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 10-01-2013 , and ending 09-30-2014
Name of foundation
RICHARD&LOIS WORTHINGTON FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)15203 GILBRALTER ROAD   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ANACORTES, WA98221
A Employer identification number

91-1909665
B Telephone number (see instructions)

(360) 293-9647
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$6,443,167J 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 5,807 7 5,807
4 Dividends and interest from securities...... 77,234 77,234 77,234
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,747,191
b Gross sales price for all assets on line 6a 13,633,725
7 Capital gain net income (from Part IV, line 2)... 1,747,191
8 Net short-term capital gain......... 33,230
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........ 1,830,232 1,824,432 116,271
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 1,075 1,075    
b Accounting fees (attach schedule)....... Click to see attachment 1,395 1,395    
c Other professional fees (attach schedule).... Click to see attachment 40,060 40,060    
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 7,842   7,842  
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 50,372 42,530 7,842 0
25 Contributions, gifts, grants paid........ 280,398 280,398
26 Total expenses and disbursements. Add lines 24 and 25 330,770 42,530 7,842 280,398
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,499,462
b Net investment income (if negative, enter -0-) 1,781,902
c Adjusted net income (if negative, enter -0-)... 108,429
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.......... 58,663 151,696 151,696
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)      
b Investments—corporate stock (attach schedule)........ 3,743,316 Click to see attachment4,991,264 5,174,093
c Investments—corporate bonds (attach schedule)........ 969,205 Click to see attachment1,127,686 1,117,378
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        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,771,184 6,270,646 6,443,167
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 4,771,184 6,270,646
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).................... 4,771,184 6,270,646
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 4,771,184 6,270,646
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 4,771,184
2 Enter amount from Part I, line 27a..................... 2 1,499,462
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 6,270,646
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 6,270,646
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 T ROWE PRICE GROWTH STOCK FUND INC P 1990-01-01 2014-03-13
b TFS MARKET NEUTRAL FUND P 2013-12-20 2014-03-13
c CREDIT SUISSE COMMODITY RETURN STRAT P 2011-12-16 2014-04-03
d PIONEER NATURAL RESOURCES CO P 2014-03-13 2014-06-23
e AQR MANAGED FUTURES STRATEGY FUND P 2014-02-04 2014-07-21
HOME DEPOT INC/THE P 2014-02-04 2014-07-21
ORACLE CORP P 2014-02-04 2014-07-21
WALT DISNEY CO/THE P 2014-02-04 2014-07-21
AQR MANAGED FUTURES STRATEGY FUND P 2014-03-13 2014-07-21
GOLDMAN SACHS GROUP INC/THE P 2014-03-13 2014-07-21
NUVEEN FUNDS RLTEST SEC I P 2014-03-13 2014-07-21
VALERO ENERGY CORP P 2014-03-13 2014-07-21
COMERICA INC P 2014-04-09 2014-07-21
JPMORGAN CHASE & CO P 2014-04-09 2014-07-21
QUALCOMM INC P 2014-04-09 2014-07-21
PRICELINE GROUP INC/THE P 2014-04-21 2014-07-21
CSX CORP P 2014-04-09 2014-08-21
NUVEEN INVT FDS INC MID CAPGRW OPP I P 2001-11-08 2014-03-13
CREDIT SUISSE COMMODITY RETURN STRAT P 2008-02-21 2014-03-14
NEUBERGER BERMAN GENESIS FUND P 2012-02-24 2014-04-03
PRUDENTIAL FINANCIAL INC P 2014-03-13 2014-06-23
CATERPILLAR INC P 2014-02-04 2014-07-21
INTERNATIONAL BUSINESS MACHINES CORP P 2014-02-04 2014-07-21
PAYDEN EMERGING MARKETS LOCAL BOND F P 2014-02-04 2014-07-21
WW GRAINGER INC P 2014-02-04 2014-07-21
CATERPILLAR INC P 2014-03-13 2014-07-21
GOLDMAN SACHS GROUP INC/THE P 2014-03-13 2014-07-21
NUVEEN INVT FDS INC GLOB INFRAST I P 2014-03-13 2014-07-21
VALERO ENERGY CORP P 2014-03-13 2014-07-21
COSTCO WHOLESALE CORP P 2014-04-09 2014-07-21
JPMORGAN RESEARCH MARKET NEUTRAL FUN P 2014-04-09 2014-07-21
STARBUCKS CORP P 2014-04-09 2014-07-21
PRICELINE GROUP INC/THE P 2014-04-21 2014-07-21
INVESCO LTD P 2014-04-09 2014-08-21
FIDELITY ADVISOR DIVERSIFIED INTERNA P 2004-06-28 2014-03-13
CREDIT SUISSE COMMODITY RETURN STRAT P 2008-02-21 2014-03-14
CONSUMER DISCRETIONARY SELECT SECTOR P 2014-04-09 2014-04-21
MEAD JOHNSON NUTRITION CO P 2014-04-09 2014-06-23
CISCO SYSTEMS INC P 2014-02-04 2014-07-21
INVESCO LTD P 2014-02-04 2014-07-21
PIMCO COMMODITY REALRETURN STRATEGY P 2014-02-04 2014-07-21
AUSTIN TX WTR & WSTWTR SYS REV REF 0 P 2014-02-18 2014-07-21
CISCO SYSTEMS INC P 2014-03-13 2014-07-21
HESS CORP P 2014-03-13 2014-07-21
ORACLE CORP P 2014-03-13 2014-07-21
VERIZON COMMUNICATIONS INC P 2014-03-13 2014-07-21
CSX CORP P 2014-04-09 2014-07-21
MEAD JOHNSON NUTRITION CO P 2014-04-09 2014-07-21
TEMPLETON INSTITUTIONAL FUNDS INC - P 2014-04-09 2014-07-21
PRICELINE GROUP INC/THE P 2014-04-21 2014-07-21
MICROSOFT CORP P 2014-04-09 2014-08-21
NUVEEN INVT FDS INC MID CAPGRW OPP I P 2004-12-14 2014-03-13
NEUBERGER BERMAN GENESIS FUND P 2012-02-24 2014-03-14
ENERGY SELECT SECTOR SPDR FUND P 2014-04-09 2014-04-21
PIONEER NATURAL RESOURCES CO P 2014-04-09 2014-06-23
COMERICA INC P 2014-02-04 2014-07-21
IVY HIGH INCOME FUND P 2014-02-04 2014-07-21
PIONEER NATURAL RESOURCES CO P 2014-02-04 2014-07-21
CLARK & SKAMANIA CNTYS WA SCH REF 06 P 2014-02-18 2014-07-21
CISCO SYSTEMS INC P 2014-03-13 2014-07-21
HOME DEPOT INC/THE P 2014-03-13 2014-07-21
PAYDEN EMERGING MARKETS LOCAL BOND F P 2014-03-13 2014-07-21
VERIZON COMMUNICATIONS INC P 2014-03-13 2014-07-21
EMC CORP/MA P 2014-04-09 2014-07-21
MEDTRONIC INC P 2014-04-09 2014-07-21
UNITEDHEALTH GROUP INC P 2014-04-09 2014-07-21
STATE BANK OF INDIA/NEW YORK NY .6% P 2014-07-14 2014-07-25
PROCTER & GAMBLE CO/THE P 2014-04-09 2014-08-21
NUVEEN INVT FDS INC MID CAPGRW OPP I P 2005-12-15 2014-03-13
NEUBERGER BERMAN GENESIS FUND P 2013-12-17 2014-03-14
BED BATH & BEYOND INC P 2014-02-04 2014-04-22
CONSTELLATION BRANDS INC P 2014-04-21 2014-06-23
COSTCO WHOLESALE CORP P 2014-02-04 2014-07-21
JACOBS ENGINEERING GROUP INC P 2014-02-04 2014-07-21
PNC FINANCIAL SERVICES GROUP INC/THE P 2014-02-04 2014-07-21
NEW BRITAIN CT 27 MAR 2013 3% 15 MAR P 2014-02-20 2014-07-21
COMERICA INC P 2014-03-13 2014-07-21
HOME DEPOT INC/THE P 2014-03-13 2014-07-21
PIMCO COMMODITY REALRETURN STRATEGY P 2014-03-13 2014-07-21
VIRTUS EMERGING MARKETS OPPORTUNITIE P 2014-03-13 2014-07-21
EXPRESS SCRIPTS HOLDING CO P 2014-04-09 2014-07-21
MICROSOFT CORP P 2014-04-09 2014-07-21
VALERO ENERGY CORP P 2014-04-09 2014-07-21
IVY HIGH INCOME FUND P 2014-02-04 2014-08-13
WALT DISNEY CO/THE P 2014-04-09 2014-08-21
FIDELITY ADVISOR DIVERSIFIED INTERNA P 2006-12-08 2014-03-13
NEUBERGER BERMAN GENESIS FUND P 2013-12-17 2014-03-14
CHEVRON CORP P 2014-02-04 2014-04-22
HALLIBURTON CO P 2014-04-21 2014-06-23
CSX CORP P 2014-02-04 2014-07-21
JPMORGAN CHASE & CO P 2014-02-04 2014-07-21
PRAXAIR INC P 2014-02-04 2014-07-21
OYSTER BAY NY PUBLIC IMPT-SER A 06 M P 2014-03-04 2014-07-21
COSTCO WHOLESALE CORP P 2014-03-13 2014-07-21
INTERNATIONAL BUSINESS MACHINES CORP P 2014-03-13 2014-07-21
PIONEER NATURAL RESOURCES CO P 2014-03-13 2014-07-21
WALT DISNEY CO/THE P 2014-03-13 2014-07-21
GATEWAY FUND P 2014-04-09 2014-07-21
MYLAN INC/PA P 2014-04-09 2014-07-21
VANGUARD MID-CAP VALUE INDEX FUND/OP P 2014-04-09 2014-07-21
IVY HIGH INCOME FUND P 2014-03-13 2014-08-13
HIGHLAND LONG/SHORT EQUITY FUND P 2013-01-01 2014-02-07
FIDELITY ADVISOR DIVERSIFIED INTERNA P 2007-12-07 2014-03-13
T ROWE PRICE GROWTH STOCK FUND INC P 1990-01-01 2014-04-02
PHILIP MORRIS INTERNATIONAL INC P 2014-02-04 2014-04-22
VANGUARD SHORT-TERM TAX-EXEMPT FUND P 2014-03-13 2014-07-08
EASTMAN CHEMICAL CO P 2014-02-04 2014-07-21
JPMORGAN RESEARCH MARKET NEUTRAL FUN P 2014-02-04 2014-07-21
PROCTER & GAMBLE CO/THE P 2014-02-04 2014-07-21
ABBVIE INC P 2014-03-13 2014-07-21
COSTCO WHOLESALE CORP P 2014-03-13 2014-07-21
INVESCO LTD P 2014-03-13 2014-07-21
PNC FINANCIAL SERVICES GROUP INC/THE P 2014-03-13 2014-07-21
WW GRAINGER INC P 2014-03-13 2014-07-21
GOLDMAN SACHS GROUP INC/THE P 2014-04-09 2014-07-21
MYLAN INC/PA P 2014-04-09 2014-07-21
VIRTUS EMERGING MARKETS OPPORTUNITIE P 2014-04-09 2014-07-21
IVY HIGH INCOME FUND P 2014-02-04 2014-08-18
NUVEEN CORE BOND FUND CLASS I P 2013-01-01 2014-02-05
NUVEEN INVT FDS INC MID CAPGRW OPP I P 2011-12-16 2014-03-13
NUVEEN INVT FDS INC MID CAPGRW OPP I P 2001-11-08 2014-04-02
SOUTHERN CO/THE P 2014-02-04 2014-04-22
VANGUARD SHORT-TERM TAX-EXEMPT FUND P 2014-03-13 2014-07-15
EATON VANCE FLOATING-RATE FUND P 2014-02-04 2014-07-21
JPMORGAN RESEARCH MARKET NEUTRAL FUN P 2014-02-04 2014-07-21
PRUDENTIAL FINANCIAL INC P 2014-02-04 2014-07-21
ABBVIE INC P 2014-03-13 2014-07-21
CSX CORP P 2014-03-13 2014-07-21
IVY HIGH INCOME FUND P 2014-03-13 2014-07-21
PRAXAIR INC P 2014-03-13 2014-07-21
ABBVIE INC P 2014-04-09 2014-07-21
GOLDMAN SACHS GROUP INC/THE P 2014-04-09 2014-07-21
ORACLE CORP P 2014-04-09 2014-07-21
WALT DISNEY CO/THE P 2014-04-09 2014-07-21
VERIZON COMMUNICATIONS INC P 2014-02-04 2014-08-21
NUVEEN SHORT TERM BOND FUND CL I P 2013-01-01 2014-02-05
ABERDEEN EMERGING MARKETS FUND P 2012-02-24 2014-03-13
FIDELITY ADVISOR DIVERSIFIED INTERNA P 2004-06-28 2014-04-02
BED BATH & BEYOND INC P 2014-03-13 2014-04-22
ABBVIE INC P 2014-02-04 2014-07-21
EATON VANCE FLOATING-RATE FUND P 2014-02-04 2014-07-21
MEAD JOHNSON NUTRITION CO P 2014-02-04 2014-07-21
QUALCOMM INC P 2014-02-04 2014-07-21
AMERICAN TOWER CORP COM P 2014-03-13 2014-07-21
EASTMAN CHEMICAL CO P 2014-03-13 2014-07-21
JACOBS ENGINEERING GROUP INC P 2014-03-13 2014-07-21
PROCTER & GAMBLE CO/THE P 2014-03-13 2014-07-21
APPLE INC P 2014-04-09 2014-07-21
HARDING LOEVNER INTERNATIONAL EQUITY P 2014-04-09 2014-07-21
PEAR TREE POLARIS FOREIGN VALUE FUND P 2014-04-09 2014-07-21
WW GRAINGER INC P 2014-04-09 2014-07-21
ABBVIE INC P 2014-03-13 2014-08-21
NUVEEN DIVIDEND VALUE FUND CLASS I P 2013-01-01 2014-02-05
TFS MARKET NEUTRAL FUND P 2012-02-24 2014-03-13
FIDELITY ADVISOR DIVERSIFIED INTERNA P 2009-12-04 2014-04-02
CHEVRON CORP P 2014-03-13 2014-04-22
AMERICAN TOWER CORP COM P 2014-02-04 2014-07-21
EATON VANCE GLOBAL MACRO ABSOLUTE RE P 2014-02-04 2014-07-21
MEDTRONIC INC P 2014-02-04 2014-07-21
STARBUCKS CORP P 2014-02-04 2014-07-21
APPLE INC P 2014-03-13 2014-07-21
EATON VANCE FLOATING-RATE FUND P 2014-03-13 2014-07-21
JPMORGAN CHASE & CO P 2014-03-13 2014-07-21
PRUDENTIAL FINANCIAL INC P 2014-03-13 2014-07-21
APPLE INC P 2014-04-09 2014-07-21
HENNESSY FOCUS FUND P 2014-04-09 2014-07-21
PIMCO COMMODITY REALRETURN STRATEGY P 2014-04-09 2014-07-21
CONSTELLATION BRANDS INC P 2014-04-21 2014-07-21
AMERICAN TOWER CORP COM P 2014-03-13 2014-08-21
T ROWE PRICE GROWTH STOCK FUND P 2013-01-01 2014-02-05
NUVEEN INVT FDS INC MID CAPGRW OPP I P 2012-12-14 2014-03-13
FIDELITY ADVISOR DIVERSIFIED INTERNA P 2010-12-03 2014-04-02
PHILIP MORRIS INTERNATIONAL INC P 2014-03-13 2014-04-22
APPLE INC P 2014-02-04 2014-07-21
EMC CORP/MA P 2014-02-04 2014-07-21
MICROSOFT CORP P 2014-02-04 2014-07-21
TEMPLETON INSTITUTIONAL FUNDS INC - P 2014-02-04 2014-07-21
APPLE INC P 2014-03-13 2014-07-21
EATON VANCE GLOBAL MACRO ABSOLUTE RE P 2014-03-13 2014-07-21
MEAD JOHNSON NUTRITION CO P 2014-03-13 2014-07-21
QUALCOMM INC P 2014-03-13 2014-07-21
APPLE INC P 2014-04-09 2014-07-21
HESS CORP P 2014-04-09 2014-07-21
PNC FINANCIAL SERVICES GROUP INC/THE P 2014-04-09 2014-07-21
CONSTELLATION BRANDS INC P 2014-04-21 2014-07-21
APPLE INC P 2014-03-13 2014-08-21
FIDELITY ADVISOR DIVERSIFIED INTERNA P 2013-12-09 2014-03-13
ABERDEEN EMERGING MARKETS FUND P 2012-02-24 2014-04-02
SOUTHERN CO/THE P 2014-03-13 2014-04-22
APPLE INC P 2014-02-04 2014-07-21
EXPRESS SCRIPTS HOLDING CO P 2014-02-04 2014-07-21
MYLAN INC/PA P 2014-02-04 2014-07-21
UNITEDHEALTH GROUP INC P 2014-02-04 2014-07-21
APPLE INC P 2014-03-13 2014-07-21
EMC CORP/MA P 2014-03-13 2014-07-21
MEDTRONIC INC P 2014-03-13 2014-07-21
STARBUCKS CORP P 2014-03-13 2014-07-21
APPLIED MATERIALS INC P 2014-04-09 2014-07-21
HOME DEPOT INC/THE P 2014-04-09 2014-07-21
PROCTER & GAMBLE CO/THE P 2014-04-09 2014-07-21
HALLIBURTON CO P 2014-04-21 2014-07-21
APPLE INC P 2014-03-13 2014-08-21
NUVEEN INVT FDS INC MID CAPGRW OPP I P 2013-12-16 2014-03-13
TFS MARKET NEUTRAL FUND P 2012-02-24 2014-04-02
CONSUMER STAPLES SELECT SECTOR SPDR P 2014-04-09 2014-04-22
APPLE INC P 2014-02-04 2014-07-21
GATEWAY FUND P 2014-02-04 2014-07-21
NEXTERA ENERGY INC P 2014-02-04 2014-07-21
VALERO ENERGY CORP P 2014-02-04 2014-07-21
APPLE INC P 2014-03-13 2014-07-21
EXPRESS SCRIPTS HOLDING CO P 2014-03-13 2014-07-21
MICROSOFT CORP P 2014-03-13 2014-07-21
STARBUCKS CORP P 2014-03-13 2014-07-21
AQR MANAGED FUTURES STRATEGY FUND P 2014-04-09 2014-07-21
INTERNATIONAL BUSINESS MACHINES CORP P 2014-04-09 2014-07-21
PRUDENTIAL FINANCIAL INC P 2014-04-09 2014-07-21
HALLIBURTON CO P 2014-04-21 2014-07-21
HOME DEPOT INC/THE P 2014-03-13 2014-08-21
NUVEEN INVT FDS INC MID CAPGRW OPP I P 2013-12-16 2014-03-13
FIDELITY ADVISOR DIVERSIFIED INTERNA P 2012-12-10 2014-04-02
JPMORGAN RESEARCH MARKET NEUTRAL FUN P 2014-02-04 2014-06-23
APPLIED MATERIALS INC P 2014-02-04 2014-07-21
GOLDMAN SACHS GROUP INC/THE P 2014-02-04 2014-07-21
NUVEEN FUNDS RLTEST SEC I P 2014-02-04 2014-07-21
VERIZON COMMUNICATIONS INC P 2014-02-04 2014-07-21
APPLIED MATERIALS INC P 2014-03-13 2014-07-21
EXPRESS SCRIPTS HOLDING CO P 2014-03-13 2014-07-21
MYLAN INC/PA P 2014-03-13 2014-07-21
TEMPLETON INSTITUTIONAL FUNDS INC - P 2014-03-13 2014-07-21
CATERPILLAR INC P 2014-04-09 2014-07-21
INVESCO LTD P 2014-04-09 2014-07-21
PRUDENTIAL FINANCIAL INC P 2014-04-09 2014-07-21
HALLIBURTON CO P 2014-04-21 2014-07-21
STARBUCKS CORP P 2014-03-13 2014-08-21
TFS MARKET NEUTRAL FUND P 2013-12-20 2014-03-13
CREDIT SUISSE COMMODITY RETURN STRAT P 2008-02-21 2014-04-03
JPMORGAN RESEARCH MARKET NEUTRAL FUN P 2014-03-13 2014-06-23
AQR MANAGED FUTURES STRATEGY FUND P 2014-02-04 2014-07-21
HESS CORP P 2014-02-04 2014-07-21
NUVEEN INVT FDS INC GLOB INFRAST I P 2014-02-04 2014-07-21
VIRTUS EMERGING MARKETS OPPORTUNITIE P 2014-02-04 2014-07-21
AQR MANAGED FUTURES STRATEGY FUND P 2014-03-13 2014-07-21
GATEWAY FUND P 2014-03-13 2014-07-21
NEXTERA ENERGY INC P 2014-03-13 2014-07-21
UNITEDHEALTH GROUP INC P 2014-03-13 2014-07-21
CISCO SYSTEMS INC P 2014-04-09 2014-07-21
JACOBS ENGINEERING GROUP INC P 2014-04-09 2014-07-21
PRUDENTIAL FINANCIAL INC P 2014-04-09 2014-07-21
NRG ENERGY INC P 2014-04-21 2014-07-21
VERIZON COMMUNICATIONS INC P 2014-03-13 2014-08-21
(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 833,802   386,869 446,933
b 3,042   3,178 -136
c 218   228 -10
d 464   366 98
e 119,151   119,151  
6,360   6,360  
5,935   5,935  
6,466   6,466  
118,086   118,086  
23,195   23,195  
132,603   132,603  
20,017   20,017  
19,194   19,194  
19,499   19,499  
13,416   13,416  
14,663   14,663  
7,055   6,566 489
73,842   44,724 29,118
742   1,297 -555
99,347   79,756 19,591
16,641   15,559 1,082
6,937   6,937  
5,891   5,891  
202,129   202,129  
6,947   6,947  
23,885   23,885  
501   501  
132,645   132,645  
2,272   2,272  
17,064   17,064  
49,602   49,602  
17,189   17,189  
13,380   13,380  
9,778   8,641 1,137
260,185   219,069 41,116
71,182   124,384 -53,202
15,594   15,796 -202
20,630   18,910 1,720
5,992   5,992  
6,994   6,994  
129,968   129,968  
115,009   115,009  
17,846   17,846  
22,460   22,460  
23,048   23,048  
20,975   20,975  
19,557   19,557  
8,092   8,092  
109,676   109,676  
14,596   14,596  
3,612   3,238 374
28,982   21,704 7,278
85,257   70,244 15,013
18,007   17,364 643
23,407   18,973 4,434
6,981   6,981  
130,606   130,606  
6,889   6,889  
154,556   154,556  
5,934   5,934  
16,332   16,332  
2,044   2,044  
2,904   2,904  
13,784   13,784  
18,542   18,542  
18,157   18,157  
150,000   150,000  
3,997   3,914 83
25,556   20,067 5,489
13,604   13,544 60
6,486   6,512 -26
20,948   19,281 1,667
6,437   6,437  
7,055   7,055  
6,942   6,942  
167,817   167,817  
23,666   23,666  
7,259   7,259  
53,489   53,489  
66,137   66,137  
22,256   22,256  
12,547   12,547  
19,610   19,610  
63,730   63,878 -148
7,682   6,840 842
49,612   57,022 -7,410
11   11  
7,331   6,539 792
21,103   18,926 2,177
7,043   7,043  
6,980   6,980  
4,527   4,527  
106,683   106,683  
17,255   17,255  
23,388   23,388  
21,583   21,583  
23,191   23,191  
75,379   75,379  
1,602   1,602  
233,586   233,586  
2,843   2,883 -40
113,238   108,262 4,976
93,916   108,038 -14,122
798,554   375,631 422,923
9,168   8,472 696
11,205   11,219 -14
4,543   4,543  
49,602   49,602  
8,369   8,369  
20,365   20,365  
5,828   5,828  
23,537   23,537  
23,957   23,957  
23,111   23,111  
15,217   15,217  
20,832   20,832  
124,964   124,964  
66,882   66,728 154
850,356   832,929 17,427
18,883   14,328 4,555
249,346   151,397 97,949
4,045   3,688 357
158,082   158,281 -199
3,421   3,421  
327,499   327,499  
7,007   7,007  
3,232   3,232  
23,438   23,438  
2,883   2,883  
24,024   24,024  
20,108   20,108  
6,816   6,816  
13,330   13,330  
15,692   15,692  
3,080   2,941 139
147,267   148,000 -733
103,445   111,544 -8,099
400,275   329,075 71,200
21,936   23,646 -1,710
6,679   6,679  
89,869   89,869  
8,298   8,298  
5,884   5,884  
23,813   23,813  
23,634   23,634  
23,665   23,665  
24,268   24,268  
2,122   2,122  
129,752   129,752  
129,752   129,752  
20,706   20,706  
4,406   4,104 302
1,429,030   1,173,074 255,956
48,009   48,301 -292
544   406 138
24,851   22,894 1,957
2,930   2,930  
92,990   92,990  
6,479   6,479  
6,567   6,567  
2,123   2,123  
3,414   3,414  
23,907   23,907  
7,949   7,949  
9,471   9,471  
233,586   233,586  
52,899   52,899  
15,474   15,474  
9,515   7,723 1,792
272,376   133,238 139,138
29,029   23,800 5,229
1,748   1,380 368
25,504   24,241 1,263
872   872  
5,894   5,894  
5,916   5,916  
174,147   174,147  
1,137   1,137  
3,310   3,310  
23,515   23,515  
23,376   23,376  
3,258   3,258  
16,839   16,839  
19,460   19,460  
26,801   26,801  
4,324   3,260 1,064
6,999   6,880 119
110,091   108,456 1,635
25,531   24,549 982
4,358   4,358  
6,524   6,524  
6,641   6,641  
6,627   6,627  
11,598   11,598  
23,315   23,315  
23,396   23,396  
17,612   17,612  
12,626   12,626  
16,121   16,121  
27,727   27,727  
14,273   14,273  
8,547   6,444 2,103
5,996   5,522 474
52,047   51,699 348
26,801   26,700 101
872   872  
160,404   160,404  
3,692   3,692  
6,531   6,531  
7,960   7,960  
23,445   23,445  
23,541   23,541  
5,945   5,945  
2,877   2,877  
12,210   12,210  
7,568   7,568  
4,266   4,266  
9,541   8,284 1,257
74,625   68,728 5,897
3,099   2,445 654
30,103   29,719 384
5,954   5,954  
6,937   6,937  
123,784   123,784  
2,941   2,941  
22,491   22,491  
391   391  
22,346   22,346  
67,870   67,870  
17,823   17,823  
21,228   21,228  
7,732   7,732  
14,242   14,242  
6,362   6,094 268
754   787 -33
70,589   124,319 -53,730
66,588   65,866 722
2,935   2,935  
6,645   6,645  
123,052   123,052  
130,902   130,902  
22,099   22,099  
98,855   98,855  
24,654   24,654  
23,528   23,528  
12,246   12,246  
18,990   18,990  
6,992   6,992  
29,663   29,663  
1,907   1,798 109
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       446,933
b       -136
c       -10
d       98
e        
       
       
       
       
       
       
       
       
       
       
       
      489
      29,118
      -555
      19,591
      1,082
       
       
       
       
       
       
       
       
       
       
       
       
      1,137
      41,116
      -53,202
      -202
      1,720
       
       
       
       
       
       
       
       
       
       
       
       
      374
      7,278
      15,013
      643
      4,434
       
       
       
       
       
       
       
       
       
       
       
       
      83
      5,489
      60
      -26
      1,667
       
       
       
       
       
       
       
       
       
       
       
      -148
      842
      -7,410
       
      792
      2,177
       
       
       
       
       
       
       
       
       
       
       
      -40
      4,976
      -14,122
      422,923
      696
      -14
       
       
       
       
       
       
       
       
       
       
       
      154
      17,427
      4,555
      97,949
      357
      -199
       
       
       
       
       
       
       
       
       
       
       
      139
      -733
      -8,099
      71,200
      -1,710
       
       
       
       
       
       
       
       
       
       
       
       
      302
      255,956
      -292
      138
      1,957
       
       
       
       
       
       
       
       
       
       
       
       
      1,792
      139,138
      5,229
      368
      1,263
       
       
       
       
       
       
       
       
       
       
       
       
      1,064
      119
      1,635
      982
       
       
       
       
       
       
       
       
       
       
       
       
      2,103
      474
      348
      101
       
       
       
       
       
       
       
       
       
       
       
       
      1,257
      5,897
      654
      384
       
       
       
       
       
       
       
       
       
       
       
       
      268
      -33
      -53,730
      722
       
       
       
       
       
       
       
       
       
       
       
       
      109
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,747,191
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 33,230
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 266,500 5,709,036 0.046680
2011 243,500 5,332,257 0.045665
2010 247,500 5,001,489 0.049485
2009 254,348 4,979,351 0.051081
2008 303,019 4,983,604 0.060803
2 Total of line 1, column (d) ...................... 2 0.253714
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 0.050743
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 6,495,149
5 Multiply line 4 by line 3....................... 5 329,583
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 17,819
7 Add lines 5 and 6......................... 7 347,402
8 Enter qualifying distributions from Part XII, line 4.............. 8 280,398
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 35,638
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 35,638
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 35,638
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 4,200
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 4,200
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 31,438
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? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletWA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 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 addressbulletN/A
    14
    The books are in care ofbulletLIVENGOOD FITZGERALD ALSKOG Telephone no.bullet (425) 822-9281
    Located atbulletPO BOX 908 121 3RD AVENUEKIRKLANDWA ZIP+4bullet980830908
    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
     
     
    .........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
     
     
    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
    BARBARA MATHESONClick to see attachment PRESIDENT
    5.00     		0 0 0
    15203 GIBRALTER ROAD
    ANACORTES,WA98221
    MOLLY HENDRICKSClick to see attachment 1ST V PRES
    1.00     		0 0 0
    14809 GIBRALTER ROAD
    ANACORTES,WA98221
    RICHARD MATHESONClick to see attachment 2ND V PRES
    1.00     		0 0 0
    2234 HARVARD AVENUE EAST
    SEATTLE,WA98102
    KATHERINE METCALFClick to see attachment SECRETARY
    1.00     		0 0 0
    2214 LAKE PARK DRIVE
    ANACORTES,WA98221
    B MICHAEL MATHESONClick to see attachment TREASURER
    5.00     		0 0 0
    15203 GIBRALTER ROAD
    ANACORTES,WA98221
    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  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............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 N/A  
    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
    324,757
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    35,638
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    35,638
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    289,119
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    289,119
    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
    289,119
    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 7 289,119
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 280,398
    b Total for prior years:20, 20, 20  
    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.........  
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 280,398
    a Applied to 2012, but not more than line 2a 280,398
    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.....  
    e Remaining amount distributed out of corpus  
    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  
    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 .............     		 
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........     		289,119
    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 ......     		 
    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 or e-mail address of the person to whom applications should be addressed:
    BARBARA MATHESON
    15203 GIBRALTER RD
    ANACORTES,WA98221
    (360) 293-9647
    bThe form in which applications should be submitted and information and materials they should include:
    AVAILABLE UPON REQUEST
    cAny submission deadlines:
    VARIOUS
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE RICHARD & LOIS WORTHINGTON FOUNDATION MAKES GRANTS PRIMARILY TO SUPPORT EDUCATIONAL INSTITUTIONS, HIGH SCHOOL STUDENTS, EDUCATION-RELATED ACTIVITIES AND RELIGIOUS ORGANIZATIONS.
    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
    ANACORTES COMMUNITY SHELT
    PO BOX 681
    ANACORTES,WA982210681     		    GENERAL SUPPORT ACTIVITIES 15,000
    ANACORTES MUSEUM
    1305 8TH STREET
    ANACORTES,WA982211833     		    GENERAL SUPPORT ACTIVITIES 1,000
    ANACORTES PARKS FOUNDATION
    PO BOX 547
    ANACORTES,WA98221     		    PURCHASE LAND S. MT ERIE 10,000
    ANACORTES SCHOOL FOUNDATI
    2200 M AVENUE
    ANACORTES,WA982213728     		    SUMMER LEARNING & LUNCH PROGRAM 10,000
    ANACORTES SCHOOL FOUNDATI
    2200 M AVENUE
    ANACORTES,WA982213728     		    GRTST NEED-ANACORTES MIDDLE SCHOOL 10,000
    ANACORTES SCHOOL FOUNDATI
    2200 M AVENUE
    ANACORTES,WA982213728     		    GRTST NEED-MT ERIE ELEMENTARY 7,500
    ANACORTES SCHOOL FOUNDATI
    2200 M AVENUE
    ANACORTES,WA982213728     		    GRTST NEED-ISLAND VW ELEMENTARY 7,500
    ANACORTES SCHOOL FOUNDATI
    2200 M AVENUE
    ANACORTES,WA982213728     		    WHITNEY EARLY CHILDHOOD ED CTR 5,000
    ANACORTES SCHOOL FOUNDATI
    2200 M AVENUE
    ANACORTES,WA982213728     		    CAMP ORKILLA & MOUNTAIN SCHOOL 7,500
    ANACORTES SCHOOL FOUNDATI
    2200 M AVENUE
    ANACORTES,WA982213728     		    GRTST NEED-FIDALGO ELEMENTARY 27,500
    ANACORTES SCHOOL FOUNDATI
    2200 M AVENUE
    ANACORTES,WA982213728     		    GRTST NEED-ANACORTES HIGH SCHOOL 10,000
    BOYS & GIRLS CLUB - SKAGI
    PO BOX 947
    MOUNT VERNON,WA98273     		    AFTER SCHOOL PROGRAMS 65,000
    FIDALGO ISLAND ROTARY FOUNDATION
    PO BOX 125
    ANACORTES,WA982210125     		    ANACORTES STADIUM PROJENT 4,845
    GREATER SEATTLE BUSINESS
    400 E PINE ST STE 322
    SEATTLE,WA981222300     		    SCHOLARSHIP FUND 5,000
    ISLAND HOSPITAL FOUNDATION
    1211 - 24TH STREET
    ANACORTES,WA98221     		    ANACORTES MIDDLE SCHOOL MENTAL HLTH 11,500
    ALEXANDER RODRIGUEZ
    1600 - 20TH STREET
    ANACORTES,WA98221     		    SCHOLARSHIP 2,500
    VICTORIA RAINS
    1600 - 20TH STREET
    ANACORTES,WA98221     		    SCHOLARSHIP 5,000
    COLLEEN ANDERSON
    1600 - 20TH STREET
    ANACORTES,WA98221     		    SCHOLARSHIP 2,500
    MARY ELLEN REYNA
    1600 - 20TH STREET
    ANACORTES,WA98221     		    SCHOLARSHIP 2,500
    KYLAN HOPPER
    1600 - 20TH STREET
    ANACORTES,WA98221     		    SCHOLARSHIP 2,500
    NORTHSHORE PERFORMANCE AR
    POBOX 486
    BOTHELL,WA98041     		    CHALLENGE MATCHING GRANT 10,000
    OSO COOMMUNITY CHAPEL
    22318 SR 530 NE
    OSO,WA982239310     		    MUDSLIDE RELIEF 9,053
    SISTER CITIES OF ANACORTE
    PO BOX 1464
    ANACORTES,WA98221     		    GENERAL SUPPORT ACTIVITIES 5,000
    SKAGIT RIVER POETRY FOUNDATION
    PO BOX 238
    LA CONNER,WA982570238     		    SPONSOR OF A POET 5,000
    SKAGITORIANS TO PRESERVE
    PO BOX 2405
    MOUNT VERNON,WA98273     		    GENERAL SUPPORT ACTIVITIES 5,000
    SUMMIT ASSITANCE DOGS
    7575 CHESTNUT LANE
    ANACORTES,WA98221     		    SERVICE DOG TRAINING 5,000
    THE GENTRY HOUSE
    1208 - 7TH STREET
    ANACORTES,WA98221     		    GENERAL SUPPORT ACTIVITIES 5,000
    THE HUMANE SOCIETY SKAGIT
    18911 KELLEHER ROAD
    BURLINGTON,WA982338501     		    GENERAL SUPPORT ACTIVITIES 5,000
    US CLUB SOCCER ASSOC
    16992 SOCKEYE DRIVE
    MOUNT VERNON,WA982749152     		    GENERAL SUPPORT ACTIVITIES 10,000
    RICHARD C WORHTINGTON JR CITIZENSHP
    PO BOX 173
    BOTHELL,WA980410173     		    SCHOLARSHIPS 9,000
    Total .................................bullet 3a 280,398
    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 ............     		    14 5,807  
    4 Dividends and interest from securities....     14 77,234  
    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 .............     		    15 1,747,191  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   1,830,232  
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,830,232
    (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:
    RICHARD&LOIS WORTHINGTON FOUNDATION
    EIN: 91-1909665
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 1,395 1,395    

    TY 2013 CompensationExplanation
    Name:
    RICHARD&LOIS WORTHINGTON FOUNDATION
    EIN: 91-1909665
    Person Name Explanation
    BARBARA MATHESON  
    MOLLY HENDRICKS  
    RICHARD MATHESON  
    KATHERINE METCALF  
    B MICHAEL MATHESON  

    TY 2013 InvestmentsCorpBondsSchedule
    Name:
    RICHARD&LOIS WORTHINGTON FOUNDATION
    EIN: 91-1909665
    Name of Bond End of Year Book Value End of Year Fair Market Value
    NUVEEN FUNDS CORE BD FD    
    NUVEEN SHORT TERM BOND FUND    
    FIXED INCOME 1,127,686 1,117,378

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    RICHARD&LOIS WORTHINGTON FOUNDATION
    EIN: 91-1909665
    Name of Stock End of Year Book Value End of Year Fair Market Value
    FIDELITY ADV DIVERSIFIES INTL    
    T ROWE PRICE GROWTH STK    
    CREDIT SUISSE COMM RET ST CO    
    NUVEEN DIVIDEND VALUE FUND    
    NUEVEEN MID CAP GROWTH OPP    
    ABERDEEN FDS EMRGN MKT INSTL    
    NEUBERGER BERMAN GENESIS INSTL    
    HIGHLAND LONG SHORT EQUITY FD    
    TFS MARKET NEUTRAL FUND    
    EQUTIES 3,120,034 3,250,191
    ALTERNATIVES 1,871,230 1,923,902

    TY 2013 LegalFeesSchedule
    Name:
    RICHARD&LOIS WORTHINGTON FOUNDATION
    EIN: 91-1909665
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 1,075 1,075    


    TY 2013 OtherProfessionalFeesSchedule
    Name:
    RICHARD&LOIS WORTHINGTON FOUNDATION
    EIN: 91-1909665
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES - US BANK 8,050 8,050    
    INVESTMENT FEES - WASHINGTON TRU 32,010 32,010    


    TY 2013 TaxesSchedule
    Name:
    RICHARD&LOIS WORTHINGTON FOUNDATION
    EIN: 91-1909665
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAXES 7,842   7,842