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
THE KINSMAN FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)3727 SE SPAULDING AVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKIE, OR97267
A Employer identification number

93-0861885
B Telephone number (see instructions)

(503) 654-1668
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$23,430,506J 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 181,171 181,171  
4 Dividends and interest from securities... 396,615 396,615  
5a Gross rents............ 11,400 11,400  
b Net rental income or (loss) -7,337
6a Net gain or (loss) from sale of assets not on line 10 850,649
b Gross sales price for all assets on line 6a 7,173,960
7 Capital gain net income (from Part IV, line 2)... 850,649
8 Net short-term capital gain.........  
9 Income modifications........... 26,489
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........ 1,439,835 1,439,835 26,489
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 198,314 132,122   66,192
14 Other employee salaries and wages...... 151,194 97,895   53,299
15 Pension plans, employee benefits....... 114,318 75,176   39,142
16a Legal fees (attach schedule)......... Click to see attachment 710 710   0
b Accounting fees (attach schedule)....... Click to see attachment 5,000 3,750   1,250
c Other professional fees (attach schedule).... Click to see attachment 130,433 130,433   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 57,043 25,853   2,400
19 Depreciation (attach schedule) and depletion... Click to see attachment 11,469 9,774  
20 Occupancy.............. 79,820 71,600   8,220
21 Travel, conferences, and meetings....... 764 0   764
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 31,289 9,796   21,493
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 780,354 557,109   192,760
25 Contributions, gifts, grants paid....... 1,185,350 1,185,350
26 Total expenses and disbursements. Add lines 24 and 25 1,965,704 557,109   1,378,110
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -525,869
b Net investment income (if negative, enter -0-) 882,726
c Adjusted net income (if negative, enter -0-)... 26,489
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............. 18,953 16,434 16,434
2 Savings and temporary cash investments......... 6,715,401 7,297,258 7,059,335
3 Accounts receivable bullet1,274
Less: allowance for doubtful accounts bullet   117,621 1,274 1,274
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 146,725 Click to see attachment148,767 163,069
b Investments—corporate stock (attach schedule)....... 12,573,452 Click to see attachment11,665,464 14,511,964
c Investments—corporate bonds (attach schedule)....... 319,412 Click to see attachment273,812 272,482
11 Investments—land, buildings, and equipment: basis bullet980,568
Less: accumulated depreciation (attach schedule) bullet135,308 853,339 Click to see attachment845,260 1,100,000
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet330,258
Less: accumulated depreciation (attach schedule) bullet41,160 291,773 Click to see attachment289,098 305,948
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 21,036,676 20,537,367 23,430,506
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 attachment1,432 Click to see attachment1,503
23 Total liabilities (add lines 17 through 22)......... 1,432 1,503
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........ 182,801 182,801
28 Paid-in or capital surplus, or land, bldg., and equipment fund 394,140 394,140
29 Retained earnings, accumulated income, endowment, or other funds 20,458,303 19,958,923
30 Total net assets or fund balances (see instructions)..... 21,035,244 20,535,864
31 Total liabilities and net assets/fund balances (see instructions). 21,036,676 20,537,367
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
21,035,244
2
Enter amount from Part I, line 27a .....................
2
-525,869
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
26,489
4
Add lines 1, 2, and 3 ..........................
4
20,535,864
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
20,535,864
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b LITIGATION SETTLEMENT PROCEEDS P    
c K-1 CAPITAL LOSS      
d CAPITAL GAINS DIVIDENDS P    
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 7,172,536   6,323,267 849,269
b 542     542
c     44 -44
d 882     882
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       849,269
b       542
c       -44
d       882
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 850,649
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 1,363,984 25,524,540 0.053438
2016 1,369,838 24,312,577 0.056343
2015 1,396,321 25,587,873 0.054570
2014 1,291,087 26,169,224 0.049336
2013 1,334,798 25,280,884 0.052799
2
Total of line 1, column (d) .....................
2
0.266486
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
0.053297
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
25,659,249
5
Multiply line 4 by line 3......................
5
1,367,561
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
8,827
7
Add lines 5 and 6........................
7
1,376,388
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,378,110
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 8,827
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 8,827
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 8,827
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 19,200
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 19,200
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 10,373
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet4,500 RefundedBullet 11 5,873
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletOR
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.KINSMANFOUNDATION.ORG
    14
    The books are in care ofbulletTHE FOUNDATION Telephone no.bullet (503) 654-1668

    Located atbullet3727 SE SPAULDING AVEMILWAUKIEOR ZIP+4bullet97267
    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
    KEITH KINSMAN PRESIDENT
    20.00     		42,000 10,500 0
    3727 SE SPAULDING AVENUE
    MILWAUKIE,OR97267
    PAMELA REYNOLDS TREASURER
    15.00     		73,084 18,271 0
    3727 SE SPAULDING AVENUE
    MILWAUKIE,OR97267
    JACK SCHWAB SECRETARY
    2.00     		0 0 0
    3727 SE SPAULDING AVENUE
    MILWAUKIE,OR97267
    PAIGE KINSMAN DIRECTOR
    2.00     		0 0 0
    3727 SE SPAULDING AVENUE
    MILWAUKIE,OR97267
    SARA BAILEY VICE PRESIDENT
    35.00     		83,230 20,808 0
    3727 SE SPAULDING AVENUE
    MILWAUKIE,OR97267
    SHELLEY BAILEY DIRECTOR
    2.00     		0 0 0
    3727 SE SPAULDING AVENUE
    MILWAUKIE,OR97267
    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
    ELAINE WOOD ACCOUNTANT
    30.00     		85,860 21,465 0
    3727 SE SPAULDING AVE
    MILWAUKIE,OR97267
    KERRY WOODKE GRANTS ASSOCIATE
    37.50     		54,451 13,613 0
    3727 SE SPAULDING AVE
    MILWAUKIE,OR97267
    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
    THE MAUSS GROUP MERRILL LYNCH INVESTMENT MANAGEMENT FEES 59,986
    1201 PACIFIC AVE STE 1800
    TACOMA,WA98402
    FERGUSON WELLMAN CAPITAL MANAGEMENT INVESTMENT MANAGEMENT FEES 55,854
    888 SW FIFTH AVE SUITE 1200
    PORTLAND,OR97204
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    16,953,831
    b
    Average of monthly cash balances.......................
    1b
    7,717,383
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,378,785
    d
    Total (add lines 1a, b, and c).........................
    1d
    26,049,999
    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
    26,049,999
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    390,750
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    25,659,249
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,282,962
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,282,962
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    8,827
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,827
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,274,135
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    26,489
    5
    Add lines 3 and 4............................
    5
    1,300,624
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,300,624
    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
    1,378,110
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,378,110
    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
    8,827
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,369,283
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 1,300,624
    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...... 99,480
    b From 2014...... 5,281
    c From 2015...... 134,720
    d From 2016...... 167,769
    e From 2017...... 108,157
    fTotal of lines 3a through e........ 515,407
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 1,378,110
    a Applied to 2017, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 1,300,624
    e Remaining amount distributed out of corpus 77,486
    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 5 592,893
    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) ...     		99,480
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		493,413
    10 Analysis of line 9:
    a Excess from 2014.... 5,281
    b Excess from 2015.... 134,720
    c Excess from 2016.... 167,769
    d Excess from 2017.... 108,157
    e Excess from 2018.... 77,486
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    SARA BAILEY
    3727 SE SPAULDING AVE
    PORTLAND,OR97267
    (503) 654-1668
    bThe form in which applications should be submitted and information and materials they should include:
    TO APPLY FOR A 2019 GRANT OR A 2020 ARTS, CULTURE AND THE HUMANITIES GRANT PLEASE VISIT OUR WEBSITE, WWW.KINSMANFOUNDATION.ORG, AND NAVIGATE TO THE PAGE NAMED APPLICATION GUIDELINES; CONTACT OUR OFFICE BY PHONE OR MAIL; OR EMAIL GRANTS@KINSMANFOUNDATION.ORG TO HAVE A DETAILED DESCRIPTION OF OUR GRANTMAKING PROCESS AND POLICIES. WE STRONGLY PREFER INITIAL LETTERS OF INQUIRY SUBMITTED THROUGH THE GRANT APPLICATION SOFTWARE ON OUR WEBSITE, BUT THEY MAY BE SUBMITTED BY MAIL, EMAIL, OR FAX. MISSION STATEMENT WE ENCOURAGE THE ENJOYMENT OF LIFE THROUGH THE TRADITIONAL OREGONIAN AND AMERICAN VALUES OF FREETHINKING; CHALLENGING ABUSIVE POWER; RESPECT FOR PERSONAL CREATIVITY, SKILL, EFFORT AND ACCOMPLISHMENT; DEDICATION TO INDIVIDUAL JUSTICE; AND APPRECIATION OF THE NATURAL WORLD. OUR MODEL GRANT RECIPIENT IS A SMALL, INDEPENDENT ORGANIZATION STAFFED AT LEAST IN PART BY VOLUNTEERS, AND BUILT ON AN INDIVIDUAL'S COMMITMENT TO A HOPE, VISION OR DREAM.
    cAny submission deadlines:
    SEE WEBSITE.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    ELIGIBILITY GRANTS ARE AWARDED FOR THESE PURPOSES: HISTORIC PRESERVATION, PRIMARILY ARCHITECTURAL PRESERVATION NATIVE WILDLIFE REHABILITATION AND APPRECIATION, PARTICULARLY REHABILITATION PROGRAMS PROVIDING URGENT CARE FOR NATIVE WILDLIFE; AND APPRECIATION PROGRAMS THAT PROMOTE INDIVIDUALS' STEWARDSHIP, UNDERSTANDING AND ENJOYMENT OF NATIVE WILDLIFE ARTS, CULTURE AND THE HUMANITIES; EMPHASIZING THEATER, PHOTOGRAPHY AND LITERARY ARTS. AN IMPORTANT ELEMENT OF ALL GRANTS IS A BENEFIT TO THE PUBLIC AT LARGE, RATHER THAN TO SPECIALIZED POPULATIONS OR GROUPS. GRANTS ARE AWARDED ONLY TO TAX-EXEMPT NON-PROFIT 501(C)(3) ORGANIZATIONS AND GOVERNMENT AGENCIES. THE GEOGRAPHICAL AREA FOR OUR GRANTS IS OREGON AND SOUTHERN WASHINGTON.
    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
    ALEX ROVELLO MEMORIAL FOUNDATION
    4207 SE WOODSTOCK BLVD
    PORTLAND,OR97206     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 5,000
    AMERICAN WILDLIFE FOUNDATION
    PO BOX 1246
    MOLALLA,OR97038     		  PUBLIC CHARITY WILDLIFE REHABILITATION 15,000
    AMPHIBIOUS FORCES MEMORIAL MUSEUM INC
    PO BOX 17220
    PORTLAND,OR97217     		  PUBLIC CHARITY HISTORIC PRESERVATION 4,500
    ARTISTS REPERTORY THEATRE
    1515 SW MORRISON ST
    PORTLAND,OR97205     		  PUBLIC CHARITY ARTISTIC PERFORMANCES 15,000
    ASSOCIATION OF SMALL FOUNDATIONS
    1720 N STREET NW
    WASHINGTON,DC20036     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 2,000
    BADGER RUN WILDLIFE REHAB
    15993 HOMESTEAD LANE
    KLAMATH FALLS,OR97601     		  PUBLIC CHARITY ORGANIZATIONAL SUPPORT 10,000
    BAG & BAGGAGE PRODUCTIONS
    350 E MAIN STREET
    HILLSBORO,OR97123     		  PUBLIC CHARITY ARTISTIC PERFORMANCES 7,500
    BLUE MOUNTAIN WILDLIFE
    71046 APPALOOSA LANE
    PENDLETON,OR97801     		  PUBLIC CHARITY WILDLIFE REHABILITATION 12,000
    BOOM ARTS INC
    431 NW FLANDERS ST SUITE 100
    PORTLAND,OR97209     		  PUBLIC CHARITY ARTISTIC PERFORMANCES 5,000
    BROADWAY ROSE THEATRE COMPANY
    PO BOX 231004
    TIGARD,OR97281     		  PUBLIC CHARITY ARTISTIC PERFORMANCES 20,000
    BUMP IN THE ROAD THEATRE
    3519 NE 15TH AVE ST 258
    PORTLAND,OR97212     		  PUBLIC CHARITY ARTISTIC MEETINGS 2,500
    BUTTE CREEK MILL FOUNDATION
    PO BOX 957
    EAGLE POINT,OR97524     		  PUBLIC CHARITY HISTORIC PRESERVATION 5,000
    CALYX INC
    PO BOX B
    CORVALLIS,OR97339     		  PUBLIC CHARITY LITERARY PUBLICATION 7,000
    CAMP FIRE COLUMBIA
    1411 SW MORRISON ST 300
    PORTLAND,OR97205     		  PUBLIC CHARITY HISTORIC PRESERVATION 5,000
    CAMP FIRE COLUMBIA
    1411 SW MORRISON ST 300
    PORTLAND,OR97205     		  PUBLIC CHARITY HISTORIC PRESERVATION 15,000
    CANNON BEACH HISTORICAL SOCIETY
    PO BOX 1005
    CANNON BEACH,OR97110     		  PUBLIC CHARITY HISTORIC PRESERVATION 12,000
    CASCADES RAPTOR CENTER
    PO BOX 5386
    EUGENE,OR97405     		  PUBLIC CHARITY WILDLIFE REHABILITATION 40,000
    CENTRAL CATHOLIC HIGH SCHOOL
    2401 SE STARK
    PORTLAND,OR97214     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 5,000
    CHINTIMINI WILDLIFE REHABILITATION CENTER
    311 NW LEWISBURG AVE
    CORVALLIS,OR97339     		  PUBLIC CHARITY WILDLIFE REHABILITATION 12,000
    CITY OF BAKER CITY OREGON
    1655 1ST STREET PO BOX 650
    BAKER CITY,OR97814     		  GOVERNMENT HISTORIC PRESERVATION, EXCLUSIVELY PUBLIC PURPOSES 5,000
    CITY OF COTTAGE GROVE OREGON
    40 SOUTH 6TH STREET
    COTTAGE GROVE,OR97424     		  GOVERNMENT HISTORIC PRESERVATION, EXCLUSIVELY PUBLIC PURPOSES 10,000
    CITY OF ECHO OREGON
    PO BOX 9 20 S BONANZA
    ECHO,OR97826     		  GOVERNMENT HISTORIC PRESERVATION, EXCLUSIVELY PUBLIC PURPOSES 5,000
    COHO PRODUCTIONS LTD
    2257 NW RALEIGH ST
    PORTLAND,OR97210     		  PUBLIC CHARITY ARTISTIC PERFORMANCES 5,000
    COLUMBIA ARTS
    PO BOX 1543
    HOOD RIVER,OR97031     		  PUBLIC CHARITY ARTISTIC PERFORMANCES 5,000
    COLUMBIA GORGE ORCHESTRA ASSOCIATION
    PO BOX 1019
    HOOD RIVER,OR97031     		  PUBLIC CHARITY ARTISTIC PERFORMANCES 5,000
    CRESWELL HERITAGE FOUNDATION
    PO BOX 1337
    CRESWELL,OR97426     		  PUBLIC CHARITY HISTORIC PRESERVATION 2,500
    CRESWELL HERITAGE FOUNDATION
    PO BOX 1337
    CRESWELL,OR97426     		  PUBLIC CHARITY HISTORIC PRESERVATION 10,000
    EAST WASHINGTON COUNTY SHELTER PARTNERSHIP COUNCIL INC
    11130 SW GREENBURG RD
    TIGARD,OR97223     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000
    EASTERN OREGON REGIONAL THEATER INC
    2101 MAIN ST SUITE 207
    BAKER CITY,OR97814     		  PUBLIC CHARITY HISTORIC PRESERVATION 10,000
    FIRST BAPTIST CHURCH
    125 SE COWLS STREET
    MCMINNVILLE,OR97218     		  PUBLIC CHARITY HISTORIC PRESERVATION 20,000
    FISHTRAP INC
    PO BOX 38
    ENTERPRISE,OR97828     		  PUBLIC CHARITY ARTISTIC MEETINGS 10,000
    FORESTS FOREVER INC
    PO BOX 1320
    OREGON CITY,OR97045     		  PUBLIC CHARITY HISTORIC PRESERVATION 3,000
    FORESTS FOREVER INC
    PO BOX 1320
    OREGON CITY,OR97045     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 5,000
    FORESTS FOREVER INC
    PO BOX 1320
    OREGON CITY,OR97045     		  PUBLIC CHARITY HISTORIC PRESERVATION 35,000
    FRIENDS OF FISH LAKE
    1285 S 41ST PLACE
    SPRINGFIELD,OR97478     		  PUBLIC CHARITY HISTORIC PRESERVATION 5,000
    FRIENDS OF HISTORIC FOREST GROVE
    PO BOX 123
    FOREST GROVE,OR97116     		  PUBLIC CHARITY HISTORIC PRESERVATION 20,000
    FRIENDS OF SANTIAM PASS SKI LODGE
    PO BOX 1135
    SISTERS,OR97759     		  PUBLIC CHARITY HISTORIC PRESERVATION 25,000
    FRIENDS OF SKAMOKAWA FOUNDATION
    PO BOX 67
    SKAMOKAWA,WA98647     		  PUBLIC CHARITY HISTORIC BUILDING PRESERVATION 7,000
    FRIENDS OF THE OREGON CAVES AND CHATEAU
    PO BOX 2195
    GRANTS PASS,OR97528     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 2,500
    FRIENDS OF YAMHELAS WESTSIDER TRAIL
    PO BOX 861
    CARLTON,OR97111     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 5,000
    GLADSTONE EDUCATION FOUNDATION
    17789 WEBSTER RD
    GLADSTONE,OR97027     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 2,500
    GUIDESTAR USA INC
    4801 COURTHOUSE ST STE 220
    WILLIAMSBURG,VA231882678     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 500
    HAND2MOUTH
    210 SE MADISON STE 11
    PORTLAND,OR97214     		  PUBLIC CHARITY ARTISTIC PERFORMANCES 9,000
    HAPPY VALLEY ELEMENTARY PTO
    13865 SE KING RD
    HAPPY VALLEY,OR97086     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 5,000
    HAWKWATCH INTERNATIONAL INC
    2240 S 900 E
    SALT LAKE CITY,UT84106     		  PUBLIC CHARITY WILDLIFE APPRECIATION 5,000
    HISTORIC PRESERVATION LEAGUE OF OREGON
    1130 SW MORRISON ST
    PORTLAND,OR97205     		  PUBLIC CHARITY HISTORIC PRESERVATION 30,000
    IMAGO THE THEATRE MASK ENSEMBLE
    PO BOX 15182
    PORTLAND,OR972935182     		  PUBLIC CHARITY ARTISTIC PERFORMANCES 12,000
    JACKNIFE-ZION-HORSEHEAVEN HISTORICAL SOCIETY
    PO BOX 1040
    ESTACADA,OR97023     		  PUBLIC CHARITY HISTORIC PRESERVATION 17,000
    JANE A THEATER COMPANY
    1385 SW DELLWOOD AVE
    PORTLAND,OR97225     		  PUBLIC CHARITY ARTISTIC PERFORMANCES 2,500
    JOSEPHY CENTER FOR ARTS AND CULTURE
    PO BOX 949
    JOSEPH,OR97846     		  PUBLIC CHARITY ARTISTIC WORKS EXHIBITION 5,000
    JPR FOUNDATION INC
    1250 SISKIYOU BLVD
    ASHLAND,OR97520     		  PUBLIC CHARITY HISTORIC PRESERVATION 10,000
    KLAMATH BIRD OBSERVATORY
    PO BOX 758
    ASHLAND,OR97520     		  PUBLIC CHARITY WILDLIFE APPRECIATION 5,000
    LITERARY ARTS INC
    925 SW WASHINGTON ST
    PORTLAND,OR97205     		  PUBLIC CHARITY ARTISTIC SALARIES 10,000
    LORD LEEBRICK THEATRE COMPANY
    174 WEST BROADWAY
    EUGENE,OR97401     		  PUBLIC CHARITY ARTISTIC PERFORMANCES 9,000
    MALHEUR COUNTRY HISTORICAL SOCIETY
    PO BOX 961
    ONTARIO,OR97914     		  PUBLIC CHARITY HISTORIC PRESERVATION 5,000
    MIRACLE THEATRE GROUP
    425 SE 6TH AVE
    PORTLAND,OR97214     		  PUBLIC CHARITY ARTISTIC PERFORMANCES 17,500
    MOUNT ANGEL ABBEY
    1 ABBEY DRIVE
    SAINT BENEDICT,OR97373     		  PUBLIC CHARITY HISTORIC PRESERVATION 33,350
    NATIONAL TRUST FOR HISTORIC PRESERVATION IN THE UNITED STATES
    1420 OGDEN ST SUITE 203
    DENVER,CO80218     		  PUBLIC CHARITY HISTORIC PRESERVATION 10,000
    NATIVE BIRD CARE OF SISTERS OREGON
    PO BOX 3500 PMB 409
    SISTERS,OR97759     		  PUBLIC CHARITY WILDLIFE REHABILITATION 3,000
    NESWKOWIN COAST FOUNDATION
    56605 SITKA DR
    OTIS,OR97368     		  PUBLIC CHARITY ARTISTIC SALARIES 1,500
    NONPROFIT ASSOCIATION OF OREGON
    5100 SW MACADAM STE 360
    PORTLAND,OR97214     		  PUBLIC CHARITY ORGANIZATIONAL SUPPORT 15,000
    OLD CHURCH SOCIETY INC
    1422 SW 11TH AVE
    PORTLAND,OR97201     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 20,000
    OREGON ARTS WATCH
    2146 NE 14TH AVENUE
    PORTLAND,OR97212     		  PUBLIC CHARITY ORGANIZATIONAL SUPPORT 5,000
    OREGON CARTOON INSTITUTE
    77 NW MORRIS
    PORTLAND,OR97212     		  PUBLIC CHARITY ARTISTIC MEETINGS 5,000
    OREGON CENTER FOR THE PHOTOGRAPHIC ARTS INC
    122 NW 8TH AVE
    PORTLAND,OR97209     		  PUBLIC CHARITY ARTISTIC WORKS EXHIBITION 12,500
    OREGON COAST AQUARIUM INC
    2820 SE FERRY SLIP ROAD
    NEWPORT,OR97365     		  PUBLIC CHARITY WILDLIFE REHABILITATION 12,000
    OREGON COUNCIL FOR THE HUMANITIES
    921 SW WASHINGTON ST SUITE 150
    PORTLAND,OR97205     		  PUBLIC CHARITY ARTISTIC MEETINGS 18,000
    OREGON HEALTH & SCIENCE UNIVERSITY FOUNDATION
    1121 SW SALMON ST STE 100
    PORTLAND,OR972052021     		  PUBLIC CHARITY HEALTH CARE TRAINING PROGRAM 80,000
    OREGON INSTITUTE OF SCIENCE AND MEDICINE
    PO BOX 1279
    CAVE JUNCTION,OR97523     		  PUBLIC CHARITY SCIENTIFIC RESEARCH 50,000
    OREGON INSTITUTE OF SCIENCE AND MEDICINE
    PO BOX 1279
    CAVE JUNCTION,OR97523     		  PUBLIC CHARITY SCIENTIFIC RESEARCH 24,000
    OREGON NORDIC CLUB
    PO BOX 3906
    PORTLAND,OR97208     		  PUBLIC CHARITY HISTORIC PRESERVATION 5,000
    OREGON PUBLIC BROADCASTING
    7140 SW MACADAM
    PORTLAND,OR97219     		  PUBLIC CHARITY ARTISTIC MEDIA PROGRAMMING 20,000
    OREGON SHAKESPEARE FESTIVAL ASSOCIATION
    PO BOX 158
    ASHLAND,OR97520     		  PUBLIC CHARITY ARTISTIC PERFORMANCES 20,000
    OYSTERVILLE RESTORATION FOUNDATION
    PO BOX 71
    OYSTERVILLE,WA98641     		  PUBLIC CHARITY HISTORIC PRESERVATION 25,000
    POETRY NORTHWEST
    2000 TOWER STREET
    EVERETT,WA98201     		  PUBLIC CHARITY LITERARY PUBLICATION 5,000
    PORTLAND ACTORS CONSERVATORY
    1436 SW MONTGOMERY ST
    PORTLAND,OR97201     		  PUBLIC CHARITY ARTISTIC PERFORMANCES 7,500
    PORTLAND ART MUSEUM
    1219 SW PARK AVE
    PORTLAND,OR972052430     		  PUBLIC CHARITY ARTISTIC WORKS EXHIBITION 10,000
    PORTLAND AUDUBON SOCIETY
    5151 NW CORNELL RD
    PORTLAND,OR97210     		  PUBLIC CHARITY WILDLIFE REHABILITATION 20,000
    PORTLAND CENTER STAGE
    128 NW ELEVENTH AVE
    PORTLAND,OR97209     		  PUBLIC CHARITY ARTISTIC PERFORMANCES 20,000
    PORTLAND EXPERIMENTAL THEATRE ENSEMBLE
    1531 NE SCHUYLER ST 5
    PORTLAND,OR97212     		  PUBLIC CHARITY ARTISTIC PERFORMANCES 5,000
    PORTLAND INSTITUTE FOR CONTEMPORARY ART
    415 SW 10TH AVE STE 300
    PORTLAND,OR97205     		  PUBLIC CHARITY ARTISTIC PERFORMANCES 15,000
    PORTLAND PLAYHOUSE
    602 NE PRESCOTT ST
    PORTLAND,OR97211     		  PUBLIC CHARITY ARTISTIC PERFORMANCES 5,000
    PORTLAND REVELS
    1515 SW MORRISON ST
    PORTLAND,OR97205     		  PUBLIC CHARITY ARTISTIC PERFORMANCES 12,000
    PROFILE THEATRE PROJECT
    PO BOX 14845
    PORTLAND,OR97293     		  PUBLIC CHARITY ARTISTIC PERFORMANCES 13,500
    PTA OREGON CONGRESS
    2421 SE ORANGE AVE
    PORTLAND,OR97214     		  PUBLIC CHARITY HISTORIC PRESERVATION 5,000
    RICHARD EHRLICH FAMILY FOUNDATION
    31952 PACIFIC COAST HIGHWAY
    MALIBU,CA902652506     		  PUBLIC CHARITY ARTISTIC WORKS EXHIBITION 5,000
    RISK-REWARD
    5275 SE 50TH AVE
    PORTLAND,OR97206     		  PUBLIC CHARITY ARTISTIC PERFORMANCES 5,000
    ROWENA WILDLIFE CLINIC
    6900 HWY 30
    THE DALLES,OR97058     		  PUBLIC CHARITY WILDLIFE REHABILITATION 15,500
    SOAR WILDLIFE CENTER
    11467 HIGHWAY 66
    ASHLAND,OR97520     		  PUBLIC CHARITY WILDLIFE REHABILITATION 5,000
    SOWELU THEATER
    5706 NE SIMPSON ST
    PORTLAND,OR97218     		  PUBLIC CHARITY ARTISTIC PERFORMANCES 5,000
    STAGES OF LIFE
    3344 SE HAROLD CT
    PORTLAND,OR97202     		  PUBLIC CHARITY ARTISTIC PERFORMANCES 5,000
    STATE OF OREGON DEPARTMENT OF STATE POLICE
    3565 TRELSTAD AVE SE
    SALEM,OR973179614     		  GOVERNMENT GENERAL OPERATING SUPPORT - EXCLUSIVELY PUBLIC PURPOSES 20,000
    STELLA HISTORICAL SOCIETY
    PO BOX 363
    LONGVIEW,WA98632     		  PUBLIC CHARITY HISTORIC PRESERVATION 2,500
    STUMPTOWN STAGES
    159 LADD STREET
    LAKE OSWEGO,OR97034     		  PUBLIC CHARITY ARTISTIC PERFORMANCES 10,000
    THIRD RAIL REPERTORY THEATRE
    PO BOX 96063
    PORTLAND,OR97296     		  PUBLIC CHARITY ARTISTIC PERFORMANCES 13,000
    TRIANGLE PRODUCTIONS
    1785 NE SANDY BLVD MB 2
    PORTLAND,OR97232     		  PUBLIC CHARITY ARTISTIC PERFORMANCES 10,000
    TURTLE RIDGE WILDLIFE CENTER
    PO BOX 768
    SALEM,OR973080768     		  PUBLIC CHARITY WILDLIFE REHABILITATION 12,000
    UNITED WAY OF JACKSON COUNTY
    1457 EAST MCANDREWS
    MEDFORD,OR97504     		  PUBLIC CHARITY EXEMPT ORGANIZATIONS MEETING 1,500
    UNIVERSITY OF PORTLAND
    5000 N WILLAMETTE BLVD
    PORTLAND,OR97203     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 5,000
    VINTAGE HIGH SCHOOL MUSIC BOOSTERS
    PO BOX 3281
    NAPA,CA94558     		  PUBLIC CHARITY GENERAL OPERATING SUPPORT 20,000
    WASHINGTON STATE UNIVERSITY FOUNDATION
    PO BOX 647010
    PULLMAN,WA991647010     		  PUBLIC CHARITY WILDLIFE REHABILITATION 7,500
    WILDLIFE CENTER OF THE NORTH COAST
    89686 HIGHWAY 202
    ASTORIA,OR97103     		  PUBLIC CHARITY WILDLIFE REHABILITATION 15,000
    WILLAMETTE VALLEY DEVELOPMENT OFFICERS
    1220 SE MORRISON AVE 425
    PORTLAND,OR97205     		  PUBLIC CHARITY EXEMPT ORGANIZATIONS MEETING 1,500
    Total .................................bullet 3a 1,185,350
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 181,171  
    4 Dividends and interest from securities....     14 396,615  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 -7,337  
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    14 850,649  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 1,421,098 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,421,098
    (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:
    THE KINSMAN FOUNDATION
    EIN:
    93-0861885
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 5,000 3,750   1,250

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

    TY 2018 DepreciationSchedule
    Name:
    THE KINSMAN FOUNDATION
    EIN:
    93-0861885
    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 2001-04-21 1,815 1,815 SL 7.000000000000 0 0    
    DELL COMPUTER - ADMIN 2011-08-01 579 579 SL 5.000000000000 0 0    
    PRESSURE WASHER 2012-04-13 730 572 SL 7.000000000000 104 0    
    BUILDING SPAULDING 2001-04-21 71,230 30,512 SL 39.000000000000 1,826 0    
    ARCHITECTS - SPAULDING 2004-04-23 3,051 1,063 SL 39.000000000000 78 0    
    PAVING - SPAULDING 2004-11-05 1,430 1,247 SL 15.000000000000 95 0    
    LAND - SPAULDING 2001-04-21 51,310   L   0 0    
    HOUSE & COTTAGE (REM) 2001-11-20 175,169   NC 0 % 0 0    
    HOUSE WELL PUMP (REM) 2001-11-20 1,933   NC 0 % 0 0    
    HOUSE ALARM (REM) 2002-01-07 1,600   NC 0 % 0 0    
    HOUSE DECKS (REM) 2002-03-05 2,218   NC 0 % 0 0    
    HOUSE SPRINKLER (REM) 2002-04-08 6,618   NC 0 % 0 0    
    HOUSE MOONGATE (REM) 2002-04-15 1,052   NC 0 % 0 0    
    HOUSE ARCH GATE (REM) 2002-05-28 645   NC 0 % 0 0    
    HOUSE LIGHTING (REM) 2002-08-13 2,058   NC 0 % 0 0    
    COTTAGE WATERLINE (REM) 2002-12-03 1,364   NC 0 % 0 0    
    COTTAGE (LIFE) 2001-12-20 24,943   NC 0 % 0 0    
    MCNARY HOUSE (LIFE) 2001-12-20 249,431   NC 0 % 0 0    
    IMPROVEMENTS MCNARY (LIFE) 2002-06-10 19,852   NC 0 % 0 0    
    ELECTRIC PANEL UPGRADES 2005-10-07 10,793   NC 0 % 0 0    
    NEW ROOF MCNARY 2007-05-02 41,630   NC 0 % 0 0    
    GATE MOTOR 2007-08-31 3,036   NC 0 % 0 0    
    POND 2008-08-08 6,135   NC 0 % 0 0    
    LAND-HOUSE (REMAINDER) 2001-11-20 61,667   NC 0 % 0 0    
    LAND-HOUSE (LIFE) 2001-12-20 96,592   NC 0 % 0 0    
    PHONE SYSTEM 2015-02-12 3,443 1,230 SL 7.000000000000 492 0    
    DELL COMPUTER - SERVER 2015-02-26 698 350 SL 5.000000000000 140 0    
    DELL COMPUTER - GRANTS 2015-02-26 862 430 SL 5.000000000000 172 0    
    TREEHOUSE (REMAINDER) 2001-12-20 60,513 35,294 SL 27.500000000000 2,200 2,200    
    STRUCTURAL IMP T/H (REM) 2001-12-20 11,560 6,738 SL 27.500000000000 420 420    
    NEW ROOF TREEHOUSE (REM) 2001-12-20 1,429 834 SL 27.500000000000 52 52    
    SPRINKLER IMP T/H (REM) 2002-02-10 1,493 858 SL 27.500000000000 54 54    
    STRUCTURAL IMP T/H (REM) 2002-03-05 13,086 7,517 SL 27.500000000000 476 476    
    LIGHTING T/H (REM) 2002-08-13 535 292 SL 27.500000000000 19 19    
    TREEHOUSE (LIFE) 2001-12-20 94,784 55,286 SL 27.500000000000 3,447 3,447    
    STRUCTURAL IMP T/H (LIFE) 2001-12-20 13,379 7,802 SL 27.500000000000 487 487    
    NEW ROOF TREEHOUSE (LIFE) 2001-12-20 2,239 1,299 SL 27.500000000000 81 81    
    IMPROVEMENTS T/H (LIFE) 2002-06-10 19,984 11,299 SL 27.500000000000 727 727    
    LAND TREEHOUSE (REM) 2001-12-20 21,140   L   0 0    
    LAND TREEHOUSE (LIFE) 2001-12-20 33,112   L   0 0    
    DELL COMPUTER - FINANCE 2016-12-23 769 173 SL 5.000000000000 154 0    
    DELL COMPUTER - CEO 2016-12-23 580 131 SL 5.000000000000 116 0    
    FENCING - SPAULDING 2016-03-21 2,111 247 SL 15.000000000000 141 0    
    MCNARY PERSONAL PROPERTY 2016-12-31 191,514   NC 0 % 0 0    
    STOVE 2017-11-27 578 10 SL 5.000000000000 116 116    
    KEITH'S COMPUTER 2018-02-22 715   SL 5.000000000000 72 0    

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    THE KINSMAN FOUNDATION
    EIN:
    93-0861885
    Name of Bond End of Year Book Value End of Year Fair Market Value
    PUBLICLY TRADED CORPORATE BONDS 273,812 272,482

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE KINSMAN FOUNDATION
    EIN:
    93-0861885
    Name of Stock End of Year Book Value End of Year Fair Market Value
    PUBLICLY TRADED CORPORATE STOCK 11,665,464 14,511,964

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    THE KINSMAN FOUNDATION
    EIN:
    93-0861885
    US Government Securities - End of Year Book Value:

    148,767
    US Government Securities - End of Year Fair Market Value:

    163,069
    State & Local Government Securities - End of Year Book Value:


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


    0


    TY 2018 InvestmentsLandSchedule2
    Name:
    THE KINSMAN FOUNDATION
    EIN:
    93-0861885
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    HOUSE & COTTAGE (REM) 175,169 0 175,169  
    HOUSE WELL PUMP (REM) 1,933 0 1,933  
    HOUSE ALARM (REM) 1,600 0 1,600  
    HOUSE DECKS (REM) 2,218 0 2,218  
    HOUSE SPRINKLER (REM) 6,618 0 6,618  
    HOUSE MOONGATE (REM) 1,052 0 1,052  
    HOUSE ARCH GATE (REM) 645 0 645  
    HOUSE LIGHTING (REM) 2,058 0 2,058  
    COTTAGE WATERLINE (REM) 1,364 0 1,364  
    COTTAGE (LIFE) 24,943 0 24,943  
    MCNARY HOUSE (LIFE) 249,431 0 249,431  
    IMPROVEMENTS MCNARY (LIFE) 19,852 0 19,852  
    ELECTRIC PANEL UPGRADES 10,793 0 10,793  
    NEW ROOF MCNARY 41,630 0 41,630  
    GATE MOTOR 3,036 0 3,036  
    POND 6,135 0 6,135  
    LAND-HOUSE (REMAINDER) 61,667 0 61,667  
    LAND-HOUSE (LIFE) 96,592 0 96,592  
    TREEHOUSE (REMAINDER) 60,513 37,494 23,019  
    STRUCTURAL IMP T/H (REM) 11,560 7,158 4,402  
    NEW ROOF TREEHOUSE (REM) 1,429 886 543  
    SPRINKLER IMP T/H (REM) 1,493 912 581  
    STRUCTURAL IMP T/H (REM) 13,086 7,993 5,093  
    LIGHTING T/H (REM) 535 311 224  
    TREEHOUSE (LIFE) 94,784 58,733 36,051  
    STRUCTURAL IMP T/H (LIFE) 13,379 8,289 5,090  
    NEW ROOF TREEHOUSE (LIFE) 2,239 1,380 859  
    IMPROVEMENTS T/H (LIFE) 19,984 12,026 7,958  
    LAND TREEHOUSE (REM) 21,140 0 21,140  
    LAND TREEHOUSE (LIFE) 33,112 0 33,112  
    STOVE 578 126 452  

    TY 2018 LandEtcSchedule2
    Name:
    THE KINSMAN FOUNDATION
    EIN:
    93-0861885
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    OFFICE EQUIPMENT 1,815 1,815 0  
    PRESSURE WASHER 730 676 54  
    BUILDING SPAULDING 71,230 32,338 38,892  
    ARCHITECTS - SPAULDING 3,051 1,141 1,910  
    PAVING - SPAULDING 1,430 1,342 88  
    LAND - SPAULDING 51,310 0 51,310  
    PHONE SYSTEM 3,443 1,722 1,721  
    DELL COMPUTER - SERVER 698 490 208  
    DELL COMPUTER - GRANTS 862 602 260  
    DELL COMPUTER - FINANCE 769 327 442  
    DELL COMPUTER - CEO 580 247 333  
    FENCING - SPAULDING 2,111 388 1,723  
    MCNARY PERSONAL PROPERTY 191,514 0 191,514  
    KEITH'S COMPUTER 715 72 643  


    TY 2018 LegalFeesSchedule
    Name:
    THE KINSMAN FOUNDATION
    EIN:
    93-0861885
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 710 710   0


    TY 2018 OtherExpensesSchedule
    Name:
    THE KINSMAN FOUNDATION
    EIN:
    93-0861885
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK FEES 1,631 1,631   0
    DUES AND MEMBERSHIPS 750 375   375
    GRANT MANAGEMENT EXPENSE 6,500 0   6,500
    OFFICE EXPENSE 5,014 2,508   2,506
    WEBSITE MAINTENANCE 12,750 638   12,112
    TREEHOUSE INSURANCE 1,096 1,096   0
    TREEHOUSE MAINTENANCE 1,404 1,404   0
    TREEHOUSE PROPERTY REPAIRS 2,144 2,144   0


    TY 2018 OtherIncreasesSchedule
    Name:
    THE KINSMAN FOUNDATION
    EIN:
    93-0861885
    Description Amount
    RETURN OF GRANT FUNDS 26,489


    TY 2018 OtherLiabilitiesSchedule
    Name:
    THE KINSMAN FOUNDATION
    EIN:
    93-0861885
    Description Beginning of Year - Book Value End of Year - Book Value
    SECURITY DEPOSITS 1,432 1,503


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE KINSMAN FOUNDATION
    EIN:
    93-0861885
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 125,843 125,843   0
    APPRAISAL FEES 4,590 4,590   0


    TY 2018 TaxesSchedule
    Name:
    THE KINSMAN FOUNDATION
    EIN:
    93-0861885
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX WITHHELD 5,946 5,946   0
    TAXES - FEDERAL 28,790 0   0
    TAXES - STATE 2,400 0   2,400
    PROPERTY TAX EXPENSE - MCNARY 13,893 13,893   0
    TREEHOUSE PROPERTY TAX 6,014 6,014   0