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
DISCUREN FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)C/O JANE FRISSELL 1201 THIRD AVE
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SEATTLE, WA981013099
A Employer identification number

20-2046554
B Telephone number (see instructions)

(206) 359-3137
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$7,441,924
J 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) 1,376,219
2 Check bullet.............
3 Interest on savings and temporary cash investments 826 826  
4 Dividends and interest from securities... 101,494 101,494  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,129,631
b Gross sales price for all assets on line 6a 4,322,738
7 Capital gain net income (from Part IV, line 2)... 1,129,631
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........ 2,608,170 1,231,951  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 125,886 12,589   113,297
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits....... 8,001 800 0 7,201
16a Legal fees (attach schedule)......... 56,392 5,639 0 50,753
b Accounting fees (attach schedule)....... 6,990 6,291 0 699
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... 4,179 4,179   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)....... 31,121 34,787   3,846
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 232,569 64,285 0 175,796
25 Contributions, gifts, grants paid....... 2,630,368 2,630,368
26 Total expenses and disbursements. Add lines 24 and 25 2,862,937 64,285 0 2,806,164
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -254,767
b Net investment income (if negative, enter -0-) 1,167,666
c Adjusted net income (if negative, enter -0-)... 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............. 29,037 31,901 31,901
2 Savings and temporary cash investments......... 126,649 126,471 126,471
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)      
b Investments—corporate stock (attach schedule)....... 1,151,248 Click to see attachment629,786 2,001,370
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 3,645,329 Click to see attachment3,907,752 5,280,256
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment338 Click to see attachment1,926 Click to see attachment1,926
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,952,601 4,697,836 7,441,924
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...........    
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........ 4,952,601 4,697,836
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)..... 4,952,601 4,697,836
30 Total liabilities and net assets/fund balances (see instructions). 4,952,601 4,697,836
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
4,952,601
2
Enter amount from Part I, line 27a .....................
2
-254,767
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2
4
Add lines 1, 2, and 3 ..........................
4
4,697,836
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 29 .
6
4,697,836
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 68. LUMENTUM HOLDINGS INC   2017-11-29 2020-01-13
b 619. HARSCO CORPORATION   2019-03-06 2020-01-24
c 65. WOODWARD INC   2011-08-15 2020-01-24
d 57. WOODWARD INC   2011-08-15 2020-01-28
e 807. ANGIODYNAMICS, INC   2018-02-27 2020-02-05
77. BIOTELEMETRY INCORPORATED   2019-06-14 2020-02-05
586. EXTENDED STAY AMERICA, INC   2018-06-04 2020-02-05
98. EXTENDED STAY AMERICA, INC   2019-07-01 2020-02-05
20649.625 VANGUARD GNMA FD CL A   2010-01-21 2020-02-13
136. NEENAH PAPER INC   2017-08-16 2020-02-19
25. NEENAH PAPER INC   2019-07-01 2020-02-19
67. LIVANOVA PLC   2017-10-25 2020-02-27
7. LIVANOVA PLC   2019-07-01 2020-02-27
52. THE CHILDREN'S PLACE INC   2018-12-07 2020-03-10
45. THE CHILDREN'S PLACE INC   2019-04-08 2020-03-10
20. THE CHILDREN'S PLACE INC   2019-07-01 2020-03-10
3386.753 JPMORGAN EMERGING MKTS EQUITY FD CL L   2017-06-06 2020-03-18
18817.392 PIMCO LOW DURATION ESG FD CL I   2017-08-22 2020-03-18
16616.289 TIAA-CREF CORE IMPACT BOND FD CL I   2017-08-24 2020-03-18
5939.698 VANGUARD GNMA FD CL A   2010-01-21 2020-03-18
4922.361 VANGUARD GNMA FD CL A   2013-10-22 2020-03-18
42. WEST PHARMACEUTICALS SERVICE S INC   2010-11-22 2020-03-19
116. AMN HEALTHCARE SVCS   2019-05-09 2020-03-25
477. PREMIER INCORPORATED CL A   2020-02-05 2020-03-26
114. OMNICELL INC   2018-04-13 2020-03-30
8285.614 FIRST EAGLE OVERSEAS FD CL I   2011-01-06 2020-04-02
1495.163 FIRST EAGLE OVERSEAS FD CL I   2011-08-29 2020-04-02
179. 3M CO   2015-10-26 2020-04-02
94. LOGMELN INC   2018-06-01 2020-04-06
2. LOGMELN INC   2018-06-01 2020-04-09
60. LOGMELN INC   2018-08-07 2020-04-09
15. LOGMELN INC   2019-07-01 2020-04-09
622. CADENCE BANCORPORATION CL A   2019-12-03 2020-04-16
765. TTM TECHNOLOGIES INC   2017-08-25 2020-04-17
128. TTM TECHNOLOGIES INC   2019-07-01 2020-04-17
834. FIREEYE INC   2018-08-27 2020-04-23
77. FIREEYE INC   2019-07-01 2020-04-23
169. PROS HOLDINGS INC   2016-01-19 2020-04-23
510. BANC OF CALIFORNIA INC   2018-03-16 2020-04-30
305. BANC OF CALIFORNIA INC   2019-07-25 2020-04-30
100. BANC OF CALIFORNIA INC   2019-07-01 2020-04-30
134. PROS HOLDINGS INC   2016-01-19 2020-04-30
25316.456 HARDING LOEVNER INTL EQUITY PORTFOLIO   2010-12-28 2020-05-04
51. WEST PHARMACEUTICALS SERVICE S INC   2010-11-22 2020-05-08
261. APOGEE ENTERPRISES, INC.   2018-01-17 2020-05-21
46. APOGEE ENTERPRISES, INC.   2019-07-01 2020-05-21
75. WEST PHARMACEUTICALS SERVICE S INC   2010-11-22 2020-05-27
3260.87 BROWN CAPITAL MGMT SMALL COMPANY FD   2011-01-06 2020-06-03
32. BIOTELEMETRY INCORPORATED   2019-06-14 2020-07-10
161. BIOTELEMETRY INCORPORATED   2018-01-30 2020-07-10
3581.945 BROWN CAPITAL MGMT SMALL COMPANY FD   2011-01-06 2020-07-10
116. HEALTHCARE SERVICES GROUP   2020-04-30 2020-07-10
423. HEALTHCARE SERVICES GROUP   2020-04-23 2020-07-10
38. REGAL BELOIT CORP   2020-02-19 2020-07-23
58. REGAL BELOIT CORP   2014-04-15 2020-07-23
15060.395 HARDING LOEVNER INTL EQUITY PORTFOLIO   2010-12-28 2020-07-24
4758.268 HARDING LOEVNER INTL EQUITY PORTFOLIO   2012-04-30 2020-07-24
587. WASTE MANAGEMENT INC   2016-03-18 2020-07-24
284. CALIFORNIA WATER SERVICE GROUP HOLDING   2019-07-01 2020-07-30
146. TOWER SEMICONDUCTOR LTD   2020-01-13 2020-08-11
147. TOWER SEMICONDUCTOR LTD   2020-04-06 2020-08-11
571. CERUS CORPORATION   2020-02-05 2020-08-24
14. LITHIA MOTORS INC   2020-05-27 2020-09-14
26. LITHIA MOTORS INC   2020-04-23 2020-09-14
4977.639 VANGUARD GNMA FD CL A   2013-10-22 2020-10-01
1349.051 VANGUARD GNMA FD CL A   2007-12-28 2020-10-01
178. LIVEPERSON INC   2020-04-09 2020-10-06
170. AMN HEALTHCARE SVCS   2019-05-09 2020-10-27
69. ACCELERON PHARMA INC   2019-02-04 2020-10-27
7. ACCELERON PHARMA INC   2019-07-01 2020-10-27
153. ADVANCED ENERGY INDUSTRIES   2018-12-07 2020-10-27
102. AMERIS BANCORP   2017-02-09 2020-10-27
226. AMERIS BANCORP   2019-09-23 2020-10-27
20. AMERIS BANCORP   2019-07-01 2020-10-27
82. AMERIS BANCORP   2020-07-23 2020-10-27
107. BLACKLINE INC   2020-05-08 2020-10-27
236. CARDIFF ONCOLOGY INC   2020-10-16 2020-10-27
38. CASEY'S GENERAL STORES INC   2020-04-06 2020-10-27
45. CAVCO INDUSTRIES INC   2020-05-27 2020-10-27
203. CELLECTIS SA ADR   2020-02-06 2020-10-27
2533. CERUS CORPORATION   2020-02-05 2020-10-27
44. COLUMBIA SPORTSWEAR COMPANY   2020-05-27 2020-10-27
72. COLUMBIA SPORTSWEAR COMPANY   2020-03-25 2020-10-27
270. COLUMBUS MCKINNON CORPORATIO N   2019-04-08 2020-10-27
142. COLUMBUS MCKINNON CORPORATIO N   2020-02-19 2020-10-27
96. COLUMBUS MCKINNON CORPORATIO N   2020-04-30 2020-10-27
36. DECKER OUTDOOR CORP   2020-03-25 2020-10-27
596. ELF BEAUTY INC   2019-04-17 2020-10-27
398. ELF BEAUTY INC   2018-08-16 2020-10-27
38. ENERSYS   2019-11-14 2020-10-27
54. ENERSYS   2020-04-30 2020-10-27
166. ENERSYS   2016-03-01 2020-10-27
248. ESCO TECHNOLOGIES INC   2015-06-26 2020-10-27
127. EURONET WORLDWIDE INC   2014-04-23 2020-10-27
220. FIRST BANCORP   2017-05-26 2020-10-27
457. FIRST FOUNDATION INC   2019-09-23 2020-10-27
72. HALOZYME THERAPEUTICS INC   2020-10-06 2020-10-27
127. HALOZYME THERAPEUTICS INC   2018-04-17 2020-10-27
35. HALOZYME THERAPEUTICS INC   2019-07-01 2020-10-27
265. HALOZYME THERAPEUTICS INC   2019-11-07 2020-10-27
220. HARBORONE BANCORP INCORPORAT ED   2019-12-23 2020-10-27
459. HARBORONE BANCORP INCORPORAT ED   2019-12-23 2020-10-27
37. HARSCO CORPORATION   2019-03-06 2020-10-27
300. HARSCO CORPORATION   2019-10-23 2020-10-27
771. HARSCO CORPORATION   2020-04-30 2020-10-27
3. ICU MEDICAL INC   2018-12-19 2020-10-27
57. ICU MEDICAL INC   2017-04-19 2020-10-27
191. INDEPENDENT BANK GROUP INC   2018-09-21 2020-10-27
33. INDEPENDENT BANK GROUP INC   2019-07-01 2020-10-27
768. INFINERA CORPORATION   2019-12-18 2020-10-27
633. INFINERA CORPORATION   2020-03-30 2020-10-27
221. INTEGRA LIFESCIENCES HLDGS CORP   2019-09-18 2020-10-27
180. JOHN BEAN TECHNOLOGIES, INC   2018-07-19 2020-10-27
1796. KADMON HOLDINGS INC   2020-07-10 2020-10-27
668. KADMON HOLDINGS INC   2020-03-23 2020-10-27
159. KURA ONCOLOGY INC   2018-07-11 2020-10-27
26. KURA ONCOLOGY INC   2019-07-01 2020-10-27
39. LHC GROUP INC   2020-03-30 2020-10-27
38. LHC GROUP INC   2020-03-25 2020-10-27
135. LGI HOMES INCORPORATED   2020-01-24 2020-10-27
201. LEMAITRE VASCULAR, INC.   2020-09-09 2020-10-27
149. LEMAITRE VASCULAR, INC.   2020-09-04 2020-10-27
57. LEMAITRE VASCULAR, INC.   2020-08-25 2020-10-27
53. LITHIA MOTORS INC   2020-04-23 2020-10-27
309. LIVEPERSON INC   2020-04-09 2020-10-27
140. LUMENTUM HOLDINGS INC   2017-11-29 2020-10-27
36. LUMENTUM HOLDINGS INC   2019-07-01 2020-10-27
272. MAXLINEAR INC   2020-07-22 2020-10-27
340. MAXLINEAR INC   2020-10-06 2020-10-27
148. OMNICELL INC   2018-04-13 2020-10-27
140. PRA HEALTH SCIENCES INC   2020-07-10 2020-10-27
240. PERFICIENT INC   2016-01-22 2020-10-27
215. PIPER SANDLER COMPANIES   2019-10-18 2020-10-27
183. QCR HOLDINGS INC   2018-01-10 2020-10-27
132. QCR HOLDINGS INC   2019-07-25 2020-10-27
21. QCR HOLDINGS INC   2019-07-01 2020-10-27
126. QCR HOLDINGS INC   2020-08-11 2020-10-27
65. REATA PHARMACEUTICALS INC   2017-08-25 2020-10-27
76. REGAL BELOIT CORP   2014-04-15 2020-10-27
30. REGAL BELOIT CORP   2020-04-30 2020-10-27
126. ROGERS CORP   2020-03-26 2020-10-27
171. SJW CORP   2019-10-16 2020-10-27
156. SJW CORP   2020-07-30 2020-10-27
418. SILGAN HOLDINGS INC   2013-12-23 2020-10-27
243. STIFEL FINANCIAL CORPORATION   2020-05-21 2020-10-27
41. SYKES ENTERPRISES INC   2010-11-22 2020-10-27
375. SYKES ENTERPRISES INC   2011-08-18 2020-10-27
71. TANDEM DIABETES CARE INC   2020-04-23 2020-10-27
227. UFP INDUSTRIES INC   2020-01-24 2020-10-27
59. UFP INDUSTRIES INC   2020-05-08 2020-10-27
102. UFP INDUSTRIES INC   2020-04-30 2020-10-27
294. WSFS FINANCIAL CORPORATION   2019-09-23 2020-10-27
116. WSFS FINANCIAL CORPORATION   2020-07-23 2020-10-27
300. WNS HOLDINGS LIMITED   2017-03-29 2020-10-27
378.874 BROWN CAPITAL MGMT SMALL COMPANY FD   2020-11-02 2020-11-24
3571.429 DOMINI IMPACT INTL EQUITY FD CL I   2015-03-30 2020-11-24
1860.811 HARDING LOEVNER INTL EQUITY PORTFOLIO   2012-04-30 2020-11-24
922.225 JPMORGAN EMERGING MKTS EQUITY FD CL L   2017-06-06 2020-11-24
3167.989 LAZARD GLOBAL INFRASTRUCTURE PORT CL I   2020-02-13 2020-11-24
939.123 MFS INTL INTRINSIC VALUE FD CL I   2020-11-02 2020-11-24
304.249 MFS INTL INTRINSIC VALUE FD CL I   2014-02-24 2020-11-24
595.914 VANGUARD FTSE SOCIAL INDEX FD CL A   2020-11-02 2020-11-24
112.5406 VIATRIS INC   2020-07-27 2020-12-03
132. AIR PRODUCTS & CHEMICALS INC   2005-11-02 2020-12-22
543. TRUIST FINANCIAL CORP   2015-08-31 2020-12-22
33. CHUBB LIMITED   2016-02-02 2020-12-22
241. CHUBB LIMITED   2015-06-30 2020-12-22
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
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 5,475   3,724 1,751
b 9,865   14,135 -4,270
c 7,772   1,993 5,779
d 6,736   1,748 4,988
e 11,067   13,913 -2,846
4,122   3,768 354
7,726   12,469 -4,743
1,292   1,649 -357
218,680   221,777 -3,097
8,947   10,651 -1,704
1,645   1,681 -36
4,189   4,958 -769
438   506 -68
2,347   5,757 -3,410
2,031   4,572 -2,541
903   1,908 -1,005
81,756   87,175 -5,419
175,754   179,518 -3,764
169,320   172,145 -2,825
62,664   63,792 -1,128
51,931   52,325 -394
5,950   804 5,146
7,168   5,976 1,192
13,998   15,258 -1,260
6,865   5,165 1,700
166,127   190,072 -23,945
29,978   34,000 -4,022
24,339   27,970 -3,631
7,852   10,191 -2,339
169   217 -48
5,071   5,058 13
1,268   1,106 162
3,053   9,875 -6,822
7,713   10,716 -3,003
1,291   1,315 -24
9,145   13,390 -4,245
844   1,152 -308
4,668   2,287 2,381
5,318   10,259 -4,941
3,180   4,778 -1,598
1,043   1,397 -354
4,517   1,814 2,703
500,000   376,203 123,797
10,260   976 9,284
5,114   12,009 -6,895
901   2,007 -1,106
14,747   1,436 13,311
375,000   143,028 231,972
1,346   1,566 -220
6,774   5,629 1,145
430,084   157,111 272,973
2,752   3,000 -248
10,034   10,153 -119
3,484   3,359 125
5,317   4,257 1,060
364,913   223,797 141,116
115,293   70,184 45,109
63,019   34,596 28,423
13,635   14,180 -545
3,079   3,740 -661
3,100   2,447 653
4,001   2,807 1,194
3,395   1,761 1,634
6,306   2,560 3,746
53,460   52,912 548
14,489   13,949 540
9,931   4,091 5,840
11,346   8,757 2,589
7,485   2,976 4,509
759   291 468
10,694   6,570 4,124
2,974   4,682 -1,708
6,590   8,925 -2,335
583   779 -196
2,391   1,919 472
10,191   6,876 3,315
3,379   3,545 -166
6,875   5,127 1,748
7,648   9,099 -1,451
3,613   3,452 161
14,927   12,454 2,473
4,192   3,300 892
6,859   4,826 2,033
9,765   10,193 -428
5,136   5,255 -119
3,472   2,612 860
9,278   4,781 4,497
12,713   7,464 5,249
8,490   4,382 4,108
2,734   2,578 156
3,885   3,196 689
11,941   8,668 3,273
21,644   9,551 12,093
11,567   5,707 5,860
5,361   6,233 -872
7,085   6,860 225
2,203   1,935 268
3,886   2,481 1,405
1,071   617 454
8,109   4,465 3,644
2,078   2,432 -354
4,335   5,060 -725
543   845 -302
4,399   5,904 -1,505
11,306   7,572 3,734
574   672 -98
10,909   8,342 2,567
10,132   13,011 -2,879
1,751   1,826 -75
5,109   5,778 -669
4,211   3,386 825
10,365   13,483 -3,118
15,522   16,925 -1,403
6,002   7,453 -1,451
2,233   2,144 89
4,778   3,219 1,559
781   517 264
8,595   5,264 3,331
8,375   4,695 3,680
15,263   11,158 4,105
6,665   6,397 268
4,941   4,684 257
1,890   1,730 160
12,586   5,218 7,368
17,681   7,102 10,579
11,681   7,666 4,015
3,004   1,956 1,048
7,394   7,254 140
9,243   8,292 951
12,488   6,705 5,783
14,962   13,131 1,831
10,036   4,507 5,529
17,747   15,895 1,852
5,422   8,043 -2,621
3,911   5,024 -1,113
622   734 -112
3,733   4,192 -459
7,416   1,815 5,601
7,256   5,578 1,678
2,864   2,141 723
13,508   11,297 2,211
10,862   12,298 -1,436
9,909   9,915 -6
14,696   9,918 4,778
14,961   11,181 3,780
1,453   732 721
13,289   5,076 8,213
8,283   5,325 2,958
11,832   11,143 689
3,075   2,534 541
5,317   4,274 1,043
9,406   13,128 -3,722
3,711   3,368 343
18,457   8,609 9,848
50,000   46,276 3,724
29,000   28,321 679
50,000   27,447 22,553
38,300   23,738 14,562
47,900   52,366 -4,466
51,361   47,942 3,419
16,639   10,819 5,820
21,000   19,194 1,806
1,927   1,839 88
34,900   6,963 27,937
25,060   20,016 5,044
4,978   3,713 1,265
36,353   26,647 9,706
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
      94,261
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       1,751
b       -4,270
c       5,779
d       4,988
e       -2,846
      354
      -4,743
      -357
      -3,097
      -1,704
      -36
      -769
      -68
      -3,410
      -2,541
      -1,005
      -5,419
      -3,764
      -2,825
      -1,128
      -394
      5,146
      1,192
      -1,260
      1,700
      -23,945
      -4,022
      -3,631
      -2,339
      -48
      13
      162
      -6,822
      -3,003
      -24
      -4,245
      -308
      2,381
      -4,941
      -1,598
      -354
      2,703
      123,797
      9,284
      -6,895
      -1,106
      13,311
      231,972
      -220
      1,145
      272,973
      -248
      -119
      125
      1,060
      141,116
      45,109
      28,423
      -545
      -661
      653
      1,194
      1,634
      3,746
      548
      540
      5,840
      2,589
      4,509
      468
      4,124
      -1,708
      -2,335
      -196
      472
      3,315
      -166
      1,748
      -1,451
      161
      2,473
      892
      2,033
      -428
      -119
      860
      4,497
      5,249
      4,108
      156
      689
      3,273
      12,093
      5,860
      -872
      225
      268
      1,405
      454
      3,644
      -354
      -725
      -302
      -1,505
      3,734
      -98
      2,567
      -2,879
      -75
      -669
      825
      -3,118
      -1,403
      -1,451
      89
      1,559
      264
      3,331
      3,680
      4,105
      268
      257
      160
      7,368
      10,579
      4,015
      1,048
      140
      951
      5,783
      1,831
      5,529
      1,852
      -2,621
      -1,113
      -112
      -459
      5,601
      1,678
      723
      2,211
      -1,436
      -6
      4,778
      3,780
      721
      8,213
      2,958
      689
      541
      1,043
      -3,722
      343
      9,848
      3,724
      679
      22,553
      14,562
      -4,466
      3,419
      5,820
      1,806
      88
      27,937
      5,044
      1,265
      9,706
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 1,129,631
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
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 16,231
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 0
3 Add lines 1 and 2........................... 3 16,231
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 16,231
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 7,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 18,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 25,000
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 8,769
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet8,769 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 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 addressbullet  
    14
    The books are in care ofbulletJANE FRISSELL Telephone no.bullet (206) 359-3137

    Located atbullet1201 THIRD AVENUE SUITE 4900SEATTLEWA ZIP+4bullet981013099
    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
     
    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 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
    POLLY M OLSEN DIRECTOR
    2
    8,004    
    1201 THIRD AVENUE SUITE 4900
    SEATTLE,WA981013099
    MARTHA ASHENFELTER DIRECTOR
    2
    8,004    
    1201 THIRD AVENUE SUITE 4900
    SEATTLE,WA981013099
    COLONEL F BETZ PRESIDENT
    0
    0    
    1201 THIRD AVENUE SUITE 4900
    SEATTLE,WA981013099
    ROBERT S MUCKLESTONE VICE PRESIDENT
    0
    0    
    1201 THIRD AVENUE SUITE 4900
    SEATTLE,WA981013099
    JANE FRISSELL SECRETARY/TREASURER
    2
    0    
    1201 THIRD AVENUE SUITE 4900
    SEATTLE,WA981013099
    CAROLINE A MAILLARD EXECUTIVE DIRECTOR
    32
    100,540    
    1201 THIRD AVENUE SUITE 4900
    SEATTLE,WA981013099
    TED A MARTIN DIRECTOR
    2
    8,004    
    1201 THIRD AVENUE SUITE 4900
    SEATTLE,WA981013099
    OSCAR VERDUZCO DIRECTOR
    2
    1,334    
    1201 THIRD AVENUE SUITE 4900
    SEATTLE,WA981013099
    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 (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
    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 (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
    7,047,535
    b
    Average of monthly cash balances.......................
    1b
    195,787
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,926
    d
    Total (add lines 1a, b, and c).........................
    1d
    7,245,248
    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
    7,245,248
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    108,679
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    7,136,569
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    356,828
    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
    356,828
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    16,231
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    16,231
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    340,597
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    340,597
    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
    340,597
    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
    2,806,164
    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
    2,806,164
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,806,164
    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 7 340,597
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 1,315,305
    b From 2016...... 1,263,850
    c From 2017...... 1,813,392
    d From 2018...... 1,770,541
    e From 2019...... 1,760,444
    fTotal of lines 3a through e........ 7,923,532
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 2,806,164
    a Applied to 2019, 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 2020 distributable amount..... 340,597
    e Remaining amount distributed out of corpus 2,465,567
    5 Excess distributions carryover applied to 2020. 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 10,389,099
    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 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    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) .......
    0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...
    1,315,305
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......
    9,073,794
    10 Analysis of line 9:
    a Excess from 2016.... 1,263,850
    b Excess from 2017.... 1,813,392
    c Excess from 2018.... 1,770,541
    d Excess from 2019.... 1,760,444
    e Excess from 2020.... 2,465,567
    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).)
    NA
    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.
    NA
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    JANE FRISSELL
    1201 THIRD AVENUE SUITE 4900
    SEATTLE,WA981013099
    (206) 359-3137
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATION FORM TO BE PROVIDED BY THE FOUNDATION
    cAny submission deadlines:
    GRANTS ARE AWARDED QUARTERLY AND MUST BE SUBMITTED AT LEAST FOUR WEEKS PRIOR TO MEETINGS
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS ARE AWARDED ONLY TO PUBLIC CHARITIES AND SCHOOL DISTRICTS FOR SPECIFIC PROJECTS LOCATED IN WASHINGTON WHICH ADDRESS THE NEEDS OF LITERACY, BASIC EDUCATION AND DROPOUT PREVENTION
    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
    TEAM READ
    PO BOX 94042
    SEATTLE,WA98124
    NONE PC YEAR-ROUND READING TUTORING 71,500
    KILLER WHALE TALES
    5623 46TH AVENUE SW
    SEATTLE,WA98136
    NONE PC KIDS MAKING A DIFFERENCE 22,000
    YAKIMA VALLEY COMMUNITY FOUNDATION
    111 UNIVERSITY PARKWAY SUITE 102
    YAKIMA,WA98901
    NONE PC YAKIMA VALLEY RESILIENCE 20,000
    TAKE THE NEXT STEP
    202 S SAMS STREET
    MONROE,WA98272
    NONE PC GENERAL OPERATING SUPPORT 31,250
    CITY YEAR INC
    2203 23RD AVENUE S SUITE 101
    SEATTLE,WA98144
    NONE PC GENERAL OPERATING SUPPORT 33,000
    THE WASHINGTON STEM CENTER
    210 S HUDSON STREET
    SEATTLE,WA98134
    NONE PC CAREER PATHWAYS INITIATIVE 60,500
    TECHBRIDGE GIRLS
    1511 8TH AVENUE SW SUITE 304
    BURIEN,WA98166
    NONE PC TEACHBRIDGE GIRLS INSPIRE 54,000
    URBAN NATIVE EDUCATION ALLIANCE (UNEA)
    4727 W RUFFNER STREET
    SEATTLE,WA98119
    NONE PC GENERAL OPERATING SUPPORT 54,500
    BOYS & GIRLS CLUBS OF WASHINGTON STATE
    ASSOCIATION
    PO BOX 1774
    OLYMPIA,WA98507
    NONE PC AIM IN RURAL CLUBS 82,500
    DEGREES OF CHANGE
    PO BOX 1573
    TACOMA,WA98401
    NONE PC READY TO RISE 44,000
    SCHOOL'S OUT WASHINGTON
    801 23RD AVENUE S SUITE A
    SEATTLE,WA98144
    NONE PC FEED YOUR BRAIN EASTERN 68,750
    GRAYS HARBOR YOUTH WORKS
    PO BOX 1786
    OCEAN SHORES,WA98569
    NONE PC CAPACITY BUILDING & GENERAL 41,250
    TINY TREE PRESCHOOL
    900 1ST AVENUE S SUITE 205
    SEATTLE,WA98134
    NONE PC GENERAL OPERATING SUPPORT 43,000
    FOUNDATION FOR ACADEMIC ENDEAVORS
    PO BOX 945
    MOUNT VERNON,WA98273
    NONE PC FAE SUMMER ACADEMY 62,500
    HUMANITIES WASHINGTON
    130 NICKERSON STREET SUITE 304
    SEATTLE,WA98109
    NONE PC PRIME TIME FAMILY READING 44,000
    COMMUNITY FOR YOUTH
    999 THIRD AVENUE SUITE 1080
    SEATTLE,WA98104
    NONE PC INTENSIVE MENTORING FOR 33,000
    COMMUNITIES IN SCHOOLS OF WHATCOM COUNTY
    PO BOX 6071
    BELLINGHAM,WA98227
    NONE PC MT VERNON HIGH SCHOOL 60,000
    SUMMER SEARCH SEATTLE
    635 ANDOVER PARK W BLDG 8 SUITE 2
    TUKWILA,WA98188
    NONE PC SUPPLEMENTAL GRANT 4,500
    ROCHESTER ORGANIZATION OF FAMILIES
    PO BOX 312
    ROCHESTER,WA98579
    NONE PC GENERAL OPERATING SUPPORT 74,500
    PLUS DELTA AFTER SCHOOL STUDIOS DBA THE
    CLUB
    528 W CAMERON STREET
    DAYTON,WA99328
    NONE PC GENERAL OPERATING SUPPORT 31,500
    JEFFERSON COUNTY COMMUNITY FOUNDATION
    201-B W PATISON STREET
    PORT HADLOCK,WA98339
    NONE PC COVID-19 EMERGENCY RESPONSE 20,000
    BOYS & GIRLS CLUB OF KING COUNTY
    603 STEWART STREET SUITE 300
    SEATTLE,WA98101
    NONE PC GENERAL OPERATING SUPPORT 56,000
    UNIVERSITY OF PUGET SOUND
    1500 N WARNER STREET SUITE 1080
    TACOMA,WA984161080
    NONE PC SUMMER ACADEMIC CHALLENGE 33,000
    TACOMA COMMUNITY HOUSE
    1314 SOUTH L STREET
    TACOMA,WA98405
    NONE PC GENERAL OPERATING SUPPORT 33,000
    CHILDREN'S HOME SOCIETY OF WASHINGTON
    1612 PENNY LANE
    WALLA WALLA,WA99362
    NONE PC VALLE LINDO HOMES SUMMER 75,000
    BIG BROTHERS BIG SISTERS OF PUGET SOUND
    1600 S GRAHAM STREET
    SEATTLE,WA98108
    NONE PC GENERAL OPERATING SUPPORT 32,500
    BOYS & GIRLS CLUBS OF SOUTH PUGET SOUND
    3875 S 66TH STREET
    TACOMA,WA98409
    NONE PC SUMMER BOOST 33,000
    MOUNT ADAMS SCHOOL DISTRICT
    PO BOX 578
    WHITE SWAN,WA98952
    NONE PC WHITE SWAN MIDDLE SCHOOL 12,105
    MUSEUM OF FLIGHT FOUNDATION
    9404 E MARGINAL WAY S
    TUKWILA,WA981084807
    NONE PC GENERAL OPERATING SUPPORT 27,500
    SKAGIT VALLEY COLLEGE FOUNDATION
    2405 E COLLEGE WAY
    MOUNT VERNON,WA98273
    NONE PC COHORT LEARNING EARLY 38,000
    COMMUNITY YOUTH SERVICES
    711 STATE AVENUE NE
    OLYMPIA,WA98506
    NONE PC SETUP AND SUPPLEMENTAL 28,750
    WASHINGTON STATE UNIVERSITY FOUNDATION
    PO BOX 641925
    PULLMAN,WA991641925
    NONE PC ESFCOM 7TH-9TH GRADE 8,920
    MANSON SCHOOL DISTRICT #19
    135 S HILL STREET
    MANSON,WA98831
    NONE PC HIGH SCH INTERNSHIP PROG & 70,000
    PORT GAMBLE S'KLALLAM FOUNDATION
    31912 LITTLE BOSTON ROAD NE
    KINGSTON,WA98346
    NONE PC SUPPLEMENTAL GRANT 6,250
    PORT TOWNSEND MARINE SCIENCE SOCIETY
    532 BATTERY WAY
    PORT TOWNSEND,WA98368
    NONE PC GENERAL OPERATING SUPPORT 25,875
    NORTH CASADES INSTITUTE
    810 STATE ROUTE 20
    SEDROWOOLLEY,WA98284
    NONE PC GENERAL OPERATING SUPPORT 57,500
    ALLIANCE FOR EDUCATION
    509 OLIVE WAY SUITE 500
    SEATTLE,WA981012556
    NONE PC RIGHT NOW NEEDS AND SEATTLE 84,000
    CATHOLIC COMMUNITY SERVICES OF WESTERN
    WASHINGTON
    100 23RD AVENUE S
    SEATTLE,WA98144
    NONE PC YOUTH TUTORING PROGRAM AND 49,500
    GARDEN RAISED BOUNTY (GRUB)
    2016 ELLIOTT AVENUE NW
    OLYMPIA,WA98502
    NONE PC GENERAL OPERATING SUPPORT 34,000
    PAGE AHEAD CHILDREN'S LITERACY PROGRAM
    1130 NW 85TH STREET
    SEATTLE,WA98117
    NONE PC SUPPLEMENTAL GRANT 7,500
    COMMUNITIES IN SCHOOLS OF LAKEWOOD
    6402 100TH STREET SW
    LAKEWOOD,WA98499
    NONE PC BUILDING STUDENT SUCCESS 44,000
    THE R MERLE PALMER MINORITY SCHOLARSHIP
    FOUNDATION (DBA PALMER SCHOLARS)
    PO BOX 7119
    TACOMA,WA98417
    NONE PC PALMER LEGACY AND PATHWAYS 66,000
    THE COFFEE OASIS
    837 4TH STREET
    BREMERTON,WA98337
    NONE PC GENERAL OPERATING SUPPORT 42,500
    PEACE COMMUNITY CENTER
    2106 S CUSHMAN AVENUE
    TACOMA,WA98405
    NONE PC MIDDLE AND HIGH SCHOOL 36,000
    READINESS TO LEARN FOUNDATION
    PO BOX 280
    LANGLEY,WA98260
    NONE PC GENERAL OPERATING SUPPORT 51,750
    COMMUNITIES IN SCHOOLS OF SEATTLE
    PO BOX 24872
    SEATTLE,WA98124
    NONE PC SITE COORDINATION 44,000
    NORTHWEST MARITIME CENTER
    431 WATER STREET
    PORT TOWNSEND,WA98368
    NONE PC SUPPLEMENTAL GRANT 4,500
    COMMUNITIES IN SCHOOLS OF PENINSULA
    PO BOX 684
    VAUGHN,WA98394
    NONE PC PATHWAYS TO SUCCESS 55,000
    COLLEGE SUCCESS FOUNDATION
    15500 SE 30TH PLACE SUITE 200
    BELLEVUE,WA98007
    NONE PC GENERAL OPERATING SUPPORT 50,000
    ARTS CORPS
    4408 DELRIDGE WAY SW SUITE 110
    SEATTLE,WA98106
    NONE PC GENERAL OPERATING SUPPORT 45,000
    FRIENDS OF THE CHILDREN SEATTLE
    PO BOX 18886
    SEATTLE,WA98118
    NONE PC TEEN MENTORING PROGRAM 82,500
    BOYS & GIRLS CLUBS OF THURSTON COUNTY
    2424 HERITAGE COURT SW 301
    OLYMPIA,WA98502
    NONE PC SUPPLEMENTAL GRANT 11,250
    COMMUNITIES IN SCHOOLS OF TACOMA
    PO BOX 116646
    TACOMA,WA98405
    NONE PC READY SET READ TACOMA 35,000
    EAST AFRICAN COMMUNITY SERVICES
    7050 32ND AVENUE S
    SEATTLE,WA98118
    NONE PC GENERAL OPERATING SUPPORT 79,000
    MABTON SCHOOL DISTRICT
    306 N MAIN STREET
    MABTON,WA98935
    NONE PC LINK CREW AND OTHER STUDENT 12,550
    NATURE BRIDGE
    133 FORT CRONKHITE
    SAUSALITO,CA94965
    NONE PC ENVIRONMENTAL SCIENCE 63,000
    UNIVERSITY OF WASHINGTON FOUNDATION
    4333 BROOKLYN AVENUE NE BOX 359505
    SEATTLE,WA98195
    NONE PC PIPELINE PROJECT RURAL K12 107,643
    JUMPING MOUSE CHILDREN'S CENTER
    1809 SHERIDAN STREET
    PORT TOWNSEND,WA98368
    NONE PC GENERAL OPERATING SUPPORT 50,000
    IMAGINE CHILDREN'S MUSEUM
    1502 WALL STREET
    EVERETT,WA98201
    NONE PC LITTLE SCIENCE LAB 27,025
    COMMUNITIES IN SCHOOLS OF FEDERAL WAY
    PO BOX 3317
    FEDERAL WAY,WA98003
    NONE PC GENERAL OPERATING SUPPORT 55,000
    Total .................................bullet 3a 2,630,368
    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 ...........
        14 826  
    4 Dividends and interest from securities....     14 101,494  
    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 1,129,631  
    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)..   1,231,951  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,231,951
    (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
    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
    2020
    Name of the organization
    DISCUREN FOUNDATION
     
    Employer identification number

    20-2046554
    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) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    DISCUREN FOUNDATION
     
    Employer identification number
    20-2046554
    Part I
    Contributors
    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
    BLUE HERON TRUST OF 2004
    1201 THIRD AVENUE SUITE 4900
     
    SEATTLE, WA981013099

    $ 1,997,512


    (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) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    DISCUREN FOUNDATION
     
    Employer identification number

    20-2046554
    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
    1
    (1) 8,577.349 SHARES BROWN CAPITAL MGMT SMALL COMPANY FUND (2) 67,495.495 SHARES HARDING LOEVNER INT $ 1,997,512 2020-03-27
    (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) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    DISCUREN FOUNDATION
     
    Employer identification number

    20-2046554
    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) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    DISCUREN FOUNDATION
    EIN:
    20-2046554
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX RETURN PREPARATION FEES 6,990 6,291   699

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    DISCUREN FOUNDATION
    EIN:
    20-2046554
    Name of Stock End of Year Book Value End of Year Fair Market Value
    WOODWARD INC    
    SYKES ENTERPRISES    
    SILGAN HOLDINGS INC    
    INTEGRA LIFESCXIENSES HLDGS CO    
    EURONET WORLDWIDE INC    
    REGAL BELOIT CORPORATION    
    WEST PHARMACEUTICALS SERVICES    
    EATON CORP PLC 9,570 32,558
    A T & T INC 19,641 28,789
    ABBVIE INC 10,292 40,074
    AIR PRODUCTS & CHEMICALS INC    
    AMERICAN TOWER INC 12,204 40,403
    APPLE INC 19,697 145,428
    BLACKROCK INC 11,152 50,508
    C V S HEALTH CORP 20,480 30,803
    CHUBB LIMITED    
    CISCO SYSTEMS INC 11,578 37,008
    COMCAST CORP 7,828 50,985
    DANAHER CORP 9,582 106,183
    HOME DEPOT INC 18,463 61,358
    INTEL CORP 32,972 62,026
    INTERNATIONAL BUSINESS MACHINE 15,628 41,415
    METLIFE INC 30,672 39,954
    MICROSOFT CORP 14,191 123,443
    MONDELEZ INTERNATIONAL INC 12,866 32,568
    NOVARTIS AG 22,870 45,799
    ORACLE CORP 9,960 51,299
    PEPSICO INC 19,529 49,087
    PIPER JAFFRAY COS    
    PROCTER & GAMBLE CO 26,421 64,978
    QUALCOMM INC 21,143 93,841
    SCHWAB CHARLES CORP 8,628 40,523
    STRYKER CORP 10,571 60,280
    TRUIST FINANCIAL CORPORATION    
    UNITED PARCEL SERVICE INC 17,894 50,688
    UNITEDHEALTH GROUP INC 8,056 62,421
    VF CORPORATION 4,701 33,395
    P N C FINANCIAL SERVICES GROUP 23,394 56,620
    MEDTRONIC PLC 34,259 54,353
    ECOLAB INC 19,702 36,998
    PAYPAL HOLDINGS INC 13,360 102,345
    3M CO    
    VISA INC 19,930 60,369
    ESCO TECHNOLOGIES INC    
    PROS HOLDINGS INC    
    WASTE MANAGEMENT INC    
    ENERSYS    
    FIRST FOUNDATION INC    
    PERFICIENT INC    
    DISNEY WALT CO 12,914 78,994
    LIVANOVA PLC    
    AMERIS BANCORP    
    BANC OF CALIFORNIA INC    
    CADENCE BANCORPORATION    
    COLUMBUS MCKINNON CORPORATION    
    FIRST BANCORP    
    I C U MEDICAL INC    
    LUMENTUM HOLDINGS INC    
    NEENAH PAPER INC    
    REATA PHARMACEUTICALS INC    
    T T M TECHNOLOGIES INC    
    W N S (HOLDINGS) LTD    
    STARBUCKS CORP 33,073 62,262
    ADVANCED ENERGY INDUSTRIES    
    ANGIODYNAMICS INC    
    APOGEE ENTERPRISES INC    
    BIOTELEMETRY INC    
    CHILDREN'S PLACE INC    
    E L F BEAUTY INC    
    EXTENDED STAY AMERICA INC    
    FIREEYE INC    
    HALOZYME THERAPEUTICS INC    
    INDEPENDENT BANK GROUP INC    
    JOHN BEAN TECHNOLOGIES INC    
    KURA ONCOLOGY INC    
    LOGMEIN INC    
    OMNICELL TECHNOLOGIES COMPANY    
    QCR HOLDINGS INC    
    A M N HEALTHCARE SVCS    
    ACCELERON PHARMA INC    
    CALIFORNIA WATER SERVICE GROUP    
    HARBORZONE BANCORP INCORPORATE    
    HARSCO CORPORATION    
    INFINERA CORPORATION    
    S J W HOLDINGS INC    
    W S F S FINANCIAL CORPORATION    
    ROUNDING ADJUSTMENT   2
    ACCENTURE PLC 34,451 40,226
    PFIZER INC 32,114 33,387

    TY 2020 InvestmentsOtherSchedule2
    Name:
    DISCUREN FOUNDATION
    EIN:
    20-2046554
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    PIMCO LOW DURATION ESG FUND AT COST 508,739 516,512
    TIAA-CREF IMPACT BOND FUND AT COST 863,260 872,308
    VANGUARD GNMA FUND AT COST 213,614 220,837
    BROWN CAPITAL MGMT SMALL CO FU AT COST 279,056 604,669
    DOMINI IMPACT INTL EQUITY FUND AT COST 178,679 191,454
    FIRST EAGLE OVERSEAS FUND      
    FIRST TRUST GLOBAL WIND ENERGY AT COST 45,803 99,491
    ISHARES GOLD TRUST AT COST 255,944 372,354
    JPMORGAN EMERGING MARKETS EQUI AT COST 226,344 387,529
    M F S INTERNATIONAL VALUE FUND AT COST 473,632 726,831
    SPDR S&P BIOTECH ETF AT COST 10,351 78,978
    UTILITIES SELECT SECTOR SPDR E AT COST 16,369 40,316
    VANGUARD FTSE SOCIAL INDEX FUN AT COST 170,071 231,355
    LAZARD GLOBAL INFRASTRUCTURE P AT COST 363,521 355,024
    HARDING LOEVNER INTL EQUITY PO AT COST 302,369 582,598

    TY 2020 LegalFeesSchedule
    Name:
    DISCUREN FOUNDATION
    EIN:
    20-2046554
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 56,392 5,639   50,753


    TY 2020 OtherAssetsSchedule
    Name:
    DISCUREN FOUNDATION
    EIN:
    20-2046554
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    INCOME RECEIPT IN FOLLOWING YR 338 1,926 1,926


    TY 2020 OtherExpensesSchedule
    Name:
    DISCUREN FOUNDATION
    EIN:
    20-2046554
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT AGENCY FEES 33,111 29,800   3,311
    INVESTMENT MANAGEMENT FEES 4,927 4,927   0
    PAYROLL SERVICE FEES 595 60   535
    FEDERAL EXCISE TAX REFUND -7,512 0   0


    TY 2020 OtherIncreasesSchedule
    Name:
    DISCUREN FOUNDATION
    EIN:
    20-2046554
    Description Amount
    ROUNDING ADJUSTMENTS 2


    TY 2020 TaxesSchedule
    Name:
    DISCUREN FOUNDATION
    EIN:
    20-2046554
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN INCOME TAX PAID 4,179 4,179   0