| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 16,486 | 5,757 | 11,339 |
| Grantee's Name | Grantee's Address | Grant Date | Grant Amount | Grant Purpose | Amount Expended By Grantee | Any Diversion By Grantee? | Dates of Reports By Grantee | Date of Verification | Results of Verification |
|---|---|---|---|---|---|---|---|---|---|
|
WASHINGTON RESEARCH LICENSING FOUNDATION |
2815 EASTLAKE AVENUE EAST SUITE 300 SEATTLE,WA98102 |
2018-06-30 | 1,500,000 | (A) TO BENEFIT EDUCATIONAL INSTITUTIONS OF THE STATE OF WASHINGTON OR PRIVATE EDUCATIONAL OR SCIENTIFIC RESEARCH INSTITUTIONS LOCATED WITHIN THE STATE OF WASHINGTON THAT ARE EXEMPT FROM INCOME TAXATION UNDER SECTION 501(C)(3) OF THE CODE, ALL OF WHICH ARE HEREIN REFERRED TO AS "ELIGIBLE INSTITUTIONS;(B) TO PROMOTE, ENCOURAGE AND AID SCIENTIFIC INVESTIGATION AND RESEARCH AT ELIGIBLE INSTITUTIONS; TO PROVIDE OR ASSIST IN PROVIDING MEANS BY WHICH THEIR SCIENTIFIC DISCOVERIES, INVENTIONS AND PROCESSES MAY BE DEVELOPED, APPLIED AND PATENTED; TO PROMOTE UTILIZATION OR DISPOSITION OF SUCH DISCOVERIES, INVENTIONS AND PROCESSES AND PATENT RIGHTS OR INTERESTS THEREIN TO PROVIDE FUNDS FOR AND TO STIMULATE AND PROMOTE FURTHER INVESTIGATION AND RESEARCH AT ELIGIBLE INSTITUTIONS;(C) TO DISTRIBUTE THE ASSETS FOR SCIENTIFIC INVESTIGATION AND RESEARCH AT ELIGIBLE INSTITUTIONS; AND(D) TO USE AND ADMINISTER GIFTS, GRANTS, BEQUESTS, AND DEVICES FOR THE BENEFIT OF ELIGIBLE INSTITUTIONS. | 1,500,000 | NONE | 05/03/2019, 05/8/2020 | THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE. THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WERE MADE. | |
|
WASHINGTON RESEARCH LICENSING FOUNDATION |
2815 EASTLAKE AVENUE EAST SUITE 300 SEATTLE,WA98102 |
2018-06-30 | 1,835 | GENERAL OPERATIONAL SUPPRT TO WASHINGTON RESEARCH LICENSING FOUNDATION (EIN: 91-1160492). | 1,835 | NONE | 04/25/2019 | THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE. THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WERE MADE. |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| INVESTMENTS - CORPORATE BONDS | 26,998,221 | 26,998,221 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| INVESTMENTS - CORPORATE STOCK | 157,482,896 | 157,482,896 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESTMENTS - OTHER | AT COST | 10,166,111 | 10,166,111 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 68,095 | 47,145 | 29,128 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| EXCISE TAX RECEIVABLE | 159,387 | 159,387 | 159,387 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES | 144 | 144 | 0 | |
| DEDUCTIONS FROM EQUITY PARTNERSHIP INVESTMENTS | 0 | 414,679 | 0 | |
| INSURANCE | 6,175 | 2,156 | 4,019 | |
| SUPPLIES & EQUIPMENT | 8,000 | 0 | 5,706 | |
| LICENSES & PERMITS | 55 | 19 | 36 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| INCOME FROM EQUITY PARTNERSHIP INVESTMENTS | -192,924 | ||
| RETURN OF PRIOR YEAR GRANT | 4,309 | 4,309 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN | 7,599,009 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 782,370 | 782,370 | 0 | |
| OTHER PROFESSIONAL FEES | 30,835 | 0 | 30,835 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAX | 25,000 | 0 | 0 | |
| FOREIGN TAXES | 0 | 109,892 | 0 |