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
BIELLA FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)22232 17TH AVE SE NO 305
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BOTHELL, WA98021
A Employer identification number

91-1428508
B Telephone number (see instructions)

(425) 829-1311
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$71,375,002J Accounting method:
MODIFIED CASH
(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 184,164 170,308  
4 Dividends and interest from securities... 628,961 670,745  
5a Gross rents............ 1,353,927 1,240,544  
b Net rental income or (loss) 738,454
6a Net gain or (loss) from sale of assets not on line 10 1,523,620
b Gross sales price for all assets on line 6a 22,981,340
7 Capital gain net income (from Part IV, line 2)... 1,557,460
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)....... Click to see attachment 1,033 51,267  
12 Total. Add lines 1 through 11........ 3,691,705 3,690,324  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 232,685 65,404   167,281
14 Other employee salaries and wages...... 165,515 0   165,515
15 Pension plans, employee benefits....... 108,996 10,060   98,936
16a Legal fees (attach schedule)......... Click to see attachment 5,026 5,026   0
b Accounting fees (attach schedule)....... Click to see attachment 43,186 4,016   36,145
c Other professional fees (attach schedule).... Click to see attachment 471,532 358,684   12,945
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 126,088 134,526   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 128,733 124,885  
20 Occupancy.............. 274,113 225,543   48,570
21 Travel, conferences, and meetings.......        
22 Printing and publications.......... 870 0   870
23 Other expenses (attach schedule)....... Click to see list of attachments 135,689 121,488   39,046
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,692,433 1,049,632   569,308
25 Contributions, gifts, grants paid....... 3,688,512 3,688,512
26 Total expenses and disbursements. Add lines 24 and 25 5,380,945 1,049,632   4,257,820
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,689,240
b Net investment income (if negative, enter -0-) 2,640,692
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............. 56,047 67,114 67,114
2 Savings and temporary cash investments......... 4,614,466 3,621,036 3,621,036
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)      
b Investments—corporate stock (attach schedule)....... 34,890,587 Click to see attachment43,606,810 43,606,810
c Investments—corporate bonds (attach schedule)....... 8,897,936 Click to see attachment6,298,033 6,298,033
11 Investments—land, buildings, and equipment: basis bullet6,000,285
Less: accumulated depreciation (attach schedule) bullet1,730,556 4,443,566 Click to see attachment4,269,729 12,206,414
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 4,893,704 Click to see attachment5,569,221 5,569,221
14 Land, buildings, and equipment: basis bullet31,233
Less: accumulated depreciation (attach schedule) bullet24,859 10,222 Click to see attachment6,374 6,374
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 57,806,528 63,438,317 71,375,002
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) Click to see attachment34,893 Click to see attachment37,051
23 Total liabilities (add lines 17 through 22)......... 34,893 37,051
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........ 80,000 80,000
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 57,691,635 63,321,266
29 Total net assets or fund balances (see instructions)..... 57,771,635 63,401,266
30 Total liabilities and net assets/fund balances (see instructions). 57,806,528 63,438,317
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
57,771,635
2
Enter amount from Part I, line 27a .....................
2
-1,689,240
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
7,318,871
4
Add lines 1, 2, and 3 ..........................
4
63,401,266
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
63,401,266
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 PUBLICLY TRADED SECURITIES      
b CENTERSQUARE VALUE ADDED FUND III P    
c CERES FARMS LLC P    
d FUGIO PRIVATE EQUITY FUND IX LP P    
e CAPITAL GAINS DIVIDENDS P    
BRIDGEWATER PRIVATE INVESTORS 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 22,761,051   21,474,525 1,286,526
b 9,319     9,319
c 4,080     4,080
d 40,246     40,246
e 217,198     217,198
3,091   3,000 91
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       1,286,526
b       9,319
c       4,080
d       40,246
e       217,198
      91
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 1,557,460
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 36,706
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 36,706
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 36,706
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 47,921
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 10,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 57,921
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 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 21,215
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet21,215 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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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 ofbulletJAMES R WOLFE Telephone no.bullet (425) 829-1311

    Located atbullet22232 17TH AVE SE SUITE 305BOTHELLWA ZIP+4bullet98021
    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
    JAMES R WOLFE PRESIDENT
    30.00     		116,993 6,631 0
    22232 17TH AVE SE SUITE 305
    BOTHELL,WA98021
    VERNE JAY TODD VP & TREASURER
    20.00     		72,312 16,804 0
    22232 17TH AVE SE SUITE 305
    BOTHELL,WA98021
    RAYMOND CURRY SECRETARY
    15.00     		43,380 15,357 0
    22232 17TH AVE SE SUITE 305
    BOTHELL,WA98021
    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
    JOAN WOLFE BUSINESS AND GRANTS
    40.00     		121,267 10,620 0
    22232 17TH AVE SE SUITE 305
    BOTHELL,WA98021
    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
    BNY MELLON INVESTMENT MANAGEMENT 167,421
    1201 THIRD AVENUE 5010
    SEATTLE,WA98101
    MORGAN STANLEY INVESTMENT MANAGEMENT 120,783
    225 108TH AVENUE NE 800
    BELLEVUE,WA98004
    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.........................bullet0
    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
    43,716,590
    b
    Average of monthly cash balances.......................
    1b
    4,225,068
    c
    Fair market value of all other assets (see instructions)................
    1c
    17,259,023
    d
    Total (add lines 1a, b, and c).........................
    1d
    65,200,681
    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
    65,200,681
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    978,010
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    64,222,671
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    3,211,134
    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
    3,211,134
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    36,706
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
    898
    c
    Add lines 2a and 2b............................
    2c
    37,604
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,173,530
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    3,173,530
    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
    3,173,530
    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
    4,257,820
    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
     
    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
    4,257,820
    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
    4,257,820
    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 3,173,530
    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......  
    b From 2016......  
    c From 2017......  
    d From 2018...... 35,709
    e From 2019...... 771,845
    fTotal of lines 3a through e........ 807,554
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 4,257,820
    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..... 3,173,530
    e Remaining amount distributed out of corpus 1,084,290
    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 1,891,844
    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) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		1,891,844
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018.... 35,709
    d Excess from 2019.... 771,845
    e Excess from 2020.... 1,084,290
    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
    ABUNDANT LIFE
    13805 SMOKEY PT BLVD 102
    MARYSVILLE,WA98270     		  PC HUMAN SERVICES 5,000
    ACRES OF DIAMONDS
    PO BOX 1672
    DUVALL,WA98019     		  PC HUMAN SERVICES 30,000
    ACRES OF DIAMONDS
    PO BOX 1672
    DUVALL,WA98019     		  PC HUMAN SERVICES 15,000
    ACRES OF DIAMONDS
    PO BOX 1672
    DUVALL,WA98019     		  PC HUMAN SERVICES 30,000
    ACRES OF DIAMONDS
    PO BOX 1672
    DUVALL,WA98019     		  PC HUMAN SERVICES 5,000
    ACRES OF DIAMONDS
    PO BOX 1672
    DUVALL,WA98019     		  PC HUMAN SERVICES 3,000
    AMERICAN RED CROSSNW REGION
    1900 25TH AVE S
    SEATTLE,WA98144     		  PC DISASTER RELIEF 10,000
    ANACORTES FAMILY CENTER
    2702 COMMERCIAL AVENUE
    ANACORTES,WA982212734     		  PC HUMAN SERVICES 6,000
    ANACORTES FAMILY CENTER
    2702 COMMERCIAL AVENUE
    ANACORTES,WA982212734     		  PC HUMAN SERVICES 5,000
    ANACORTES FAMILY CENTER
    2702 COMMERCIAL AVENUE
    ANACORTES,WA982212734     		  PC HUMAN SERVICES 6,000
    ANACORTES FAMILY CENTER
    2702 COMMERCIAL AVENUE
    ANACORTES,WA982212734     		  PC HUMAN SERVICES 3,000
    BETHANY PRESBYTERIAN CHURCH
    3 HOWE STREET
    SEATTLE,WA98109     		  PC HUMAN SERVICES 6,000
    BETHANY PRESBYTERIAN CHURCH
    3 HOWE STREET
    SEATTLE,WA98109     		  PC HUMAN SERVICES 6,000
    BETHANY PRESBYTERIAN CHURCH
    3 HOWE STREET
    SEATTLE,WA98109     		  PC HUMAN SERVICES 2,000
    BRIDGE DISABILITIES MINISTRIES
    12356 NORTHUP WAY SUITE 103
    BELLEVUE,WA980051956     		  PC TARGETED GROUPS SERVICES 5,000
    BRIDGE DISABILITIES MINISTRIES
    12356 NORTHUP WAY SUITE 103
    BELLEVUE,WA980051956     		  PC TARGETED GROUPS SERVICES 30,000
    BRIDGE DISABILITIES MINISTRIES
    12356 NORTHUP WAY SUITE 103
    BELLEVUE,WA980051956     		  PC TARGETED GROUPS SERVICES 5,000
    BRIDGE DISABILITIES MINISTRIES
    12356 NORTHUP WAY SUITE 103
    BELLEVUE,WA980051956     		  PC TARGETED GROUPS SERVICES 30,000
    BRIDGE DISABILITIES MINISTRIES
    12356 NORTHUP WAY SUITE 103
    BELLEVUE,WA980051956     		  PC TARGETED GROUPS SERVICES 5,000
    BRIDGE DISABILITIES MINISTRIES
    12356 NORTHUP WAY SUITE 103
    BELLEVUE,WA980051956     		  PC TARGETED GROUPS SERVICES 3,000
    BUILDING CHANGES
    1200 12TH AVENUE SOUTH SUITE 1200
    SEATTLE,WA98144     		  PC HUMAN SERVICES 15,000
    CENTRAL WASHINGTON UNIVERSITY
    BARGE HALL 115B 400 EAST UNIVERSITY
    WAY
    ELLENSBURG,WA98926     		  PC EDUCATION 42,000
    CHIEF SEATTLE CLUB
    410 SECOND AVE EXT SOUTH
    SEAATLE,WA98104     		  PC TARGETED GROUPS SERVICES 5,000
    CHIEF SEATTLE CLUB
    410 SECOND AVE EXT SOUTH
    SEAATLE,WA98104     		  PC TARGETED GROUPS SERVICES 2,500
    CHILDREN'S HOME SOCIETY OF WASHINGTON
    PO BOX 15190
    SEATTLE,WA98115     		  PC TARGETED GROUPS SERVICES 25,000
    COMPASS HOUSING ALLIANCE
    210 ALASKAN WAY
    SEATTLE,WA98104     		  PC HUMAN SERVICES 30,000
    COMPASS HOUSING ALLIANCE
    210 ALASKAN WAY
    SEATTLE,WA98104     		  PC HUMAN SERVICES 30,000
    COMPASS HOUSING ALLIANCE
    210 ALASKAN WAY
    SEATTLE,WA98104     		  PC HUMAN SERVICES 3,000
    CONGREGATIONS FOR THE HOMELESS
    515 116TH AVE NE STE 150
    BELLEVUE,WA98004     		  PC HUMAN SERVICES 5,000
    CONGREGATIONS FOR THE HOMELESS
    515 116TH AVE NE STE 150
    BELLEVUE,WA98004     		  PC HUMAN SERVICES 2,512
    CONVOY OF HOPE
    330 S PATTERSON AVENUE
    SPRINGFIELD,MO65802     		  PC DISASTER RELIEF 10,000
    CONVOY OF HOPE
    330 S PATTERSON AVENUE
    SPRINGFIELD,MO65802     		  PC DISASTER RELIEF 10,000
    CONVOY OF HOPE
    330 S PATTERSON AVENUE
    SPRINGFIELD,MO65802     		  PC DISASTER RELIEF 10,000
    CONVOY OF HOPE
    330 S PATTERSON AVENUE
    SPRINGFIELD,MO65802     		  PC DISASTER RELIEF 20,000
    CONVOY OF HOPE
    330 S PATTERSON AVENUE
    SPRINGFIELD,MO65802     		  PC DISASTER RELIEF 20,000
    CRISTA MINISTRIES
    19303 FREMONT AVE N MS 15
    SHORELINE,WA98133     		  PC TARGETED GROUPS SERVICES 30,000
    CRISTA MINISTRIES
    19303 FREMONT AVE N MS 15
    SHORELINE,WA98133     		  PC TARGETED GROUPS SERVICES 4,000
    DIRECT RELIEF
    6100 WALLACE BECKNELL ROAD
    SANTA BARBARA,CA93117     		  PC DISASTER RELIEF 10,000
    DIRECT RELIEF
    6100 WALLACE BECKNELL ROAD
    SANTA BARBARA,CA93117     		  PC DISASTER RELIEF 5,000
    EASTERN WASHINGTON UNIVERSITY FOUNDATION
    102 HARGREAVES HALL
    CHENEY,WA990042413     		  PC EDUCATION 42,000
    EDGE FOUNDATION
    2017 FAIRVIEW AVE E SUITE I
    SEATTLE,WA98102     		  PC EDUCATION 20,000
    EVERYONE FOR VETERANS
    PO BOX 1081
    ISSAQUAH,WA98027     		  PC TARGETED GROUPS SERVICES 20,000
    FINGER LAKES AREA COMMUNITY ENDOWMENT
    1150 PITTSFORD-VICTOR ROAD
    PITTSFORD,NY14535     		  PC EDUCATION 2,000
    FOOD FOR THE HUNGRY
    1224 E WASHINGTON STREET
    PHOENIX,AZ85034     		  PC DISASTER RELIEF 30,000
    FOOD FOR THE HUNGRY
    1224 E WASHINGTON STREET
    PHOENIX,AZ85034     		  PC DISASTER RELIEF 20,000
    FOOD FOR THE HUNGRY
    1224 E WASHINGTON STREET
    PHOENIX,AZ85034     		  PC DISASTER RELIEF 30,000
    FOOD LIFELINE
    815 S 96TH STREET
    SEATTLE,WA981084934     		  PC HUMAN SERVICES 30,000
    FOOD LIFELINE
    815 S 96TH STREET
    SEATTLE,WA981084934     		  PC HUMAN SERVICES 10,000
    GETHSEMANE LUTHERAN CHURCH
    911 STEWART STREET
    SEATTLE,WA981011492     		  PC HUMAN SERVICES 6,000
    GETHSEMANE LUTHERAN CHURCH
    911 STEWART STREET
    SEATTLE,WA981011492     		  PC HUMAN SERVICES 6,000
    GETHSEMANE LUTHERAN CHURCH
    911 STEWART STREET
    SEATTLE,WA981011492     		  PC HUMAN SERVICES 2,000
    HEARTBEAT SERVING WOUNDED WARRIORS
    PO BOX 610
    ONALASKA,WA98570     		  PC TARGETED GROUPS SERVICES 12,000
    HEARTBEAT SERVING WOUNDED WARRIORS
    PO BOX 610
    ONALASKA,WA98570     		  PC TARGETED GROUPS SERVICES 12,000
    HEARTBEAT SERVING WOUNDED WARRIORS
    PO BOX 610
    ONALASKA,WA98570     		  PC TARGETED GROUPS SERVICES 10,000
    HERO HOUSE NORTHWEST
    PO BOX 81164
    SEATTLE,WA98108     		  PC TARGETED GROUPS SERVICES 2,000
    HERO HOUSE NORTHWEST
    PO BOX 81164
    SEATTLE,WA98108     		  PC TARGETED GROUPS SERVICES 5,000
    HOPE IN HAITI
    PO BOX 26
    MONROE,WA98272     		  PC EDUCATION 10,000
    HOPE IN HAITI
    PO BOX 26
    MONROE,WA98272     		  PC EDUCATION 10,000
    HOPELINK
    10675 WILLOWS ROAD NE SUITE 275
    REDMOND,WA98052     		  PC HUMAN SERVICES 30,000
    HOPELINK
    10675 WILLOWS ROAD NE SUITE 275
    REDMOND,WA98052     		  PC HUMAN SERVICES 15,000
    HOPELINK
    10675 WILLOWS ROAD NE SUITE 275
    REDMOND,WA98052     		  PC HUMAN SERVICES 30,000
    HOPELINK
    10675 WILLOWS ROAD NE SUITE 275
    REDMOND,WA98052     		  PC HUMAN SERVICES 5,000
    HOPELINK
    10675 WILLOWS ROAD NE SUITE 275
    REDMOND,WA98052     		  PC HUMAN SERVICES 5,000
    HOPELINK
    10675 WILLOWS ROAD NE SUITE 275
    REDMOND,WA98052     		  PC HUMAN SERVICES 3,000
    KINDERING CENTER
    16120 NE 8TH STREET
    BELLEVUE,WA98008     		  PC TARGETED GROUPS SERVICES 30,000
    KINDERING CENTER
    16120 NE 8TH STREET
    BELLEVUE,WA98008     		  PC TARGETED GROUPS SERVICES 5,000
    KINDERING CENTER
    16120 NE 8TH STREET
    BELLEVUE,WA98008     		  PC TARGETED GROUPS SERVICES 30,000
    KINDERING CENTER
    16120 NE 8TH STREET
    BELLEVUE,WA98008     		  PC TARGETED GROUPS SERVICES 5,000
    KINDERING CENTER
    16120 NE 8TH STREET
    BELLEVUE,WA98008     		  PC TARGETED GROUPS SERVICES 3,000
    KING COUNTY SEXUAL ASSAULT RESOURCE CTR
    PO BOX 300
    RENTON,WA98057     		  PC TARGETED GROUPS SERVICES 5,000
    LAKE WASHINGTON UNITED METHODIST CHURCH
    7525 132ND AVE NE
    KIRKLAND,WA98033     		  PC HUMAN SERVICES 6,000
    LAKE WASHINGTON UNITED METHODIST CHURCH
    7525 132ND AVE NE
    KIRKLAND,WA98033     		  PC HUMAN SERVICES 6,000
    LAKE WASHINGTON UNITED METHODIST CHURCH
    7525 132ND AVE NE
    KIRKLAND,WA98033     		  PC HUMAN SERVICES 4,000
    LIBERTY ROAD FOUNDATION
    16625 REDMOND WAY STEM323
    REDMOND,WA98052     		  PC HUMAN SERVICES 10,000
    LIBERTY ROAD FOUNDATION
    16625 REDMOND WAY STEM323
    REDMOND,WA98052     		  PC HUMAN SERVICES 12,500
    LIFEWIRE
    PO BOX 6398
    BELLEVUE,WA98008     		  PC TARGETED GROUPS SERVICES 15,000
    LITTLE BIT THERAPEUTIC RIDING CENTER
    18675 NE 106TH STREET
    REDMOND,WA98052     		  PC TARGETED GROUPS SERVICES 5,000
    LOVE INC
    PO BOX 2057
    MOUNT VERNON,WA98273     		  PC HUMAN SERVICES 6,000
    LOVE INC
    PO BOX 2057
    MOUNT VERNON,WA98273     		  PC HUMAN SERVICES 6,000
    MARY'S PLACE
    PO BOX 1711
    SEATTLE,WA98111     		  PC HUMAN SERVICES 30,000
    MARY'S PLACE
    PO BOX 1711
    SEATTLE,WA98111     		  PC HUMAN SERVICES 5,000
    MARY'S PLACE
    PO BOX 1711
    SEATTLE,WA98111     		  PC HUMAN SERVICES 5,000
    MARY'S PLACE
    PO BOX 1711
    SEATTLE,WA98111     		  PC HUMAN SERVICES 30,000
    MARY'S PLACE
    PO BOX 1711
    SEATTLE,WA98111     		  PC HUMAN SERVICES 3,000
    MARY'S PLACE
    PO BOX 1711
    SEATTLE,WA98111     		  PC HUMAN SERVICES 50,000
    MY CHOICES
    PO BOX 39
    PORT ANGELES,WA98362     		  PC TARGETED GROUPS SERVICES 5,000
    NEW HORIZONS MINISTRIES
    2709 3RD AVE
    SEATTLE,WA98121     		  PC TARGETED GROUPS SERVICES 30,000
    NEW HORIZONS MINISTRIES
    2709 3RD AVE
    SEATTLE,WA98121     		  PC TARGETED GROUPS SERVICES 20,000
    NEW HORIZONS MINISTRIES
    2709 3RD AVE
    SEATTLE,WA98121     		  PC TARGETED GROUPS SERVICES 5,000
    NEW HORIZONS MINISTRIES
    2709 3RD AVE
    SEATTLE,WA98121     		  PC TARGETED GROUPS SERVICES 5,000
    NEW HORIZONS MINISTRIES
    2709 3RD AVE
    SEATTLE,WA98121     		  PC TARGETED GROUPS SERVICES 30,000
    NEW HORIZONS MINISTRIES
    2709 3RD AVE
    SEATTLE,WA98121     		  PC TARGETED GROUPS SERVICES 3,000
    NEXT STEP PREGNANCY SERVICES
    19526 64TH AVE W
    LYNNWOOD,WA98036     		  PC TARGETED GROUPS SERVICES 6,000
    NEXT STEP PREGNANCY SERVICES
    19526 64TH AVE W
    LYNNWOOD,WA98036     		  PC TARGETED GROUPS SERVICES 2,500
    NEXT STEP PREGNANCY SERVICES
    19526 64TH AVE W
    LYNNWOOD,WA98036     		  PC TARGETED GROUPS SERVICES 6,000
    NEXT STEP PREGNANCY SERVICES
    19526 64TH AVE W
    LYNNWOOD,WA98036     		  PC TARGETED GROUPS SERVICES 1,000
    NORTHWEST HARVEST
    PO BOX 12272
    SEATTLE,WA98102     		  PC HUMAN SERVICES 30,000
    NORTHWEST HARVEST
    PO BOX 12272
    SEATTLE,WA98102     		  PC HUMAN SERVICES 10,000
    OPEN DOORS USA
    PO BOX 27001
    SANTA ANA,CA92799     		  PC DISASTER RELIEF 20,000
    OPERATION NIGHTWATCH
    PO BOX 21181
    SEATTLE,WA98111     		  PC HUMAN SERVICES 27,000
    OPERATION NIGHTWATCH
    PO BOX 21181
    SEATTLE,WA98111     		  PC HUMAN SERVICES 27,000
    OPERATION NIGHTWATCH
    PO BOX 21181
    SEATTLE,WA98111     		  PC HUMAN SERVICES 5,000
    OPERATION NIGHTWATCH
    PO BOX 21181
    SEATTLE,WA98111     		  PC HUMAN SERVICES 3,000
    OPERATION WARD 57
    PO BOX 80055
    SEATTLE,WA98108     		  PC TARGETED GROUPS SERVICES 6,000
    OPERATION WARD 57
    PO BOX 80055
    SEATTLE,WA98108     		  PC TARGETED GROUPS SERVICES 5,000
    OPERATION WARD 57
    PO BOX 80055
    SEATTLE,WA98108     		  PC TARGETED GROUPS SERVICES 6,000
    OPERATION WARD 57
    PO BOX 80055
    SEATTLE,WA98108     		  PC TARGETED GROUPS SERVICES 3,000
    PLYMOUTH HOUSING GROUP
    2113 THIRD AVENUE
    SEATTLE,WA981212321     		  PC HUMAN SERVICES 20,000
    PLYMOUTH HOUSING GROUP
    2113 THIRD AVENUE
    SEATTLE,WA981212321     		  PC HUMAN SERVICES 5,000
    PLYMOUTH HOUSING GROUP
    2113 THIRD AVENUE
    SEATTLE,WA981212321     		  PC HUMAN SERVICES 60,000
    PLYMOUTH HOUSING GROUP
    2113 THIRD AVENUE
    SEATTLE,WA981212321     		  PC HUMAN SERVICES 25,000
    PLYMOUTH HOUSING GROUP
    2113 THIRD AVENUE
    SEATTLE,WA981212321     		  PC HUMAN SERVICES 3,000
    PRISON FELLOWSHIP MINISTRIES
    44180 RIVERSIDE PARKWAY
    LANSDOWNE,VA20176     		  PC TARGETED GROUPS SERVICES 30,000
    PRISON FELLOWSHIP MINISTRIES
    44180 RIVERSIDE PARKWAY
    LANSDOWNE,VA20176     		  PC TARGETED GROUPS SERVICES 30,000
    PRISON FELLOWSHIP MINISTRIES
    44180 RIVERSIDE PARKWAY
    LANSDOWNE,VA20176     		  PC TARGETED GROUPS SERVICES 5,000
    PROVIDENCE GENERAL FOUNDATION
    916 PACIFIC AVE STE S1-016
    EVERETT,WA98201     		  PC HUMAN SERVICES 10,000
    QUEEN ANNE PRESBYTERIAN CHURCH
    414 W HOWE STREET
    SEATTLE,WA98119     		  PC HUMAN SERVICES 6,000
    QUEEN ANNE PRESBYTERIAN CHURCH
    414 W HOWE STREET
    SEATTLE,WA98119     		  PC HUMAN SERVICES 6,000
    QUEEN ANNE PRESBYTERIAN CHURCH
    414 W HOWE STREET
    SEATTLE,WA98119     		  PC HUMAN SERVICES 2,000
    RAINIER VALLEY LEADERSHIP ACADEMY
    6020 RAINIER AVE S
    SEATTLE,WA98118     		  PC EDUCATION 10,000
    RECOVERY CAFE
    2022 BOREN AVENUE
    SEATTLE,WA98121     		  PC HUMAN SERVICES 30,000
    RECOVERY CAFE
    2022 BOREN AVENUE
    SEATTLE,WA98121     		  PC HUMAN SERVICES 5,000
    RECOVERY CAFE
    2022 BOREN AVENUE
    SEATTLE,WA98121     		  PC HUMAN SERVICES 30,000
    RECOVERY CAFE
    2022 BOREN AVENUE
    SEATTLE,WA98121     		  PC HUMAN SERVICES 5,000
    RECOVERY CAFE
    2022 BOREN AVENUE
    SEATTLE,WA98121     		  PC HUMAN SERVICES 3,000
    REST
    4215 RAINIER AVE S STE B
    SEATTLE,WA98118     		  PC TARGETED GROUPS SERVICES 24,000
    REST
    4215 RAINIER AVE S STE B
    SEATTLE,WA98118     		  PC TARGETED GROUPS SERVICES 24,000
    REST
    4215 RAINIER AVE S STE B
    SEATTLE,WA98118     		  PC TARGETED GROUPS SERVICES 5,000
    REST
    4215 RAINIER AVE S STE B
    SEATTLE,WA98118     		  PC TARGETED GROUPS SERVICES 3,000
    SALVATION ARMY
    111 QUEEN ANNE AVE N SUITE 300
    SEATTLE,WA98109     		  PC DISASTER RELIEF 20,000
    SALVATION ARMY
    111 QUEEN ANNE AVE N SUITE 300
    SEATTLE,WA98109     		  PC HUMAN SERVICES 30,000
    SALVATION ARMY
    111 QUEEN ANNE AVE N SUITE 300
    SEATTLE,WA98109     		  PC HUMAN SERVICES 5,000
    SALVATION ARMY
    111 QUEEN ANNE AVE N SUITE 300
    SEATTLE,WA98109     		  PC HUMAN SERVICES 5,000
    SALVATION ARMY
    111 QUEEN ANNE AVE N SUITE 300
    SEATTLE,WA98109     		  PC HUMAN SERVICES 40,000
    SALVATION ARMY
    111 QUEEN ANNE AVE N SUITE 300
    SEATTLE,WA98109     		  PC HUMAN SERVICES 30,000
    SALVATION ARMY
    111 QUEEN ANNE AVE N SUITE 300
    SEATTLE,WA98109     		  PC HUMAN SERVICES 5,000
    SALVATION ARMY
    111 QUEEN ANNE AVE N SUITE 300
    SEATTLE,WA98109     		  PC HUMAN SERVICES 10,000
    SALVATION ARMY
    111 QUEEN ANNE AVE N SUITE 300
    SEATTLE,WA98109     		  PC HUMAN SERVICES 3,000
    SAMARITAN'S PURSE
    801 BAMBOO ROAD
    BOONE,NC286073000     		  PC DISASTER RELIEF 10,000
    SAMARITAN'S PURSE
    801 BAMBOO ROAD
    BOONE,NC286073000     		  PC DISASTER RELIEF 15,000
    SAMARITAN'S PURSE
    801 BAMBOO ROAD
    BOONE,NC286073000     		  PC DISASTER RELIEF 10,000
    SAMARITAN'S PURSE
    801 BAMBOO ROAD
    BOONE,NC286073000     		  PC DISASTER RELIEF 10,000
    SAT-7
    PO BOX 2770
    EASTON,MD21601     		  PC EDUCATION 30,000
    SAT-7
    PO BOX 2770
    EASTON,MD21601     		  PC EDUCATION 30,000
    SEATTLE FOUNDATION
    1601 5TH AVE 1900
    SEATTLE,WA98101     		  PC DISASTER RELIEF 100,000
    SEATTLE UNION GOSPEL MISSION
    3800 S OTHELLO STREET
    SEATTLE,WA98118     		  PC HUMAN SERVICES 30,000
    SEATTLE UNION GOSPEL MISSION
    3800 S OTHELLO STREET
    SEATTLE,WA98118     		  PC HUMAN SERVICES 30,000
    SEATTLE UNION GOSPEL MISSION
    3800 S OTHELLO STREET
    SEATTLE,WA98118     		  PC HUMAN SERVICES 3,000
    SENIOR SERVICES OF SNOHOMISH COUNTY
    5026 196TH ST SW
    LYNNWOOD,WA98036     		  PC TARGETED GROUPS SERVICES 10,000
    SENIOR SERVICES OF SNOHOMISH COUNTY
    5026 196TH ST SW
    LYNNWOOD,WA98036     		  PC TARGETED GROUPS SERVICES 20,000
    SOLID GROUND
    1501 N 45TH STREET
    SEATTLE,WA981036708     		  PC HUMAN SERVICES 30,000
    SOLID GROUND
    1501 N 45TH STREET
    SEATTLE,WA981036708     		  PC HUMAN SERVICES 5,000
    SOLID GROUND
    1501 N 45TH STREET
    SEATTLE,WA981036708     		  PC HUMAN SERVICES 30,000
    SOLID GROUND
    1501 N 45TH STREET
    SEATTLE,WA981036708     		  PC HUMAN SERVICES 3,000
    SOUND GENERATIONS
    2208 2ND AVENUE STE 100
    SEATTLE,WA981212055     		  PC TARGETED GROUPS SERVICES 30,000
    SOUND GENERATIONS
    2208 2ND AVENUE STE 100
    SEATTLE,WA981212055     		  PC TARGETED GROUPS SERVICES 10,000
    SOUND GENERATIONS
    2208 2ND AVENUE STE 100
    SEATTLE,WA981212055     		  PC TARGETED GROUPS SERVICES 30,000
    SOUND GENERATIONS
    2208 2ND AVENUE STE 100
    SEATTLE,WA981212055     		  PC TARGETED GROUPS SERVICES 5,000
    SOUND GENERATIONS
    2208 2ND AVENUE STE 100
    SEATTLE,WA981212055     		  PC TARGETED GROUPS SERVICES 7,000
    SOUTH SEATTLE COLLEGE FOUNDATION
    SOUTH CAMPUS/MAILSTOP R501
    SEATTLE,WA98106     		  PC EDUCATION 408,000
    ST FRANCIS HOUSE
    169 12TH AVE
    SEATTLE,WA98122     		  PC HUMAN SERVICES 6,000
    ST FRANCIS HOUSE
    169 12TH AVE
    SEATTLE,WA98122     		  PC HUMAN SERVICES 6,000
    ST FRANCIS HOUSE
    169 12TH AVE
    SEATTLE,WA98122     		  PC HUMAN SERVICES 25,000
    ST FRANCIS HOUSE
    169 12TH AVE
    SEATTLE,WA98122     		  PC HUMAN SERVICES 4,000
    TACOMA RESCUE MISSION
    PO BOX 1912
    TACOMA,WA98401     		  PC HUMAN SERVICES 30,000
    TACOMA RESCUE MISSION
    PO BOX 1912
    TACOMA,WA98401     		  PC HUMAN SERVICES 25,000
    TACOMA RESCUE MISSION
    PO BOX 1912
    TACOMA,WA98401     		  PC HUMAN SERVICES 5,000
    TACOMA RESCUE MISSION
    PO BOX 1912
    TACOMA,WA98401     		  PC HUMAN SERVICES 30,000
    TACOMA RESCUE MISSION
    PO BOX 1912
    TACOMA,WA98401     		  PC HUMAN SERVICES 3,000
    TEAM RUBICON
    6171 CENTURY BOULEVARD STE 310
    LOS ANGELES,CA90045     		  PC DISASTER RELIEF 10,000
    TEAM RUBICON
    6171 CENTURY BOULEVARD STE 310
    LOS ANGELES,CA90045     		  PC DISASTER RELIEF 10,000
    TEAM RUBICON
    6171 CENTURY BOULEVARD STE 310
    LOS ANGELES,CA90045     		  PC DISASTER RELIEF 10,000
    THE MICHAEL G REAGAN PORTRAIT FOUNDATION
    7106 175TH PLACE SW
    EDMONDS,WA98026     		  PC TARGETED GROUPS SERVICES 6,000
    THE SOPHIA WAY
    11061 NE 2ND STREET SUITE 223
    BELLEVUE,WA98004     		  PC HUMAN SERVICES 24,000
    THE SOPHIA WAY
    11061 NE 2ND STREET SUITE 223
    BELLEVUE,WA98004     		  PC HUMAN SERVICES 10,000
    THE SOPHIA WAY
    11061 NE 2ND STREET SUITE 223
    BELLEVUE,WA98004     		  PC HUMAN SERVICES 24,000
    THE SOPHIA WAY
    11061 NE 2ND STREET SUITE 223
    BELLEVUE,WA98004     		  PC HUMAN SERVICES 15,000
    THE SOPHIA WAY
    11061 NE 2ND STREET SUITE 223
    BELLEVUE,WA98004     		  PC HUMAN SERVICES 3,000
    TREEHOUSE
    2100 24TH AVE S STE 200
    SEATTLE,WA98144     		  PC TARGETED GROUPS SERVICES 30,000
    TREEHOUSE
    2100 24TH AVE S STE 200
    SEATTLE,WA98144     		  PC TARGETED GROUPS SERVICES 5,000
    TREEHOUSE
    2100 24TH AVE S STE 200
    SEATTLE,WA98144     		  PC TARGETED GROUPS SERVICES 30,000
    TREEHOUSE
    2100 24TH AVE S STE 200
    SEATTLE,WA98144     		  PC TARGETED GROUPS SERVICES 3,000
    UNIVERSITY OF WA BOTHELL
    ADVANCEMENT EXTERNAL RELATIONS PO
    BOX 358528
    BOTHELL,WA980118246     		  PC EDUCATION 42,000
    USO NORTHWEST
    17801 INTERNATIONAL BLVD PMB 313
    SEATTLE,WA98158     		  PC TARGETED GROUPS SERVICES 5,000
    USO NORTHWEST
    17801 INTERNATIONAL BLVD PMB 313
    SEATTLE,WA98158     		  PC TARGETED GROUPS SERVICES 5,000
    USO
    2111 WILSON BLVD SUITE 1200
    ARLINGTON,VA22201     		  PC TARGETED GROUPS SERVICES 10,000
    VINE MAPLE PLACE
    PO BOX 1092
    MAPLE VALLEY,WA98038     		  PC HUMAN SERVICES 30,000
    VINE MAPLE PLACE
    PO BOX 1092
    MAPLE VALLEY,WA98038     		  PC HUMAN SERVICES 10,000
    VINE MAPLE PLACE
    PO BOX 1092
    MAPLE VALLEY,WA98038     		  PC HUMAN SERVICES 30,000
    VINE MAPLE PLACE
    PO BOX 1092
    MAPLE VALLEY,WA98038     		  PC HUMAN SERVICES 3,000
    VISION HOUSE
    PO BOX 2951
    RENTON,WA98056     		  PC HUMAN SERVICES 30,000
    VISION HOUSE
    PO BOX 2951
    RENTON,WA98056     		  PC HUMAN SERVICES 5,000
    VISION HOUSE
    PO BOX 2951
    RENTON,WA98056     		  PC HUMAN SERVICES 10,000
    VISION HOUSE
    PO BOX 2951
    RENTON,WA98056     		  PC HUMAN SERVICES 30,000
    VISION HOUSE
    PO BOX 2951
    RENTON,WA98056     		  PC HUMAN SERVICES 5,000
    VISION HOUSE
    PO BOX 2951
    RENTON,WA98056     		  PC HUMAN SERVICES 3,000
    WASHINGTON AUTISM ALLIANCE AND ADVOCACY
    16225 NE 87TH ST STE A-2
    REDMOND,WA98052     		  PC TARGETED GROUPS SERVICES 3,500
    WASHINGTON AUTISM ALLIANCE AND ADVOCACY
    16225 NE 87TH ST STE A-2
    REDMOND,WA98052     		  PC TARGETED GROUPS SERVICES 5,000
    WASHINGTON STATE UNIVERSITY
    901 5TH AVENUE SUITE 2900
    SEATTLE,WA981642040     		  PC EDUCATION 42,000
    WELLSPRING FAMILY SERVICES
    1900 RAINIER AVE S
    SEATTLE,WA98144     		  PC HUMAN SERVICES 30,000
    WELLSPRING FAMILY SERVICES
    1900 RAINIER AVE S
    SEATTLE,WA98144     		  PC HUMAN SERVICES 5,000
    WELLSPRING FAMILY SERVICES
    1900 RAINIER AVE S
    SEATTLE,WA98144     		  PC HUMAN SERVICES 30,000
    WELLSPRING FAMILY SERVICES
    1900 RAINIER AVE S
    SEATTLE,WA98144     		  PC HUMAN SERVICES 3,000
    WESTERN WASHINGTON UNIVERSITY FOUNDATION
    516 HIGH STREET OLD MAIN 430
    BELLINGHAM,WA982259034     		  PC EDUCATION 42,000
    WESTERN WASHINGTON UNIVERSITY FOUNDATION
    516 HIGH STREET OLD MAIN 430
    BELLINGHAM,WA982259034     		  PC EDUCATION 5,000
    YEAR UP
    2607 2ND AVENUE
    SEATTLE,WA98121     		  PC EDUCATION 25,000
    YEAR UP
    2607 2ND AVENUE
    SEATTLE,WA98121     		  PC EDUCATION 5,000
    YEAR UP
    2607 2ND AVENUE
    SEATTLE,WA98121     		  PC EDUCATION 5,000
    YMCA OF GREATER SEATTLE
    2100 24TH AVE S 250
    SEATTLE,WA98144     		  PC HUMAN SERVICES 500
    YMCA OF GREATER SEATTLE
    2100 24TH AVE S 250
    SEATTLE,WA98144     		  PC HUMAN SERVICES 30,000
    YMCA OF GREATER SEATTLE
    2100 24TH AVE S 250
    SEATTLE,WA98144     		  PC HUMAN SERVICES 30,000
    YMCA OF GREATER SEATTLE
    2100 24TH AVE S 250
    SEATTLE,WA98144     		  PC HUMAN SERVICES 25,000
    YMCA OF GREATER SEATTLE
    2100 24TH AVE S 250
    SEATTLE,WA98144     		  PC HUMAN SERVICES 30,000
    YMCA OF GREATER SEATTLE
    2100 24TH AVE S 250
    SEATTLE,WA98144     		  PC HUMAN SERVICES 10,000
    YOUNG LIFE
    420 NORTH CASCADE
    COLORADO SPRINGS,CO80903     		  PC TARGETED GROUPS SERVICES 18,000
    YOUNG LIFE
    420 NORTH CASCADE
    COLORADO SPRINGS,CO80903     		  PC TARGETED GROUPS SERVICES 1,500
    YOUTH WISE MENTORING
    2442 NW MARKET STREET 402
    SEATTLE,WA98107     		  PC HUMAN SERVICES 5,000
    YWCA OF SEATTLEKINGSNOHOMISH
    1118 FIFTH AVENUE
    SEATTLE,WA981013012     		  PC HUMAN SERVICES 30,000
    YWCA OF SEATTLEKINGSNOHOMISH
    1118 FIFTH AVENUE
    SEATTLE,WA981013012     		  PC HUMAN SERVICES 10,000
    YWCA OF SEATTLEKINGSNOHOMISH
    1118 FIFTH AVENUE
    SEATTLE,WA981013012     		  PC HUMAN SERVICES 30,000
    YWCA OF SEATTLEKINGSNOHOMISH
    1118 FIFTH AVENUE
    SEATTLE,WA981013012     		  PC HUMAN SERVICES 5,000
    YWCA OF SEATTLEKINGSNOHOMISH
    1118 FIFTH AVENUE
    SEATTLE,WA981013012     		  PC HUMAN SERVICES 3,000
    Total .................................bullet 3a 3,688,512
    bApproved for future payment
    Total .................................bullet 3b 0
    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 ...........     		    14 184,164  
    4 Dividends and interest from securities....     14 628,961  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 738,454  
    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 1,523,620  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aMISCELLANEOUS INCOME     		    01 1,033  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 3,076,232 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,076,232
    (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:
    BIELLA FOUNDATION
    EIN:
    91-1428508
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 43,186 4,016   36,145

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 AmortizationSchedule
    Name:
    BIELLA FOUNDATION
    EIN:
    91-1428508
    Description of Amortized Expenses Date Acquired, Completed, or Expended Amount Amortized Deduction for Prior Years Amortization Method Current Year Amortization Net Investment Income Adjusted Net Income Total Amount of Amortization
    LEASE COMMISSION #400 KING CO TDA 4/19 2009-04-17 3,780 3,780 120.000000000000   0   3,780
    LEASE COMMISSION #401 RH HOME CARE 2/18 2012-03-01 43,050 43,050 72.000000000000   0   43,050
    LEASE COMMISSION #400 KING CO TDA 6/20 2010-07-01 46,200 36,960 120.000000000000 2,310 2,310   39,270
    LEASE COMMISSION SCRAP #200 5/24 2014-06-01 388,860 217,114 120.000000000000 38,886 38,886   256,000
    LEASE COMMISSION SEATTLE U #300 4/24 2014-05-01 74,171 42,030 120.000000000000 7,417 7,417   49,447
    LEASE COMMMISSION GOTTMAN #500 12/17 2015-01-01 6,064 6,064 36.000000000000   0   6,064
    LEASE COMMISSION #506 CASA 12/17 2015-08-01 22,066 22,066 29.000000000000   0   22,066
    LEASE COMMISSION #505 CNTR FOR ETHICAL 6/20 2015-07-01 3,385 3,046 60.000000000000 339 339   3,385

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    TY 2020 DepreciationSchedule
    Name:
    BIELLA FOUNDATION
    EIN:
    91-1428508
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    OFFICE EQUIPMENT 2009-08-31 518 259 SL 7.000000000000 0 0    
    IMAC COMPUTER 1 2010-01-12 1,313 656 SL 5.000000000000 0 0    
    IMAC COMPUTER 2 2010-05-19 1,313 656 SL 5.000000000000 0 0    
    COUNTER 2010-01-13 980 490 SL 7.000000000000 0 0    
    APPLE COMPUTER 2013-01-16 2,538 1,269 200DB 5.000000000000 0 0    
    CREDENZA 2014-01-31 415 320 200DB 7.000000000000 95 0    
    LAPTOP COMPUTER - MAC 2015-04-07 2,766 1,324 200DB 5.000000000000 49 0    
    WINDOW COVERINGS 2015-05-24 1,219 647 200DB 7.000000000000 140 0    
    2 PRINTERS 2015-10-08 1,292 913 200DB 5.000000000000 147 0    
    JIM'S COMPUTER 2015-10-14 2,046 989 200DB 5.000000000000 147 0    
    LAND - JEFFERSON 2009-02-21 987,850   L   0 0    
    BUILDING & IMPROVEMENT 2009-02-21 3,307,150 922,189 SL 39.000000000000 84,799 84,799    
    TENANT IMPROVEMENTS 2009-10-31 10,691 2,797 SL 39.000000000000 274 274    
    SPACE PLANNING 2009-11-30 2,984 780 SL 39.000000000000 77 77    
    WINDOW REPLACEMENT 2010-03-31 17,815 4,475 SL 39.000000000000 457 457    
    TENANT IMPROVEMENTS 2010-08-31 175,332 42,150 SL 39.000000000000 4,496 4,496    
    SPACE PLANNING 2010-10-31 3,325 783 SL 39.000000000000 85 85    
    TENANT IMPROVEMENTS 2011-11-30 35,731 7,443 SL 39.000000000000 916 916    
    COOLING TOWER REPLACEMENT 2011-11-03 35,615 7,418 SL 39.000000000000 913 913    
    LOBBY IMPROVEMENTS 2012-01-01 18,733 3,820 SL 39.000000000000 480 480    
    TENANT IMPROVEMENTS 2012-10-25 273,028 95,270 SL 15.000000000000 18,202 18,202    
    COOLING TOWER REPLACEMENT 2012-09-24 28,328 5,294 SL 39.000000000000 726 726    
    ELEVATOR REPLACEMENT 2013-12-16 101,969 15,799 SL 39.000000000000 2,615 2,615    
    ELEVATOR REPLACEMENT 2014-10-31 324,627 43,354 SL 39.000000000000 8,324 8,324    
    TENANT IMPROV SEATTLE U #401 2014-09-25 35,137 5,855 SL 15.000000000000 1,171 1,171    
    USED TRUCK 2014-12-17 1,771 1,771 SL 5.000000000000 0 0    
    TENANT IMPROV SEATTLE U #401 2015-10-31 36,758 4,180 SL 39.000000000000 943 943    
    WINDOW REPLACEMENT 2015-11-20 15,865 1,662 SL 39.000000000000 407 407    
    FURNITURE 2018-05-17 1,051 425 200DB 7.000000000000 179 0    
    FURNITURE 2018-06-28 4,713 1,827 200DB 7.000000000000 825 0    
    FURNITURE 2018-07-02 1,368 530 200DB 7.000000000000 239 0    
    OFFICE CHAIRS 2018-09-19 649 218 200DB 7.000000000000 123 0    
    CPR 2018-10-17 608 194 200DB 7.000000000000 118 0    
    FURNITURE 2018-10-17 637 203 200DB 7.000000000000 124 0    
    FURNITURE 2018-10-17 164 53 200DB 7.000000000000 32 0    
    TV AND BRACKET 2018-10-25 589 188 200DB 7.000000000000 115 0    
    NOT JUST ANTIQUES FURNITURE 2018-10-31 332 106 200DB 7.000000000000 65 0    
    CITY MAC COMPUTERS 2018-10-09 4,143 1,906 200DB 5.000000000000 895 0    
    CRATE AND BARREL FURNITURE 2018-10-19 797 255 200DB 7.000000000000 155 0    
    NATIONAL BUSINESS FURNITURE 2019-01-30 1,426 373 200DB 7.000000000000 301 0    
    CPR 2019-12-12 356 8 200DB 7.000000000000 99 0    

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    BIELLA FOUNDATION
    EIN:
    91-1428508
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BNY MELLON - DETAIL AVAILABLE UPON REQUEST 6,298,033 6,298,033

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    BIELLA FOUNDATION
    EIN:
    91-1428508
    Name of Stock End of Year Book Value End of Year Fair Market Value
    BNY MELLON - DETAIL AVAILABLE UPON REQUEST 23,577,581 23,577,581
    MORGAN STANLEY 25074 - DETAIL AVAILABLE UPON REQUEST 17,545,780 17,545,780
    SPROTT ASSETT MANAGEMENT - DETAIL AVAILABLE UPON REQUEST 2,483,449 2,483,449

    TY 2020 InvestmentsLandSchedule2
    Name:
    BIELLA FOUNDATION
    EIN:
    91-1428508
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND & BUILDING 5,412,709 1,307,494 4,105,215 12,041,900
    LEASE COMMISSIONS 587,576 423,062 164,514 164,514

    TY 2020 InvestmentsOtherSchedule2
    Name:
    BIELLA FOUNDATION
    EIN:
    91-1428508
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    PEG GLOBAL PRIVATE EQUITY INSTITUTIONAL INVESTORS VI FMV 1,158,293 1,158,293
    FUGIO PRIVATE EQUITY FUND IX, LP FMV 682,630 682,630
    CENTERSQUARE VALUE ADDED FUND III, LP FMV 94,155 94,155
    CERES FARM LLC FMV 3,634,143 3,634,143

    TY 2020 LandEtcSchedule2
    Name:
    BIELLA FOUNDATION
    EIN:
    91-1428508
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    COMPUTERS & EQUIPMENT 31,233 24,859 6,374 6,374


    TY 2020 LegalFeesSchedule
    Name:
    BIELLA FOUNDATION
    EIN:
    91-1428508
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES - RENTAL 5,026 5,026   0


    TY 2020 OtherExpensesSchedule
    Name:
    BIELLA FOUNDATION
    EIN:
    91-1428508
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STORAGE 3,325 0   3,325
    INSURANCE 3,551 0   3,551
    BOOKS & SUBSCRIPTIONS 12,426 0   12,426
    POSTAGE & MAILING 587 0   587
    SUPPLIES 11,243 0   11,243
    TELEPHONE 6,903 0   6,903
    MEETING EXPENSES 1,011 0   1,011
    ACTIVITY FROM PASS-THRU INVESTMENTS 0 20,508   0
    OTHER INVESTMENT EXPENDITURES 0 4,337   0
    SECURITY 9,620 9,620   0
    ADMINISTRATIVE 2,199 2,199   0
    INSURANCE - RENTAL 34,240 34,240   0
    OTHER LANDLORD EXPENSES 1,632 1,632   0
    AMORTIZATION 48,952 48,952   0


    TY 2020 OtherIncomeSchedule2
    Name:
    BIELLA FOUNDATION
    EIN:
    91-1428508
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ACTIVITY FROM PASS-THROUGH INVESTMENT 0 51,267 0
    MISCELLANEOUS INCOME 1,033   1,033


    TY 2020 OtherIncreasesSchedule
    Name:
    BIELLA FOUNDATION
    EIN:
    91-1428508
    Description Amount
    UNREALIZED GAINS/LOSSES ON INVESTMENTS 7,318,871


    TY 2020 OtherLiabilitiesSchedule
    Name:
    BIELLA FOUNDATION
    EIN:
    91-1428508
    Description Beginning of Year - Book Value End of Year - Book Value
    JEFFERSON SECURITY DEPOSITS 34,893 37,051


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    BIELLA FOUNDATION
    EIN:
    91-1428508
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 408,965 309,062   0
    OTHER PROFESSIONAL FEES 12,945 0   12,945
    MANAGEMENT FEE 49,622 49,622   0


    TY 2020 TaxesSchedule
    Name:
    BIELLA FOUNDATION
    EIN:
    91-1428508
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    UBI TAXES 1,000 0   0
    FOREIGN TAXES 11,334 20,772   0
    REAL ESTATE TAXES 113,754 113,754   0