TY 2021 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go 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
HE ANDERSON FAMILY FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)6663 SW BEAVERTON HILLSDALE HWY 46
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
PORTLAND, OR97225

A Employer identification number

20-5425714

B Telephone number (see instructions)

(503) 784-2217

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$10,545,300J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	32,238		32,238
4	Dividends and interest from securities...	144,145		144,145
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		133,272
b	Gross sales price for all assets on line 6a 1,033,484
7	Capital gain net income (from Part IV, line 2)...			133,272
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	309,655		309,655
13	Compensation of officers, directors, trustees, etc.	29,472		0	29,472
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		9,250	1,850	7,400
c	Other professional fees (attach schedule)....		74,544	74,544	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		6,201	1,658	821
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		41	41	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	119,508		78,093	37,693
25	Contributions, gifts, grants paid.......	393,000			393,000
26	Total expenses and disbursements. Add lines 24 and 25	512,508		78,093	430,693
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-202,853
b	Net investment income (if negative, enter -0-)			231,562
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............		3	3
	2	Savings and temporary cash investments.........	364,968	280,182	280,182
	3	Accounts receivable 3,837
		Less: allowance for doubtful accounts	3,837	3,837	3,837
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	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).......	4,791,339	4,233,274	7,766,127
	c	Investments—corporate bonds (attach schedule).......	1,860,938	2,296,572	2,495,151
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	7,021,082	6,813,868	10,545,300
	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 )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	0	0
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	7,021,082	6,813,868
	29	Total net assets or fund balances (see instructions).....	7,021,082	6,813,868
	30	Total liabilities and net assets/fund balances (see instructions).	7,021,082	6,813,868

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

7,021,082

Enter amount from Part I, line 27a .....................

-202,853

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

6,818,229

Decreases not included in line 2 (itemize) bullet

4,361

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

6,813,868

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	RBC #76037 CAPITAL GAIN DISTRIBUTION
b	KEY BANK #51605 CAPITAL GAIN DISTRIBUTION
c	KEY BANK - #51605 - PUBLICLY TRADED STOCK - LONG TERM
d	RBC #76037 - PUBLICLY TRADED STOCK - LONG TERM
e	RBC #76037 - PUBLICLY TRADED STOCK - SHORT TERM

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	3,123		3,123
b	322		322
c	259,944	229,719	30,225
d	700,095	599,461	100,634
e	70,000	71,032	-1,032

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			3,123
b			322
c			30,225
d			100,634
e			-1,032

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	133,272
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 ...................		3

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 and enter “N/A" on line 1.
	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	3,219
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	3,219
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a	3,123
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	3,900
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	7,023
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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	3,804
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax3,804	Refunded	11	0

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2021)

Page 5

Part VI-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

GRETCHEN PILIP Telephone no. bullet

(503) 784-2217

Located at bullet

300 W 8TH STREET UNIT 407VANCOUVERWA ZIP+4 bullet

98660

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

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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? .............

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)):

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?....................

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2021)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check here ......... bullet

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).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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 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
GRETCHEN PILIP	PRESIDENT 40.00	29,472	0	0
6663 SW BEAVERTON HILLSDALE HWY 46 PORTLAND,OR97225	PRESIDENT 40.00	29,472	0	0

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...................				0

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
NONE

Total number of others receiving over $50,000 for professional services............. bullet

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


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


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2021)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

9,532,693

Average of monthly cash balances.......................

624,899

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

10,157,592

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

10,157,592

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

152,364

Net value of noncharitable-use assets. Subtract line 4 from line 3. .......

10,005,228

Minimum investment return. Enter 5% (0.05) of line 5................

500,261

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.)

Minimum investment return from Part IX, line 6..................

500,261

Tax on investment income for 2021 from Part V, line 5.......

3,219

Income tax for 2021. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

3,219

Distributable amount before adjustments. Subtract line 2c from line 1............

497,042

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

497,042

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

497,042

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.

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					497,042
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......
b From 2017......	10,542
c From 2018......	230,647
d From 2019......
e From 2020......
f Total of lines 3a through e ........		241,189
4Qualifying distributions for 2021 from Part
XI, line 4: $ 430,693
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.....					430,693
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2021.		66,349			66,349
(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		174,840
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) ...		0
9 Excess distributions carryover to 2022. Subtract lines 7 and 8 from line 6a ......		174,840
10 Analysis of line 9:
a Excess from 2017....
b Excess from 2018....	174,840
c Excess from 2019....
d Excess from 2020....
e Excess from 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 4942(j)(3) or4942(j)(5)

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	(e) Total

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).)

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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 (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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
PACIFIC LUTHERAN UNIVERSITY 12180 PARK AVE S TACOMA,WA98447	NONE	PC	GENERAL OPERATIONS	35,000
ST FRANCES CABRINI SCHOOL 5715 108TH ST SW LAKEWOOD,WA984992285	NONE	PC	GENERAL OPERATIONS	10,000
JUNIOR LEAGUE OF PORTLAND 1355 NW EVERETT ST SUITE 100 PORTLAND,OR97209	NONE	PC	GENERAL OPERATIONS	15,000
SAFE HAVEN OF TARRENT CO 1010 N CENTER STREET ARLINGTON,TX76011	NONE	PC	GENERAL OPERATIONS	10,000
UNIVERSITY CLUB FOUNDATION 1225 SW 6TH AVENUE PORTLAND,OR97204	NONE	PC	GENERAL OPERATIONS	20,000
REMEMBERING AMERICA'S HEROES PO BOX 586 CANBY,OR97013	NONE	PC	GENERAL OPERATIONS	3,000
MULTICARE FOUNDATIONS PO BOX 5299 TACOMA,WA98415	NONE	PC	GENERAL OPERATIONS	100,000
NORTHWEST ACADEMY 1130 SW MAIN ST PORTLAND,OR97205	NONE	PC	GENERAL OPERATIONS	6,000
NEIGHBORHOOD HOUSE - FOOD PANTRY 7780 SW CAPITAL HWY PORTLAND,OR97219	NONE	PC	GENERAL OPERATIONS	1,000
ST JUDE'S CHILDREN'S HOSPITAL 501 DANNY THOMAS PLACE MEMPHIS,TN38105	NONE	PC	GENERAL OPERATIONS	500
PACIFIC CREST COMMUNITY SCHOOL 116 NE 29TH AVENUE PORTLAND,OR97232	NONE	PC	GENERAL OPERATIONS	5,000
CHILDREN CENTER OF CLACKAMAS COUNTY 1713 PENN LANE OREGON CITY,OR97045	NONE	PC	GENERAL OPERATIONS	1,000
JUNIOR LEAGUE OF PORTLAND - ENDOWMENT FUND 1355 NW EVERETT ST SUITE 100 PORTLAND,OR97209	NONE	PC	GENERAL OPERATIONS	2,000
DON BOSCO - KANSAS CITY 580 CAMPBELL STREET KANSAS CITY,MO64106	NONE	PC	GENERAL OPERATIONS	500
UNIVERSITY PLACE PRESBYTERIAN CHURCH 8101 27TH STREET WEST UNIVERITY PLACE,WA98466	NONE	PC	GENERAL OPERATIONS	3,000
INDIGO RESCUE PO BOX 554 BEAVERTON,OR97075	NONE	PC	GENERAL OPERATIONS	1,000
BOYS AND GIRLS CLUB OF SOUTH PUGET 3875 SOUTH 66TH STREET TACOMA,WA98409	NONE	PC	GENERAL OPERATIONS	60,000
UNIVERSITY OF OREGON 1720 E 13TH AVE SUITE 410 EUGENE,OR974032253	NONE	PC	GENERAL OPERATIONS	100,000
ANNIE WRIGHT SCHOOLS 827 NORTH TACOMA AVENUE TACOMA,WA98409	NONE	PC	GENERAL OPERATIONS	20,000
Total ................................. 3a				393,000

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
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	32,238
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	133,272
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) ..		0		309,655	0

13Total. Add line 12, columns (b), (d), and (e)..................

309,655

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2021)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2021 AccountingFeesSchedule

Name:

HE ANDERSON FAMILY FOUNDATION

EIN:

20-5425714

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	9,250	1,850		7,400

- TIN:

TY 2021 InvestmentsCorpBondsSchedule

Name:

HE ANDERSON FAMILY FOUNDATION

EIN:

20-5425714

Name of Bond	End of Year Book Value	End of Year Fair Market Value
NORTHERN LTD FD TR	288,580	284,390
FIRST TRUST SENIOR LOAN FUND ETF	70,686	71,880
GOLDMAN SACHS ETF TRUST	200,158	200,080
FIRST TRUST EXCHANGE TRADED FUND IV FIRST TRUST TACTICAL HIGH YIELD ETF	71,650	71,775
INTL BUSINESS MACHINES CORP	50,536	52,240
SANTANDER UK PLC	76,029	77,552
ORACLE CORP	76,590	77,901
GOLDMAN SACHS BANK USA CD CLL	54,292	67,815
CAPITAL ONE FINL CORP	74,018	80,467
BAXTER INTL INC	75,438	77,764
ARIZONA PUBLIC SERVICE CO	77,117	73,301
GENERAL MTRS FINL CO INC	44,000	53,500
ALLSPRING GLOBAL DIVIDEND	22,941	29,450
BARCLAYS BANK PLC	49,750	45,765
BARCLAYS BANK PLC	99,500	97,600
CITIGROUP GMH INC.	199,000	202,220
CITIGROUP GMH INC.	49,750	49,045
CITIGROUP INC.	96,500	161,670
CREDIT SUISSE AG	49,875	73,095
CREDIT SUISSE AG	49,800	48,415
GS FINANCE CORP	99,750	102,997
GS FINANCE CORP .6	55,397	80,270
JP MORGAN CHASE FINANCIAL CO.	99,500	94,920
MORGAN STANLEY FINANCE LLC	99,500	101,255
MORGAN STANLEY FINANCE LLC	49,750	48,908
ARES CAPITAL CORPORATION	68,759	84,760
DIGITAL REALTY TRUST INC	19,100	62,081
NATIONAL RETAIL PROPERTIES INC	28,606	24,035

- TIN:

TY 2021 InvestmentsCorpStockSchedule

Name:

HE ANDERSON FAMILY FOUNDATION

EIN:

20-5425714

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ALLSTATE CORP	13,848	32,118
ALPHABET INCO CLASS C CAPITAL STOCK	98,614	260,423
ALPHABET INCO CLASS A CAPITAL STOCK	24,073	92,705
AMAZON.COM INC	135,701	266,747
AMERICAN WTR WKS CO INC	8,293	63,457
AMERIPRISE FINL INC	6,730	15,083
AMGEN INC	63,445	74,240
AMPHENOL CORPORATION CLASS A COM	24,092	43,730
APPLE INC	47,267	191,775
AUTOMATIC DATA PROCESSING INC	8,349	28,110
BANK OF AMERICA CORP	5,665	8,898
BERKSHIRE HATHAWAY INC DEL CL B	24,765	50,830
BLACKROCK INC	18,349	57,680
BOOKING HOLDINGS INC	22,985	33,589
CISCO SYSTEMS INC	44,227	114,383
COMCAST CORP	12,561	15,099
COSTCO WHOLESALE CORPNEW	30,419	56,770
CUMMINS INC	34,826	34,248
EMERSON ELECTRIC CO	62,486	83,673
FREEPORT MCMORAN INC	5,170	20,865
HOME DEPOT INC	9,525	20,751
INTEL CORP	24,884	52,788
INTUIT INC	16,136	41,809
INTUITIVE SURGICAL INC	19,575	43,116
INVESCO EXCHANGE TRADED FUND	196,965	280,744
INVESCO QQQ TR UNIT SER 1	136,189	318,280
ISHARES CORE S&P 500 ETF	86,195	143,097
ISHARES RUSSELL MID CAP ETF	164,004	310,125
ISHARES RUSSELL 2000 ETF	168,223	309,873
JOHNSON & JOHNSON	66,144	126,763
JPMORGAN CHASE & CO	24,750	110,687
LOCKHEED MARTIN CORP	15,896	43,715
MASTERCARD INCORPORATED	37,177	53,898
MCDONALDS CORP	110,429	235,902
MERCK & CO INC	45,274	72,731
META PLATFORMS INC	95,120	201,810
MICRON TECHNOLOGY INC	64,499	158,355
MICROSOFT CORP	88,348	464,122
NETFLIX INC	9,666	18,073
NEXTERA ENERGY INC	74,099	184,479
NUCOR CORP	64,759	125,565
ORGANON & CO	2,246	2,862
OWENS CORNING	31,291	37,286
PARKER HANNIFIN CORP	41,666	48,354
PEPSICO INC	20,477	40,822
PFIZER INC	20,680	54,326
PHILIP MORRIS INTERNATIONAL INC	64,570	71,250
PROCTER & GAMBLE CO	39,029	79,500
QUALCOMM INC	63,542	182,870
SPDR S&P 500 ETF TRUST	277,352	474,960
SPDR SER TR S&P BIOTECH ETF	50,720	59,338
TEXAS INSTRUMENTS INCORPORATED	62,237	122,506
THE TRAVELERS COMPANIES INC	10,082	26,437
UNITEDHEALTH GROUP INC	64,373	125,535
US BANKCORP DEL COM	62,339	67,404
VERIZON COMMUNICATIONS	53,384	57,883
WALMART INC	14,955	28,359
WALT DISNEY CO	13,243	15,489
ZOETIS INC	13,540	38,800
3M COMPANY	63,651	58,618
ALIBABA GROUP HOLDING LTD	106,316	83,153
CAMECO CORP	44,091	102,180
ISHARES CORE MSCI EMERGING	222,659	269,609
ISHARES MSCI EAFE ETF	303,067	393,400
MFS RESEARCH INTERNATIONAL	75,409	124,590
T ROWE PRICE INTL FUNDS INC	27,289	27,404
TORONTO-DOMINION BANK	61,803	84,348
VANGUARD FTSE DEVELOPED	49,921	63,825
VANGUARD FTSE EMERGING MARKETS	70,121	82,400
WESTPAC BANKING CORPORATION SPONSORED ADR	73,905	61,680
WHEATON PRECIOUS METALS	19,594	19,833

- TIN:

TY 2021 OtherDecreasesSchedule

Name:

HE ANDERSON FAMILY FOUNDATION

EIN:

20-5425714

Description	Amount
TIMING DIFFERENCES	4,361

- TIN:

TY 2021 OtherExpensesSchedule

Name:

HE ANDERSON FAMILY FOUNDATION

EIN:

20-5425714

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
SUPPLIES	41	41		0

- TIN:

TY 2021 OtherProfessionalFeesSchedule

Name:

HE ANDERSON FAMILY FOUNDATION

EIN:

20-5425714

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES	74,544	74,544		0

- TIN:

TY 2021 TaxesSchedule

Name:

HE ANDERSON FAMILY FOUNDATION

EIN:

20-5425714

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
FOREIGN TAX PAID	1,658	1,658	0
PAYROLL TAXES	821	0	821
FEDERAL INCOME TAXES	3,722	0	0