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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
STEWARDSHIP FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 1278
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
TACOMA, WA984011278
A Employer identification number

91-6020515
B Telephone number (see instructions)

(253) 272-8336
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$154,587,717J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 838 891  
4 Dividends and interest from securities... 1,471,286 1,486,761  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 10,572,329
b Gross sales price for all assets on line 6a 17,524,396
7 Capital gain net income (from Part IV, line 2)... 12,716,643
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 192,128 -213,814  
12 Total. Add lines 1 through 11........ 12,236,581 13,990,481  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 313,689 0   313,689
14 Other employee salaries and wages...... 308,316 0   308,316
15 Pension plans, employee benefits....... 112,997 0   112,997
16a Legal fees (attach schedule)......... Click to see attachment 3,083 3,083   0
b Accounting fees (attach schedule)....... Click to see attachment 283,351 43,749   238,102
c Other professional fees (attach schedule).... Click to see attachment 253,742 253,742   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 264,432 38,394   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 42,313 0   42,313
21 Travel, conferences, and meetings....... 52,594 0   52,594
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 65,697 1,636   64,061
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,700,214 340,604   1,132,072
25 Contributions, gifts, grants paid....... 4,887,979 4,887,979
26 Total expenses and disbursements. Add lines 24 and 25 6,588,193 340,604   6,020,051
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 5,648,388
b Net investment income (if negative, enter -0-) 13,649,877
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
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.............      
2 Savings and temporary cash investments......... 345,208 573,660 573,660
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)....... 40,929,281 Click to see attachment48,535,715 73,802,828
c Investments—corporate bonds (attach schedule)....... 17,961,159 Click to see attachment16,927,204 19,007,262
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 40,365,305 Click to see attachment40,583,125 61,203,967
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 99,600,953 106,619,704 154,587,717
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 99,600,953 106,619,704
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 99,600,953 106,619,704
30 Total liabilities and net assets/fund balances (see instructions). 99,600,953 106,619,704
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
99,600,953
2
Enter amount from Part I, line 27a .....................
2
5,648,388
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,370,363
4
Add lines 1, 2, and 3 ..........................
4
106,619,704
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
106,619,704
Form 990-PF (2021)
Form 990-PF (2021)
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 INVESTMENT PARTNERSHIPS P    
b INVESTMENT PARTNERSHIPS P    
c BANK OF NEW YORK - ST P    
d BANK OF NEW YORK - LT P    
e BANK OF NEW YORK - WASH SALES P    
BANK OF NEW YORK - CG DISTRIBUTION P    
OCM PRINCIPAL OPPORTUNITIES FUND IV P    
OCM PRINCIPAL OPPORTUNTIES FUND IV AIP P    
ABERDEEN VENTURE PARTNERS IV P    
FCP INVESTORS VI P    
EMR CAPITAL RESOURCE FUND II GOLDEN GROVE P    
GRAHAM PARTNERS II 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 1,292,495     1,292,495
b 8,952,957     8,952,957
c 3,618,021   3,415,537 202,484
d 1,682,813   1,320,802 362,011
e 21,752     21,752
1,929,356     1,929,356
    12,800 -12,800
20,343     20,343
    38,036 -38,036
6,659     6,659
    106 -106
    20,472 -20,472
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       1,292,495
b       8,952,957
c       202,484
d       362,011
e       21,752
      1,929,356
      -12,800
      20,343
      -38,036
      6,659
      -106
      -20,472
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 12,716,643
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  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
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 All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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........................... 3 189,733
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- ..... 5 189,733
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 179,160
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.............. 7 179,160
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 144
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 10,717
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   RefundedBullet 11  
Part VI-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 XIV..................................
    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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    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 (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-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 addressbulletWWW.STEWARDSHIPFDN.ORG
    14
    The books are in care ofbulletFIDUCIARY COUNSELLING INC Telephone no.bullet (253) 272-8336

    Located atbulletP O BOX 1278TACOMAWA ZIP+4bullet984011278
    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 2021, 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 VI-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? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (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)? ......................
    1a(5)
     
    No
    (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.) ...............
    1a(6)
     
    No
    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
    c
    ........bullet
    d
    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 2021? .............
    1d
     
    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 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    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? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 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 2021.) .....................
    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 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-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))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    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
     
     
    c
    .........bullet
    d
    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? .................
    5d
     
     
    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? .............................
    6a
     
    No
    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?
    7a
     
    No
    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? .........................
    8
     
    No
    Part VII
    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
    WILLIAM T WEYERHAEUSER DIRECTOR, CHAIR
    3.00     		0 0 0
    PO BOX 1278
    TACOMA,WA98401
    GAIL T WEYERHAEUSER DIRECTOR, VICE-CHAIR, TREASURER
    1.00     		0 0 0
    PO BOX 1278
    TACOMA,WA98401
    DR CARY PAINE PRESIDENT
    40.00     		253,689 95,535 0
    PO BOX 1278
    TACOMA,WA98401
    ANDREA P COOK DIRECTOR
    1.00     		12,500 0 0
    PO BOX 1278
    TACOMA,WA98401
    CYNTHIA WILSON EDWARDS DIRECTOR
    1.00     		10,000 0 0
    PO BOX 1278
    TACOMA,WA98401
    WILLIAM P ROBINSON DIRECTOR
    1.00     		2,500 0 0
    PO BOX 1278
    TACOMA,WA98401
    J DEREK MCNEIL DIRECTOR
    1.00     		12,500 0 0
    PO BOX 1278
    TACOMA,WA98401
    LINDA RANZ DIRECTOR
    1.00     		12,500 0 0
    PO BOX 1278
    TACOMA,WA98401
    CHRISTOPHER P HERINK DIRECTOR
    1.00     		10,000 0 0
    PO BOX 1278
    TACOMA,WA98401
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    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
    FIDUCIARY COUNSELLING INC ACCOUNTING & TAX SERVICES 283,351
    P O BOX 1278
    TACOMA,WA984011278
    BMO WEALTH MANAGEMENT INVESTMENT ADVISOR 137,900
    4380 SW MACADAM AVE
    PORTLAND,OR972396407
    BNY MELLON CUSTODIAL SERVICES 112,605
    201 WASHINGTON ST STE 024-0032
    BOSTON,MA02108
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-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 N/A 0
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A 0
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    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
    91,903,153
    b
    Average of monthly cash balances.......................
    1b
    3,819,987
    c
    Fair market value of all other assets (see instructions)................
    1c
    56,021,507
    d
    Total (add lines 1a, b, and c).........................
    1d
    151,744,647
    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
    151,744,647
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    2,276,170
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    149,468,477
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    7,473,424
    Part X
    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 IX, line 6..................
    1
    7,473,424
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    189,733
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    189,733
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    7,283,691
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    7,283,691
    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 XII, line 1 ...
    7
    7,283,691
    Part XI
    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
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 7,283,691
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 1,408,011
    b From 2017...... 1,312,058
    c From 2018...... 1,053,027
    d From 2019...... 1,262,699
    e From 2020...... 157,865
    f Total of lines 3a through e ........ 5,193,660
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 6,020,051
    a Applied to 2020, 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 2021 distributable amount..... 6,020,051
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 1,263,640 1,263,640
    (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 3,930,020
    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 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		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 2016 not
    applied on line 5 or line 7 (see instructions) ...     		144,371
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		3,785,649
    10 Analysis of line 9:
    a Excess from 2017.... 1,312,058
    b Excess from 2018.... 1,053,027
    c Excess from 2019.... 1,262,699
    d Excess from 2020.... 157,865
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-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 2021, 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) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    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 IX, 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 XIV
    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).)
    WILLIAM T WEYERHAEUSER
    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 e-mail address of the person to whom applications should be addressed:
    DR CARY PAINE
    P O BOX 1278
    TACOMA,WA984011278
    (253) 620-1340
    bThe form in which applications should be submitted and information and materials they should include:
    POTENTIAL GRANTEES THAT ARE QUALIFIED SECTION 501(C)(3) CHARITABLE ORGANIZATIONS MUST SUBMIT A LETTER OF INQUIRY THAT INCLUDES THE FOLLOWING: CONTACT INFORMATION, DESCRIPTION OF ORGANIZATION AND NATURE OF WORK, STATEMENT OF THE ISSUE TO BE ADDRESSED, TIMEFRAME OF PROPOSED PROJECT, ONE-PAGE PROPOSED PROJECT BUDGET, AND IRS 501(C)(3) LETTER OF DETERMINATION. THERE ARE NO DEADLINES FOR SUBMITTING LETTERS OF INQUIRY. WITHIN 30 DAYS OF SUBMITTING A LETTER OF INQUIRY, THE ORGANIZATION WILL BE NOTIFIED WHETHER IT IS INVITED TO SUBMIT A FULL PROPOSAL/APPLICATION. ORGANIZATIONS THAT HAVE RECEIVED A GRANT FROM THE STEWARDSHIP FOUNDATION WITHIN THE PAST THREE YEARS MAY ALSO SUBMIT A FULL PROPOSAL/APPLICATION. ORGANIZATIONS MAY APPROACH THE FOUNDATION ONCE PER YEAR.
    cAny submission deadlines:
    LETTER OF INQUIRY DEADLINE: NONE APPLICATIONS/PROPOSAL DEADLINE(S): 1/1, 4/1, 7/1, AND 10/1
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS ARE GENERALLY LIMITED TO 10% OF TOTAL OPERATING REVENUE. GRANTS ARE MADE TO ORGANIZATIONS AND PROJECTS THAT ADDRESS THE FOLLOWING THEMES: LEADERSHIP, POVERTY, JUSTICE AND RECONCILIATION, FAITH AND DISCIPLESHIP, CHILDREN AT RISK. CURRENTLY THE FOUNDATION DOES NOT FUND: INDIVIDUALS FOR SCHOLARSHIPS OR FELLOWSHIPS, ENDOWMENTS, DEBT REDUCTION, EMERGENCY DISASTER RELIEF, MISSIONARY SENDING, LOBBYING OR INFLUENCING ELECTIONS OR LEGISLATION.
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    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
    10 THOUSAND WINDOWS
    2095 LAKESIDE CENTRE WAY SUITE 101
    KNOXVILLE,TN37922     		NONE PC GENERAL OPERATIONS 50,000
    AGROS INTERNATIONAL
    2225 FOURTH AVE 2ND FLOOR
    SEATTLE,WA98121     		NONE PC HEALTHY START 2: ADDRESSING CHRONIC MALNUTRITION AND PROVIDING A FAIR-START FOR IXIL CHILDREN IN GUATEMALA 60,000
    ALPHA USA
    1635 EMERSON LANE
    NAPERVILLE,IL60540     		NONE PC GENERAL OPERATIONS 50,000
    ALPHA USA
    1635 EMERSON LANE
    NAPERVILLE,IL60540     		NONE PC ALPHA'S MINISTRY WITH GEN Z, IN PRISONS AND IN RACIAL RECONCILIATION (E-GRANT) 25,000
    ASSOCIATION FOR A MORE JUST SOCIETY-US
    PO BOX 888631
    GRAND RAPIDS,MI49588     		NONE PC STRONGER COMMUNITIES: TRANSFORMING HEALTH AND EDUCATION SYSTEMS 75,000
    BARBARA JEAN BROWN FOUNDATION
    PO BOX 5373
    TACOMA,WA98415     		NONE PC OPERATION LONGTHRUST YOUTH SUMMER CAMP - 2021 5,000
    BETHLEHEM BIBLE CO
    614-C SOUTH BUSINESS IH-35
    NEW BRAUNFELS,TX78130     		NONE PC BETHLEHEM BIBLE COLLEGE'S GENERAL OPERATIONS 25,000
    BOYS & GIRLS CLUBS OF SOUTH PUGET SOUND
    3875 SOUTH 66TH STREET
    TACOMA,WA98409     		NONE PC GENERAL OPERATIONS 50,000
    CAPABLE
    PO BOX 9220
    MAMMOTH LAKES,CA93546     		NONE PC GENERAL OPERATIONS 20,000
    CARE FOR CHILDREN
    5000 W 134TH ST
    LEAWOOD,KS66209     		NONE PC DIGITALIZATION OF CARE FOR CHILDREN'S TRAINING 35,000
    CARE NET PREGNANCY & FAMILY SERVICES OF PUGET SOUND
    1924 SOUTH CEDAR SUITE B
    TACOMA,WA98335     		NONE PC GENERAL OPERATIONS 30,000
    CATHOLIC COMMUNITY SERVICES OF WESTERN WASHINGTON
    1323 SOUTH YAKIMA AVENUE
    TACOMA,WA98405     		NONE PC PROMOTING SPIRITUAL CONNECTIONS IN EMERGENCY SHELTERS 25,000
    CHRISTIAN FOUNDATION OF AMERICA
    3390 AUTO MALL DR
    WESTLAKE VILLAGE,CA91362     		NONE PC IDEOS JUST IDEAS COUNCILS 37,908
    COMPASSION INTERNATIONAL
    12290 VOYAGER PARKWAY
    COLORADO SPRINGS,CO80921     		NONE PC MINISTRY EXPANSION INTO MALAWI 50,000
    CURE INTERNATIONAL
    17011 HICKORY STREET
    SPRING LAKE,MI49456     		NONE PC A CURE FOR TOMORROW: MULTIPLYING MEDICINE AND MINISTRY FOR CHILDREN WITH DISABILITIES 30,000
    DEGREES OF CHANGE
    PO BOX 1573
    TACOMA,WA98401     		NONE PC GENERAL OPERATIONS 70,000
    DEVELOPMENT ASSOCIATES INTERNATIONAL
    13710 STRUTHERS ROAD SUITE 120
    COLORADO SPRINGS,CO80921     		NONE PC ENABLING COMMUNITY CHANGE THROUGH TRANSFORMED SERVANT LEADERS; MAOL IN NEPAL & MYANMAR, YR 2 45,000
    DIAMOND WILLOW MINISTRIES
    PO BOX 438
    FORT THOMPSON,SD57339     		NONE PC TOKATA YOUTH CENTER CAPITAL CAMPAIGN (E-GRANT) 50,000
    DIAMOND WILLOW MINISTRIES
    PO BOX 438
    FORT THOMPSON,SD57339     		NONE PC COVID-19 RELIEF 10,000
    DIAMOND WILLOW MINISTRIES
    PO BOX 438
    FORT THOMPSON,SD57339     		NONE PC HUNKPATI: TOKATA YOUTH PROJECT 27,550
    DUKE UNIVERSITY
    BOX 90001
    DURHAM,NC27708     		NONE PC THE CENTER FOR RECONCILIATION'S AMERICAS INITIATIVE 25,000
    EASTSIDE ACADEMY
    1717 BELLEVUE WAY NE
    BELLEVUE,WA98004     		NONE PC GENERAL OPERATIONS 70,000
    ECHO INC
    17931 DURRANCE RD
    NORTH FORT MYERS,FL33917     		NONE PC GENERAL OPERATIONS 68,000
    ECHO INC
    17931 DURRANCE RD
    NORTH FORT MYERS,FL33917     		NONE PC GENERAL OPERATIONS HONORING DAVID ERICKSON'S LEADERSHIP (E-GRANT) 25,000
    FREE WHEELCHAIR MISSION
    15279 ALTON PARKWAY SUITE 300
    IRVINE,CA92618     		NONE PC PROGRAMMATIC SUCCESS THROUGH STRATEGIC MONITORING AND EVALUATION 34,000
    FRIENDS OF FORMAN CHRISTIAN COLLEGE
    3434 ROSWELL ROAD NW
    ATLANTA,GA30305     		NONE PC HELPING FORMAN CHRISTIAN COLLEGE IN THREE WAYS: RECTOR SUPPORT; THE TSA-HOSTEL PROJECT; COMPLETING THE CAMPUS CENTER 150,000
    FRIENDS OF FORMAN CHRISTIAN COLLEGE
    3434 ROSWELL ROAD NW
    ATLANTA,GA30305     		NONE PC COVID-19 RELIEF AND ASSISTANCE FUND (EMERGENCY GRANT) 5,000
    FULLER THEOLOGICAL SEMINARY
    135 N OAKLAND
    PASADENA,CA91182     		NONE PC SCHOLARSHIPS FOR THE SAKE OF THE WORLD 125,000
    FULLER THEOLOGICAL SEMINARY
    135 N OAKLAND
    PASADENA,CA91182     		NONE PC GENERAL OPERATIONS 62,500
    FULLER THEOLOGICAL SEMINARY
    135 N OAKLAND
    PASADENA,CA91182     		NONE PC GENERAL OPERATIONS 62,500
    HEADINGTON INSTITUTE
    402 SOUTH MARENGO AVE
    PASADENA,CA91101     		NONE PC GENERAL OPERATIONS 65,000
    HEALING HANDS OF JOY
    PO BOX 30431
    CHARLOTTE,NC28230     		NONE PC SAFE MOTHERHOOD AMBASSADOR TRAINING PROGRAM 35,000
    HODOS INSTITUTE
    PO BOX 1361
    WHEATON,IL60187     		NONE PC ADVANCING LEADERSHIP FORMATION AMONG CHRISTIAN TEENS AND YOUTH IN EURASIA 10,000
    HOPE INTERNATIONAL
    227 GRANITE RUN DRIVE SUITE 250
    LANCASTER,PA17601     		NONE PC SG MULTIPLY: EQUIPPING LIKEMINDED ORGANIZATIONS TO SCALE CHRIST-CENTERED SAVINGS GROUP MINISTRIES 50,000
    HOPECENTRAL
    3826 SOUTH OTHELLO STREET
    SEATTLE,WA98118     		NONE PC GENERAL OPERATIONS 60,000
    INTERNATIONAL FELLOWSHIP OF EVANGELICAL STUDENTS USA INC
    P O BOX 46007
    MADISON,WI53744     		NONE PC RELEASING A NEW STRATEGIC PLAN TO STRENGTHEN GLOBAL STUDENT MINISTRY THROUGH 2030 50,000
    INTERNATIONAL JUSTICE MISSION
    PO BOX 2227
    ARLINGTON,VA22202     		NONE PC GUATEMALA'S OPERATION FUNDS 75,000
    INTERNATIONAL JUSTICE MISSION
    PO BOX 2227
    ARLINGTON,VA22202     		NONE PC GUATEMALA'S OPERATION FUNDS 75,000
    INTERVARSITY CHRISTIAN FELLOWSHIPUSA
    PO BOX 7895
    MADISON,WI53707     		NONE PC INTERVARSITYS LIFT THEIR VOICES INITIATIVE 40,000
    INTERVARSITY CHRISTIAN FELLOWSHIPUSA
    PO BOX 7895
    MADISON,WI53707     		NONE PC GENERAL OPERATIONS, NW REGION 60,000
    JUSTICE VENTURES INTERNATIONAL
    14500 NEW HAMPSHIRE AVENUE
    SILVER SPRING,MD20904     		NONE PC GENERAL OPERATIONS 75,000
    JUSTICE VENTURES INTERNATIONAL
    14500 NEW HAMPSHIRE AVENUE
    SILVER SPRING,MD20904     		NONE PC COVID-19 RELATED EFFORTS IN INDIA 10,000
    KIDS HOPE USA
    201 W WASHINGTON AVE SUITE 20
    ZEELAND,MI49464     		NONE PC GENERAL OPERATIONS 50,000
    KUPENDA FOR THE CHILDREN
    PO BOX 473
    HAMPTON,NH03843     		NONE PC MOBILIZING PASTORS TO REACH CHILDREN WITH DISABILITIES IN REMOTE AND UNDERSERVED REGIONS OF KILIFI, KENYA 15,000
    LAHAI HEALTH
    19820 SCRIBER LAKE RD SUITE 2
    LYNNWOOD,WA98036     		NONE PC HALLER LAKE MEDICAL CLINIC 15,000
    LANGHAM PARTNERSHIP USA
    WESTERN REGIONAL OFFICEC/O SOBRATO
    CENTER FOR NONPROFITS580A VALLEY WA
    MILPITAS,CA95035     		NONE PC ENRICHING THE WHOLE CHURCH: EQUIPPING WOMEN TO BUILD THE KINGDOM 100,000
    L'ARCHE USA
    310 SW 4TH AVENUE SUITE 840
    PORTLAND,OR97204     		NONE PC RENEWING L'ARCHE'S LEADERSHIP AND DECISION-MAKING FRAMEWORK 50,000
    LEADERSHIP FOUNDATIONS
    902 MARKET STREET
    TACOMA,WA98402     		NONE PC GENERAL OPERATIONS 40,000
    LIFEWATER INTERNATIONAL
    PO BOX 2868
    BENTONVILLE,AR72712     		NONE PC VISION OF A HEALTHY VILLAGE, NENSEBO, ETHIOPIA 75,000
    MAP INTERNATIONAL
    4700 GLYNCO PKWY
    BRUNSWICK,GA31525     		NONE PC BRINGING CHILDREN HEALTH 25,000
    MEDICAL TEAMS INTERNATIONAL INC
    14150 SW MILTON CT
    TIGARD,OR97224     		NONE PC GUATEMALA - CHICAMN MATERNAL AND CHILD HEALTH PROGRAM 110,000
    MEDICAL TEAMS INTERNATIONAL INC
    14150 SW MILTON CT
    TIGARD,OR97224     		NONE PC GUATEMALA CHICAMN MATERNAL AND CHILD HEALTH PROGRAM 55,000
    MILITARY COMMUNITY YOUTH MINISTRIES
    540 N CASCADE AVENUE SUITE 300
    COLORADO SPRINGS,CO80903     		NONE PC GENERAL OPERATIONS 60,000
    MOPS INTERNATIONAL
    2370 S TRENTON WAY
    DENVER,CO80231     		NONE PC MOPS ANNUAL CURRICULUM PROJECT 35,000
    MORNING STAR DEVELOPMENT
    PO BOX 62327
    COLORADO SPRINGS,CO80962     		NONE PC EDUCATING AFGHAN WOMEN 30,000
    NEW EARTH RECOVERY
    PO BOX 1473
    MOUNT VERNON,WA98273     		NONE PC GENERAL OPERATIONS 40,000
    NEW HORIZONS MINISTRIES
    2709 3RD AVENUE
    SEATTLE,WA98122     		NONE PC STAFF RECOGNITION (EMERGENCY GRANT) 5,000
    NEW HORIZONS MINISTRIES
    2709 3RD AVENUE
    SEATTLE,WA98122     		NONE PC GENERAL OPERATIONS 60,000
    NINOS CON VALOR INC
    23515 NE NOVELTY HILL RD STE B221
    301
    REDMOND,WA98053     		NONE PC GENERAL OPERATIONS 25,000
    NORTHWEST IMMIGRANT RIGHTS PROJECT
    615 SECOND AVENUE SUITE 400
    SEATTLE,WA98104     		NONE PC LEGAL ASSISTANCE FOR IMMIGRANTS AT THE NORTHWEST DETENTION CENTER 73,600
    NORTHWEST IMMIGRANT RIGHTS PROJECT
    615 SECOND AVENUE SUITE 400
    SEATTLE,WA98104     		NONE PC LEGAL ASSISTANCE FOR ASYLUM SEEKERS (1 OF 2) 88,000
    NOURISH PIERCE COUNTY
    1702 SOUTH 72ND STREET SUITE E
    TACOMA,WA98408     		NONE PC GENERAL OPERATIONS 60,000
    NW FURNITURE BANK
    117 PUYALLUP AVE
    TACOMA,WA98421     		NONE PC GENERAL OPERATIONS 40,000
    OLIVE CREST
    2130 EAST FOURTH STREET SUITE 200
    SANTA ANA,CA92705     		NONE PC SUPPORTING FOSTER CARE CHILDREN AND YOUTH IN PIERCE COUNTY (E-GRANT) 25,000
    OLIVE CREST
    2130 EAST FOURTH STREET SUITE 200
    SANTA ANA,CA92705     		NONE PC SERVING FOSTER CHILDREN WITH HIGHEST LEVELS OF NEED TO REDUCE RISK FACTORS 50,000
    PEACE COMMUNITY CENTER
    2106 SOUTH CUSHMAN AVENUE
    TACOMA,WA98405     		NONE PC GENERAL OPERATIONS 15,000
    R MERLE PALMER MINORITY SCHOLARSHIP FOUNDATION
    PO BOX 7119
    TACOMA,WA98417     		NONE PC GENERAL OPERATIONS 50,000
    R MERLE PALMER MINORITY SCHOLARSHIP FOUNDATION
    PO BOX 7119
    TACOMA,WA98417     		NONE PC SUPPORTING THE WORK WITH UNDERREPRESENTED YOUTH IN PIERCE COUNTY (E-GRANT) 25,000
    REACH
    309 SOUTH G STREET SUITE 3
    TACOMA,WA98405     		NONE PC GENERAL OPERATIONS 24,000
    RECONCILIATION MINISTRIES
    PO BOX 238
    MEDINA,WA98039     		NONE PC MUSALAHA'S GENERAL OPERATIONS 20,000
    ROMANIAN CHRISTIAN ENTERPRISES
    21058 UNISON ROAD
    MIDDLEBURG,VA20117     		NONE PC GENERAL OPERATIONS 25,000
    RURAL DEVELOPMENT INSTITUTE
    1424 FOURTH AVENUE SUITE 300
    SEATTLE,WA98101     		NONE PC APPLYING A GENDER AND SOCIAL INCLUSION LENS: THE CENTER FOR WOMENS LAND RIGHTS 30,000
    SCHOLARLEADERS INTERNATIONAL
    2065 HALF DAY RD T-2992
    DEERFIELD,IL60015     		NONE PC WOMEN IN THEOLOGICAL EDUCATION 50,000
    SERVANT PARTNERS
    PO BOX 3144
    POMONA,CA91769     		NONE PC BUILDING SERVANT PARTNERS LOCAL AND INTERNATIONAL LEADERSHIP AND BUILDING THE STRUCTURE FOR SPS GLOBAL PARTNERS. 30,000
    STARFISH PROJECT INC
    1010 EISENHOWER DR S SUITE A
    GOSHEN,IN46526     		NONE PC GENERAL OPERATIONS 50,000
    STREET PSALMS
    1001 S YAKIMA AVE SUITE 15
    TACOMA,WA98405     		NONE PC GENERAL OPERATIONS 50,000
    SYSTEMATIC ASIAN LEADERSHIP TRAINING
    P O BOX 38405
    CHARLOTTE,NC28278     		NONE PC GENERAL OPERATIONS 40,000
    TACOMA AREA YOUTH FOR CHRIST
    PO BOX 834
    TACOMA,WA98401     		NONE PC GENERAL OPERATIONS 40,000
    TACOMA COMMUNITY HOUSE
    1314 SOUTH L STREET
    TACOMA,WA98405     		NONE PC STANDING WITH IMMIGRANTS AND REFUGEES IN 2022 20,000
    TACOMAPIERCE COUNTY HABITAT FOR HUMANITY
    4824 S TACOMA WAY
    TACOMA,WA98409     		NONE PC BUILDING ON FAITH 50,000
    TACOMAPIERCE COUNTY HABITAT FOR HUMANITY
    4824 S TACOMA WAY
    TACOMA,WA98409     		NONE PC BUILDING ON FAITH 60,000
    TAPROOT THEATRE COMPANY
    PO BOX 30946
    SEATTLE,WA98113     		NONE PC GENERAL OPERATIONS 40,000
    TECHMISSION INC
    1607 JOSE LANE
    ESCONDIDO,CA92026     		NONE PC GENERAL OPERATIONS 20,000
    THE COLOSSIAN FORUM
    620 CENTURY AVE SW SUITE 300
    GRAND RAPIDS,MI49503     		NONE PC TRANSFORMING SOCIAL CONFLICTS INTO OPPORTUNITIES FOR SPIRITUAL GROWTH AND WITNESS (E-GRANT) 25,000
    THE COLOSSIAN FORUM
    620 CENTURY AVE SW SUITE 300
    GRAND RAPIDS,MI49503     		NONE PC GENERAL OPERATIONS 50,000
    THE SEATTLE SCHOOL OF THEOLOGY & PSYCHOLOGY
    2501 ELLIOTT AVENUE
    SEATTLE,WA98121     		NONE PC GENERAL OPERATIONS, HONORING DEREK MCNEIL'S LEADERSHIP AND BOARD SERVICE (E-GRANT) 25,000
    THE SEATTLE SCHOOL OF THEOLOGY & PSYCHOLOGY
    2501 ELLIOTT AVENUE
    SEATTLE,WA98121     		NONE PC GENERAL OPERATIONS 65,000
    THE SINAPIS GROUP
    PO BOX 5414
    WHEATON,IL60189     		NONE PC GENERAL OPERATIONS 50,000
    THE SOCIETY OF ST ANDREW INC
    3383 SWEET HOLLOW ROAD
    BIG ISLAND,VA24526     		NONE PC GENERAL OPERATIONS 100,000
    THE VERITAS FORUM
    PO BOX 380807
    CAMBRIDGE,MA02238     		NONE PC INVESTING IN STUDENT LEADERS TO REACH THEIR PEERS AND CAMPUSES WITH LIFES BIG QUESTIONS 100,000
    UNITED WORLD MISSION INC
    205 REGENCY EXECUTIVE PARK DRIVE
    SUITE 430
    CHARLOTTE,NC28217     		NONE PC DEVELOPING WOMEN LEADERS FOR THE GLOBAL CHURCH 50,000
    VINE MAPLE PLACE
    PO BOX 1092
    MAPLE VALLEY,WA98038     		NONE PC GENERAL OPERATIONS 85,000
    VIOLENT CRIME VICTIM SERVICES
    1501 PACIFIC AVE SUITE 301
    TACOMA,WA98402     		NONE PC GENERAL OPERATIONS 15,000
    VISION HOUSE
    450 BREMERTON AVENUE NE
    RENTON,WA98059     		NONE PC GENERAL OPERATIONS 70,000
    VSI
    BOX 1929
    TOMBALL,TX77377     		NONE PC LEADERSHIP COLLEGE PROGRAM 2021 25,000
    WARM BEACH CHRISTIAN CAMPS & CONFERENCE CENTER
    20800 MARINE DRIVE
    STANWOOD,WA98292     		NONE PC HORSEMANSHIP DEVELOPMENT AND VOLUNTEER ASSOCIATE 35,000
    WILLOW INTERNATIONAL
    337 N CLARK ST
    ORANGE,CA92868     		NONE PC AFTERCARE SERVICES FOR VICTIMS OF HUMAN TRAFFICKING IN UGANDA (EMERGENCY GRANT) 25,000
    WISCONSIN CENTER FOR CHRISTIAN STUDIES INC
    221 N GRANDVIEW BLVD
    WAUKESHA,WI53188     		NONE PC N.T WRIGHT ONLINE COURSE DEVELOPMENT 2021 35,000
    WORLD BICYCLE RELIEF NFP
    1000 WEST FULTON MARKET 4TH FLOOR
    CHICAGO,IL60607     		NONE PC TWACHIYANDA AREA PROGRAM (TAP) 99,921
    WORLD HOPE INTERNATIONAL INC
    1330 BRADDOCK PLACE SUITE 301
    ALEXANDRIA,VA22314     		NONE PC ENABLE THE CHILDREN CAPACITY BUILDING 25,000
    WORLD RELIEF
    7 EAST BALTIMORE STREET
    BALTIMORE,MD21202     		NONE PC WORLD RELIEF SEATTLE'S IMMIGRANT SUPPORT SERVICES PROGRAM 110,000
    WORLD VISION INC
    PO BOX 9716
    FEDERAL WAY,WA98063     		NONE PC RELIEF FOR VULNERABLE CHILDREN AND FAMILIES IN INDIA DUE TO THE COVID-19 PANDEMIC 15,000
    YMCA OF PIERCE AND KITSAP COUNTIES
    4717 SOUTH 19TH STREET SUITE 201
    TACOMA,WA98405     		NONE PC YMCA DISTANCE LEARNING SUPPORT 40,000
    YOUNG LIFE INC
    PO BOX 520
    COLORADO SPRINGS,CO80901     		NONE PC SOUTH PUGET SOUND NEW CAPERNAUM MINISTRY INITIATIVE 25,000
    YOUNG LIFE INC
    PO BOX 520
    COLORADO SPRINGS,CO80901     		NONE PC CAMP ON WHEELS 20,000
    YOUNG LIFE INC
    PO BOX 520
    COLORADO SPRINGS,CO80901     		NONE PC HONG KONG UNIVERSITY MINISTRY 30,000
    Total .................................bullet 3a 4,887,979
    bApproved for future payment
    LIFENET INTERNATIONAL
    655 15TH ST NW SUITE 800
    WASHINGTON,DC20005     		NONE PC GENERAL OPERATIONS 50,000
    THE RESCUE MISSION
    425 SOUTH TACOMA WAY
    TACOMA,WA98402     		NONE PC GENERAL OPERATIONS 36,160
    WORLD VISION INC
    PO BOX 9716
    FEDERAL WAY,WA98063     		NONE PC GENERAL OPERATIONS 200,000
    FULLER THEOLOGICAL SEMINARY
    135 N OAKLAND
    PASADENA,CA91182     		NONE PC SCHOLARSHIPS FOR THE SAKE OF THE WORLD 125,000
    Total .................................bullet 3b 411,160
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-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 ...........     		    14 838  
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 10,572,329  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aF990-T INCOME TAX REFUND     		    01 15,000  
    bF990-PF EXCISE TAX REFUND     01 177,105  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 12,236,581 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    12,236,581
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-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 XV-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 (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    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 (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    STEWARDSHIP FOUNDATION
    EIN:
    91-6020515
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FIDUCIARY COUNSELLING INC 283,351 43,749   238,102

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    STEWARDSHIP FOUNDATION
    EIN:
    91-6020515
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BNY MELLON - FIXED INCOME SECURITIES 16,927,204 19,007,262

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    STEWARDSHIP FOUNDATION
    EIN:
    91-6020515
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ROCK ISLAND COMPANY 150,754 1,482,543
    BNY MELLON - SECURITIES 48,356,866 72,288,285
    BNY MELLON - PREFERRED SECURITIES 28,095 32,000

    TY 2021 InvestmentsOtherSchedule2
    Name:
    STEWARDSHIP FOUNDATION
    EIN:
    91-6020515
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INVESTMENT PARTNERSHIPS AT COST 91,725 91,725
    BNY MELLON - CTCAI FDN AT COST 11,106,376 16,434,658
    BNY MELLON - CASH EQUIVALENTS AT COST 3,525,959 3,526,248
    BNY MELLON - OTHER PARTNERSHIPS AT COST 16,549,061 24,226,045
    BNY MELLON - AIP FDN AT COST 2,544,636 6,007,599
    BNY MELLON - GAP FDN AT COST 3,678,149 7,110,072
    BNY MELLON - REAL ESTATE AT COST 2,994,323 3,789,933
    BNY MELLON - ALTERNATIVE INVESTMENTS AT COST 92,896 17,687

    TY 2021 LegalFeesSchedule
    Name:
    STEWARDSHIP FOUNDATION
    EIN:
    91-6020515
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 3,083 3,083   0


    TY 2021 OtherExpensesSchedule
    Name:
    STEWARDSHIP FOUNDATION
    EIN:
    91-6020515
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE PREMIUMS 13,710 0   13,710
    GRANTMAKING SOFTWARE LICENSE 33,227 0   33,227
    STATE FILING FEE 153 128   25
    OFFICE EXPENSE 15,599 0   15,599
    CONSULTING FEES 1,500 0   1,500
    OTHER EXPENSES 1,508 1,508   0


    TY 2021 OtherIncomeSchedule2
    Name:
    STEWARDSHIP FOUNDATION
    EIN:
    91-6020515
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    INVESTMENT PARTNERSHIPS   -214,030  
    MISCELLANEOUS INCOME 23 216 23
    F990-T INCOME TAX REFUND 15,000   15,000
    F990-PF EXCISE TAX REFUND 177,105   177,105


    TY 2021 OtherIncreasesSchedule
    Name:
    STEWARDSHIP FOUNDATION
    EIN:
    91-6020515
    Description Amount
    BOOK COST BASIS ADJUSTMENT 1,370,363


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    STEWARDSHIP FOUNDATION
    EIN:
    91-6020515
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CBIZ TOFIAS 3,373 3,373   0
    BNY MELLON 250,369 250,369   0


    TY 2021 TaxesSchedule
    Name:
    STEWARDSHIP FOUNDATION
    EIN:
    91-6020515
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 233,160 0   0
    FOREIGN TAXES 31,272 38,394   0