Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
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
SATYA AND RAO REMALA FOUNDATION
C/O SMITH BUNDAY BERMAN BRITTON PS
Number and street (or P.O. box number if mail is not delivered to street address)11808 NORTHUP WAY NO 240
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BELLEVUE, WA98005
A Employer identification number

91-6477106
B Telephone number (see instructions)

(425) 462-8220
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$11,721,949
J 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) 474,500
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 3,185 17  
4 Dividends and interest from securities... 244,657 244,657  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 124,172
b Gross sales price for all assets on line 6a 3,241,040
7 Capital gain net income (from Part IV, line 2)... 349,397
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........ 846,514 594,071 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 6,809 3,404 0 3,405
c Other professional fees (attach schedule).... 31,106 31,106 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 2,112 2,112 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 1,859 0 0 1,859
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 41,886 36,622 0 5,264
25 Contributions, gifts, grants paid....... 547,816 547,816
26 Total expenses and disbursements. Add lines 24 and 25 589,702 36,622 0 553,080
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 256,812
b Net investment income (if negative, enter -0-) 557,449
c Adjusted net income (if negative, enter -0-)... 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.............      
2 Savings and temporary cash investments......... 837,956 1,060,362 1,060,362
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 6,993,582 Click to see attachment8,016,656 8,653,784
c Investments—corporate bonds (attach schedule)....... 3,065,083 Click to see attachment2,113,332 2,000,323
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment6,189 Click to see attachment7,480 Click to see attachment7,480
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 10,902,810 11,197,830 11,721,949
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) Click to see attachment8,753 Click to see attachment20,312
23 Total liabilities (add lines 17 through 22)......... 8,753 20,312
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 10,894,057 11,177,518
30 Total net assets or fund balances (see instructions)..... 10,894,057 11,177,518
31 Total liabilities and net assets/fund balances (see instructions). 10,902,810 11,197,830
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
10,894,057
2
Enter amount from Part I, line 27a .....................
2
256,812
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
26,649
4
Add lines 1, 2, and 3 ..........................
4
11,177,518
5
Decreases not included in line 2 (itemize) bullet
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
11,177,518
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 SALE OF PUBLICALLY TRADED SECURITIES P 2014-12-31 2015-12-30
b SALE OF PUBLICALLY TRADED SECURITIES P 2009-12-30 2015-12-31
c SALE OF PUBLICALLY TRADED SECURITIES D 2009-12-30 2015-12-31
d CAPITAL GAINS DIVIDENDS P    
e
(e) Gross sales price (f) Depreciation allowed
(or allowable)
(g) Cost or other basis
plus expense of sale
(h) Gain or (loss)
(e) plus (f) minus (g)
a 824,717   910,515 -85,798
b 2,020,875   1,976,128 44,747
c 265,710   5,000 260,710
d 129,738     129,738
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       -85,798
b       44,747
c       260,710
d       129,738
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 349,397
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see 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      
2013      
2012      
2011      
2010      
2
Total of line 1, column (d) .....................
2  
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
 
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
 
5
Multiply line 4 by line 3......................
5
 
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
 
7
Add lines 5 and 6........................
7
 
8
Enter qualifying distributions from Part XII, line 4.............
8
 
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 11,149
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 11,149
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 11,149
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 18,357
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 18,357
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 2
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 7,206
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet7,206 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletWA
    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
    Yes
     
    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 ofbulletRAO REMALA Telephone no.bullet (425) 827-8255

    Located atbullet11808 NORTHUP WAY SUITE 240BELLEVUEWA ZIP+4bullet98005
    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
    RAO V REMALA TRUSTEE
    2.00
    0 0 0
    C/O SMITH BUNDAY BERMAN BRITTON
    11808 NORTHUP WAY SUITE 240
    BELLEVUE,WA98005
    SATYA K REMALA TRUSTEE
    2.00
    0 0 0
    C/O SMITH BUNDAY BERMAN BRITTON
    11808 NORTHUP WAY SUITE 240
    BELLEVUE,WA98005
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    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 GLOBAL HEALTH INVESTMENT FUND I, LLC (THE "FUND") SEEKS TO PROVIDE AFFORDABLE FUNDING TO SUPPORT THE DEVELOPMENT OF DRUGS, VACCINES, PREVENTATIVE, DIAGNOSTICS AND OTHER PRODUCTS TO ADDRESS GLOBAL HEALTH CHALLANGES THAT DISPROPORTIONATELY IMPACT DEVELOPING COUNTRIES. THE FUND IS A COLLABORATION AMOUNG JP MORGAN, THE BILL & MELINDA GATES FOUNDATION AND LION'S HEAD GLOBAL PARTNERS. 26,810
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet26,810
    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
    11,300,680
    b
    Average of monthly cash balances.......................
    1b
    765,701
    c
    Fair market value of all other assets (see instructions)................
    1c
    6,835
    d
    Total (add lines 1a, b, and c).........................
    1d
    12,073,216
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    12,073,216
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    181,098
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    11,892,118
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    594,606
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    594,606
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    11,149
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    11,149
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    583,457
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    583,457
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    583,457
    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
    553,080
    b
    Program-related investments—total from Part IX-B..................
    1b
    26,810
    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
    579,890
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    579,890
    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 7 583,457
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 520,660
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012......  
    d From 2013......  
    e From 2014......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 579,890
    a Applied to 2014, but not more than line 2a 520,660
    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 2015 distributable amount..... 59,230
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2015. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
    0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
    0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
    0
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........
    524,227
    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 2010 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......
    0
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014....  
    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).)
    RAO V REMALA
    SATYA K REMALA
    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
    API CHAYA
    PO BOX 14047
    SEATTLE,WA98114
    NONE 501(C)(3) TO END INTIMATE PARTNER VIOLENCE AND OTHER FORMS OF EXPLOITATION. 1,000
    CONSUMER CHECKBOOK
    101 TRUMAN AVENUE
    YONKERS,NY10703
    NONE 501(C)(3) TO WORK FOR A FAIR, JUST, AND SAFE MARKETPLACE FOR ALL CONSUMER.TO PROVIDE TRUSTWORTHY PRODUCT INFORMATION. 250
    FOOD LIFELINE
    1702 NE 150TH ST
    SHORELINE,WA98155
    NONE 501(C)(3) TO PROVIDE FOOD TO THOSE IN NEED. 1,000
    FRED HUTCHINSON CANCER RESEARCH CENTER
    PO BOX 19024 J5-200
    SEATTLE,WA98109
    NONE 501(C)(3) TO SUPPORT RESEARCH, PREVENTION, DETECTION AND OF CANCER. 12,400
    THE SALVATION ARMY
    PO BOX 9219
    SEATTLE,WA98109
    NONE 501(C)(3) TO CARE FOR PEOPLE IN NEED. 500
    HABITAT FOR HUMANITY OF EAST KING COUNTY
    PO BOX 817
    REDMOND,WA98073
    NONE 501(C)(3) TO CREAT A VARIETY OF HOUSING SOLUTIONS THROUGH NEW CONSTRUCTION RENOVATION AND REPAIR.TO HELP LOW-INCOME FAMILIES AND BUILD SAFE COMMUNITIES 2,500
    HOPELINK
    16225 NE 87TH ST SUITE A-1
    REDMOND,WA98052
    NONE 501(C)(3) TO PROVIDE FOR EMERGENCY FOOD, CLOTHING AND SHELTER. 1,500
    FOREST RIDGE SCHOOL
    4800 139TH AVENUE SE
    BELLEVUE,WA98006
    NONE 501(C)(3) TO SUPPORT EDUCATION AND SCHOLARSHIPS. 3,000
    HOPE HEART INSTITUTE
    1380 112TH AVENUE NORTHEAST
    BELLEVUE,WA98004
    NONE 501(C)(3) TO SUPPORT RESEARCH, DIAGNOSIS & TREATMENT OF HEART DISEASE. 250
    NORTHWEST HARVEST
    PO BOX 12272
    SEATTLE,WA98102
    NONE 501(C)(3) TO PROVIDE FOOD TO THOSE IN NEED. 1,000
    SPECIAL OLYMPICS WASHINGTON
    2150 N 107TH ST SUITE 220
    SEATTLE,WA98133
    NONE 501(C)(3) TO PROVIDE TRAINING AND HEALTH EDUCTION TO PEOPLE WITH DISABILITIES. 500
    THE SEATTLE FOUNDATION
    1200 FIFTH AVENUE SUITE 1300
    SEATTLE,WA98101
    NONE 501(C)(3) TO IMPROVE THE QUALITY OF LIFE IN KING COUNTY. 139,238
    UNITED WAY OF KING COUNTY
    720 SECOND AVENUE
    SEATTLE,WA98104
    NONE 501(C)(3) TO ENHANCE THE ABILITY FOR PEOPLE TO SUPPORT EACH OTHER. 204,035
    UNIVERSITY OF WASHINGTON FOUNDATION
    1200 FIFTH AVENUE SUITE 500
    SEATTLE,WA98101
    NONE 501(C)(3) TO SUPPORT COMPUTER SCIENCE SCHOLARSHIPS & ENGINEERING. 3,500
    WASHINGTON TRAILS ASSOCIATION
    2019 THIRD AVE SUITE 100
    SEATTLE,WA98121
    NONE 501(C)(3) TO PROTECT HIKING TRAILS AND WILDERNESS. 2,500
    WEATHERHILL NATURE PRESERVE
    4030 95TH NE
    YARROW POINT,WA98004
    NONE 501(C)(3) TO PROVIDE SUPPORT FOR MAINTENANCE OF THE PRESERVE. 500
    CHILDHAVEN
    316 BROADWAY
    SEATTLE,WA98122
    NONE 501(C)(3) TO GIVE CHILDREN THE CHANCE TO LEARN THE EDUCATION AND SOCIAL SKILLS THEY NEED TO BE SUCCESSFUL IN SCHOOL AND BEYOND. 1,000
    PATH
    1455 NW LEARY WAY
    SEATTLE,WA98107
    NONE 501(C)(3) TO PROMOTE GLOBAL HEALTH. 11,200
    TECHNOLOGY ACCESS FOUNDATION
    4436 RAINIER AVENUE SOUTH SUITE B
    SEATTLE,WA98118
    NONE 501(C)(3) TO PROVIDE A HIGH-QUALITY EDUCATION FOR MORE UNDERSERVED STUDENTS OF COLOR. 2,500
    SEATTLE CHILDREN HOSPITAL
    4800 SAND POINT WAY NE
    SEATTLE,WA98105
    NONE 501(C)(3) TO SUPPORT RESEARCH, DIAGNOSIS & TREATMENT FOR CHILDREN. 1,000
    PUGET SOUND ALL MARINE GOLF COMMITTEE
    8071 EARL AVENUE NW
    SEATTLE,WA98117
    NONE 501(C)(3) TO PROVIDE BEST INFORMATION FOR CONSUMER. 500
    LIFELONG AIDS ALLIANCE
    1002 ESENECA
    SEATTLE,WA98122
    NONE 501(C)(3) TO PROVIDE RESEARCH, TREATMENT & SUPPORT FOR PEOPLE. 1,000
    MILLIONAIR CLUB CHARITY
    2515 WESTERN AVE
    SEATTLE,WA98121
    NONE 501(C)(3) TO PROVIDE MEALS & HYGIENE FACILITIES TO THE HOMELESS. 500
    LEUKEMIA & LYMPHOMA SOCIETY
    123 NW 36TH ST 100
    SEATTLE,WA98107
    NONE 501(C)(3) TO FIGHT AGAINST LEUKEMIA, LYMPHOMA AND MYELOMA AND TO IMPROVE THE QUALITY OF LIFE OF PATIENTS AND THEIR FAMILIES. 4,000
    MAKE A WISH
    4742 N 24TH ST SUITE 400
    PHOENIX,AZ85016
    NONE 501(C)(3) TO ENRICH THE LIVES OF CHILDREN WITH LIFE-THREATENING MEDICAL CONDITIONS THROUGH ITS WISH-GRANTING WORK. 1,000
    SEATTLE GOODWILL
    1765 6TH AVENUE SOUTH
    SEATTLE,WA98134
    NONE 501(C)(3) TO ASSIST PEOPLE AND FAMILIES IN NEED. 1,500
    MAMMA'S HANDS
    PO BOX 40464
    BELLEVUE,WA98015
    NONE 501(C)(3) TO REAWAKEN WITHIN INDIVIDUALS THE HOPE THEY NEED TO REGAIN THEIR SELF-RESPECT AND THEIR DESIRE FOR A PRODUCTIVE LIFE. 1,000
    CARNEGIE MELLON UNIVERSITY
    5000 FORBESAVENUE
    PITTSBURGH,PA15213
    NONE 501(C)(3) TO SUPPORT SCIENCES RESEARCH AND EDUCATION. 10,000
    CLIMATE SOLUTIONS
    1402 THIRD AVENUE SUITE 1305
    SEATTLE,WA98101
    NONE 501(C)(3) TO ACCELERATE PRACTICAL AND PROFITABLE SOLUTIONS TO GLOBAL WARMING BY GALVANIZING LEADERSHIP, GROWING INVESTMENT AND BRIDGING DIVIDES. 1,500
    CRISIS CLINIC
    1515 DEXTER AVENUE NORTH
    SEATTLE,WA98109
    NONE 501(C)(3) TO PROVIDE HELPING FOR PEOPLE IN CRISIS. 500
    NORTHWEST FOLKLIFE
    305 HARRISON STREET
    SEATTLE,WA98109
    NONE 501(C)(3) TO SHARE AND SUSTAIN THE VITALITY OF FOLK, ETHNIC AND ARTISTIC COMMUNITIES. 500
    THE KIRAN ANJALI PROJECT
    7201 HOLLY HILL DR
    MERCER ISLAND,WA98040
    NONE 501(C)(3) TO ADVANCE EDUCATIONAL OPPORTUNITIES FOR UNDERPRIVILEGED CHILDREN. 1,505
    VILLAGE THEATRE
    303 FRONT STREET NORTH
    ISSAQUAH,WA98027
    NONE 501(C)(3) TO OFFER THE HIGHEST QUALITY PERFORMING ARTS PROGRAMS. 250
    SENIOR SERVICES
    2208 SECOND AVENUE SUITE 100
    SEATTLE,WA98121
    NONE 501(C)(3) TO PROVIDE HOME-DELIVERED MEALS TO SENIORS. 500
    NEIGHBORCARE HEALTH
    905 SPRUCE STREET SUITE 300
    SEATTLE,WA98104
    NONE 501(C)(3) TO PROVIDE MEDICAL AND DENTAL CARE IN SEATTLE FOR LOW INCOME AND UNINSURED FAMILIES AND INDIVIDUALS. 1,000
    SEATTLE HUMANE SOCIETY
    13212 SE EASTGATE WAY
    BELLEVUE,WA98005
    NONE 501(C)(3) TO BRING PEOPLE AND PETS TOGETHER AND KEEP THEM TOGETHER. 6,100
    SEATTLE UNIVERSITY
    901 12TH AVENUE
    SEATTLE,WA98122
    NONE 501(C)(3) TO PROVIDE MUCH NEEDED SCHOLARSHIPS FOR THE STUDENTS. 1,000
    GLOBAL PARTNERSHIPS
    1932 FIRST AVENUE SUITE 400
    SEATTLE,WA98101
    NONE 501(C)(3) TO IMPACT INVESTOR THAT WORKS TO EXPAND OPPORTUNITY FOR PEOPLE LIVING IN POVERTY. 2,500
    GEORGE WASHINGTON UNIVERSITY
    2121 1ST NW
    WASHINGTON,DC20052
    NONE 501(C)(3) TO OFFERS COMPREHENSIVE PROGRAMS OF UNDERGRADUATE AND GRADUATE LIBERAL ARTS STUDY AS WELL AS DEGREE PROGRAMS IN MEDICINE, LAW, ENGINEERING, EDUCATION. 2,500
    NETWORK FOR GOOD
    1140 CONNECTICUT AVENUE NW SUITE
    700
    WASHINGTON,DC20036
    NONE 501(C)(3) TO USE THE INTERNET AND MOBILE TECHNOLOGY TO SECURELY AND EFFICIENTLY DISTRIBUTE THOUSANDS OF DONATIONS FROM DONORS TO THEIR FAVORITE CHARITIES EACH YEAR. 265
    YARROW POINT COMMUNITY ASSOCIATION
    9030 NE 34TH ST
    BELLEVUE,WA98004
    NONE 501(C)(3) TO PROVIDE BETTER SERVICES TO COMMUNITY. 500
    INFECTIOUS DISEASE RESEARCH INSTITUTE
    1616 EASTLAKE AVENUE EAST SUITE 400
    SEATTLE,WA98102
    NONE 501(C)(3) TO TAKE A COMPREHENSIVE APPROACH TO ADDRESS INFECTIOUS DISEASES. 27,500
    RAINIER SCHOLARS
    2100-24TH AVE S SUITE 360
    SEATTLE,WA98144
    NONE 501(C)(3) TO PROVIDE EDUCATION AND OPPORTUNITY FOR ALL COMMITTED AND CAPABLE STUDENTS. 2,500
    SENIOR NET
    5237 SUMMERLIN COMMONS BLVD
    FORT MYERS,FL33907
    NONE 501(C)(3) TO PROVIDE OLDER ADULTS EDUCATION FOR AND ACCESS TO COMPUTER TECHNOLOGIES TO ENHANCE THEIR LIVES AND ENABLE THEM TO SHARE THEIR KNOWLEDGE AND WISDOM. 250
    SIGHTLIFE
    1200 6TH AVE 300
    SEATTLE,WA98101
    NONE 501(C)(3) TO ELIMINATE CORNEAL BLINDNESS. 25,000
    UNIVERSITY DISTRICT FOOD BANK
    4731 15TH AVE NE
    SEATTLE,WA98105
    NONE 501(C)(3) TO HELP PREVENT HUNGER IN NORTHEAST SEATTLE NEIGHBORHOODS. 500
    UPAYA SOCIAL VENTURES
    PO BOX 9603
    SEATTLE,WA98109
    NONE 501(C)(3) TO BUILD THE BUSINESSES THAT WILL CREATE JOBS AND IMPROVE THE QUALITY OF LIFE FOR THE ULTRA POOR. 2,500
    VILLAGEREACH
    2900 EASTLAKE AVE E SUITE 230
    SEATTLE,WA98102
    NONE 501(C)(3) TO SAVE LIVES AND IMPROVE HEALTH BY INCREASING ACCESS TO QUALITY HEALTHCARE FOR THE MOST UNDERSERVED COMMUNITIES. 1,000
    VIRGINIA MASON FOUNDATION
    1218 TERRY AVENUE
    SEATTLE,WA98111
    NONE 501(C)(3) TO PROVIDE THE MOST ADVANCED AND COMPASSIONATE CARE. 5,000
    WASHINGTON GLOBAL HEALTH ALLIANCE
    1809 7TH AVE SUITE 901
    SEATTLE,WA98101
    NONE 501(C)(3) TO ADVANCE GLOBAL HEALTH EQUITY. 8,150
    WITHIN REACH
    155 NE 100TH ST 500
    SEATTLE,WA98125
    NONE 501(C)(3) TO SERVE AS THE FOREMOST CATALYST FOR IMPROVEMENTS IN MATERNAL, CHILD AND FAMILY HEALTH. 250
    YMCA OF GREATER SEATTLE
    909 4TH AVE
    SEATTLE,WA98104
    NONE 501(C)(3) TO HELP YOUNG PEOPLE ACHIEVE THEIR POTENTIAL, EMPOWERING PEOPLE OF ALL AGES TO LEAD HEALTHIER LIVES. 500
    YOUTH CARE
    2500 NE 54TH STREET
    SEATTLE,WA98105
    NONE 501(C)(3) TO HELP HOMELESS YOUNG PEOPLE MOVE OFF THE STREETS AND PREPARE FOR LIFE. 500
    AMERICAN RED CROSS
    1900 25TH AVE S
    SEATTLE,WA98144
    NONE 501(C)(3) TO LEARN OR TEACH LIFE-SAVING SKILLS SO OUR COMMUNITIES CAN BE BETTER PREPARED WHEN THE NEED ARISES. 1,000
    LITERACY BRIDGE
    1904 THIRD AVENUE SUITE 417
    SEATTLE,WA98101
    NONE 501(C)(3) TO SIGNIFICANTLY IMPROVE THE HEALTH, INCOME, AND QUALITY OF LIFE FOR THE WORLD'S MOST UNDERSERVED COMMUNITIES BY PROVIDING LIFE-CHANGING KNOWLEDGE THROUGH INNOVATIVE TECHNOLOGY. 6,534
    COLLEGE SUCCESS FOUNDATION
    1605 NW SAMMAMISH ROAD
    ISSAQUAH,WA98027
    NONE 501(C)(3) TO PROVIDE A UNIQUE INTEGRATED SYSTEM OF SUPPORTS AND SCHOLARSHIPS TO INSPIRE UNDERSERVED LOW-INCOME STUDENTS TO FINISH HIGH SCHOOL, GRADUATE FROM COLLEGE AND SUCCEED IN LIFE. 5,000
    WATER 1ST INTERNATIONAL
    1904 3RD AVE SUITE 1012
    SEATTLE,WA98101
    NONE 501(C)(3) TO BUILD AN ORGANIZATION FROM THE GROUND UP WITH THE ABILITY TO CONSISTENTLY IMPLEMENT HIGH-QUALITY WATER AND SANITATION PROJECTS THAT PROVIDE PERMANENT SOLUTIONS FOR THE WORLD'S POOREST COMMUNITIES. 105
    GSBA SCHOLARSHIP FUND
    400 EAST PINE STREET SUITE 322
    SEATTLE,WA98122
    NONE 501(C)(3) TO INVEST IN THE EDUCATION OF A DIVERSE GROUP OF LESBIAN, GAY, BISEXUAL, TRANSGENDER, QUEER AND ALLIED STUDENTS WHO HAVE THE CAPACITY AND VISION TO BE THE NEXT GENERATION OF LEADERS WORKING TO CREATE A BETTER WORLD FOR ALL. 1,000
    INTERNATIONAL ASSOCIATION FOR HUMAN VALUES
    2401 15TH STREET NW
    WASHINGTON,DC20009
    NONE 501(C)(3) TO REDUCE STRESS AND DEVELOP LEADERS SO THAT HUMAN VALUES CAN FLOURISH IN PEOPLE AND COMMUNITIES. 1,000
    IAWW
    PO BOX 404
    BELLEVUE,WA98009
    NONE 501(C)(3) TO PROVIDE A COMMON IDENTITY TO THE INDIAN COMMUNITY AND FACILITATE CULTURAL, SOCIAL AND EDUCATIONAL SERVICES AND OPPORTUNITIES FOR CULTURAL INTEGRATION FROM YOUNG TO OLD OF THE COMMUNITY. 6,250
    KBTC
    2320 SOUTH 19TH STREET
    TACOMA,WA98405
    NONE 501(C)(3) TO ENSURE THE CONTINUATION OF GREAT VARIETY OF SHOWS. 500
    MADISON PARK COOPERATIVE PRESCHOOL
    1900 43RD AVENUE EAST
    SEATTLE,WA98112
    NONE 501(C)(3) TO PROVIDE BETTER EARLY EDUCATION. 1,000
    NORTHWEST AFRICAN AMERICAN MUSEUM
    2300 S MASSACHUSETTS ST
    SEATTLW,WA98144
    NONE 501(C)(3) TO SPREAD KNOWLEDGE, UNDERSTANDING AND ENJOYMENT OF THE HISTORIES, ARTS AND CULTURES OF PEOPLE OF AFRICAN DESCENT FOR THE ENRICHMENT OF ALL. 550
    OVERLAKE HOSPITAL FOUNDATION
    1035 116TH AVE NE
    BELLEVUE,WA98004
    NONE 501(C)(3) TO PROVIDE MEDICAL EXCELLENCE EVERY DAY. 5,000
    PRATHAM
    9703 RICHMOND AVENUE
    HOUSTON,TX77042
    NONE 501(C)(3) TO PROVIDE EDUCATION TO CHILDREN IN MUMBAI SLUMS. 15,000
    BIG CLIMB
    123 NW 36TH ST 100
    SEATTLE,WA98107
    NONE 501(C)(3) TO ILLUSTRATE THE IMPACT OF BLOOD CANCER IN THE PUGET SOUND AREA. 334
    STOLEN YOUTH
    PO BOX 296
    SEATTLE,WA98111
    NONE 501(C)(3) TO SUPPORT THE RESCUE AND RECOVERY OF OUR COMMUNITY'S SEXUALLY EXPLOITED YOUTH. 1,100
    TEACHERS UNITED
    210 S HUDSON ST 326
    SEATTLE,WA98134
    NONE 501(C)(3) TO ENSURE THAT ALL STUDENTS GRADUATE HIGH SCHOOL PREPARED FOR SUCCESS IN COLLEGE OR CAREER. 500
    WASHINGTON NATIONAL PARK FUND
    1904 3RD AVE SUITE 400
    SEATTLE,WA98101
    NONE 501(C)(3) TO RAISE PRIVATE SUPPORT TO DEEPEN THE PUBLIC'S LOVE FOR, UNDERSTANDING OF AND EXPERIENCES IN MOUNT RAINIER, NORTH CASCADES AND OLYMPIC NATIONAL PARK. 1,800
    Total .................................bullet 3a 547,816
    bApproved for future payment
    Total .................................bullet 3b 0
    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 17 3,168
    4 Dividends and interest from securities....     14 244,657  
    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 ............
        18 124,172  
    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).. 0 368,846 3,168
    13Total. Add line 12, columns (b), (d), and (e)..................
    13372,014
    (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.)
    3 IRC SEC. 103 - TAX EXEMPT INCOME, NET OF ALLOCATED INVESTMENT EXPENSE
    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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2015
    Name of the organization
    SATYA AND RAO REMALA FOUNDATION
    C/O SMITH BUNDAY BERMAN BRITTON PS
    Employer identification number

    91-6477106
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Page 2
    Name of organization
    SATYA AND RAO REMALA FOUNDATION
    C/O SMITH BUNDAY BERMAN BRITTON PS
    Employer identification number
    91-6477106
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    1
     
     

    RAO AND SATYA REMALA  
    8827 NE 36TH STREET
     
    BELLEVUE, WA98004

    $ 474,500


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     

       
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     

       
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     

       
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     

       
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     

       
     
     

    $  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 3
    Name of organization
    SATYA AND RAO REMALA FOUNDATION
    C/O SMITH BUNDAY BERMAN BRITTON PS
    Employer identification number

    91-6477106
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No.from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (see instructions)
    (d)
    Date received
    1
    10000 SHARES MICROSOFT CORPORATION STOCK $ 474,500 2015-10-19
    (a)
    No.from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (see instructions)
    (d)
    Date received
     
    $    
    (a)
    No.from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (see instructions)
    (d)
    Date received
     
    $    
    (a)
    No.from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (see instructions)
    (d)
    Date received
     
    $    
    (a)
    No.from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (see instructions)
    (d)
    Date received
     
    $    
    (a)
    No.from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (see instructions)
    (d)
    Date received
     
    $    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 4
    Name of organization
    SATYA AND RAO REMALA FOUNDATION
    C/O SMITH BUNDAY BERMAN BRITTON PS
    Employer identification number

    91-6477106
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No.from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2015 AccountingFeesSchedule
    Name:
    SATYA AND RAO REMALA FOUNDATION
     
    C/O SMITH BUNDAY BERMAN BRITTON PS
    EIN:
    91-6477106
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 6,809 3,404 0 3,405

    TY 2015 GeneralExplanationAttachment
    Name:
    SATYA AND RAO REMALA FOUNDATION
     
    C/O SMITH BUNDAY BERMAN BRITTON PS
    EIN:
    91-6477106
    Identifier Return Reference Explanation
      FORM 990-PF, PAGE 5, PART VI-A, LINE 12 DURING THE 2015 TAX YEAR, FOUNDATION MADE A DONATION OF $138,738 TO THE SEATTLE FOUNDATION IN A DONOR ADVISED FUND. THE FOUNDATION TREATED THE ENTIRE $138,738 DONATION AS A QUALIFYING DISTRIBUTION. THE TAXPAYER MAKES FREQUENT DONATIONS TO THE SEATTLE FOUNDATION AND JOINS WITH THE AREA CHARITABLE COMMUNITY UTILIZING THE SEATTLE FOUNDATION'S INFORMATION GATHERING FOR ASSESSMENT OF CHARITABLE NEEDS IN THE COMMUNITY. THE SEATTLE FOUNDATION SERVES TO FACILATE THE PLANNING FOR MULTI YEAR GRANTS TO AREA CHARITIES AS WELL AS LARGER SINGLE DONATIONS TO CHARITIES IN NEED.

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    SATYA AND RAO REMALA FOUNDATION
     
    C/O SMITH BUNDAY BERMAN BRITTON PS
    EIN:
    91-6477106
    Name of Bond End of Year Book Value End of Year Fair Market Value
    VARIOUS BONDS - SEE ATTACHED 2,113,332 2,000,323

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    SATYA AND RAO REMALA FOUNDATION
     
    C/O SMITH BUNDAY BERMAN BRITTON PS
    EIN:
    91-6477106
    Name of Stock End of Year Book Value End of Year Fair Market Value
    VARIOUS EQUITIES - SEE ATTACHED 8,016,656 8,653,784

    TY 2015 OtherAssetsSchedule
    Name:
    SATYA AND RAO REMALA FOUNDATION
     
    C/O SMITH BUNDAY BERMAN BRITTON PS
    EIN:
    91-6477106
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    AMOUNTS TAXED, BUT NOT RECEIVED 6,189 7,480 7,480


    TY 2015 OtherExpensesSchedule
    Name:
    SATYA AND RAO REMALA FOUNDATION
     
    C/O SMITH BUNDAY BERMAN BRITTON PS
    EIN:
    91-6477106
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PARKING 396 0 0 396
    BUSINESS EXPENSES 1,073 0 0 1,073
    CREDIT CARD FEES 390 0 0 390


    TY 2015 OtherIncreasesSchedule
    Name:
    SATYA AND RAO REMALA FOUNDATION
     
    C/O SMITH BUNDAY BERMAN BRITTON PS
    EIN:
    91-6477106
    Description Amount
    UNREALIZED GAIN 26,649


    TY 2015 OtherLiabilitiesSchedule
    Name:
    SATYA AND RAO REMALA FOUNDATION
     
    C/O SMITH BUNDAY BERMAN BRITTON PS
    EIN:
    91-6477106
    Description Beginning of Year - Book Value End of Year - Book Value
    CREDIT CARDS PAYABLE 8,753 20,312


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    SATYA AND RAO REMALA FOUNDATION
     
    C/O SMITH BUNDAY BERMAN BRITTON PS
    EIN:
    91-6477106
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISOR 31,106 31,106 0 0


    TY 2015 TaxesSchedule
    Name:
    SATYA AND RAO REMALA FOUNDATION
     
    C/O SMITH BUNDAY BERMAN BRITTON PS
    EIN:
    91-6477106
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX 2,112 2,112 0 0