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
DISCUREN FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)C/O JANE FRISSELL 1201 THIRD AVE
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SEATTLE, WA981013099
A Employer identification number

20-2046554
B Telephone number (see instructions)

(206) 359-3137
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$7,652,084
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 7,081 7,081  
4 Dividends and interest from securities... 211,367 211,367  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 676,780
b Gross sales price for all assets on line 6a 2,432,058
7 Capital gain net income (from Part IV, line 2)... 676,780
8 Net short-term capital gain......... 0
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........ 895,228 895,228  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 119,220 11,922   107,298
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits....... 7,894 789 0 7,105
16a Legal fees (attach schedule)......... 39,509 3,951 0 35,558
b Accounting fees (attach schedule)....... 5,572 5,015 0 557
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... 6,383 3,715   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... 55,668 48,397   7,271
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 234,246 73,789 0 157,789
25 Contributions, gifts, grants paid....... 2,065,158 2,065,158
26 Total expenses and disbursements. Add lines 24 and 25 2,299,404 73,789 0 2,222,947
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,404,176
b Net investment income (if negative, enter -0-) 821,439
c Adjusted net income (if negative, enter -0-)... 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............. 5,860 26,561 26,561
2 Savings and temporary cash investments......... 656,451 303,508 303,508
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,350,764 Click to see attachment1,379,239 2,081,554
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).......... 6,306,983 Click to see attachment5,205,056 5,234,790
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment4,153 Click to see attachment5,671 Click to see attachment5,671
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 8,324,211 6,920,035 7,652,084
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
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........ 8,324,211 6,920,035
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)..... 8,324,211 6,920,035
31 Total liabilities and net assets/fund balances (see instructions). 8,324,211 6,920,035
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
8,324,211
2
Enter amount from Part I, line 27a .....................
2
-1,404,176
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
6,920,035
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
6,920,035
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 631. BANCORPSOUTH BANK INC   2016-10-18 2018-01-10
b 360. ROLLINS INC   2010-11-22 2018-01-10
c 1090. PFIZER INC   1913-03-01 2018-01-12
d 142. WELLS FARGO & CO   2010-06-18 2018-01-12
e 254. WELLS FARGO & CO   2011-12-30 2018-01-12
490. WELLS FARGO & CO   2008-07-10 2018-01-12
113. NEKTAR THERAPEUTICS   2017-09-12 2018-01-17
150. ICON PLC   2016-06-28 2018-01-17
416. TJX COMPANIES INC   2012-11-27 2018-01-23
226. GENTHERM INC   2016-04-06 2018-01-30
230. GENTHERM INC   2016-08-09 2018-01-30
76. ITRON INC COM   2014-05-06 2018-02-20
150. ITRON INC COM   2015-10-06 2018-02-20
64. PROS HOLDINGS INC   2017-09-29 2018-02-27
297. PROS HOLDINGS INC   2016-01-19 2018-02-27
147. HELEN OF TROY LIMITED   2013-12-23 2018-03-09
226. WESTERN ALLIANCE BANCORP   2016-10-06 2018-03-16
329. CAMBREX CORP.   2016-08-23 2018-03-19
1203.912 HARBOR INTERNATIONAL FUND   2005-11-07 2018-03-28
4380.054 JP MORGAN EMERGING MARKETS EQUITY FUND   2017-06-06 2018-03-28
2062.919 MATTHEWS ASIA DIVIDEND FUND   2011-01-06 2018-03-28
179. HILL-ROM HOLDINGS INC   2011-08-09 2018-04-13
538. HEALTHSTREAM, INC.   2017-01-31 2018-04-17
329. COLUMBUS MCKINNON CORPORATIO N   2017-07-19 2018-05-14
79. NEKTAR THERAPEUTICS   2017-09-12 2018-05-23
307. MICROSEMI CORP   2013-11-08 2018-05-29
48. AIR PRODUCTS & CHEMICALS INC   2005-11-02 2018-06-04
38. APPLE INC   2012-12-03 2018-06-04
14. APPLE INC   2013-01-17 2018-06-04
150. BB&T CORP   2017-06-28 2018-06-04
45. BB&T CORP   2015-08-31 2018-06-04
17. BLACKROCK INC   2010-06-18 2018-06-04
94. CVS HEALTH CORP   2012-05-11 2018-06-04
227. CISCO SYSTEMS INC   2008-07-10 2018-06-04
150. DANAHER CORP   2005-11-02 2018-06-04
128. WALT DISNEY CO   2008-07-10 2018-06-04
582. FIRST TRUST GLOBAL WIND ENERGY ETF   2014-10-21 2018-06-04
30. HOME DEPOT INC   2015-05-15 2018-06-04
17. HOME DEPOT INC   2014-06-20 2018-06-04
76. INTEL CORP   2013-09-25 2018-06-04
140. INTEL CORP   2008-07-10 2018-06-04
190. MICROSOFT CORP   2008-07-10 2018-06-04
157. ORACLE CORP   2005-11-02 2018-06-04
61. PNC FINANCIAL SERVICES GROUP   2012-05-18 2018-06-04
63. PEPSICO INC   2005-11-02 2018-06-04
24. QUALCOMM INC   2007-06-19 2018-06-04
74. QUALCOMM INC   2006-07-17 2018-06-04
83. SPDR S&P BIOTECH ETF   2010-01-21 2018-06-04
254. CHARLES SCHWAB CORPORATION   2011-12-30 2018-06-04
29. UNITEDHEALTH GROUP INC   2011-08-25 2018-06-04
288. VF CORP   2008-11-07 2018-06-04
77. VISA INC   2016-12-15 2018-06-04
17. VISA INC   2015-08-27 2018-06-04
48. WINNEBAGO INDUSTRIES INC   2013-12-23 2018-06-04
420. WINNEBAGO INDUSTRIES INC   2017-04-13 2018-06-04
53. ICU MEDICAL INC.   2017-04-19 2018-07-11
291. C&J ENERGY SERVICES INC   2017-11-29 2018-07-19
163. C&J ENERGY SERVICES INC   2018-03-09 2018-07-19
532. TEREX CORP NEW COM   2017-03-29 2018-07-19
626. F.N.B. CORPORATION   2016-05-25 2018-08-07
263. OXFORD INDUSTRIES INC.   2016-12-15 2018-08-16
154. BELDEN INC.   2017-04-27 2018-08-17
994. CYPRESS SEMICONDUCTOR CORP   2015-09-16 2018-08-17
251. PROLOGIS INC   2016-02-25 2018-08-27
1231.123 BROWN CAPITAL MGMT SMALL CO FUND   2011-01-06 2018-09-04
3032.754 DOMINI IMPACT EQUITY FUND   2012-08-21 2018-09-04
3906.86 HARBOR INTERNATIONAL FUND   2005-11-07 2018-09-04
4237.288 PIMCO LOW DURATION ESG FUND   2017-08-22 2018-09-04
2982.107 TIAA-CREF SOCIAL CHOICE BOND FUND   2017-08-24 2018-09-04
2941.176 VANGUARD GNMA FUND   2010-01-21 2018-09-04
234. EDUCATION REALTY TRUST INC   2016-12-15 2018-09-18
370. EDUCATION REALTY TRUST INC   2017-11-08 2018-09-18
231. LEGACYTEXAS FINANCIAL GROUP   2017-05-26 2018-09-21
1. PROLOGIS INC   2016-02-25 2018-10-08
60. LIGAN PHARMACEUTICALS   2017-09-12 2018-10-10
5313.496 PIMCO LOW DURATION ESG FUND   2017-08-22 2018-10-25
5040.323 TIAA-CREF SOCIAL CHOICE BOND FUND   2017-08-24 2018-10-25
4970.179 VANGUARD GNMA FUND   2010-01-21 2018-10-25
3565.751 HARBOR INTERNATIONAL FUND   2005-11-07 2018-11-20
5319.149 PIMCO LOW DURATION ESG FUND   2017-08-22 2018-11-20
5040.323 TIAA-CREF SOCIAL CHOICE BOND FUND   2017-08-24 2018-11-20
4960.317 VANGUARD GNMA FUND   2010-01-21 2018-11-20
55. APPLE INC   2013-01-17 2018-11-29
8661.758 DOMINI IMPACT EQUITY FUND   2012-08-21 2018-11-29
135. MICROSOFT CORP   2008-07-10 2018-11-29
287. CONNECTONE BANCORP, INC.   2018-04-17 2018-12-07
336. CONNECTONE BANCORP, INC.   2018-01-10 2018-12-07
813. DIPLOMAT PHARMACY, INC.   2018-03-19 2018-12-07
873. ELF BEAUTY INC   2018-07-11 2018-12-07
67. ELF BEAUTY INC   2018-08-16 2018-12-07
77. BELDEN INC.   2017-04-27 2018-12-19
133. BELDEN INC.   2018-05-23 2018-12-19
130. UNIVERSAL ELECTRONICS INC   2018-03-29 2018-12-19
3. UNIVERSAL ELECTRONICS INC   2015-11-20 2018-12-19
250. UNIVERSAL ELECTRONICS INC   2015-11-12 2018-12-19
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 21,098   14,681 6,417
b 16,981   4,268 12,713
c 39,861   18 39,843
d 8,906   3,978 4,928
e 15,931   7,046 8,885
30,732   11,584 19,148
7,914   2,468 5,446
16,875   10,085 6,790
29,515   18,072 11,443
7,221   8,946 -1,725
7,349   7,280 69
5,231   2,898 2,333
10,325   5,027 5,298
2,035   1,551 484
9,442   4,020 5,422
12,851   7,240 5,611
13,662   8,841 4,821
17,884   14,662 3,222
80,000   58,149 21,851
130,000   112,743 17,257
40,000   29,424 10,576
15,409   5,282 10,127
13,299   12,174 1,125
12,250   8,548 3,702
6,484   1,726 4,758
21,115   6,936 14,179
7,835   2,532 5,303
7,329   3,194 4,135
2,700   1,006 1,694
8,001   6,720 1,281
2,400   1,659 741
9,163   2,708 6,455
6,012   4,292 1,720
9,847   3,178 6,669
15,291   3,007 12,284
12,793   3,791 9,002
7,799   6,243 1,556
5,725   3,384 2,341
3,244   1,359 1,885
4,338   1,804 2,534
7,991   2,831 5,160
19,312   4,858 14,454
7,454   1,972 5,482
8,903   3,755 5,148
6,319   3,717 2,602
1,399   974 425
4,315   2,540 1,775
7,933   1,531 6,402
14,409   2,869 11,540
7,089   1,313 5,776
23,737   3,670 20,067
10,255   6,143 4,112
2,264   1,228 1,036
1,766   1,310 456
15,454   10,736 4,718
15,667   7,757 7,910
6,461   9,160 -2,699
3,619   4,163 -544
23,078   16,433 6,645
8,159   8,435 -276
24,646   16,292 8,354
10,666   10,978 -312
15,696   9,597 6,099
16,441   8,980 7,461
150,000   53,999 96,001
75,000   62,608 12,392
250,000   188,701 61,299
40,000   40,424 -424
30,000   30,895 -895
30,000   31,588 -1,588
9,707   9,410 297
15,349   13,407 1,942
10,535   8,329 2,206
66   36 30
13,313   8,197 5,116
50,000   50,691 -691
50,000   52,218 -2,218
50,000   53,380 -3,380
203,176   172,226 30,950
50,000   50,745 -745
50,000   52,218 -2,218
50,000   53,274 -3,274
9,793   3,954 5,839
200,000   178,813 21,187
14,834   3,452 11,382
5,358   8,315 -2,957
6,273   9,353 -3,080
12,816   18,570 -5,754
9,744   14,220 -4,476
748   738 10
3,335   5,489 -2,154
5,760   7,581 -1,821
3,349   6,798 -3,449
77   153 -76
6,440   11,730 -5,290
      68,505
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       6,417
b       12,713
c       39,843
d       4,928
e       8,885
      19,148
      5,446
      6,790
      11,443
      -1,725
      69
      2,333
      5,298
      484
      5,422
      5,611
      4,821
      3,222
      21,851
      17,257
      10,576
      10,127
      1,125
      3,702
      4,758
      14,179
      5,303
      4,135
      1,694
      1,281
      741
      6,455
      1,720
      6,669
      12,284
      9,002
      1,556
      2,341
      1,885
      2,534
      5,160
      14,454
      5,482
      5,148
      2,602
      425
      1,775
      6,402
      11,540
      5,776
      20,067
      4,112
      1,036
      456
      4,718
      7,910
      -2,699
      -544
      6,645
      -276
      8,354
      -312
      6,099
      7,461
      96,001
      12,392
      61,299
      -424
      -895
      -1,588
      297
      1,942
      2,206
      30
      5,116
      -691
      -2,218
      -3,380
      30,950
      -745
      -2,218
      -3,274
      5,839
      21,187
      11,382
      -2,957
      -3,080
      -5,754
      -4,476
      10
      -2,154
      -1,821
      -3,449
      -76
      -5,290
       
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 2 676,780
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 2,335,768 10,760,559 0.217068
2016 1,837,341 11,759,130 0.156248
2015 1,967,966 13,357,469 0.147331
2014 1,914,865 15,063,331 0.127121
2013 1,657,400 15,511,287 0.106851
2
Total of line 1, column (d) .....................
2
0.754619
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
0.150924
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
9,212,397
5
Multiply line 4 by line 3......................
5
1,390,372
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
8,214
7
Add lines 5 and 6........................
7
1,398,586
8
Enter qualifying distributions from Part XII, line 4,.............
8
2,222,947
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 8,214
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 8,214
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 8,214
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 7,828
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 18,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 25,828
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 17,614
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet17,614 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletWA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 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 addressbullet  
    14
    The books are in care ofbulletJane Frissell Telephone no.bullet (206) 359-3137

    Located atbullet1201 THIRD AVENUE SUITE 4900SEATTLEWA ZIP+4bullet981013099
    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
    POLLY M OLSEN DIRECTOR
    2
    8,004    
    1201 THIRD AVE SUITE 4900
    SEATTLE,WA981013099
    MARTHA ASHENFELTER DIRECTOR
    2
    8,004    
    1201 THIRD AVE SUITE 4900
    SEATTLE,WA981013099
    COLONEL F BETZ PRESIDENT
    0
    0    
    1201 THIRD AVE SUITE 4900
    SEATTLE,WA981013099
    ROBERT S MUCKLESTONE VICE PRESIDENT
    0
    0    
    1201 THIRD AVE SUITE 4900
    SEATTLE,WA981013099
    Jane Frissell SECRETARY/TREASURER
    1
    0    
    1201 THIRD AVE SUITE 4900
    SEATTLE,WA981013099
    CAROLINE MAILLARD DIRECTOR AND PROGRAM MANAGER
    32
    95,208    
    1201 THIRD AVE SUITE 4900
    SEATTLE,WA981013099
    TED A MARTIN DIRECTOR
    2
    8,004    
    1201 THIRD AVE SUITE 4900
    SEATTLE,WA981013099
    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
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................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
    9,072,873
    b
    Average of monthly cash balances.......................
    1b
    274,143
    c
    Fair market value of all other assets (see instructions)................
    1c
    5,671
    d
    Total (add lines 1a, b, and c).........................
    1d
    9,352,687
    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
    9,352,687
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    140,290
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    9,212,397
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    460,620
    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
    460,620
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    8,214
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,214
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    452,406
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    452,406
    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
    452,406
    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
    2,222,947
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    2,222,947
    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
    8,214
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,214,733
    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 7 452,406
    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...... 889,482
    b From 2014...... 1,186,070
    c From 2015...... 1,315,305
    d From 2016...... 1,263,850
    e From 2017...... 1,813,392
    fTotal of lines 3a through e........ 6,468,099
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 2,222,947
    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..... 452,406
    e Remaining amount distributed out of corpus 1,770,541
    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 8,238,640
    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) ...
    889,482
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......
    7,349,158
    10 Analysis of line 9:
    a Excess from 2014.... 1,186,070
    b Excess from 2015.... 1,315,305
    c Excess from 2016.... 1,263,850
    d Excess from 2017.... 1,813,392
    e Excess from 2018.... 1,770,541
    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).)
    NA
    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.
    NA
    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:
    Jane Frissell
    1201 THIRD AVE SUITE 4900
    SEATTLE,WA981013099
    (206) 359-3137
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATION FORM TO BE PROVIDED BY THE FOUNDATION
    cAny submission deadlines:
    GRANTS ARE AWARDED QUARTERLY AND MUST BE SUBMITTED AT LEAST FOUR WEEKS PRIOR TO MEETINGS
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS ARE AWARDED ONLY TO PUBLIC CHARITIES AND SCHOOL DISTRICTS FOR SPECIFIC PROJECTS LOCATED IN WASHINGTON WHICH ADDRESS THE NEEDS OF LITERACY, BASIC EDUCATION AND DROPOUT PREVENTION
    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
    Humanities Washington
    130 NICKERSON STREET 304
    Seattle,WA98109
    NONE PC PRIME TIME FAMILY READING 40,000
    College Success Foundation
    1605 NW SAMMAMISH ROAD 200
    Issaquah,WA98027
    NONE PC ACHIEVERS SCHOLARS PROGRAM 30,000
    Greater Seattle Bureau of Fearless Ideas
    PO BOX 30764
    Seattle,WA98113
    NONE PC SEQACIB 20,000
    Seattle Parks Foundation
    105 S MAIN STREET 235
    Seattle,WA98104
    NONE PC TINY TREES PRESCHOOL: 30,000
    City Year Inc
    2203 23RD AVENUE S 101
    Seattle,WA98144
    NONE PC WHOLE SCHOOL WHOLE CHILD 40,000
    Communities in Schools of Whatcom County
    PO BOX 6071
    Bellingham,WA98229
    NONE PC EXPANDING STUDENT SUPPORT 40,000
    Big Brothers Big Sisters of Puget Sound
    1600 S GRAHAM STREET
    Seattle,WA98108
    NONE PC MENTORU 30,000
    Nature Bridge
    28 GEARY STREET 650
    San Francisco,CA94108
    NONE PC EQUITABLE ACCESS TO 30,000
    Mount Adams Middle School
    621 SIGNAL PEAK ROAD
    White Swan,WA98952
    NONE PC WHERE EVERYBODY BELONGS 9,975
    Garden Raised Bounty
    2016 ELLIOTT AVENUE NW
    Olympia,WA98502
    NONE PC GROWING OPPORTUNITY FOR OUT 20,000
    Arts Corps
    4408 DELRIDGE WAY SW 110
    Seattle,WA98106
    NONE PC ARTS INTEGRATION PROGRAM 50,000
    Boys and Girls Club of South Puget Sound
    3875 S 66TH STREET
    Tacoma,WA98409
    NONE PC SUMMER BOOST 30,000
    Mary Walker School District
    PO BOX 159
    Springdale,WA991730159
    NONE   RURAL ALLIANCE STEM GEMS 42,000
    TEAM READ
    PO BOX 94042
    SEATTLE,WA98124
    NONE PC YEAR-ROUND READING TUTORING 65,000
    KILLER WHALE TALES
    5623 46TH AVENUE SW
    SEATTLE,WA98136
    NONE PC KIDS MAKING A DIFFERENCE 20,000
    TAKE THE NEXT STEP
    202 S SAMS STREET
    MONROE,WA98272
    NONE PC KIDZ CLUB & STUDENT LEADERS 25,000
    WASHINGTON STEM CENTER
    210 S HUDSON STREET
    SEATTLE,WA98134
    NONE PC CAREER CONNECTED LEARNING 55,000
    TECHBRIDGE GIRLS
    1511 8TH AVENUE SW 304
    Burien,WA98166
    NONE PC TECHBRIDGE GIRLS INSPIRE: 40,000
    URBAN AMERICAN INDIAN ALASKA NATIVE
    EDUCATION ALLIANCE
    12032 33RD AVENUE NE
    SEATTLE,WA98125
    NONE PC CLEAR SKY NATIVES ON THE 30,000
    SCHOOL'S OUT WASHINGTON
    801 23RD AVENUE S A
    SEATTLE,WA98144
    NONE PC FEED YOUR BRAIN 55,000
    GRAYS HARBOR YOUTH WORKS
    PO BOX 1786
    OCEAN SHORES,WA98569
    NONE PC CAPACITY BUILDING FOR 25,000
    Foundation For Academic Endeavors
    PO BOX 945
    Mount Vernon,WA98273
    NONE PC SKAGIT VALLEY SUMMER 50,000
    COMMUNITY FOR YOUTH
    999 3RD AVENUE 1080
    SEATTLE,WA98104
    NONE PC ENHANCED STUDENT MENTOR 20,000
    SUMMER SEARCH
    635 ANDOVER PARK W 8-200
    Tukwila,WA98188
    NONE PC SUPPORTING NEXT PHRASE OF 45,000
    NATURE VISION INC
    22509 STATE ROUTE 9 SE
    WOODINVILLE,WA98072
    NONE PC NATURE DISCOVERIES SCHOOL 45,000
    ROCHESTER ORGANIZATION OF FAMILIES
    PO BOX 312
    ROCHESTER,WA98579
    NONE PC KID'S PLACE AFTER SCHOOL 58,500
    Mount Adams School District
    PO BOX 578
    White Swan,WA98952
    NONE PC WHITE SWAN HIGH SCHOOL LINK 25,250
    Boys & Girls Club of King County
    603 STEWART STREET 300
    Seattle,WA98101
    NONE PC EXPANDED LEARNING AND 40,000
    Tacoma Community House
    1314 SOUTH L STREET
    Tacoma,WA98405
    NONE PC READ2ME 30,000
    CHILDREN'S HOME SOCIETY OF WASHINGTON
    1612 PENNY LANE
    WALLA WALLA,WA99362
    NONE PC VALLE LINDO ACADEMIC FUN 60,000
    MUSEUM OF FLIGHT FOUNDATION
    9404 E MARGINAL WAY S
    TUKWILA,WA981084807
    NONE PC WA INFORMAL SCIENCE 25,000
    Skagit Valley College Foundation
    2405 E COLLEGE WAY
    Mount Vernon,WA98273
    NONE PC HEAD START EARLY CHILDREN 40,000
    COMMUNITY YOUTH SERVICES
    711 STATE AVE NE
    OLYMPIA,WA98506
    NONE PC SETUP SUPPLEMENTAL 16,185
    GRANITE FALLS SCHOOL DISTRICT
    205 N ALDER AVENUE
    GRANITE FALLS,WA98252
    NONE PC GRANITE FALLS MENTOR 38,222
    MANSON SCHOOL DISTRICT #19
    PO BOX A
    MANSON,WA98831
    NONE PC HIGH SCHOOL INTERNSHIP 40,000
    PORT GAMBLE S'KLALLAM FOUNDATION
    31912 LITTLE BOSTON ROAD NE
    KINGSTON,WA98346
    NONE PC MAPPING SUCCESSFUL 25,000
    ALLIANCE FOR EDUCATION
    509 OLIVE WAY 500
    SEATTLE,WA981012556
    NONE PC SEATTLE TEACHER RESIDENCY 40,000
    CATHOLIC COMMUNITY SERVICES OF WESTERN
    WASHINGTON
    100 23RD AVENUE S
    SEATTLE,WA98144
    NONE PC YOUTH TUTORING PROGRAM 45,000
    PAGE AHEAD CHILDREN'S LITERACY PROGRAM
    1130 NW 85TH STREET
    SEATTLE,WA98117
    NONE PC BOOK UP SUMMER 30,000
    WASHINGTON ALLIANCE FOR BETTER SCHOOLS
    18560 1ST AVENUE NE
    SHORELINE,WA98155
    NONE PC NATURAL LEADERS PROGRAM 30,000
    COMMUNITIES IN SCHOOLS OF LAKEWOOD
    10828 GRAVELLY LAKE DRIVE SW 104
    LAKEWOOD,WA98499
    NONE PC LAKEWOOD SCHOOL AND STUDENT 40,000
    PALMER SCHOLARS
    PO BOX 7119
    TACOMA,WA98417
    NONE PC COLLEGE READINESS AND 40,000
    COFFEE OASIS
    837 4TH STREET
    BREMERTON,WA98337
    NONE PC OASIS ASSIST 35,000
    PEACE COMMUNITY CENTER
    2106 S CUSHMAN AVENUE
    TACOMA,WA98405
    NONE PC HILLTOP SCHOLARS 60,000
    READINESS TO LEARN FOUNDATION
    PO BOX 280
    Langley,WA98260
    NONE PC ASSISTANCE FOR AT-RISK 45,000
    COMMUNITIES IN SCHOOLS OF SEATTLE
    PO BOX 24872
    SEATTLE,WA98124
    NONE PC SITE COORDINATION 50,000
    NORTHWEST MARITIME CENTER
    431 WATER STREET
    PORT TOWNSEND,WA98368
    NONE PC MARITIME DISCOVERY PROGRAM 30,000
    Institute for Systems Biology
    401 TERRY AVENUE N
    Seattle,WA98109
    NONE PC PRINCIPLES OF SCIENCE FOR 20,000
    COMMUNITIES IN SCHOOLS OF PENINSULA
    PO BOX 684
    VAUGHN,WA98394
    NONE PC SITE COORDINATION 42,000
    BOYS AND GIRLS CLUBS OF THURSTON COUNTY
    2424 HERITAGE CT SE 301
    OLYMPIA,WA98502
    NONE PC GET GOOD GRADES 45,000
    COMMUNITIES IN SCHOOLS OF TACOMA
    708 SOUTH J STREET
    TACOMA,WA98405
    NONE PC READY SET READ TACOMA 50,000
    EAST AFRICAN COMMUNITY SERVICES
    7050 32ND AVENUE S
    SEATTLE,WA98118
    NONE PC K-12 AFTERSCHOOL PROGRAM 60,000
    CHILDREN'S MUSEUM OF TACOMA
    1501 PACIFIC AVENUE 202
    TACOMA,WA98402
    NONE PC PLAY TO LEARN 45,000
    IMAGINE CHILDREN'S MUSEUM
    1502 WALL STREET
    EVERETT,WA98201
    NONE PC LAKE STEVENS LITTLE SCIENCE 23,026
    COMMUNITIES IN SCHOOLS OF FEDERAL WAY
    PO BOX 3317
    FEDERAL WAY,WA98003
    NONE PC SITE COORDINATION PROJECT 50,000
    Total .................................bullet 3a 2,065,158
    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 ...........
        14 7,081  
    4 Dividends and interest from securities....     14 211,367  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............
        18 676,780  
    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)..   895,228  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    895,228
    (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:
    DISCUREN FOUNDATION
    EIN:
    20-2046554
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX RETURN PREPARATION FEES 5,572 5,015   557

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    DISCUREN FOUNDATION
    EIN:
    20-2046554
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ROLLINS INC    
    WOODWARD INC 8,545 19,241
    SYKES ENTERPRISES 8,023 13,354
    HILL-ROM HOLDINGS INC    
    MICROSEMI CORP    
    SILGAN HOLDINGS INC 12,812 12,755
    WINNEBAGO INDUSTRIES INC    
    HELEN OF TROY LTD    
    ITRON INC    
    EURONET WORLDWIDE INC 12,270 22,933
    REGAL BELOIT CORPORATION 12,918 12,329
    WEST PHARMACEUTICALS SERVICES 4,134 21,174
    EATON CORP PLC 11,533 18,607
    A T & T INC 19,641 28,569
    ABBVIE INC 10,292 34,479
    AIR PRODUCTS & CHEMICALS INC 6,963 21,127
    AMERICAN TOWER REIT INC 12,204 28,474
    APPLE INC 19,697 43,221
    BLACKROCK INC 11,152 27,497
    C V S HEALTH CORP 20,480 29,550
    CHUBB LIMITED 30,361 35,395
    CISCO SYSTEMS INC 11,578 35,834
    COMCAST CORP 7,828 33,131
    DANAHER CORP 9,582 49,291
    HOME DEPOT INC 18,463 39,690
    INTEL CORP 15,353 39,891
    INTERNATIONAL BUSINESS MACHINE 1,719 23,416
    METLIFE INC 30,672 34,942
    MICROSOFT CORP 14,191 56,371
    MONDELEZ INTERNATIONAL INC 12,866 22,297
    NOVARTIS AG 26,032 41,618
    ORACLE CORP 9,960 35,804
    PEPSICO INC 19,529 36,569
    PFIZER INC    
    PROCTER & GAMBLE CO COM 26,421 42,927
    QUALCOMM INC 21,143 35,057
    SCHWAB CHARLES CORP 8,628 31,729
    STRYKER CORP 10,571 38,561
    T J X COMPANIES INC    
    UNITED PARCEL SERVICE INC 17,894 29,357
    UNITEDHEALTH GROUP INC 8,056 44,343
    VF CORPORATION 4,983 27,894
    WELLS FARGO & CO    
    P N C FINANCIAL SERVICES GROUP 23,394 44,426
    MEDTRONIC PLC 34,259 42,205
    ECOLAB INC 19,702 25,197
    PAYPAL HOLDINGS INC 13,360 36,747
    3M CO 27,970 34,107
    VISA INC 19,930 36,415
    CYPRESS SEMICONDUCTOR CORP    
    ESCO TECHNOLOGIES INC 10,360 17,741
    F N B CORPORATION    
    PROS HOLDINGS INC 10,974 17,239
    UNIVERSAL ELECTRONICS INC    
    WASTE MANAGEMENT INC 34,596 52,237
    BANCORP SOUTH BANK INC    
    CAMBREX CORP 12,232 11,517
    COMMVAULT SYSTEMS INC 13,510 18,141
    CUBIC CORPORATION 14,593 17,089
    D C T INDUSTRIAL TRUST INC.    
    EDUCATION REALTY TRUST INC    
    ENERSYS 15,457 22,973
    GENTHERM INC    
    HEALTHCARE TRUST OF AMERICA IN 8,552 8,200
    OXFORD INDUSTRIES INC    
    PERFICIENT INC 5,878 6,967
    SPIRE INC. 16,378 22,743
    WESTERN ALLIANCE BANCORP 5,985 6,042
    ICON PLC    
    BB&T CORP 20,016 23,523
    DISNEY WALT CO 12,914 47,807
    LIVANOVA PLC 17,685 21,861
    O M ASSET MANAGEMENT PLC    
    AMERIS BANCORP 21,333 13,998
    BANC OF CALIFORNIA INC 19,098 12,298
    BELDEN INC    
    C&J ENERGY SERVICES INC    
    COLUMBUS MCKINNON CORPORATION    
    FIRST BANCORP 8,074 9,308
    HEALTHSTREAM INC    
    I C U MEDICAL INC 13,940 18,830
    LEGACYTEXAS FINANCIAL GROUP    
    LIGAN PHARMACEUTICALS    
    LUMENTUM HOLDINGS INC 18,125 13,905
    NAUTILUS INC 12,092 7,358
    NEENAH PAPER INC 16,368 12,314
    NEKTAR THERAPEUTICS    
    REATA PHARMACEUTICALS INC 4,132 8,303
    T T M TECHNOLOGIES INC 16,375 11,374
    TEREX CORP    
    UNION BANKSHARES CORPORATION 16,451 14,426
    W N S (HOLDINGS) LTD 11,249 16,174
    STARBUCKS CORP 33,073 37,481
    ADVANCED ENERGY INDUSTRIES 16,789 16,786
    ANGIODYNAMICS INC 18,223 21,277
    APOGEE ENTERPRISES INC 18,405 11,940
    ARRAY BIOPHARM INC 4,720 4,802
    BIOTELEMETRY INC 18,252 31,174
    BRIGHTSPHERE INVESTMENT GROUP 16,678 12,197
    CENTENNIAL RESOURCES DEVELOPME 20,301 11,626
    CHILDREN'S PLACE INC 27,164 20,180
    DICK'S SPORTING GOODS INC 17,901 18,190
    E L F BEAUTY INC 4,382 3,447
    EXTENDED STAY AMERICA INC 19,044 13,873
    FIREEYE INC 20,021 20,214
    HALOZYME THERAPEUTICS INC 6,250 4,682
    HERITAGE COMMERCE CORP 19,596 14,322
    INDEPENDENT BANK GROUP INC 19,890 13,365
    INNOPHOS HOLDINGS INC 18,132 9,542
    JOHN BEAN TECHNOLOGIES INC 19,370 14,793
    KURA ONCOLOGY INC 4,920 3,412
    LEGMELN INC 23,814 19,006
    OMNICELL TECHNOLOGIES COMPANY 17,941 24,251
    PENUMBRA INC 8,618 7,821
    QCR HOLDINGS INC 14,744 10,750
    R P T REALTY REAL ESTATE INVES 19,535 17,531

    TY 2018 InvestmentsOtherSchedule2
    Name:
    DISCUREN FOUNDATION
    EIN:
    20-2046554
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    PIMCO COMMODITY REAL RETURN ST AT COST 462,064 189,337
    Q-BLK STRATEGIC PARTNERS II LT AT COST 800,000 1,077,399
    PIMCO LOW DURATION ESG FUND AT COST 583,251 572,857
    TIAA-CREF SOCIAL CHOICE BOND F AT COST 589,568 572,496
    VANGUARD GNMA FUND AT COST 590,806 572,275
    BROWN CAPITAL MGMT SMALL CO FU AT COST 70,151 135,674
    DOMINI IMPACT EQUITY FUND AT COST 207,102 187,399
    DOMINI IMPACT INTL EQUITY FUND AT COST 207,000 186,199
    FIRST EAGLE OVERSEAS FUND AT COST 224,072 214,884
    FIRST TRUST GKLOBAL WIND ENERG AT COST 45,803 48,934
    HARBOR INTERNATIONAL FUND      
    ISHARES GOLD TRUST AT COST 227,901 233,375
    JP MORGAN EMERGING MARKETS EQU AT COST 337,257 327,300
    MFS INTERNATIONAL VALUE FUND AT COST 484,451 537,583
    MATTHEWS ASIA DIVIDEND FUND AT COST 228,910 195,408
    SPDR S&P BIOTECH ETF AT COST 10,351 40,252
    UTILITIES SELECT SECTOR SPDR E AT COST 16,369 34,028
    VANGUARD FTSE SOCIAL INDEX FUN AT COST 120,000 109,390

    TY 2018 LegalFeesSchedule
    Name:
    DISCUREN FOUNDATION
    EIN:
    20-2046554
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 39,509 3,951   35,558


    TY 2018 OtherAssetsSchedule
    Name:
    DISCUREN FOUNDATION
    EIN:
    20-2046554
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    INCOME RECEIPT IN FOLLOWING YR   5,671 5,671
    PREPAID PAYROLL EXPENSES 4,153 0 0


    TY 2018 OtherExpensesSchedule
    Name:
    DISCUREN FOUNDATION
    EIN:
    20-2046554
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROGRAM EXPENSES 2,445 0   2,445
    INVESTMENT AGENCY FEES 43,399 39,059   4,340
    INVESTMENT MANAGEMENT FEES 9,284 9,284   0
    PAYROLL SERVICE FEES 540 54   486


    TY 2018 TaxesSchedule
    Name:
    DISCUREN FOUNDATION
    EIN:
    20-2046554
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX PAYMENTS 2,668 0   0
    FOREIGN INCOME TAX PAID 3,715 3,715   0