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
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
KEITH & MARY KAY MCCAW FAMILY FOUND
 
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:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$27,270,750J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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 199,038 199,038  
4 Dividends and interest from securities... 371,401 371,401  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 484,198
b Gross sales price for all assets on line 6a 7,067,813
7 Capital gain net income (from Part IV, line 2)... 484,198
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........ 1,054,637 1,054,637  
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 340     340
b Accounting fees (attach schedule)....... Click to see attachment 3,200     3,200
c Other professional fees (attach schedule).... Click to see attachment 93,481 93,481    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 14,987 7,987    
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.......... 112,031 101,468   3,565
25 Contributions, gifts, grants paid....... 1,118,000 1,118,000
26 Total expenses and disbursements. Add lines 24 and 25 1,230,031 101,468   1,121,565
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -175,394
b Net investment income (if negative, enter -0-) 953,169
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
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............. 178,569 250,578 250,578
2 Savings and temporary cash investments......... 540,116 547,201 547,201
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) 6,482,707 6,812,539 6,812,539
b Investments—corporate stock (attach schedule)....... 7,519,310 Click to see attachment6,839,629 6,839,629
c Investments—corporate bonds (attach schedule)....... 5,058,809 Click to see attachment4,640,967 4,640,967
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 8,790,342 Click to see attachment8,179,836 8,179,836
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) 28,569,853 27,270,750 27,270,750
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.................. 28,569,853 27,270,750
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)..... 28,569,853 27,270,750
31 Total liabilities and net assets/fund balances (see instructions). 28,569,853 27,270,750
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
28,569,853
2
Enter amount from Part I, line 27a .....................
2
-175,394
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
28,394,459
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,123,709
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
27,270,750
Form 990-PF (2015)
Form 990-PF (2015)
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 GNMA POOL 5228 3.5% 11-20-2026 BEO P 2012-06-07 2015-07-20
b UNITED STATES TREAS NTS P 2013-10-18 2015-01-29
c UTD STATES TREAS .25% DUE 10-31-2015 P 2014-08-20 2015-10-06
d BAXTER INTL INC 2.4% DUE 08-15-2022 P 2012-08-08 2015-07-21
e EOG RESOURCES INC COM P 2015-08-20 2015-10-06
NATIONAL OILWELL VARCO COM STK P 2014-10-29 2015-08-21
STARBUCKS CORP COM P 2012-08-10 2015-06-04
WELLS FARGO & CO NEW COM STK P 2014-10-29 2015-10-06
GILEAD SCIENCES INC P 2014-10-29 2015-10-06
BAXALTA INC COM P 2014-10-11 2015-10-06
HOME DEPOT INC COM P 2014-10-29 2015-10-06
EXPRESS SCRIPTS HLDG CO COM P 2014-10-29 2015-10-06
AMERICAN WTR WKS CO INC NEW COM P 2014-10-29 2015-10-27
APACHE CORP COM P 2014-04-09 2015-08-20
GEN DYNAMICS CORP 1% DUE 11-15-2017 P 2012-11-01 2015-03-26
ASTRAZENECA PLC 1.95% DUE 09-18-2019 P 2012-09-11 2015-02-10
UTD STATES TREAS .25% DUE 10-31-2015 P 2013-11-05 2015-10-06
GNMA POOL 5228 3.5% 11-20-2026 BEO P 2012-06-07 2015-03-20
BIOGEN INC COMMON STOCK P 2015-08-20 2015-10-06
COCA COLA CO COM P 2011-10-21 2015-06-19
STARBUCKS CORP COM P 2014-06-24 2015-06-04
EATON CORP PLC COM USD0.50 P 2014-10-30 2015-10-06
MONDELEZ INTL INC COM P 2014-10-30 2015-10-06
EXPRESS SCRIPTS HLDG CO COM P 2014-10-29 2015-12-18
REORG/ALTERA CORP CASH MERGER P 2014-06-04 2015-06-19
TWITTER INC COM P 2015-07-30 2015-10-06
AMERICAN WTR WKS CO INC NEW COM P 2012-01-27 2015-10-27
MC DONALDS CORP COM P 2014-10-29 2015-10-06
FEDERAL HOME LN MTG CORP 0.5 DUE P 2012-10-12 2015-04-17
VODAFONE GROUP PLC 1.5% DUE 02-19-20 P 2013-02-11 2015-03-26
UTD STATES TREAS .25% DUE 12-15-2015 P 2015-07-24 2015-12-15
HYDRO-QUEBEC GTD GLOBAL NT 2% DUE P 2011-06-23 2015-11-12
TWENTY-FIRST CENTY FOX INC CL A CL A P 2014-10-29 2015-10-06
COCA COLA CO COM P 2012-03-02 2015-06-19
STARBUCKS CORP COM P 2014-06-21 2015-06-04
CITIGROUP INC COM NEW COM NEW P 2015-06-05 2015-10-06
BAXTER INTL INC COM P 2014-10-11 2015-10-06
EXPRESS SCRIPTS HLDG CO COM P 2013-11-18 2015-12-18
ALPHABET INC CAP STK CL C CAP STK CL P 2014-10-29 2015-10-06
JPMORGAN CHASE & CO COM P 2014-07-25 2015-10-06
INTERCONTINENTAL EXCHANGE INC COM P 2014-10-29 2015-10-06
NUCOR CORP COM P 2014-10-30 2015-10-06
BK NEW YORK INC 3.4% DUE 05-15-2024 P 2014-05-02 2015-06-12
FHLMC MTN 2.875 02-09-2015 P 2010-04-09 2015-02-09
GNMA POOL 5228 3.5% 11-20-2026 BEO P 2012-06-07 2015-01-20
HYDRO-QUEBEC GTD GLOBAL NT 2% DUE P 2011-06-24 2015-11-12
ALPHABET INC CAP STK CL A CAP STK CL P 2014-10-29 2015-10-06
COCA COLA CO COM P 2011-08-29 2015-06-19
STARBUCKS CORP COM P 2012-08-13 2015-06-04
PROCTER & GAMBLE COM NPV P 2014-10-30 2015-10-06
NIKE INC CL B P 2009-12-08 2015-12-23
C R BARD P 2013-03-15 2015-10-06
TERADATA CORP DEL COM STK P 2014-12-19 2015-10-06
AMGEN INC COM P 2012-03-01 2015-07-20
NIKE INC CL B P 2009-12-08 2015-12-18
GNMA POOL 5228 3.5% 11-20-2026 BEO P 2012-06-07 2015-04-20
GNMA POOL 5228 3.5% 11-20-2026 BEO P 2012-06-07 2015-06-22
DEUTSCHE BK AG 3.7% DUE 05-30-2024 P 2014-05-22 2015-08-14
HYDRO-QUEBEC GTD GLOBAL NT 2% DUE P 2011-06-24 2015-11-12
DANAHER CORP COM P 2006-02-03 2015-07-27
EMC CORP COM P 2014-10-29 2015-10-06
REORG/PRECISION CASTPARTS CORP COM P 2015-04-14 2015-10-06
FRKLN RES INC COM P 2010-01-12 2015-06-05
ZIMMER BIOMET HLDGS INC COM P 2015-03-18 2015-10-06
GENERAL ELECTRIC CO P 2014-10-29 2015-10-06
QUALCOMM INC COM P 2011-07-15 2015-10-06
AMGEN INC COM P 2014-10-29 2015-07-20
NIKE INC CL B P 2014-10-29 2015-12-18
GNMA POOL 5228 3.5% 11-20-2026 BEO P 2012-06-07 2015-09-21
FNMA 1.875 DUE 02-19-2019 P 2014-02-04 2015-06-12
FHLB .25 02-20-2015 P 2013-04-17 2015-02-20
GNMA POOL 5228 3.5% 11-20-2026 BEO P 2012-06-07 2015-08-20
DANAHER CORP COM P 2014-10-29 2015-07-27
DICKS SPORTING GOODS INC OC-COM P 2014-08-28 2015-01-09
DICKS SPORTING GOODS INC OC-COM P 2015-06-04 2015-10-06
APPLE INC COM STK P 2014-10-29 2015-07-30
REORG/ALTERA CORP CASH MERGER P 2014-06-14 2015-04-14
V F CORP COM P 2014-10-29 2015-10-06
ACTIVISION BLIZZARD INC COM STK P 2015-01-16 2015-10-06
INTEL CORP COM P 2012-05-08 2015-01-20
REORG/PRECISION CASTPARTS CORP COM P 2011-10-25 2015-10-15
UTD STATES TREAS .875% DUE 10-15-201 P 2014-11-07 2015-11-17
UNITED STATES TREAS NTS DTD 08/15/20 P 2015-08-18 2015-10-02
GNMA POOL 5228 3.5% 11-20-2026 BEO P 2012-06-07 2015-11-20
COSTCO WHSL CORP 1.7% DUE 12-15-2019 P 2012-11-28 2015-01-30
AMERICAN EXPRESS CO P 2014-10-29 2015-10-06
DICKS SPORTING GOODS INC OC-COM P 2014-08-27 2015-01-09
FRKLN RES INC COM P 2010-01-12 2015-06-04
APPLE INC COM STK P 2006-07-24 2015-07-30
REORG/ALTERA CORP CASH MERGER P 2014-06-06 2015-04-14
COSTCO WHOLESALE CORP NEW COM P 2014-10-29 2015-10-06
STARBUCKS CORP COM P 2012-08-10 2015-10-27
INTEL CORP COM P 2012-05-07 2015-01-20
REORG/PRECISION CASTPARTS CORP COM P 2015-04-14 2015-10-15
UNITED STATES TREAS NTS DTD 08/15/20 P 2014-07-29 2015-07-06
SHELL INTL FIN B V 1.125% DUE 08-21- P 2012-08-14 2015-02-11
HSBC USA INC 3.5% DUE 06-23-2024 P 2014-06-16 2015-08-14
UTD STATES TREAS .125% DUE 04-30-201 P 2013-05-03 2015-04-30
C R BARD P 2014-01-14 2015-08-20
DICKS SPORTING GOODS INC OC-COM P 2014-11-07 2015-01-09
FRKLN RES INC COM P 2014-10-29 2015-06-04
AMERICAN WTR WKS CO INC NEW COM P 2014-10-29 2015-10-06
REORG/ALTERA CORP CASH MERGER P 2014-06-05 2015-04-14
CHEVRON CORP COM P 2014-10-29 2015-10-06
CISCO SYSTEMS INC P 2013-01-16 2015-06-04
INTEL CORP COM P 2014-10-29 2015-01-20
REORG/PRECISION CASTPARTS CORP COM P 2011-10-21 2015-10-15
GNMA POOL 5228 3.5% 11-20-2026 BEO P 2012-06-07 2015-05-20
UNITED STATES TREAS NTS DTD 00312 1. P 2014-09-11 2015-08-11
UNITED STATES TREAS NTS DTD 02/28/20 P 2013-03-22 2015-01-29
TRANSCANADA PIPELINES LTD .75 DUE P 2013-01-10 2015-05-20
C R BARD P 2014-10-29 2015-08-20
DICKS SPORTING GOODS INC OC-COM P 2014-11-06 2015-01-09
AMERICAN WTR WKS CO INC NEW COM P 2012-01-26 2015-11-04
HALLIBURTON CO COM P 2015-08-20 2015-10-06
REORG/ALTERA CORP CASH MERGER P 2014-06-04 2015-04-14
REORG/PRECISION CASTPARTS CORP COM P 2012-03-02 2015-12-18
AMGEN INC COM P 2012-03-02 2015-10-06
REORG/PRECISION CASTPARTS CORP COM P 2012-09-18 2015-12-21
TERADATA CORP DEL COM STK P 2014-12-19 2015-12-11
JPMORGAN CHASE & 4.35% DUE 08-15-202 P 2011-08-03 2015-05-20
UNITED STATES TREAS NTS DTD 1.5% DUE P 2014-02-11 2015-08-18
UNITED STATES TREAS NTS P 2013-10-18 2015-03-04
INTEL CORP 2.7% DUE 12-15-2022 P 2012-12-04 2015-02-10
C R BARD P 2013-03-15 2015-08-20
DICKS SPORTING GOODS INC OC-COM P 2014-09-12 2015-01-09
REORG/ALTERA CORP CASH MERGER P 2014-06-03 2015-07-22
QUALCOMM INC COM P 2011-07-15 2015-07-30
REORG/GOOGLE NAME CHANGE ALPHABET P 2014-10-29 2015-05-12
REORG/PRECISION CASTPARTS CORP COM P 2012-09-18 2015-12-18
WALT DISNEY CO P 2014-10-29 2015-10-06
METLIFE INC COM STK USD0.01 P 2015-06-05 2015-10-06
TERADATA CORP DEL COM STK P 2014-12-18 2015-12-11
GNMA POOL 5228 3.5% 11-20-2026 BEO P 2012-06-07 2015-02-20
UNITED STATES TREAS NTS DTD 1.5% DUE P 2014-02-11 2015-08-18
LLOYDS BK PLC 2.35% DUE 09-05-2019 P 2014-09-02 2015-05-20
INTEL CORP 2.7% DUE 12-15-2022 P 2012-12-04 2015-02-10
DANAHER CORP COM P 2006-02-03 2015-10-06
EXPRESS SCRIPTS HLDG CO COM P 2013-11-19 2015-12-23
REORG/ALTERA CORP CASH MERGER P 2014-06-04 2015-07-22
REORG/PRECISION CASTPARTS CORP COM P 2011-10-21 2015-11-04
AMGEN INC COM P 2012-03-02 2015-08-20
REORG/PRECISION CASTPARTS CORP COM P 2012-09-19 2015-12-18
SCHLUMBERGER LTD COM COM P 2014-09-30 2015-10-06
SALESFORCE COM INC COM STK P 2014-10-29 2015-10-06
COSTCO WHOLESALE CORP NEW COM P 2008-01-23 2015-12-11
ARCHER DANIELS 4.479 DUE 03-01-2021 P 2011-03-30 2015-05-20
UNITED STATES TREAS NTS DTD 05/31/20 P 2013-06-13 2015-06-01
GNMA POOL 5228 3.5% 11-20-2026 BEO P 2012-06-07 2015-10-20
INTEL CORP 2.7% DUE 12-15-2022 P 2012-12-04 2015-02-10
VERIZON COMMUNICATIONS COM P 2014-10-29 2015-10-06
EXPRESS SCRIPTS HLDG CO COM P 2013-11-18 2015-12-23
REORG/PRECISION CASTPARTS CORP COM P 2014-07-30 2015-08-20
PFIZER INC COM P 2012-11-16 2015-03-18
AMGEN INC COM P 2012-03-01 2015-08-20
REORG/PRECISION CASTPARTS CORP COM P 2011-10-21 2015-12-18
STARBUCKS CORP COM P 2012-08-10 2015-10-06
SALESFORCE COM INC COM STK P 2015-01-09 2015-10-06
COSTCO WHOLESALE CORP NEW COM P 2014-10-29 2015-12-11
BARCLAYS PLC 2.75% P 2014-11-03 2015-05-20
UNITED STATES TREAS NTS DTD 05/31/20 P 2014-01-29 2015-06-01
UNITED STATES TREAS NTS DTD 00312 1. P 2014-09-11 2015-09-30
EXELON CORP COM P 2013-04-23 2015-10-06
NATIONAL OILWELL VARCO COM STK P 2007-03-01 2015-08-21
EXPRESS SCRIPTS HLDG CO COM P 2012-06-20 2015-12-23
REORG/PRECISION CASTPARTS CORP COM P 2014-08-07 2015-08-20
PFIZER INC COM P 2014-10-29 2015-03-18
NIKE INC CL B P 2014-10-29 2015-10-06
NXP SEMICONDUCTORS N V COM STK P 2015-07-22 2015-10-06
EXELON CORP COM P 2013-04-23 2015-12-23
PFIZER INC COM P 2012-11-16 2015-10-06
APACHE CORP COM P 2014-04-10 2015-08-20
UNITED STATES TREAS NTS DTD 06/15/20 P 2014-03-12 2015-06-15
UTD STATES TREAS .25% DUE 02-29-2016 P 2014-03-12 2015-05-08
GNMA POOL 5228 3.5% 11-20-2026 BEO P 2012-06-07 2015-12-21
EXELON CORP COM P 2013-04-24 2015-10-06
NATIONAL OILWELL VARCO COM STK P 2014-10-30 2015-08-21
STARBUCKS CORP COM P 2014-06-12 2015-06-04
REORG/PRECISION CASTPARTS CORP COM P 2015-04-14 2015-08-20
PFIZER INC COM P 2012-12-04 2015-03-18
MERCK & CO INC NEW COM P 2014-10-29 2015-10-06
CVS HEALTH CORP COM P 2012-04-27 2015-10-06
CISCO SYSTEMS INC P 2013-01-16 2015-02-11
AMERICAN WTR WKS CO INC NEW COM P 2012-01-26 2015-10-27
APACHE CORP COM P 2014-04-01 2015-08-20
UNITED STATES TREAS NTS DTD 06/15/20 P 2014-03-04 2015-06-15
FEDERAL HOME LN BKS TRANCHE .375 P 2013-12-10 2015-08-28
US TREAS NTS .25 DUE 07-15-2015 REG P 2014-05-09 2015-07-06
AMERICAN TOWER CORP P 2014-10-29 2015-10-06
NATIONAL OILWELL VARCO COM STK P 2009-05-14 2015-08-21
STARBUCKS CORP COM P 2014-06-13 2015-06-04
ORACLE CORP COM P 2014-10-29 2015-10-06
EXXON MOBIL CORP COM P 2014-11-07 2015-10-06
KOHLS CORP COM P 2015-06-19 2015-10-06
NORFOLK SOUTHN CORP COM P 2014-10-29 2015-10-06
APPLE INC COM STK P 2006-07-24 2015-10-06
AMERICAN WTR WKS CO INC NEW COM P 2012-01-30 2015-10-27
APACHE CORP COM P 2014-10-30 2015-08-20
(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 1,080   1,080  
b 100,035   100,002 33
c 125,024   125,005 19
d 125,770   124,459 1,311
e 2,896   2,715 181
3,087   5,716 -2,629
9,639   4,229 5,410
7,402   7,353 49
3,101   3,472 -371
3,393   3,662 -269
6,987   5,672 1,315
6,259   5,708 551
2,146   1,925 221
3,090   5,715 -2,625
124,623   124,220 403
125,740   124,845 895
75,015   74,918 97
911   911  
2,476   2,812 -336
25,101   21,014 4,087
7,877   5,870 2,007
4,301   5,280 -979
5,373   4,273 1,100
6,527   5,634 893
24,625   16,088 8,537
1,580   1,790 -210
9,570   5,513 4,057
4,287   3,886 401
100,000   100,141 -141
179,262   179,172 90
100,000   100,000  
100,823   99,981 842
3,791   4,590 -799
4,049   3,454 595
6,737   4,989 1,748
7,409   8,139 -730
2,603   3,281 -678
7,557   5,717 1,840
6,416   5,466 950
9,055   8,666 389
4,004   3,465 539
3,498   4,677 -1,179
120,912   119,939 973
175,000   175,311 -311
1,141   1,141  
45,370   45,050 320
3,341   2,785 556
38,340   32,905 5,435
7,566   3,356 4,210
3,162   3,725 -563
8,413   2,074 6,339
3,372   1,831 1,541
1,702   2,555 -853
26,293   10,964 15,329
6,730   1,659 5,071
1,128   1,128  
1,134   1,134  
199,426   199,238 188
55,453   55,057 396
21,418   6,798 14,620
5,079   5,579 -500
3,448   3,206 242
34,532   25,261 9,271
3,954   4,919 -965
5,032   4,723 309
2,521   2,469 52
10,874   10,592 282
4,918   3,485 1,433
1,268   1,268  
202,979   201,365 1,614
75,000   74,987 13
1,514   1,514  
15,689   14,110 1,579
15,609   13,067 2,542
3,757   3,947 -190
25,043   21,834 3,209
9,294   7,284 2,010
3,146   3,008 138
4,004   2,519 1,485
29,859   22,571 7,288
11,324   8,425 2,899
125,054   124,790 264
151,230   147,551 3,679
909   909  
50,133   49,888 245
3,848   4,390 -542
11,666   9,778 1,888
41,928   30,638 11,290
5,375   384 4,991
6,196   4,891 1,305
3,707   3,283 424
33,862   12,301 21,561
35,600   27,483 8,117
15,253   14,106 1,147
200,046   200,024 22
119,964   119,310 654
126,173   124,468 1,705
100,000   99,828 172
11,213   7,687 3,526
6,319   5,402 917
5,644   6,059 -415
2,060   1,925 135
24,182   18,942 5,240
2,776   3,733 -957
34,376   25,294 9,082
4,874   4,541 333
17,333   12,614 4,719
1,268   1,268  
50,074   50,075 -1
100,019   100,000 19
124,916   124,779 137
11,410   9,225 2,185
16,419   13,881 2,538
39,105   22,615 16,490
2,616   2,610 6
13,124   10,244 2,880
2,775   2,001 774
1,831   879 952
21,493   14,747 6,746
16,556   26,875 -10,319
86,816   79,948 6,868
75,662   74,909 753
100,011   100,001 10
20,049   20,058 -9
28,525   14,749 13,776
2,646   2,248 398
67,237   45,334 21,903
29,987   25,844 4,143
489   481 8
5,319   3,647 1,672
5,498   4,727 771
5,011   5,813 -802
27,223   42,813 -15,590
1,343   1,343  
302,648   299,591 3,057
125,643   124,965 678
80,195   79,658 537
5,670   1,818 3,852
2,156   1,624 532
2,773   1,881 892
17,999   13,119 4,880
32,338   13,393 18,945
10,869   7,490 3,379
4,367   6,050 -1,683
4,760   3,894 866
32,337   13,465 18,872
110,842   100,612 10,230
175,000   174,775 225
916   916  
25,061   25,073 -12
1,895   2,141 -246
776   585 191
22,620   22,812 -192
32,997   23,174 9,823
17,639   7,309 10,330
7,862   5,718 2,144
5,618   2,183 3,435
223   175 48
4,002   3,283 719
126,144   124,560 1,584
25,000   25,000  
150,000   150,000  
1,056   1,286 -230
18,210   14,771 3,439
6,555   4,094 2,461
8,540   8,267 273
14,248   12,415 1,833
4,813   3,576 1,237
1,903   2,034 -131
47,780   63,511 -15,731
4,315   3,114 1,201
1,045   1,924 -879
50,000   50,000  
100,035   99,774 261
619   619  
815   1,002 -187
17,077   31,022 -13,945
14,821   10,586 4,235
12,464   11,541 923
23,149   17,241 5,908
4,696   5,292 -596
6,219   2,791 3,428
35,222   27,193 8,029
2,842   1,634 1,208
41,580   76,445 -34,865
150,000   150,000  
175,000   175,000  
200,007   200,006 1
3,826   3,906 -80
23,251   18,225 5,026
7,981   5,734 2,247
3,579   3,663 -84
4,301   5,318 -1,017
2,083   2,873 -790
2,477   3,406 -929
9,244   724 8,520
6,380   3,677 2,703
21,676   36,066 -14,390
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a        
b       33
c       19
d       1,311
e       181
      -2,629
      5,410
      49
      -371
      -269
      1,315
      551
      221
      -2,625
      403
      895
      97
       
      -336
      4,087
      2,007
      -979
      1,100
      893
      8,537
      -210
      4,057
      401
      -141
      90
       
      842
      -799
      595
      1,748
      -730
      -678
      1,840
      950
      389
      539
      -1,179
      973
      -311
       
      320
      556
      5,435
      4,210
      -563
      6,339
      1,541
      -853
      15,329
      5,071
       
       
      188
      396
      14,620
      -500
      242
      9,271
      -965
      309
      52
      282
      1,433
       
      1,614
      13
       
      1,579
      2,542
      -190
      3,209
      2,010
      138
      1,485
      7,288
      2,899
      264
      3,679
       
      245
      -542
      1,888
      11,290
      4,991
      1,305
      424
      21,561
      8,117
      1,147
      22
      654
      1,705
      172
      3,526
      917
      -415
      135
      5,240
      -957
      9,082
      333
      4,719
       
      -1
      19
      137
      2,185
      2,538
      16,490
      6
      2,880
      774
      952
      6,746
      -10,319
      6,868
      753
      10
      -9
      13,776
      398
      21,903
      4,143
      8
      1,672
      771
      -802
      -15,590
       
      3,057
      678
      537
      3,852
      532
      892
      4,880
      18,945
      3,379
      -1,683
      866
      18,872
      10,230
      225
       
      -12
      -246
      191
      -192
      9,823
      10,330
      2,144
      3,435
      48
      719
      1,584
       
       
      -230
      3,439
      2,461
      273
      1,833
      1,237
      -131
      -15,731
      1,201
      -879
       
      261
       
      -187
      -13,945
      4,235
      923
      5,908
      -596
      3,428
      8,029
      1,208
      -34,865
       
       
      1
      -80
      5,026
      2,247
      -84
      -1,017
      -790
      -929
      8,520
      2,703
      -14,390
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 2 484,198
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 -13,144
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))
2014 1,410,100 28,659,878 0.049201
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
2
Total of line 1, column (d) .....................
20.249147
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
0.049829
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
27,968,346
5
Multiply line 4 by line 3......................
5
1,393,635
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
9,532
7
Add lines 5 and 6........................
7
1,403,167
8
Enter qualifying distributions from Part XII, line 4.............
8
1,121,565
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 (2015)
Form 990-PF (2015)
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 Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 19,063
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 19,063
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 19,063
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 18,374
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 6,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 24,374
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 5,311
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet5,311 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 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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 2015, 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  
    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 2015?.............
    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 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    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 2015 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 2015.)..................
    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 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    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 (2015)
    Form 990-PF (2015)
    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 &
    5.00     		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
    2.00     		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 93,481
    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  
    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  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    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
    27,572,528
    b
    Average of monthly cash balances.......................
    1b
    821,732
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    28,394,260
    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
    28,394,260
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    425,914
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    27,968,346
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,398,417
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    1,398,417
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    19,063
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    19,063
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,379,354
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,379,354
    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
    1,379,354
    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
    1,121,565
    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
    1,121,565
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,121,565
    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 (2015)
    Form 990-PF (2015)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2014     		(c)
    2014     		(d)
    2015
    1 Distributable amount for 2015 from Part XI, line 7 1,379,354
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2015:
    a From 2010...... 105,910
    b From 2011......  
    c From 2012...... 89,777
    d From 2013...... 96,023
    e From 2014...... 3,822
    fTotal of lines 3a through e........ 295,532
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 1,121,565
    a Applied to 2014, 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 2015 distributable amount..... 1,121,565
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2015. 257,789 257,789
    (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 37,743
    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 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2016. 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 2010 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		37,743
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013.... 33,921
    d Excess from 2014.... 3,822
    e Excess from 2015....  
    Form 990-PF (2015)
    Form 990-PF (2015)
    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 2015, 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) 2015 (b) 2014 (c) 2013 (d) 2012
             
    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 (2015)
    Form 990-PF (2015)
    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 5,000
    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 10,000
    CHILDREN'S HOSPITAL FOUNDATION
    PO BOX 50020-S-200
    SEATTLE,WA981455020     		NONE 509(A)(1) BIO-CHEMICAL GENETIC DEPARTMENT 10,000
    CIRCLE OF WOMEN - SAN FRAN CHAPTER
    PO BOX 38136
    CAMBRIDGE,MA02238     		NONE 509(A)(1) WOMEN'S ASSISTANCE PROGRAM 5,000
    CONSERVATION INTERNATIONAL
    313 E MADISON STREET 20
    SEATTLE,WA981124263     		NONE 509(A)(1) LAND CONSERVATION 200,000
    CONSERVATION INTERNATIONAL
    313 E MADISON STREET 20
    SEATTLE,WA981124263     		NONE 509(A)(1) LAND CONSERVATION - GENERAL FUND 50,000
    CORNISH COLLEGE OF THE ARTS
    1000 LENORA STREET
    SEATTLE,WA98121     		NONE 509(A)(1) SCHOLARSHIP FUND 10,000
    COYOTE CENTRAL
    2719 E MADISON SUITE 201
    SEATTLE,WA98112     		NONE 509(A)(1) ARTS PROGRAM FOR CHILDREN 5,000
    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
    FRED HUTCHINSON CANCER RESEARCH INS
    P O BOX 19024
    SEATTLE,WA981091024     		NONE 509(A)(1) CANCER RESEARCH 5,000
    GRAMEEN FOUNDATION USA
    2101 FOURTH AVENUE SUITE
    SEATTLE,WA98121     		NONE 509(A)(1) FIGHTS GLOBAL POVERTY 20,000
    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 50,000
    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
    KIWANIS MEMORIAL FUND
    P O BOX 31033
    SEATTLE,WA98103     		NONE 509(A)(1) CAMP CASEY FOR PHYSICALLY DISABLED K 1,000
    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
    NOAH ANIMAL ADOPTION CENTER
    31300 BRANDSTROM ROAD
    STANWOOD,WA98292     		NONE 509(A)(2) ANIMAL SHELTER CARE 10,000
    NORTHWEST AMATEUR SAILING & RACING
    1807 E HAMLIN STREET
    SEATTLE,WA98112     		NONE 509(A)(1) EDUCATION/PROMOTION OF AMATEUR SAILI 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 10,000
    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 10,000
    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 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 FILM SCHOOL
    2828 BOYER AVENUE E
    SEATTLE,WA98102     		NONE 509(A)(1) FILM SCHOOL DONATION FOR PROJECTS 5,000
    THE LEUKEMIA & LYMPHOMA SOCIETY
    123 NW 36TH STREET 100
    SEATTLE,WA98107     		NONE 509(A)(1) CANCER RESEARCH 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 20,000
    UNIVERSITY OF WASHINGTON FOUNDATION
    BOX 359505
    SEATTLE,WA981959505     		NONE 509(A)(3) ARCS ENDOW. - TUMOR VACCINE GROUP 50,000
    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
    WOUNDED WARRIORS PROJECT
    PO BOX 758540
    TOPEKA,KS66675     		NONE 509(A)(1) WOUNDED VETERANS ASSISTANCE 5,000
    YWCA
    1118 FIFTH AVENUE
    SEATTLE,WA98101     		NONE 509(A)(2) CHILDREN'S ASSISTANCE 10,000
    Total .................................bullet 3a 1,118,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2015)
    Form 990-PF (2015)
    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 ...........     		    14 199,038  
    4 Dividends and interest from securities....     14 371,401  
    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 ............     		    18 484,198  
    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)..   1,054,637  
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,054,637
    (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 (2015)
    Form 990-PF (2015)
    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 organizations?
    Yes
    No
    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 name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2015)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 AccountingFeesSchedule
    Name:
    KEITH & MARY KAY MCCAW FAMILY FOUND
    EIN:
    91-1920617
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 3,200     3,200

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    KEITH & MARY KAY MCCAW FAMILY FOUND
    EIN:
    91-1920617
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AMERICAN EXPRESS CO 7.0% 3/19/18 166,349 166,349
    AMERIPRISE FINL 4.0% 10/15/23 103,881 103,881
    ARCHER DANIELS 4.479% 03/01/21    
    ASTRAZENECA PLC 1.95% 09/18/19    
    BANK NS HELIFAX 4.375% 01/13/21 134,974 134,974
    BARCLAYS 2.75% 11/08/10    
    BB&T CORP MED 6.85% 04/30/19 142,479 142,479
    BK MNTRL MED TERM 2.55% 11/06/22 123,440 123,440
    BK NEW YORK INC 3.4% 05/15/24    
    BLACKROCK INC 3.5% 3/18/24 128,351 128,351
    BNP PARIBAS TRANCHE 3.25% 03/03/23 159,794 159,794
    BP CAP MKTS PLC 2.75% 05/10/23 117,374 117,374
    BP CAP MKTS PLC 3.535% 11/04/24 97,263 97,263
    CAMPBELL SOUP CO. 3.05% DUE 07/15/17 25,563 25,563
    COOPERATIEVE 3.375% 05/21/25 198,022 198,022
    CR SUISE 2.3% 05/28/19 50,043 50,043
    DEUTSCHE BK AG 3.70% 05/30/24    
    DISNEY WALT CO 3.75% 06/01/21 133,523 133,523
    FL PWR & LT CO 3.125% 12/1/25 110,200 110,200
    GEN DYNAMICS CORP 1% 11/15/17    
    GOLDMAN SACHS 5.75% 01/24/22 142,153 142,153
    HSBC USA INC. 06/23/24 3.5%    
    HYDRO-QUEBEC GTD 2% 06/30/16    
    INTL BUSINESS MACHINES 1.875% 8/1/22 165,198 165,198
    JP MORGAN CHASE 4.35% 08/15/21    
    LLOYDS BANK 2.35% 09/05/19    
    LLOYDS BANK 3.5% 5/14/25 180,591 180,591
    MAN PROV CDA 2.1% 09/06/22 121,148 121,148
    METLIFE INC 3.048% 12/15/22 174,606 174,606
    MFRS & TRADERSTR 2.9% 2/6/25 121,074 121,074
    MORGAN STANLEY 3.875% 4/29/2024 127,422 127,422
    NATL RURAL UTILTIIES 10.375% 11/1/18 152,499 152,499
    NATL RURAL UTILITIES 2.35% 06/15/20 34,596 34,596
    PHILIP MORRIS INTL 2.5% 08/22/22 122,476 122,476
    PNC BK PITTSBURGH 2.7% 11/01/22 121,580 121,580
    RIO TINTO FIN USA 3.5% 11/2/20 112,729 112,729
    RIO TINTO FIN USA 3.75% 09/20/21    
    SANOFI SA 1.25% 04/10/18 124,454 124,454
    SCHWAB CARLES CORP NEW 3.0% 3/10/25 98,351 98,351
    SHELL INTL FIN 1.125% 08/21/17    
    SIMON PPTY GROUP 2.5% 9/1/20 120,093 120,093
    ST STR CORP 3.1% 05/15/23 148,230 148,230
    STATOIL ASA 2.45% 01/17/23 189,590 189,590
    SUMITOMO MITSUI BK 1.5% 01/18/18 123,947 123,947
    TORONTO DOMINION BK 1.4% 04/30/18 123,956 123,956
    TOTAL CAP INTL 2.7% 01/25/23 95,865 95,865
    TRANSCANADA PIPELINES .75% 01/15/16    
    US BANCORP 2.95% 07/15/22 124,280 124,280
    VODAFONE GROUP PLC 1.5% 02/19/18    
    WALMART STORES 1.125% 04/11/18 99,583 99,583
    WELLS FARGO & CO.. 3.45% 02/13/23 125,290 125,290

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    KEITH & MARY KAY MCCAW FAMILY FOUND
    EIN:
    91-1920617
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ACTIVISION BLIZZARD INC 141,717 141,717
    ALPHABET INC CLASS A 111,255 111,255
    ALPHABET INC CLASS C 236,012 236,012
    ALTERA CORP COM    
    AMERICAN EXPRESS    
    AMERICAN EXPRESS 121,643 121,643
    AMERICAN TOWER CORP 110,523 110,523
    AMERICAN WATERWORKS CO    
    AMGEN INC 68,341 68,341
    APACHE CORP    
    APPLE INC. 277,465 277,465
    BAXALTA INC 166,970 166,970
    BAXTER INTL INC COM 90,988 90,988
    BAXTER INC    
    BIOGEN INC 158,689 158,689
    C R BARD 105,897 105,897
    CHEVRON CORP. 78,085 78,085
    CISCO SYSTEMS INC    
    CITIGROUP INC COM 229,563 229,563
    COCA COLA CO    
    COSTCO WHOLESALE CORP. 75,582 75,582
    COSTCO    
    CVS CAREMARK CORP 195,051 195,051
    DANAHER 194,119 194,119
    DICKS SPORTING GOODS 94,172 94,172
    DUKE ENERGY CORP 48,617 48,617
    EATON CORP 118,599 118,599
    EMC CORP. 154,850 154,850
    EOG RESOURCES INC 77,232 77,232
    EXPRESS SCRIPTS HLDG CO 162,583 162,583
    EXXON MOBIL 98,919 98,919
    EXXON MOBIL    
    EXXON MOBILE 20,501 20,501
    FRANKLIN RES INC.    
    GENERAL ELECTRIC 159,675 159,675
    GILEAD SCIENCES INC 89,958 89,958
    GOOGLE    
    GOOGLE    
    HALLIBURTON CO 72,846 72,846
    HOME DEPOT INC 218,080 218,080
    INTEL CORP    
    INTEL CORP    
    INTERCONTINENTAL EXCHANGE INC 121,980 121,980
    JPMORGAN CHASE 267,488 267,488
    KOHLS CORP 93,212 93,212
    MCDONALDS CORP 139,287 139,287
    MERCK & CO INC 137,332 137,332
    METLIFE INC 155,670 155,670
    MONDELEZ INTL 150,528 150,528
    NATIONAL OILWELL    
    NIKE 113,750 113,750
    NORFOLK SOUTHERN CORP 74,355 74,355
    NUCOR CORP 113,283 113,283
    NXP SEMICONDUCTORS N V 92,844 92,844
    ORACLE CORP. 96,403 96,403
    PFIZER INC 125,214 125,214
    PRECISION CASTPARTS CORP    
    PROCTER & GAMBLE 93,704 93,704
    QUALCOMM INC 99,270 99,270
    RACKSPACE HOSTING INC 68,718 68,718
    SALESFORCE 151,155 151,155
    SCHLUMBERGER LTD 114,878 114,878
    STARBUCKS CORP 144,852 144,852
    TERADATA CORP    
    TWENTY FIRST CENTURY FOX INC 110,433 110,433
    TWITTER INC 64,190 64,190
    VERIZON COMMUNICATIONS 54,956 54,956
    VF CORP 77,252 77,252
    WALT DISNEY CO. 154,152 154,152
    WELLS FARGO 214,450 214,450
    ZIMMER HOLDINGS 132,341 132,341

    TY 2015 InvestmentsOtherSchedule2
    Name:
    KEITH & MARY KAY MCCAW FAMILY FOUND
    EIN:
    91-1920617
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MFB NORTHERN MID CAP FMV 1,612,440 1,612,440
    MFB NORTHERN FDS SMALL CAP INDEX FMV 1,549,888 1,549,888
    MFB NORTHERN EMERGING MARKETS FMV 629,609 629,609
    MFB NORTHERN INTL EQUITY FD FMV 1,309,896 1,309,896
    MFB NORTHERN INTL EQUITY INDEX FMV 1,288,760 1,288,760
    MFB NORTHERN HIGH YIELD FMV 1,789,243 1,789,243

    TY 2015 LegalFeesSchedule
    Name:
    KEITH & MARY KAY MCCAW FAMILY FOUND
    EIN:
    91-1920617
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 340     340


    TY 2015 OtherDecreasesSchedule
    Name:
    KEITH & MARY KAY MCCAW FAMILY FOUND
    EIN:
    91-1920617
    Description Amount
    UNREALIZED LOSSES 1,123,709


    TY 2015 OtherExpensesSchedule
    Name:
    KEITH & MARY KAY MCCAW FAMILY FOUND
    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 2015 OtherProfessionalFeesSchedule
    Name:
    KEITH & MARY KAY MCCAW FAMILY FOUND
    EIN:
    91-1920617
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 8849 41,542 41,542    
    INVESTMENT MANAGEMENT FEES 9741 51,939 51,939    


    TY 2015 TaxesSchedule
    Name:
    KEITH & MARY KAY MCCAW FAMILY FOUND
    EIN:
    91-1920617
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 7,000      
    FOREIGN TAXES 7,987 7,987