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
APEX FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 245
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BELLEVUE, WA98009
A Employer identification number

91-1950397
B Telephone number (see instructions)

(425) 460-2500
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$152,211,313J 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 15,241 15,241  
4 Dividends and interest from securities... 1,980,843 1,980,843  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 6,063,840
b Gross sales price for all assets on line 6a 187,969,420
7 Capital gain net income (from Part IV, line 2)... 6,063,840
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 21,383 12,814  
12 Total. Add lines 1 through 11........ 8,081,307 8,072,738  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 562,658 162,625   400,033
14 Other employee salaries and wages...... 260,995 0   260,996
15 Pension plans, employee benefits....... 73,389 14,809   58,580
16a Legal fees (attach schedule)......... Click to see attachment 638 0   638
b Accounting fees (attach schedule)....... Click to see attachment 5,938 0   5,938
c Other professional fees (attach schedule).... Click to see attachment 10,305 0   10,305
17 Interest............... 57,759 57,759   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 266,300 21,873   44,427
19 Depreciation (attach schedule) and depletion... Click to see attachment 2,852 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 377,716 325,934   54,317
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,618,550 583,000   835,234
25 Contributions, gifts, grants paid....... 5,985,267 5,485,267
26 Total expenses and disbursements. Add lines 24 and 25 7,603,817 583,000   6,320,501
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 477,490
b Net investment income (if negative, enter -0-) 7,489,738
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............. 267,453 309,531 309,531
2 Savings and temporary cash investments......... 3,858,900 147,175 147,175
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) bullet5,084,500
Less: allowance for doubtful accounts bullet0 5,584,500 5,084,500 5,084,500
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).......      
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).......... 115,360,243 Click to see attachment120,011,237 138,852,548
14 Land, buildings, and equipment: basis bullet26,159
Less: accumulated depreciation (attach schedule) bullet15,743 10,550 Click to see attachment10,416 10,416
15 Other assets (describe bullet) Click to see attachment7,807,143 Click to see attachment7,807,143 Click to see attachment7,807,143
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 132,888,789 133,370,002 152,211,313
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 attachment0 Click to see attachment3,723
23 Total liabilities (add lines 17 through 22)......... 0 3,723
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........... 132,888,789 133,366,279
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 132,888,789 133,366,279
30 Total liabilities and net assets/fund balances (see instructions). 132,888,789 133,370,002
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
132,888,789
2
Enter amount from Part I, line 27a .....................
2
477,490
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
133,366,279
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
133,366,279
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 PANTHEON DIST. IN EXCESS OF BASIS P   2020-12-31
b GS CAPITAL PARTNERS 1612 P   2020-12-31
c GS CAPITAL PARTNERS 5554 P   2020-12-31
d LEAVITT EQUITY PARTNERS I P   2020-12-31
e LEAVITT EQUITY PARTNERS II P   2020-12-31
NORTHERN TRUST 862 P   2020-12-31
NORTHERN TRUST 870 P   2020-12-31
NORTHERN TRUST 889 P   2020-12-31
NORTHERN TRUST 957 P   2020-12-31
NORTHERN TRUST 712 P   2020-12-31
NORTHERN TRUST 919 P   2020-12-31
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 214,483     214,483
b 10     10
c 8,678     8,678
d 583,395     583,395
e     394 -394
70,784,021   71,770,578 -986,557
48,722,749   45,835,662 2,887,087
19,754,507   18,009,948 1,744,559
29,546,638   28,499,258 1,047,380
12,141,195   10,949,094 1,192,101
6,213,744   6,840,646 -626,902
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       214,483
b       10
c       8,678
d       583,395
e       -394
      -986,557
      2,887,087
      1,744,559
      1,047,380
      1,192,101
      -626,902
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 6,063,840
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................................ 1 104,107
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........................... 3 104,107
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- ..... 5 104,107
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 201,111
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 201,111
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 97,004
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet97,004 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 instructionsClick to see attachment.................
    12
    Yes
     
    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 ofbulletCRAIG STEWART Telephone no.bullet (425) 460-2500

    Located atbulletONE 100TH AVE NEBELLEVUEWA ZIP+4bullet98004
    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
     
    No
    .........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). Click to see attachment
    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
    CRAIG W STEWART PRESIDENT
    30.00     		223,650 10,217 0
    PO BOX 245
    BELLEVUE,WA98009
    JOLENE M MCCAW VICE PRESIDENT
    10.00     		0 0 0
    PO BOX 245
    BELLEVUE,WA98009
    BRUCE R MCCAW VICE PRESIDENT
    10.00     		0 0 0
    PO BOX 245
    BELLEVUE,WA98009
    RYAN PORTER TREASURER
    20.00     		162,625 14,434 0
    PO BOX 245
    BELLEVUE,WA98009
    AURELIE MCKINSTRY EXECUTIVE DIRECTOR/SECRETA
    40.00     		176,383 20,663 0
    PO BOX 245
    BELLEVUE,WA98009
    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
    JEAN-PIERRE LAURENT PROGRAM DIRECTOR LGM
    40.00     		100,560 15,981 0
    PO BOX 245
    BELLEVUE,WA98009
    ERIN EDELBROCK GRANTS & OFFICE ADMI
    40.00     		85,385 4,757 0
    PO BOX 245
    BELLEVUE,WA98009
    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
    NORTHERN TRUST INVESTMENT MANAGEMENT 56,686
    1301 2ND AVENUE 2600
    SEATTLE,WA98101
    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
    109,061,911
    b
    Average of monthly cash balances.......................
    1b
    7,346,557
    c
    Fair market value of all other assets (see instructions)................
    1c
    13,076,707
    d
    Total (add lines 1a, b, and c).........................
    1d
    129,485,175
    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
    129,485,175
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,942,278
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    127,542,897
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    6,377,145
    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
    6,377,145
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    104,107
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
    202
    c
    Add lines 2a and 2b............................
    2c
    104,309
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    6,272,836
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    6,272,836
    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
    6,272,836
    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
    6,320,501
    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
    6,320,501
    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
    6,320,501
    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 6,272,836
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 6,187,260
    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......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 6,320,501
    a Applied to 2019, but not more than line 2a 6,187,260
    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..... 133,241
    e Remaining amount distributed out of corpus 0
    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 0
    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 ..........     		6,139,595
    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 ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    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).)
    JOLENE M MCCAW
    BRUCE R MCCAW
    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
    WOODINVILLE JUNIOR FOOTBALL ASSOCIATION
    14241 NE WOODINVILLE-DUVALL RD 235
    WOODINVILLE,WA98072     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 60
    GLACIER PARK ELEMENTARY PTSA
    26828 MAPLE VALLEY HIGHWAY 298
    MAPLE VALLEY,WA98038     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 50
    SEATTLE'S UNION GOSPEL MISSION
    PO BOX 202
    SEATTLE,WA981110202     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 500
    DUNN GARDENS
    13533 NORTHSHIRE RD NW
    SEATTLE,WA98177     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 50
    OLD DOG HAVEN
    PO BOX 1409
    OAK HARBOR,WA98277     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 500
    EVERETT CHRISTIAN SCHOOL
    2221 CEDAR ST
    EVERETT,WA98201     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 50
    BEHIND THE BADGE FOUNDATION
    8309 165TH AVE NE SUITE 205
    REDMOND,WA98052     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 50
    HUMANE SOCIETY SEATTLE KING CO
    13212 SE EASTGATE WAY
    BELLEVUE,WA980054408     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 55
    GUSTAVUS ADOLPHUS COLLEGE
    OFFICE OF INSTITUTIONAL ADVANCEMENT
    800 WEST COLLEGE AVE
    ST PETER,MN56082     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 1,000
    BOWE'S ANIMAL RESCUE
    17384 MONREAL ROAD
    MADERA,CA93636     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 100
    CHAPS
    PO BOX 686
    MERCER ISLAND,WA98040     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 2,500
    SAMMAMISH ROWING ASSOCIATION
    PO BOX 3309
    REDMOND,WA98073     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 750
    KING COUNTY SEXUAL ASSAULT RESOURCE CENTER
    PO BOX 300
    RENTON,WA98057     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 510
    EVERGREEN HEALTHCARE FOUNDATION
    12040 NE 128TH ST MS 5
    KIRKLAND,WA980343013     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 1,000
    FOOD LIFELINE
    815 S 96TH ST
    SEATTLE,WA98108     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 500
    ISSAQUAH FOOD & CLOTHING BANK
    179 1ST AVE SE
    ISSAQUAH,WA980273824     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 500
    COMMUNITY ANIMAL RESOURCE & EDUCATION SOCIETY
    909 SW 151ST ST
    BURIEN,WA98166     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 1,000
    FRENCH AMERICAN SCHOOL OF PUGET SOUND
    3795 EAST MERCER WAY
    MERCER ISLAND,WA98040     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 670
    NORTHWEST KIDNEY CENTERS
    700 BROADWAY
    SEATTLE,WA981224302     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 1,000
    SAMMAMISH ROWING ASSOCIATION
    PO BOX 3309
    REDMOND,WA98073     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 792
    FRENCH AMERICAN SCHOOL OF PUGET SOUND
    3795 EAST MERCER WAY
    MERCER ISLAND,WA98040     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 2,500
    C895 PUBLIC RADIO
    10750 30TH AVE NE
    SEATTLE,WA98125     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 100
    CHAPS
    PO BOX 686
    MERCER ISLAND,WA98040     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 5,000
    ISSAQUAH FOOD & CLOTHING BANK
    179 1ST AVE SE
    ISSAQUAH,WA980273824     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 1,000
    EDMONDS PUBLIC SCHOOLS FOUNDATION
    PO BOX 390
    LYNNWOOD,WA980460390     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 500
    XTREME SPEED TRACK CLUB
    PO BOX 9410
    COVINGTON,WA98042     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 250
    COLORADO COLLEGE
    14 E CACHE LA POUDRE STREET
    COLORADO SPRINGS,CO80903     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 10,000
    SAMARITANS PURSE
    PO BOX 3000
    BOONE,NC286073000     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 10,000
    FRENCH AMERICAN SCHOOL OF PUGET SOUND
    3795 EAST MERCER WAY
    MERCER ISLAND,WA98040     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 2,500
    XTREME SPEED TRACK CLUB
    PO BOX 9410
    COVINGTON,WA98042     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 200
    HOMEWARD PET ADOPTION CENTER
    13132 NE 177TH PL
    WOODINVILLE,WA980722293     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 1,000
    GUSTAVUS ADOLPHUS COLLEGE
    OFFICE OF INSTITUTIONAL ADVANCEMENT
    800 WEST COLLEGE AVE
    ST PETER,MN56082     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 1,125
    FOOD LIFELINE
    815 S 96TH ST
    SEATTLE,WA98108     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 500
    MINNESOTA FREEDOM FUND
    PO BOX 6398
    MINNEAPOLIS,MN55406     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 107
    SISTERSONG
    PO BOX 94408
    ATLANTA,GA30377     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 100
    NEWPORT LACROSSE
    PO BOX 50713
    BELLEVUE,WA98015     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 820
    WASHINGTON POLICY CENTER
    PO BOX 3643
    SEATTLE,WA98124     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 1,800
    FRIENDS OF FORT WORDEN
    200 BATTERY WAY
    PORT TOWNSEND,WA98368     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 1,000
    WORLD VISION INTERNATIONAL
    PO BOX 9716
    FEDERAL WAY,WA98063     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 1,135
    COMPASSION INTERNATIONAL INCORPORATED
    12290 VOYAGER PKWY
    COLORADO SPRINGS,CO809213668     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 749
    HUMANE SOCIETY OF THE UNITED STATES
    1255 23RD ST NW SUITE 450
    WASHINGTON,DC20037     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 410
    HOPELINK
    PO BOX 3577
    REDMOND,WA98073     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 350
    WIKIMEDIA FOUNDATION INC
    PO BOX 98204
    WASHINGTON,DC200908204     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 250
    NMD UNITED
    3310 W BRAKER LANE SUITE 300 927
    AUSTIN,TX78758     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 250
    TINFA
    333 18TH AVE E
    SEATTLE,WA98112     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 250
    A FUTURE & A HOPE
    PO BOX 58114
    RENTON,WA98058     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 10,000
    LAKESIDE SCHOOL
    C/O BANK OF AMERICA PO BOX 740136
    LOS ANGELES,CA900740136     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 2,000
    JEFFERSON TEEN CENTER
    PO BOX 126
    PORT HADLOCK,WA98339     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 1,000
    JEFFERSON LAND TRUST
    1033 LAWRENCE STREET
    PORT TOWNSEND,WA98368     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 1,000
    THE CABIRI
    PO BOX 21186
    SEATTLE,WA98111     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 250
    KAUAI HUMANE SOCIETY
    PO BOX 3330
    LIHUE,HI96766     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 200
    PET MATCHMAKER RESCUE
    16612 PALM AVE
    BAKERSFIELD,CA93314     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 350
    MARLEY'S MUTTS DOG RESCUE
    1121 WEST VALLEY BLVD SUITE I 140
    TEHACHAPI,CA93561     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 100
    FRESNO HUMANE ANIMAL SERVICES
    760 W NIELSEN AVE
    FRESNO,CA93706     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 100
    BOWE'S ANIMAL RESCUE
    17384 MONREAL ROAD
    MADERA,CA93636     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 100
    HUMANE SOCIETY SEATTLE KING CO
    13212 SE EASTGATE WAY
    BELLEVUE,WA980054408     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 55
    OLD DOG HAVEN
    PO BOX 1409
    OAK HARBOR,WA98277     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 50
    ALZHEIMER'S ASSOCIATION
    225 N MICHIGAN AVE FL 17
    CHICAGO,IL60601     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 50
    ANIMAL COMPASSION TEAM OF CALIFORNIA
    2789 S ORANGE AVE
    FRESNO,CA93725     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 40
    BUY SELL RESCUE INC
    1248 W FOUNTAIN WAY
    FRESNO,CA93705     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 50
    GINGER'S PET RESCUE
    322 NORTH 105TH STREET
    SEATTLE,WA98133     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 50
    VIBRANT EMOTIONAL HEALTH
    DEVELOPMENT 50 BROADWAY 19TH FLOOR
    NEW YORK,NY10004     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 150
    PROJECT FREEDOM RIDE
    7112 FM 307
    MIDLAND,TX79706     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 100
    UW ALUMNI ASSOCIATION
    4333 BROOKLYN AVENUE NE BOX 359508
    SEATTLE,WA981959508     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 225
    WHATCOM COMMUNITY FOUNDATION
    1500 CORNWALL AVENUE SUITE 202
    BELLINGHAM,WA98225     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 256
    EASTWEST FOOD RESCUE
    23515 NE NOVELTY HILL ROAD SUITE
    B221 259
    REDMOND,WA98053     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 1,000
    CONGRESSIONAL MEDAL OF HONOR FOUNDATION
    40 PATRIOTS POINT ROAD
    MT PLEASANT,SC29464     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 1,000
    PORT TOWNSEND MARINE SCIENCE CENTER
    FORT WORDEN STATE PARK 532 BATTERY
    WAY
    PORT TOWNSEND,WA98368     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 1,000
    BEHIND THE BADGE FOUNDATION
    8309 165TH AVE NE SUITE 205
    REDMOND,WA98052     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 1,000
    BELLEVUE LIFESPRING
    302 BELLEVUE SQUARE
    BELLEVUE,WA98004     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 1,837
    NATIONAL CENTER FOR FAMILY PHILANTHROPY
    1667 K STREET NW SUITE 550
    WASHINGTON,DC20006     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    COLUMBIA THEATRE
    PO BOX 1026
    LONGVIEW,WA98632     		  PC PROGRAM SUPPORT 15,000
    PEPS
    4649 SUNNYSIDE AVENUE N 324
    SEATTLE,WA98103     		  PC EVENT 2,500
    UNIVERSITY OF WASHINGTON SCHOOL OF MUSIC
    PO BOX 353765
    SEATTLE,WA98195     		  PC BIG BAND PROGRAM 115,923
    SEATTLE UNIVERSITY
    901 12TH AVENUE
    SEATTLE,WA981221090     		  PC PROGRAM SUPPORT 9,000
    CHAPS
    PO BOX 686
    MERCER ISLAND,WA98040     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 15,000
    PHILANTHROPY NORTHWEST
    2101 4TH AVE SUITE 650
    SEATTLE,WA98121     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 9,905
    BELLEVUE LIFESPRING
    302 BELLEVUE SQUARE
    BELLEVUE,WA98004     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 25,000
    COMMUNITY FOUNDATION FOR SOUTHWEST WASHINGTON
    610 ESTHER STREET SUITE 201
    VANCOUVER,WA98660     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 100,000
    STOLENYOUTH
    PO BOX 296
    SEATTLE,WA98111     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 10,000
    GEORGETOWN UNIVERSITY
    GIFT PROCESSING DEPARTMENT NUMBER
    0734
    WASHINGTON,DC200730734     		  PC PROGRAM SUPPORT 25,000
    PEPS
    4649 SUNNYSIDE AVENUE N 324
    SEATTLE,WA98103     		  PC PROGRAM SUPPORT 5,000
    SEATTLE OPERA
    363 MERCER STREET
    SEATTLE,WA98109     		  PC CAPITAL CAMPAIGN 50,000
    OVERLAKE MEDICAL CENTER FOUNDATION
    1035 116TH AVENUE NE
    BELLEVUE,WA98004     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 25,000
    SWEDISH MEDICAL CENTER FOUNDATION
    747 BROADWAY
    SEATTLE,WA98122     		  PC ON-CALL DOULA PROGRAM 25,000
    BOYS & GIRLS CLUBS OF BELLEVUE
    209 100TH AVE NE
    BELLEVUE,WA980045625     		  PC PROGRAM SUPPORT 50,000
    UNITED NATIONS FOUNDATION
    1750 PENNSYLVANIA NW SUITE 300
    WASHINGTON,DC20006     		  PC PROGRAM SUPPORT 25,000
    CAMAS COUNTY
    PO BOX 429
    FAIRFIELD,ID83327     		  GOV PROGRAM SUPPORT 2,000
    MEDIC ONE FOUNDATION
    11747 NE 1ST STREET SUITE 310
    BELLEVUE,WA98074     		  PC PROGRAM SUPPORT 10,000
    VILLAGE THEATRE
    303 FRONT ST N
    ISSAQUAH,WA98027     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 75,000
    CITY YEAR SEATTLEKING COUNTY
    2203 23RD AVENUE SOUTH SUITE 101
    SEATTLE,WA98144     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 10,000
    FRED HUTCHINSON CANCER RESEARCH CENTER FOUNDATION
    1100 FAIRVIEW AVENUE N PO BOX 19024
    SEATTLE,WA98109     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 25,000
    BESANT HILL SCHOOL OF HAPPY VALLEY
    8585 OJAI SANTA PAULA RD
    OJAI,CA930239351     		  PC PROGRAM SUPPORT 10,000
    WHIM W'HIM
    3417 EVANSTON AVE N 229
    SEATTLE,WA98103     		  PC THIS IS NOT THE LITTLE PRINCE PRODUCTION 60,000
    PLYMOUTH HOUSING GROUP
    2113 THIRD AVE
    SEATTLE,WA98121     		  PC CAPITAL CAMPAIGN 200,000
    NORTHWEST ORGANIZATION FOR ANIMAL HELP
    31300 BRANDSTROM ROAD
    STANWOOD,WA98292     		  PC PROGRAM SUPPORT 10,000
    AMERICAN IMMIGRATION COUNCIL
    PO BOX 829812
    PHILADELPHIA,PA19182     		  PC PROGRAM SUPPORT 25,000
    YEAR UP PUGET SOUND
    PO BOX 412812
    BOSTON,MA02241     		  PC PROGRAM SUPPORT 25,000
    CITY OF BELLEVUE
    PO BOX 90012
    BELLEVUE,WA98009     		  PC BALLISTIC HELMETS FOR BELLEVUE FIRE DEPT 20,000
    KELSO BABE RUTH
    PO BOX 824
    KELSO,WA986260072     		  PC PROGRAM SUPPORT 10,000
    PEDIATRIC INTERIM CARE CENTER
    328 4TH AVENUE SOUTH
    KENT,WA98032     		  PC PROGRAM SUPPORT 20,000
    TREEHOUSE
    2100 24TH AVENUE S SUITE 200
    SEATTLE,WA98144     		  PC PROGRAM SUPPORT 50,000
    SEATTLE CHILDREN'S HOSPITAL FOUNDATION
    MS S-200 PO BOX 5371
    SEATTLE,WA981455005     		  PC PROGRAM SUPPORT 10,000
    GENETHON
    1 RUE D LINTERNATIONALE
    EVRY   91000
    FR     		  NC - FOREIGN NON-EXE LGMD2I GRANT 37,168
    WOUNDED WARRIOR PROJECT INC
    4899 BELFORT RD STE 300
    JACKSONVILLE,FL322566033     		  PC MEMORIAL GIFT 2,500
    PETERSEN AUTOMOTIVE MUSEUM
    6060 WILSHIRE BLVD
    LOS ANGELES,CA90036     		  PC PROGRAM SUPPORT 12,500
    CONGRESSIONAL MEDAL OF HONOR FOUNDATION
    40 PATRIOTS POINT ROAD
    MT PLEASANT,SC29464     		  PC EVENT 25,000
    INSTITUTE FOR ADVANCED STUDY
    1 EINSTEIN DR
    PRINCETON,NJ085404952     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 25,000
    HONG KONG ASSOCIATION OF WASHINGTON FOUNDATION
    3213 W WHEELER ST 118
    SEATTLE,WA98199     		  PC EVENT 25,000
    SAN JUAN PRESERVATION TRUST
    PO BOX 759
    FRIDAY HARBOR,WA98250     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    RILEY'S CHILDREN FOUNDATION
    30 SOUTH MERIDIAN STREET SUITE 200
    INDIANAPOLIS,IN462043509     		  PC MEMORIAL GIFT 1,500
    WINDOW WORLD CARES
    118 SHAVER STREET N
    WILKESBORO,NC28659     		  PC MEMORIAL GIFT 1,500
    KENNEDY KRIEGER INSTITUTE
    707 N BROADWAY
    BALTIMORE,MD212051832     		  PC LGMD2I GRANT 5,000
    KENNEDY KRIEGER INSTITUTE
    707 N BROADWAY
    BALTIMORE,MD212051832     		  PC LGMD2I GRANT 10,247
    GENETHON
    1 RUE D LINTERNATIONALE
    EVRY   91000
    FR     		  NC - FOREIGN NON-EXE LGMD2I GRANT 20,727
    PALM SPRINGS AIR MUSEUM
    745 NORTH GENE AUTRY TRAIL
    PALM SPRINGS,CA92262     		  PC EVENT 10,000
    SEATTLE UNIVERSITY
    901 12TH AVENUE
    SEATTLE,WA981221090     		  PC PROGRAM SUPPORT 8,000
    MUSEUM OF FLIGHT
    9404 EAST MARGINAL WAY SOUTH
    SEATTLE,WA981084097     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 25,000
    NORTHWEST SKI & SNOWBOARD MUSEUM
    7900 SE 28TH ST SUITE 236
    MERCER ISLAND,WA980403864     		  PC MEMORIAL GIFT 1,000
    WORLD OF SPEED MOTORSPORTS MUSEUM
    27490 SW 95TH AVENUE
    WILSONVILLE,OR97070     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    UNITED WAY OF KING COUNTY
    720 SECOND AVENUE
    SEATTLE,WA98104     		  PC PROGRAM SUPPORT 350,000
    WASHINGTON POLICY CENTER
    PO BOX 3643
    SEATTLE,WA98124     		  PC FREE MARKETS CREATE CAMPAIGN 25,000
    MUSEUM OF FLIGHT
    9404 EAST MARGINAL WAY SOUTH
    SEATTLE,WA981084097     		  PC MEMORIAL GIFT 2,500
    MUSEUM OF FLIGHT
    9404 EAST MARGINAL WAY SOUTH
    SEATTLE,WA981084097     		  PC MEMORIAL GIFT 2,500
    SEATTLE OPERA
    363 MERCER STREET
    SEATTLE,WA98109     		  PC CAPITAL CAMPAIGN 50,000
    UND FOUNDATION
    3501 UNIVERSITY AVE STOP 8157
    GRAND FORKS,ND58202     		  PC PROGRAM SUPPORT 21,600
    EASTSIDE PREPARATORY SCHOOL
    10613 NE 38TH PL
    KIRKLAND,WA980337927     		  PC CAPITAL CAMPAIGN 75,000
    IDAHO COMMUNITY FOUNDATION
    210 W STATE ST
    BOISE,ID83702     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 10,000
    EVERGREEN HEALTHCARE FOUNDATION
    12040 NE 128TH ST MS 5
    KIRKLAND,WA980343013     		  PC MEMORIAL GIFT 1,000
    HILLSDALE COLLEGE
    33 E COLLEGE ST
    HILLSDALE,MI492421205     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 25,000
    BELLEVUE POLICE FOUNDATION
    PO BOX 1543
    BELLEVUE,WA980091543     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    CENTER FOR AMERICAN VALUES
    101 SOUTH MAIN STREET SUITE 100
    PUEBLO,CO81003     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    SEATTLE'S UNION GOSPEL MISSION
    PO BOX 202
    SEATTLE,WA981110202     		  PC MEMORIAL GIFT 1,000
    MUSEUM OF NORTHWEST ART
    PO BOX 969
    LA CONNER,WA98257     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    NATIONAL AIR AND SPACE MUSEUM
    OFFICE OF ADVANCEMENT PO BOX 37012
    MRC 310
    WASHINGTON,DC200137012     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 25,000
    RESEARCH INSTITUTE AT NATIONWIDE CHILDRENS HOSPITAL
    700 CHILDRENS DR
    COLUMBUS,OH432052664     		  PC LGMD2I GRANT 60,000
    GENETHON
    1 RUE D LINTERNATIONALE
    EVRY   91000
    FR     		  NC - FOREIGN NON-EXE LGMD2I GRANT 41,130
    ALL EAGLES OSCAR FOUNDATION
    36 W BEAUREGARD AVE
    SAN ANGELO,TX76903     		  PC MEMORIAL GIFT 2,500
    MUSEUM OF FLIGHT
    9404 EAST MARGINAL WAY SOUTH
    SEATTLE,WA981084097     		  PC MEMORIAL GIFT 5,000
    DEE HOWARD FOUNDATION
    9901 IH 10 W SUITE 800
    SAN ANTONIO,TX782302292     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    PARTNERS FOR EARLY LEARNING
    PO BOX 5274 WEST
    RICHLAND,WA99353     		  PC WEBSITE INTEGRATION PROJECT 10,000
    CONGRESSIONAL MEDAL OF HONOR SOCIETY
    40 PATRIOTS POINT ROAD
    MT PLEASANT,SC29464     		  PC ARCHIVES PROGRAM 45,000
    SEATTLE POLICE FOUNDATION
    PO BOX 456
    SEATTLE,WA981110456     		  PC LASER PROTECTIVE EYEGEAR 9,000
    FREEDOM FOUNDATION
    PO BOX 552
    OLYMPIA,WA98507     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 25,000
    PETERSEN AUTOMOTIVE MUSEUM
    6060 WILSHIRE BLVD
    LOS ANGELES,CA90036     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 250
    AMELIA ISLAND CONCOURS D'ELEGANCE FOUNDATION INC
    3016 MERCURY ROAD S
    JACKSONVILLE,FL32207     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 250
    PEBBLE BEACH COMPANY FOUNDATION
    PO BOX 222860
    CARMEL,CA93922     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 250
    MUSEUM OF FLIGHT
    9404 EAST MARGINAL WAY SOUTH
    SEATTLE,WA981084097     		  PC MEMORIAL GIFT 2,500
    WASHINGTON POLICY CENTER
    PO BOX 3643
    SEATTLE,WA98124     		  PC EVENT 15,000
    SPEEDWAY CHILDREN'S CHARITIES
    5555 CONCORD PARKWAY SOUTH SMITH
    TOWER SUITE 302
    CONCORD,NC28027     		  PC MEMORIAL GIFT 2,500
    GENETHON
    1 RUE D LINTERNATIONALE
    EVRY   91000
    FR     		  NC - FOREIGN NON-EXE LGMD2I GRANT 30,321
    LGMD AWARENESS FOUNDATION INC
    638 KENNEDY DRIVE
    TWIN LAKES,WI53181     		  PC LGMD2I GRANT 1,500
    MUSEUM OF FLIGHT
    9404 EAST MARGINAL WAY SOUTH
    SEATTLE,WA981084097     		  PC MEMORIAL GIFT 2,500
    RAINIER SCHOLARS
    2100 24TH AVENUE SOUTH SUITE 360
    SEATTLE,WA98144     		  PC MEMORIAL GIFT 1,000
    CITY YEAR SEATTLEKING COUNTY
    2203 23RD AVENUE SOUTH SUITE 101
    SEATTLE,WA98144     		  PC MEMORIAL GIFT 1,000
    SEATTLE OPERA
    363 MERCER STREET
    SEATTLE,WA98109     		  PC MEMORIAL GIFT 1,000
    FRIENDS OF TRYON CREEK
    PO BOX 812
    LAKE OSWEGO,OR97034     		  PC MEMORIAL GIFT 2,500
    UNIVERSITY OF WASHINGTON INSTITUTE FOR PROTEIN DESIGN
    4333 BROOKLYN AVE NE BOX 359472
    SEATTLE,WA981959472     		  GOV LGMD2I GRANT 15,000
    THE GENERAL AND NANCY LEE BRADY FOUNDATION
    C/O THE CATHOLIC COMMUNITY
    FOUNDATION 111 BARILLA PLACE
    SAN ANTONIO,TX78209     		  PC MEMORIAL GIFT 2,500
    AOPA FOUNDATION
    421 AVIATION WAY
    FREDERICK,MD21701     		  PC PROGRAM SUPPORT 100,000
    SEATTLE ART MUSEUM
    1300 FIRST AVENUE
    SEATTLE,WA98101     		  PC CAPITAL CAMPAIGN 100,000
    WORLD WAR II VETERANS COMMITTEE
    1100 N GLEBE RD STE 910
    ARLINGTON,VA22201     		  PC PROGRAM SUPPORT 1,000
    MUSEUM OF FLIGHT
    9404 EAST MARGINAL WAY SOUTH
    SEATTLE,WA981084097     		  PC MEMORIAL GIFT 1,500
    MARINE CORPS SCHOLARSHIP FOUNDATION
    909 N WASHINGTON ST SUITE 400
    ALEXANDRIA,VA22314     		  PC MEMORIAL GIFT 1,000
    BELLEVUE LIFESPRING
    302 BELLEVUE SQUARE
    BELLEVUE,WA98004     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    HILLSDALE COLLEGE
    33 E COLLEGE ST
    HILLSDALE,MI492421205     		  PC PROGRAM SUPPORT 10,000
    HUTCHINSON COMMUNITY FOUNDATION
    1 N MAIN STE 501
    HUTCHINSON,KS675040298     		  PC MEMORIAL GIFT 1,000
    SAN DIEGO AIR AND SPACE MUSEUM
    2001 PAN AMERICAN PLAZA
    SAN DIEGO,CA92101     		  PC EVENT 5,000
    EAA
    PO BOX 3086
    OSHKOSH,WI549033086     		  PC PROGRAM SUPPORT 5,000
    THE DAWN REDWOODS CHARITABLE TRUST
    ONE BLACKFIELD DRIVE SUITE 331
    TIBURON,CA949202053     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    COLORADO COLLEGE
    14 E CACHE LA POUDRE STREET
    COLORADO SPRINGS,CO80903     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 1,000
    LAKESIDE SCHOOL
    C/O BANK OF AMERICA PO BOX 740136
    LOS ANGELES,CA900740136     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 1,000
    GRACE EPISCOPAL CHURCH
    2 HYDE PARK DR
    HUTCHINSON,KS67502     		  PC MEMORIAL GIFT 1,500
    BESANT HILL SCHOOL OF HAPPY VALLEY
    8585 OJAI SANTA PAULA RD
    OJAI,CA930239351     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    COSMOSPHERE & SPACE CENTER
    1100 NORTH PLUM STREET
    HUTCHINSON,KS67501     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 10,000
    HYDROPLANE AND RACEBOAT MUSEUM
    5917 SOUTH 196TH STREET
    KENT,WA98032     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 10,000
    BEHIND THE BADGE FOUNDATION
    8309 165TH AVE NE SUITE 205
    REDMOND,WA98052     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 10,000
    PACIFIC LEGAL FOUNDATION
    10940 NE 33RD PLACE SUITE 210
    BELLEVUE,WA98004     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 10,000
    PIMA AIR & SPACE MUSEUM
    6000 E VALENCIA RD
    TUCSON,AZ85756     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 25,000
    PEBBLE BEACH COMPANY FOUNDATION
    PO BOX 222860
    CARMEL,CA93922     		  PC PROGRAM SUPPORT 15,000
    PEARL HARBOR AVIATION MUSEUM
    319 LEXINGTON BLVD
    HONOLULU,HI968185004     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 10,000
    MUSEUM OF FLIGHT
    9404 EAST MARGINAL WAY SOUTH
    SEATTLE,WA981084097     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 500,000
    MULTICARE HEALTH FOUNDATION
    PO BOX 5296
    TACOMA,WA984150296     		  PC MEMORIAL GIFT 2,500
    MUSEUM OF FLIGHT
    9404 EAST MARGINAL WAY SOUTH
    SEATTLE,WA981084097     		  PC MEMORIAL GIFT 5,000
    MUSEUM OF FLIGHT
    9404 EAST MARGINAL WAY SOUTH
    SEATTLE,WA981084097     		  PC MEMORIAL GIFT 2,500
    MUSEUM OF FLIGHT
    9404 EAST MARGINAL WAY SOUTH
    SEATTLE,WA981084097     		  PC MEMORIAL GIFT 2,500
    MUSEUM OF FLIGHT
    9404 EAST MARGINAL WAY SOUTH
    SEATTLE,WA981084097     		  PC MEMORIAL GIFT 1,000
    SEATTLE SYMPHONY
    PO BOX 21906
    SEATTLE,WA981113906     		  SO I GREATEST NEED/ UNRESTRICTED SUPPORT 25,000
    PALM SPRINGS AIR MUSEUM
    745 NORTH GENE AUTRY TRAIL
    PALM SPRINGS,CA92262     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    AMERICAN ENTERPRISE INSTITUTE FOR PUBLIC POLICY RESEARCH
    1789 MASSACHUSETTS AVENUE NW
    WASHINGTON,DC20036     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    THE GENERAL AND NANCY LEE BRADY FOUNDATION
    C/O THE CATHOLIC COMMUNITY
    FOUNDATION 111 BARILLA PLACE
    SAN ANTONIO,TX78209     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    CITIZENS ALLIANCE FOR PROPERTY RIGHTS LEGAL FUND
    718 GRIFFIN AVE 7
    ENUMCLAW,WA98022     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    OUTWARD BOUND
    910 JACKSON ST SUITE 140
    GOLDEN,CO804011977     		  PC MEMORIAL GIFT 5,000
    INDEPENDENT WOMEN'S FORUM
    4 WEEMS LANE 312
    WINCHESTER,VA22601     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    PHILANTHROPY ROUNDTABLE
    1120 20TH STREET NW SUITE 550 SOUTH
    WASHINGTON,DC20036     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    SHORELINE COMMUNITY COLLEGE FOUNDATION
    16101 GREENWOOD AVE N SUITE 1005 -
    ADMIN BUILDING
    SHORELINE,WA98133     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    FREEDOM FOUNDATION
    PO BOX 552
    OLYMPIA,WA98507     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 25,000
    MARINE CORPS SCHOLARSHIP FOUNDATION
    909 N WASHINGTON ST SUITE 400
    ALEXANDRIA,VA22314     		  PC MEMORIAL GIFT 5,000
    MICHAEL E THORNTON FOUNDATION
    12770 MERIT DRIVE SUITE 124
    DALLAS,TX75251     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    HERITAGE FLIGHT MUSEUM
    15053 CROSSWIND DR
    BURLINGTON,WA98233     		  POF GREATEST NEED/ UNRESTRICTED SUPPORT 25,000
    SECOND AMENDMENT FOUNDATION
    12500 NE 10TH PL
    BELLEVUE,WA980052532     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 10,000
    THE NATURE CONSERVANCY
    4245 N FAIRFAX DR STE 100
    ARLINGTON,VA22203     		  PC PROGRAM SUPPORT 10,000
    WHATCOM COMMUNITY FOUNDATION
    1500 CORNWALL AVENUE SUITE 202
    BELLINGHAM,WA98225     		  PC PROGRAM SUPPORT 2,000
    IDAHO COMMUNITY FOUNDATION
    210 W STATE ST
    BOISE,ID83702     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 15,000
    SEATTLE OPERA
    363 MERCER STREET
    SEATTLE,WA98109     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 100,000
    NAVOS
    2600 SW HOLDEN ST
    SEATTLE,WA981263505     		  PC EVENT 5,000
    ARBORETUM FOUNDATION
    2300 ARBORETUM DRIVE E
    SEATTLE,WA98112     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    JED FOUNDATION
    6 EAST 39TH ST SUITE 700
    NEW YORK,NY10016     		  PC EVENT 10,000
    SEATTLE UNIVERSITY
    901 12TH AVENUE
    SEATTLE,WA981221090     		  PC PROGRAM SUPPORT 8,000
    MOUSE
    55 BROAD STREET 16TH FLOOR
    NEW YORK,NY10004     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 25,000
    5TH AVENUE THEATRE
    1308 5TH AVENUE
    SEATTLE,WA98101     		  PC RISING STAR PROJECT 15,000
    PEPS
    4649 SUNNYSIDE AVENUE N 324
    SEATTLE,WA98103     		  PC PEER SUPPORT PROGRAM FOR PARENTS OF ADOLESCENTS 50,000
    SUMMER SEARCH
    635 ANDOVER PARK WEST BUILDING 8
    SUITE 200
    TUKWILA,WA98188     		  PC DEPTH MENTORING INSTITUTE 150,000
    JED FOUNDATION
    6 EAST 39TH ST SUITE 700
    NEW YORK,NY10016     		  PC SET TO GO PROGRAM 250,000
    RECOVERY CAFE
    2022 BOREN AVE
    SEATTLE,WA981212703     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 25,000
    SUMMER SEARCH
    635 ANDOVER PARK WEST BUILDING 8
    SUITE 200
    TUKWILA,WA98188     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 25,000
    PEPS
    4649 SUNNYSIDE AVENUE N 324
    SEATTLE,WA98103     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 38,000
    WHIM W'HIM
    3417 EVANSTON AVE N 229
    SEATTLE,WA98103     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 100,000
    WHIM W'HIM
    3417 EVANSTON AVE N 229
    SEATTLE,WA98103     		  PC EVENT 2,500
    THE STABILITY NETWORK
    114 GARFIELD STREET
    SEATTLE,WA98109     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 60,000
    PACIFIC NORTHWEST BALLET ASSOCIATION
    301 MERCER ST
    SEATTLE,WA98109     		  PC PROGRAM SUPPORT 75,000
    AMERICAN HEART ASSOCIATION INC
    710 2ND AVE SUITE 900
    SEATTLE,WA98104     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 25,000
    JED FOUNDATION
    6 EAST 39TH ST SUITE 700
    NEW YORK,NY10016     		  PC PROGRAM SUPPORT 397,000
    YWCA OF SEATTLE-KING COUNTY-SNOHOMISH COUNTY
    1118 FIFTH AVENUE
    SEATTLE,WA98101     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 50,000
    LIFE WORKS
    906 NEW YORK STREET
    LONGVIEW,WA986324132     		  PC PROGRAM SUPPORT 50,000
    KELSO BABE RUTH
    PO BOX 824
    KELSO,WA986260072     		  PC PROGRAM SUPPORT 25,000
    COMMUNITY HOME HEALTH & HOSPICE
    PO BOX 2067
    LONGVIEW,WA98632     		  PC MEMORIAL GIFT 25,000
    ST JOHN MEDICAL CENTER FOUNDATION
    1615 DELAWARE STREET PO BOX 3002
    LONGVIEW,WA98632     		  PC PROGRAM SUPPORT 50,000
    BESANT HILL SCHOOL OF HAPPY VALLEY
    8585 OJAI SANTA PAULA RD
    OJAI,CA930239351     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    BELLEVUE LIFESPRING
    302 BELLEVUE SQUARE
    BELLEVUE,WA98004     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 50,000
    ONE LOVE FOUNDATION
    PO BOX 368
    BRONXVILLE,NY10708     		  PC PROGRAM SUPPORT 50,000
    PLANNED PARENTHOOD
    PPGNHI FUNDRAISING MS 313641 PO BOX
    3641
    SEATTLE,WA981243641     		  PC PROGRAM SUPPORT 35,000
    ACTORS FUND
    729 SEVENTH AVENUE 10TH FLOOR
    NEW YORK,NY10019     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 100,000
    DRAMA LEAGUE
    32 AVENUE OF THE AMERICAS GROUND
    LEVEL
    NEW YORK,NY10013     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 50,000
    SEATTLE FOUNDATION
    1601 FIFTH AVENUE SUITE 1900
    SEATTLE,WA981013615     		  PC PROGRAM SUPPORT 265,000
    WE WELL-BEING
    339 QUEEN ST E
    TORONTO,ONM5A 1S9
    CA     		  PC WE WELL-BEING PROGRAM 100,000
    Total .................................bullet 3a 5,483,267
    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 ...........     		525990   14 15,241  
    4 Dividends and interest from securities.... 525990   14 1,980,843  
    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..... 525990   14 21,383  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		525990 8,763 18 6,055,077  
    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).. 8,763 8,072,544 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    8,081,307
    (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:
    APEX FOUNDATION
    EIN:
    91-1950397
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 5,938 0   5,938

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

    TY 2020 DepreciationSchedule
    Name:
    APEX FOUNDATION
    EIN:
    91-1950397
    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
    DELL OPTIPLEX 9010 COMPUTER - STEWART 2013-05-24 1,311 1,311 SL 5.000000000000 0 0    
    4 - IPHONES 2014-09-23 1,335 1,335 SL 5.000000000000 0 0    
    13" MACBOOK AIR #G5RN 2015-01-16 1,286 1,264 SL 5.000000000000 22 0    
    DELL LATITUDE 7350 LAPTOP 2015-06-09 1,979 1,815 SL 5.000000000000 164 0    
    CUBICAL OFFICE SYSTEMS 2016-10-04 12,731 5,912 SL 7.000000000000 1,819 0    
    13.5" MICROSOFT SURFACE AND DOCKING STATION 2017-05-19 1,930 713 SL 7.000000000000 276 0    
    DELL OPTIPLEX 7050 - ERIN 2017-11-13 1,185 366 SL 7.000000000000 169 0    
    MICROSOFT SURFACE LAPTOP 2019-08-12 1,683 100 SL 7.000000000000 240 0    
    CDW LAPTOPS 2020-08-04 2,718   SL 7.000000000000 162 0    

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

    TY 2020 ExpenditureResponsibilityStmt
    Name:
    APEX FOUNDATION
    EIN:
    91-1950397
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    HERITAGE FLIGHT MUSEUM
          		15053 CROSSWIND DR
    BURLINGTON,WA98233     		2019-01-01 25,000 GENERAL OPERATING SUPPORT 25,000 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY 4,000 IN 2019 / 21,000 IN 2020 2021-03-24  
    HERITAGE FLIGHT MUSEUM
          		15053 CROSSWIND DR
    BURLINGTON,WA98233     		2020-01-01 25,000 GENERAL OPERATING SUPPORT 25,000 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY 25,000 IN 2020 2021-04-05  

    TY 2020 InvestmentsOtherSchedule2
    Name:
    APEX FOUNDATION
    EIN:
    91-1950397
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ARCH VENTURE PARTNERS AT COST 1,752,230 3,012,366
    GOLDMAN SACHS GS PTRS AT COST 169,169 158,604
    LEAVITT EQUITY PARTNERS I & II AT COST 3,627,576 4,501,448
    NORTHERN TRUST AT COST 108,069,175 121,527,196
    SILVER CREEK AT COST 3,000,000 3,529,706
    RSQUARED FUND I AT COST 885,573 3,215,340
    LAZARD LTD AT COST 2,507,514 2,588,760
    PANTHEON AT COST 0 319,128

    TY 2020 LandEtcSchedule2
    Name:
    APEX FOUNDATION
    EIN:
    91-1950397
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    DELL OPTIPLEX 9010 COMPUTER - STEWART 1,311 1,311 0  
    4 - IPHONES 1,335 1,335 0  
    13" MACBOOK AIR #G5RN 1,286 1,286 0  
    DELL LATITUDE 7350 LAPTOP 1,979 1,979 0  
    CUBICAL OFFICE SYSTEMS 12,731 7,731 5,000  
    13.5" MICROSOFT SURFACE AND DOCKING STATION 1,930 989 941  
    DELL OPTIPLEX 7050 - ERIN 1,185 535 650  
    MICROSOFT SURFACE LAPTOP 1,683 340 1,343  
    CDW LAPTOPS 2,718 162 2,556  


    TY 2020 LegalFeesSchedule
    Name:
    APEX FOUNDATION
    EIN:
    91-1950397
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 638 0   638


    TY 2020 OtherAssetsSchedule
    Name:
    APEX FOUNDATION
    EIN:
    91-1950397
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    SPACE MEMORABILIA 4,391,826 4,391,826 4,391,826
    SPITFIRE 1,075,000 1,075,000 1,075,000
    NORM TAYLOR COLLECTION 717,016 717,016 717,016
    RARE BOOKS 1,619,301 1,619,301 1,619,301
    OYSTER SKIFF 4,000 4,000 4,000


    TY 2020 OtherExpensesSchedule
    Name:
    APEX FOUNDATION
    EIN:
    91-1950397
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSE 9,153 0   9,153
    SOFTWARE/MAINTENANCE/RENEWAL 13,106 0   13,106
    INSURANCE 11,841 0   11,841
    TRAVEL/MILEAGE 9,169 0   9,169
    MISCELLANEOUS 7,312 0   7,312
    LICENSING & FEES 26 0   26
    GS CAPITAL PARTNERS V INSTITUTIONAL LP 392 392   0
    GS CAPITAL PARTNERS VI PARALLEL LP 1,430 1,430   0
    GSCP V INSTITUTIONAL AIV LP 50 50   0
    NORTHERN TRUST INVESTMENT EXPENSE 59,207 59,207   0
    LEAVITT EQUITY PARTNERS I, L.P. 51,931 51,887   44
    PAYROLL RELATED EXPENSE 574 0   574
    LEAVITT EQUITY PARTNERS II, L.P. 100,655 103,326   52
    ARCH VENTURE FUND X K-1 OTHER DEDUCTIONS 36,912 36,912   0
    ARCH VENTURE FUND X OVERAGE K-1 OTHER DEDUCTIONS 13,783 13,783   0
    SUPPLIES 3,040 0   3,040
    RSQUARED FUND I 58,947 58,947   0
    LEAVITT EQUITY PARTNERS I, L.P. ND 766 0   0
    LEAVITT EQUITY PARTNERS I, L.P. TAX EXEMPT -993 0   0
    LEAVITT EQUITY PARTNERS II, L.P. ND 415 0   0


    TY 2020 OtherIncomeSchedule2
    Name:
    APEX FOUNDATION
    EIN:
    91-1950397
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    GS CAPITAL PARTNERS V INSTITUTIONAL AIV LP 1 1 1
    GS CAPITAL PARTNERS VI PARALLEL, LP 1 2 1
    LEAVITT EQUITY PARTNERS I, LLC 21,381 12,811 21,381


    TY 2020 OtherLiabilitiesSchedule
    Name:
    APEX FOUNDATION
    EIN:
    91-1950397
    Description Beginning of Year - Book Value End of Year - Book Value
    OTHER LIABILITIES 0 3,723


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    APEX FOUNDATION
    EIN:
    91-1950397
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL FEES 10,305 0   10,305


    TY 2020 TaxesSchedule
    Name:
    APEX FOUNDATION
    EIN:
    91-1950397
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE & UBI TAXES 200,000 0   0
    PAYROLL TAX 55,515 11,088   44,427
    FOREIGN TAXES PAID 10,785 10,785   0