98124     		N/A Public Research, information and support and services to aid youth in sustained recovery from addiction search, information and support and services to 5,000
    Seattle Foundation The
    18 W Mercer St 370
    Seattle,WA98119     		N/A Public Give Big initiative 10,000
    SeeYourImpact
    1200 5th Avenue Suite 1300
    Seattle,WA981013151     		N/A Public Enabling any non-profit to cost-effectively connect donors with beneficiaries and tell their stories to the world 25,000
    Special Olympics of Washington
    220 2nd Avenue South
    Seattle,WA98104     		N/A Public Support special olympic athletes from the state of Washington complete 10,000
    Stewardship Partners
    2150 N 107th Street 220
    Seattle,WA98133     		N/A Public Restoration of fish and wildlife habitat, improve water quality and portect open spaces in the stae of Washington 5,000
    Summer Search
    1411 Fourth Avenue Suite 1425
    Seattle,WA98101     		N/A Public Scholarships to high-quality summer experiental programs, mentoring and college counseling for youth in poverty 10,000
    Team Read
    1109 First Ave Suite 205
    Seattle,WA98101     		N/A Public Tutors for 2nd and 3rd grade readers in Seattle 10,000
    Michael G Reagan Portrait Foundation
    135 32nd Avenue
    Edmonds,WA98122     		N/A Public Fund supplies and postage for portraits of fallen servicemen 9,000
    The Mockingbird Society
    7106 175th Place SW
    Seattle,WA98026     		N/A Public Donation to support the building of a world-class foster care system 15,000
    Thrive by Five Washington
    2100 24th Ave S Suite 240
    Seattle,WA98144     		N/A Public Donation to support the expansion of Thrive's home visiting work in Washinton during 2012 50,000
    Trilogy Recovery Community
    1218 Third Avenue Suite 800
    Walla Walla,WA98101     		N/A Public Helping recovery of addicts in the Walla Walla area 15,000
    U S Olympic Committee
    Juvenile Justice Center P O Box 175
    Colorado Springs,CO80909     		N/A Public Provide support to Olympic and Paralympic athletes 100,000
    United Way of King County
    1 Olympic Plaza
    Seattle,CO80909     		N/A Public 50% for Year Up and 50% to United Way of King County General Fund 132,015
    United Way of King County
    720 Second Avenue
    Seattle,WA98104     		N/A Public Campaign to end Chronic Homelessness 1,100,000
    University Congregational Housing
    720 Second Avenue
    Seattle,WA98104     		N/A Public Purchase of Brockman Place Home for homeless youth 50,000
    University of Washington Foundation - ILABS
    4515 16th Ave NE
    Seattle,WA98105     		N/A Public Research and outreach on early childhood learning 150,000
    Washington State CASA
    407 Gerberding Hall Box 351210
    Seattle,WA981951210     		N/A Public Donation for Court Appointed Special Advocates for Children 37,500
    Wellspring Family Services
    206
    Seattle,WA98101     		N/A Public Expansion of their Early Learning Center - New Classroom 30,000
    Whatcom County Todd Curran Mem Scholarshp
    1900 Rainier Ave S
    Bellingham,WA98144     		N/A Public Support for scholarship for well deserving Whatcom County High School graduate 5,000
    Wireless History Foundation
    PO BOX 465
    MEDINA,WA98039     		N/A Public Educate general public about developments of wireless communcations 12,500
    Year Up
    2607 2nd Ave Seattle
    Seattle,WA98109     		N/A Public Provides urban young adults with opportunity to develop skills and provide paid internships with businesses 250,000
    YWCA of Greater Seattle
    Suite 100
    Seattle,WA98121     		N/A Public Support services for families at Passage Point transitional housing in maple Valley 50,000
    YMCA of Greater Seattle
    Suite 100
    Seattle,WA98104     		N/A Public Support early education of 30 children in the Seattle area 20,000
    Youth Eastside Services
    999 164th Ave NE
    Bellevue,WA98104     		N/A Public Support of uncompensated care and prevention and education programs for youth 15,000
    FROM PASSTHROUGH ENTITIES
    PO BOX 465
    MEDINA,WA98039     		N/A PUBLIC FOR EXEMPT PURPOSES 27
    Total .................................bullet 3a 2,710,425
    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     14 51  
    4 Dividends and interest from securities....     14 863,857  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property     16 -42  
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory     14 393,420  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aFROM PASS THROUGH ENTITIES 511110 -17,660 14 -160,698  
    bFOREIGN EXCHANGE ADJUSTMENT     14 18  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. -17,660 1,096,606  
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,078,946
    (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:
    AVEN FOUNDATION
    EIN: 91-2009458
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING/TAX - BADER MARTIN 8,175 3,270   4,905

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2012 DepreciationSchedule
    Name:
    AVEN FOUNDATION
    EIN: 91-2009458
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2012 InvestmentsCorpBondsSchedule
    Name:
    AVEN FOUNDATION
    EIN: 91-2009458
    Name of Bond End of Year Book Value End of Year Fair Market Value
    PIMCO 0 0
    TEMPLETON GLOBAL BOND 1,170,695 1,144,806
    ARTIO GLOBAL HIGH INCOME BONDS 1,126,630 1,201,360
    BLUE BAY EMERGING MARKET BOND 2,291,768 2,365,941

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    AVEN FOUNDATION
    EIN: 91-2009458
    Name of Stock End of Year Book Value End of Year Fair Market Value
    SEE ATTACHMENT A 12,493,669 15,008,574

    TY 2012 InvestmentsOtherSchedule2
    Name:
    AVEN FOUNDATION
    EIN: 91-2009458
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    SEE ATTACHMENT A AT COST 26,231,467 29,669,375

    TY 2012 LandEtcSchedule2
    Name:
    AVEN FOUNDATION
    EIN: 91-2009458
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value


    TY 2012 OtherDecreasesSchedule
    Name:
    AVEN FOUNDATION
    EIN: 91-2009458
    Description Amount
    FOREIGN TRANSLATION GAIN/LOSS 3,308


    TY 2012 OtherExpensesSchedule
    Name:
    AVEN FOUNDATION
    EIN: 91-2009458
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PHILANTHROPY NORTHWEST DUES 6,010     6,010
    NON-DEDUCTIBLE EXP- K-1'S 38      
    MISCELLANEOUS EXPENSE 4     4


    TY 2012 OtherIncomeSchedule2
    Name:
    AVEN FOUNDATION
    EIN: 91-2009458
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    INCOME FROM PASSTHROUGH ENTITIES -178,358 -160,698  
    RENTAL INCOME -42    
    FOREIGN EXCHANGE ADJUSTMENT 18    


    TY 2012 OtherProfessionalFeesSchedule
    Name:
    AVEN FOUNDATION
    EIN: 91-2009458
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEES - LAZARD 20,816 16,653   4,163
    MANAGEMENT FEES - RIVER ROAD 28,723 22,978   5,745
    AGENCY FEES - NORTHERN TRUST 11,643 9,314   2,329


    TY 2012 TaxesSchedule
    Name:
    AVEN FOUNDATION
    EIN: 91-2009458
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE LICENSE & REGISTRATION 35     35
    FOREIGN TAXES PAID FROM K-1'S 11,034 11,034    
    FOREIGN TAXES PAID FROM NT 17,125 17,125    
    FEDERAL INCOME TAX EXP 9,146