Form990-PF
Click to see attachment

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
RAYNIER INSTITUTE & FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)501 SILVERSIDE ROAD NO 123   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WILMINGTON, DE198091377
A Employer identification number

91-1644205
B Telephone number (see instructions)

(800) 839-1754
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$91,302,308J 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)  
2 Check bullet
3 Interest on savings and temporary cash investments 2,883 2,883  
4 Dividends and interest from securities...... 1,662,047 1,662,047  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,749,032
b Gross sales price for all assets on line 6a 29,190,914
7 Capital gain net income (from Part IV, line 2)... 2,749,032
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 4,413,962 4,413,962  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 31,400 1,570   29,830
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 1,407 70   1,337
16a Legal fees (attach schedule)......... Click to see attachment 1,112 0   1,112
b Accounting fees (attach schedule)....... Click to see attachment 15,400 3,080   12,320
c Other professional fees (attach schedule).... Click to see attachment 308,741 308,741   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 67,611 5,611   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 3,180 0   3,180
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 89,232 927   88,305
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 518,083 319,999   136,084
25 Contributions, gifts, grants paid........ 3,770,000 3,770,000
26 Total expenses and disbursements. Add lines 24 and 25 4,288,083 319,999   3,906,084
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 125,879
b Net investment income (if negative, enter -0-) 4,093,963
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...............      
2 Savings and temporary cash investments.......... 4,743,059 3,644,192 3,644,192
3 Accounts receivable bullet2,607
Less: allowance for doubtful accounts bullet   20,824 2,607 2,607
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) 12,119,268 Click to see attachment12,164,050 12,007,911
b Investments—corporate stock (attach schedule)........ 45,656,159 Click to see attachment47,994,911 64,195,211
c Investments—corporate bonds (attach schedule)........ 11,486,099 Click to see attachment10,345,528 11,452,387
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 bullet  
Less: accumulated depreciation (attach schedule) bullet   475 0 0
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 74,025,884 74,151,288 91,302,308
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).......... 0 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 74,025,884 74,151,288
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 74,025,884 74,151,288
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 74,025,884 74,151,288
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 74,025,884
2 Enter amount from Part I, line 27a..................... 2 125,879
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 74,151,763
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 475
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 74,151,288
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 PUBLICLY TRADED SECURITIES      
b CAPITAL GAIN DISTRIBUTIONS      
c
d
e
(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 29,074,627   26,441,882 2,632,745
b 116,287     116,287
c
d
e
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       2,632,745
b       116,287
c
d
e
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 2,749,032
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 3,042,295 78,721,840 0.038646
2011 2,864,391 77,593,221 0.036915
2010 2,940,670 73,019,759 0.040272
2009 3,464,832 67,026,892 0.051693
2008 1,824,269 75,601,400 0.024130
2 Total of line 1, column (d) ...................... 2 0.191656
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 0.038331
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 85,868,578
5 Multiply line 4 by line 3....................... 5 3,291,428
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 40,940
7 Add lines 5 and 6......................... 7 3,332,368
8 Enter qualifying distributions from Part XII, line 4.............. 8 3,906,084
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 40,940
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2............................ 3 40,940
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 40,940
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 93,146
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 93,146
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 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 52,206
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet52,206 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletWA, CO
    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 addressbulletWWW.RAYNIER.ORG
    14
    The books are in care ofbulletFOUNDATION SOURCE Telephone no.bullet (800) 839-1754
    Located atbullet501 SILVERSIDE ROAD SUITE 123WILMINGTONDE ZIP+4bullet19809
    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
     
    No
    .........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). Click to see attachment
    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
    BRADFORD TRENARY PRESIDENT/DIRECTOR
    1.00     		0 0 0
    501 SILVERSIDE ROAD SUITE 123
    WILMINGTON,DE19809
    ROBERT WARTH VICE PRESIDENT/DIRECTOR
    1.00     		0 0 0
    501 SILVERSIDE ROAD SUITE 123
    WILMINGTON,DE19809
    MICHAEL VALUCCI SECRETARY/DIRECTOR
    1.00     		0 0 0
    501 SILVERSIDE ROAD SUITE 123
    WILMINGTON,DE19809
    EDWARD GARDNER TREASURER/DIRECTOR
    1.00     		0 0 0
    501 SILVERSIDE ROAD SUITE 123
    WILMINGTON,DE19809
    JEFF HAUSER EXECUTIVE DIRECTOR
    1.00     		31,400 2,483 0
    501 SILVERSIDE ROAD SUITE 123
    WILMINGTON,DE19809
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    PNC BANK INVESTMENT MANAGEMENT 308,741
    1600 MARKET STREET
    PHILADELPHIA,PA19103
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 NONE 0
    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.........................bullet0
    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
    4,293,429
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    40,940
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    40,940
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    4,252,489
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    4,252,489
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    4,252,489
    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 4,252,489
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 3,701,847
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2013:
    a From 2008.......  
    b From 2009.......  
    c From 2010.......  
    d From 2011.......  
    e From 2012.......  
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 3,906,084
    a Applied to 2012, but not more than line 2a 3,701,847
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2013 distributable amount..... 204,237
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2013. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 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 ..........     		4,048,252
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		0
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2009....  
    b Excess from 2010....  
    c Excess from 2011....  
    d Excess from 2012....  
    e Excess from 2013....  
    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).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (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
    AMBLER THEATER INC
    91 E COURT ST
    DOYLESTOWN,PA18901     		N/A PC: 509(A)(2) GENERAL & UNRESTRICTED 10,000
    ANCILLAE-ASSUMPTA ACADEMY
    2025 CHURCH RD
    WYNCOTE,PA19095     		N/A PC: 509(A)(1) GENERAL & UNRESTRICTED 25,000
    ARTIST TRUST
    1835 12TH AVE
    SEATTLE,WA98122     		N/A PC: 509(A)(1) FRYE ART MUSEUM/ARTIST TRUST CONSORTIUM COLLABORATIVE 550,000
    BENT ARTS
    1625 19TH AVE
    SEATTLE,WA98122     		N/A PC: 509(A)(1) GENERAL & UNRESTRICTED 20,000
    BETHESDA PROJECT
    1630 S ST
    PHILADELPHIA,PA19146     		N/A PC: 509(A)(1) TO UPGRADE THE AIR CONDITIONING IN BETHESDA BAINBRIDGE AND BETHESDA BROAD STREET 500,000
    BIG LIFE FOUNDATION USA
    5847 NE 75TH STE A-104
    SEATTLE,WA98115     		N/A PC: 509(A)(1) GENERAL & UNRESTRICTED 5,000
    BLACKPAST ORG
    4545 SAND PT WAY NE APT 601
    SEATTLE,WA98105     		N/A PC: 509(A)(1) GENERAL OPERATING FUND 5,000
    BLUE SKY CHARITIES
    1620 N 183RD ST
    SHORELINE,WA98133     		N/A PC: 509(A)(1) GENERAL OPERATING FUND 5,000
    CHARLES & EMMA FRYE FREE PUBLIC ART MUSEUM INC TESTAMENTARY TRUST
    704 TERRY AVE
    SEATTLE,WA98104     		N/A EOF: 4940(D)(2) FRYE ART MUSEUM/ARTIST TRUST CONSORTIUM COLLABORATIVE 550,000
    CHRIST CHURCH
    20 N AMERICAN ST
    PHILADELPHIA,PA19106     		N/A PC: 509(A)(1) GENERAL & UNRESTRICTED 5,000
    CORPORATE COUNCIL FOR THE ARTS
    PO BOX 19780
    SEATTLE,WA98109     		N/A PC: 509(A)(1) INAUGURAL MATCHING FUNDS FOR POWER2GIVE PUGET SOUND 200,000
    COUNTRY DOCTOR COMMUNITY CLINIC
    2101 E YESLER WAY STE 210
    SEATTLE,WA98122     		N/A PC: 509(A)(1) GENERAL & UNRESTRICTED 5,000
    CYSTIC FIBROSIS FOUNDATION
    2004 SPROUL RD STE 208
    BROOMALL,PA19008     		N/A PC: 509(A)(1) BREATH OF LIFE GALA 25,000
    DREXEL UNIVERSITY
    3141 CHESTNUT ST STE 310
    PHILADELPHIA,PA19130     		N/A PC: 509(A)(1) THE NEW 11TH STREET CENTER BUILDING PROJECT (THE JAMES WIDENER RAY CREATIVE ARTS THERAPIES SUITE) 300,000
    DRUMMING FOR YOUR LIFE INSTITUTE
    8141 2ND ST STE 340
    DOWNEY,CA90241     		N/A PC: 509(A)(1) GENERAL & UNRESTRICTED 5,000
    EXPERIENCE LEARNING COMMUNITY
    120 6TH AVE N NO 100
    SEATTLE,WA98109     		N/A PC: 509(A)(2) NO WASTED NOTES DIVISION 50,000
    FIRESTONE PARK UNITED METHODIST CHURCH
    250 N FIRESTONE BLVD
    AKRON,OH44301     		N/A PC: 509(A)(1) GENERAL OPERATING FUND 5,000
    GAY AND LESBIAN ALUMNI AE OF THE UNIVERSITY OF NOTRE DAME
    PO BOX 487
    NOTRE DAME,IN46556     		N/A PC: 509(A)(1) IN SUPPORT OF GALA-ND/SMC 20,000
    GERMANTOWN FRIENDS SCHOOL
    31 W COULTER ST
    PHILADELPHIA,PA19144     		N/A PC: 509(A)(1) GENERAL & UNRESTRICTED 10,000
    HARMONY HILL OF UNION
    7362 E SR 106
    UNION,WA98592     		N/A PC: 509(A)(1) BUILDING CAPACITY FOR SUSTAINABLE FUTURE PROJECT 20,000
    HIMALAYAN CATARACT PROJECT INC
    PO BOX 55
    WATERBURY,VT05676     		N/A PC: 509(A)(1) GENERAL OPERATING FUND 5,000
    JEWISH ASSOCIATION FOR SERVICES FOR THE AGED
    247 W 37TH ST FL 9
    NEW YORK,NY10018     		N/A PC: 509(A)(1) GUARDIANSHIP PROGRAM 5,000
    KWIAHT CENTER FOR THE HISTORICAL ECOLOGY OF THE SALISH SEA
    PO BOX 415
    LOPEZ ISLAND,WA98261     		N/A PC: 509(A)(1) GENERAL OPERATING FUND 5,000
    LIFETIME ADVOCACY PLUS
    444 NE RAVENNA BLVD STE 303
    SEATTLE,WA98115     		N/A PC: 509(A)(1) GENERAL OPERATING FUND 5,000
    MARY'S PLACE SEATTLE
    1830 9TH AVE
    SEATTLE,WA98101     		N/A PC: 509(A)(1) GENERAL & UNRESTRICTED 5,000
    MILLAY CLUB-SOUTHEAST CATHOLIC BISHOP NEUMAN ALUMNI ASSOC
    1736 S 10TH ST STE 112
    PHILADELPHIA,PA19148     		N/A PC: 509(A)(2) GENERAL & UNRESTRICTED 3,500
    MOISTURE FESTIVAL
    PO BOX 17484
    SEATTLE,WA98127     		N/A PC: 509(A)(2) GENERAL & UNRESTRICTED 5,000
    MOUNTAINFILM LTD
    PO BOX 1088
    TELLURIDE,CO81435     		N/A PC: 509(A)(1) MAKING MOVIES THAT MATTER PROJECT 5,000
    NALANDABODHI
    3902 WOODLAND PARK AVE N
    SEATTLE,WA98103     		N/A PC: 509(A)(1) LEGON PROJECT 20,000
    NORDIC HERITAGE MUSEUM FOUNDATION
    3014 NW 67TH ST
    SEATTLE,WA98117     		N/A PC: 509(A)(1) GENERAL OPERATING FUND 5,000
    OLDDOG HAVEN
    621 STATE RTE 9 NE PMB A-4
    LAKE STEVENS,WA98258     		N/A PC: 509(A)(1) GENERAL OPERATING FUND 5,000
    OPAL HOUSE
    18818 NE 140TH PL
    WOODINVILLE,WA98072     		N/A PC: 509(A)(1) GENERAL & UNRESTRICTED 2,000
    PATHWAYS PA INC
    310 AMOSLAND RD
    HOLMES,PA19043     		N/A PC: 509(A)(1) GENERAL & UNRESTRICTED 10,000
    PENNSYLVANIA SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS
    350 E ERIE AVE
    PHILADELPHIA,PA19134     		N/A PC: 509(A)(1) GENERAL & UNRESTRICTED 2,500
    PHFFFT COMPANY INC
    5609 34TH AVE SW
    SEATTLE,WA98126     		N/A PC: 509(A)(1) GENERAL OPERATING FUND 10,000
    PHILADELPHIA ORCHESTRA ASSOCIATION
    260 S BROAD ST STE 1600
    PHILADELPHIA,PA19102     		N/A PC: 509(A)(2) TO BUILD AND ENGAGE AUDIENCES 500,000
    PROJECT HOME
    2101 BRANDYWINE ST STE 100
    PHILADELPHIA,PA19130     		N/A PC: 509(A)(1) TO FUND EMPLOYMENT SERVICES AND ADULT LEARNING AND WORKFORCE DEVELOPMENT INITIATIVES 125,000
    REEF ENVIRONMENTAL EDUCATION FOUNDATION INCORPORATED
    PO BOX 246
    KEY LARGO,FL33037     		N/A PC: 509(A)(1) GENERAL & UNRESTRICTED 2,000
    ROMAN CATHOLIC HIGH SCHOOL FOR BOYS
    301 N BROAD ST
    PHILADELPHIA,PA19107     		N/A PC: 509(A)(1) GENERAL & UNRESTRICTED 1,500
    SAINT GENEVIEVE SCHOOL
    1237 BETHLEHEM PIKE
    FLOURTOWN,PA19031     		N/A PC: 509(A)(1) GENERAL & UNRESTRICTED 10,000
    SAINT PAUL'S CHURCH AT CHESTNUT HILL
    22 E CHESTNUT HILL AVE
    PHILADELPHIA,PA19118     		N/A PC: 509(A)(1) GENERAL & UNRESTRICTED 5,000
    SCHUYLKILL RIVER DEVELOPMENT CORPORATION
    129 S 30TH ST UNIT B
    PHILADELPHIA,PA19104     		N/A PC: 509(A)(1) GENERAL OPERATING FUND 5,000
    SEATTLE MENNONITE CHURCH
    3120 NE 125TH ST
    SEATTLE,WA98125     		N/A PC: 509(A)(1) GOD'S LITTLE ACRE PROGRAM 5,000
    SHALOM ZONE NONPROFIT ASSOCIATION
    1415 NE 43RD ST
    SEATTLE,WA98105     		N/A PC: 509(A)(1) GENERAL & UNRESTRICTED 150,000
    SISTERS OF THE HOLY NAMES OF JESUS AND MARY US - ONTARIO PROVINCE
    17590 GLEASON DR
    LAKE OSWEGO,OR97034     		N/A PC: 509(A)(1) GENERAL & UNRESTRICTED 5,000
    ST BRIDGET CHURCH
    4900 NE 50TH ST
    SEATTLE,WA98105     		N/A PC: 509(A)(1) NAMITEMBO PROJECT 5,000
    TELLURIDE SOCIETY FOR JAZZ
    PO BOX 2132
    TELLURIDE,CO81435     		N/A PC: 509(A)(1) GENERAL & UNRESTRICTED 11,000
    THE EXUMA FOUNDATION
    5885 LANDERBROOK DR STE 300
    MAYFIELD HEIGHTS,OH44124     		N/A PC: 509(A)(1) GENERAL & UNRESTRICTED 7,500
    TOWN HALL ASSOCIATION
    1119 8TH AVE
    SEATTLE,WA98101     		N/A PC: 509(A)(1) GENERAL & UNRESTRICTED 10,000
    TRUSTEES OF THE LAWRENCEVILLE SCHOOL
    PO BOX 6125
    LAWRENCEVILLE,NJ08648     		N/A PC: 509(A)(1) GENERAL & UNRESTRICTED 10,000
    TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA
    100 E NORTHWESTERN AVE
    PHILADELPHIA,PA19118     		N/A PC: 509(A)(1) MORRIS ARBORETUM DIVISION 15,000
    TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA THE PENN FUND
    601 FRANKLIN BLDG 3451 WALNUT ST
    PHILADELPHIA,PA19104     		N/A PC: 509(A)(1) GENERAL & UNRESTRICTED 10,000
    UNION FOR REFORM JUDAISM
    633 3RD AVE FL 7
    NEW YORK,NY10017     		N/A PC: 509(A)(1) GENERAL OPERATING FUND 10,000
    UNITED STATES SQUASH RACQUETS ASSOCIATION INC
    555 8TH AVE RM 1102
    NEW YORK,NY10018     		N/A PC: 509(A)(2) GENERAL & UNRESTRICTED 5,000
    URBAN LEAGUE OF PHILADELPHIA
    121 S BROAD ST FL 9
    PHILADELPHIA,PA19107     		N/A PC: 509(A)(1) GENERAL & UNRESTRICTED 25,000
    VISITING NURSE ASSOCIATION OF SOMERSET HILLS
    200 MOUNT AIRY RD
    BASKING RIDGE,NJ07920     		N/A PC: 509(A)(1) GENERAL OPERATING FUND 5,000
    WEST LUTHERAN HIGH SCHOOL
    3350 HARBOR LN N
    PLYMOUTH,MN55447     		N/A PC: 509(A)(1) FIELD OF DREAMS CAMPAIGN 10,000
    WHIM WHIM
    PO BOX 70285
    SEATTLE,WA98127     		N/A PC: 509(A)(1) GENERAL & UNRESTRICTED 10,000
    WOODMERE ART MUSEUM INC
    9201 GERMANTOWN AVE
    PHILADELPHIA,PA19118     		N/A PC: 509(A)(1) GENERAL & UNRESTRICTED 10,000
    YOUNG WOMEN'S CHRISTIAN ASSOCIATION OF SEATTLE-KING COUNTY-SNOHOMISH CO
    1118 5TH AVE
    SEATTLE,WA98101     		N/A PC: 509(A)(2) GENERAL OPERATING FUND 10,000
    YOUTHCARE
    2500 NE 54TH ST
    SEATTLE,WA98105     		N/A PC: 509(A)(1) $150,000.00 FOR THE STEPS TO STABILITY (CATALYST) PROGRAM; $250,000.00 FOR OPERATION OF THE EMERGENCY SHELTER AT THE JAMES W. RAY ORION CENTER 400,000
    Total .................................bullet 3a 3,770,000
    bApproved for future payment
    Total .................................bullet 3b 0
    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 ............     		    14 2,883  
    4 Dividends and interest from securities....     14 1,662,047  
    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 2,749,032  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 4,413,962 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    134,413,962
    (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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2013 AccountingFeesSchedule
    Name:
    RAYNIER INSTITUTE & FOUNDATION
    EIN: 91-1644205
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 15,400 3,080   12,320

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

    TY 2013 ExpenditureResponsibilityStmt
    Name:
    RAYNIER INSTITUTE & FOUNDATION
    EIN: 91-1644205
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    NORTHWEST MUSEUM OF LEGENDS AND LORE
          		PO BOX 12213
    SEATTLE,WA98102     		2012-05-29 7,500 SUPPORT PARANORMAL SCIENCE MUSEUM AND JAMES W. RAY MEMORIAL LIBRARY. 7,500   05/14/2013    

    TY 2013 GeneralExplanationAttachment
    Name:
    RAYNIER INSTITUTE & FOUNDATION
    EIN: 91-1644205
    Identifier Return Reference Explanation
      FORM 990-PF, PART VII-B, LINE 1A(3) & (4) RAYNIER INSTITUTE AND FOUNDATION PAID JEFF HAUSER, A FOUNDATION MANAGER, REASONABLE COMPENSATION AND BENEFITS FOR GRANT-MAKING AND ADMINISTRATIVE SERVICES PROVIDED TO THE FOUNDATION. THESE SERVICES ARE NECESSARY IN CARRYING OUT THE EXEMPT PURPOSE OF THE FOUNDATION, AND COMPENSATION IS REASONABLE BASED ON COMPARATIVE SALARIES. AS SUCH, THE COMPENSATION IS NOT CONSIDERED AN ACT OF SELF-DEALING UNDER IRC SECTION 4941(D)(2)(E).RAYNIER INSTITUTE AND FOUNDATION REIMBURSED MEETING EXPENSES OF JEFF HAUSER, A FOUNDATION MANAGER, BRADFORD TRENARY, VICE PRESIDENT, ROBERT WARTH, SECRETARY, EDWARD GARDNER, TREASURER, AND MICHAEL VALUCCI, PRESIDENT. THE AMOUNTS REIMBURSED WERE SUBSTANTIATED AND REASONABLE. AS SUCH, THE REIMBURSEMENTS ARE NOT CONSIDERED ACTS OF SELF-DEALING UNDER IRC SECTION 4941(D)(2)(E).

    TY 2013 InvestmentsCorpBondsSchedule
    Name:
    RAYNIER INSTITUTE & FOUNDATION
    EIN: 91-1644205
    Name of Bond End of Year Book Value End of Year Fair Market Value
    65000 SHS ABBEY NATL TREASURY SERV - 4.000% - 04/27/2016 65,106 69,016
    30000 SHS ADVANCE AUTO PARTS INC - 5.750% - 05/01/2020 33,581 32,601
    30000 SHS AMB PPTY L P NOTE 06.62500% 12/01/2019 0 0
    30000 SHS AMB PROPERTY L.P. BOND 4.50% 08/15/2017 0 0
    100000 SHS AMERICA MOVIL SAB DE CV 5.000% - 03/30/2020 109,456 108,306
    60000 SHS AMERIPRISE FINL INC SR NT 7.30000% 06/28/2019 0 0
    40000 SHS AMPHENOL CORP 4.75% 11/15/14 39,925 41,332
    45000 SHS ANADARKO PETROLEUM CORP DTD 3/5/2009 8.7% 3/15/2019 0 0
    50000 SHS AON CORP NOTE 03.50000% 09/30/2015 55,155 57,403
    45000 SHS BANK AMER FDG CORP SRNT-L 5.62500% 07/01/2020 0 0
    100000 SHS BANK OF MONTREAL - 00.00% - 09/11/2015 100,000 100,466
    55000 SHS BOARDWALK PIPELINES LP 03.375% 02/01/2023 54,985 49,453
    35000 SHS CAPITAL ONE FINL CORP - 4.750% - 07/15/2021 0 0
    60000 SHS CITIGROUP INC - 4.875% - 05/07/2015 0 0
    35000 SHS CITIGROUP INC SR NT 6.01000% 01/15/2015 0 0
    75000 SHS COCA COLA CO-0.42355%-03/14/2014 0 0
    70000 SHS CORNING INC - 06.625% - 05/15/2019 0 0
    3000000 SHS CREDIT SUISSE MEDIUM TERM BK 0.00000% 05/24/2013 0 0
    105000 SHS CREDIT SUISSE MTN 05.40000% 01/14/2020 65,645 72,236
    55000 SHS CRH AMERICA INC - 4.125% - 01/15/2016M 55,488 58,034
    55000 SHS DARDEN RESTAURANTS INC - 3.350% - 11/01/2022 55,183 47,317
    70000 SHS DIGITAL RLTY TR LP GTD SR NT - 4.500% - 07/15/2015 0 0
    85000 SHS DIRECTV HLDGS FING 04.600% 02/15/2021 0 0
    20000 SHS DIRECTV HLDGS LLC / DIRECTV - 3.500% - 03/01/2016 0 0
    200000 SHS DISCOVER MSTR TRT 2008-A4 A4 - 5.650% -12/15/2015 0 0
    75000 SHS DISCOVERY COMMUNICATIONS - 04.375% - 06/15/2021 0 0
    45000 SHS EQT CORP NOTES 08.12500% 06/01/2019 66,380 66,724
    150000 SHS EXELON GENERATION COLLC - 4.000% - 10/01/2020 0 0
    30000 SHS FIRST NIAGARA FIN GP - 6.750% - 03/19/2020 0 0
    35000 SHS FREEPORT-MCMORAN COPPER & GOLD - 3.550% 03/01/2022 0 0
    105000 SHS GE CAP CCMT SER 2012-2 CL A - 2.220% - 01/15/2022 104,962 103,848
    190000 SHS GENERAL ELEC CAP CORP MTN BE 5.50000% 01/08/2020FR 0 0
    2000000 SHS GOLDMAN SACHS GROUP INC INDEX LINKED - 00.000% - 01/19/2016 2,000,000 2,710,220
    1000000 SHS GOLDMANSACHS EEM NOTE 20% BUFF 155% CAP 120% PARTI 1,000,000 981,840
    115000 SHS GTE CORP 6.840% 4/15/2018 0 0
    50000 SHS HARTFORD FINL SVC GRP NT - 6.300% - 03/15/2018 0 0
    70000 SHS HASBRO INC NT CR SEN 6.30000% 09/15/2017 76,977 78,903
    55000 SHS HEALTH CARE REIT INCNOTE - 4.950% - 01/15/2021 54,027 58,155
    40000 SHS HESS CORP - 8.125% - 02/15/2019 MAKE WHOLE 0 0
    85000 SHS HSBC HLDGS PLC NOTE - 5.100% - 04/05/2021 0 0
    45000 SHS INTEL CORP 458140AL4 0 0
    44658.45 SHS JOHN DEERE OWN TR SER 2010-A CL A3 01.32% 05/15/14 0 0
    35000 SHS JOHNSON & JOHNSON NT FLT - 0.37617% - 05/15/2014 90,365 90,014
    120000 SHS JP MORGAN CHASE 6.125% 6/27/17 0 0
    65000 SHS KLA INSTRUMENTS CORPNOTES 06.90000% 05/01/2018 73,097 76,059
    55000 SHS KROGER CO SR NT - 3.400% - 04/15/2022 0 0
    491.29 SHS LB UBS COMMERCIAL MTG TRUST SER 2006-C3 CL A2 5.532% 3/17/32 0 0
    250000 SHS MELLON FDG CORP SUB NT 5.500% 11/15/2018 0 0
    70000 SHS MERRILL LYNCH CO INC MTN BE 6.87500% 04/25/2018 SR 0 0
    150000 SHS METLIFE INC NOTES 07.71700% 02/15/2019 0 0
    65000 SHS MIDAMERICAN ENERGY HLDGS NEW 5.75000% 04/01/2018SR 0 0
    174132.98 SHS MORGAN STANLEY CAP 5.359% 2/12/44 0 0
    130000 SHS MORGAN STANLEY SR NT-F - 4.750% - 03/22/2017 0 0
    60000 SHS NEWS AMER INC GTD SR NT - 6.900% - 03/01/2019 0 0
    45000 SHS NEXEN INC - 6.200% - 07/30/2019 52,508 51,876
    50000 SHS ONEOK PARTNERS LP SR NT - 3.250% - 02/01/2016 0 0
    80000 SHS PETROBRAS INTL FIN CO NOTE - 3.875% - 01/27/2016 0 0
    55000 SHS PHILIPS ELECTRONICS NV - 3.750% - 03/15/2022 55,397 55,030
    65000 SHS PPL CAP FDG INC - 3.500% - 12/01/2022 66,381 61,387
    45000 SHS PRINCIPAL FINANCIAL GROUP - 08.8750% - 05/15/2019 0 0
    60000 SHS PROCTER & GAMBLE CO FLT - 0.000% - 02/06/2014 0 0
    10000 SHS PRUDENTIAL FINANCIALINC NOTE MTN - 4.50% - 11/15/2020 0 0
    50000 SHS PRUDENTIAL FINL INC MTN 05.37500% 06/21/2020 0 0
    55000 SHS QUEST DIAGNOSTICS INC - 1.223% - 03/24/2014 55,432 55,069
    55000 SHS RABOBANK NEDERLAND MTN - 3.375% - 01/19/2017 56,779 57,909
    60000 SHS REINSURANCE GROUP AMER INC 6.45000% 11/15/2019 63,227 69,187
    50000 SHS REPUBLIC SERVICES INC -3.800% - 05/15/2018 49,985 52,957
    70000 SHS ROYAL BANK OF CANADA - 01.200% - 09/19/2017 69,993 69,358
    65000 SHS ROYAL BK OF CANADA MTN - 1.150% - 03/13/2015 64,979 65,538
    80000 SHS RYDER SYS MTN BE NT - 3.150% - 03/02/2015 80,728 81,953
    70000 SHS SAFEWAY INC BOND 03.950% 08/15/2020 53,817 54,980
    35000 SHS TARGET CORP NT FLT - 0.000% - 07/18/2014 60,083 60,061
    95000 SHS TELEFONICA EMISIONESSAU - 3.992% - 02/16/2016 24,742 26,217
    35000 SHS TEVA PHARMACEUT FIN BV NOTE - 0.000% - 11/08/2013 0 0
    50000 SHS TIME WARNER COMPANIES INC - 6.875% - 06/15/2018 0 0
    85000 SHS UNITED TECHNOLOGIES CORP-0.000%-12/02/2013 0 0
    105393.08 SHS WACHOVIA BANK 2007 C31 A2 - 5.421% - 04/15/2047 0 0
    168646.65 SHS WACHOVIA BK - 4.748% - 02/15/2041 0 0
    215000 SHS WACHOVIA BNK 2006-C28 A3 - 5.679% - 10/15/2048 208,088 216,228
    80000 SHS WACHOVIA CORP NT - 5.625% - 10/15/2016 0 0
    55000 SHS WEATHERFORD INTL LTD - 5.125% - 09/15/2020 55,304 59,084
    45000 SHS XEROX CORP SR NT 6.40000% 03/15/2016 0 0
    55000 SHS AMERICAN CAMPUS CMNTYS OPER - 3.750% - 04/15/2023 55,034 51,040
    65000 SHS AMERICAN EXPRESS CREDIT BOND 00.00% 07/29/2016 65,000 65,315
    85000 SHS AT&T INC NOTE - 4.450% - 05/15/2021 94,364 89,490
    55000 SHS AUTODESK INC SR NT 1.950% 12/15/2017 54,846 54,407
    30000 SHS BANK AMER CORP FR - 3.30000% - 01/11/2023 29,815 28,388
    115000 SHS BANK AMER FDG CORP SRNT-L 5.62500% 07/01/2020 131,071 131,412
    120000 SHS BANK NEW YORK - 3.550% - 09/23/2021 124,133 122,777
    50000 SHS BNP PARIBAS MTN 01.250% 12/12/2016 49,949 50,037
    60000 SHS BORGWARNER INC SR NT 4.6250% 09/15/2020 64,952 63,425
    65000 SHS CAPITAL ONE FINL CORP - 6.150% - 09/01/2016 74,337 72,408
    100000 SHS CITIBANK CCIT SER A3 2013 00.910-% 07/23/2018 99,980 100,344
    95000 SHS CITIGROUP INC - 4.875% - 05/07/2015 100,550 99,662
    45000 SHS COCA COLA CO 0.34190% 11/01/2016 45,055 45,038
    55000 SHS CONTINENTAL RESOURCES 05.000% 09/15/2022 57,406 57,131
    45000 SHS DEVON ENERGY CORPORATION BOND 00.00% 12/15/2015 45,000 45,034
    70000 SHS DIGITAL RLTY TR LP GTD SR 5.8750% 02/01/2020 81,924 74,470
    90000 SHS DIRECTV HLDGS FING 04.600% 02/15/2021 89,739 92,942
    115000 SHS EXELON GENERATION COLLC - 4.000% - 10/01/2020 106,856 114,955
    35000 SHS FIFTH THIRD BANCORP BOND 04.30% 01/16/2024 34,572 34,280
    55000 SHS FREEPORT-MCMORAN COPPER & GOLD - 3.550% 03/01/2022 55,084 52,272
    80000 SHS GENERAL ELEC CAP CORP MTN BE 5.50000% 01/08/2020FR 86,082 91,613
    55000 SHS GOLDCORP INC NEW NT 2.125% 03/15/2018 54,863 53,906
    90000 SHS HEWLETT PACKARD CO NOTE - 4.375% 09/15/2021 91,291 91,641
    30000 SHS HONDA AUTO SER 2013-3 CL A3 00.770% 05/15/2017 29,995 30,101
    40000 SHS HSBC HLDGS PLC NOTE - 5.100% - 04/05/2021 43,574 44,458
    2000000 SHS HSBC USA INC NEW SR IDX ZRO LKD 0.000% 08/21/2018 2,000,000 2,400,000
    120000 SHS HYUNDAI AUTO TR SER 2013-B CL A-3 0.7100% 09/15/2017 119,977 120,115
    45000 SHS INTL PAPER CO NOTE 07.5% 08/15/2021 55,669 55,165
    20000 SHS JOHN DEERE CAPITAL CORP BOND 0.3744% 06/15/2015 20,019 20,006
    70000 SHS JP MORGAN CHASE 6.125% 6/27/17 76,946 79,507
    20000 SHS JPMORGAN CHASE & CO - 03.375% - 05/01/2023 19,892 18,640
    25000 SHS JPMORGAN CHASE & CO NT - 4.625% - 05/10/2021 28,155 26,950
    40000 SHS LIFE TECHNOLOGIES CORP 05.00% 01/15/2021 44,800 43,308
    15000 SHS LIFE TECHNOLOGIES CORP NOTE 06.00% 03/01/2020 17,133 17,235
    55000 SHS MORGAN STANLEY FR 4.8750% 11/01/2022 56,569 56,301
    55000 SHS MORGAN STANLEY SR NT-F - 4.750% - 03/22/2017 54,877 60,023
    60000 SHS NEWMONT MINING CORP NT - 3.500% - 03/15/2022 52,583 51,071
    55000 SHS NISSAN AUTO LEASE 2013-A CL A-3 0.610% 04/15/2016 2013-A A 55,000 54,987
    20000 SHS NORTHEAST UTILITIES NOTE 01.450% 05/01/2018 19,987 19,371
    30000 SHS PACCAR FINL CORP SR MTNS BK EN 0.00% 12/06/2018 30,000 30,043
    45000 SHS PEPSICO INC - 2.750% - 03/05/2022 43,180 42,755
    55000 SHS PETROBRAS GLOBAL FINANCE B.V. NOTE 3.00% 01/15/2019 51,960 51,471
    35000 SHS PETROLEOS MEXICANOS GTD NT 6.000% 03/05/2020 39,069 38,885
    25000 SHS PROLOGIS INC 06.8750% 03/15/2020 30,684 29,445
    45000 SHS PROLOGIS LP BOND 04.250% 08/15/2023 44,890 44,454
    55000 SHS REALTY INCOME CORP NOTE 05.750% 01/15/2021 64,289 60,823
    35000 SHS US BANCORP 2.95% 07/15/2022 32,929 32,520
    80000 SHS VERIZON COMMUNICATIONS - 4.600% - 04/01/2021 91,242 84,505
    70000 SHS VIACOM INC BOND - 3.25% - 03/15/2023 64,840 64,835
    90000 SHS VOLKSWAGEN AUTO SER 2013-A CL A3 0.840% 07/20/2016 89,988 90,116
    51522.61 SHS WACHOVIA BANK 2007 C31 A2 - 5.421% - 04/15/2047 38,565 51,582
    40000 SHS WELLS FARGO - 5.625% - 12/11/2017 46,377 45,848
    20000 SHS WELLS FARGO CO MTN BE 3.450% 02/13/2023 19,988 18,909
    85000 SHS WILLIAMS PARTNERS L P 5.250% 03/15/2020 97,089 92,945
    50000 SHS XEROX CORP SR NT - 6.400% - 03/15/2016 55,584 55,265

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    RAYNIER INSTITUTE & FOUNDATION
    EIN: 91-1644205
    Name of Stock End of Year Book Value End of Year Fair Market Value
    2065 SHS 3M CO 0 0
    6180 SHS ABB LTD. 138,701 164,141
    490 SHS ACCENTURE PLC 0 0
    340 SHS AGRIUM INC 0 0
    414 SHS ALLERGAN INC. 0 0
    1600 SHS ALTERA CORPORATION 0 0
    1782 SHS AMERICAN EXPRESS CO 0 0
    550 SHS ANHEUSER BUSCH COS INC 0 0
    3200 SHS AON PLC 0 0
    1300 SHS APACHE CORPORATION 104,747 111,722
    220 SHS APPLE INC. 0 0
    113722.91 SHS ARTISAN SMALL CAP VALUE 0 0
    1824 SHS ASML HOLDING NV NY REG SHS 0 0
    2800 SHS ASSOCIATED BANC-CORP 0 0
    2107 SHS AT&T CORP COM NEW 0 0
    600 SHS BADGER METER, INC 0 0
    810 SHS BAIDU.COM - ADR 0 0
    400 SHS BAXTER INTERNATIONAL INC. 24,356 27,820
    1200 SHS BEMIS INC. 0 0
    1600 SHS BERKLEY W R CP 0 0
    2600 SHS BERKSHIRE HATHAWAY INC. CLASS B 0 0
    1750 SHS BHP BILLITON SP ADR 0 0
    54171.181 SHS BLACKROCK GLOBAL ALLOC I 1,000,000 1,160,888
    301507.538 SHS BLACKROCK STRAT INC OPP - INS 3,000,000 3,063,317
    680 SHS BOEING CO 0 0
    1000 SHS C H ROBINSON WORLDWIDE INC. 0 0
    530 SHS CAPITAL ONE FINANCIAL CORP 0 0
    180 SHS CF INDUSTRIES HOLDINGS, INC 0 0
    1240 SHS CHEVRON CORP 0 0
    1429 SHS CHINA LIFE INS CO SP ADR 0 0
    646 SHS CHUBB CORP 0 0
    2630 SHS CISCO SYSTEMS INC 0 0
    1243 SHS CITIGROUP INC 0 0
    5460 SHS COCA-COLA CO 0 0
    2900 SHS COMCAST CORP 0 0
    1640 SHS COMCAST CORP CL A 0 0
    360 SHS COOPER COMPANIES INC 0 0
    1500 SHS CORNING INC 0 0
    906 SHS COVIDIEN LTD 0 0
    2000 SHS CRAY INC 0 0
    5280 SHS CREDIT SUISSE GROUP ADR 0 0
    1000 SHS DELUXE CORPORATION 0 0
    1109 SHS DIAGEO PLC ADS 90,248 146,854
    128386.842 SHS DIAMOND HILL LONG SHORT FUND CLASS I 2,000,000 2,891,272
    830 SHS DISCOVER FINL SVCS COM 0 0
    87504.946 SHS DODGE & COX FUNDS INTERNATIONAL STOCK FUND 3,711,454 3,766,213
    1800 SHS DONALDSON CO. INC. 0 0
    167144.222 SHS DRIEHAUS ACTIVE INCOME FUND MUTUAL FUND 0 0
    670 SHS EASTMAN CHEMICAL CO. 0 0
    196270.854 SHS EATON VANCE GLOBAL MACRO FD CL I 2,000,000 1,848,871
    1150 SHS EBAY INC. 0 0
    1900 SHS ECOLAB INC 0 0
    2038 SHS EMC CORP-MASS 0 0
    1400 SHS EMERSON ELECTRIC CO. 0 0
    560 SHS ENSCO PLC 0 0
    500 SHS EQUITY RESIDENTIAL PPTYS TR 0 0
    1239 SHS EXXON MOBIL CORP 0 0
    490 SHS F M C CP 0 0
    500 SHS FASTENAL COMPANY 0 0
    1800 SHS FIDELITY NATIONAL INFORMATION SERVICES INC 0 0
    2680 SHS FIFTH THIRD BANCORP 0 0
    3400 SHS FRESENIUS MED CAR AG 0 0
    800 SHS FULLER H B CO 0 0
    1800 SHS GANNETT CO INC 0 0
    106270 SHS GENERAL ELECTRIC CO 0 0
    800 SHS GENERAL MILLS INC 32,112 39,928
    550 SHS GOLDMAN SACHS GROUP 0 0
    244 SHS GOOGLE INC CL A 0 0
    840 SHS HERSHEY FOODS CORP COMMON 0 0
    1110 SHS HOME DEPOT INC. 0 0
    1000 SHS HONEYWELL INTERNATIONAL INC. 61,967 91,370
    1110 SHS HSBC HLDGS PLC ADS 0 0
    3140 SHS ICICI BK LTD ADS 0 0
    3061 SHS INTEL CORP 0 0
    236 SHS INTERNATIONAL BUSINESS MACHINES 0 0
    10000 SHS ISHARES BARCLAYS TIPS BOND FUND 0 0
    20000 SHS ISHARES S&P NORTH AMERCIA NATURAL RESOURCE 542,672 867,800
    60000 SHS ISHARES TRUST RUSSELL 1000 GROWTH INDEX FD 3,613,354 5,157,000
    2092 SHS JOHNSON & JOHNSON 0 0
    1733 SHS JP MORGAN CHASE & CO 0 0
    2700 SHS LIBERTY GLOBAL, INC. - SERIES C COMMON STOCK 0 0
    930 SHS LIMITED BRANDS INC 0 0
    2700 SHS LOEWS CORP 0 0
    360 SHS M&T BANK CORP 0 0
    1250 SHS MACY'S INC 0 0
    21399.613 SHS MAIRS & POWER GROWTH FUND, INC. 0 0
    490 SHS MCCORMICK & CO 0 0
    350 SHS MCDONALD'S CORP 0 0
    1500 SHS MEDTRONIC INC 0 0
    621 SHS MERCK & CO INC. 0 0
    6769 SHS MICROSOFT CORPORATION 0 0
    1660 SHS MINDRAY MEDICAL INTL 44,015 60,358
    356 SHS MITSUI & COMPANY, LTD. - ADR 0 0
    3800 SHS MONDELEZ INTERNATIONAL INC 0 0
    960 SHS MOODYS CORP 0 0
    7000 SHS MORGAN STANLEY 0 0
    1360 SHS MYLAN INC. 0 0
    510 SHS NATL OILWELL VARCO 0 0
    2750 SHS NESTLE S.A. 0 0
    5500 SHS NEWS CORP CL A 0 0
    1800 SHS NOBLE ENERGY INC. 0 0
    500 SHS NVE CORPORATION 0 0
    620 SHS OGE ENERGY CORP 0 0
    5558 SHS ORACLE CORP 0 0
    510 SHS PALL CP 0 0
    600 SHS PATTERSON COMPANIES INC COM 0 0
    500 SHS PENTAIR INC. COM 0 0
    1500 SHS PEPSICO INC 0 0
    2575 SHS PFIZER INC. 0 0
    570 SHS PHILIP MORRIS INTL 0 0
    390 SHS POLARIS INDUSTRIES 0 0
    50000 SHS POWERSHARES FTSE RAFI US 1K 0 0
    1000 SHS PRAXAIR INC. 0 0
    1800 SHS PRINCIPAL FINANCIAL GROUP 0 0
    877 SHS PROCTER GAMBLE CO 0 0
    360 SHS PVH CORP 0 0
    6670 SHS QIAGEN NV 0 0
    950 SHS QUALCOMM INC 0 0
    5810 SHS REPSOL YPF S A SPND ADR 169,399 146,935
    1330 SHS RESMED INC 0 0
    2440 SHS ROCHE HOLDING LTD ADR 0 0
    440 SHS ROSS STORES, INC. 0 0
    3140 SHS SABMILLER PLC S/ADR 0 0
    1720 SHS SAP AKTIENGESELL ADS 0 0
    1000 SHS SCHLUMBERGER LTD 0 0
    6460 SHS SGS SA UNSP ADR 0 0
    280 SHS SHIRE PHARMACEUTICALS, INC 0 0
    40000 SHS SPDR S&P 500 ETF TRUST 1,270,850 3,232,075
    29300 SHS SPDR S&P MIDCAP 400 EFT TRUST 3,263,953 7,155,060
    1500 SHS ST. JUDE MED INC. 0 0
    1670 SHS SUNCOR ENERGY INC 0 0
    500 SHS TARGET CORPORATION 0 0
    500 SHS TECHNE CORPORATION 0 0
    2490 SHS TENCENT HOLDINGS LIMITED 63,685 160,406
    1200 SHS THERMO FISHER SCIENTIFIC INC 0 0
    420 SHS UNION PACIFIC 0 0
    800 SHS UNITED PARCEL SERVICE 0 0
    505 SHS UNITED TECHNOLOGIES CORP 0 0
    2678 SHS UNITEDHEALTH GROUP INC. 0 0
    1800 SHS US BANCORP DEL NEW 0 0
    30413.625 SHS VAN ECK GLOBAL HARD ASSETS FUND I 0 0
    26000 SHS VANGUARD EMERGING MARKETS STOCK INDEX VIPERS 0 0
    2210 SHS VEOLIA ENVIRONN ADS 0 0
    1900 SHS WAL-MART STORES INC. 0 0
    1240 SHS WALT DISNEY HOLDINGS CO. 0 0
    3147 SHS WELLS FARGO & CO. 0 0
    1500 SHS WESTERN UNION CO 0 0
    550 SHS WHOLE FOODS MARKET, INC. 0 0
    1524 SHS WISCONSIN ENERGY CP 0 0
    62000 SHS WISDOMTREE LC DVDND 2,979,987 4,125,480
    1525 SHS 3M CO 139,138 213,880
    1200 SHS ABBOTT LABS 42,558 45,995
    4250 SHS ADECCO S.A. UNSP/ADR 127,822 169,278
    3100 SHS ALTERA CORPORATION 102,242 100,781
    1200 SHS AMERICAN EXPRESS CO 69,457 108,876
    800 SHS ANADARKO PETROLEUM CORP 63,325 63,456
    4500 SHS AON PLC 232,313 377,505
    157454.688 SHS ARTISAN SMALL CAP VALUE 2,000,000 2,968,021
    1494 SHS ASML HOLDING NV NY REG SHS 68,504 139,988
    3800 SHS ASSOCIATED BANC-CORP 51,651 66,120
    1200 SHS BADGER METER, INC 49,055 65,400
    1230 SHS BAYER A G SPONSORED ADR 129,969 174,660
    2000 SHS BEMIS INC. 69,412 81,920
    2900 SHS BERKLEY W R CP 115,900 125,831
    3600 SHS BERKSHIRE HATHAWAY INC. CLASS B 322,830 426,816
    7940 SHS BRIDGESTONE CORP UNSP ADR 146,770 151,654
    1400 SHS C H ROBINSON WORLDWIDE INC. 81,992 81,690
    2000 SHS CHARLES SCHWAB CORP NEW 41,900 52,000
    750 SHS CHEVRON CORP 83,690 93,683
    6200 SHS COCA-COLA CO 241,647 256,122
    4500 SHS COMCAST CORP 146,041 224,460
    2200 SHS CONSTELLATION BRANDS INC 100,005 154,836
    2500 SHS CRAY INC 34,029 68,650
    4498 SHS CREDIT SUISSE GROUP ADR 125,297 139,618
    13790 SHS DAIWA SECURITIES GROUP 119,412 139,141
    1300 SHS DELUXE CORPORATION 40,527 67,847
    3000 SHS DISH NETWORK CORP 114,245 173,760
    2400 SHS DONALDSON CO. INC. 84,107 104,304
    213742.544 SHS DRIEHAUS ACTIVE INCOME FUND MUTUAL FUND 2,250,000 2,302,007
    2800 SHS ECOLAB INC 196,070 291,956
    1800 SHS EMERSON ELECTRIC CO. 93,154 126,324
    800 SHS EXXON MOBIL CORP 71,650 80,960
    1100 SHS FASTENAL COMPANY 51,038 52,261
    2700 SHS FIDELITY NATIONAL INFORMATION SERVICES INC 98,297 144,936
    800 SHS FISERV INC 40,578 47,240
    1800 SHS FULLER H B CO 67,483 93,672
    103400 SHS GENERAL ELECTRIC CO 2,542,606 2,898,302
    750 SHS GOLDMAN SACHS GROUP 84,600 132,945
    200 SHS GOOGLE INC CL A 116,335 224,142
    4400 SHS GROUPE DANONE ADS 66,643 63,888
    2380 SHS HSBC HOLDINGS PLC 125,264 131,209
    840 SHS ICICI BK LTD ADS 32,609 31,223
    2700 SHS INTEL CORP 57,421 70,092
    1200 SHS JOHNSON & JOHNSON 83,788 109,908
    81366.965 SHS LAZARD GLOBAL LISTEDINFRASTRUCTE INSTL 1,000,000 1,068,348
    4200 SHS LIBERTY GLOBAL, INC. - SERIES C 224,490 354,144
    4500 SHS LOEWS CORP 186,520 217,080
    9300 SHS MAIRS & POWER GROWTH FUND, INC. 682,527 1,033,137
    1500 SHS MDU RESOURCES GROUP 41,595 45,825
    2000 SHS MEDTRONIC INC 87,761 114,780
    8300 SHS MICROSOFT CORPORATION 249,821 310,503
    6000 SHS MONDELEZ INTERNATIONAL INC 162,952 211,800
    7700 SHS MORGAN STANLEY 119,316 241,472
    2600 SHS NESTLE S.A. 158,388 191,334
    1625 SHS NEWS CORP LTD CL A 16,363 29,283
    4600 SHS NOBLE ENERGY INC. 211,316 313,306
    1000 SHS NVE CORPORATION 52,998 58,280
    13200 SHS ORACLE CORP 407,008 505,032
    1780 SHS ORIX CORP ADS 128,502 158,598
    1400 SHS PATTERSON COMPANIES INC COM 50,576 57,680
    800 SHS PENTAIR INC. COM 37,904 62,136
    2200 SHS PEPSICO INC 160,231 182,468
    204248.366 SHS PIMCO COMMODITY REAL RETURN STRATEGY FUND 1,250,000 1,121,324
    70729 SHS POWERSHARES FTSE RAFI US 1K 4,368,459 5,866,263
    1800 SHS PRAXAIR INC. 197,238 234,054
    2300 SHS PRINCIPAL FINANCIAL GROUP 65,821 113,413
    600 SHS PROCTER GAMBLE CO 42,823 48,846
    3100 SHS QIAGEN NV 59,383 73,811
    600 SHS QUALCOMM INC 38,026 44,550
    3040 SHS ROCHE HOLDING LTD ADR 140,738 213,408
    2450 SHS SABMILLER PLC S/ADR 85,427 125,636
    560 SHS SAP AKTIENGESELL ADS 38,550 48,798
    1400 SHS SCHLUMBERGER LTD 101,138 126,154
    1040 SHS SHIRE PLC 104,704 146,942
    500 SHS SNAP ON INC. 44,634 54,760
    6120 SHS SOCIETE GENERLE FRNCE ADR 71,077 71,298
    2300 SHS ST. JUDE MED INC. 94,728 142,485
    1400 SHS TARGET CORPORATION 86,491 88,578
    800 SHS TECHNE CORPORATION 56,789 75,736
    1400 SHS THERMO FISHER SCIENTIFIC INC 78,177 155,890
    1140 SHS TOYOTA MTR CORP 125,453 138,989
    6500 SHS TWENTY-FIRST CENTURY, FOX INC 121,380 228,605
    1100 SHS UNITED PARCEL SERVICE 85,458 115,588
    3300 SHS UNITEDHEALTH GROUP INC. 193,773 248,490
    3400 SHS US BANCORP DEL NEW 112,234 137,360
    900 SHS VALSPAR CORP 58,387 64,161
    111482.72 SHS VIRTUS EMERGING MARKETS OPPTS CL I 1,000,000 1,064,660
    3100 SHS WAL-MART STORES INC. 216,875 243,939
    1400 SHS WALT DISNEY HOLDINGS CO. 74,316 106,960
    1100 SHS WELLS FARGO & CO. 36,263 49,940
    2000 SHS WESTERN UNION CO 35,427 34,500

    TY 2013 InvestmentsGovtObligationsSch
    Name:
    RAYNIER INSTITUTE & FOUNDATION
    EIN: 91-1644205
    US Government Securities - End of Year Book Value:

    12,164,050
    US Government Securities - End of Year Fair Market Value:

    12,007,911
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2013 LegalFeesSchedule
    Name:
    RAYNIER INSTITUTE & FOUNDATION
    EIN: 91-1644205
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 1,112 0   1,112


    TY 2013 OtherDecreasesSchedule
    Name:
    RAYNIER INSTITUTE & FOUNDATION
    EIN: 91-1644205
    Description Amount
    PRIOR PERIOD ADJUSTMENT 475


    TY 2013 OtherExpensesSchedule
    Name:
    RAYNIER INSTITUTE & FOUNDATION
    EIN: 91-1644205
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADMINISTRATIVE FEES 40,000 0   40,000
    FOUNDATION DUES & MEMBERSHIPS 17,005 0   17,005
    POSTAGE 1,384 0   1,384
    INSURANCE 3,387 0   3,387
    WEBSITE COSTS 25,648 0   25,648
    FILING FEES 45 0   45
    BANK CHARGES 927 927   0
    SUPPLIES 836 0   836


    TY 2013 OtherProfessionalFeesSchedule
    Name:
    RAYNIER INSTITUTE & FOUNDATION
    EIN: 91-1644205
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT SERVICES 308,741 308,741   0


    TY 2013 TaxesSchedule
    Name:
    RAYNIER INSTITUTE & FOUNDATION
    EIN: 91-1644205
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAXES 62,000 0   0
    FOREIGN TAXES 5,611 5,611   0