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
KEITH & MARY KAY MCCAW FAMILY FOUND
 
Number and street (or P.O. box number if mail is not delivered to street address)201 TERRY AVENUE NORTH SUITE A
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SEATTLE, WA981095208
A Employer identification number

91-1920617
B Telephone number (see instructions)

(206) 282-1001
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$26,451,309J 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 224,997 224,997  
4 Dividends and interest from securities... 444,258 444,258  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 314,086
b Gross sales price for all assets on line 6a 4,975,164
7 Capital gain net income (from Part IV, line 2)... 314,086
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 983,341 983,341  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 503     503
b Accounting fees (attach schedule)....... Click to see attachment 3,325     3,325
c Other professional fees (attach schedule).... Click to see attachment 94,274 94,274    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 19,693 12,658    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 55     55
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 117,850 106,932   3,883
25 Contributions, gifts, grants paid....... 1,424,895 1,424,895
26 Total expenses and disbursements. Add lines 24 and 25 1,542,745 106,932   1,428,778
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -559,404
b Net investment income (if negative, enter -0-) 876,409
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 204,758 344,036 344,036
2 Savings and temporary cash investments......... 279,429 803,888 803,888
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 5,294,691 4,218,465 4,218,465
b Investments—corporate stock (attach schedule)....... 7,973,625 Click to see attachment7,561,431 7,561,431
c Investments—corporate bonds (attach schedule)....... 5,131,804 Click to see attachment4,639,170 4,639,170
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 10,302,432 Click to see attachment8,884,319 8,884,319
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 29,186,739 26,451,309 26,451,309
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.................. 29,186,739 26,451,309
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 29,186,739 26,451,309
31 Total liabilities and net assets/fund balances (see instructions). 29,186,739 26,451,309
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
29,186,739
2
Enter amount from Part I, line 27a .....................
2
-559,404
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
-2,176,026
4
Add lines 1, 2, and 3 ..........................
4
26,451,309
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
26,451,309
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 FEDERAL HOME LN BKS 1.125% DUE P 2016-02-24 2018-04-25
b HOME DEPOT INC 2.125% DUE 09-15-2026 P 2016-09-06 2018-08-22
c UNITED STATES TREAS NTS DTD 03/31/20 P 2016-03-14 2018-04-02
d REORG/EXPRESS CASH & STOCK MERGER C P 2012-01-25 2018-12-24
e CR SUISSE AG NEW 2.3% DUE 05-28-2019 P 2014-08-14 2018-06-15
ARCHER-DANIELS 2.5% DUE 08-11-2026 P 2016-08-08 2018-08-23
UNITED STATES TREAS NTS DTD 11/15/20 P 2015-11-12 2018-11-15
REORG/EXPRESS CASH & STOCK MERGER C P 2012-01-24 2018-12-24
UTD STATES TREAS .75% DUE 02-15-2019 P 2017-07-11 2018-09-25
NATL RURAL UTILS 10.375% DUE 11-01-2 P 2014-09-03 2018-07-12
METLIFE INC STEP CPN 3.048% DUE P 2012-09-28 2018-10-23
REORG/EXPRESS CASH & STOCK MERGER C P 2012-03-02 2018-12-24
UNITED STATES TREAS NTS DTD 05/15/20 P 2016-08-17 2018-05-15
FHLMC PREASSIGN 00049 3.75 03-27-201 P 2009-11-05 2018-02-23
TOTAL CAP INTL 2.7% DUE 01-25-2023 P 2012-09-18 2018-10-23
REORG/EXPRESS CASH & STOCK MERGER C P 2012-11-16 2018-12-24
GOLDMAN SACHS 5.75% DUE 01-24-2022 P 2012-01-19 2018-05-02
UNITED STATES TREAS NTS DTD 09/30/20 P 2018-04-26 2018-10-23
BNP PARIBAS TRANCHE TR 143 3.25 P 2013-02-25 2018-01-23
REORG/EXPRESS CASH & STOCK MERGER C P 2017-04-26 2018-12-24
UNITED STATES TREAS NTS DTD 08/15/20 P 2015-08-18 2018-06-25
OCCIDENTAL PETE 2.6% DUE 04-15-2022 P 2016-03-28 2018-09-25
TORONTO DOMINION 1.8% DUE 07-13-2021 P 2016-07-06 2018-09-25
REORG/EXPRESS CASH & STOCK MERGER C P 2012-06-21 2018-12-24
UNITED STATES TREAS NTS DTD 06/30/20 P 2017-09-27 2018-07-02
UNITED STATES TREAS NTS DTD 06/30/20 P 2017-09-27 2018-03-20
BB&T CORP SR 2.45% DUE 01-15-2020 P 2017-07-14 2018-09-25
REORG/EXPRESS CASH & STOCK MERGER C P 2012-01-23 2018-12-24
CATERPILLAR FINL 2.95% DUE 05-15-202 P 2018-05-09 2018-09-04
UNITED STATES TREAS NTS DTD 02/28/20 P 2013-03-22 2018-02-28
UNITED STATES TREAS NTS DTD 09/15/20 P 2017-05-10 2018-09-17
INTERCONTINENTAL FIXED 2.35% DUE P 2017-08-10 2018-09-25
BP CAP MKTS P L C 3.119% DUE 05-04-2 P 2016-08-23 2018-12-14
UNITED STATES TREAS NTS DTD 08/01/20 P 2017-10-03 2018-07-31
TEXAS INSTRS INC 1.85% DUE 05-15-202 P 2016-09-23 2018-07-25
UNITED STATES TREAS NTS DTD 12/15/20 P 2017-10-30 2018-12-17
NATL RURAL UTILS 10.375% DUE 11-01-2 P 2014-09-03 2018-11-01
ERP OPER LTD 3.5% DUE 03-01-2028 P 2018-02-20 2018-08-20
FFCB TRANCHE 00372 2 P 2016-08-10 2018-11-21
UNITED STATES TREAS NTS DTD 08/15/20 P 2015-08-18 2018-08-15
UNITED STATES TREAS NTS DTD 01/31/20 P 2016-02-11 2018-01-31
STATOIL ASA P 2012-11-15 2018-10-23
UNITED STATES TREAS NTS DTD 04/30/20 P 2016-06-17 2018-04-30
UNITEDHEALTH GROUP FIXED 3.15% P 2018-06-14 2018-12-13
STATOIL ASA P 2012-11-15 2018-10-23
UNITED STATES TREAS NTS WI TREASURY P 2016-11-18 2018-10-31
NATL RURAL UTILS 2.35% DUE 06-15-202 P 2015-11-03 2018-09-25
FNMA TRANCHE 00674 .875 08-02-2019 P 2017-02-15 2018-10-23
UNITED STATES TREAS NTS WI TREASURY P 2016-12-27 2018-10-31
PFIZER INC 1.95% DUE 06-03-2021 P 2016-05-31 2018-06-13
WESTPAC BKG CORP 2.85% DUE 05-13-202 P 2016-05-09 2018-11-21
BECTON DICKINSON & CO COM P 2017-12-29 2018-01-08
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 50,000   50,000  
b 108,798   118,685 -9,887
c 100,000   99,531 469
d 17,129   9,556 7,573
e 49,751   50,025 -274
111,190   119,652 -8,462
200,000   200,000  
37,889   20,956 16,933
74,552   74,552  
36,852   36,852  
73,229   75,682 -2,453
2,793   1,597 1,196
125,000   125,000  
127,140   123,385 3,755
96,786   99,787 -3,001
32,304   17,990 14,314
134,358   124,831 9,527
148,740   148,740  
161,643   158,866 2,777
59,021   39,183 19,838
24,974   24,958 16
111,751   114,943 -3,192
115,220   119,714 -4,494
7,075   4,082 2,993
125,000   125,000  
74,760   74,760  
49,605   50,369 -764
51,108   28,353 22,755
100,012   99,981 31
100,000   99,782 218
150,000   150,000  
72,047   74,828 -2,781
125,125   129,177 -4,052
100,000   100,000  
114,340   120,285 -5,945
200,000   200,000  
89,000   89,000  
73,521   73,590 -69
90,266   100,000 -9,734
125,000   124,790 210
150,000   150,000  
53,847   56,080 -2,233
150,000   149,818 182
19,877   19,989 -112
42,309   44,067 -1,758
75,000   75,000  
34,467   34,998 -531
98,663   98,663  
75,000   75,000  
121,491   124,816 -3,325
215,629   234,088 -18,459
79   77 2
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        
b       -9,887
c       469
d       7,573
e       -274
      -8,462
       
      16,933
       
       
      -2,453
      1,196
       
      3,755
      -3,001
      14,314
      9,527
       
      2,777
      19,838
      16
      -3,192
      -4,494
      2,993
       
       
      -764
      22,755
      31
      218
       
      -2,781
      -4,052
       
      -5,945
       
       
      -69
      -9,734
      210
       
      -2,233
      182
      -112
      -1,758
       
      -531
       
       
      -3,325
      -18,459
      2
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 2 314,086
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 -148
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 1,397,234 28,368,856 0.049252
2016 1,326,123 27,123,997 0.048891
2015 1,121,565 27,968,346 0.040101
2014 1,410,100 28,659,878 0.049201
2013 1,470,557 28,009,283 0.052502
2
Total of line 1, column (d) .....................
2
0.239947
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
0.047989
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
28,625,360
5
Multiply line 4 by line 3......................
5
1,373,702
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
8,764
7
Add lines 5 and 6........................
7
1,382,466
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,428,778
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 8,764
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 8,764
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 8,764
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 12,000
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 3,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 15,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 6,236
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet6,236 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    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 addressbulletN/A
    14
    The books are in care ofbulletDEBRA TAWNEY STROH Telephone no.bullet (206) 282-1001

    Located atbullet201 TERRY AVENUE NORTH SUITE ASEATTLEWA ZIP+4bullet98109
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    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
    MARY KAY MCCAW PRESIDENT &
    5.00     		0 0 0
    201 TERRY AVENUE NORTH SUITE A
    SEATTLE,WA98109
    DEBRA TAWNEY STROH VICE PRESIDE
    10.00     		0 0 0
    201 TERRY AVENUE NORTH SUITE A
    SEATTLE,WA98109
    JOSEPH D WEINSTEIN SECRETARY
    2.00     		0 0 0
    1201 THIRD AVENUE 2200
    SEATTLE,WA98101
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    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
    NORTHERN TRUST BANK INVESTMENT MGRS 94,274
    1414 4TH AVENUE
    SEATTLE,WA98101
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    28,315,689
    b
    Average of monthly cash balances.......................
    1b
    745,590
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    29,061,279
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    29,061,279
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    435,919
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    28,625,360
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,431,268
    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
    1,431,268
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    8,764
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,764
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,422,504
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,422,504
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,422,504
    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
    1,428,778
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,428,778
    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
    8,764
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,420,014
    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 1,422,504
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 26,826
    b From 2014...... 3,822
    c From 2015......  
    d From 2016......  
    e From 2017...... 501
    fTotal of lines 3a through e........ 31,149
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 1,428,778
    a Applied to 2017, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2018 distributable amount..... 1,422,504
    e Remaining amount distributed out of corpus 6,274
    5 Excess distributions carryover applied to 2018.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 37,423
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		26,826
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		10,597
    10 Analysis of line 9:
    a Excess from 2014.... 3,822
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017.... 501
    e Excess from 2018.... 6,274
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    AMERICAN RED CROSS
    P O BOX 3097
    SEATTLE,WA981143097     		NONE 509(A)(1) DISASTER RELIEF ASSISTANCE 50,000
    ARBORETUM FOUNDATION
    2300 ARBORETUM DR E
    SEATTLE,WA98112     		NONE 509(A)(1) LAND CONSERVATION 1,000
    BAILEY-BOUSHAY HOUSE
    2720 MADISON
    SEATTLE,WA98112     		NONE 509(A)(1) HIV PATIENT ASSISTANCE/CARE 5,000
    BEHIND THE BADGE FOUNDATION
    22525 SE 64TH PLACE 140
    ISSAQUAH,WA98027     		NONE 509(A)(1) LINE OF DUTY FAMILY SUPPORT FOR LAW 5,000
    CANINE COMPANIONS FOR INDEPENDENCE
    P O BOX 446
    SANTA ROSA,CA954020446     		NONE 509(A)(1) COMPANION ANIMAL TRAINING 5,000
    CHILD FUND INTERNATIONAL
    P O BOX 26511
    RICHMOND,VA232868818     		NONE 509(A)(2) THIRD-WORLD CHILD ASSISTANCE 5,000
    CHILDHAVEN
    316 BROADWAY
    SEATTLE,WA981225325     		NONE 509(A)(1) SHELTER/CARE FOR CHILDREN 5,000
    CHILDREN OF THE VALLEY
    1318 S 18TH ST
    MT VERNON,WA98274     		NONE 509(A)(1) TUTORING/MENTORING FOR AT RISK YOUTH 5,000
    CHILDREN'S HOSPITAL FOUNDATION
    PO BOX 50020-S-200
    SEATTLE,WA981455020     		NONE 509(A)(1) BIO-CHEMICAL GENETIC DEPARTMENT 10,000
    COLLEGE SUCCESS FOUNDATION
    15500 SE 30TH PL 200
    BELLEVUE,WA98007     		NONE 509(A)(3) SCHOLARSHIP FUND 10,000
    CONSERVATION INTERNATIONAL
    2011 CRYSTAL DRIVE 500
    ARLINGTON,VA22202     		NONE 509(A)(1) LAND CONSERVATION 275,000
    CORNISH COLLEGE OF THE ARTS
    1000 LENORA STREET
    SEATTLE,WA98121     		NONE 509(A)(1) SCHOLARSHIP FUND 10,000
    CYSTIC FIBROSIS FOUNDATION
    4550 MONTGOMERY AVE1100N
    BETHESADA,MD20814     		NONE 509(A)(1) MEDICAL RESEARCH 50,000
    DOCTORS WITHOUT BORDERS
    333 SEVENTH AVENUE 2ND F
    NEW YORK,NY10001     		NONE 509(A)(1) MEDICAL CARE IN 3RD WORLD COUNTRIES 10,000
    EPIPHANY SCHOOL
    3710 EAST HOWELL STREET
    SEATTLE,WA98122     		NONE 509(A)(1) ANNUAL FUND 10,000
    FRED HUTCHINSON CANCER RESEARCH INS
    P O BOX 19024
    SEATTLE,WA981091024     		NONE 509(A)(1) CANCER RESEARCH 10,000
    GRAMEEN FOUNDATION USA
    2101 FOURTH AVE STE 1550
    SEATTLE,WA98121     		NONE 509(A)(1) FIGHTS GLOBAL POVERTY 10,000
    GUIDE DOG FOUNDATION FOR THE BLIND
    371 E MAINT STREET JERIC
    SMITHTOWN,NY117879897     		NONE 509(A)(1) GUIDE DOGS FOR THE BLIND ASSIST 10,000
    HABITAT FOR HUMANITY
    560 NACHES AVENUE SW 110
    RENTON,WA98057     		NONE 509(A)(1) ASSISTED HOUSING FOR KING COUNTY 10,000
    HAND IN HAND
    14 E CASINO ROAD SUITE E
    EVERETT,WA98208     		NONE 509(A)(1) CHILDREN SHORT-TERM SHELTER PROGRAM 10,000
    HEREDITARY DISEASE FOUNDATION
    3960 BROADWAY 6TH FLOOR
    NEW YORK,NY10032     		NONE 509(A)(1) MEDICAL RESEARCH 5,000
    HOPELINK
    10675 WILLOWS ROAD NE 27
    REDMOND,WA98052     		NONE 509(A)(1) FAMILY ASSISTANCE PROGRAM 5,000
    JUVENILE DIABETES RESEARCH FNDN
    1215 FOURTH AVENUE 1400
    SEATTLE,WA98101     		NONE 509(A)(1) JUVENILE DIABETES RESEARCH 50,000
    KETCHUMSUN VALLEY VOLUNTEER FIREFI
    P O BOX 966
    KETCHUM,ID83340     		NONE 509(A)(1) PROGRAMS FOR VOLUNTEER FIREFIGHTERS 1,000
    KEXP 903
    472 1ST AVE N
    SEATTLE,WA98109     		NONE 170(B)(1)(A) CHAMPIONING MUSIC & DISCOVERY 100
    KIWANIS MEMORIAL FUND
    P O BOX 31033
    SEATTLE,WA98103     		NONE 509(A)(1) CAMP CASEY FOR PHYSICALLY DISABLED K 1,000
    KUOW-PUGET SOUND PUBLIC RADIO
    4518 UNIVERSITY WAY NE
    SEATTLE,WA98105     		NONE 170(B)(1)(A) TO PROVIDE NEWS, INFORMATION & CULTU 120
    LAKESIDE SCHOOL
    14050 FIRST AVENUE NE
    SEATTLE,WA98103     		NONE 509(A)(1) ANNUAL FUND 5,000
    LEUKEMIA & LYMPHOMA SOCIETY
    5601 6TH AVENUE S 182
    SEATTLE,WA98108     		NONE 509(A)(1) CANCER RESEARCH 5,000
    LIFEWIRE
    P O BOX 6398
    BELLEVUE,WA980080398     		NONE 509(A)(1) DOMESTIC VIOLENCE SHELTER 50,000
    LITTLEBIT THERAPEUTIC RIDING CENTER
    18675 NE 106TH ST
    REDMOND,WA98052     		NONE 509(A)(1) THERAPEUTIC RIDING 5,000
    MOUNTAIN HUMANE
    P O BOX 1496
    HAILEY,ID83340     		NONE 509(A)(2) ANIMAL SHELTER & EDUCATION 25,000
    NOAH ANIMAL ADOPTION CENTER
    31300 BRANDSTROM ROAD
    STANWOOD,WA98292     		NONE 509(A)(2) ANIMAL SHELTER CARE 5,000
    NORTHWEST HARVEST
    P O BOX 12272
    SEATTLE,WA98101     		NONE 509(A)(1) FOOD BANK 50,000
    PACIFIC NORTHWEST BALLET
    301 MERCER STREET
    SEATTLE,WA98109     		NONE 509(A)(1) PERFORMING ARTS 5,000
    PATH
    P O BOX 900922
    SEATTLE,WA98109     		NONE 509(A)(1) MEDICAL RESEARCH 10,000
    PRATT FINE ARTS CENTER
    1902 S MAIN
    SEATTLE,WA98144     		NONE 509(A)(1) ARTS SCHOOL - ENDOWMENT FUND 5,000
    PRISONERS FOR CHRIST OUTREACH MINIS
    PO BOX 1530
    WOODINVILLE,WA980721530     		NONE 170(B)(1)(A) GENERAL FUND 600
    PURRFECT PALS CAT SHELTER & SANCTUA
    230 MCRAE ROAD NE
    ARLINGTON,WA98223     		NONE 509(A)(1) ANIMAL SHELTER 1,000
    SEATTLE AQUARIUM SOCIETY
    1415 WESTERN AVE STE 505
    SEATTLE,WA981012051     		NONE 509(A)(1) MARINE LIFE AQUARIUM ED. & PRESERVAT 30,000
    SEATTLE ART MUSEUM
    1300 FIRST AVENUE
    SEATTLE,WA98101     		NONE 509(A)(1) PERFORMANING ARTS 20,000
    SEATTLE CHILDREN'S THEATRE
    201 THOMAS STREET
    SEATTLE,WA981094535     		NONE 509(A)(1) PERFORMANCE ARTS - EXPANSION 50,000
    SEATTLE PARKS FOUNDATION
    105 S MAIN STREET 235
    SEATTLE,WA98104     		NONE 170(B)(1)(A) LAND CONSERVATION 75
    SEATTLE UNION GOSPEL MISSION
    P O BOX 202
    SEATTLE,WA981119945     		NONE 509(A)(1) HOMELESS SHELTER 5,000
    SEATTLE UNIVERSITY
    P O BOX 222000
    SEATTLE,WA981221090     		NONE 509(A)(1) YOUTH INITIATIVE PROGRAM 10,000
    SMILE TRAIN
    41 MADISON AVE 28TH FLOOR
    NEW YORK,NY10010     		NONE 509(A)(1) MEDICAL CARE FOR CLEFT LIPS 5,000
    SMILES FOREVER
    P O BOX 217
    RENTON,WA98057     		NONE 509(A)(1) WOMEN IN PROVERTY ASSISTANCE 5,000
    SNOW LEOPARD'S TRUST
    4649 SUNNYSIDE AVENUE N
    SEATTLE,WA981039986     		NONE 509(A)(1) PROTECTION FOR SNOW LEOPARDS 5,000
    SR3 SEALIFE RESPONSE REHABILITATION
    2255 HARBOR AVE SW 101
    MUKILTEO,WA98275     		NONE 509(A)(1) SEALIFE REHABILITATION & RESEARCH 50,000
    ST JAMES CATHEDRAL
    804 NINTH AVENUE
    SEATTLE,WA98104     		NONE 509(A)(3) ANNUAL FUND 5,000
    SUN VALLEY SKI EDUCATION FOUNDATION
    POST OFFICE BOX 203
    SUN VALLEY,ID83353     		NONE 509(A)(2) EDUCATION PROGRAM 10,000
    SUSAN G KOMEN BREAST CANCER FNDTN
    P O BOX 650309
    DALLAS,TX752650309     		NONE 509(A)(2) BREAST CANCER RESEARCH 5,000
    TEAM SURVIVOR NORTHWEST
    200 NE PACIFIC STREET SU
    SEATTLE,WA98105     		NONE 509(A)(1) FITNESS & HEALTH EDUCATION PROGRAMS 5,000
    THE SALVATION ARMY
    PO BOX 60004
    PRESCOTT,AZ86304     		NONE 509(A)(1) HOME/FOOD SERVICES 5,000
    THE STANFORD FUND
    PO BOX 20466
    STANFORD,CA94309     		NONE 509(A)(1) UNDERGRADUATE EDUCATION FUND 50,000
    THE USO
    P O BOX 96860
    WASHINGTON,DC200777677     		NONE 509(A)(1) MILITARY MORALE SUPPORT 5,000
    TREEHOUSE
    2100 - 24TH AVENUE S 20
    SEATTLE,WA981444632     		NONE 509(A)(1) FOSTER CHILDREN ASSISTANCE 5,000
    UNIVERSITY OF WASHINGTON FOUNDATION
    BOX 359505
    SEATTLE,WA981959505     		NONE 509(A)(3) BEHAVIORAL HEALTH INSTITUTE 300,000
    US SKI AND SNOWBOARD TEAM FOUNDATIO
    1 VICTORY LANE
    PARK CITY,UT840600100     		NONE 509(A)(3) US SKI & SNOWBOARD TEAM 5,000
    VANDERBILT UNIVERSITY
    2301 VANDERBILT PLACE PB
    NASHVILLE,TN372406310     		NONE 509(A)(1) UNDERGRADUATE EDUCATION FUND 50,000
    WOODLAND PARK ZOO
    601 N 59TH STREET
    SEATTLE,WA98103     		NONE 509(A)(1) JUNE FUNDRAISER ENDOWMENT FUND 50,000
    WORLD WILDLIFE FUND
    1250 24TH STREET NW
    WASHINGTON,DC20037     		NONE 509(A)(1) ENDANGERED SPECIES FUND 5,000
    YMCA PARTNERS WITH YOUTH
    909 FOURTH AVE
    SEATTLE,WA98104     		NONE 509(A)(2) YOUTH ASSISTANCE PROGRAM 5,000
    YWCA
    1118 FIFTH AVENUE
    SEATTLE,WA98101     		NONE 509(A)(2) CHILDREN'S ASSISTANCE 5,000
    Total .................................bullet 3a 1,424,895
    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 ...........     		    14 224,997  
    4 Dividends and interest from securities....     14 444,258  
    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 ............     		    18 314,086  
    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)..   983,341  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    983,341
    (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:
    KEITH & MARY KAY MCCAW FAMILY FOUND
    EIN:
    91-1920617
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 3,325     3,325

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    KEITH & MARY KAY MCCAW FAMILY FOUND
    EIN:
    91-1920617
    Name of Bond End of Year Book Value End of Year Fair Market Value
    3M CO 3% 9/14/21 30,243 30,243
    AFLAC INC 3.625% 11/15/24 124,903 124,903
    AMERICAN EXPRESS CO 3.4% 2/27/23 148,604 148,604
    AMERIPRISE FINL 4.0% 10/15/23 102,862 102,862
    AMER HONDA FIN 2.3% 09/09/26 109,346 109,346
    ANHEUSER-BUSCH INC 3.650% 02/01/26 117,828 117,828
    APPLE INC 3.2% 05/11/27 144,762 144,762
    ARCHER DANIELS 2.500% 08/11/26    
    ASTRAZENECA PLC 3.375% 11/16/25 120,789 120,789
    BANK AMER CORP 5.875% 1/5/21 94,719 94,719
    BANK NY MELLON CORP 3.45% 8/11/23 60,196 60,196
    BANK NS HELIFAX 4.375% 01/13/21 128,287 128,287
    BB&T CORP MED 6.85% 04/30/19 126,536 126,536
    BB&T CORP SR 2.45% 01/15/20    
    BLACKROCK INC 3.5% 3/18/24 126,353 126,353
    BNP PARIBAS TRANCHE 3.25% 03/03/23    
    BP CAP MKTS PLC 3.119% 05/04/26 117,541 117,541
    BURL NORTHERN SANTA 7% 12/15/25 60,372 60,372
    CATERPILLAR FINL SVCS CORP 3.15% 9/7 40,105 40,105
    CDN IMPERIAL BANK 3.5% 9/13/23 110,081 110,081
    CITIBANK 3.4% 7/23/21 100,127 100,127
    CME GROUP INC 3.000% 03/15/25 97,371 97,371
    COCA COLA CO 2.550% 06/01/26 117,673 117,673
    COMCAST CORP 2.350% 01/15/17 67,042 67,042
    CR SUISE 2.3% 05/28/19    
    DEERE JOHN CAP CORP 3.125% 9/10/21 35,065 35,065
    DISNEY WALT CO 3.75% 06/01/21 127,346 127,346
    ERP OPER LTD 3% 4/15/23 73,770 73,770
    GENERAL DYNAMICS CORP 1.875% 0/15/23 141,312 141,312
    GOLDMAN SACHS 5.75% 01/24/22    
    HOME DEPOT INC 2.125% 09/15/26    
    INTERCONTINENTAL 2.35% 09/15/22    
    INTERNATIONAL BUSINESS 7% 10/30/25 88,541 88,541
    METLIFE INC 3.048% 12/15/22 98,564 98,564
    MFRS & TRADERSTR 2.9% 2/6/25 120,102 120,102
    MITSUBISHI FIXED 2.665% 07/25/22 72,887 72,887
    MORGAN STANLEY 3.875% 4/29/2024 124,403 124,403
    NATL RURAL UTILS 2.35% 06/15/20    
    NATL RURAL UTILTIIES 10.375% 11/1/18    
    OCCIDENTAL PETE CORP 2.600% 04/15/22    
    PEPSICO INC 2.375% 10/06/26 114,756 114,756
    PFIZER INC 1.950% 06/03/21    
    PHILIP MORRIS INTL INC 2.5% 11/02/22 96,110 96,110
    PNC BK PITTSBURGH 2.7% 11/01/22 121,469 121,469
    PPG INDS INC 3.6% 11/15/20 151,277 151,277
    PUBLIC SERVICE OF CO 2.25% 09/15/22 120,418 120,418
    SANOFI SERIES A 3.375% 6/19/23 100,635 100,635
    SANTANDER UK PLC 3.75% 11/15/21 74,824 74,824
    SHELL INTL FIN 2.875% 05/10/26 110,303 110,303
    STATOIL ASA 2.45% 01/17/23 97,162 97,162
    SUMITOMO MITSUI FINL 2.632%07/14/26 91,451 91,451
    TD AMERITRADE 3.75% 4/1/24 127,106 127,106
    TEXAS INSTRS INC 1.850% 05/15/22    
    TORONTO DOMINION 1.8% 07/13/21    
    TOTAL CAP INTL 2.7% 01/25/23    
    TOYOTA MTR CR CORP 2.750% 109,380 109,380
    UNION PAC CORP 4.163% 7/15/22 102,395 102,395
    US BANCORP MEDIUM 2.375% 07/22/26 114,000 114,000
    WESTPAC BKG CORP 2.850% 05/13/26    
    WYETH 6.45% 2/1/24 80,154 80,154

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    KEITH & MARY KAY MCCAW FAMILY FOUND
    EIN:
    91-1920617
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABORATORIES 182,199 182,199
    ALEXION PHARMACEUTICALS INC 82,269 82,269
    ALLERGAN PLC 96,503 96,503
    ALLIANCE DATA SYS CORP 96,201 96,201
    ALLSTATE CORP 156,419 156,419
    ALPHABET INC CLASS A 140,025 140,025
    ALPHABET INC CLASS C 302,398 302,398
    AMERICAN TOWER CORP 169,421 169,421
    APPLE INC. 350,183 350,183
    BAXTER INTL INC COM 99,783 99,783
    BECTON DICKINSON & CO COM 20,053 20,053
    BIOGEN INC 146,548 146,548
    BRISTOL MYERS SQUIBB 118,514 118,514
    C R BARD    
    CELGENE CORP 70,435 70,435
    CHEVRON CORP. 88,773 88,773
    CIGNA CORP. 102,946 102,946
    CITIGROUP INC COM 134,471 134,471
    COCA COLA CO 131,870 131,870
    COSTCO WHOLESALE CORP. 89,632 89,632
    CVS HEALTH CORP 144,406 144,406
    DICKS SPORTING GOODS 78,094 78,094
    DUKE ENERGY CORP 55,232 55,232
    E TRADE 71,876 71,876
    EOG RESOURCES INC 89,478 89,478
    ESTEE LAUDER COMPANIES INC 152,737 152,737
    EXPRESS SCRIPTS HLDG CO    
    EXXON MOBIL 145,040 145,040
    GENERAL ELECTRIC 48,327 48,327
    GILEAD SCIENCES INC 45,912 45,912
    GRAINGER W W INC 117,744 117,744
    HOME DEPOT INC 175,600 175,600
    INTEL CORP 147,689 147,689
    INTERCONTINENTAL EXCHANGE INC 239,926 239,926
    JPMORGAN CHASE 341,377 341,377
    KOHLS CORP 182,103 182,103
    MASCO CORP 104,972 104,972
    MCDONALDS CORP 148,449 148,449
    MONDELEZ INTL INC 126,295 126,295
    NIKE 219,899 219,899
    NORFOLK SOUTHERN CORP 123,520 123,520
    NUCOR CORP 74,399 74,399
    ORACLE CORP. 184,934 184,934
    PALO ALTO NETWORKS INC 117,530 117,530
    QUALCOMM INC 109,381 109,381
    RED HAT INC 263,811 263,811
    SALESFORCE 177,787 177,787
    SCHLUMBERGER LTD 55,852 55,852
    SCHWAB CHARLES CORP 96,516 96,516
    SHIRE PLC    
    STARBUCKS CORP 146,059 146,059
    TAKEDA 132,096 132,096
    TWENTY FIRST CENTURY FOX INC 237,568 237,568
    TWITTER INC 140,539 140,539
    WALT DISNEY CO. 151,207 151,207
    WELLS FARGO 210,724 210,724
    ZIMMER HOLDINGS 125,709 125,709

    TY 2018 InvestmentsOtherSchedule2
    Name:
    KEITH & MARY KAY MCCAW FAMILY FOUND
    EIN:
    91-1920617
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MFB NORTHERN MID CAP FMV 1,922,751 1,922,751
    MFB NORTHERN FDS SMALL CAP INDEX FMV 1,850,691 1,850,691
    MFB NORTHERN EMERGING MARKETS FMV 762,272 762,272
    MFB NORTHERN INTL EQUITY FD FMV 1,344,784 1,344,784
    MFB NORTHERN INTL EQUITY INDEX FMV 1,286,369 1,286,369
    MFB NORTHERN HIGH YIELD FMV 1,717,452 1,717,452

    TY 2018 LegalFeesSchedule
    Name:
    KEITH & MARY KAY MCCAW FAMILY FOUND
    EIN:
    91-1920617
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 503     503


    TY 2018 OtherExpensesSchedule
    Name:
    KEITH & MARY KAY MCCAW FAMILY FOUND
    EIN:
    91-1920617
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    WASHINGTON FILING FEES 55     55


    TY 2018 OtherIncreasesSchedule
    Name:
    KEITH & MARY KAY MCCAW FAMILY FOUND
    EIN:
    91-1920617
    Description Amount
    CHANGE IN UNREALIZED GAINS -2,176,026


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    KEITH & MARY KAY MCCAW FAMILY FOUND
    EIN:
    91-1920617
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 8849 36,015 36,015    
    INVESTMENT MANAGEMENT FEES 9741 58,254 58,254    
    INVESTMENT MANAGEMENT FEES 9741 5 5    


    TY 2018 TaxesSchedule
    Name:
    KEITH & MARY KAY MCCAW FAMILY FOUND
    EIN:
    91-1920617
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 7,035      
    FOREIGN TAXES 12,658 12,658