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
CHANNEL FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)603 STEWART ST NO 415
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SEATTLE, WA98101
A Employer identification number

91-6478055
B Telephone number (see instructions)

(206) 621-5447
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$7,859,640J 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) 1,232,657
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 96,342 96,342  
4 Dividends and interest from securities... 61,399 61,399  
5a Gross rents............      
b Net rental income or (loss) -422
6a Net gain or (loss) from sale of assets not on line 10 17,743
b Gross sales price for all assets on line 6a 1,184,813
7 Capital gain net income (from Part IV, line 2)... 17,743
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)....... Click to see attachment -62,979 -62,979 0
12 Total. Add lines 1 through 11........ 1,345,162 112,505 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 92,654 0 0 92,654
14 Other employee salaries and wages...... 2,599 0 0 2,599
15 Pension plans, employee benefits....... 11,946 0 0 11,946
16a Legal fees (attach schedule)......... Click to see attachment 845 0 0 845
b Accounting fees (attach schedule)....... Click to see attachment 11,532 5,767 0 5,765
c Other professional fees (attach schedule).... Click to see attachment 8,304 8,243 0 61
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 8,967 739 0 7,587
19 Depreciation (attach schedule) and depletion... 32,101 32,101 0
20 Occupancy.............. 6,411 0 0 6,411
21 Travel, conferences, and meetings....... 3,826 0 0 3,826
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 26,370 1,513 0 24,970
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 205,555 48,363 0 156,664
25 Contributions, gifts, grants paid....... 766,201 766,201
26 Total expenses and disbursements. Add lines 24 and 25 971,756 48,363 0 922,865
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 373,406
b Net investment income (if negative, enter -0-) 64,142
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......... 1,069,553 623,401 623,401
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) bullet100,000
Less: allowance for doubtful accounts bullet0 0 100,000 100,000
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........   2,239 2,239
10a Investments—U.S. and state government obligations (attach schedule) 800,317 Click to see attachment1,008,719 1,008,719
b Investments—corporate stock (attach schedule)....... 2,254,141 Click to see attachment2,790,141 2,790,141
c Investments—corporate bonds (attach schedule)....... 1,134,528 Click to see attachment1,134,040 1,134,040
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 446,075 Click to see attachment366,824 366,824
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment1,957,263 Click to see attachment1,834,276 Click to see attachment1,834,276
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,661,877 7,859,640 7,859,640
Liabilities 17 Accounts payable and accrued expenses.......... 3,279 2,517
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 attachment956 Click to see attachment0
23 Total liabilities (add lines 17 through 22)......... 4,235 2,517
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 7,657,642 7,857,123
30 Total net assets or fund balances (see instructions)..... 7,657,642 7,857,123
31 Total liabilities and net assets/fund balances (see instructions). 7,661,877 7,859,640
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
7,657,642
2
Enter amount from Part I, line 27a .....................
2
373,406
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
8,031,048
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
173,925
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
7,857,123
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 50,000SHS AIRGAS INC 3.25%   2010-11-08 2015-09-14
b 50,000SHS JP MORGAN CHASE 5.15% 20   2008-11-04 2015-10-01
c 50,000 SHS PROCTER & GAMBLE 4.85%   2006-01-26 2015-12-15
d 50,000SHS AFLAC INC 8.50%MAY15 19   2009-05-27 2015-04-13
e 1,090SHS AT&T INC   2007-03-02 2015-08-24
150SHS AT&T INC   2007-02-20 2015-08-24
570SHS AT&T INC   2006-12-20 2015-08-24
264SHS AT&T INC   2006-12-14 2015-08-24
50,000SHS JP MORGAN CHASE & 5.25%   2003-08-26 2015-05-01
330SHS NUCOR CORPORATION   2007-06-04 2015-08-24
110SHS NUCOR CORPORATION   2007-02-20 2015-08-24
210SHS NUCOR CORPORATION   2006-12-13 2015-08-24
70SHS NUCOR CORPORATION   2006-10-25 2015-08-24
6,369SHSTRANS GLOBAL EQUITY C   2011-11-07 2015-08-25
500SHS ADOBE SYS DEL PV$ 0.001   2015-01-09 2015-08-24
1,000SHS NUCOR CORPORATION   2015-07-20 2015-08-24
640SHS CISCO SYSTEMS INC COM   2007-01-11 2015-08-24
200SHS EXELIS INC SHS   2008-11-20 2015-06-01
200SHS EXELIS INC SHS   2008-09-19 2015-06-01
200SHS EXELIS INC SHS   2008-07-15 2015-06-01
200SHS EXELIS INC SHS   2008-07-10 2015-06-01
200SHS EXELIS INC SHS   2008-07-10 2015-06-01
510SHS SAFEWAY INC NEW   2007-03-02 2015-02-02
110SHS SAFEWAY INC NEW   2007-02-20 2015-02-02
400SHS SAFEWAY INC NEW   2007-02-05 2015-02-02
11SHS VECTRUS INC SHS   2008-11-20 2015-08-24
11SHS VECTRUS INC SHS   2008-09-19 2015-08-24
11SHS VECTRUS INC SHS   2008-07-15 2015-08-24
11SHS VECTRUS INC SHS   2008-07-10 2015-08-24
11SHS VECTRUS INC SHS   2008-07-10 2015-08-24
10,000SHS WISCONSIN HSG & EDA HSG   2013-07-15 2015-10-01
200SHS XYLEM INC SHS   2008-07-10 2015-08-24
200SHS XYLEM INC SHS   2008-07-10 2015-08-24
640SHS COCA COLA COM   2015-01-09 2015-01-12
540SHS COSTCO WHOLESALE CRP DEL   2015-01-09 2015-01-12
102SHS HARRIS CORP DEL   2015-06-02 2015-08-24
670SHS JOHNSON AND JOHNSON COM   2015-01-09 2015-01-12
120SHS JOHNSON AND JOHNSON COM   2015-01-09 2015-01-12
500SHS KANSAS CITY SOUTHERN   2015-01-09 2015-01-12
600SHS KROGER CO   2015-01-09 2015-01-12
900SHS NORFOLK SOUTHERN CORP   2015-01-09 2015-01-12
300SHS PEPSICO INC   2015-01-09 2015-01-12
584SHS TRAVELERS COS INC   2015-01-09 2015-01-12
800SHS UNION PACIFIC CORP   2015-01-09 2015-01-12
CAPITAL GAINS DIVIDENDS P    
(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 50,000   50,000 0
b 50,000   50,000 0
c 50,000   50,000 0
d 63,562   51,314 12,248
e 35,197   40,122 -4,925
4,844   5,637 -793
18,406   19,612 -1,206
8,525   9,299 -774
50,000   49,390 610
13,705   22,499 -8,794
4,568   7,076 -2,508
8,721   12,590 -3,869
2,907   4,166 -1,259
64,900   57,066 7,834
37,376   35,920 1,456
41,529   43,190 -1,661
16,326   18,394 -2,068
4,949   1,662 3,287
4,949   2,516 2,433
4,949   2,516 2,433
4,949   2,619 2,330
4,949   2,619 2,330
18,352   17,459 893
3,958   4,070 -112
14,393   14,396 -3
281   118 163
281   178 103
281   178 103
281   185 96
281   185 96
10,000   9,950 50
6,256   6,956 -700
6,256   6,956 -700
27,387   27,539 -152
77,005   77,393 -388
7,767   8,080 -313
70,593   70,310 283
12,643   12,593 50
56,829   57,125 -296
39,431   39,504 -73
91,726   92,853 -1,127
29,113   29,046 67
61,682   61,805 -123
90,953   91,984 -1,031
13,753     13,753
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       0
b       0
c       0
d       12,248
e       -4,925
      -793
      -1,206
      -774
      610
      -8,794
      -2,508
      -3,869
      -1,259
      7,834
      1,456
      -1,661
      -2,068
      3,287
      2,433
      2,433
      2,330
      2,330
      893
      -112
      -3
      163
      103
      103
      96
      96
      50
      -700
      -700
      -152
      -388
      -313
      283
      50
      -296
      -73
      -1,127
      67
      -123
      -1,031
      13,753
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 17,743
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 765,126 5,981,224 0.127921
2013 880,382 5,726,641 0.153734
2012 810,460 5,752,498 0.140888
2011 582,171 5,974,024 0.097450
2010 441,074 5,564,003 0.079273
2
Total of line 1, column (d) .....................
20.599266
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
0.119853
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
6,173,079
5
Multiply line 4 by line 3......................
5
739,862
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
641
7
Add lines 5 and 6........................
7
740,503
8
Enter qualifying distributions from Part XII, line 4.............
8
922,865
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 1 641
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........................... 3 641
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- ..... 5 641
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 2,880
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 2,880
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 2,239
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet2,239 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
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.CHANNELFOUNDATION.ORG
    14
    The books are in care ofbulletSHERIDA BORNFLETH Telephone no.bullet (206) 621-5447

    Located atbullet603 STEWART ST STE 415SEATTLEWA ZIP+4bullet98101
    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
     
    No
    ........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
    ELAINE NONNEMAN TRUSTEE
    10.00     		0 0 0
    603 STEWART ST STE 415
    SEATTLE,WA98101
    KATRIN WILDE EXECUTIVE DIRECTOR
    40.00     		92,654 11,947 0
    603 STEWART ST STE 415
    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 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  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    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
    4,987,238
    b
    Average of monthly cash balances.......................
    1b
    1,279,847
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,267,085
    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
    6,267,085
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    94,006
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,173,079
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    308,654
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    308,654
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    641
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    641
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    308,013
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    308,013
    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
    308,013
    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
    922,865
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    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
    922,865
    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
    641
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    922,224
    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 7 308,013
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010...... 165,814
    b From 2011...... 286,976
    c From 2012...... 526,479
    d From 2013...... 597,848
    e From 2014...... 471,813
    fTotal of lines 3a through e........ 2,048,930
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 922,865
    a Applied to 2014, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2015 distributable amount..... 308,013
    e Remaining amount distributed out of corpus 614,852
    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 2,663,782
    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 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		165,814
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		2,497,968
    10 Analysis of line 9:
    a Excess from 2011.... 286,976
    b Excess from 2012.... 526,479
    c Excess from 2013.... 597,848
    d Excess from 2014.... 471,813
    e Excess from 2015.... 614,852
    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).)
    ELAINE NONNEMAN
    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
    CULTURAL SURVIVAL
    2067 MASSACHUSETTS AVE
    CAMBRIDGE,MA02140     		NONE PUBLIC CHARITY 1ST CENTRAL AMERICAN INDIGENOUS COMMUNITY RADIO CONFERENCE 5,000
    WOMEN ENABLED INTERNATIONAL
    1875 CONNECTICUT AVE NW
    WASHINGTON,DC20009     		NONE PUBLIC CHARITY ADVOCACY TOOLKIT FOR WOMEN/GIRLS WITH DISABILITIES 25,000
    AMERICAN IRELAND FUND
    211 CONGRESS ST
    BOSTON,MA02110     		NONE PUBLIC CHARITY FRONT LINE DEFENDERS - WOMEN HUMAN RIGHTS DEFENDERS SECURITY TRAINING IN AFGHANISTAN 15,000
    ASSOCIATION FOR WOMEN'S RIGHTS IN DEVELOPMENT
    215 SPADINA AVE SUITE 150
    TORONTO,ONTARIOM5T 1V6
    CA     		NONE PUBLIC CHARITY WOMENS HUMAN RIGHTS DEFENDERS MENA COALITION MEETING AND ACCESS FUND FOR INTERNATIONAL FORUM ON WOMENS RIGHTS AND DEVELOPMENT. (2 GIFTS) 35,000
    COLORADO NON-PROFIT DEVELOPMENT CENTER
    789 SHERMAN ST 250
    DENVER,CO80203     		NONE PUBLIC CHARITY WOMENS REGIONAL NETWORK 25,000
    CONSORCIO PARA EL DIALOGO PARLAMENTARIO Y LA EQUIDAD OAXACA AC
    SANTO TOMAS 209 COL XOCHIMILCO CP
    OAXACA   68040
    MX     		NONE PUBLIC CHARITY EQUIV GBV AND INTEGRATED PROTECTION FOR WHRDS 20,000
    CREA
    116 E 16TH ST 7TH FLOOR
    NEW YORK,NY10003     		NONE PUBLIC CHARITY SEXUALITY, GENDER, & RIGHTS INSTITUTE & FEMINIST LEADERSHIP, MOVEMENT BUILDING AND RIGHTS INSTITUTE SUPPORT 25,000
    CREATING HOPE INTERNATIONAL
    PO BOX 1058
    DEARBORN,MI48121     		NONE PUBLIC CHARITY AFGHAN INSTITUTE OF LEARNING - HUMAN RIGHTS LEADERSHIP TRAINING 25,000
    FONDO CENTROAMERICANO DE MUJERES
    ROTONDA EL GUEGUENSE 4 CUADRAS AL
    OESTE 1 CUADRA AL NORTE
    MANAGUA    
    NU     		NONE PUBLIC CHARITY EQUIV INDIGENOUS WOMEN'S RIGHTS IN GUATEMALA 30,000
    FUND FOR GLOBAL HUMAN RIGHTS
    1301 CONNECTICUT AVE SW STE 400
    WASHINGTON,DC20036     		NONE PUBLIC CHARITY WOMENS RIGHTS & LEADERSHIP IN SUB-SAHARAN AFRICA 30,000
    FUNDACION MERCED QUERETARO
    CERRO DE LA ESTRELLA 133 COLONIA
    COLINAS DEL CIMATARIO QUERETARO
    QUERETARO   76090
    MX     		NONE PUBLIC CHARITY EQUIV ROBIN MEXICANA & SYZ EMPLOYEE EDUC RESOURCE FUND 17,000
    GLOBAL FUND FOR WOMEN
    800 MARKET ST 7TH FLOOR
    SAN FRANCISCO,CA94102     		NONE PUBLIC CHARITY WOMENS HUMAN RIGHTS IN MIDDLE EAST & N AFRICA 30,000
    GLOBAL PRESS INSTITUTE
    25 TAYLOR ST 6TH FLOOR
    SAN FRANCISCO,CA94102     		NONE PUBLIC CHARITY SUPPORTING ASIA DESKS & 2 EDITORIAL INITIATIVES 30,000
    INST FOR JUSTICE & DEMOCRACY IN HAITI
    666 DORCHESTER AVE
    BOSTON,MA02127     		NONE PUBLIC CHARITY RAPE ACCOUNTABILITY & PREVENTION PROJECT 25,000
    INTERNATIONAL CIVIL SOCIETY ACTION NETWORK
    1779 MASSACHUSETTS AVE NW STE 710
    WASHINGTON,DC20036     		NONE PUBLIC CHARITY GLOBAL NETWORK OF WOMENS PEACEBUILDERS PROJECT 25,000
    INTERNATIONAL CIVIL SOCIETY ACTION NETWORK
    1779 MASSACHUSETTS AVE NW STE 710
    WASHINGTON,DC20036     		NONE PUBLIC CHARITY SOUTH/SOUTH CAPACITY BUILDING EXCHANGES MENA & SMALL SEED GRANTS-ASIA REGION 30,000
    IPAS
    300 MARKET ST SUITE 200
    CHAPEL HILL,NC27516     		NONE PUBLIC CHARITY REPRODUCTIVE RIGHTS ISSUES VIA COMMUNITY PARTNERS & REPRODUCTIVE JUSTICE ALLIANCE (RESURJ ALLIANCE) 50,000
    JUST ASSOCIATES
    2040 S ST NW 300
    WASHINGTON,DC20009     		NONE PUBLIC CHARITY MOVEMENT BUILDING IN MESOAMERICA REGION 30,000
    MOBILITY INTERNATIONAL USA
    132 E BROADWAY SUITE 343
    EUGENE,OR97401     		NONE PUBLIC CHARITY WILD SEEDS GRANTS PROGRAM 30,000
    PEACE DEVELOPMENT FUND
    44 N PROSPECT ST PO BOX 1280
    AMHERST,MA01002     		NONE PUBLIC CHARITY WOMEN CROSS DMZ 15,000
    TIDES FOUNDATION
    1014 TORNEY AVE
    SAN FRANCISCO,CA94129     		NONE PUBLIC CHARITY FRIDA - THE YOUNG FEMINIST FUND 30,000
    UNIVERSITY OF TORONTO
    CENTRE FOR WOMENS STUDIES IN
    EDUCATION 252 BLOOR ST W ROOM 2-022
    TORONTO,M5S 1V6  
    CA     		NONE PUBLIC CHARITY EQUIV WOMENS HUMAN RIGHTS EDUCATION INSTITUTE AT CENTER FOR WOMENS STUDIES IN EDUCATION 29,000
    URGENT ACTION FUND
    660 13TH ST STE 200
    OAKLAND,CA94612     		NONE PUBLIC CHARITY WOMEN'S & LBTQI HUMAN RIGHTS DEFENDERS IN ASIA 30,000
    WOMEN'S INTERNATIONAL LEAGUE FOR PEACE & FREEDOM
    777 UNITED NATIONS PLAZA 6TH FLOOR
    NEW YORK,NY10017     		NONE PUBLIC CHARITY HUMAN RIGHTS PROGRAM 25,000
    WOMEN'S LEARNING PARTNERSHIP
    4343 MONTGOMERY AVE SUITE 201
    BETHESDA,MD20814     		NONE PUBLIC CHARITY TRANSNATIONAL WOMEN'S RIGHTS ADVOCACY CAMPAIGNS 30,000
    WOMEN'S LINK WORLDWIDE
    195 PLYMOUTH ST STE 416
    BROOKLYN,NY11201     		NONE PUBLIC CHARITY REPRODUCTIVE RIGHTS ADVOCACY CAMPAIGNS 25,000
    WORLD PULSE
    1006 SE GRAND AVE STE 200
    PORTLAND,OR97214     		NONE PUBLIC CHARITY DIGITAL TRAINING PROGRAMS FOR WOMEN 20,000
    WOMEN'S FUNDING NETWORK
    156 2ND ST
    SAN FRANCISCO,CA94105     		NONE PUBLIC CHARITY SUPPORT GLOBAL SOUTH ATTENDEES AT 30TH ANNIVERSARY CONFERENCE 2,500
    INTERNATIONAL FUNDERS FOR INDIGENOUS PEOPLES
    PO BOX 29184
    SAN FRANCISCO,CA94129     		NONE PUBLIC CHARITY SUPPORT INDIGENOUS WOMAN SPEAKER AT NW REGIONAL MEETING 1,000
    INTERNATIONAL HUMAN RIGHTS INITIATIVE
    PO BOX 590317
    NEWTON CENTRE,MA02459     		NONE PUBLIC CHARITY WOMEN LIVING UNDER MUSLIM LAWS 25,000
    INTERNATIONAL WOMEN'S RIGHTS ACTION WATCH ASIA PACIFIC
    10-2 JALAN BANGSAR UTAMA 9
    KUALA LUMPUR   59000
    MY     		NONE PUBLIC CHARITY EQUIV WOMENS GROUPS/NGOS IN ARMENIA & USE OF CEDAW REVIEW PROCESS 30,000
    CHIRPAQ - RETURNED GRANT - CHANGE IN EXCHANGE RATE WITH PERU
    CENTRO DE CULTURAS INDEGENAS DE
    PERU HORACIO URTEAGA 534-203
    LIMA   11
    PE     		NONE PUBLIC CHARITY EQUIV INTERNATIONAL INDIGENOUS WOMENS FORM, RETURNED WIRE, CHANGE IN EXCHANGE RATE. 1,701
    Total .................................bullet 3a 766,201
    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 96,342  
    4 Dividends and interest from securities....     14 61,399  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......     41 -422  
    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 17,743  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aGAMECHANGER ORDINARY     		    14 -63,018  
    bCASH IN LIEU     14 39  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 112,083 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13112,083
    (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
    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
    CHANNEL FOUNDATION
     
    Employer identification number

    91-6478055
    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
    CHANNEL FOUNDATION
          		Employer identification number
    91-6478055
    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
     
     

    ELAINE NONNEMAN  
    603 STEWART ST APT 415
     
    SEATTLE, WA98101

    		$ 1,232,657


    (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
    CHANNEL FOUNDATION
          		Employer identification number

    91-6478055
    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
    		 PUBLICLY TRADED STOCK $ 1,232,657 2015-11-30
    (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
    CHANNEL FOUNDATION
          		Employer identification number

    91-6478055
    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:
    CHANNEL FOUNDATION
    EIN:
    91-6478055
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BOOKKEEPING 9,063 4,532 0 4,531
    ACCOUNTING 2,469 1,235 0 1,234

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    CHANNEL FOUNDATION
    EIN:
    91-6478055
    Name of Bond End of Year Book Value End of Year Fair Market Value
    MERRILL LYNCH CORPORATE BONDS 832,819 832,819
    SECURITIES AMERICA - CORP BONDS 301,221 301,221

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    CHANNEL FOUNDATION
    EIN:
    91-6478055
    Name of Stock End of Year Book Value End of Year Fair Market Value
    MERRILL LYNCH CORPORATE STOCK 1,495,251 1,495,251
    SECURITIES AMERICA - EQUITIES 1,294,890 1,294,890

    TY 2015 InvestmentsGovtObligationsSch
    Name:
    CHANNEL FOUNDATION
    EIN:
    91-6478055
    US Government Securities - End of Year Book Value:

    0
    US Government Securities - End of Year Fair Market Value:

    0
    State & Local Government Securities - End of Year Book Value:


    1,008,719
    State & Local Government Securities - End of Year Fair Market Value:


    1,008,719


    TY 2015 InvestmentsOtherSchedule2
    Name:
    CHANNEL FOUNDATION
    EIN:
    91-6478055
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    NEW ALTERNATIVES FUND INC FMV 108,681 108,681
    MERRILL LYNCH MUTUAL FUNDS & DEFINED ASSETS FMV 258,143 258,143

    TY 2015 LegalFeesSchedule
    Name:
    CHANNEL FOUNDATION
    EIN:
    91-6478055
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 845 0 0 845


    TY 2015 OtherAssetsSchedule
    Name:
    CHANNEL FOUNDATION
    EIN:
    91-6478055
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    BENSON EAST LLC 1,795,155 1,762,632 1,762,632
    GAMECHANGER FILM FUND LLC 162,108 71,644 71,644


    TY 2015 OtherDecreasesSchedule
    Name:
    CHANNEL FOUNDATION
    EIN:
    91-6478055
    Description Amount
    UNREALIZED NET CAPITAL LOSS 173,925


    TY 2015 OtherExpensesSchedule
    Name:
    CHANNEL FOUNDATION
    EIN:
    91-6478055
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 1,536 384 0 1,152
    LICENSES/FEES/PERMITS 96 0 0 96
    MEMBERSHIP 5,750 0 0 5,750
    OFFICE MISCELLANEOUS 13,238 0 0 13,350
    POSTAGE/DELIVERY 152 0 0 152
    TELEPHONE/INTERNET 2,826 707 0 2,120
    BANK AND WIRE FEES 180 0 0 180
    EVENT REGISTRATION 1,580 0 0 1,580
    EQUIPMENT 560 0 0 560
    PARKING 30 0 0 30
    LOW INCOME HOUSING (NET LOSS) 422 422   0


    TY 2015 OtherIncomeSchedule2
    Name:
    CHANNEL FOUNDATION
    EIN:
    91-6478055
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    GAMECHANGER ORDINARY -63,018 -63,018 0
    CASH IN LIEU 39 39 0


    TY 2015 OtherLiabilitiesSchedule
    Name:
    CHANNEL FOUNDATION
    EIN:
    91-6478055
    Description Beginning of Year - Book Value End of Year - Book Value
    FEDERAL TAXES 956 0


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    CHANNEL FOUNDATION
    EIN:
    91-6478055
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 8,222 8,222 0 0
    IT SERVICES 82 21 0 61


    TY 2015 TaxesSchedule
    Name:
    CHANNEL FOUNDATION
    EIN:
    91-6478055
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 7,587 0 0 7,587
    FEDERAL EXCISE TAXES 641 0 0 0
    FOREIGN TAXES 739 739 0 0