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
THOMAS & MARTINA HORN FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 4342
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BELLINGHAM, WA98227
A Employer identification number

91-1701495
B Telephone number (see instructions)

(360) 671-4121
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$0J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 23,520 23,520 23,520
4 Dividends and interest from securities... 44,528 44,528 44,528
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 563,730
b Gross sales price for all assets on line 6a 3,298,581
7 Capital gain net income (from Part IV, line 2)... 563,730
8 Net short-term capital gain......... 144,391
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 631,778 631,778 212,439
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 19,764      
14 Other employee salaries and wages...... 19,764 9,882   9,882
15 Pension plans, employee benefits....... 1,578 789   789
16a Legal fees (attach schedule)......... Click to see attachment 1,090 545   545
b Accounting fees (attach schedule)....... Click to see attachment 2,425 1,213   1,212
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,834 917   917
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 22,195 11,098   11,097
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 68,650 24,444   24,442
25 Contributions, gifts, grants paid....... 3,031,000 3,031,000
26 Total expenses and disbursements. Add lines 24 and 25 3,099,650 24,444   3,055,442
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,467,872
b Net investment income (if negative, enter -0-) 607,334
c Adjusted net income (if negative, enter -0-)... 212,439
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............. 8,065 14,624  
2 Savings and temporary cash investments......... 144,010 21,514  
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 2,240 2,636  
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,616,744    
c Investments—corporate bonds (attach schedule)....... 718,094 Click to see attachment15  
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 350 Click to see attachment2,639  
14 Land, buildings, and equipment: basis bullet5,977
Less: accumulated depreciation (attach schedule) bullet5,977      
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,489,503 41,428 0
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment1,936 Click to see attachment1,968
23 Total liabilities (add lines 17 through 22)......... 1,936 1,968
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.................. 2,487,567 39,460
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)..... 2,487,567 39,460
31 Total liabilities and net assets/fund balances (see instructions). 2,489,503 41,428
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
2,487,567
2
Enter amount from Part I, line 27a .....................
2
-2,467,872
3
Other increases not included in line 2 (itemize) bullet
3
1
4
Add lines 1, 2, and 3 ..........................
4
19,696
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
19,696
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 ADOBE - 40 SH P 2018-06-27 2018-10-03
b AMGEN - 75 SH P 2017-05-11 2018-11-15
c BROADCOM - 40SH P 2018-02-09 2018-11-15
d DEVON ENERGY - 150 SH P 2014-11-18 2018-06-27
e GENERAL ELECTRIC BONDS P 2018-06-15 2018-10-01
INTERCONTINENTAL - 455 SH P 2009-07-22 2018-11-15
ISHARES RUSSELL - 200 SH P 2015-12-29 2018-11-15
MCKESSON - 85 SH P 2017-05-11 2018-10-01
OSTERWEIS P 2015-01-22 2018-10-01
RESIDO P 2018-02-09 2018-11-08
UNITED HEALTH P 2016-01-29 2018-11-15
ADOBE - 45 SH P 2018-06-27 2018-11-15
AMGEN BONDS P 2018-01-29 2018-10-01
CATERPILLAR BONDS 1.9% P 2018-06-05 2018-10-01
DEVON ENERGY - 185 SH P 2014-12-08 2018-06-27
GILEAD - 155 SH P 2015-01-12 2018-10-01
INTERCONTINENTAL - 455 SH P 2009-07-22 2018-10-01
ISHARES RUSSELL - 280 SH P 2017-07-14 2018-10-01
MEDTRONIC PIC - 425 SH P 2015-02-03 2018-11-15
OSTERWEIS P 2015-01-21 2018-11-16
SCHLUMBERGER - 225 SH P 2017-11-10 2018-10-01
VISA - 185 SH P 2016-09-13 2018-10-01
AFLAC BONDS P 2017-10-18 2018-10-01
APPLE - 190 SH P 2010-06-04 2018-10-01
CATERPILLAR BONDS 3.25 % P 2017-03-23 2018-10-01
DEVON ENERGY -330 SH P 2014-12-08 2018-11-15
GILEAD -155 SH P 2015-01-12 2018-11-15
ISAHRES EAFE - 85 SH P 2015-12-29 2018-10-01
ISHARES RUSSELL -290 P 2016-03-07 2018-11-15
MEDTRONIC PICF - 400 SH P 2015-02-03 2018-10-01
PALO ALTO NETWORKS - 65 SH P 2018-06-11 2018-11-15
SCHLUMBERGER - 225 SH P 2006-12-05 2018-11-15
VISA - 200 SH P 2016-09-13 2018-11-15
ALLERGAN - 55 SH P 2017-09-29 2018-11-15
APPLE - 190 SH P 2010-06-04 2018-11-15
CELGENE - 75 SH P 2018-06-27 2018-10-01
EATON CORP - 150 SH P 2012-12-24 2018-06-27
GILEAD SCIENCES P 2016-09-23 2018-11-15
ISAHRES RUSSELL - 205 SH P 2018-06-27 2018-10-01
J P MORGAN CHASE P 2015-09-21 2018-01-15
MERCK - 115 SH P 2017-11-01 2018-10-01
PALOALTO NETWORKS-60 SH P 2017-11-15 2018-10-01
SCHLUMBERGER - 250 SH P 2014-12-08 2018-06-27
WALT DISNEY - 180 SH P 2014-10-24 2018-10-01
ALLERGAN - 60 SH P 2017-10-03 2018-10-01
APPLE - 75 SH P 2010-06-04 2018-06-27
CELGENE - 75 SH P 2018-06-27 2018-11-15
EATON CORP - 211 SH P 2017-10-17 2018-10-01
GOLDMAN SACHS - 100 SH P 2014-06-06 2018-06-27
ISHARES EAFE - 115 SH P 2015-12-29 2018-11-21
JOHNSON CONTROLS - 408 SH P 2015-01-15 2018-10-01
MERCK - 115 SH P 2018-06-27 2018-11-15
PEPSICO P 2014-07-25 2018-06-01
SCHLUMBERGER - 50 SH P 2013-03-11 2018-06-27
WALT DISNEY - 185 SH P 2014-10-24 2018-11-15
ALPHABET A - 35 SH P 2008-09-19 2018-11-15
APPLE 25 SH P 2013-03-11 2018-06-27
CITIGROUP - 400 SH P 2012-09-27 2018-11-15
EATON CORP - 220 SH P 2012-12-03 2018-11-15
GOLDMAN SACHS - 85 SH P 2017-10-20 2018-10-01
ISHARES EAFE - 330 SH P 2017-09-29 2018-10-01
JOHNSON CONTROLS - 410 SH P 2016-09-06 2018-11-15
MORGAN STANLEY P 2018-01-29 2018-11-15
PFIZER - 750 SH P 2010-01-26 2018-11-15
STARBUCKS - 365 SH P 2016-07-29 2018-10-01
WALT DISNEY - 220 SH P 2014-10-24 2018-06-27
ALPHABET A - 35 SH P 2017-10-04 2018-10-01
AT &T - 425 SH P 2016-05-03 2018-11-15
CITIGROUP - 405 SH P 2017-10-13 2018-10-01
EATON CORP - 80 SH P 2013-03-11 2018-06-27
GOLDMAN SACHS - 85 SH P 2014-06-06 2018-11-15
ISHARES EAFE - 405 SH P 2016-09-13 2018-11-21
KIMBERLEY CLARK P 2017-10-18 2018-11-15
NBC UINIVERSAL P 2015-09-10 2018-11-15
PFIZER - 751 SH P 2010-01-26 2018-10-01
STARBUCKS - 365 SH P 2016-07-29 2018-11-15
WATSCO - 115 SH P 2016-02-22 2018-10-01
ALPHABET C - 10 SH P 2017-10-05 2018-10-01
AT&T - 420 SH P 2016-05-16 2018-10-01
CITIGROUP BONDS P 2018-06-05 2018-10-01
FACEBOOK - 100 SH P 2015-04-09 2018-04-09
GOLDMAN SACS P 2015-09-10 2018-11-15
ISHARES EAFE - 440 SH P 2015-09-03 2018-11-21
KINDER MORGAN - 595 SH P 2015-12-29 2018-10-01
NESTLE - 425 SH P 2017-11-02 2018-10-01
PIMCO P 2018-12-16 2018-10-01
STERICYCLE - 170 SH P 2016-06-02 2018-10-01
WATSCO - 120 SH P 2016-02-22 2018-11-15
ALPHABET C - 10 SH P 2008-09-19 2018-11-15
BANK OF NEW YORK P 2014-03-21 2018-10-01
COGNIZANT TECH - 245 SH P 2017-10-14 2018-10-01
FACEBOOK - 95 SH P 2015-04-09 2018-10-01
HOME DEPOT - 70 SH P 2017-10-21 2018-10-01
ISHARES EAFE - 545 SH P 2018-06-27 2018-10-01
KINDER MORGAN - 595 SH P 2015-12-29 2018-11-15
NESTLE - 425 SH P 2012-01-09 2018-11-15
PIMCO P 2016-12-12 2018-11-16
STERICYCLE -170 SH P 2016-06-02 2018-11-15
WELLS FARGO P 2016-01-29 2018-11-15
AMAZON - 10 SH P 2017-10-06 2018-10-01
BERKSHIRE HATHAWAY P 2016-09-23 2018-10-01
COGNIZANT TECH - 245 SH P 2016-09-13 2018-11-15
FACEBOOK - 95 SH P 2015-04-09 2018-11-15
HOME DEPOT - 70 SH P 2018-06-27 2018-11-15
ISHARES EMRG - 125 SH P 2016-03-22 2018-11-15
LOCKHEED P 2018-01-29 2018-11-15
NEXTERA ENERGY - 50 SH P 2017-07-17 2018-10-01
PORTLAND GENERAL - 155 SH P 2017-11-07 2018-10-01
SVB FINANCIAL - 55 SH P 2017-03-30 2018-11-15
WELLS FARGO - 280 SH P 2011-02-17 2018-10-01
AMAZON - 15 SH P 2017-09-29 2018-01-15
BERKSHIRE HATHAWAY BONDS 5.4% P 2016-09-23 2018-05-15
CONTINENTAL RES P 2014-09-29 2018-01-12
FACEBOOKL - 125 SH P 2015-04-09 2018-04-12
HONEYWELL INTL - 60 SH P 2018-02-09 2018-10-01
ISHARES EMRG - 1645 SH P 2015-12-29 2018-11-15
LYONDELBASELL - 130 SH P 2012-01-27 2018-10-01
NEXTERA ENERGY - 50 SH P 2017-07-17 2018-11-15
PORTLAND GENERAL - 155 SH P 2017-07-17 2018-11-15
SVB FINANCIAL - 60 SH P 2017-11-13 2018-10-01
WELLS FARGO - 280 SH P 2011-02-17 2018-11-15
AMERICAN EXP - 235 SH P 2017-10-07 2018-10-01
BOEING - 60 SH P 2015-09-01 2018-04-19
CVS - 410 SH P 2012-01-27 2018-11-15
FLOWSERVE CORP P 2011-02-17 2018-01-23
HONEYWELL INTL - 65 SH P 2018-02-19 2018-11-15
ISHARES EMRG - 375 SH P 2016-03-22 2018-10-01
LYONDELBASETT - 125 SH P 2012-01-27 2018-10-01
NORDSTROM - 475 SH P 2013-03-14 2018-06-11
PROCTOR & GAMBLE - 350 SH P 2015-12-29 2018-10-01
TORONTO-DOMINION P 2018-01-29 2018-11-15
WELLS FARGO - 340 SH P 2011-02-27 2018-06-27
AMERICAN EXPRESS - 240 SH P 2014-10-24 2018-11-15
BOEING - 70 SH P 2017-10-10 2018-10-01
CVS HEALTH - 410 SH P 2017-10-15 2018-10-01
FNMA P    
I SHARES PREF PFF P 2013-01-17 2018-10-01
ISHARES EMRG - 640 SH P 2017-05-08 2018-10-01
LYONDELL BASELL P 2014-07-25 2018-11-15
NOVARTIS - 205 SH P 2012-12-07 2018-11-15
PROCTOR & GAMBLE - 350 SH P 2015-12-29 2018-11-15
TRAVELERS - 200 SH P 2015-01-12 2018-10-01
WELLS FARGO - 35 SH P 2013-03-11 2018-06-27
AMERIPRISE BONDS P 2015-09-21 2018-10-01
BOEING - 75 SH P 2015-09-01 2018-11-15
DEVON ENEERGY - 115 SH P 2014-11-19 2018-06-27
GARRETT MOTION P 2018-02-19 2018-10-19
I SHARES PREF PFF P 2012-07-05 2018-11-16
ISHARES EMRG - 755 SH P 2015-08-17 2018-10-01
MCDONALDS P 2017-03-23 2018-11-15
NOVARTIS AG - 205 SH P 2012-12-07 2018-10-01
QUALCOM - 285 SH P 2010-01-15 2018-11-15
TRAVELERS - 205 SH P 2015-01-12 2018-11-15
COINS P 2012-06-30 2018-12-31
AMGEN - 75 SH P 2017-10-08 2018-10-01
BROADCOM - 40 SH P 2018-02-09 2018-10-01
DEVON ENEERGY - 330SH P 2017-10-16 2018-10-01
GARRETT MOTION - 5 SH P 2018-02-09 2018-10-19
I SHARES PREF PFF P 2012-07-28 2018-11-16
ISHARES RUSSELL - 10 SH P 2015-12-29 2018-10-01
MCKESSON - 80 SH P 2017-05-11 2018-11-15
ORACLE P 2017-03-23 2018-11-15
QUALCOMM - 285 SH P 2010-01-15 2018-10-01
TRAVELERS - 60 SH P 2015-01-12 2018-06-27
(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 11,017   9,727 1,290
b 14,276   11,943 2,333
c 9,089   9,267 -178
d 6,563   9,669 -3,106
e 24,098   24,581 -483
35,899   8,274 27,625
29,900   22,905 6,995
11,293   12,412 -1,119
24,688   25,010 -322
225   251 -26
24,791   26,418 -1,627
10,564   10,914 -350
24,651   25,067 -416
24,628   25,399 -771
8,094   10,529 -2,435
12,088   15,766 -3,678
34,300   8,279 26,021
46,615   39,809 6,806
39,252   30,937 8,315
24,253   24,990 -737
13,912   15,894 -1,982
27,927   15,257 12,670
24,925   26,855 -1,930
43,167   7,059 36,108
24,024   24,365 -341
10,103   18,782 -8,679
10,364   15,761 -5,397
5,789   5,081 708
43,354   31,470 11,884
39,706   29,123 10,583
10,902   12,942 -2,040
10,806   15,220 -4,414
28,009   16,488 11,521
8,710   11,225 -2,515
35,802   7,054 28,748
6,746   5,909 837
11,493   6,678 4,815
24,735   27,146 -2,411
34,129   33,971 158
25,000   27,380 -2,380
8,230   6,977 1,253
13,483   11,951 1,532
16,757   21,086 -4,329
20,919   15,902 5,017
11,557   12,250 -693
14,005   2,784 11,221
5,197   5,905 -708
18,461   9,324 9,137
22,391   16,602 5,789
7,170   6,874 296
14,351   18,647 -4,296
8,510   6,973 1,537
50,000   56,230 -6,230
3,351   3,890 -539
21,674   16,338 5,336
36,844   8,018 28,826
4,668   1,532 3,136
25,443   13,219 12,224
16,176   9,474 6,702
19,179   14,116 5,063
22,474   22,618 -144
13,619   18,733 -5,114
24,269   24,708 -439
32,402   13,994 18,408
20,336   21,245 -909
23,237   19,429 3,808
42,258   9,922 32,336
12,885   16,498 -3,613
29,158   13,389 15,769
6,130   4,375 1,755
17,113   14,112 3,001
25,251   23,608 1,643
23,794   25,236 -1,442
25,536   27,479 -1,943
33,242   14,027 19,215
24,435   21,240 3,195
20,133   14,476 5,657
11,946   2,282 9,664
14,059   16,309 -2,250
25,108   25,610 -502
15,889   8,226 7,663
25,604   27,820 -2,216
27,433   26,116 1,317
10,813   9,220 1,593
35,491   29,608 5,883
24,082   24,230 -148
9,802   16,696 -6,894
17,520   15,100 2,420
10,493   2,277 8,216
50,815   58,392 -7,577
18,856   13,661 5,195
15,426   7,820 7,606
14,600   13,814 786
37,117   36,513 604
10,116   9,215 901
35,652   24,317 11,335
23,997   24,308 -311
7,750   16,691 -8,941
23,365   24,703 -1,338
20,106   9,621 10,485
24,105   26,457 -2,352
16,741   13,655 3,086
13,744   7,814 5,930
11,916   13,810 -1,894
5,017   4,271 746
25,052   25,883 -831
8,355   7,056 1,299
7,053   6,923 130
12,801   10,271 2,530
14,615   9,260 5,355
24,112   14,424 9,688
25,000   27,421 -2,421
45,906   48,906 -3,000
20,523   10,282 10,241
9,974   8,609 1,365
66,025   51,397 14,628
11,939   5,364 6,575
8,819   7,051 1,768
7,357   6,917 440
18,738   11,210 7,528
14,594   8,478 6,116
25,357   20,212 5,145
19,704   7,647 12,057
32,786   17,308 15,478
22,167   22,880 -713
9,612   9,049 563
16,114   12,813 3,301
13,008   5,163 7,845
25,148   18,640 6,508
29,289   28,086 1,203
24,792   24,974 -182
18,292   11,238 7,054
25,749   20,637 5,112
26,766   8,927 17,839
32,609   17,313 15,296
13     13
54,697   60,744 -6,047
27,501   25,724 1,777
28,049   31,429 -3,380
17,879   12,775 5,104
32,688   28,081 4,607
25,777   21,123 4,654
1,883   1,299 584
25,374   26,593 -1,219
25,882   9,559 16,323
5,032   7,454 -2,422
165   187 -22
35,653   39,168 -3,515
32,442   26,519 5,923
19,466   20,215 -749
17,694   12,780 4,914
15,336   13,381 1,955
27,771   23,758 4,013
    270 -270
15,547   11,948 3,599
10,036   9,272 764
13,314   18,788 -5,474
9   8 1
16,400   18,123 -1,723
1,665   1,145 520
9,755   11,677 -1,922
20,044   21,227 -1,183
20,789   13,386 7,403
7,376   6,335 1,041
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       1,290
b       2,333
c       -178
d       -3,106
e       -483
      27,625
      6,995
      -1,119
      -322
      -26
      -1,627
      -350
      -416
      -771
      -2,435
      -3,678
      26,021
      6,806
      8,315
      -737
      -1,982
      12,670
      -1,930
      36,108
      -341
      -8,679
      -5,397
      708
      11,884
      10,583
      -2,040
      -4,414
      11,521
      -2,515
      28,748
      837
      4,815
      -2,411
      158
      -2,380
      1,253
      1,532
      -4,329
      5,017
      -693
      11,221
      -708
      9,137
      5,789
      296
      -4,296
      1,537
      -6,230
      -539
      5,336
      28,826
      3,136
      12,224
      6,702
      5,063
      -144
      -5,114
      -439
      18,408
      -909
      3,808
      32,336
      -3,613
      15,769
      1,755
      3,001
      1,643
      -1,442
      -1,943
      19,215
      3,195
      5,657
      9,664
      -2,250
      -502
      7,663
      -2,216
      1,317
      1,593
      5,883
      -148
      -6,894
      2,420
      8,216
      -7,577
      5,195
      7,606
      786
      604
      901
      11,335
      -311
      -8,941
      -1,338
      10,485
      -2,352
      3,086
      5,930
      -1,894
      746
      -831
      1,299
      130
      2,530
      5,355
      9,688
      -2,421
      -3,000
      10,241
      1,365
      14,628
      6,575
      1,768
      440
      7,528
      6,116
      5,145
      12,057
      15,478
      -713
      563
      3,301
      7,845
      6,508
      1,203
      -182
      7,054
      5,112
      17,839
      15,296
      13
      -6,047
      1,777
      -3,380
      5,104
      4,607
      4,654
      584
      -1,219
      16,323
      -2,422
      -22
      -3,515
      5,923
      -749
      4,914
      1,955
      4,013
      -270
      3,599
      764
      -5,474
      1
      -1,723
      520
      -1,922
      -1,183
      7,403
      1,041
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 2 563,730
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 3 144,391
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 220,728 2,955,743 0.074678
2016 210,882 2,539,291 0.083048
2015 206,329 2,662,458 0.077496
2014 201,005 3,572,586 0.056263
2013 196,160 3,290,373 0.059616
2
Total of line 1, column (d) .....................
2
0.351101
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
0.070220
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
0
5
Multiply line 4 by line 3......................
5
 
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
6,073
7
Add lines 5 and 6........................
7
6,073
8
Enter qualifying distributions from Part XII, line 4,.............
8
3,055,442
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 6,073
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 6,073
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 6,073
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a  
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7  
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 73
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 6,146
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bullet
    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 addressbulletN/A
    14
    The books are in care ofbulletORPHALEE SMITH Telephone no.bullet (360) 733-7538

    Located atbullet2219 RIMLAND DR 405BELLINGHAMWA ZIP+4bullet98226
    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
     
     
    ........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
     
     
    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
    DONNA MAC DONALD EXECUTIVE DI
    20.00     		19,764 0 0
    424 14TH ST
    BELLINGHAM,WA98225
    ORPHALEE SMITH BOARD MEMBER
    1.00     		0 0 0
    413 RIDGEWAY DR
    BELLINGHAM,WA98228
    KIRSTEN BARRON BOARD MEMBER
    1.00     		0 0 0
    300 N COMMERCIAL ST
    BELLINGHAM,WA98225
    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  
    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
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (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
    0
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    0
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    0
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    0
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    0
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    0
    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
     
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    6,073
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    6,073
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    0
    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
    3,055,442
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    3,055,442
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    6,073
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    3,049,369
    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 0
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 32,990
    b From 2014...... 23,973
    c From 2015...... 182,438
    d From 2016...... 196,266
    e From 2017...... 76,385
    fTotal of lines 3a through e........ 512,052
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 3,055,442
    a Applied to 2017, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2018 distributable amount.....  
    e Remaining amount distributed out of corpus 3,055,442
    5 Excess distributions carryover applied to 2018.    
    (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 3,567,494
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    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) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		32,990
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		3,534,504
    10 Analysis of line 9:
    a Excess from 2014.... 23,973
    b Excess from 2015.... 182,438
    c Excess from 2016.... 196,266
    d Excess from 2017.... 76,385
    e Excess from 2018.... 3,055,442
    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 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 (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
    BELLINGHAM DOLLARS FOR SCHOLLARS
    119 GRAND AVENUE
    BELLINGHAM,WA98225     		NONE PUBLC CHARIT TO FURTHER CHARITABLE PURPOSE 21,000
    BELLINGHAM TECHNICAL COLLEGE
    3028 LINDBERG AVENUE
    BELLINGHAM,WA98225     		NONE PUBLIC CHARI TO FURTHER CHARITABLE PURPOSE 20,000
    BLAINE SCHOLARSHIP FDTN
    770 MITCHELL AVENUE
    BALINE,WA98230     		NONE PUBLIC CHARI TO FURTHER CHARITABLE PURPOSE 7,000
    MERIDIAN PUBLIC SCHOOL S
    2214 W LAUREL
    BELLINGHAM,WA98226     		NONE PUBLIC CHARI TO FURTHER CHARITABLE PURPOSE 7,000
    MOUNT BAKER SCHOLARSHIPS
    MOUNT BAKER HIGHWAY
    DEMING,WA98244     		NONE PUBLIC CHARI TO FURTHER CHARITABLE PURPOSE 7,000
    NOOKSACK VALLEY SCHOLARSHIPS
    3326 E BADGER ROAD
    EVERSON,WA98247     		NONE PUBLIC CHARI TO FURTHER CHARITABLE PURPOSE 7,000
    WHATCOM COMMUNITY COLLEGE
    237 KELLOGG ROAD
    BELLINGHAM,WA98225     		NONE PUBLIC CHARI TO FURTHER EXEMPT PURPOSE. 15,000
    WESTERN WASHINGTON UNIVERSITY
    516 HIGH STREET
    BELLINGHAM,WA98225     		NONE PUBLIC CHARI TO FURETHER EXEMPT PURPOSE 16,000
    WHATCOM COMMUNITY COLLEGE FOUNDATIO
    237 KELLOGG ROAD
    BELLINGHAM,WA98225     		NONE   TO FURTHER EXEMPT PURPOSE 350,000
    WESTERN WASHINGTON UNIVERSITY FOUDN
    516 HIGH STREET
    BELLINGHAM,WA98225     		NONE PUBLIC CHARI TO FURTHER EXEMPT PURPOSE 350,000
    BELLINGHAN TECHNICAL COLLEGE
    3028 LINDBERG AVENUE
    BELLINGHAM,WA98225     		NONE   TO FURTHER EXEMPT PURPOSE 350,000
    WHATCOM COMMUNITY FOUNDATION
    119 GRAND AVENUE
    BELLINGHAM,WA98225     		NONE PUBLIC CHARI TO FURTHER EXEMPT PURPOSE 75,000
    BLAINE SCHOLARSHIP FOUNDATION
    770 MITCHELL AQVENUE
    BLAINE,WA98230     		NONE PUBLIC CHARI TO FURTHER EXEMPT PURPOSE 25,000
    MERIDIAN PUBLIC SCHOOLS
    2214 W LAUREL
    BELLINGHAM,WA98226     		NONE   TO FURTHER EXEMPT PURPOSE 25,000
    MOUNT BAKER SCHOLARSHIPS
    MOUNT BAKER HIGHWAY
    DEMING,WA98244     		NONE   TO FURTHER EXEMPT PURPOSE 25,000
    NOOKSACK VALLEY SCHOOLS
    3326 E BADGER ROAD
    EVERSON,WA98247     		NONE   TO FURTHER EXEMPT PURPOSE 25,000
    LIGHTHOUSE MISSION
    910 WEST HOLLY STREET
    BELLINGHAM,WA98225     		NONE PUBLIC CHARI TO FURTHER EXEMPT PURPOSE 400,000
    BELLINGHAM FOOD BANK
    1824 ELLIS STREET
    BELLINGHAM,WA98255     		NONE OTHER PUBLIC TO FURTHER EXEMPT PURPOSE 400,000
    SALVATION ARMY
    2912 NORTHWEST AVENUE
    BELLINGHAM,WA98225     		NONE PUBLIC CHARI TO FURTHER EXEMPT PURPOSE 250,000
    OPPORTUNITY COUNCIL
    1111 CORNWALL AVENUE
    BELLINGHAM,WA98225     		NONE PUBLIC CHARI TO FURTHER EXEMPT PURPOSE 500,000
    WHATCOM COUNCIL ON AGING
    315 HALLECK STREET
    BELLINGHAM,WA98225     		NONE PUBLIC CHARI TO FURTHER EXEMPT PURPOSE 20,000
    ACCUMPTION COMMUNITY MEALS PROGRAM
    2116 CORNWALL AVENUE
    BELLINGHAM,WA98225     		NONE J TO FURTHER EXEMPT PURPOSE 20,000
    OPPORTUNITY COUNCIL
    1111 CORNWALL AVENUE
    BELLINGHAM,WA98225     		NONE PUBLIC CHARI TO FURTHER EXEMPT PURPOSE 12,000
    LYDIA PLACE
    P O BOX 28487
    BELLINGHAM,WA98227     		NONE PUBLIC CHAR TO FURTHER EXEMPT PURPOSE 8,000
    INTERFAITH COALITIONS
    910 14TH STREET
    BELLINGHAM,WA98225     		NONE PUBLIC CHARI TO FURTHER EXEMPT PURPOSE 12,000
    UNITY CARE NORTHWEST
    220 UNITY STREET
    BELLINGHAM,WA98225     		NONE PUBLIC CHARI TO FURTHER EXEMPT PURPOSE 20,000
    OPPORTUNITY COUNCIL
    1111 CORNWALL AVENUE
    BELLINGHAM,WA98225     		NONE PUBLIC CHARI TO FURTHER EXEMPT PURPOSE 8,000
    BOYS AND GIRLS CLUB OF WHATCOM CTY
    3230 MERIDIAN STREET
    BELLINGHAM,WA98225     		NONE PUBL CHARITY TO FURTHER EXEMPT PURPOSE 6,000
    YWCA
    1026 N FOREST STREET
    BELLINGHAM,WA98225     		NONE PUBLIC CHARI TO FURTHER EXEMPT PURPOSE 10,000
    SEAN HUMPHREY HOUSE
    1630 H STREET
    BELLINGHAM,WA98225     		NONE PUBLIC CHARI TO FURTHER EXEMPT PURPOSE 4,000
    DOMESTIC VIOLENCE AND SEXUAL ASSAUT
    1407 COMMERCIAL STREET
    BELLINGHAM,WA98225     		NONE PUBLIC CHARI TO FURTHER EXEMPT PURPOSE 6,000
    SOUTHSIDE FOOD BANK
    1400 LARRABEE
    BELLINGHAM,WA98225     		NONE   TO FURTHER EXEMPT PURPOSE 4,000
    MAX HIGBEE CENTER
    315 HALLECK STREET
    BELLINGHAM,WA98225     		NONE   TO FURTHER CHARITABLE PURPOSE 4,000
    NORTHWEST YOUTH SERVICES
    1020 N STATE STREET
    BELLINGHAM,WA98225     		NONE PUBLIC CHARI TO FURTHER TAX EXEMPT PURPOSE 12,000
    LOVE INC
    P O BOX 1602
    BELLINGHAM,WA98227     		NONE PUBLIC CHAR TO FURTHER EXEMPT PURPOSE 4,000
    YMCA
    1256 N STATE STREET
    BELLINGHAM,WA98225     		NONE PUBLIC CHARI TO FURTHER EXEMPT PURPOSE 6,000
    Total .................................bullet 3a 3,031,000
    bApproved for future payment
    Total .................................bullet 3b  
    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 ...........     		        23,520
    4 Dividends and interest from securities....         44,528
    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 ............     		        563,730
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..     631,778
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    631,778
    (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

    TY 2018 AccountingFeesSchedule
    Name:
    THOMAS & MARTINA HORN FOUNDATION
    EIN:
    91-1701495
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT ACCOUNTING FEES 2,425 1,213   1,212

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

    TY 2018 DepreciationSchedule
    Name:
    THOMAS & MARTINA HORN FOUNDATION
    EIN:
    91-1701495
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    OFFICE EQUIPMENT 2002-06-30 5,977 5,977 S/L 5.0000        

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    THOMAS & MARTINA HORN FOUNDATION
    EIN:
    91-1701495
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORPORATE BONDS 15  

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THOMAS & MARTINA HORN FOUNDATION
    EIN:
    91-1701495
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CORPORATE STOCK    

    TY 2018 InvestmentsOtherSchedule2
    Name:
    THOMAS & MARTINA HORN FOUNDATION
    EIN:
    91-1701495
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    OTHER INVESTMENT ASSETS   2,639  

    TY 2018 LegalFeesSchedule
    Name:
    THOMAS & MARTINA HORN FOUNDATION
    EIN:
    91-1701495
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT LEGAL FEES 1,090 545   545


    TY 2018 OtherExpensesSchedule
    Name:
    THOMAS & MARTINA HORN FOUNDATION
    EIN:
    91-1701495
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    MANAGEMENT FEES 19,812 9,906   9,906
    BANK CHARGES 102 51   51
    OFFICE EXENSE 261 131   130
    MISCELLANEOUS 304 152   152
    TELEPHONE 1,716 858   858


    TY 2018 OtherLiabilitiesSchedule
    Name:
    THOMAS & MARTINA HORN FOUNDATION
    EIN:
    91-1701495
    Description Beginning of Year - Book Value End of Year - Book Value
    PAYROLL TAXES WITHHELD   1,968


    TY 2018 TaxesSchedule
    Name:
    THOMAS & MARTINA HORN FOUNDATION
    EIN:
    91-1701495
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAXES AND LICENSES 1,834 917   917