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
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
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$29,491,194J 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 128,172 128,172  
4 Dividends and interest from securities... 417,826 417,826  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -353,734
b Gross sales price for all assets on line 6a 5,992,557
7 Capital gain net income (from Part IV, line 2)...  
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........ 192,264 545,998  
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 191     191
b Accounting fees (attach schedule)....... Click to see attachment 3,000     3,000
c Other professional fees (attach schedule).... Click to see attachment 165,150 165,150    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 37,969 7,178    
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 35     35
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 206,345 172,328   3,226
25 Contributions, gifts, grants paid....... 1,335,050 1,335,050
26 Total expenses and disbursements. Add lines 24 and 25 1,541,395 172,328   1,338,276
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,349,131
b Net investment income (if negative, enter -0-) 373,670
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
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............. 252,544 1,384,064 1,384,064
2 Savings and temporary cash investments......... 2,892,320 2,956,397 2,956,397
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) 2,405,185 2,402,439 2,402,439
b Investments—corporate stock (attach schedule)....... 15,852,294 Click to see attachment16,032,242 16,032,242
c Investments—corporate bonds (attach schedule)....... 2,012,502 Click to see attachment2,441,938 2,441,938
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 6,017,099 Click to see attachment4,274,114 4,274,114
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) 29,431,944 29,491,194 29,491,194
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 FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 29,431,944 29,491,194
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 29,431,944 29,491,194
30 Total liabilities and net assets/fund balances (see instructions). 29,431,944 29,491,194
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
29,431,944
2
Enter amount from Part I, line 27a .....................
2
-1,349,131
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,408,381
4
Add lines 1, 2, and 3 ..........................
4
29,491,194
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 29 .
6
29,491,194
Form 990-PF (2020)
Form 990-PF (2020)
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 INVESCO LTD COM STK P 2019-09-11 2020-01-08
b VIACOMCBS INC NPV CLASS B P 2019-11-19 2020-05-08
c GILEAD SCIENCES INC P 2013-05-06 2020-05-08
d INVESCO LTD COM STK P 2019-05-29 2020-01-08
e WELLS FARGO & CO NEW P 2019-11-19 2020-05-08
COCA COLA CO P 2019-05-20 2020-08-03
EBAY INC P 2019-06-10 2020-01-09
WELLS FARGO & CO NEW P 2019-10-24 2020-05-08
COCA COLA CO P 2016-06-28 2020-08-03
DOCUSIGN INC P 2019-06-06 2020-04-17
BP AMOCO P L C SPONSORED ADR P 2020-01-08 2020-08-03
DOCUSIGN INC COM P 2019-05-29 2020-08-03
DOCUSIGN INC P 2019-05-29 2020-04-17
COCA COLA CO P 2019-09-11 2020-08-03
DOCUSIGN INC COM P 2019-06-10 2020-09-11
GENERAL ELECTRIC CO P 2020-01-29 2020-05-08
MCDONALDS CORP P 2011-08-10 2020-02-12
DOCUSIGN INC COM P 2019-07-16 2020-09-11
GENERAL ELECTRIC CO P 2019-05-14 2020-05-08
MCDONALDS CORP P 2011-09-22 2020-02-12
DOCUSIGN INC COM P 2019-07-16 2020-09-02
GENERAL ELECTRIC CO P 2020-01-08 2020-05-08
ALLSTATE CORP P 2016-06-28 2020-05-08
DOCUSIGN INC COM P 2019-05-29 2020-09-02
GENERAL ELECTRIC CO P 2019-06-11 2020-05-08
ALLSTATE CORP P 2016-11-04 2020-05-08
VIATRIS INC P 2019-06-06 2020-11-17
GILEAD SCIENCES INC P 2019-09-11 2020-05-08
GENERAL ELECTRIC CO P 2016-06-28 2020-05-08
EMORY UNIV GA TAXABLE IAM COML PAPER P 2020-03-02 2020-03-26
GILEAD SCIENCES INC P 2019-07-16 2020-05-08
GENERAL ELECTRIC CO P 2010-05-05 2020-05-08
US TREASURY NTS DTD P 2013-02-08 2020-01-31
ISHARES MSCI EMERGING MARKETS INDX F P 2019-06-28 2020-05-08
GENERAL ELECTRIC CO P 2014-10-29 2020-05-08
FEDERAL HOME LN MTG CORP P 2018-05-21 2020-04-23
ISHARES MSCI EMERGING MARKETS INDX F P 2019-05-20 2020-05-08
GENERAL ELECTRIC CO P 2012-12-12 2020-05-08
PPG INDS INC P 2018-03-20 2020-06-30
ISHARES MSCI EMERGING MARKETS INDX F P 2019-05-29 2020-05-08
GENERAL ELECTRIC CO P 2010-01-12 2020-05-08
3M CO P 2018-09-11 2020-12-23
VIACOMCBS INC NPV CLASS B P 2020-02-12 2020-05-08
GENERAL ELECTRIC CO P 2012-03-02 2020-05-08
(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 214,506   209,646 4,860
b 257,507   568,270 -310,763
c 56,753   40,215 16,538
d 180,543   202,763 -22,220
e 264,651   562,958 -298,307
97,503   102,734 -5,231
372,662   405,313 -32,651
272,285   547,261 -274,976
129,307   122,511 6,796
180,158   98,114 82,044
216,459   379,003 -162,544
113,357   27,131 86,226
270,237   146,506 123,731
176,434   207,513 -31,079
274,022   67,421 206,601
50,057   104,542 -54,485
108,389   42,205 66,184
313,168   86,216 226,952
54,383   90,443 -36,060
72,838   28,840 43,998
78,023   16,166 61,857
50,057   97,176 -47,119
151,734   100,662 51,072
182,053   37,983 144,070
54,383   88,987 -34,604
40,395   26,842 13,553
15   11 4
139,177   121,451 17,726
8,318   40,247 -31,929
609,000   609,000  
54,124   46,771 7,353
14,677   43,455 -28,778
100,000   100,000  
227,767   265,360 -37,593
581   2,400 -1,819
100,000   99,752 248
176,336   192,672 -16,336
1,075   3,801 -2,726
101,222   100,312 910
132,252   144,540 -12,288
13,843   37,366 -23,523
30,550   29,939 611
50,070   98,853 -48,783
958   2,940 -1,982
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       4,860
b       -310,763
c       16,538
d       -22,220
e       -298,307
      -5,231
      -32,651
      -274,976
      6,796
      82,044
      -162,544
      86,226
      123,731
      -31,079
      206,601
      -54,485
      66,184
      226,952
      -36,060
      43,998
      61,857
      -47,119
      51,072
      144,070
      -34,604
      13,553
      4
      17,726
      -31,929
       
      7,353
      -28,778
       
      -37,593
      -1,819
      248
      -16,336
      -2,726
      910
      -12,288
      -23,523
      611
      -48,783
      -1,982
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 -353,734
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 -1,184,094
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
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 for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 5,194
c All other domestic foundations enter 1.39% 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 5,194
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 5,194
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 20,000
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d 207
7 Total credits and payments. Add lines 6a through 6d.............. 7 20,207
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 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 15,013
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet15,013 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 the instructions
for the 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 2020 or the taxable year beginning in 2020? 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 (2020)
    Form 990-PF (2020)
    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 2020, 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 2020?.............
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    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 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 (2020)
    Form 990-PF (2020)
    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
    MORGAN STANLEY INVESTMENT MGRS 153,353
    601 UNION ST 5200
    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 (2020)
    Form 990-PF (2020)
    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
    23,438,603
    b
    Average of monthly cash balances.......................
    1b
    3,823,230
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    27,261,833
    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
    27,261,833
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    408,927
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    26,852,906
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,342,645
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,342,645
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    5,194
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    5,194
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,337,451
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,337,451
    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
    1,337,451
    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
    1,338,276
    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
    1,338,276
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,338,276
    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 (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 1,337,451
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017...... 501
    d From 2018...... 6,274
    e From 2019......  
    fTotal of lines 3a through e........ 6,775
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,338,276
    a Applied to 2019, 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 2020 distributable amount..... 1,337,451
    e Remaining amount distributed out of corpus 825
    5 Excess distributions carryover applied to 2020.    
    (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 7,600
    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 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		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 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		7,600
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017.... 501
    c Excess from 2018.... 6,274
    d Excess from 2019....  
    e Excess from 2020.... 825
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 2020, 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) 2020 (b) 2019 (c) 2018 (d) 2017
             
    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 (2020)
    Form 990-PF (2020)
    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
    ARBORETUM FOUNDATION
    2300 ARBORETUM DR E
    SEATTLE,WA98112     		NONE 509(A)(1) LAND CONSERVATION 1,000
    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'S HOSPITAL FOUNDATION
    PO BOX 50020-S-200
    SEATTLE,WA981455020     		NONE 509(A)(1) MEDICAL CARE FOR CHILDREN ENDOWMENT 10,000
    CONSERVATION INTERNATIONAL
    2011 CRYSTAL DRIVE 500
    ARLINGTON,VA22202     		NONE 509(A)(1) LAND CONSERVATION 260,000
    CORNISH COLLEGE OF THE ARTS
    1000 LENORA STREET
    SEATTLE,WA98121     		NONE 509(A)(1) SCHOLARSHIP FUND 5,000
    CYSTIC FIBROSIS FOUNDATION
    4550 MONTGOMERY AVE1100N
    BETHESADA,MD20814     		NONE 509(A)(1) MEDICAL RESEARCH 20,000
    DENSHO
    1416 S JACKSON STREET
    SEATTLE,WA98144     		NONE 509(A)(2) JAPANESE WWII HISTORY PRESERVATION 5,000
    DIRECT RELIEF
    610 WALLACE BECKNELL RD
    SANTA BARBARA,CA93117     		NONE 509(A)(1) DISASTER RELIEF 20,000
    DOCTORS WITHOUT BORDERS
    333 SEVENTH AVENUE 2ND F
    NEW YORK,NY10001     		NONE 509(A)(1) MEDICAL CARE IN 3RD WORLD COUNTRIES 10,000
    DUWAMISH TRIBAL SERVICES
    4705 W MARGINAL WAY
    SEATTLE,WA98106     		NONE 509(A)(2) NORTHWEST NATIVE CULTURE 50
    EL CENTRO DE LA RAZA
    2524 16TH AVENUE S
    SEATTLE,WA98144     		NONE 509(A)(2) COMMUNITY ASSISTANCE PROGRAMS 50
    EPIPHANY SCHOOL
    3710 EAST HOWELL STREET
    SEATTLE,WA98122     		NONE 509(A)(1) ANNUAL FUND 10,000
    ESTALITAS LIBRARY
    2524 16TH AVENUE S 1503
    SEATTLE,WA98144     		NONE 509(A)(2) COMMUNITY LIBRARY 25
    FRED HUTCHINSON CANCER RESEARCH INS
    P O BOX 19024
    SEATTLE,WA981091024     		NONE 509(A)(1) CANCER RESEARCH 20,000
    GUIDE DOG FOUNDATION FOR THE BLIND
    371 E MAINT STREET JERIC
    SMITHTOWN,NY117879897     		NONE 509(A)(1) GUIDE DOGS FOR THE BLIND ASSIST 5,000
    HABITAT FOR HUMANITY
    560 NACHES AVENUE SW 110
    RENTON,WA98057     		NONE 509(A)(1) ASSISTED HOUSING FOR KING COUNTY 10,000
    HEREDITARY DISEASE FOUNDATION
    3960 BROADWAY 6TH FLOOR
    NEW YORK,NY10032     		NONE 509(A)(1) MEDICAL RESEARCH 5,000
    HOPELINK
    8990 154TH AVENUE NE
    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
    472 FIRST AVENUE N
    SEATTLE,WA98109     		NONE 509(A)(1) PUBLIC RADIO 75
    KUOW
    4518 UNIVERSITY WAY NE
    STE 310
    SEATTLE,WA98105     		NONE 509(A)(1) PUBLIC RADIO 50
    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 40,000
    LITTLEBIT THERAPEUTIC RIDING CENTER
    18675 NE 106TH ST
    REDMOND,WA98052     		NONE 509(A)(1) THERAPEUTIC RIDING 1,000
    MOUNTAIN HUMANE
    P O BOX 1496
    HAILEY,ID83340     		NONE 509(A)(2) ANIMAL SHELTER & EDUCATION 5,000
    NATIVE ARTS & CULTURE FOUNDATION
    400 E EVERGREEN BLVD
    STE 102
    VANCOUVER,WA98660     		NONE 509(A)(1) ARTS FOUNDATION 50
    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 230,000
    PACIFIC NORTHWEST BALLET
    301 MERCER STREET
    SEATTLE,WA98109     		NONE 509(A)(1) PERFORMING ARTS 5,000
    PLYMOUTH HOUSING GROUP
    2113 THIRD AVE
    SEATTLE,WA98121     		NONE 509(A)(1) HOMELESS CARE AND HOUSING 10,000
    PRATT FINE ARTS CENTER
    1902 S MAIN
    SEATTLE,WA98144     		NONE 509(A)(1) ARTS SCHOOL - ENDOWMENT FUND 5,025
    PRISONERS FOR CHRIST
    PO BOX 1530
    WOODINVILLE,WA98072     		NONE 509(A)(1) SERVICES TO PRISONERS AND FAMILIES 600
    PURRFECT PALS CAT SHELTER & SANCTUA
    230 MCRAE ROAD NE
    ARLINGTON,WA98223     		NONE 509(A)(1) ANIMAL SHELTER 1,000
    RAINIER VALLEY FOOD BANK
    4205 RAINIER AVENUE S
    SEATTLE,WA98118     		NONE 509(A)(1) FOOD BANK 50
    REAL CHANGE HOMELESS EMPOWERMENT
    219 FIRST AVENUE S 220
    SEATTLE,WA98104     		NONE 509(A)(1) HOMELESSNESS ASSISTANCE 25
    SEATTLE AQUARIUM SOCIETY
    1415 WESTERN AVE STE 505
    SEATTLE,WA981012051     		NONE 509(A)(1) MARINE LIFE AQUARIUM ED. & PRESERVAT 70,000
    SEATTLE ART MUSEUM
    1300 FIRST AVENUE
    SEATTLE,WA98101     		NONE 509(A)(1) ANNUAL FUND 20,000
    SEATTLE CHILDREN'S THEATRE
    201 THOMAS STREET
    SEATTLE,WA981094535     		NONE 509(A)(1) PERFORMANCE ARTS 50,000
    SEATTLE NEIGHBORHOOD GREENWAYS
    220 SECOND AVENUE S 100
    SEATTLE,WA98104     		NONE 509(A)(1) PUBLIC NEIGHBORHOOD GREENWAYS 25
    SEATTLE UNION GOSPEL MISSION
    P O BOX 202
    SEATTLE,WA981119945     		NONE 509(A)(1) HOMELESS SHELTER 5,000
    SMILE TRAIN
    633 THIRD AVENUE
    9TH FLOOR
    NEW YORK,NY10017     		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 POVERTY 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
    22650 DOCK AVENUE S
    DES MOINES,WA98198     		NONE 509(A)(1) SEALIFE REHABILITATION & RESEARCH 10,000
    ST JAMES CATHEDRAL
    804 NINTH AVENUE
    SEATTLE,WA98104     		NONE 509(A)(3) ANNUAL FUND 50,000
    SUN VALLEY SKI EDUCATION FOUNDATION
    POST OFFICE BOX 203
    SUN VALLEY,ID83353     		NONE 509(A)(2) EDUCATION PROGRAM 25,000
    SUSAN G KOMEN BREAST CANCER FNDTN
    P O BOX 650309
    DALLAS,TX752650309     		NONE 509(A)(2) BREAST CANCER RESEARCH 5,000
    SWEDISH MEDICAL CENTER FOUNDATION
    PO BOX 22100
    SEATTLE,WA981229946     		NONE 509(A)(1) MEDICAL FOUNDATION 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
    TRUST FOR PUBLIC LANDS
    PO BOX 399336
    SAN FRANCISCO,CA94139     		NONE 509(A)(1) PRESERVING LANDS TRUST 25
    UNIVERSITY OF WASHINGTON FOUNDATION
    BOX 359505
    SEATTLE,WA981959505     		NONE 509(A)(3) EMERGENCY RELIEF FUND/EDUCATION 120,000
    VANDERBILT UNIVERSITY
    2301 VANDERBILT PLACE
    PBM 406310
    NASHVILLE,TN372406310     		NONE 509(A)(1) UNDERGRADUATE EDUCATION FUND 50,000
    WOODLAND PARK ZOO
    601 N 59TH STREET
    SEATTLE,WA98103     		NONE 509(A)(1) RELIEF FUND & 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
    YOUTHCARE
    2500 NE 54TH STREET
    SEATTLE,WA98105     		NONE 509(A)(2) YOUTH ASSISTANCE PROGRAM 10,000
    YWCA
    1118 FIFTH AVENUE
    SEATTLE,WA98101     		NONE 509(A)(2) WOMEN'S ASSISTANCE PROGRAM 5,000
    Total .................................bullet 3a 1,335,050
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 ...........     		    14 128,172  
    4 Dividends and interest from securities....     14 417,826  
    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 -353,837 103
    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)..   192,161 103
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    192,264
    (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 (2020)
    Form 990-PF (2020)
    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 instructions.
    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 (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 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 3,000     3,000

    TY 2020 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    
    ALBEMARLE CORP 497,935 497,935
    AMAZON COM INC 3.15% 08/22/27 113,856 113,856
    APPLE INC 3.2% 05/11/27 112,913 112,913
    BANK AMER CORP 5.875% 1/5/21 90,000 90,000
    BANKK AMER CORP 3.974% 02/07/30 17,667 17,667
    BANK NY MELLON CORP 3.45% 8/11/23 64,858 64,858
    BANK OF NOVA SCOTIA 4.375% 01/13/21 125,115 125,115
    BANK NS HELIFAX 4.375% 01/13/21    
    BLACKROCK INC 3.5% 3/18/24 137,300 137,300
    CDN IMPERIAL BANK 3.5% 9/13/23 119,424 119,424
    CITIBANK 3.4% 7/23/21 101,473 101,473
    COCA COLA CO 2.550% 06/01/26 136,973 136,973
    DUKE ENERGY PROGRESS 3.45% 03/15/29 75,503 75,503
    EQUINOR ASA 2.45% 01/17/23 104,270 104,270
    INTERNATIONAL BUSINESS 3.5% 05/15/29 115,708 115,708
    JPMORGAN CHASE 3.702% 05/06/30 17,401 17,401
    PHARMACIA CORP 6.6% 12/01/28 83,632 83,632
    PHILIP MORRIS INTL INC 2.5% 11/02/22 103,777 103,777
    PPG INDS INC 3.6% 11/15/20    
    SANOFI SERIES A 3.375% 6/19/23 107,254 107,254
    STATOIL ASA 2.45% 01/17/23    
    TORONTO DOMINION 3.25% 03/11/24 86,881 86,881
    TOYOTA MTR CR CORP 2.750% 110,994 110,994
    WALMART INC 2.85% 07/08/24 119,004 119,004

    TY 2020 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 275,805 275,805
    ALLSTATE CORP    
    ALPHABET INC CLASS A 234,854 234,854
    ALPHABET INC CLASS C 511,549 511,549
    AMERICAN TOWER CORP 240,397 240,397
    AMERICAN TOWER CORP 1,296 1,296
    AMGEN INC. COM 448,344 448,344
    APPLE INC. 1,178,287 1,178,287
    BANK OF AMERICA CORP 406,154 406,154
    BAXTER INTL INC COM 121,644 121,644
    BAXTER INTL INC COM 371 371
    BERKSHIRE HATHAWAY INC CLASS B 695,610 695,610
    BOEING CO COM 278,278 278,278
    BRISTOL MYERS SQUIBB 426,766 426,766
    CHEVRON CORP. 220,921 220,921
    CITIGROUP INC COM 492,232 492,232
    COCA COLA CO    
    COMCAST CORP NEW CLASS A 681,200 681,200
    CONOCOPHILLIPS COM 239,940 239,940
    DOCUSIGN INC COM 111,150 111,150
    EBAY INC COM    
    EMERSON ELECTRIC CO COM 811,737 811,737
    EXXON MOBIL 87,675 87,675
    GENERAL ELECTRIC    
    GILEAD SCIENCES INC 349,560 349,560
    HOME DEPOT INC 271,464 271,464
    INTEL CORP 465,668 465,668
    INVESCO LTD COM    
    JOHNSON & JOHNSON COM 361,974 361,974
    JPMORGAN CHASE 444,364 444,364
    MCDONALDS CORP    
    MEDTRONIC PLC 831,694 831,694
    MEDTRONIC PLC 4,118 4,118
    MONDELEZ INTL INC 272,178 272,178
    MONDELEZ INTL INC 1,466 1,466
    NIKE 617,658 617,658
    NORFOLK SOUTHERN CORP 196,266 196,266
    PFIZER INC COM 424,714 424,714
    SALESFORCE 756,157 756,157
    SIMON PPTY GROUP INC 724,880 724,880
    SIMON PPTY GROUP INC 11,050 11,050
    STARBUCKS CORP 641,880 641,880
    THERMO FISHER SCIENTIFIC 652,092 652,092
    THERMO FISHER SCIENTIFIC 308 308
    UNION PAC CORP COM 603,838 603,838
    VIACOMCBS INC    
    VIATRIS INC 26,817 26,817
    WALT DISNEY CO. 909,886 909,886
    WELLS FARGO    

    TY 2020 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
    MFC ISHARES INC MSCI PAC EX-JAPAN FMV 909,530 909,530
    MFC ISHARES TR MSCI EMERGING MARKETS FMV    
    MFC ISHARES TR EUROPE ETF S&P EURO FMV 1,236,336 1,236,336
    MFC ISHARES MSCI ACWI ETF FMV 743,904 743,904
    MFC ISHARES TR MSCI ACWI EX US ETF FMV 1,384,344 1,384,344
    ENTERGY COR DISC COML PAPER 02/20/20 FMV    
    FMC TECH INC DISC COML PAPE 01/16/20 FMV    
    GLENCORE FUNDING LLC 01/22/20 FMV    
    MARRIOTT INTL DISC COML PAP 1/21/20 FMV    

    TY 2020 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 191     191


    TY 2020 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        
    OFFICE EXPENSES 35     35


    TY 2020 OtherIncreasesSchedule
    Name:
    KEITH & MARY KAY MCCAW FAMILY FOUND
    EIN:
    91-1920617
    Description Amount
    CHANGE IN UNREALIZED GAINS 1,408,381


    TY 2020 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 8484 8,251 8,251    
    INVESTMENT MANAGEMENT FEES 8484 3,546 3,546    
    MORGAN STANLEY GRAYSTONE CONSULT 153,353 153,353    


    TY 2020 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 30,791      
    FOREIGN TAXES 4845 7,178 7,178