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
JOHN GRAHAM FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1201 THIRD AVENUE SUITE 4900
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SEATTLE, WA981013099
A Employer identification number

91-6339306
B Telephone number (see instructions)

(206) 359-8382
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$1,282,281J 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) 150,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 2,149 2,149  
4 Dividends and interest from securities... 46,899 46,899  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 89,555
b Gross sales price for all assets on line 6a 403,611
7 Capital gain net income (from Part IV, line 2)... 89,555
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 288,603 138,603  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 1,284 1,156 0 128
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,664 368   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 15,430 14,973   457
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 18,378 16,497 0 585
25 Contributions, gifts, grants paid....... 300,000 300,000
26 Total expenses and disbursements. Add lines 24 and 25 318,378 16,497 0 300,585
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -29,775
b Net investment income (if negative, enter -0-) 122,106
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 49    
2 Savings and temporary cash investments......... 175,596 149,609 149,609
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 56,808 Click to see attachment74,746 34,837
b Investments—corporate stock (attach schedule)....... 245,724 Click to see attachment220,465 411,087
c Investments—corporate bonds (attach schedule)....... 328,894 Click to see attachment356,736 350,913
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 315,746 Click to see attachment291,186 335,538
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)   Click to see attachment300 Click to see attachment297
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,122,817 1,093,042 1,282,281
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 1,122,817 1,093,042
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)..... 1,122,817 1,093,042
31 Total liabilities and net assets/fund balances (see instructions). 1,122,817 1,093,042
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
1,122,817
2
Enter amount from Part I, line 27a .....................
2
-29,775
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
1,093,042
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
1,093,042
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 58. CELGENE CORP   2013-01-15 2018-01-03
b 35. EXPEDIA INC   2015-01-13 2018-01-03
c 13. LAM RESEARCH CORP   2014-03-11 2018-01-03
d 3. ALPHABET INC CL C   2017-02-02 2018-01-08
e 1. ALPHABET INC CL C   2014-04-02 2018-01-08
3. AMAZON.COM INC   2008-05-21 2018-01-08
10. AMERICAN TOWER CORP   2009-10-09 2018-01-08
9. AMGEN INC   2015-11-24 2018-01-08
22. APPLE INC   2005-09-08 2018-01-08
26. BB&T CORP   2016-03-28 2018-01-08
8. BERKSHIRE HATHAWAY CL B   2011-02-03 2018-01-08
12. BOEING CO   2009-09-15 2018-01-08
1. BRIGHTHOUSE FINANCIAL INC   2009-08-05 2018-01-08
15. COGNIZANT TECHNOLOGY SOLUTIONS   2006-01-03 2018-01-08
9. COSTCO WHSL CORP   1998-01-06 2018-01-08
13. DANAHER CORP   2014-01-08 2018-01-08
12. EOG RESOURCES INC   2012-04-12 2018-01-08
21. FACEBOOK INC   2014-06-25 2018-01-08
8. FEDEX CORP   2012-03-14 2018-01-08
14. FIDELITY NATIONAL INFO SERVI   2009-08-05 2018-01-08
13. HOME DEPOT INC   2010-03-15 2018-01-08
11. HONEYWELL INTL INC   2011-03-22 2018-01-08
21. ISHARES CORE S&P TOTAL   2016-12-09 2018-01-08
162. ISHARES MSCI EAFE INDEX ETF   2012-01-20 2018-01-08
10. ISHARES RUSSELL MIDCAP GROWTH ETF   2015-03-02 2018-01-08
36. ISHARES CORE S&P MIDCAP ETF   2010-07-14 2018-01-08
10. ISHARES RUSSELL 2000 VALUE ETF   2017-10-10 2018-01-08
6. ISHARES S&P SMALLCAP 600 GROWTH INDEX FUND   2016-05-06 2018-01-08
1. ISHARES S&P SMALLCAP 600 GROWTH INDEX FUND   2010-01-22 2018-01-08
10. ISHARES BARCLAYS 3 - 7 YR TREASURY BD ETF   2012-09-13 2018-01-08
20. ISHARES FLOATING RATE BOND E   2016-09-14 2018-01-08
10. JPMORGAN CHASE & CO   2016-12-09 2018-01-08
12. JPMORGAN CHASE & CO   2009-09-15 2018-01-08
9. JOHNSON & JOHNSON   2008-12-08 2018-01-08
18. LILLY ELI & CO   2017-01-11 2018-01-08
14. MARSH & MCLENNAN COS INC   2008-07-28 2018-01-08
17. MARRIOTT INTERNATIONAL INC   2011-03-28 2018-01-08
11. MICROSOFT CORP   2017-01-11 2018-01-08
24. MICROSOFT CORP   2008-12-08 2018-01-08
36. MONDELEZ INTERNATIONAL INC   2009-05-19 2018-01-08
31. MORGAN STANLEY COM NEW   2017-05-16 2018-01-08
6. NETFLIX INC   2017-05-23 2018-01-08
10. NEXTERA ENERGY INC   2011-07-01 2018-01-08
4. PAYPAL HOLDINGS INC   2015-05-12 2018-01-08
17. PAYPAL HOLDINGS INC   2011-07-26 2018-01-08
56. PFIZER INC   2017-06-27 2018-01-08
18. PROLOGIS INC   2016-06-09 2018-01-08
1. PROLOGIS INC   2016-01-19 2018-01-08
21. QUALCOMM INC   2006-08-01 2018-01-08
12. SALESFORCE.COM INC   2017-01-11 2018-01-08
2. SALESFORCE.COM INC   2016-03-09 2018-01-08
16. SCHLUMBERGER LTD   2005-08-26 2018-01-08
25. CHARLES SCHWAB CORPORATION   2015-03-25 2018-01-08
9. STANLEY BLACK & DECKER INC   2015-08-12 2018-01-08
29. STARBUCKS CORP   2012-02-06 2018-01-08
13. STRYKER CORP   2017-03-07 2018-01-08
12. THERMO FISHER SCIENTIFIC INC   2009-05-19 2018-01-08
10. UNION PACIFIC CORP   2011-02-03 2018-01-08
36. ETF VANGUARD DEVELOPED MARKETS   2014-07-15 2018-01-08
46. ETF VANGUARD DEVELOPED MARKETS   2015-02-13 2018-01-08
32. VANGUARD SHORT TERM CORPORATE BOND ETF   2012-12-21 2018-01-08
27. VANGUARD SMALL CAP ETF   2015-03-02 2018-01-08
27. VISA INC   2012-02-16 2018-01-08
30. WELLS FARGO & CO   2010-04-27 2018-01-08
10. MEDTRONIC PLC   2015-03-25 2018-01-08
3. MEDTRONIC PLC   2015-01-27 2018-01-08
3. BROADCOM LTD   2016-08-18 2018-01-08
6. BROADCOM LTD   2016-06-09 2018-01-08
5000. PRECISION CASTPARTS CORP 1.2 5% DUE 1/15/2018   2014-04-21 2018-01-15
42. ISHARES BARCLAYS 3 - 7 YR TREASURY BD ETF   2012-09-13 2018-01-30
11. ISHARES BARCLAYS 3 - 7 YR TREASURY BD ETF   2012-12-21 2018-01-30
3. ISHARES CORE MSCI ETF   2015-06-17 2018-01-30
102. ISHARES CORE MSCI ETF   2015-04-14 2018-01-30
33. PROLOGIS INC   2016-01-19 2018-01-30
70. WELLS FARGO & CO   2010-04-27 2018-02-07
1. POWERSHARES ETF FTSE RAFI US 1000 PORTFOLIO   2015-06-17 2018-02-09
76. POWERSHARES ETF FTSE RAFI US 1000 PORTFOLIO   2013-11-05 2018-02-09
25000. SYSCO CORPORATION 5.25% DUE 2/18/2008   2008-10-03 2018-02-12
10. ISHARES CORE S&P MIDCAP ETF   2010-07-14 2018-02-16
21. ISHARES CORE S&P MIDCAP ETF   2010-01-22 2018-02-16
98. METLIFE INC   2009-08-05 2018-02-16
37. VANGUARD SMALL CAP ETF   2015-03-02 2018-02-16
13. FACEBOOK INC   2014-06-25 2018-03-23
68. QUALCOMM INC   2006-08-01 2018-03-23
8. BROADCOM LTD   2016-06-09 2018-03-23
25000. JOHN DEERE CAPITAL CORP 5.35 % DUE 4/3/18   2008-07-10 2018-04-03
37. BANK OF AMERICA CORP   2017-12-12 2018-04-09
2. CONSTELLATION BRANDS INC   2016-12-01 2018-04-09
3. CONSTELLATION BRANDS INC   2016-01-19 2018-04-09
17. WALT DISNEY CO   2018-01-03 2018-04-09
9. ECOLAB INC   2002-04-08 2018-04-09
5. GENERAL DYNAMICS CORP   2016-08-18 2018-04-09
6. ISHARES RUSSELL 2000 GROWTH   2017-10-10 2018-04-09
18. ISHARES CORE MSCI TOTAL STK ETF   2018-01-30 2018-04-09
6. LAM RESEARCH CORP   2014-03-11 2018-04-09
9. ESTEE LAUDER CO   2018-01-03 2018-04-09
11. NVIDIA CORPORATION   2018-01-03 2018-04-09
8. ETF POWERSHARES   2010-01-22 2018-04-09
12. VANGUARD LARGE CAP ETF   2017-12-12 2018-04-09
20000. CATERPILLAR FIN SERV CORP 5. 45% DUE 4/15/2018   2008-07-18 2018-04-15
10000. ORACLE CORP 5.75% DUE 4/15/2 018   2011-04-26 2018-04-15
35. BB&T CORP   2016-03-28 2018-06-14
10. LAM RESEARCH CORP   2014-03-11 2018-06-14
18.5 PERSPECTA INC USD 0.01   2017-05-16 2018-06-14
5.5 PERSPECTA INC USD 0.01   2017-04-06 2018-06-14
5. PERSPECTA INC USD 0.01   2017-04-06 2018-06-14
20. VALERO ENERGY CORP   2014-02-25 2018-06-14
62. TIME WARNER INC NEW   2009-08-05 2018-06-15
22. GENERAL DYNAMICS CORP   2016-08-18 2018-06-20
92. ISHARES CORE MSCI TOTAL STK ETF   2018-01-30 2018-06-20
12. ISHARES CORE MSCI TOTAL STK ETF   2017-05-16 2018-06-20
76. STARBUCKS CORP   2012-02-06 2018-07-03
256. IPATH BLOOMBERG COMMODITY INDEX TR ETN   2018-01-30 2018-08-21
21. MOHAWK INDUSTRIES, INC   2017-11-09 2018-08-28
7. STANLEY BLACK & DECKER INC   2015-08-12 2018-08-28
103. ISHARES CORE MSCI TOTAL STK ETF   2017-05-16 2018-09-12
42. VANGUARD LARGE CAP ETF   2017-12-12 2018-09-12
7. VANGUARD LARGE CAP ETF   2016-11-21 2018-09-12
94. ISHARES MSCI EUROZONE   2017-10-10 2018-09-17
116. ISHARES MSCI EUROZONE   2017-08-01 2018-09-17
78. INTEL CORP   2018-06-14 2018-09-20
13. MARRIOTT INTERNATIONAL INC   2011-03-28 2018-09-20
20. SCHLUMBERGER LTD   2018-01-30 2018-09-20
.3 GARRETT MOTION INC USD 0.001   2011-03-22 2018-10-03
4. GARRETT MOTION INC USD 0.001   2011-03-22 2018-10-17
29. STANLEY BLACK & DECKER INC   2015-08-12 2018-10-19
.5 PERSPECTA INC USD 0.01   2017-04-06 2018-10-25
15000. PRAXAIR INC 1.25% DUE 11/7/2 018   2014-04-17 2018-11-07
7.1681 RESIDEO TECHNOLOGIES INC   2011-03-22 2018-11-07
29. VANGUARD SHORT TERM CORPORATE BOND ETF   2012-12-21 2018-11-16
149. VANGUARD SHORT TERM CORPORATE BOND ETF   2012-09-13 2018-11-16
21. VANGUARD SHORT TERM CORPORATE BOND ETF   2017-08-11 2018-11-16
20. NVIDIA CORPORATION   2018-01-03 2018-11-28
115. ISHARES FLOATING RATE BOND E   2018-08-21 2018-12-13
210. ISHARES FLOATING RATE BOND E   2016-09-14 2018-12-13
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 6,180   2,841 3,339
b 4,424   3,016 1,408
c 2,497   696 1,801
d 3,321   2,413 908
e 1,107   141 966
3,727   240 3,487
1,418   367 1,051
1,609   1,457 152
3,842   157 3,685
1,332   875 457
1,612   663 949
3,716   627 3,089
60   42 18
1,094   189 905
1,693   202 1,491
1,231   754 477
1,347   630 717
3,950   1,398 2,552
2,135   739 1,396
1,335   342 993
2,495   424 2,071
1,698   622 1,076
1,310   1,093 217
11,695   8,400 3,295
1,242   986 256
6,980   2,714 4,266
1,270   1,255 15
1,029   738 291
172   57 115
1,212   1,235 -23
1,012   1,017 -5
1,082   848 234
1,298   527 771
1,268   526 742
1,542   1,383 159
1,143   375 768
2,302   574 1,728
970   692 278
2,116   499 1,617
1,546   567 979
1,636   1,352 284
1,262   949 313
1,522   580 942
315   134 181
1,338   337 1,001
2,037   1,903 134
1,125   893 232
63   39 24
1,389   724 665
1,304   903 401
217   140 77
1,179   656 523
1,301   741 560
1,544   937 607
1,704   701 1,003
2,113   1,685 428
2,418   431 1,987
1,384   471 913
1,657   1,529 128
2,117   1,827 290
2,531   2,573 -42
4,054   3,276 778
3,217   770 2,447
1,860   984 876
851   778 73
255   221 34
813   521 292
1,625   984 641
5,000   4,989 11
5,070   5,187 -117
1,328   1,358 -30
209   181 28
7,115   6,166 949
2,074   1,299 775
4,035   2,295 1,740
109   94 15
8,311   6,008 2,303
25,000   23,786 1,214
1,893   754 1,139
3,975   1,539 2,436
4,549   3,206 1,343
5,474   4,489 985
2,147   865 1,282
3,735   2,191 1,544
1,946   1,312 634
25,000   24,828 172
1,115   1,074 41
451   298 153
677   432 245
1,712   1,924 -212
1,265   155 1,110
1,078   763 315
1,138   1,092 46
1,132   1,203 -71
1,182   321 861
1,359   1,153 206
2,410   2,272 138
1,027   412 615
1,449   1,470 -21
20,000   19,641 359
10,000   10,631 -631
1,862   1,177 685
1,855   535 1,320
419   392 27
125   75 50
113   66 47
2,370   1,027 1,343
3,333   1,524 1,809
4,195   3,357 838
5,585   6,149 -564
728   694 34
3,729   1,837 1,892
5,934   6,467 -533
4,046   5,519 -1,473
1,015   729 286
6,021   5,958 63
5,577   5,145 432
929   705 224
3,850   4,079 -229
4,751   4,872 -121
3,634   4,338 -704
1,707   439 1,268
1,240   1,506 -266
5   2 3
60   24 36
3,488   3,019 469
12   7 5
15,000   14,935 65
161   72 89
2,253   2,332 -79
11,574   11,963 -389
1,631   1,683 -52
3,157   4,132 -975
5,796   5,873 -77
10,584   10,676 -92
      64
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       3,339
b       1,408
c       1,801
d       908
e       966
      3,487
      1,051
      152
      3,685
      457
      949
      3,089
      18
      905
      1,491
      477
      717
      2,552
      1,396
      993
      2,071
      1,076
      217
      3,295
      256
      4,266
      15
      291
      115
      -23
      -5
      234
      771
      742
      159
      768
      1,728
      278
      1,617
      979
      284
      313
      942
      181
      1,001
      134
      232
      24
      665
      401
      77
      523
      560
      607
      1,003
      428
      1,987
      913
      128
      290
      -42
      778
      2,447
      876
      73
      34
      292
      641
      11
      -117
      -30
      28
      949
      775
      1,740
      15
      2,303
      1,214
      1,139
      2,436
      1,343
      985
      1,282
      1,544
      634
      172
      41
      153
      245
      -212
      1,110
      315
      46
      -71
      861
      206
      138
      615
      -21
      359
      -631
      685
      1,320
      27
      50
      47
      1,343
      1,809
      838
      -564
      34
      1,892
      -533
      -1,473
      286
      63
      432
      224
      -229
      -121
      -704
      1,268
      -266
      3
      36
      469
      5
      65
      89
      -79
      -389
      -52
      -975
      -77
      -92
       
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 89,555
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 299,634 1,373,251 0.218193
2016 250,207 1,414,614 0.176873
2015 200,527 1,477,527 0.135718
2014 250,164 1,582,535 0.158078
2013 300,452 1,611,847 0.186402
2
Total of line 1, column (d) .....................
2
0.875264
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
0.175053
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
1,321,281
5
Multiply line 4 by line 3......................
5
231,294
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,221
7
Add lines 5 and 6........................
7
232,515
8
Enter qualifying distributions from Part XII, line 4,.............
8
300,585
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 1,221
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 1,221
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 1,221
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 924
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 4,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 4,924
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 3,703
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet3,703 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletWA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletPerkins Coie Trust Company Telephone no.bullet (206) 359-8382

    Located atbullet1201 THIRD AVENUE SUITE 4900SEATTLEWA ZIP+4bullet98101
    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
    THOMAS C GORES TRUSTEE
    1     		0    
    1201 THIRD AVE SUITE 4900
    SEATTLE,WA98101
    J KEVIN CALLAGHAN TRUSTEE
    1     		0    
    1201 THIRD AVE SUITE 4900
    SEATTLE,WA98101
    STANLEY D SAVAGE TRUSTEE
    1     		0    
    1201 THIRD AVE SUITE 4900
    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 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    1,223,789
    b
    Average of monthly cash balances.......................
    1b
    117,312
    c
    Fair market value of all other assets (see instructions)................
    1c
    301
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,341,402
    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
    1,341,402
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    20,121
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,321,281
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    66,064
    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
    66,064
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    1,221
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,221
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    64,843
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    64,843
    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
    64,843
    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
    300,585
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    300,585
    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
    1,221
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    299,364
    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 64,843
    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...... 220,460
    b From 2014...... 172,915
    c From 2015...... 128,274
    d From 2016...... 180,580
    e From 2017...... 232,819
    fTotal of lines 3a through e........ 935,048
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 300,585
    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..... 64,843
    e Remaining amount distributed out of corpus 235,742
    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 1,170,790
    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) ...     		220,460
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		950,330
    10 Analysis of line 9:
    a Excess from 2014.... 172,915
    b Excess from 2015.... 128,274
    c Excess from 2016.... 180,580
    d Excess from 2017.... 232,819
    e Excess from 2018.... 235,742
    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
    PACIFIC NORTHWEST BALLET
    301 MERCER STREET
    SEATTLE,WA98109     		NONE PC PROGRAM SERVICE SUPPORT 25,000
    SEATTLE SYMPHONY ORCHESTRA
    200 UNIVERSITY STREET
    SEATTLE,WA98101     		NONE PC PROGRAM SERVICE SUPPORT 75,000
    SEATTLE OPERA ASSOCIATION
    363 MERCER STREET
    SEATTLE,WA98109     		NONE PC PROGRAM SERVICE SUPPORT 75,000
    SEATTLE REPERTORY THEATRE
    155 MERCER STREET
    SEATTLE,WA98109     		NONE PC PROGRAM SERVICE SUPPORT 50,000
    ARTSFUND
    10 HARRISON STREET 200
    SEATTLE,WA98109     		NONE PC PROGRAM SERVICE SUPPORT 25,000
    Fifth Avenue Theatre
    1308 5TH AVENUE
    Seattle,WA98101     		NONE PC PROGRAM SERVICE SUPPORT 25,000
    ACT THEATRE
    700 UNION STREET
    SEATTLE,WA98101     		NONE PC PROGRAM SERVICE SUPPORT 25,000
    Total .................................bullet 3a 300,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 2,149  
    4 Dividends and interest from securities....     14 46,899  
    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 89,555  
    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)..   138,603  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    138,603
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    JOHN GRAHAM FOUNDATION
     
    Employer identification number

    91-6339306
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    JOHN GRAHAM FOUNDATION
          		Employer identification number
    91-6339306
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    JOHN GRAHAM TRUST  
    1201 THIRD AVENUE SUITE 4900
     
    SEATTLE, WA98101

    		$ 150,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    JOHN GRAHAM FOUNDATION
          		Employer identification number

    91-6339306
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    JOHN GRAHAM FOUNDATION
          		Employer identification number

    91-6339306
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    JOHN GRAHAM FOUNDATION
    EIN:
    91-6339306
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX RETURN PREPARATION FEES 1,284 1,156   128

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    JOHN GRAHAM FOUNDATION
    EIN:
    91-6339306
    Name of Bond End of Year Book Value End of Year Fair Market Value
    EMERSON ELECTRIC 4.875% 10/15/ 10,555 10,139
    GENERAL DYNAMICS 1.875% 08/15/ 18,683 18,842
    SYSCO CORP 5.25% 02/18/28 9,717 9,663
    DEERE JOHN 5.35% 04/03/18    
    CATERPILLAR 5.45% 04/15/18    
    BANK OF AMERICA 3.3% 01/11/23 20,353 19,697
    MCDONALD CORP 5% 02/01/19 10,430 10,014
    OCCIDENTAL PETRO 4.1% 02/01/21 9,980 10,173
    ORACLE 5.75% 04/15/18    
    WAL-MART STORES 3.625% 07/08/2 9,811 10,101
    PRAXAIR INC 1.25% 11/07/18    
    PRECISION CASTPARTS 1.25% 01/1    
    UNILEVER CAPITAL 4.8% 02/15/19 15,314 15,032
    MERCK & CO 2.35% 02/10/22 9,844 9,806
    SUNTRUST BANKS 2.7% 01/27/22 19,609 19,506
    AMAZON.COM INC 3.3% 12/05/21 25,992 25,306
    EXXON MOBIL 1.819% 03/15/19 20,043 19,963
    FISERV INC 2.7% 06/01/20 10,114 9,926
    WASTE MGT INC 2.9%09/15/22 10,186 9,839
    VISA INC 2.8% 12/14/22 15,412 14,812
    JP MORGAN CHASE 2.75% 06/23/20 10,071 9,943
    CINTAS CORP 2.0% 04/01/22 20,293 19,673
    GCB EQUIFAX INC 2.3% 06/01/21 20,000 19,397
    ORACLE CORP 2.5% 05/15/22 10,114 9,785
    THERMO FISHER SCIENTIFIC 3.3% 20,457 19,915
    ABBOTT LABS 2.55% 03/15/22 19,808 19,484
    DIAGEO 2.875% 05/11/22 19,802 19,805
    UNITEDHEALTH GROUP 3.35% 07/05 20,148 20,092

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    JOHN GRAHAM FOUNDATION
    EIN:
    91-6339306
    Name of Stock End of Year Book Value End of Year Fair Market Value
    COSTCO WHSL CORP 763 6,926
    MICROSOFT CORP 2,683 13,103
    PEPSICO INC 1,970 4,640
    CHEVRON CORPORATION 4,803 6,201
    EXXON MOBIL CORP 3,696 3,546
    J P MORGAN CHASE & CO 4,478 9,957
    JOHNSON & JOHNSON 5,072 8,904
    QUALCOMM INC    
    TIME WARNER INC    
    BOEING CO 1,567 9,675
    METLIFE INC    
    VERIZON COMMUNICATIONS 4,109 5,510
    AMAZON.COM INC 799 15,020
    APPLE INC 500 11,042
    MARSH & MCLENNAN COS 1,900 5,662
    AMERICAN TOWER CORP 1,101 4,746
    FIDELITY NATIONAL INFO SERVICE 1,661 6,973
    THERMO FISHER SCIENTIFIC INC 1,292 8,056
    HOME DEPOT INC 1,337 7,045
    PFIZER INC 3,262 7,159
    WELLS FARGO & CO    
    BERKSHIRE HATHAWAY CL B 4,152 10,413
    HONEYWELL INTL INC 2,332 5,681
    MARRIOTT INTERNATIONAL INC 1,317 4,234
    NEXTERA ENERGY INC 2,496 7,474
    PRICELINE GROUP INC    
    U S BANCORP 2,957 5,713
    UNION PACIFIC CORP 1,837 5,391
    ALIBABA GROUP HOLDINGS - SPADR 3,394 3,701
    E O G RESOURCES INC 2,730 4,535
    FEDEX CORP 2,238 4,033
    MONDELEZ INTERNATIONAL INC 1,434 3,643
    STARBUCKS CORP    
    VISA INC 2,423 11,215
    CELGENE CORP    
    CISCO SYSTEMS INC 3,831 3,813
    COLGATE PALMOLIVE CO 3,928 3,750
    DANAHER CORP DEL COM 3,379 6,187
    DISNEY WALT CO 3,495 5,263
    FIRST REPUBLIC BANK 4,144 3,997
    COGNIZANT TECHNOLOGY SOLUTIONS 858 4,317
    COSTAR GROUP INC 2,902 2,361
    ECOLAB INC COM 791 6,778
    FACEBOOK INC 3,461 6,817
    LAM RESEARCH CORP 856 2,179
    W E C ENERGY GROUP INC 2,211 5,402
    VALERO ENERGY CORP 2,054 2,999
    MEDTRONIC PLC 5,870 6,731
    ALPHABET INC CL C 422 3,107
    ALPHABET INC CL A 982 7,315
    AMGEN INC 5,345 6,813
    EXPEDIA INC    
    HEALTHEQUITY INC 3,724 2,863
    PAYPAL HOLDINGS INC 1,606 6,811
    SCHLUMBERGER LTD 2,126 1,660
    SCHWAB CHARLES CORP 2,992 4,195
    STANLEY BLACK & DECKER INC    
    WAL-MART STORES INC 4,514 4,099
    ACTIVISION BLIZZARD INC 2,941 4,284
    B B & T CORP 2,725 3,509
    CONSTELLATION BRANDS INC 3,890 4,342
    DOWDUPONT INC 5,779 5,508
    FORTIVE CORP 3,720 7,191
    GENERAL DYNAMICS CORP    
    PROLOGICS INC 2,402 3,582
    SALESFORCE COM INC 3,719 7,259
    BROADCOM INC 3,609 5,594
    BANK OF AMERICA CORP 8,315 7,146
    BRIGHTHOUSE FINANCIAL INC    
    D X C TECHNOLOGY COMPANY 3,568 3,137
    LILLY ELI & CO 4,379 6,596
    MOHAWK INDUSTRIES INC    
    NETFLIX INC 3,794 6,424
    SHERWIN-WILLIAMS CO 3,958 3,935
    STRYKER CORP 3,629 4,389
    UNITEDHEALTH GROUP INC 5,275 8,221
    MORGAN STANLEY COMPANY 5,141 4,837
    A T & T INC 3,333 2,540
    ADOBE INC 3,193 2,715
    BOOK HOLDING INC 1,462 5,167
    LAUDER ESTEE CO 3,074 3,122
    MCDONALDS CORP 6,466 6,925
    RAYTHEON INC 4,026 2,914
    SERVICENOW COMPUTER SOFTWARE C 4,273 4,095

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    JOHN GRAHAM FOUNDATION
    EIN:
    91-6339306
    US Government Securities - End of Year Book Value:

    74,746
    US Government Securities - End of Year Fair Market Value:

    34,837
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2018 InvestmentsOtherSchedule2
    Name:
    JOHN GRAHAM FOUNDATION
    EIN:
    91-6339306
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    POWERSHARES ETF      
    ISHARES CORE S&P MIDCAP ETF AT COST 10,917 24,743
    ISHARES BARCLAYS 3-7 YR TREASU AT COST 33,538 33,749
    VANGUARD EMERGING MARKETS ETF AT COST 16,577 20,498
    VANGUARD LARGE CAP ETF AT COST 11,233 17,688
    POERSHARES ETFE RAFI US 1000 P      
    VANGUARD SMALL CAP ETF AT COST 15,304 19,799
    VANGUARD DEVELOPED MARKETS ETF AT COST 27,407 27,009
    GOLDMAN ACCESS TREASURY 0-1 YE AT COST 20,728 20,710
    ISHARES MSCI PACIFIC EX-JAPAN AT COST 3,607 5,454
    ISHARES MSCI EAFE INDEX FUND AT COST 39,220 46,436
    POWERSHARES FT RAFI US 1500 SM AT COST 3,190 7,047
    VANGUARD SHORT-TERM CORPORATE AT COST 15,842 15,432
    ISHARES RUSSELL MIDCAP GROWTH AT COST 7,398 8,528
    ISHARES RUSSELL 2000 VALUE ETF AT COST 11,484 11,292
    ISHARES RUSSELL 2000 GROWTH AT COST 12,115 12,432
    ISHARES S&P SMALL CAP 600 GROW AT COST 2,180 6,131
    ISHARES CORE MSCI ETF      
    ISHARES CORE S&P TOTAL AT COST 12,725 14,247
    ISHARES FLOATING RATE BOND E      
    ISHARES TR 7-10 TR TREAS BOND AT COST 6,727 6,460
    GOLDMAN SACHS ACTIVEBETA EMERG AT COST 6,408 5,723
    ISHARES MSCI EUROZONE      
    ISHARES CORE MSCI TOTAL STK ET      
    ISHARES TR RUSSELL MIDCAP AT COST 11,325 10,040
    JP MORGAN DIVERSIFIED RETURN I AT COST 8,629 7,583
    PIMCO ENHANCED SHORT MATURITY AT COST 14,632 14,537

    TY 2018 OtherAssetsSchedule
    Name:
    JOHN GRAHAM FOUNDATION
    EIN:
    91-6339306
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    INCOME REPORTED NOT YET RECEIV   301 301
    ROUNDING ADJUSTMENTS   -1 -4


    TY 2018 OtherExpensesSchedule
    Name:
    JOHN GRAHAM FOUNDATION
    EIN:
    91-6339306
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT AGENCY FEES 4,318 3,886   432
    INVESTMENT MANAGEMENT FEES 11,087 11,087   0
    STATE REGISTRATION FEES 25 0   25


    TY 2018 TaxesSchedule
    Name:
    JOHN GRAHAM FOUNDATION
    EIN:
    91-6339306
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN INCOME TAX PAID 368 368   0
    FEDERAL EXCISE TAX PAYMENTS 1,296 0   0