Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter Social Security numbers on this form as it may be made public. By law, the IRS cannot redact the information on the form.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2013
Open to Public Inspection
For calendar year 2013, or tax year beginning 01-01-2013 , and ending 12-31-2013
Name of foundation
HORIZONS FOUNDATION
 
% STEPHEN HADAC
Number and street (or P.O. box number if mail is not delivered to street address)4020 E MADISON ST SUITE 322SuiteRoom/suite
City or town, state or province, country, and ZIP or foreign postal code
SEATTLE, WA981123150
A Employer identification number

91-1493424
B Telephone number (see instructions)

(206) 323-8061
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E 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$23,977,304J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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      
4 Dividends and interest from securities...... 630,413 630,413  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 267,711
b Gross sales price for all assets on line 6a 1,253,614
7 Capital gain net income (from Part IV, line 2)... 267,711
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 149 149  
12 Total. Add lines 1 through 11........ 898,273 898,273  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 45,000 11,250   33,750
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 5,826 1,456   4,369
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 12,400 3,400   9,000
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 17,924 0 0 403
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 18,005 4,501   13,504
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 9,893 1,623   8,035
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 109,048 22,230 0 69,061
25 Contributions, gifts, grants paid........ 1,032,500 1,032,500
26 Total expenses and disbursements. Add lines 24 and 25 1,141,548 22,230 0 1,101,561
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -243,275
b Net investment income (if negative, enter -0-) 876,043
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2013)
Form 990-PF (2013)
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............... 680 680 680
2 Savings and temporary cash investments.......... 2,143,018 2,343,468 2,343,468
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 instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 3,972 Click to see attachment2,322 2,728
b Investments—corporate stock (attach schedule)........ 3,187,895 Click to see attachment3,102,408 20,716,266
c Investments—corporate bonds (attach schedule)........ 1,219,882 Click to see attachment860,862 907,118
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet17,661
Less: accumulated depreciation (attach schedule) bullet17,661      
15 Other assets (describe bullet) Click to see attachment7,044 Click to see attachment7,044 Click to see attachment7,044
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,562,491 6,316,784 23,977,304
Liabilities 17 Accounts payable and accrued expenses.......... 772 17,521
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).......... 772 17,521
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.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund 10,687,351 10,687,351
29 Retained earnings, accumulated income, endowment, or other funds -4,125,632 -4,388,088
30 Total net assets or fund balances (see page 17 of the
instructions).................... 6,561,719 6,299,263
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 6,562,491 6,316,784
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 6,561,719
2 Enter amount from Part I, line 27a..................... 2 -243,275
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 6,318,444
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 19,181
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 6,299,263
Form 990-PF (2013)
Form 990-PF (2013)
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 BANK OF INDIA CD P 2012-04-02 2013-04-10
b AMERICA EXPRESS CD P 2011-08-18 2013-08-26
c BANK CHINA CD P 2010-04-02 2013-10-11
d METLIFE CD P 2010-10-05 2013-10-15
e PARKWAY BANK CD P 2010-10-06 2013-10-15
GNMA POOL 002396, 7.5% 3-20-27 P 2001-01-01 2013-12-31
GMAC P 2002-06-06 2013-02-15
AMEX P 2010-02-10 2013-07-15
HEINZ P 1995-12-31 2013-06-10
MOLEX P 2011-07-14 2013-12-09
(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 100,000   100,000  
b 100,000   100,000  
c 100,000   100,000  
d 150,000   150,000  
e 100,000   100,000  
414   416 -2
200,000   200,000  
150,000   150,000  
326,250   68,413 257,837
26,950   17,074 9,876
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        
b        
c        
d        
e        
      -2
       
       
      257,837
      9,876
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 2 267,711
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))
2012 1,109,967 20,749,726 0.053493
2011 1,039,009 21,158,249 0.049107
2010 912,696 19,873,758 0.045925
2009 783,914 16,747,956 0.046807
2008 1,059,875 20,221,392 0.052414
2 Total of line 1, column (d) ...................... 2 0.247746
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 0.049549
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 22,303,998
5 Multiply line 4 by line 3....................... 5 1,105,141
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 8,760
7 Add lines 5 and 6......................... 7 1,113,901
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,101,561
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 (2013)
Form 990-PF (2013)
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 17,521
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 17,521
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 17,521
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 15,021
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 2,500
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 17,521
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet   RefundedBullet 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 attachment....................
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 attachment....
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.Click to see attachment
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 2013 or the taxable year beginning in 2013 (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 addressbulletNONE
    14
    The books are in care ofbulletSTEPHEN HADAC Telephone no.bullet (206) 323-8061
    Located atbullet4020 E MADISON ST SUITE 322SEATTLEWA ZIP+4bullet981123150
    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 2013, did the foundation have an interest in or a signature or other authority over YesNo
    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 (2013)
    Form 990-PF (2013)
    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 2013?.............
    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 2013, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2013?...............
    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 2013 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 2013.)....................
    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 2013?
    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 (2013)
    Form 990-PF (2013)
    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
    LUCY J HADAC PRESIDENT & DIRECTOR
    15.0     		0 4,839 0
    4020 E MADISON ST SUITE 322
    SEATTLE,WA981123150
    JERALD FOSTER VP & DIRECTOR
    4.0     		0 0 0
    4020 E MADISON ST SUITE 322
    SEATTLE,WA981123150
    STEPHEN T HADAC SECRETARY & DIRECTOR
    40.0     		45,000 0 0
    4020 E MADISON ST SUITE 322
    SEATTLE,WA981123150
    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 (2013)
    Form 990-PF (2013)
    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
     
    b
    Average of monthly cash balances.......................
    1b
     
    c
    Fair market value of all other assets (see instructions)................
    1c
     
    d
    Total (add lines 1a, b, and c).........................
    1d
     
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
     
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
     
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
     
    6
    Minimum investment return. Enter 5% of line 5..................
    6
     
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,115,200
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    17,521
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    17,521
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,097,679
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,097,679
    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
    1,097,679
    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
     
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
     
    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
     
    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 (2013)
    Form 990-PF (2013)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2012     		(c)
    2012     		(d)
    2013
    1 Distributable amount for 2013 from Part XI, line 7 1,097,679
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 0
    b Total for prior years:2011, 2010, 2009  
    3 Excess distributions carryover, if any, to 2013:
    a From 2008.......  
    b From 2009.......  
    c From 2010.......  
    d From 2011.......  
    e From 2012....... 679
    fTotal of lines 3a through e......... 679
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 1,101,561
    a Applied to 2012, 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 2013 distributable amount..... 1,097,679
    e Remaining amount distributed out of corpus 3,882
    5 Excess distributions carryover applied to 2013.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 4,561
    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 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........     		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 2008 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		4,561
    10 Analysis of line 9:
    a Excess from 2009....  
    b Excess from 2010....  
    c Excess from 2011....  
    d Excess from 2012.... 679
    e Excess from 2013.... 3,882
    Form 990-PF (2013)
    Form 990-PF (2013)
    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 2013, 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) 2013 (b) 2012 (c) 2011 (d) 2010
             
    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).)
    NONE
    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.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    STEPHEN HADAC HORIZONS FOUNDATION
    4020 E MADISON SUITE 322
    SEATTLE,WA98112
    (206) 323-8061
    bThe form in which applications should be submitted and information and materials they should include:
    SEE ATTACHMENT A
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SEE ATTACHMENT A
    Form 990-PF (2013)
    Form 990-PF (2013)
    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
    ABUSED DEAF WOMEN'S ADVOCACY SVCS
    8623 ROOSEVELT WAY NE
    SEATTLE,WA98115     		N/A PC DOMESTIC ABUSE 15,000
    ARLINGTON KIDS' CLOSET
    135 S FRENCH BOX C
    ARLINGTON,WA98223     		N/A PC LOW INCOME STUDENTS 3,500
    ARLINTON CMMUN FOOD BANK
    16821 SMOKEY PT BLVD
    ARLINGTON,WA98223     		N/A PC HOMELESSNESS 3,500
    ASSIST LEAGUE OF EVERETT
    5107 EVERGREEN WAY
    EVERETT,WA98203     		N/A PC DOMESTIC ABUSE 4,000
    ASSISTANCE LEAGUE-EASTSIDE
    16541 REDMOND WAY
    REDMOND,WA98052     		N/A PC DOMESTIC ABUSE 2,500
    CHILD CARE RESOURCES
    1225 S WELLER SUITE 300
    SEATTLE,WA98144     		N/A PC CHILD CARE 5,000
    CHRISTIAN AID CENTER
    PO BOX 56
    WALLA WALLA,WA99362     		N/A PC HOMELESSNESS 5,000
    CITY FRUIT
    PO BOX 28577
    SEATTLE,WA98118     		N/A PC HUNGER 5,000
    COCOON HOUSE
    2929 PINE ST
    EVERETT,WA98201     		N/A PC PARENTING EDUCATION 12,000
    COMPASS HOUSING ALLIANCE
    77 S WASHINGTON ST
    SEATTLE,WA98104     		N/A PC HOMELESSNESS 5,000
    DOM VIOL & SEX ASSLT SVCS
    1407 COMMERCIAL ST
    BELLINGHAM,WA98225     		N/A PC DOMESTIC ABUSE 15,000
    DOWNTOWN EMERGENCY
    515 THIRD AVE
    SEATTLE,WA98104     		N/A PC HOMELESSNESS 3,500
    EARTHJUSTICE
    426 17TH ST 6TH FLOOR
    SAN FRANCISCO,CA94111     		N/A PC ENVIRON. PROTECTION 30,000
    ELIZABETH GREGORY HOME
    1604 NE 50TH ST
    SEATTLE,WA98105     		N/A PC HOMELESS WOMEN 6,000
    ENVIRONMENTAL SCIENCE CENTER
    126 SW 148TH ST C100-170
    BURIEN,WA98116     		N/A PC ENVIRON. EDUCATION 12,500
    EVERGREEN CITY BALLET
    2230 LIND AVE SW 109
    RENTON,WA98057     		N/A PC ARTS EDUCATION 2,500
    FACING THE FUTURE
    1904 THIRD AVE SUITE 510
    SEATTLE,WA98101     		N/A PC ENVIRONMENTAL EDUC. 10,000
    FAM EDUC & SUPT SERVICES
    1202 BLACK LAKE BLVD B
    OLYMPIA,WA98502     		N/A PC PARENTING EDUCATION 10,000
    FARESTART
    700 VIRGINIA ST
    SEATTLE,WA98101     		N/A PC HUNGER 3,500
    FIRST PLACE
    PO BOX 22536
    SEATTLE,WA98122     		N/A PC HOMELESSNESS 5,000
    FOOD LIFELINE
    1702 NE 150TH ST
    SHORELINE,WA98155     		N/A PC HUNGER 3,500
    FRIENDS OF YOUTH(HEALTHY START)
    16225 NE 87TH ST A-6
    REDMOND,WA98052     		N/A PC PARENTING EDUCATION 5,000
    FUTUREWISE
    816 SECOND AVE SUITE 200
    SEATTLE,WA98104     		N/A PC PRESERVE ENVIRONMENT 25,000
    GREATER MAPLE VALLEY COMMUNITY CTR
    22010 SE 248TH ST
    MAPLE VALLEY,WA98038     		N/A PC DATING VIOLENCE 10,000
    HOPE IN CHRIST MINISTRIES
    822 BURWELL ST
    BREMERTON,WA98337     		N/A PC AT RISK YOUTH 5,000
    HOPELINK
    10675 WILLOWS RD NE 275
    REDMOND,WA98052     		N/A PC HOMELESSNESS 3,500
    HOSPITALITY HOUSE
    15003 14TH AVE SW
    BURIEN,WA98166     		N/A PC HOMELESS WOMEN 4,500
    HOUSING HOPE
    5830 EVERGREEN WAY
    EVERETT,WA98203     		N/A PC HOMELESSNESS 10,000
    INTIMAN THEATRE
    PO BOX 19537
    SEATTLE,WA98109     		N/A PC ARTS 5,000
    KING CTY SEXUAL ASSAULT RES CTR
    PO BOX 300
    RENTON,WA98057     		N/A PC SEXUAL ASSAULT 12,000
    LIFEWIRE
    PO BOX 6398
    BELLEVUE,WA98008     		N/A PC DOMESTIC VIOLENCE 20,000
    MILLIONAIR CLUB CHARITY
    2515 WESTERN AVE
    SEATTLE,WA98121     		N/A PC HUNGER 5,000
    MUS OF HISTORY & INDUSTRY
    2700 24TH AVE E
    SEATTLE,WA98112     		N/A PC ARTS EDUCATION 2,000
    N HALE HS SPORTS BOOSTERS
    2414 5TH AVE WEST
    SEATTLE,WA98119     		N/A PC EDUCATION 2,000
    NATIONAL AUDUBON(AUDUBON WASH)
    5902 LAKE WASH BLVD S
    SEATTLE,WA98118     		N/A PC ENVIRONMENTAL EDUC. 30,000
    NATURE CONSERVANCY
    1917 FIRST AVE
    SEATTLE,WA98101     		N/A PC ENVIRON. PROTECTION 10,000
    NEIGHBORCARE HEALTH
    905 SPURCE ST SUITE 300
    SEATTLE,WA98104     		N/A PC HEALTH 3,500
    NEST (NE SEATTLE TOGETHER)
    PO BOX 51009
    SEATTLE,WA98115     		N/A PC SENIOR ASSISTANCE 20,000
    NORTHWEST HARVEST
    PO BOX 12272
    SEATTLE,WA98102     		N/A PC HUNGER 3,500
    PAWS
    PO BOX 1037
    LYNNWOOD,WA98046     		N/A PC WILDLIFE 2,000
    PUGET SD ADLERIAN SOC
    8249 38TH AVE NE
    SEATTLE,WA98115     		N/A PC PARENTING EDUCATION 23,000
    PUGET SOUNDKEEPER ALLIANCE
    5305 SHILSHOLE AVE NW 150
    SEATTLE,WA98107     		N/A PC WATER QUALITY 15,000
    RESOURCES
    2309 MERIDIAN ST
    BELLINGHAM,WA98225     		N/A PC WATER QUALITY 12,000
    REUSE WORKS INC-BELLINGHAM
    802 MARINE DR
    SEATTLE,WA98104     		N/A PC CHILD WELFARE 10,000
    SAFEPLACE-RAPE RELIEF
    314 LEGION WAY SE
    OLYMPIA,WA98501     		N/A PC DOMESTIC VIOLENCE 20,000
    SEATTLE GOODWILL
    1765 6TH AVE S
    SEATTLE,WA98134     		N/A PC JOB TRAINING 3,500
    SEATTLE TIMES FUND NEEDY
    PO BOX C11025
    SEATTLE,WA98111     		N/A PC HOMELESSNESS 3,500
    SEATTLE UNION GOSPEL MISSION
    PO BOX 202
    SEATTLE,WA98111     		N/A PC HOMELESSNESS 3,500
    SEATTLE YOUTH SYMPHONY
    11065 FIFTH AVE NE SUITE A
    SEATTLE,WA98125     		N/A PC ARTS EDUCATION 3,500
    SEED-SE EFFECTIVE DEVELOPMENT
    5117 RAINIER AVE S
    SEATTLE,WA98118     		N/A PC ARTS EDUCATION 3,000
    SOLID GROUND(FREM PUB ASSOC)
    1501 N 45TH ST
    SEATTLE,WA98103     		N/A PC HOMELESSNESS 15,000
    SOPHIA WAY
    700 108TH AVE NE SUITE 201
    BELLEVUE,WA98004     		N/A PC DOMESTIC ABUSE 3,500
    SOUND MENTAL HEALTH
    1600 E OLIVE ST
    SEATTLE,WA98112     		N/A PC DOMESTIC VIOLENCE 10,000
    SPOKANE VALLEY PARTNERS
    PO BOX 141360
    SPOKANE VALLEY,WA99214     		N/A PC HUNGER 3,500
    ST JAMES FAMILY CTR(EPISCOPAL CHURCH)
    1134 COLUMBIA ST
    CATHLAMET,WA98612     		N/A PC PARENTING EDUCATION 13,000
    TAPROOT THEATRE CO
    PO BOX 30946
    SEATTLE,WA98113     		N/A PC ARTS EDUCATION 2,500
    TEEN FEED
    4740 B UNIVERSITY WAY NE
    SEATTLE,WA98105     		N/A PC HUNGER 5,000
    THEATER SCHMEATER
    1500 SUMMIT AVE
    SEATTLE,WA98122     		N/A PC ARTS 2,500
    UNIVERSITY DISTRTICT FOOD BANK
    4731 15TH AVE NE
    SEATTLE,WA98105     		N/A PC HUNGER 10,000
    VANESSA BEHAN CRISIS NURSERY
    1004 E 8TH ST
    SPOKANE,WA99202     		N/A PC CHILD WELFARE 1,000
    VELOCITY DANCE CENTER
    1621 12TH AVE SUITE 100
    SEATTLE,WA98122     		N/A PC ARTS EDUCATION 2,500
    VOLUNTEERS OF AMER-W WA
    PO BOX 839
    EVERETT,WA98206     		N/A PC HUNGER 3,500
    WASHINGTON ENVIR COUNC
    1402 THIRD AVE SUITE 1400
    SEATTLE,WA98101     		N/A PC ENVIRON. PROTECTION 30,000
    WHISTLESTOP DANCE COMPANY
    PO BOX 20801
    SEATTLE,WA98102     		N/A PC ARTS EDUCATION 2,000
    WOLF HOLLOW WILDLIFE REHAB CTR
    PO BOX 391
    FRIDAY HARBOR,WA98250     		N/A PC WILDLIFE 2,000
    YWCA OF TACOMA & PIERCE CTY
    405 BROADWAY
    TACOMA,WA98402     		N/A PC DOMESTIC ABUSE 20,000
    MEANY HALL FOR THE PERFORMING ARTS
    PO BOX 351150
    SEATTLE,WA98195     		N/A PC ARTS EDUCATION 4,000
    RESOURCE MEDIA
    600 STEWART ST
    SUITE 1201
    SEATTLE,WA98101     		N/A PC ARTS EDUCATION 10,000
    DAWN- DOMESTIC ABUSE WOMENS NETWORK
    PO BOX 88007
    TUKWILA,WA98138     		N/A PC DOMESTIC VIOLENCE 15,000
    WESTERN LANDS PROJECT
    PO BOX 95545
    SEATTLE,WA98145     		N/A PC NATURE CONSERVANCY 10,000
    DOMESTIC VIOLENCE SERVICES OF SNOHOMISH COUNTY
    PO BOX 7
    EVERETT,WA98206     		N/A PC DOMESTIC VIOLENCE 10,000
    AMERICAN BIRD CONSERVANCY
    PO BOX 249
    4249 LOUDON AVE
    THE PLAINS,VA20198     		N/A PC WILDLIFE CONSERVANCY 5,000
    NW TOXICS COMMUNITIES COALITION
    PO BOX 2664
    SEQUIM,WA98392     		N/A PC ENVIRONMENTAL PROTECTION 2,000
    WILDLANDS CPR
    PO BOX 7516
    MISSOULA,MT59807     		N/A PC CPR TRAINING 10,000
    JUBILEE WOMENS CENTER
    620 18TH AVE E
    SEATTLE,WA98112     		N/A PC WOMENS SHELTER 6,000
    BASTYR UNIVERSITY
    14500 JUANITA DRIVE NE
    KENMORE,WA98028     		N/A PC EDUCATION 2,000
    FRIENDSHIP HOUSE
    PO BOX 517
    MT VERNON,WA98273     		N/A PC HUMAN SERVICES 5,000
    FEDERAL WAY SYMPHONY
    PO BOX 4513
    FEDERAL WAY,WA98063     		N/A PC PERFORMING ARTS 2,500
    AMERICAN WHITEWATER
    3537 NE 87TH STREET
    SEATTLE,WA98115     		N/A PC EDUCATION 7,500
    PLANNED PARENTHOOD OF THE GREAT NORTHWEST
    2001 E MADISON STREET
    SEATTLE,WA98122     		N/A PC SEXUAL HEALTH 50,000
    PLANNED PARENTHOOD OF COLUMBIA WILLAMETTE
    3727 ne M L King Blvd
    PORTLAND,OR97212     		N/A PC SEXUAL HEALTH 10,000
    NATURE BRIDGE
    28 GEARY ST
    SUITE 650
    SAN FRANSISCO,CA94108     		N/A PC NATURE CONSERVANCY 10,000
    WHIM WHIM
    5706 17TH AVE NW 70285
    SEATTLE,WA98127     		N/A PC ARTS 5,000
    PACIFIC NORTHWEST BALLET
    301 MERCER ST
    SEATTLE,WA98109     		N/A PC PERFORMING ARTS 3,000
    SNOHOMISH COUNTY MUSIC PROJECT
    PO BOX 1006
    EVERETT,WA98206     		N/A PC ARTS 2,500
    CONSEJO COUNSELING & REFERRAL
    3808 S AUGELINE ST
    SEATTLE,WA98118     		N/A PC HUMAN SERVICES 10,000
    PORT TOWNSEND MARINE SCIENCE CENTER
    532 BATTERY WAY
    PORT TOWNSEND,WA98368     		N/A PC MARINE CONSERVANCY 7,000
    GIFFORD PINCHOT TASK FORCE
    9106 NE HWY 99
    VANCOUVER,WA98665     		N/A PC WILDLIFE SERVICES 15,000
    AMERICAN RIVER
    4700 COLLEGE OAK DRIVE
    SACRMENTO,CA95841     		N/A PC ENVIRONMENT 15,000
    AMARA
    33000 EAST UNION STREET
    SEATTLE,WA98122     		N/A PC HUMAN SERVICES 15,000
    PACIFIC SCIENCE CENTER
    200 SECOND AVENUE N
    SEATTLE,WA98109     		N/A PC SCIENCE EDUCATION 5,000
    CG HOLIDAY STOCKING FOR HOMELESS CHILDREN
    4020 E MADISON ST SUITE 322
    SEATTLE,WA98112     		N/A PC HUMAN SERVICES 3,000
    RENTON AREA YOUTH FAMILY SERVICES
    12704 76HT AVE S
    SEATTLE,WA98178     		N/A PC FAMILY SERVICES 10,000
    MARYS PLACE
    1830 9TH AVE
    SEATTLE,WA98101     		N/A PC HUMAN SERVICES 5,000
    NW ENERGY COALITION
    811 1ST AVE 305
    SEATTLE,WA98104     		N/A PC SUPPORT 15,000
    NARAL PRO-CHOICE WASHINGTON FOUNDATION
    811 FIRST AVENUE SUITE 675
    SEATTLE,WA98104     		N/A PC SUPPORT 15,000
    KWAIHT
    PO BOX 415
    LOPEZ,WA98261     		N/A PC SUPPORT 5,000
    ARTS IN MOTION
    3818 SOUTH ANGELINE STREET
    SEATTLE,WA98118     		N/A PC ARTS 2,500
    DRIFTWOOD PLAYERS THEATER
    PO BOX 385
    EDMONDS,WA98020     		N/A PC SUPPORT 2,500
    PACIFIC RIM INSTITUTE
    180 PARKER ROAD
    COUPERVILLE,WA98239     		N/A PC human services 5,000
    WSCADV - WASHINGTON STATE COALITION
    1402 3RD AVE STE 406
    SEATTLE,WA98101     		N/A PC HUMAN SERVICES 18,000
    DASH CENTER
    1105 A STREET
    TACOMA,WA98405     		N/A PC HUMAN SERVICES 5,000
    LEGAL VOICE
    907 PINE ST 500
    SEATTLE,WA98101     		N/A PC SUPPORT 20,000
    WOODLAND PARK ZOO SOCIETY
    601 N 59TH STY
    SEATTLE,WA98103     		N/A PC WILDLIFE CONSERVATION 7,500
    WA WILDLIFE & RECREATION COALITION
    1402 3RD AVE 507
    SEATTLE,WA98101     		N/A PC WILDLIFE SERVICES 12,000
    EASTSIDE LEGAL ASSISTANCE PROGRAM
    1510 140TH AVE NE STE 110
    BELLEVUE,WA98005     		N/A PC PROVIDING LEGAL ASSISTANCE TO LOW INCOME INDIVIDUALS 15,000
    NORTH CASCADES INSTITUTE
    810 STATE ROUTE 20
    SEDRO WOOLLEY,WA98284     		N/A PC EDUCATION 10,000
    FORTERRA
    901 5TH Ave ste 2200
    seattle,WA98164     		N/A PC environment 20,000
    NATURE CONSORTIUM
    4408 DELRIDGE WAY SW STE 107
    SEATTLE,WA98106     		N/A PC environment 5,000
    FOREST ETHICS
    1329 N STATE STREET SUITE 302
    BELLINGHAM,WA98225     		N/A PC ENVIRONMENT 20,000
    KILLER WHALE TALES
    PO BOX 15453
    SEATTLE,WA98116     		N/A PC ENVIRONMENT 5,000
    VICTIM SUPPORT SERVICES
    PO BOX 1949
    EVERETT,WA98206     		N/A PC HUMAN SERVICES 1,000
    MARKET FOUNDATION
    PO BOX 98843
    DES MOINES,WA98198     		N/A PC HUMAN SERVICES 3,500
    SECOND HARVEST INLAND
    1234 east front avenue
    spokane,WA99202     		N/A PC human services 3,500
    NORTH HOPELINE
    12736 33rd ave
    seattle,WA98125     		N/A PC human services 3,500
    TROUT UNLIMITED
    1300 N 17TH STREET SUITE 500
    ARLINGTON,VA22209     		N/A PC environment 1,000
    SAVE OUR WILD SALMON
    200 FIRST AVE W
    SUITE 107
    SEATTLE,WA98119     		N/A PC WILDLIFE CONSERVANCY 20,000
    Total .................................bullet 3a 1,032,500
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2013)
    Form 990-PF (2013)
    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....          
    3
    Interest on savings and temporary cash investments ............     		         
    4 Dividends and interest from securities....     14 630,413  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 267,711  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aFOREIGN TAX - REFUND     14 149  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   898,273  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13898,273
    (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 (2013)
    Form 990-PF (2013)
    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 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    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 (2013)
    Additional Data


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    Form 990PF - Special Condition Description:
    Special Condition Description

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    TY 2013 DepreciationSchedule
    Name:
    HORIZONS FOUNDATION
    EIN: 91-1493424
    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
    ACCTG SOFTWARE 1990-05-09 82 82 SL 5        
    PHONE 1990-11-06 58 58 SL 7        
    OFFICE FURNITURE 1990-11-09 1,178 1,178 SL 7        
    UTILITY CART 1990-12-04 108 108 SL 7        
    COMPUTER, PRINTER 1990-12-06 1,483 1,483 SL 5        
    STORAGE CABINET 1991-02-20 97 97 SL 7        
    ROUND TABLE 1991-03-02 269 269 SL 7        
    COAT RACK 1991-03-02 107 107 SL 7        
    FILE CABINET 1992-12-26 151 151 SL 7        
    VCR - TV UNIT 1993-02-07 433 433 SL 5        
    2 GUEST CHAIRS 1994-03-03 314 314 SL 7        
    CONFERENCE TABLE 1994-03-03 378 378 SL 7        
    UTILITY CABINET 1994-03-03 130 130 SL 7        
    BOOKCASE 1994-03-03 76 76 SL 7        
    DESK CHAIR 1994-03-03 216 216 SL 7        
    DESK 1994-03-07 130 130 SL 7        
    POWER MAC COMP 1994-05-12 2,442 2,442 SL 5        
    FILE CABINET 1994-06-23 108 108 SL 7        
    SOFA, CHAIR, TABLE 1994-08-15 2,004 2,004 SL 7        
    CD-ROM READER 1994-08-31 470 470 SL 5        
    LAMP 1994-10-12 303 303 SL 7        
    2 PICTURE FRAMES 1994-10-27 305 305 SL 7        
    REFRIGERATOR 1994-11-03 152 152 SL 5        
    FAX MODEM 1995-06-02 100 100 SL 5        
    ZIP DRIVE DEVICE 1995-06-21 200 200 SL 5        
    COLOR MONITOR 1998-02-06 300 300 SL 5        
    LASERJET PRINTER 1998-02-06 950 950 SL 5        
    POWER MAC G3 COMP 1998-02-06 2,399 2,399 SL 5        
    TV-VCR COMBO 1998-11-04 250 250 SL 5        
    MODEM - GLOBAL VLG 1999-02-09 160 160 SL 5        
    COMPUTER, PRINTER 2006-03-31 2,308 2,308 SL 5        

    TY 2013 InvestmentsCorpBondsSchedule
    Name:
    HORIZONS FOUNDATION
    EIN: 91-1493424
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORPORATE BONDS 860,862 907,118

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    HORIZONS FOUNDATION
    EIN: 91-1493424
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CORPORATE STOCK 3,102,408 20,716,266

    TY 2013 InvestmentsGovtObligationsSch
    Name:
    HORIZONS FOUNDATION
    EIN: 91-1493424
    US Government Securities - End of Year Book Value:

    2,322
    US Government Securities - End of Year Fair Market Value:

    2,728
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2013 InvestmentsLandSchedule2
    Name:
    HORIZONS FOUNDATION
    EIN: 91-1493424
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value

    TY 2013 LandEtcSchedule2
    Name:
    HORIZONS FOUNDATION
    EIN: 91-1493424
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value


    TY 2013 OtherAssetsSchedule
    Name:
    HORIZONS FOUNDATION
    EIN: 91-1493424
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PREPAID TAXES 7,044 7,044 7,044


    TY 2013 OtherDecreasesSchedule
    Name:
    HORIZONS FOUNDATION
    EIN: 91-1493424
    Description Amount
    B/T DIFFERENCE ON SALE OF SECURITIES 19,181


    TY 2013 OtherExpensesSchedule
    Name:
    HORIZONS FOUNDATION
    EIN: 91-1493424
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE EXPENSE 500 125   375
    FILING/LICENSES EXPENSE 50      
    OFFICE EXPENSE 2,160 540   1,620
    DUES AND SUBSCRIPTIONS 351 351    
    PHILANTHROPY NW DUES 4,220     4,220
    PENALTIES AND FINES 185      
    PHONE AND INTERNET 2,427 607   1,820


    TY 2013 OtherIncomeSchedule2
    Name:
    HORIZONS FOUNDATION
    EIN: 91-1493424
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FOREIGN TAXES - REFUND 149 149  


    TY 2013 OtherProfessionalFeesSchedule
    Name:
    HORIZONS FOUNDATION
    EIN: 91-1493424
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    COMMISSION FEES - MSSB 400 400    
    ADMINISTRATION FEES - FMG 12,000 3,000   9,000


    TY 2013 TaxesSchedule
    Name:
    HORIZONS FOUNDATION
    EIN: 91-1493424
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAX EXPENSE 17,521      
    PAYROLL TAX EXPENSE 403 0 0 403