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.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
ATWOOD FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)301 W NORTHERN LIGHTS BLVD NO 412
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ANCHORAGE, AK99503
A Employer identification number

92-6002571
B Telephone number (see instructions)

(907) 743-2800
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... 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$37,360,427J 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) 978,287
2 Check bullet.............
3 Interest on savings and temporary cash investments 14 14  
4 Dividends and interest from securities... 279,794 1,177,972  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,000,629
b Gross sales price for all assets on line 6a 4,816,204
7 Capital gain net income (from Part IV, line 2)... 3,080,029
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 852,623 165,078  
12 Total. Add lines 1 through 11........ 4,111,347 4,423,093  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 70,000 0   64,167
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 25,773 11,598   14,175
c Other professional fees (attach schedule).... Click to see attachment 228,473 418,725   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 76,085 9,906   0
19 Depreciation (attach schedule) and depletion... 1,594 0  
20 Occupancy.............. 25,018 0   24,961
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 54,275 32,154   21,859
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 481,218 472,383   125,162
25 Contributions, gifts, grants paid....... 2,342,577 1,891,767
26 Total expenses and disbursements. Add lines 24 and 25 2,823,795 472,383   2,016,929
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,287,552
b Net investment income (if negative, enter -0-) 3,950,710
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
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......... 3,610,036 2,710,573 2,710,573
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   60,000    
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) 0 Click to see attachment498,670 498,670
b Investments—corporate stock (attach schedule)....... 12,086,812 Click to see attachment10,593,144 10,593,144
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 24,194,627 Click to see attachment23,533,182 23,533,182
14 Land, buildings, and equipment: basis bullet16,666
Less: accumulated depreciation (attach schedule) bullet8,365 9,896 8,301 8,301
15 Other assets (describe bullet) Click to see attachment16,557 Click to see attachment16,557 Click to see attachment16,557
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 39,977,928 37,360,427 37,360,427
Liabilities 17 Accounts payable and accrued expenses.......... 9,364 257,065
18 Grants payable.................   200,000
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 9,364 457,065
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 39,968,564 36,903,362
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 39,968,564 36,903,362
31 Total liabilities and net assets/fund balances (see instructions). 39,977,928 37,360,427
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
39,968,564
2
Enter amount from Part I, line 27a .....................
2
1,287,552
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
41,256,116
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
4,352,754
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
36,903,362
Form 990-PF (2018)
Form 990-PF (2018)
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 PUBLICLY TRADED SECURITIES      
b ALTERNATIVE INVESTMENTS P    
c CAPITAL GAINS DIVIDENDS P    
d
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 2,525,702   1,736,175 789,527
b 2,273,786     2,273,786
c 16,716     16,716
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       789,527
b       2,273,786
c       16,716
d
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 3,080,029
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))
2017 1,574,148 36,636,786 0.042966
2016 1,410,433 32,437,297 0.043482
2015 1,503,230 33,318,116 0.045117
2014 1,326,249 32,098,703 0.041318
2013 1,771,767 28,144,968 0.062951
2
Total of line 1, column (d) .....................
2
0.235834
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.047167
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
39,545,973
5
Multiply line 4 by line 3......................
5
1,865,265
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
39,507
7
Add lines 5 and 6........................
7
1,904,772
8
Enter qualifying distributions from Part XII, line 4,.............
8
2,016,929
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 (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 39,507
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 39,507
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 39,507
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 75,237
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 75,237
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
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 35,730
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet35,730 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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)
    bulletAK
    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 2018 or the taxable year beginning in 2018? See the 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 (2018)
    Form 990-PF (2018)
    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.ATWOODFOUNDATION.ORG
    14
    The books are in care ofbulletLATASH INVESTMENTS LLC Telephone no.bullet (907) 743-2800

    Located atbullet301 W NORTHERN LIGHTS BLVD 412ANCHORAGEAK ZIP+4bullet99503
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, 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 the instructions for exceptions and filing requirements for FinCEN Form 114. 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 2018?.............
    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 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    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 2018 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 2018.)..................
    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 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    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:
    Yes
    No
    (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
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    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
    EDWARD RASMUSON CHAIRMAN
    1.50     		0 0 0
    301 W NORTHERN LIGHTS BLVD 412
    ANCHORAGE,AK99503
    DAVID TOBIN VICE CHAIRMAN
    0.50     		0 0 0
    301 W NORTHERN LIGHTS BLVD 412
    ANCHORAGE,AK99503
    NANCY HARBOUR TREASURER
    1.50     		0 0 0
    301 W NORTHERN LIGHTS BLVD 412
    ANCHORAGE,AK99503
    CAROLYN HEYMAN SECRETARY
    0.50     		0 0 0
    301 W NORTHERN LIGHTS BLVD 412
    ANCHORAGE,AK99503
    MEGAN BALDINO DIRECTOR
    0.50     		0 0 0
    301 W NORTHERN LIGHTS BLVD 412
    ANCHORAGE,AK99503
    MARIA DOWNEY DIRECTOR
    0.50     		0 0 0
    301 W NORTHERN LIGHTS BLVD 412
    ANCHORAGE,AK99503
    SPENCER SHROYER DIRECTOR
    0.50     		0 0 0
    301 W NORTHERN LIGHTS BLVD 412
    ANCHORAGE,AK99503
    TIM THOMPSON DIRECTOR
    0.50     		0 0 0
    301 W NORTHERN LIGHTS BLVD 412
    ANCHORAGE,AK99503
    NATASHA VON IMHOF DIRECTOR
    0.50     		0 0 0
    301 W NORTHERN LIGHTS BLVD 412
    ANCHORAGE,AK99503
    IRA PERMAN MANAGER
    18.00     		64,167 0 0
    301 W NORTHERN LIGHTS BLVD 412
    ANCHORAGE,AK99503
    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
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    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
    LATASH INVESTMENTS LLC INVESTMENT MANAGEMENT 188,666
    301 W NORTHERN LIGHTS BLVD 412
    ANCHORAGE,AK99503
    NEWSBANK INC GRANTS ARCHIVAL 125,405
    PO BOX 1130
    CHESTER,VT05143
    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 (2018)
    Form 990-PF (2018)
    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
    23,565,799
    b
    Average of monthly cash balances.......................
    1b
    3,411,843
    c
    Fair market value of all other assets (see instructions)................
    1c
    13,170,554
    d
    Total (add lines 1a, b, and c).........................
    1d
    40,148,196
    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
    40,148,196
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    602,223
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    39,545,973
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,977,299
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,977,299
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    39,507
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    39,507
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,937,792
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,937,792
    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
    1,937,792
    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
    2,016,929
    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
    2,016,929
    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
    39,507
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,977,422
    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 (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 1,937,792
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 98,431
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........ 98,431
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 2,016,929
    a Applied to 2017, 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 2018 distributable amount..... 1,937,792
    e Remaining amount distributed out of corpus 79,137
    5 Excess distributions carryover applied to 2018. 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 5 177,568
    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 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		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
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		98,431
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		79,137
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018.... 79,137
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 2018, 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) 2018 (b) 2017 (c) 2016 (d) 2015
             
    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 foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    ATWOOD FOUNDATION ATTN IRA PERMAN
    301 W NORTHERN LIGHTS BLVD 440
    ANCHORAGE,AK99503
    (907) 274-4900
    bThe form in which applications should be submitted and information and materials they should include:
    WRITTEN REQUEST STATING NEEDS
    cAny submission deadlines:
    DECEMBER 31 ANNUALLY
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    TAX-EXEMPT CHARITABLE ORGANIZATIONS, ALASKAN ORGANIZATIONS PREFERRED
    Form 990-PF (2018)
    Form 990-PF (2018)
    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
    AFFINITY FILMS INC
    PO BOX 91182
    ANCHORAGE,AK99509     		  PC COMPLETING VIDEO DOCUMENTARY 15,000
    ALASKA ARTS & CULTURE FOUNDATION
    PO BOX 101883
    ANCHORAGE,AK99510     		  PC 2018 STATEWIDE ARTS CONFERENCE 10,000
    ALASKA ARTS SOUTHEAST INC
    PO BOX 3086
    SITKA,AK99835     		  PC 2018 SUMMER CAMP SCHOLARSHIPS 15,000
    ALASKA AVIATION HERITAGE MUSEUM
    4721 AIRCRAFT DRIVE
    ANCHORAGE,AK99502     		  PC EXHIBIT BATTLE OF ATTU: CASAS, SIGNAGE, DISPLAYS 13,000
    ALASKA AVIATION HERITAGE MUSEUM
    4721 AIRCRAFT DRIVE
    ANCHORAGE,AK99502     		  PC EARTHQUAKE RECOVERY 5,000
    ALASKA BOTANICAL GARDEN INC
    4601 CAMPBELL AIRSTRIP ROAD
    ANCHORAGE,AK99507     		  PC WINTER/HOLIDAY LIGHTS 10,000
    ALASKA COMMUNITY FOUNDATION
    3201 C STREET SUITE 110
    ANCHORAGE,AK99503     		  PC ASD CLASSROOM ART PROJECTS 5,000
    ALASKA COMMUNITY FOUNDATION
    3201 C STREET SUITE 110
    ANCHORAGE,AK99503     		  PC EARTHQUAKE RECOVERY 2,000
    ALASKA DANCE THEATRE
    550 EAST 33RD AVENUE
    ANCHORAGE,AK99503     		  PC ADT'S PERFORMING COMPANY 20,000
    ALASKA HUMANITIES FORUM
    421 WEST FIRST AVENUE SUITE 200
    ANCHORAGE,AK99501     		  PC LEADERSHIP ANCHORAGE 10,000
    ALASKA JAZZ WORKSHOP
    1600 WOLVERINE STREET
    ANCHORAGE,AK99504     		  PC 2018 JAZZ CAMP 5,000
    ALASKA JUNIOR THEATER
    430 WEST SEVENTH AVENUE SUITE 30
    ANCHORAGE,AK99501     		  PC 2018/19 SEASON SUPPORT 55,000
    ALASKA JUNIOR THEATER
    430 WEST SEVENTH AVENUE SUITE 30
    ANCHORAGE,AK99501     		  PC EARTHQUAKE RECOVERY 20,000
    ALASKA MUSIC ARCHIVES
    355 WEST POTTER DRIVE
    ANCHORAGE,AK99518     		  PC DIGITIZE THE PRESERVE ALASKA FESTIVAL OF MUSIC AND ANCHORAGE SYMPHONY RECORDINGS 17,000
    ALASKA NATIVE HERITAGE CENTER
    8800 HERITAGE CENTER DRIVE
    ANCHORAGE,AK99504     		  PC SUMMER 2018: MASTER ARTISTS AND MASTER APPRENTICESHIPS PROGRAM 15,000
    ALASKA PACIFIC UNIVERSITY
    4101 UNIVERSITY DRIVE
    ANCHORAGE,AK99508     		  PC ATWOOD CENTER - EXTERIOR REFURBISHMENT 120,000
    ALASKA PACIFIC UNIVERSITY
    4101 UNIVERSITY DRIVE
    ANCHORAGE,AK99508     		  PC ATWOOD CENTER - EXTERIOR REFURBISHMENT 120,000
    ALASKA PACIFIC UNIVERSITY
    4101 UNIVERSITY DRIVE
    ANCHORAGE,AK99508     		  PC ATWOOD DISTINGUISHED SCHOLARS PROGRAM 150,000
    ALASKA SCHOOL ACTIVITIES ASSOCIATION
    4048 LAUREL STREET SUITE 203
    ANCHORAGE,AK99508     		  PC ASAA ALL-STATE AND SOLO & ENSEMBLE MUSIC FESTIVALS 12,000
    ALASKA SOUND CELEBRATION
    PO BOX 91749
    ANCHORAGE,AK99509     		  PC VISITING A CAPPELLA INSTRUCTOR 6,000
    ALASKA STRING CAMPS INC
    PO BOX 770057
    ANCHORAGE,AK99577     		  PC GUEST CONDUCTOR HONORARIUM AND TRAVEL 2,814
    ALASKA WORLD AFFAIRS COUNCIL
    406 G STREET SUITE 207
    ANCHORAGE,AK99501     		  PC MARKETING/DEVELOPMENT PLAN PART 2 22,500
    ALASKA WORLD AFFAIRS COUNCIL
    406 G STREET SUITE 207
    ANCHORAGE,AK99501     		  PC 60TH ANNIVERSARY PROJECTS/EVENTS 10,000
    ALASKA YOUTH ORCHESTRAS
    PO BOX 240541
    ANCHORAGE,AK99524     		  PC CONCERT SPONSORSHIP AND MUSIC COACHING PROGRAM 12,000
    ANCHOR-AGE CENTER INC
    1300 EAST 19TH AVENUE
    ANCHORAGE,AK99501     		  PC PERFORMING AND VISUAL ART ACTIVITIES AT ASAC IN 2018 10,000
    ANCHORAGE CIVIC ORCHESTRA
    PO BOX 233256
    ANCHORAGE,AK99523     		  PC GENERAL SUPPORT 2018/19 SEASON 3,000
    ANCHORAGE COMMUNITY THEATRE
    1133 EAST 70TH AVENUE
    ANCHORAGE,AK99518     		  PC 2018/19 SEASON SUPPORT 14,000
    ANCHORAGE CONCERT ASSOCIATION
    430 WEST SEVENTH AVENUE SUITE 200
    ANCHORAGE,AK99501     		  PC COMMUNITY ENGAGEMENT ACTIVITIES 50,000
    ANCHORAGE CONCERT CHORUS
    PO BOX 100364
    ANCHORAGE,AK99510     		  PC OCTOBER 2018 CONCERT SPONSORSHIP 20,000
    ANCHORAGE CONCERT CHORUS
    PO BOX 100364
    ANCHORAGE,AK99510     		  PC EARTHQUAKE RECOVERY 7,000
    ADP COMMUNITY SERVICES
    333 WEST FOURTH AVENUE SUITE 317
    ANCHORAGE,AK99501     		  PC MULTIPLE DOWNTOWN ARTS ACTIVITIES 12,000
    ANCHORAGE FAIRS AND FESTIVALS
    1100 EAST THIRD AVENUE
    ANCHORAGE,AK99501     		  PC 25TH ANNIVERSARY MILITARY APPRECIATION LUNCH AND PUBLIC PICNIC 10,500
    ANCHORAGE FESTIVAL OF MUSIC
    PO BOX 100272
    ANCHORAGE,AK99510     		  PC CONCERT: IRVING BERLIN'S 1937 VISIT TO ALASKA 1,665
    ANCHORAGE FINE ARTS SOCIETY
    6910 CATINE CIRCLE
    ANCHORAGE,AK99507     		  PC 6TH ANNUAL CHAMBER MUSIC FESTIVAL AND INTENSIVE 5,000
    ANCHORAGE FINE ARTS SOCIETY
    6910 CATINE CIRCLE
    ANCHORAGE,AK99507     		  PC CHECHAKOS DVD PROJECT 10,000
    ANCHORAGE INTERNATIONAL FILM FESTIVAL
    200 WEST 34TH AVENUE BOX 136
    ANCHORAGE,AK99503     		  PC FILMMAKER TRAVEL EXPENSES AND STAFF/BOARD TRAINING 5,500
    ANCHORAGE INTERNATIONAL FILM FESTIVAL
    200 WEST 34TH AVENUE BOX 136
    ANCHORAGE,AK99503     		  PC EARTHQUAKE RECOVERY 6,000
    INTERNATIONAL ASSOCIATION OF LIONS CLUBS
    PO BOX 90375
    ANCHORAGE,AK99517     		  PC FOLKLORIC DRESSES AND REGALIA FOR XOCHIQUETZAL-TIQUN MEXICAN FOLKLORIC BALLET OF ALASKA 4,500
    ANCHORAGE MUSEUM ASSOCIATION
    625 C STREET
    ANCHORAGE,AK99501     		  PC 2018 SUPPORT: SEED LAB, EDUCATION PROGRAM STUDENT ADMISSION, MAJOR EXHIBIT: AIVUQ & NANUQ 100,000
    ANCHORAGE OPERA
    1507 SPAR AVENUE
    ANCHORAGE,AK99501     		  PC 2018/19 SEASON SUPPORT 75,000
    ANCHORAGE PARK FOUNDATION
    3201 C STREET SUITE 110
    ANCHORAGE,AK99503     		  PC RAY TROLL DESIGN OF DINOSAUR PLAYGROUND 10,000
    ANCHORAGE SYMPHONY ORCHESTRA
    400 D STREET SUITE 230
    ANCHORAGE,AK99501     		  PC SEASON SUPPORT 2018/19 70,000
    ARMED SERVICES YMCA OF ALASKA
    PO BOX 6272
    JBER,AK99506     		  PC ATWOOD MILITARY LOUNGE AT AIRPORT 15,000
    ASIAN ALASKAN CULTURAL CENTER
    PO BOX 243032
    ANCHORAGE,AK99524     		  PC FEE AND PRODUCTION COST OF FOLKLORICO THAI PERFORMING ARTS GROUP 10,000
    BIRCHWOOD CAMP OF THE ALASKA METHODIST CONFERENCE
    PO BOX 670049
    CHUGIAK,AK99567     		  PC EXPANSION OF SUMMER MUSIC, ART DRAMA AND DANCE CAMP 5,000
    BUNNELL STREET ARTS CENTER
    106 WEST BUNNELL STREET
    HOMER,AK99603     		  PC ALAXSXA/ALASKA IN ANCHORAGE DURING AFN CONFERENCE 12,000
    CAMP FIRE USA ALASKA COUNCIL
    3331 LAKE OTIS PARKWAY
    ANCHORAGE,AK99508     		  PC EARTHQUAKE RECOVERY 10,000
    COVENANT HOUSE OF ALASKA
    PO BOX 100620
    ANCHORAGE,AK99510     		  PC ACPA TICKETS FOR HOMELESS YOUTH 12,000
    CYRANO'S THEATER COMPANY
    3800 DEBARR ROAD
    ANCHORAGE,AK99508     		  PC 2018/19 SEASON SUPPORT 42,500
    CYRANO'S THEATER COMPANY
    3800 DEBARR ROAD
    ANCHORAGE,AK99508     		  PC CAPITAL PROJECTS PHASE 2 22,900
    ENLACES
    PO BOX 93466
    ANCHORAGE,AK99509     		  PC SPANISH LANGUAGE CULTURAL CALENDAR 2,500
    FORAKER GROUP
    161 KLEVIN STREET SUITE 101
    ANCHORAGE,AK99508     		  PC NEW RADIO TRANSMITTER AND OTHER EQUIPMENT FOR KONR 5,000
    FORAKER GROUP
    161 KLEVIN STREET SUITE 101
    ANCHORAGE,AK99508     		  PC CAPACITY BUILDING FUND 20,000
    FOUR VALLEYS COMMUNITY SCHOOL
    PO BOX 790
    GIRDWOOD,AK99587     		  PC START A DANCE PROGRAM IN GIRDWOOD: SCHOLARSHIPS AND INSTRUCTOR MILEAGE 4,833
    GIRDWOOD ART INSTITUTE
    PO BOX 1034
    GIRDWOOD,AK99587     		  PC COMIC INTENSIVE AUG 2018 3,000
    GIRLS ROCK CAMP ALASKA
    PO BOX 231232
    ANCHORAGE,AK99523     		  PC SCHOLARSHIPS AND SUPPLIES SUMMER 2018 5,000
    GOVERNMENT HILL COMMONS
    1057 FIREWEED LANE SUITE 100
    ANCHORAGE,AK99503     		  PC 15'X100' MURAL BY LOCAL ARTIST LYNDA ENFANTE-LYONS 8,000
    INSIDE OUT MEDIA
    1431 TRESTLE GLEN ROAD
    OAKLAND,CA94610     		  PC PRODUCE EXHIBIT OF EASWEARD MUYBRIDGE'S HISTORIC PHOTOGRAPHS OF ALASKA FOR ALASKAN MUSEUM TOUR 15,000
    IRISH CLUB OF ALASKA
    PO BOX 241854
    ANCHORAGE,AK99524     		  PC IRISH MUSIC FESTIVAL AND CONCERTS AT APU 2,500
    JAPANESE AMERICAN CITIZENS LEAGUE
    UAA LIBRARY 3211 PROVIDENCE DRIVE
    ANCHORAGE,AK99508     		  PC 3-DAY COMMEMORATIVE EVENT: 75TH ANNIVERSARY OF THE BATTLE OF ATTU 6,600
    KENAI PENINSULA COLLEGE
    533 EAST PIONEER AVENUE
    HOMER,AK99603     		  GOV 2018 KACHENAK BAY WRITER'S CONFERENCE - KACHEMAK BAY CAMPUS 3,300
    KEYS TO LIFE
    200 WEST 34TH AVENUE SUITE 902
    ANCHORAGE,AK99503     		  PC LULLABY PROJECT 2018 12,000
    KOAHNIC BROADCAST COMPANY
    3600 SAN JERONIMO DRIVE SUITE 480
    ANCHORAGE,AK99508     		  PC PRODUCTION AND DISTRIBUTION OF NATIVE HIP HOP 15,000
    MOMENTUM DANCE COLLECTIVE
    PO BOX 230291
    ANCHORAGE,AK99523     		  PC SEASON 11, SPRING 2019 CONCERT 20,000
    NATIONAL ASSOCIATION OF TEACHERS SINGING INC
    1382 NORTHBLUFF DRIVE
    ANCHORAGE,AK99501     		  PC VISITING VOCAL MUSIC ADJUDICATOR 5,000
    NORTHERN CULTURE EXCHANGE
    645 G STREET
    ANCHORAGE,AK99501     		  PC ALASKA INDEPENDENT MUSICIANS INITIATIVE 20,750
    NORTHERN CULTURE EXCHANGE
    645 G STREET
    ANCHORAGE,AK99501     		  PC 2018 SPENARD JAZZ FESTIVAL 8,000
    NORTHERN CULTURE EXCHANGE
    645 G STREET
    ANCHORAGE,AK99501     		  PC PARLOR IN THE ROUND: PROTOTYPE FOR NATIONAL RADIO SHOW FEATURING ALASKAN MUSICIANS 15,000
    NORTHERN CULTURE EXCHANGE
    645 G STREET
    ANCHORAGE,AK99501     		  PC UNDER 21 OPEN MIC 1,000
    NORTHERN CULTURE EXCHANGE
    645 G STREET
    ANCHORAGE,AK99501     		  PC 2018 INDEPENDENT MUSICIANS SUMMIT 2,000
    PERSEVERANCE THEATER INC
    914 THIRD STREET
    DOUGLAS,AK99824     		  PC SUPPORT OF 2018/19 ANCHORAGE SEASON 45,000
    PULSE DANCE COMPANY
    2422 EAST TUDOR ROAD
    ANCHORAGE,AK99503     		  PC 2018/19 SEASON: NEW HOLIDAY PRODUCTION AND INCREASED PROFESSIONALISM 25,000
    SALVATION ARMY - ALASKA DIVISION
    143 EAST NINTH AVENUE
    ANCHORAGE,AK99501     		  PC KING'S LAKE CAMP 2018: SCHOLARSHIPS AND NEW MUSIC INSTRUMENTS 15,000
    SITKA SUMMER MUSIC FESTIVAL
    PO BOX 3333
    SITKA,AK99835     		  PC ANCHORAGE CONCERTS AND COMMUNITY ENGAGEMENT 15,000
    SPIRIT OF YOUTH
    203 WEST 15TH AVENUE SUITE 103
    ANCHORAGE,AK99501     		  PC YOUTH RECOGNITION AWARD: ARTS CATEGORY 4,000
    SPIRIT OF YOUTH
    203 WEST 15TH AVENUE SUITE 103
    ANCHORAGE,AK99501     		  PC ADULT MEDIA MENTOR PROGRAM 8,000
    STORY WORKS ALASKA
    203 WEST 15TH AVENUE SUITE 103
    ANCHORAGE,AK99501     		  PC YOUTH MEDIA PROJECT 10,000
    UNIVERSITY OF ALASKA FOUNDATION
    1815 BRAGAW STREET SUITE 203
    ANCHORAGE,AK99508     		  PC SEASON SUPPORT UAA THEATRE AND DANCE PUBLIC EVENTS 10,000
    UNIVERSITY OF ALASKA FOUNDATION
    1815 BRAGAW STREET SUITE 203
    ANCHORAGE,AK99508     		  PC 2018 ELAINE ATWOOD JOURNALISM SCHOLARSHIP 10,000
    UNIVERSITY OF ALASKA FOUNDATION
    1815 BRAGAW STREET SUITE 203
    ANCHORAGE,AK99508     		  PC ENDOWING UAA ATWOOD CHAIR OF JOURNALISM 200,000
    UNIVERSITY OF ALASKA FOUNDATION
    1815 BRAGAW STREET SUITE 203
    ANCHORAGE,AK99508     		  PC STUDENT'S PHILANTHROPY PROJECT AWARDS 2,500
    UNIVERSITY OF ALASKA FOUNDATION
    1815 BRAGAW STREET SUITE 203
    ANCHORAGE,AK99508     		  PC YEAR 2: DEBATE DEVELOPMENT FOR MIDDLE SCHOOL 13,500
    VETERAN'S SPOUSE PROJECT
    PO BOX 5611
    JBER,AK99505     		  PC I WILL WAIT THEATRE PRODUCTION AT UAA 15,000
    Total .................................bullet 3a 1,763,362
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 14  
    4 Dividends and interest from securities.... 523000 1 14 279,793  
    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 ............     		523000 -27 18 2,000,656  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aALTERNATIVE INVESTMENTS     		523000 -13,325 14 865,948  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. -13,351 3,146,411 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,133,060
    (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 (2018)
    Form 990-PF (2018)
    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) (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) (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 (2018)
    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 Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    ATWOOD FOUNDATION INC
     
    Employer identification number

    92-6002571
    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 isn't covered by the General Rule and/or the Special Rules doesn't 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 doesn't 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) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    ATWOOD FOUNDATION INC
          		Employer identification number
    92-6002571
    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
    ATWOOD ESTATE
     
    301 W NORTHERN LIGHTS BLVD 412
     
    ANCHORAGE, AK99503

    		$ 978,287


    (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) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    ATWOOD FOUNDATION INC
          		Employer identification number

    92-6002571
    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
     
    		$    
    (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) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    ATWOOD FOUNDATION INC
          		Employer identification number

    92-6002571
    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) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    ATWOOD FOUNDATION INC
    EIN:
    92-6002571
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 25,773 11,598   14,175

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    ATWOOD FOUNDATION INC
    EIN:
    92-6002571
    Name of Stock End of Year Book Value End of Year Fair Market Value
    DODGE AND COX INTERNATIONAL 214,279 214,279
    HARRIS AND ASSOCIATES 5,637,395 5,637,395
    PRIMECAP ODYSSEY GROWTH FUND 859,207 859,207
    VARIOUS US EQUITY HOLDINGS 3,882,263 3,882,263

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    ATWOOD FOUNDATION INC
    EIN:
    92-6002571
    US Government Securities - End of Year Book Value:

    498,670
    US Government Securities - End of Year Fair Market Value:

    498,670
    State & Local Government Securities - End of Year Book Value:


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


    0


    TY 2018 InvestmentsOtherSchedule2
    Name:
    ATWOOD FOUNDATION INC
    EIN:
    92-6002571
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ABRY ADVANCED SECURITIES FUND III LP FMV 361,709 361,709
    ABRY PARTNERS VIII LP FMV 403,610 403,610
    CARMEL PARTNERS INVESTMENT FUND II LP FMV 112,135 112,135
    CARMEL PARTNERS INVESTMENT FUND III LP FMV 204,675 204,675
    CARMEL PARTNERS INVESTMENT FUND IV LP FMV 348,678 348,678
    CARMEL PARTNERS INVESTMENT FUND V LP FMV 443,088 443,088
    CARMEL PARTNERS INVESTMENT FUND VI LP FMV 184,373 184,373
    CERBERUS INSTITUTIONAL REAL ESTATE II LP FMV 15,640 15,640
    CERBERUS INSTITUTIONAL REAL ESTATE III LP FMV 298,395 298,395
    CERBERUS INSTITUTIONAL REAL ESTATE IV LP FMV 256,589 256,589
    CERBERUS INSTITUTIONAL REAL ESTATE LP FMV 60 60
    CERBERUS LEVERED LOAN OPPORTUNITES (OFFSHORE) III LP FMV 311,120 311,120
    DARWIN VENTURE CAPITAL FUND OF FUNDS II LP FMV 2,583,123 2,583,123
    DARWIN VENTURE CAPITAL FUND OF FUNDS LP FMV 445,209 445,209
    ENCAP ENERGY CAPITAL FUND V LP FMV 14,004 14,004
    ENCAP ENERGY CAPITAL FUND VI-B LP FMV 16,251 16,251
    ENCAP ENERGY CAPITAL FUND VII-B LP FMV 131,979 131,979
    ENCAP ENERGY CAPITAL FUND VIII-B LP FMV 386,452 386,452
    ENCAP ENERGY CAPITAL FUND IX-C LP FMV 761,063 761,063
    ENCAP ENERGY CAPITAL FUND X-C LP FMV 765,446 765,446
    ENCAP ENERGY CAPITAL FUND XI-C LP FMV 86,766 86,766
    ENCAP FLATROCK MIDSTREAM FUND II-C LP FMV 289,185 289,185
    ENCAP FLATROCK MIDSTREAM FUND III-C LP FMV 668,663 668,663
    ENCAP FLATROCK MIDSTREAM FUND IV-C LP FMV 271,471 271,471
    GRIDIRON ENERGY FEEDER I LP FMV 523,091 523,091
    HILLCREST CDO I LTD FMV 25 25
    INTECH US LARGE CAP GROWTH FUND LLC FMV 4,795,302 4,795,302
    INVENTUS CAPITAL PARTNERS FUND II LTD FMV 542,714 542,714
    LS POWER EQUITY PARTNERS II PIE LP FMV 66,732 66,732
    LS POWER EQUITY PARTNERS III LP FMV 827,009 827,009
    LS POWER EQUITY PARTNERS IV LP FMV 3,578 3,578
    MESA DEL OSO ASSOCIATES LP FMV 1,500 1,500
    NEW VERNON INDIA (CAYMAN) FUND II FMV 1,158,375 1,158,375
    PINNACLE EQUITY FUND FMV 908,133 908,133
    PINNACLE INTERNATIONAL FMV 2,083,786 2,083,786
    PRECISION CAPITAL SPECIAL OPPORTUNITIES FUND II LP FMV 22,901 22,901
    PRECISION CAPITAL SPECIAL OPPORTUNITIES FUND III LP FMV 61,694 61,694
    PRECISION CAPITAL SPECIAL OPPORTUNITIES FUND IV LP FMV 121,500 121,500
    PRECISION CAPITAL SPECIAL OPPORTUNITIES FUND V LP FMV 483,574 483,574
    SHORENSTEIN SRI IX REIT FMV 58,787 58,787
    SHORENSTEIN SRI VII REIT FMV 452 452
    SHORENSTEIN SRI VIII REIT FMV 319,606 319,606
    SOLSTICE ABS CDO III FMV 625 625
    SWANSON RIVER FMV 125,000 125,000
    TCW WORLDWIDE OPPORTUNITIES FUND FMV 1,984,791 1,984,791
    TEPPCO CRUDE OIL LLC FMV 15,000 15,000
    TIERRA ANTIGUA ASSOCIATES LP FMV 2,000 2,000
    WICKS COMMUNICATIONS & MEDIA III LP FMV 67,323 67,323

    TY 2018 OtherAssetsSchedule
    Name:
    ATWOOD FOUNDATION INC
    EIN:
    92-6002571
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ART 14,610 14,610 14,610
    SECURITY DEPOSIT 1,947 1,947 1,947


    TY 2018 OtherDecreasesSchedule
    Name:
    ATWOOD FOUNDATION INC
    EIN:
    92-6002571
    Description Amount
    UNREALIZED LOSS ON INVESTMENTS 4,352,754


    TY 2018 OtherExpensesSchedule
    Name:
    ATWOOD FOUNDATION INC
    EIN:
    92-6002571
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSE 9,670 0   10,566
    INSURANCE 801 0   801
    BANK FEES 30,153 30,153   0
    DUES AND SUBSCRIPTIONS 139 0   4,439
    OTHER 9,193 0   3,735
    TRAVEL 2,318 0   2,318
    BOND PREMIUM/DISCOUNT 2,001 2,001   0


    TY 2018 OtherIncomeSchedule2
    Name:
    ATWOOD FOUNDATION INC
    EIN:
    92-6002571
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ALTERNATIVE INVESTMENTS 852,623 165,078 852,623


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    ATWOOD FOUNDATION INC
    EIN:
    92-6002571
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT 228,473 228,473   0
    PASSTHROUGH INVESTMENT EXPENSES 0 190,252   0


    TY 2018 TaxesSchedule
    Name:
    ATWOOD FOUNDATION INC
    EIN:
    92-6002571
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 75,362 0   0
    FOREIGN TAX 723 9,906   0