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.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2014
Open to Public Inspection
For calendar year 2014, or tax year beginning 2014, and ending , 20
Name of foundation
KEITH & MARY KAY MCCAW
 

Number and street (or P.O. box number if mail is not delivered to street address)201 TERRY AVENUE NORTH SUITE A   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SEATTLE, WA981095208
A Employer identification number

91-1920617
B Telephone number (see instructions)

(206) 282-1001
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$28,569,851J 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
Sch. B ...............
3 Interest on savings and temporary cash investments 218,987 218,987  
4 Dividends and interest from securities...... 439,318 439,318  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 784,540
b Gross sales price for all assets on line 6a 8,275,004
7 Capital gain net income (from Part IV, line 2)... 780,171
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........ 1,442,845 1,438,476  
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 388     388
b Accounting fees (attach schedule)....... Click to see attachment 3,045     3,045
c Other professional fees (attach schedule).... Click to see attachment 94,253 94,253    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 23,437 8,437    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 23     25
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 121,146 102,690   3,458
25 Contributions, gifts, grants paid........ 1,420,000 1,420,000
26 Total expenses and disbursements. Add lines 24 and 25 1,541,146 102,690   1,423,458
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -98,301
b Net investment income (if negative, enter -0-) 1,335,786
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
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............... 116,488 178,569 178,569
2 Savings and temporary cash investments.......... 942,719 540,116 540,116
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) 6,513,951 6,482,707 6,482,707
b Investments—corporate stock (attach schedule)........ 6,935,303 Click to see attachment7,519,310 7,519,308
c Investments—corporate bonds (attach schedule)........ 5,419,219 Click to see attachment5,058,809 5,058,809
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 9,033,054 Click to see attachment8,790,342 8,790,342
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) 28,960,734 28,569,853 28,569,851
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................... 28,960,734 28,569,853
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 instructions)...... 28,960,734 28,569,853
31 Total liabilities and net assets/fund balances (see instructions).. 28,960,734 28,569,853
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 28,960,734
2 Enter amount from Part I, line 27a..................... 2 -98,301
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 28,862,433
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 292,580
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 28,569,853
Form 990-PF (2014)
Form 990-PF (2014)
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 UNITED STATES TREAS NTS .25 DUE P 2014-01-29 2014-08-19
b UNITED STATES TREAS NTS DTD 07/31/20 P 2014-08-20 2014-10-20
c FNMA PREASSIGN 00377 4.625 10-15-201 P 2007-11-14 2014-10-15
d UNITED STATES TREAS NTS DTD 08/15/20 P 2013-08-14 2014-11-12
e UNITED STATES TREAS NTS NT 2.625 DUE P 2009-08-18 2014-07-31
STARBUCKS CORP COM P 2014-06-13 2014-10-21
EXPRESS SCRIPTS HLDG CO COM P 2013-11-15 2014-10-21
PRECISION CASTPARTS CORP COM P 2014-07-30 2014-10-21
EMC CORP COM P 2010-07-15 2014-07-30
NUCOR CORP COM P 2012-02-06 2014-10-21
ORACLE CORP COM P 2010-10-04 2014-03-12
UNITED TECHNOLOGIES CORP COM P 2005-01-21 2014-07-31
FRKLN RES INC COM P 2010-01-12 2014-10-21
CVS HEALTH CORP COM P 2012-04-27 2014-11-21
NOW INC COM P 2009-05-14 2014-06-13
HOME DEPOT INC COM P 2012-02-06 2014-03-12
V F CORP COM P 2011-06-27 2014-01-16
EXXON MOBIL CORP COM P 2004-11-04 2014-04-01
NOW INC COM P 2009-05-14 2014-06-17
ST JUDE MED INC COM P 2012-09-18 2014-01-14
UNITED STATES TREAS NTS .25 DUE P 2013-11-15 2014-05-23
UNITED STATES TREAS NTS DTD 01/31/20 P 2013-06-19 2014-01-31
FNMA PREASSIGN 00377 4.625 10-15-201 P 2007-01-12 2014-10-15
GNMA POOL 005228 3.5% 11-20-2026 BE P 2012-06-07 2014-12-22
UNITED STATES TREAS NTS DTD 11/30/20 P 2012-12-11 2014-08-19
CISCO SYSTEMS INC P 2014-10-29 2014-11-06
EXPRESS SCRIPTS HLDG CO COM P 2013-11-14 2014-10-21
MONDELEZ INTL INC COM P 2013-10-11 2014-03-12
EMC CORP COM P 2012-12-04 2014-07-30
EXELON CORP COM P 2013-04-24 2014-10-21
EMC CORP COM P 2010-05-03 2014-10-21
UNITED TECHNOLOGIES CORP COM P 2005-08-04 2014-07-31
METLIFE INC COM STK USD0.01 P 2013-10-11 2014-10-21
CITRIX SYS INC COM P 2010-07-22 2014-06-03
PARAGON OFFSHORE COMMON STOCK P 2012-10-12 2014-09-30
AMERICAN WTR WKS CO INC NEW COM P 2012-01-30 2014-10-21
DANAHER CORP COM P 2006-02-03 2014-03-12
EXXON MOBIL CORP COM P 2005-01-18 2014-04-01
UNITED TECHNOLOGIES CORP COM P 2005-08-04 2014-07-30
ST JUDE MED INC COM P 2012-09-19 2014-01-14
DEUTSCHE BK AG 3.7% DUE 05-30-2024 P 2014-05-22 2014-12-01
UNITED STATES TREAS NTS DTD 01/31/20 P 2013-05-10 2014-01-31
FNMA PREASSIGN 00377 4.625 10-15-201 P 2007-09-27 2014-10-15
VERIZON 6.1% DUE 04-15-2018 P 2008-04-03 2014-03-19
GNMA POOL 005228 3.5% 11-20-2026 BE P 2012-06-07 2014-09-22
CISCO SYSTEMS INC P 2013-10-11 2014-03-12
EXPRESS SCRIPTS HLDG CO COM P 2013-11-18 2014-10-21
QUALCOMM INC COM P 2014-10-29 2014-10-30
EMC CORP COM P 2010-05-03 2014-07-30
V F CORP COM P 2011-06-24 2014-01-29
CISCO SYSTEMS INC P 2013-01-16 2014-11-06
CITRIX SYS INC COM P 2010-07-22 2014-06-06
UNITED TECHNOLOGIES CORP COM P 2006-02-03 2014-03-12
INTERNATIONAL BUSINESS MACHS CORP CO P 2008-04-25 2014-03-12
PARAGON OFFSHORE COMMON STOCK P 2012-10-15 2014-09-30
INTERCONTINENTAL EXCHANGE INC COM P 2012-06-07 2014-03-12
ST JUDE MED INC COM P 2012-09-18 2014-01-15
EXXON MOBIL CORP COM P 2005-02-08 2014-04-01
UNITED TECHNOLOGIES CORP COM P 2005-10-31 2014-07-30
ST JUDE MED INC COM P 2012-09-20 2014-01-14
GEN ELEC CAP CORP MEDIUM TERM NTS BO P 2013-07-09 2014-03-11
UTD STATES TREAS .25% DUE 10-31-2015 P 2014-01-29 2014-06-18
FNMA PREASSIGN 00377 4.625 10-15-201 P 2006-09-08 2014-10-15
UTD STATES TREAS CPN .25 DUE P 2012-05-31 2014-05-08
FNMA NT 3 09-16-2014 P 2009-08-18 2014-09-16
ZIMMER HLDGS INC COM P 2014-07-30 2014-10-21
PETSMART INC COM P 2014-01-29 2014-06-17
ZIMMER HLDGS INC COM P 2014-07-30 2014-10-21
GILEAD SCIENCES INC P 2013-05-06 2014-10-21
V F CORP COM P 2011-06-27 2014-01-29
PFIZER INC COM P 2012-12-04 2014-03-12
EXELON CORP COM P 2013-04-24 2014-10-21
GOOGLE INC CL A P 2009-05-27 2014-03-12
SCHLUMBERGER LTD COM COM P 2011-02-28 2014-03-12
PARAGON OFFSHORE COMMON STOCK P 2012-10-16 2014-09-30
AMERICAN EXPRESS CO P 2010-04-26 2014-10-21
DANAHER CORP COM P 2006-02-03 2014-10-21
COCA COLA CO COM P 2011-08-30 2014-10-21
UNITED TECHNOLOGIES CORP COM P 2006-02-03 2014-07-30
UNITED STATES TREAS NTS .25 P 2013-10-18 2014-09-03
UTD STATES TREAS .25% DUE 10-31-2015 P 2013-11-05 2014-06-18
FNMA PREASSIGN 00377 4.625 10-15-201 P 2007-03-15 2014-10-15
UTD STATES TREAS CPN .25 DUE P 2012-06-12 2014-05-08
GNMA POOL 005228 3.5% 11-20-2026 BE P 2012-06-07 2014-07-21
TWENTY-FIRST CENTY FOX INC CL A CL A P 2014-01-15 2014-03-12
CITIGROUP INC COM NEW COM NEW P 2013-10-23 2014-10-21
JPMORGAN CHASE & CO COM P 2014-07-17 2014-10-21
V F CORP COM P 2011-06-24 2014-10-21
STARBUCKS CORP COM P 2012-08-13 2014-03-12
PRECISION CASTPARTS CORP COM P 2011-10-25 2014-03-12
AMERICAN WTR WKS CO INC NEW COM P 2012-01-30 2014-03-12
APPLE INC COM STK P 2006-07-24 2014-06-06
US BANCORP P 2008-04-25 2014-03-12
QUALCOMM INC COM P 2012-01-13 2014-10-21
EXELON CORP COM P 2013-04-24 2014-12-18
INTERCONTINENTAL EXCHANGE INC COM P 2012-06-07 2014-10-21
VERIZON COMMUNICATIONS COM P 2011-09-28 2014-03-12
NATIONAL OILWELL VARCO COM STK P 2007-03-01 2014-10-21
UNITED STATES TREAS NTS .25 P 2013-10-18 2014-09-03
UTD STATES TREAS .25% DUE 10-31-2015 P 2014-03-12 2014-06-18
GNMA POOL 005228 3.5% 11-20-2026 BE P 2012-06-07 2014-03-20
ROYAL BK CDA GLOBAL MEDIUM TERM SR B P 2012-10-25 2014-02-11
MONSANTO CO NEW COM P 2013-06-19 2014-03-12
SCHLUMBERGER LTD COM COM P 2014-09-30 2014-10-21
C R BARD P 2014-01-16 2014-03-12
TWENTY-FIRST CENTY FOX INC CL A CL A P 2014-01-15 2014-10-21
APPLE INC COM STK P 2006-07-24 2014-06-03
WELLS FARGO & CO NEW COM STK P 2006-02-24 2014-10-21
MERCK & CO INC NEW COM P 2013-03-14 2014-10-21
MONDELEZ INTL INC COM P 2013-10-11 2014-10-21
AMGEN INC COM P 2012-03-02 2014-10-21
CITRIX SYS INC COM P 2010-07-22 2014-03-12
QUALCOMM INC COM P 2012-01-17 2014-10-21
AMGEN INC COM P 2012-01-23 2014-03-12
V F CORP COM P 2011-06-24 2014-03-12
APPLE INC COM STK P 2006-07-24 2014-03-12
COSTCO WHOLESALE CORP NEW COM P 2008-01-23 2014-03-12
UNITED STATES TREAS NTS DTD 00419 .2 P 2013-12-31 2014-08-19
UNITED STATES TREAS NTS DTD 11/15/20 P 2013-12-03 2014-08-28
GNMA POOL 005228 3.5% 11-20-2026 BE P 2012-06-07 2014-05-20
UNITED STATES TREAS NTS .25 DUE P 2012-07-20 2014-06-30
DICKS SPORTING GOODS INC OC-COM P 2014-08-27 2014-10-21
METLIFE INC COM STK USD0.01 P 2013-10-11 2014-03-12
STARBUCKS CORP COM P 2014-06-13 2014-10-21
PETSMART INC COM P 2013-11-18 2014-06-12
MONSANTO CO NEW COM P 2013-06-19 2014-10-21
NIKE INC CL B P 2009-12-08 2014-03-12
MC DONALDS CORP COM P 2012-08-01 2014-10-21
GENERAL ELECTRIC CO P 2012-12-12 2014-03-12
AMGEN INC COM P 2012-03-01 2014-10-21
V F CORP COM P 2011-04-27 2014-01-15
QUALCOMM INC COM P 2011-07-15 2014-10-21
EXXON MOBIL CORP COM P 2005-02-08 2014-10-21
NOW INC COM P 2007-03-01 2014-06-12
APPLE INC COM STK P 2009-05-27 2014-03-12
V F CORP COM P 2011-06-24 2014-08-28
UNITED STATES TREAS NTS DTD 00423 .2 P 2013-10-18 2014-08-19
UNITED STATES TREAS NTS NT 2.625 DUE P 2013-11-15 2014-07-31
GNMA POOL 005228 3.5% 11-20-2026 BE P 2012-06-07 2014-08-20
UNITED STATES TREAS NTS .25 DUE P 2012-07-05 2014-06-30
EXPRESS SCRIPTS HLDG CO COM P 2013-11-14 2014-03-12
MONSANTO CO NEW COM P 2014-10-29 2014-12-18
STARBUCKS CORP COM P 2014-06-17 2014-10-21
PETSMART INC COM P 2013-11-19 2014-06-12
NOBLE CORP PLC COMMON STOCK P 2012-10-16 2014-10-21
CVS HEALTH CORP COM P 2012-04-27 2014-03-12
PFIZER INC COM P 2012-12-04 2014-10-21
APPLE INC COM STK P 2006-07-24 2014-06-04
AMGEN INC COM P 2012-01-23 2014-10-21
V F CORP COM P 2011-06-27 2014-01-15
GOOGLE INC CL A P 2009-05-27 2014-10-21
CISCO SYSTEMS INC P 2013-01-16 2014-10-22
WALT DISNEY CO P 2006-06-01 2014-03-12
HOME DEPOT INC COM P 2012-01-23 2014-10-21
NORFOLK SOUTHN CORP COM P 2011-08-10 2014-03-12
PEPSICO INC 2.25% DUE 01-07-2019 P 2013-07-25 2014-03-11
UNITED STATES TREAS NTS DTD 1.5% DUE P 2014-02-11 2014-10-20
UNITED STATES TREAS NTS DTD 00419 .2 P 2012-09-14 2014-08-19
HEWLETT PACKARD CO 3.75% DUE 12-01-2 P 2010-11-30 2014-02-27
CITIGROUP INC COM NEW COM NEW P 2013-10-23 2014-03-12
BAXTER INTL INC COM P 2014-10-03 2014-10-21
STARBUCKS CORP COM P 2014-06-16 2014-10-21
PETSMART INC COM P 2013-11-15 2014-06-12
NORFOLK SOUTHN CORP COM P 2011-08-10 2014-10-21
NOBLE CORP PLC COMMON STOCK P 2012-10-12 2014-10-30
VERIZON COMMUNICATIONS COM P 2011-09-28 2014-10-21
CVS HEALTH CORP COM P 2012-04-27 2014-10-21
PROCTER & GAMBLE COM NPV P 2006-01-18 2014-03-12
US BANCORP P 2010-12-20 2014-07-17
NOW INC COM P 2007-03-01 2014-06-02
CISCO SYSTEMS INC P 2013-03-14 2014-10-22
EMC CORP COM P 2012-12-04 2014-03-12
NOBLE CORP PLC COMMON STOCK P 2012-10-16 2014-10-21
AMERICAN EXPRESS CO P 2011-07-06 2014-03-12
UNITED STATES TREAS NTS DTD 11/15/20 P 2013-12-03 2014-11-12
UNITED STATES TREAS NTS DTD 1.5% DUE P 2014-02-25 2014-10-20
GNMA POOL 005228 3.5% 11-20-2026 BE P 2012-06-07 2014-04-21
FHLB TRANCHE 1.375 05-28-2014 P 2011-10-19 2014-05-28
PETSMART INC COM P 2013-11-14 2014-06-13
CVS HEALTH CORP COM P 2014-10-29 2014-11-21
APACHE CORP COM P 2014-04-01 2014-10-21
COCA COLA CO COM P 2014-10-29 2014-10-30
CHEVRON CORP COM P 2007-01-12 2014-03-12
NOBLE CORP PLC COMMON STOCK P 2012-10-24 2014-10-30
COSTCO WHOLESALE CORP NEW COM P 2008-01-23 2014-10-21
MONSANTO CO NEW COM P 2013-06-19 2014-12-18
V F CORP COM P 2011-06-24 2014-08-27
US BANCORP P 2010-12-17 2014-07-17
INTEL CORP COM P 2012-05-07 2014-10-21
CHEVRON CORP COM P 2007-01-12 2014-10-21
QUALCOMM INC COM P 2011-07-15 2014-10-30
WALT DISNEY CO P 2006-06-01 2014-10-21
COCA COLA CO COM P 2011-08-30 2014-10-30
UNITED STATES TREAS NTS .25 P 2013-10-18 2014-08-28
UNITED STATES TREAS NTS DTD 2.75% DU P 2014-03-12 2014-08-20
GNMA POOL 005228 3.5% 11-20-2026 BE P 2012-06-07 2014-10-20
GNMA POOL 005228 3.5% 11-20-2026 BE P 2012-06-07 2014-06-20
PETSMART INC COM P 2013-11-15 2014-06-13
PETSMART INC COM P 2013-11-14 2014-06-16
C R BARD P 2014-01-16 2014-10-21
EMERSON ELECTRIC CO COM P 2014-10-29 2014-10-30
V F CORP COM P 2011-06-24 2014-08-28
NOBLE CORP PLC COMMON STOCK P 2012-10-16 2014-10-30
INTERNATIONAL BUSINESS MACHS CORP CO P 2008-04-25 2014-10-22
AMERICAN TOWER CORP P 2013-10-11 2014-10-21
EXELON CORP COM P 2013-04-24 2014-12-18
US BANCORP P 2012-03-02 2014-07-17
APPLE INC COM STK P 2006-07-24 2014-10-21
GENERAL ELECTRIC CO P 2012-12-12 2014-10-21
NIKE INC CL B P 2009-12-08 2014-10-21
EATON CORP PLC COM USD0.50 P 2012-12-03 2014-03-12
COCA COLA CO COM P 2011-08-29 2014-10-30
FNMA 1 09-20-2017 P 2013-10-16 2014-02-04
UNITED STATES TREAS NTS .25 DUE P 2012-07-20 2014-05-23
WESTPAC BKG CORP 3% DUE 12-09-2015 P 2010-12-02 2014-02-11
FHLMC 1.5 11-13-2017 P 2012-10-24 2014-11-13
BAXTER INTL INC COM P 2013-12-11 2014-03-12
PETSMART INC COM P 2014-01-29 2014-06-16
C R BARD P 2014-01-14 2014-10-21
PROCTER & GAMBLE COM NPV P 2005-10-07 2014-10-21
NOW INC COM P 2009-05-14 2014-06-16
NOBLE CORP PLC COMMON STOCK P 2012-10-15 2014-10-30
NOBLE CORP PLC COMMON STOCK P 2012-10-16 2014-03-12
EMERSON ELECTRIC CO COM P 2012-12-14 2014-10-21
EXELON CORP COM P 2013-05-02 2014-12-18
US BANCORP P 2008-04-25 2014-07-17
COCA COLA CO COM P 2011-08-30 2014-03-12
HOME DEPOT INC COM P 2012-02-06 2014-01-29
FRKLN RES INC COM P 2010-01-12 2014-03-12
V F CORP COM P 2011-04-27 2014-01-14
EMERSON ELECTRIC CO COM P 2012-12-12 2014-10-30
UNITED STATES TREAS NTS DTD 02/28/20 P 2014-01-29 2014-09-03
UNITED STATES TREAS NTS DTD 10/31/20 P 2012-10-26 2014-08-19
UTD STATES TREAS CPN .25 DUE P 2012-05-31 2014-05-05
FHLB 0.375 DUE 01-29-2014 P 2012-06-29 2014-01-29
JPMORGAN CHASE & CO COM P 2014-07-17 2014-10-21
AMERICAN TOWER CORP P 2013-10-11 2014-03-12
C R BARD P 2014-01-15 2014-10-21
PROCTER & GAMBLE COM NPV P 2006-01-18 2014-10-21
AMERICAN EXPRESS CO P 2010-04-26 2014-10-03
QUALCOMM INC COM P 2012-01-17 2014-03-12
EMERSON ELECTRIC CO COM P 2012-12-14 2014-03-12
EATON CORP PLC COM USD0.50 P 2012-12-03 2014-10-21
APPLE INC COM STK P 2006-07-24 2014-06-05
INTEL CORP COM P 2012-05-07 2014-09-30
MC DONALDS CORP COM P 2012-08-01 2014-03-12
CISCO SYSTEMS INC P 2013-01-26 2014-10-21
EXXON MOBIL CORP COM P 2012-03-02 2014-04-01
ORACLE CORP COM P 2010-10-04 2014-10-21
EMERSON ELECTRIC CO COM P 2012-12-13 2014-10-30
UNITED STATES TREAS NTS DTD 02/28/20 P 2013-12-31 2014-09-03
DEUTSCHE BK AG 3.25% DUE 01-11-2016 P 2012-02-06 2014-01-23
UNITED STATES TREAS NTS DTD 08/15/20 P 2013-08-14 2014-08-28
GNMA POOL 005228 3.5% 11-20-2026 BE P 2012-06-07 2014-11-20
ALTERA CORP COM P 2014-06-06 2014-10-21
PETSMART INC COM P 2013-11-18 2014-03-12
EXELON CORP COM P 2013-04-24 2014-03-12
MONSANTO CO NEW COM P 2013-06-20 2014-12-19
AMERICAN EXPRESS CO P 2011-07-06 2014-10-03
JPMORGAN CHASE & CO COM P 2008-04-04 2014-03-12
NATIONAL OILWELL VARCO COM STK P 2007-03-01 2014-03-12
CHEVRON CORP COM P 2007-01-12 2014-04-01
EXXON MOBIL CORP COM P 2005-02-08 2014-03-12
INTERNATIONAL BUSINESS MACHS CORP CO P 2008-04-25 2014-10-21
INTEL CORP COM P 2012-05-07 2014-03-12
CISCO SYSTEMS INC P 2013-10-11 2014-10-21
EXXON MOBIL CORP COM P 2004-09-22 2014-04-01
GOOGLE INC COM USD0.001 CL'C' P 2009-05-27 2014-10-21
EMERSON ELECTRIC CO COM P 2012-12-14 2014-10-30
UTD STATES TREAS .125% DUE 04-30-201 P 2014-01-29 2014-11-04
NATL SEMICONDUCTOR 3.95% DUE 04-15-2 P 2012-05-02 2014-02-25
GNMA POOL 005228 3.5% 11-20-2026 BE P 2012-06-07 2014-02-20
NIPPON TELEG & TEL CORP 1.4 DUE P 2012-07-11 2014-03-11
GILEAD SCIENCES INC P 2013-05-06 2014-03-12
MERCK & CO INC NEW COM P 2013-03-14 2014-03-12
PRECISION CASTPARTS CORP COM P 2014-07-30 2014-10-21
MONSANTO CO NEW COM P 2013-06-19 2014-12-19
CITRIX SYS INC COM P 2010-07-22 2014-06-05
WELLS FARGO & CO NEW COM STK P 2006-02-24 2014-03-12
CISCO SYSTEMS INC P 2013-01-16 2014-11-07
CITRIX SYS INC COM P 2010-07-22 2014-06-04
NUCOR CORP COM P 2012-02-06 2014-03-12
NOW INC COM P 2007-03-01 2014-06-13
HOME DEPOT INC COM P 2012-01-23 2014-03-12
CISCO SYSTEMS INC P 2013-03-14 2014-10-21
EXXON MOBIL CORP COM P 2004-10-05 2014-04-01
ST JUDE MED INC COM P 2012-09-18 2014-01-15
ST JUDE MED INC COM P 2012-09-21 2014-01-14
(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 200,132   200,078 54
b 101,117   99,981 1,136
c 25,000   24,893 107
d 25,480   24,535 945
e 75,000   75,487 -487
10,462   10,537 -75
11,470   10,201 1,269
11,331   11,406 -75
29,402   20,349 9,053
5,072   4,424 648
4,417   3,132 1,285
21,164   10,013 11,151
7,991   5,560 2,431
24,079   12,111 11,968
1,598   636 962
4,336   2,442 1,894
10,985   4,879 6,106
5,242   2,692 2,550
1,283   520 763
2,252   1,449 803
100,015   100,031 -16
100,000   100,016 -16
50,000   50,000  
1,324   1,324  
200,109   200,005 104
7,143   6,819 324
2,738   2,451 287
4,139   3,684 455
7,661   6,446 1,215
5,743   6,089 -346
9,071   6,457 2,614
1,270   602 668
11,860   11,405 455
17,953   13,726 4,227
2,161   4,771 -2,610
5,095   3,343 1,752
8,325   3,077 5,248
13,103   6,883 6,220
14,725   6,918 7,807
11,130   7,226 3,904
51,090   49,810 1,280
100,000   100,031 -31
50,000   49,436 564
87,755   76,379 11,376
1,348   1,348  
5,597   5,998 -401
962   845 117
12,316   12,238 78
2,514   1,648 866
5,740   2,591 3,149
24,020   20,147 3,873
6,430   4,839 1,591
3,462   1,734 1,728
3,351   2,210 1,141
933   2,101 -1,168
4,377   2,693 1,684
12,485   8,057 4,428
18,555   10,598 7,957
21,341   10,284 11,057
29,745   19,180 10,565
182,628   179,942 2,686
50,006   49,979 27
150,000   150,000  
45,005   44,991 14
200,000   200,562 -562
7,396   7,438 -42
8,564   9,286 -722
5,674   5,707 -33
9,118   4,712 4,406
20,351   9,257 11,094
8,292   6,503 1,789
7,704   8,168 -464
8,430   2,861 5,569
3,902   3,985 -83
1,358   3,152 -1,794
11,121   6,171 4,950
18,230   6,686 11,544
11,237   9,715 1,522
18,674   10,117 8,557
75,055   75,016 39
25,003   24,973 30
150,000   147,816 2,184
175,020   174,905 115
1,394   1,394  
4,609   4,621 -12
18,199   17,767 432
22,133   22,327 -194
7,789   3,062 4,727
7,804   3,218 4,586
4,392   2,923 1,469
1,985   1,504 481
8,442   794 7,648
5,124   4,215 909
11,175   8,411 2,764
37   37  
9,189   5,899 3,290
2,416   1,931 485
7,776   3,360 4,416
75,055   75,016 39
50,006   49,977 29
1,164   1,164  
251,128   249,940 1,188
4,045   3,814 231
11,806   12,407 -601
4,965   4,629 336
10,865   10,586 279
26,680   2,565 24,115
19,193   12,291 6,902
13,800   11,088 2,712
8,662   8,081 581
7,882   3,724 4,158
1,875   1,442 433
1,950   1,490 460
5,154   2,798 2,356
4,522   1,937 2,585
2,140   244 1,896
3,570   2,066 1,504
75,003   75,003  
51,926   49,938 1,988
1,378   1,378  
25,000   25,014 -14
9,280   9,325 -45
5,610   5,193 417
4,824   4,841 -17
19,839   25,678 -5,839
8,981   8,369 612
3,696   1,500 2,196
10,278   10,124 154
5,771   4,915 856
1,146   541 605
7,566   3,322 4,244
3,000   2,195 805
11,822   7,015 4,807
3,239   1,351 1,888
9,629   2,404 7,225
14,100   5,783 8,317
200,046   200,026 20
125,000   125,000  
1,594   1,594  
50,000   49,957 43
7,378   6,226 1,152
7,013   6,616 397
2,968   3,016 -48
5,998   7,758 -1,760
4,180   6,700 -2,520
6,840   4,232 2,608
16,114   14,267 1,847
16,119   1,527 14,592
3,869   1,842 2,027
5,568   2,426 3,142
6,982   2,661 4,321
9,707   8,776 931
5,277   1,967 3,310
14,991   7,075 7,916
3,736   2,633 1,103
125,868   124,861 1,007
176,613   174,789 1,824
125,004   124,991 13
76,963   75,475 1,488
5,077   5,320 -243
12,024   12,724 -700
6,159   6,222 -63
5,363   6,884 -1,521
9,326   5,738 3,588
21,937   33,973 -12,036
5,608   4,270 1,338
17,013   9,229 7,784
2,607   1,934 673
8,261   5,168 3,093
25   10 15
32,598   30,224 2,374
5,683   5,227 456
3,109   4,984 -1,875
7,227   4,099 3,128
51,920   49,938 1,982
126,152   124,947 1,205
1,506   1,506  
100,000   101,583 -1,583
13,016   16,473 -3,457
13,696   12,985 711
6,871   7,603 -732
8,505   8,444 61
5,661   3,392 2,269
3,061   4,955 -1,894
8,727   4,466 4,261
56,226   50,107 6,119
19,419   7,929 11,490
60,089   37,474 22,615
5,730   4,906 824
9,429   5,676 3,753
16,858   12,017 4,841
12,343   4,266 8,077
454   384 70
50,041   50,011 30
154,505   150,284 4,221
1,940   1,940  
858   858  
17,760   22,726 -4,966
5,496   6,955 -1,459
5,227   4,765 462
6,490   6,496 -6
2,106   864 1,242
9,671   15,744 -6,073
64,319   48,490 15,829
10,500   8,176 2,324
15,173   15,184 -11
3,145   2,206 939
28,157   2,399 25,758
12,587   10,791 1,796
9,323   3,287 6,036
4,488   3,083 1,405
45,536   38,326 7,210
199,028   198,348 680
25,004   25,015 -11
312,974   299,682 13,292
125,000   125,504 -504
4,190   4,174 16
12,495   13,645 -1,150
597   539 58
5,994   4,002 1,992
2,051   826 1,225
9,468   14,958 -5,490
2,788   3,463 -675
8,768   7,223 1,545
6,084   6,111 -27
51,661   42,562 9,099
4,833   4,403 430
23,369   13,658 9,711
3,634   2,541 1,093
10,368   4,545 5,823
47,195   38,840 8,355
50,045   50,023 22
200,085   199,813 272
75,009   74,986 23
150,000   150,076 -76
16,803   16,950 -147
4,036   3,716 320
5,825   5,291 534
84   59 25
26,556   14,573 11,983
7,521   5,616 1,905
4,022   3,274 748
8,367   6,591 1,776
10,980   1,038 9,942
28,564   22,940 5,624
5,131   4,659 472
6,453   6,042 411
487   431 56
9,727   6,917 2,810
38,877   31,924 6,953
50,045   50,014 31
73,130   71,549 1,581
101,914   98,141 3,773
1,482   1,482  
9,837   9,917 -80
4,229   4,553 -324
3,005   3,713 -708
13,616   11,766 1,850
8,391   5,098 3,293
8,034   6,380 1,654
3,769   1,722 2,047
33,951   19,728 14,223
7,413   4,398 3,015
6,503   4,910 1,593
2,863   3,233 -370
5,369   5,322 47
4,754   2,384 2,370
6,827   2,653 4,174
1,197   987 210
100,027   99,942 85
129,965   134,869 -4,904
1,637   1,637  
125,191   124,831 360
3,100   2,137 963
6,463   5,056 1,407
8,555   8,612 -57
25,773   22,458 3,315
8,581   6,561 2,020
8,297   5,596 2,701
10,312   8,628 1,684
11,790   9,073 2,717
2,204   2,031 173
1,481   610 871
1,285   712 573
1,507   1,385 122
7,862   3,987 3,875
1,782   1,151 631
22,988   14,905 8,083
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       54
b       1,136
c       107
d       945
e       -487
      -75
      1,269
      -75
      9,053
      648
      1,285
      11,151
      2,431
      11,968
      962
      1,894
      6,106
      2,550
      763
      803
      -16
      -16
       
       
      104
      324
      287
      455
      1,215
      -346
      2,614
      668
      455
      4,227
      -2,610
      1,752
      5,248
      6,220
      7,807
      3,904
      1,280
      -31
      564
      11,376
       
      -401
      117
      78
      866
      3,149
      3,873
      1,591
      1,728
      1,141
      -1,168
      1,684
      4,428
      7,957
      11,057
      10,565
      2,686
      27
       
      14
      -562
      -42
      -722
      -33
      4,406
      11,094
      1,789
      -464
      5,569
      -83
      -1,794
      4,950
      11,544
      1,522
      8,557
      39
      30
      2,184
      115
       
      -12
      432
      -194
      4,727
      4,586
      1,469
      481
      7,648
      909
      2,764
       
      3,290
      485
      4,416
      39
      29
       
      1,188
      231
      -601
      336
      279
      24,115
      6,902
      2,712
      581
      4,158
      433
      460
      2,356
      2,585
      1,896
      1,504
       
      1,988
       
      -14
      -45
      417
      -17
      -5,839
      612
      2,196
      154
      856
      605
      4,244
      805
      4,807
      1,888
      7,225
      8,317
      20
       
       
      43
      1,152
      397
      -48
      -1,760
      -2,520
      2,608
      1,847
      14,592
      2,027
      3,142
      4,321
      931
      3,310
      7,916
      1,103
      1,007
      1,824
      13
      1,488
      -243
      -700
      -63
      -1,521
      3,588
      -12,036
      1,338
      7,784
      673
      3,093
      15
      2,374
      456
      -1,875
      3,128
      1,982
      1,205
       
      -1,583
      -3,457
      711
      -732
      61
      2,269
      -1,894
      4,261
      6,119
      11,490
      22,615
      824
      3,753
      4,841
      8,077
      70
      30
      4,221
       
       
      -4,966
      -1,459
      462
      -6
      1,242
      -6,073
      15,829
      2,324
      -11
      939
      25,758
      1,796
      6,036
      1,405
      7,210
      680
      -11
      13,292
      -504
      16
      -1,150
      58
      1,992
      1,225
      -5,490
      -675
      1,545
      -27
      9,099
      430
      9,711
      1,093
      5,823
      8,355
      22
      272
      23
      -76
      -147
      320
      534
      25
      11,983
      1,905
      748
      1,776
      9,942
      5,624
      472
      411
      56
      2,810
      6,953
      31
      1,581
      3,773
       
      -80
      -324
      -708
      1,850
      3,293
      1,654
      2,047
      14,223
      3,015
      1,593
      -370
      47
      2,370
      4,174
      210
      85
      -4,904
       
      360
      963
      1,407
      -57
      3,315
      2,020
      2,701
      1,684
      2,717
      173
      871
      573
      122
      3,875
      631
      8,083
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 2 780,171
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 3,181
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 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))
2013 1,470,557 28,009,283 0.052502
2012 1,412,184 27,017,781 0.052269
2011 1,071,329 26,975,871 0.039714
2010 1,465,699 26,427,457 0.055461
2009 1,116,457 25,284,012 0.044157
2 Total of line 1, column (d) ...................... 2 0.244103
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 0.048821
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 28,659,878
5 Multiply line 4 by line 3....................... 5 1,399,204
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 13,358
7 Add lines 5 and 6......................... 7 1,412,562
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,423,458
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 (2014)
Form 990-PF (2014)
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 13,358
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 13,358
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 13,358
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 24,732
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 24,732
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 11,374
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet11,374 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 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 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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 ofbulletDEBRA TAWNEY STROH Telephone no.bullet (206) 282-1001
    Located atbullet201 TERRY AVENUE NORTH SUITE ASEATTLEWA ZIP+4bullet98109
    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 2014, 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 FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    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 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 2014?.............
    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 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    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 2014 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 2014.)....................
    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 2014?
    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 4945(d)(4)(A)? (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 (2014)
    Form 990-PF (2014)
    Page 7
    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
    MARY KAY MCCAW PRESIDENT &
    10.00     		0 0 0
    201 TERRY AVENUE NORTH SUITE A
    SEATTLE,WA98109
    DEBRA TAWNEY STROH VICE PRESIDE
    10.00     		0 0 0
    201 TERRY AVENUE NORTH SUITE A
    SEATTLE,WA98109
    JOSEPH D WEINSTEIN SECRETARY
    10.00     		0 0 0
    1201 THIRD AVENUE 2200
    SEATTLE,WA98101
    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
    NORTHERN TRUST BANK INVESTMENT MGRS 94,253
    1414 4TH AVENUE
    SEATTLE,WA98101
    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 (2014)
    Form 990-PF (2014)
    Page 8
    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 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
    28,152,920
    b
    Average of monthly cash balances.......................
    1b
    943,403
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    29,096,323
    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
    29,096,323
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    436,445
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    28,659,878
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,432,994
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,432,994
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    13,358
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    13,358
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,419,636
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,419,636
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,419,636
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,423,458
    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
    1,423,458
    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
    13,358
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,410,100
    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 (2014)
    Form 990-PF (2014)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2013     		(c)
    2013     		(d)
    2014
    1 Distributable amount for 2014 from Part XI, line 7 1,419,636
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010....... 105,910
    c From 2011.......  
    d From 2012....... 89,777
    e From 2013....... 96,023
    fTotal of lines 3a through e......... 291,710
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 1,423,458
    a Applied to 2013, but not more than line 2a  
    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 2014 distributable amount..... 1,419,636
    e Remaining amount distributed out of corpus 3,822
    5 Excess distributions carryover applied to 2014.    
    (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 5 295,532
    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 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		295,532
    10 Analysis of line 9:
    a Excess from 2010.... 105,910
    b Excess from 2011....  
    c Excess from 2012.... 89,777
    d Excess from 2013.... 96,023
    e Excess from 2014.... 3,822
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    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 2014, 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) 2014 (b) 2013 (c) 2012 (d) 2011
             
    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 email address 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 (2014)
    Form 990-PF (2014)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    AMERICAN RED CROSS
    P O BOX 3097
    SEATTLE,WA981143097     		NONE 509(A)(1) DISASTER RELIEF ASSISTANCE 20,000
    ANIMAL SHELTER OF WOOD RIVER VALLEY
    P O BOX 1496
    HAILEY,ID83340     		NONE 509(A)(2) ANIMAL SHELTER & EDUCATION 5,000
    BAILEY-BOUSHAY HOUSE
    2720 MADISON
    SEATTLE,WA98112     		NONE 509(A)(1) HIV PATIENT ASSISTANCE/CARE 5,000
    BEHIND THE BADGE FOUNDATION
    P O BOX 2047
    ISSAQUAH,WA98027     		NONE 509(A)(1) LINE OF DUTY FAMILY SUPPORT FOR LAW 10,000
    BIKE WORKS OF SEATTLE
    3709 S FERDINAND STREET
    SEATTLE,WA98118     		NONE 509(A)(1) BICYCLE EDUCATION 110
    CANINE COMPANIONS FOR INDEPENDENCE
    P O BOX 446
    SANTA ROSA,CA954020446     		NONE 509(A)(1) COMPANION ANIMAL TRAINING 5,000
    CHILD FUND INTERNATIONAL
    P O BOX 26511
    RICHMOND,VA232868818     		NONE 509(A)(2) THIRD-WORLD CHILD ASSISTANCE 5,000
    CHILDHAVEN
    316 BROADWAY
    SEATTLE,WA981225325     		NONE 509(A)(1) SHELTER/CARE FOR CHILDREN 5,000
    CHILDREN OF THE VALLEY
    1318 S 18TH STREET
    MT VERNON,WA98274     		NONE 509(A)(1) TUTORING/MENTORING PROGRAM FOR AT RI 25,000
    CHILDREN'S HOSPITAL FOUNDATION
    PO BOX 50020-S-200
    SEATTLE,WA981455020     		NONE 509(A)(1) BIO-CHEMICAL GENETIC DEPARTMENT 5,000
    CHILDREN'S HOSPITAL FOUNDATION
    P O BOX 50020-S-200
    SEATTLE,WA981455020     		NONE 509(A)(1) MEDICAL CARE FOR CHILDREN ENDOWMENT 10,000
    CHILDREN'S HOSPITAL FOUNDATION
    PO BOX 50020-S-200
    SEATTLE,WA981455020     		NONE 509(A)(1) MEDICAL CARE FOR CHILDREN ENDOWMENT 50,000
    CONSERVATION INTERNATIONAL
    313 E MADISON STREET 20
    SEATTLE,WA981124263     		NONE 509(A)(1) LAND CONSERVATION 200,000
    CORNISH COLLEGE OF THE ARTS
    1000 LENORA STREET
    SEATTLE,WA98121     		NONE 509(A)(1) SCHOLARSHIP FUND 5,000
    CORNISH COLLEGE OF THE ARTS
    1000 LENORA STREET
    SEATTLE,WA98112     		NONE 509(A)(1) SCHOLARSHIP FUND 10,000
    CW2 JOSHUA M TILLERY MEMORIAL FUND
    12029 W STILLWATER DRIVE
    BOISE,ID83713     		NONE 509(A)(1) VETERAN'S ASSISTANCE PROGRAM 5,000
    CYSTIC FIBROSIS FOUNDATION
    6931 ARLINGTON ROAD
    BETHESADA,MD20814     		NONE 509(A)(1) MEDICAL RESEARCH 50,000
    DOCTORS WITHOUT BORDERS
    333 SEVENTH AVENUE 2ND F
    NEW YORK,NY10001     		NONE 509(A)(1) MEDICAL CARE IN 3RD WORLD COUNTRIES 10,000
    EPIPHANY SCHOOL
    3710 EAST HOWELL STREET
    SEATTLE,WA98122     		NONE 509(A)(1) ANNUAL FUND 10,000
    FRED HUTCHINSON CANCER RESEARCH INS
    P O BOX 19024
    SEATTLE,WA981091024     		NONE 509(A)(1) CANCER RESEARCH 10,000
    GRAMEEN FOUNDATION USA
    2101 FOURTH AVENUE SUITE
    SEATTLE,WA98121     		NONE 509(A)(1) FIGHTS GLOBAL POVERTY 50,000
    GUIDE DOG FOUNDATION FOR THE BLIND
    371 E MAINT STREET JERIC
    SMITHTOWN,NY117879897     		NONE 509(A)(1) GUIDE DOGS FOR THE BLIND ASSIST 10,000
    HABITAT FOR HUMANITY
    560 NACHES AVENUE SW 110
    RENTON,WA98057     		NONE 509(A)(1) ASSISTED HOUSING FOR KING COUNTY 100,000
    HAND IN HAND
    14 E CASINO ROAD SUITE E
    EVERETT,WA98208     		NONE 509(A)(1) CHILDREN SHORT-TERM SHELTER PROGRAM 10,000
    HEREDITARY DISEASE FOUNDATION
    3960 BROADWAY 6TH FLOOR
    NEW YORK,NY10032     		NONE 509(A)(1) MEDICAL RESEARCH 5,000
    HOPELINK
    10675 WILLOWS ROAD NE 27
    REDMOND,WA98052     		NONE 509(A)(1) FAMILY ASSISTANCE PROGRAM 5,000
    JUVENILE DIABETES RESEARCH FOUNDATI
    1200 SIXTH AVENUE SUITE
    SEATTLE,WA98101     		NONE 509(A)(1) JUVENILE DIABETES RESEARCH 50,000
    KETCHUMSUN VALLEY VOLUNTEER FIREFI
    P O BOX 966
    KETCHUM,ID83340     		NONE 509(A)(1) PROGRAMS FOR VOLUNTEER FIREFIGHTERS 1,000
    KEXP 903
    113 DEXTER AVE N
    SEATTLE,WA98109     		NONE 509(A)(1) PUBLIC RADIO 100
    KIWANIS MEMORIAL FUND
    P O BOX 31033
    SEATTLE,WA98103     		NONE 509(A)(1) CAMP CASEY FOR PHYSICALLY DISABLED K 1,000
    KPLU PUBLIC RADIO
    12180 PARK AVE S
    TACOMA,WA98447     		NONE 509(A)(1) PUBLIC RADIO 90
    KUOW PUBLIC RADIO
    4518 UNIVERSITY WAY NE
    SEATTLE,WA98105     		NONE 509(A)(1) PUBLIC RADIO 100
    LAKESIDE SCHOOL
    14050 FIRST AVENUE NE
    SEATTLE,WA98103     		NONE 509(A)(1) ANNUAL FUND 5,000
    LIFEWIRE (FORMERLY EASTSIDE DOMESTI
    P O BOX 6398
    BELLEVUE,WA980080398     		NONE 509(A)(1) DOMESTIC VIOLENCE SHELTER 50,000
    LIVING HOPE FOURSQUARE CHURCH
    105 NW BROADWAY AVE
    COUPVILLE,WA98239     		NONE 509(A)(3) CHURCH REMODEL 500
    MO-DAZZ FOR THE ARTS
    12121 NE NORTHUP WAY SUI
    BELLEVUE,WA98005     		NONE 509(A)(1) CANCER RESEARCH 1,000
    NOAH ANIMAL ADOPTION CENTER
    31300 BRANDSTROM ROAD
    STANWOOD,WA98292     		NONE 509(A)(2) ANIMAL SHELTER CARE 10,000
    NORTHWEST HARVEST
    P O BOX 12272
    SEATTLE,WA98101     		NONE 509(A)(1) FOOD BANK 50,000
    OCEAN CONSERVANCY
    1300 19TH STREET NW 8TH
    WASHINGTON,DC20036     		NONE 509(A)(1) OCEAN CONSERVATION 5,000
    PACIFIC NORTHWEST BALLET
    301 MERCER STREET
    SEATTLE,WA98109     		NONE 509(A)(1) PERFORMING ARTS 5,000
    PATH
    P O BOX 900922
    SEATTLE,WA98109     		NONE 509(A)(1) MEDICAL RESEARCH 10,000
    PRATT FINE ARTS CENTER
    1902 S MAIN
    SEATTLE,WA98144     		NONE 509(A)(1) ARTS SCHOOL - ENDOWMENT FUND 5,000
    PURRFECT PALS CAT SHELTER & SANCTUA
    230 MCRAE ROAD NE
    ARLINGTON,WA98223     		NONE 509(A)(1) ANIMAL SHELTER 1,000
    SAMA FOUNDATION
    1900 N NORTHLAKE WAY SUI
    SEATTLE,WA98103     		NONE 509(A)(2) SCIENCE & MGMT OF ADDICTIONS RESEARC 10,000
    SEATTLE AQUARIUM SOCIETY
    1415 WESTERN AVENUE SUIT
    SEATTLE,WA981012051     		NONE 509(A)(1) MARINE LIFE AQUARIUM ED. & PRESERVAT 10,000
    SEATTLE ART MUSEUM
    1300 FIRST AVENUE
    SEATTLE,WA98101     		NONE 509(A)(1) PERFORMANING ARTS 20,000
    SEATTLE CHILDREN'S THEATRE
    201 THOMAS STREET
    SEATTLE,WA981094535     		NONE 509(A)(1) PERFORMANCE ARTS 50,000
    SEATTLE UNION GOSPEL MISSION
    P O BOX 202
    SEATTLE,WA981119945     		NONE 509(A)(1) HOMELESS SHELTER 5,000
    SEATTLE UNIVERSITY
    P O BOX 222000
    SEATTLE,WA981221090     		NONE 509(A)(1) SCHOLARSHIP FUND 5,000
    SEATTLE PARKS FOUNDATION
    105 S MAIN STREET 205
    SEATTLE,WA98104     		NONE 509(A)(1) IMPROVEMENT OF CITY PARKS 100
    SENIOR SERVICES
    2208 SECOND AVENUE
    SEATTLE,WA98121     		NONE 509(A)(1) SENIOR SERVICE ASSISTANCE 5,000
    SMILES FOREVER
    P O BOX 217
    RENTON,WA98057     		NONE 509(A)(1) WOMEN IN PROVERTY ASSISTANCE 5,000
    SNOW LEOPARD'S TRUST
    4649 SUNNYSIDE AVENUE N
    SEATTLE,WA981039986     		NONE 509(A)(1) PROTECTION FOR SNOW LEOPARDS 5,000
    ST JAMES CATHEDRAL
    804 NINTH AVENUE
    SEATTLE,WA981041296     		NONE 509(A)(3) LIGHTING AND ANNUAL FUNDS 30,000
    ST JUDE'S CHILDREN'S HOSPITAL
    PO BOX 810
    MEMPHIS,TN38101     		NONE 509(A)(1) MEDICAL RESEARCH 10,000
    STANFORD UNIVERSITY CO GIFT PROCES
    P O BOX 20466
    STANFORD,CA943090466     		NONE 509(A)(1) UNDERGRADUATE EDUCATION FUND 50,000
    SUN VALLEY SKI EDUCATION FOUNDATION
    POST OFFICE BOX 203
    SUN VALLEY,ID83353     		NONE 509(A)(2) EDUCATION PROGRAM 5,000
    SUSAN G KOMEN BREAST CANCER FNDTN
    P O BOX 650309
    DALLAS,TX752650309     		NONE 509(A)(2) BREAST CANCER RESEARCH 5,000
    SWEDISH MEDICAL CENTER FOUNDATION
    P O BOX 22100
    SEATTLE,WA981229946     		NONE 509(A)(1) NEONATAL FACILITY FUNDRAISER 10,000
    TEAM SURVIVOR NORTHWEST
    200 NE PACIFIC STREET SU
    SEATTLE,WA98105     		NONE 509(A)(1) FITNESS & HEALTH EDUCATION PROGRAMS 5,000
    THE RED BADGE PROJECT CO DUNCAN CO
    1111 THIRD AVENUE STE 34
    SEATTLE,WA98101     		NONE 509(A)(1) FILM DOCUMENTARY 5,000
    THE SALVATION ARMY CO MAIL PROCESS
    POST OFFICE BOX 60004
    PRECOTT,AZ863046004     		NONE 509(A)(1) HOME/FOOD ASSISTANCE 5,000
    THE SAN JUAN PRESERVATION TRUST
    468 ARGYLE AVE B
    FRIDAY HARBOR,WA98250     		NONE 509(A)(1) PRESERVING SAN JUAN ISLANDS 5,000
    THE SMILE TRAIN
    41 MADISON AVE 28TH FLOOR
    NEW YORK,NY10010     		NONE 509(A)(1) MEDICAL CARE FOR CLEFT LIPS 5,000
    THE USO
    P O BOX 96860
    WASHINGTON,DC200777677     		NONE 509(A)(1) MILITARY MORALE SUPPORT 5,000
    TREEHOUSE
    2100 - 24TH AVENUE S 20
    SEATTLE,WA981444632     		NONE 509(A)(1) FOSTER CHILDREN ASSISTANCE 5,000
    UNIVERSITY OF WASHINGTON FOUNDATION
    BOX 359505
    SEATTLE,WA981959505     		NONE 509(A)(3) ARCS ENDOWMENT 100,000
    UNIVERSITY OF WASHINGTON FOUNDATION
    BOX 359505
    SEATTLE,WA981959505     		NONE 509(A)(3) PRESIDENT'S FUND 50,000
    UNIVERSITY OF WASHINGTON FOUNDATION
    BOX 359505
    SEATTLE,WA981959505     		NONE 509(A)(3) ENDOWED PROFESSOR IN INDUSTRIAL DESI 50,000
    UNIVERSITY OF WASHINGTON FOUNDATION
    BOX 359505
    SEATTLE,WA981959505     		NONE 509(A)(3) CERAMICS GRADUATE SCHOLARSHIP 20,000
    US SKI AND SNOWBOARD TEAM FOUNDATIO
    1 VICTORY LANE
    PARK CITY,UT840600100     		NONE 509(A)(3) US SKI & SNOWBOARD TEAM 5,000
    VANDERBILT UNIVERSITY
    2301 VANDERBILT PLACE PB
    NASHVILLE,TN372406310     		NONE 509(A)(1) UNDERGRADUATE EDUCATION FUND 50,000
    WOODLAND PARK ZOO
    601 N 59TH STREET
    SEATTLE,WA98103     		NONE 509(A)(1) ZOO/WILDLIFE PRESERVATION/EDUCATION 50,000
    WORLD WILDLIFE FUND
    1250 24TH STREET NW
    WASHINGTON,DC20037     		NONE 509(A)(1) ENDANGERED SPECIES FUND 5,000
    YWCA
    1118 FIFTH AVENUE
    SEATTLE,WA98101     		NONE 509(A)(2) CHILDREN'S ASSISTANCE 10,000
    Total .................................bullet 3a 1,420,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    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 ............     		    14 218,987  
    4 Dividends and interest from securities....     14 439,318  
    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 .............     		    18 784,540  
    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)..   1,442,845  
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,442,845
    (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 (2014)
    Form 990-PF (2014)
    Page 13
    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) 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 (2014)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    KEITH & MARY KAY MCCAW
    EIN: 91-1920617
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 3,045     3,045

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

    TY 2014 GainLossSaleOtherAssetsSch
    Name:
    KEITH & MARY KAY MCCAW
    EIN: 91-1920617
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    WASH SALE ADJUSTMENTS 2014-01 PURCHASE 2014-12   2,149       2,149  
    WASH SALE ADJUSTMENTS 2011-01 PURCHASE 2014-12   2,220       2,220  

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    KEITH & MARY KAY MCCAW
    EIN: 91-1920617
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ARCHER DANIELS 4.479% 03/01/21 110,504 110,504
    ASTRAZENECA PLC 1.95% 09/18/19 124,744 124,744
    BANK NS HELIFAX 4.375% 01/13/21 139,139 139,139
    BARCLAYS 2.75% 11/08/10 124,237 124,237
    BAXTER INTL INC 2.4% 08/15/22    
    BB&T CORP MED 6.85% 04/30/19 148,289 148,289
    BK MNTRL MED TERM 2.55% 11/06/22 122,607 122,607
    BK NEW YORK INC 3.4% 05/15/24 122,164 122,164
    BNP PARIBAS TRANCHE 3.25% 03/03/23 163,118 163,118
    BP CAP MKTS PLC 2.75% 05/10/23 116,891 116,891
    BP CAP MKTS PLC 3.535% 11/04/24 99,431 99,431
    CAMPBELL SOUP CO. 3.05% DUE 07/15/17 25,849 25,849
    COSTCO WHSL CORP 1.7% 12/15/19    
    CR SUISE 2.3% 05/28/19 49,914 49,914
    DEUTSCHE BK AG 3.25% 01/11/16    
    DEUTSCHE BK AG 3.7% 05/30/24 202,953 202,953
    DISNEY WALT CO 3.75% 06/01/21 135,044 135,044
    GEN DYNAMICS CORP 1% 11/15/17 123,739 123,739
    GENERAL ELECTRIC CAP MED 07/12/16    
    GOLDMAN SACHS 5.75% 01/24/22 144,598 144,598
    HEWLETT PACKARD 3.75% DUE 12/01/20    
    HSBC USA INC. 06/23/24 3.5% 128,981 128,981
    HYDRO-QUEBEC GTD 2% 06/30/16 203,832 203,832
    INTEL CORP 2.7% 12/15/22    
    INTL BUSINESS MACHINES 1.875% 8/1/22 163,127 163,127
    JP MORGAN CHASE 4.35% 08/15/21 86,934 86,934
    LLOYDS BANK 2.35% 09/05/19 124,910 124,910
    MAN PROV CDA 2.1% 09/06/22 122,497 122,497
    METLIFE INC 3.048% 12/15/22 174,681 174,681
    METLIFE INC SR COMPONENT - STEP UP    
    NATL RURAL UTILTIIES 10.375% 11/1/18 162,841 162,841
    NATL SEMICONDUCTOR 3.95% 04/15/15    
    NIPPON TELEG & TEL CORP 1.4% 7/18/17    
    PEPSICO INC 2.25% 01/07/19    
    PHILIP MORRIS INTL 2.5% 08/22/22 122,153 122,153
    PNC BK PITTSBURGH 2.7% 11/01/22 119,707 119,707
    RIO TINTO FIN USA 3.75% 09/20/21 119,320 119,320
    ROYAL BK CDA MED TERM .8% 10/30/15    
    SANOFI SA 1.25% 04/10/18 123,807 123,807
    SHELL INTL FIN 1.125% 08/21/17 119,796 119,796
    ST STR CORP 3.1% 05/15/23 147,887 147,887
    STATOIL ASA 2.45% 01/17/23 190,767 190,767
    SUMITOMO MITSUI BK 1.5% 01/18/18 123,118 123,118
    TORONTO DOMINION BK 1.4% 04/30/18 124,217 124,217
    TOTAL CAP INTL 2.7% 01/25/23 96,828 96,828
    TRANSCANADA PIPELINES .75% 01/15/16 124,651 124,651
    US BANCORP 2.95% 07/15/22 123,222 123,222
    VERIZON COMMUNICATIONS 6.1% DUE 4/15    
    VODAFONE GROUP PLC 1.5% 02/19/18 176,772 176,772
    WALMART STORES 1.125% 04/11/18 98,853 98,853
    WELLS FARGO & CO.. 3.45% 02/13/23 126,687 126,687
    WESTPAC BKG CORP.    

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    KEITH & MARY KAY MCCAW
    EIN: 91-1920617
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ALTERA CORP COM 115,253 115,253
    AMERICAN EXPRESS 173,543 173,543
    AMERICAN EXPRESS 135,653 135,653
    AMERICAN TOWER CORP 116,742 116,742
    AMERICAN WATERWORKS CO 57,351 57,351
    AMGEN INC 154,352 154,352
    APACHE CORP 92,940 92,940
    APPLE INC. 327,608 327,608
    BAXTER INTL INC COM 119,158 119,158
    BAXTER INC 143,355 143,355
    C R BARD 139,461 139,461
    CHEVRON CORP. 100,962 100,962
    CISCO SYSTEMS INC 69,204 69,204
    CITIGROUP INC COM 210,542 210,542
    CITRIX SYSTEMS INC.    
    COCA COLA CO 70,381 70,381
    COSTCO WHOLESALE CORP. 49,098 49,098
    COSTCO 102,060 102,060
    CVS CAREMARK CORP 172,491 172,491
    DANAHER 220,789 220,789
    DICKS SPORTING GOODS 136,587 136,587
    EATON CORP 160,454 160,454
    EMC CORP. 109,176 109,176
    EMERSON ELECTRIC CO    
    EXELON CORP    
    EXPRESS SCRIPTS HLDG CO 187,205 187,205
    EXXON MOBIL 117,319 117,319
    EXXON MOBIL 66,410 66,410
    EXXON MOBILE 29,399 29,399
    FRANKLIN RES INC. 90,253 90,253
    GENERAL ELECTRIC 134,209 134,209
    GILEAD SCIENCES INC 86,813 86,813
    GOOGLE 140,022 140,022
    GOOGLE 78,538 78,538
    HOME DEPOT INC 179,289 179,289
    INTEL CORP 124,257 124,257
    INTEL CORP 70,693 70,693
    INTERCONTINENTAL EXCHANGE INC 108,110 108,110
    INTERNATIONAL BUSINESS MACHINES    
    JPMORGAN CHASE 262,648 262,648
    MCDONALDS CORP 114,408 114,408
    MERCK & CO INC 152,992 152,992
    METLIFE INC 136,848 136,848
    MONDELEZ INTL 126,375 126,375
    MONSANTO CO    
    NATIONAL OILWELL 103,341 103,341
    NIKE 106,150 106,149
    NOBLE CORPORATION    
    NORFOLK SOUTHERN CORP 99,745 99,745
    NUCOR CORP 101,877 101,877
    ORACLE CORP. 122,948 122,948
    PETSMART    
    PFIZER INC 189,704 189,703
    PRECISION CASTPARTS CORP 131,520 131,520
    PROCTER & GAMBLE 111,403 111,403
    QUALCOMM INC 143,903 143,903
    SALESFORCE 93,117 93,117
    SCHLUMBERGER LTD 145,709 145,709
    ST JUDE MED INC    
    STARBUCKS CORP 168,367 168,367
    TERADATA CORP 72,989 72,989
    TWENTY FIRST CENTURY FOX INC 133,227 133,227
    UNITED TECHNOLOGIES CORP    
    US BANCORP    
    VERIZON COMMUNICATIONS 57,633 57,633
    VF CORP 96,321 96,321
    WALT DISNEY CO. 143,169 143,169
    WELLS FARGO 224,049 224,049
    ZIMMER HOLDINGS 91,190 91,190

    TY 2014 InvestmentsOtherSchedule2
    Name:
    KEITH & MARY KAY MCCAW
    EIN: 91-1920617
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MFB NORTHERN MID CAP FMV 1,673,717 1,673,717
    MFB NORTHERN FDS SMALL CAP INDEX FMV 1,643,390 1,643,390
    MFB NORTHERN EMERGING MARKETS FMV 760,838 760,838
    MFB NORTHERN INTL EQUITY FD FMV 1,420,904 1,420,904
    MFB NORTHERN INTL EQUITY INDEX FMV 1,336,580 1,336,580
    MFB NORTHERN HIGH YIELD FMV 1,954,913 1,954,913

    TY 2014 LegalFeesSchedule
    Name:
    KEITH & MARY KAY MCCAW
    EIN: 91-1920617
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 388     388


    TY 2014 OtherDecreasesSchedule
    Name:
    KEITH & MARY KAY MCCAW
    EIN: 91-1920617
    Description Amount
       


    TY 2014 OtherExpensesSchedule
    Name:
    KEITH & MARY KAY MCCAW
    EIN: 91-1920617
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    WASHINGTON FILING FEES 25     25
    ROUNDING -2      


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    KEITH & MARY KAY MCCAW
    EIN: 91-1920617
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 8849 42,855 42,855    
    INVESTMENT MANGEMENT FEES 97418 51,398 51,398    


    TY 2014 TaxesSchedule
    Name:
    KEITH & MARY KAY MCCAW
    EIN: 91-1920617
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 15,000      
    FOREIGN TAXES 8,437 8,437