TY 2014 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Information 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
WASHINGTON CHILDREN'S FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)5101 WISCONSIN AVENUE NW NO 200 Room/suite

City or town, state or province, country, and ZIP or foreign postal code
WASHINGTON, DC20016

A Employer identification number

20-5877229

B Telephone number (see instructions)

(202) 363-0005

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$21,424,473J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach
	schedule)..............	450
2	Check
	Sch. B ...............
3	Interest on savings and temporary cash investments	158		158
4	Dividends and interest from securities......	433,164		433,164
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		798,838
b	Gross sales price for all assets on line 6a 5,534,910
7	Capital gain net income (from Part IV, line 2)...			798,838
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........	1,232,610		1,232,160
13	Compensation of officers, directors, trustees, etc.	79,558		11,934	67,624
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		14,476	14,476	0
c	Other professional fees (attach schedule)....		89,101	65,281	17,820
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		22,628	952	5,395
19	Depreciation (attach schedule) and depletion...		13	0
20	Occupancy..............	16,500		3,300	13,200
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		6,907	1,381	5,526
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	229,183		97,324	109,565
25	Contributions, gifts, grants paid........	1,080,000			1,080,000
26	Total expenses and disbursements. Add lines 24 and 25	1,309,183		97,324	1,189,565
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-76,573
b	Net investment income (if negative, enter -0-)			1,134,836
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............	135,974	193,100	193,100
	2	Savings and temporary cash investments..........	631,985	890,299	890,299
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)	1,089,380	786,630	768,771
	b	Investments—corporate stock (attach schedule)........	8,232,126	7,109,917	14,133,830
	c	Investments—corporate bonds (attach schedule)........	1,198,765	1,911,830	1,923,090
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	3,138,869	3,486,581	3,515,383
	14	Land, buildings, and equipment: basis 20,126
		Less: accumulated depreciation (attach schedule) 20,126	13	0	0
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	14,427,112	14,378,357	21,424,473
	17	Accounts payable and accrued expenses..........	495	495
	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 )	71,687	99,505
	23	Total liabilities (add lines 17 through 22)..........	72,182	100,000
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted...................	14,354,930	14,278,357
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		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)......	14,354,930	14,278,357
	31	Total liabilities and net assets/fund balances (see instructions)..	14,427,112	14,378,357

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	14,354,930
2	Enter amount from Part I, line 27a.....................	2	-76,573
3	Other increases not included in line 2 (itemize)	3	0
4	Add lines 1, 2, and 3..........................	4	14,278,357
5	Decreases not included in line 2 (itemize)	5	0
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	14,278,357

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
1 a	T. ROWE PRICE	P
b	CARDEROCK CAPITAL	P
c	CAPITAL GAINS DIVIDENDS	P
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	3,365,328	2,807,978	557,350
b	2,169,309	1,928,094	241,215
c	273		273
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			557,350
b			241,215
c			273
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	798,838
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 . . . . . . . . . . . . . . . .		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

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	1,019,981	20,821,637	0.048987
2012	948,025	19,364,920	0.048956
2011
2010
2009

2	Total of line 1, column (d) ......................	2	0.097943
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	0.048972
4	Enter the net value of noncharitable-use assets for 2014 from Part X, line 5.....	4	21,453,784
5	Multiply line 4 by line 3.......................	5	1,050,635
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	11,348
7	Add lines 5 and 6.........................	7	1,061,983
8	Enter qualifying distributions from Part XII, line 4..............	8	1,189,565
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)

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	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	11,348
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	11,348
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	11,348
6	Credits/Payments:

a	2014 estimated tax payments and 2013 overpayment credited to 2014	6a
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	0
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8	255
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	11,603
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions

for definition)?.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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.............................

Form 990-PF (2014)

Page 5

Part VII-A

Statements Regarding Activities (continued)

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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) .............

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).................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

HTTP://WWW.WCFDC.ORG/

The books are in care of bullet

THE FOUNDATION Telephone no. bullet

(202) 363-0005

Located at bullet

5101 WISCONSIN AVENUE NW NO 200WASHINGTONDC ZIP+4 bullet

20016

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

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)

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?.................YesNo

(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.).........YesNo

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)? ........

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?.............

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)):

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?...............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?........................YesNo

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.)....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

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))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? (see instructions)..................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

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)? ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?............YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.......................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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
MICHAEL RYAN	EXECUTIVE DIRECTOR 40.00	79,558	0	0
5101 WISCONSIN AVENUE NW STE 200 WASHINGTON,DC20016	EXECUTIVE DIRECTOR 40.00	79,558	0	0
CHARLES WILKES	PRESIDENT 5.00	0	0	0
5101 WISCONSIN AVENUE NW STE 200 WASHINGTON,DC20016	PRESIDENT 5.00	0	0	0
JAMES MERSEREAU	TREASURER 5.00	0	0	0
5101 WISCONSIN AVENUE NW STE 200 WASHINGTON,DC20016	TREASURER 5.00	0	0	0
WALTER PRYOR	SECRETARY 5.00	0	0	0
5101 WISCONSIN AVENUE NW STE 200 WASHINGTON,DC20016	SECRETARY 5.00	0	0	0
KAREN HARDWICK	MEMBER 5.00	0	0	0
5101 WISCONSIN AVENUE NW STE 200 WASHINGTON,DC20016	MEMBER 5.00	0	0	0

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...................				0

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
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	CONTRIBUTED TO CHILDREN'S CHARITIES INGLUDING: SAFE SHORES THE DC CHILDREN'S ADVOCACY CENTER, CHILDREN'S HOSPITAL FOUNDATION, ROSEMOUNT CENTER AND D.C. BOYS CHOIR.	1,080,000
2


3


4

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


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.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

20,604,655

Average of monthly cash balances.......................

1,175,836

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

21,780,491

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

21,780,491

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

326,707

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

21,453,784

Minimum investment return. Enter 5% of line 5..................

1,072,689

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

1,072,689

Tax on investment income for 2014 from Part VI, line 5......

11,348

Income tax for 2014. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

11,348

Distributable amount before adjustments. Subtract line 2c from line 1............

1,061,341

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

1,061,341

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

1,061,341

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

1,189,565

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

1,189,565

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).................

11,348

Adjusted qualifying distributions. Subtract line 5 from line 4..............

1,178,217

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)

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					1,061,341
2 Undistributed income, if any, as of the end of 2014:
a Enter amount for 2013 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2014:
a From 2009.......
b From 2010.......
c From 2011.......
d From 2012.......
e From 2013.......	1,905
fTotal of lines 3a through e.........		1,905
4Qualifying distributions for 2014 from Part
XII, line 4: $ 1,189,565
a Applied to 2013, but not more than line 2a					0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions).........		0
d Applied to 2014 distributable amount.....					1,061,341
e Remaining amount distributed out of corpus		128,224
5 Excess distributions carryover applied to 2014.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		130,129
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2013. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
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) .......		0
8Excess distributions carryover from 2009 not applied on line 5 or line 7 (see instructions) ...		0
9Excess distributions carryover to 2015. Subtract lines 7 and 8 from line 6a ......		130,129
10 Analysis of line 9:
a Excess from 2010....
b Excess from 2011....
c Excess from 2012....
d Excess from 2013....	1,905
e Excess from 2014....	128,224

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
BRIGHT BEGINNINGS 128 M ST NW 150 WASHINGTON,DC20001		PC	TO AID IN THE DEVELOPMENT AND EDUCATION OF CHILDREN IN THE DC AREA.	140,000
CHILDREN'S HOSPITAL 111 MICHIGAN AVE NW WASHINGTON,DC20010		PC	TO AID IN THE DEVELOPMENT AND EDUCATION OF CHILDREN IN THE DC AREA.	450,000
ROSEMOUNT CENTER 2000 ROSEMOUNT AVE NW WASHINGTON,DC20010		PC	TO AID IN THE DEVELOPMENT AND EDUCATION OF CHILDREN IN THE DC AREA.	35,000
SAFE SHORES - THE DC CHILDREN'S ADVOCACY CENTER 429 O STREET NW WASHINGTON,DC20001		PC	TO AID IN THE DEVELOPMENT AND EDUCATION OF CHILDREN IN THE DC AREA.	450,000
DC BOYS CHOIR PO BOX 60546 WASHINGTON,DC20039		PC	TO AID IN THE DEVELOPMENT AND EDUCATION OF CHILDREN IN THE DC AREA.	5,000
Total ................................. 3a				1,080,000

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
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	158
4 Dividends and interest from securities....			14	433,164
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	798,838
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..		0		1,232,160	0

13Total. Add line 12, columns (b), (d), and (e)..................

131,232,160

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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?...........YesNo

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.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name Firm's address			Firm's EIN
				Phone no.

Form 990-PF (2014)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2014 AccountingFeesSchedule

Name:

WASHINGTON CHILDREN'S FOUNDATION

EIN: 20-5877229

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	14,476	14,476		0

- TIN:

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

TY 2014 DepreciationSchedule

Name:

WASHINGTON CHILDREN'S FOUNDATION

EIN: 20-5877229

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense
WEBSITE	2008-01-01	15,500	15,500	SL	3.000000000000	0
COMPUTER EQUIPMENT	2007-05-17	2,400	2,400	SL	3.000000000000	0
COMPUTER EQUIPMENT	2009-01-14	306	306	SL	3.000000000000	0
COMPUTER EQUIPMENT	2011-03-20	1,880	1,880	SL	3.000000000000	0
COMPUTER EQUIPMENT	2012-12-18	40	27	SL	3.000000000000	13

- TIN:

TY 2014 InvestmentsCorpBondsSchedule

Name:

WASHINGTON CHILDREN'S FOUNDATION

EIN: 20-5877229

Name of Bond	End of Year Book Value	End of Year Fair Market Value
ABBVIE INC 1.750% 11/06/17	251,153	252,373
AMER EXPRESS CR MTN 2.375% 3/24/17	257,415	253,873
HSBC FIN CORP MTN 5.750% 11/15/17	100,000	107,440
ILLINOIS TOOL WORKS 6.250% 4/01/19	114,237	114,076
JPMORGAN CHASE 4.250% 10/15/20	53,918	53,552
MCGRAW-HILL COS INC 5.900% 11/15/17	100,000	106,969
NBCUNIVERSAL MEDIA 5.150% 4/30/20	223,416	225,886
THERMO FISHER 3.600% 8/15/21	52,080	51,419
TORONTO DOM MTN V-Q 1.294% 9/09/16	250,871	250,533
US BANCORP MTN 2.200% 4/25/19	125,626	126,743
VERIZON COMM INC 2.500% 9/15/16	253,721	253,418
WELLS FARGO CO MTN 2.100% 5/08/17	129,393	126,808

- TIN:

TY 2014 InvestmentsCorpStockSchedule

Name:

WASHINGTON CHILDREN'S FOUNDATION

EIN: 20-5877229

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABBOTT LABS INC	105,355	134,400
ALPHABET INC CL A	107,989	147,478
AMETEK INC NEW	80,639	178,165
AMGEN INC	102,638	134,453
AMPHENOL CORP	72,120	149,105
ANSYS INC	47,469	59,569
APPLE COMPUTER	185,490	334,600
AUTOMATIC DATA PROCESSING INC	110,124	130,485
CANADIAN NATIONAL RAILWAY CO	32,568	82,472
CELGENE CORP	29,145	116,575
CHECK POINT SOFTWARE TECH LT ORD	89,519	148,645
CHEVRON CORPORATION	47,433	40,896
CHURCH & DWIGHT INC	58,895	150,658
CIMAREX ENERGY CO	10,550	88,545
CITRIX SYS INC	17,592	32,840
COGNIZANT TECHNOLOGY SOLUTIONS CORP	59,071	170,275
COMCAST CORP-CL A	103,509	156,550
CR BARD INC	74,864	93,175
CUMMINS INC	105,930	103,510
CVS HEALTH CORP	42,911	41,982
DANAHER CORP	88,478	163,293
DAVITA INC	91,222	106,576
DOMINION RES INC VA	33,250	125,003
DONALDSON INC	8,281	11,325
DR PEPPER SNAPPLE GROUP INC	60,749	107,244
ECOLAB INC	91,805	198,578
FISERV INC COM	55,668	168,893
GILEAD SCIENCES INC COM	42,542	43,252
HENRY SCHEIN INC	51,443	227,565
HOME DEPOT INC	113,301	154,550
IDEXX LABS INC	44,417	102,930
ILLINOIS TOOL WORKS	110,298	114,925
INTUIT	105,652	170,503
JOHNSON & JOHNSON	65,930	80,824
KNIGHT TRANSPORTATION INC	8,609	19,065
MASTERCARD INC-A	87,555	247,475
MCCORMICK & CO INC-NON VTG SHRS	51,280	104,975
NOBLE ENERGY INC	5,053	35,840
O REILLY AUTOMOTIVE INC	12,532	262,447
PRAXAIR INC	127,676	111,090
ROPER TECHNOLOGIES INC	81,175	237,596
RPM INTERNATIONAL INC	82,876	91,420
SIGMA ALDRICH CORP	21,722	314,370
SNAP ON INC	39,388	41,473
STARBUCKS CORP	116,282	187,710
STERICYCLE INC	19,759	151,713
THERMO FISHER SCIENTIFIC INC	92,567	98,085
TRIMBLE NAV LTD	5,124	14,219
UNITED TECHNOLOGIES CORP	57,481	66,427
W W GRAINGER INC	9,091	126,000
WALGREENS BOOTS ALLIANCE INC	1,148	63,510
WELLS FARGO & CO NEW	76,718	81,210
ACCENTURE PLC CL A	53,497	160,800
INTERCONTINENTAL HOTELS SPONS ADR	88,731	110,428
NOVARTIS AG SPONSORED ADR	63,049	72,344
NOVO NORDISK AS SPONS ADR	107,580	252,605
SCHLUMBERGER LTD	53,801	48,850
3M CO	66,789	125,768
ALPHABET INC CL C	205,588	356,116
AMAZON COM INC	46,166	344,245
AMERICAN TOWER CORP REIT	83,765	245,352
AMGEN INC	43,921	126,544
ANTHEM INC	82,856	69,575
APPLE COMPUTER	68,460	418,250
ATMOS ENERGY CORP	57,575	63,000
AUTOMATIC DATA PROCESSING INC	35,270	86,990
BIOGEN INC	84,002	72,628
CHEVRON CORPORATION	29,507	45,440
COCA COLA CO	3,529	42,350
COLGATE-PALMOLIVE	59,253	119,430
COSTCO WHSL CORP NEW	81,397	110,684
CVS HEALTH CORP	75,981	148,170
DANAHER CORP	39,263	233,275
ECOLAB INC	75,312	120,350
EQT CORPORATION	90,894	59,463
EXXON MOBIL CORPORATION	3,997	82,740
GENERAL MILLS	70,395	104,598
GILEAD SCIENCES INC COM	37,088	173,008
HOME DEPOT INC	83,117	148,368
JOHNSON & JOHNSON	4,649	161,648
JP MORGAN CHASE & CO	104,329	160,625
MARRIOTT INTERNATIONAL INC	38,752	115,170
MASTERCARD INC-A	54,731	197,980
MERCK & CO INC	56,546	109,320
MICROSOFT CORP	22,563	210,560
MONSANTO CO NEW	75,648	83,898
NISOURCE INC	62,015	76,640
NORTHERN TRUST	51,647	77,429
OMNICOM GROUP, INC.	26,923	82,412
PEPSICO INC	19,302	143,066
PRAXAIR INC	76,778	105,536
PRICELINE GROUP INC	58,076	145,424
PROCTER & GAMBLE COMPANY	34,756	76,380
QUALCOMM INC	77,043	59,420
ROSS STORES INC COM	84,596	80,928
SPECTRA ENERGY CORP WI	77,442	71,425
STARBUCKS CORP	67,841	156,425
STATE STREET CORP	84,420	75,900
STRYKER CORP COM	47,103	95,620
UNION PAC CORP	66,237	125,090
UNITED PARCEL SERVICE INC	71,075	103,020
UNITED TECHNOLOGIES CORP	73,719	98,410
UNITEDHEALTH GROUP INC	82,123	176,670
VISA INC	86,739	124,128
WALT DISNEY COMPANY	36,028	113,740
WELLS FARGO & CO NEW	82,858	140,764
WHOLE FOODS MKT INC COM	74,615	44,940
XILINX INC	41,799	80,954
ACCENTURE PLC CL A	53,402	128,640
AON PLC	49,048	93,310
MEDTRONIC PLC	82,627	81,312
ROCHE HLDG LTD SPONS ADR	50,821	71,211

- TIN:

TY 2014 InvestmentsGovtObligationsSch

Name:

WASHINGTON CHILDREN'S FOUNDATION

EIN: 20-5877229

US Government Securities - End of Year Book Value:

256,010

US Government Securities - End of Year Fair Market Value:

250,140

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

530,620

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

518,631

- TIN:

TY 2014 InvestmentsOtherSchedule2

Name:

WASHINGTON CHILDREN'S FOUNDATION

EIN: 20-5877229

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
VANGUARD INTER US TREASURY #35	AT COST	130,179	128,544
T ROWE PR MID CAP GROW-I	AT COST	215,004	220,968
T ROWE PR MID-CAP VALUE-I	AT COST	191,090	197,178
T ROWE PR NEW HORIZONS-I	AT COST	91,317	92,660
T ROWE PR SMALL CAP VAL-I	AT COST	80,367	84,184
T ROWE PRICE SPECTRUM INTL	AT COST	387,337	416,919
T ROWE PR NEW INCOME-I	AT COST	1,640,067	1,641,800
T ROWE PR SHRT-TRM BND	AT COST	751,220	733,130

- TIN:

TY 2014 LandEtcSchedule2

Name:

WASHINGTON CHILDREN'S FOUNDATION

EIN: 20-5877229

Category / Item	Cost / Other Basis	Accumulated Depreciation
WEBSITE	15,500	15,500
COMPUTER EQUIPMENT	2,400	2,400
COMPUTER EQUIPMENT	306	306
COMPUTER EQUIPMENT	1,880	1,880
COMPUTER EQUIPMENT	40	40

- TIN:

TY 2014 OtherExpensesSchedule

Name:

WASHINGTON CHILDREN'S FOUNDATION

EIN: 20-5877229

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
OTHER EXPENSES	6,907	1,381		5,526

- TIN:

TY 2014 OtherLiabilitiesSchedule

Name:

WASHINGTON CHILDREN'S FOUNDATION

EIN: 20-5877229

Description	Beginning of Year - Book Value	End of Year - Book Value
PAYROLL LIABILITY	71,687	99,505

- TIN:

TY 2014 OtherProfessionalFeesSchedule

Name:

WASHINGTON CHILDREN'S FOUNDATION

EIN: 20-5877229

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ADVISORY FEES	89,101	65,281		17,820

- TIN:

TY 2014 TaxesSchedule

Name:

WASHINGTON CHILDREN'S FOUNDATION

EIN: 20-5877229

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
PAYROLL TAXES	6,347	952	5,395
FOREIGN INVESTMENT TAXES	4,778	0	0
EXCISE TAXES	11,503	0	0