Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 07-01-2020 , and ending 06-30-2021
Name of foundation
FOREST 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

91-6020514
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$32,593,944J 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) 20,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 132 132  
4 Dividends and interest from securities... 276,240 276,240  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,963,599
b Gross sales price for all assets on line 6a 3,411,283
7 Capital gain net income (from Part IV, line 2)... 1,004,823
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 115,270 30,747  
12 Total. Add lines 1 through 11........ 2,375,241 1,311,942  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 25,000 12,500   12,500
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 812 0   812
b Accounting fees (attach schedule)....... Click to see attachment 103,321 14,656   87,165
c Other professional fees (attach schedule).... Click to see attachment 316,346 63,651   252,695
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 122,366 7,096   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 16,790 106   16,684
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 584,635 98,009   369,856
25 Contributions, gifts, grants paid....... 1,001,500 1,001,500
26 Total expenses and disbursements. Add lines 24 and 25 1,586,135 98,009   1,371,356
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 789,106
b Net investment income (if negative, enter -0-) 1,213,933
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 185,168 200,074 200,074
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)....... 7,633,236 Click to see attachment8,580,131 13,141,100
c Investments—corporate bonds (attach schedule)....... 2,217,222 Click to see attachment2,990,079 3,461,998
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 10,836,297 Click to see attachment10,140,783 15,756,772
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment6,000 Click to see attachment6,000 Click to see attachment34,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 20,877,923 21,917,067 32,593,944
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........ 20,877,923 21,917,067
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)..... 20,877,923 21,917,067
30 Total liabilities and net assets/fund balances (see instructions). 20,877,923 21,917,067
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
20,877,923
2
Enter amount from Part I, line 27a .....................
2
789,106
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
250,039
4
Add lines 1, 2, and 3 ..........................
4
21,917,068
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
21,917,067
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a INVESTMENT PARTNERSHIPS - SHORT TERM P    
b INVESTMENT PARTNERSHIPS - LONG TERM P    
c BNY - ST SALES P    
d BNY - LT SALES P    
e BNY - WASH SALES P    
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a     50,112 -50,112
b 765,412     765,412
c 1,264,204   1,167,811 96,393
d 1,277,889   1,191,543 86,346
e       3,006
103,778     103,778
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       -50,112
b       765,412
c       96,393
d       86,346
e       3,006
      103,778
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,004,823
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 16,874
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 16,874
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 16,874
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 53,458
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 53,458
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 36,584
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet0 RefundedBullet 11 36,584
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletWA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletFORESTFOUND.ORG
    14
    The books are in care ofbulletFIDUCIARY COUNSELLING INC Telephone no.bullet (253) 272-8336

    Located atbullet1145 BROADWAY SUITE 1500TACOMAWA ZIP+4bullet98402
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    GAIL T WEYERHAEUSER PRESIDENT, TREASURER
    3.00     		25,000 0 0
    PO BOX 1278
    TACOMA,WA98401
    BRIAN F BOYD EXECUTIVE DIRECTOR
    20.00     		0 0 0
    PO BOX 1278
    TACOMA,WA98401
    WILLIAM T WEYERHAEUSER DIRECTOR
    1.00     		0 0 0
    PO BOX 1278
    TACOMA,WA98401
    W DREW WEYERHAEUSER DIRECTOR
    1.00     		0 0 0
    PO BOX 1278
    TACOMA,WA98401
    BENJAMIN D WEYERHAEUSER VICE PRESIDENT
    1.00     		0 0 0
    PO BOX 1278
    TACOMA,WA98401
    JOHN KEOLKER SECRETARY
    1.00     		0 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 (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    GRANTMAKER CONSULTANTS INC GRANTMAKING 252,695
    1250 PACIFIC AVENUE SUITE 870
    TACOMA,WA98402
    FIDUCIARY COUNSELLING INC ACCTG, TAX, & INVEST 101,819
    P O BOX 1278
    TACOMA,WA98401
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    14,797,302
    b
    Average of monthly cash balances.......................
    1b
    1,014,317
    c
    Fair market value of all other assets (see instructions)................
    1c
    13,916,332
    d
    Total (add lines 1a, b, and c).........................
    1d
    29,727,951
    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
    29,727,951
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    445,919
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    29,282,032
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,464,102
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,464,102
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    16,874
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    16,874
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,447,228
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,447,228
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,447,228
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,371,356
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,371,356
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,371,356
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 1,447,228
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 1,139,250
    b From 2016...... 194,727
    c From 2017...... 35,598
    d From 2018...... 606,124
    e From 2019...... 273,692
    fTotal of lines 3a through e........ 2,249,391
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,371,356
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 1,371,356
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 75,872 75,872
    (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 2,173,519
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		1,063,378
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		1,110,141
    10 Analysis of line 9:
    a Excess from 2016.... 194,727
    b Excess from 2017.... 35,598
    c Excess from 2018.... 606,124
    d Excess from 2019.... 273,692
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    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:
    APPLICATIONS SHOULD BE SUBMITTED ON
    1250 PACIFIC AVENUE SUITE 870
    TACOMA,WA98402
    (253) 627-1634
    bThe form in which applications should be submitted and information and materials they should include:
    GO TO WWW.FORESTFOUND.ORG WEBSITE, CLICK "BEGIN APPLICATION", CLICK "APPLY", AND SUBMIT A "LETTER OF INQUIRY" THROUGH THE ONLINE APPLICATION PROCESS.
    cAny submission deadlines:
    GO TO WEBSITE, CLICK "GUIDELINES" LINK, THEN CLICK "APPLICATION TIMELINE" LINK
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SEE ATTACHED "FOREST FOUNDATION MISSION & OTHER FOUNDATION DETAILS"
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    DIABETES ASSOCIATION OF PIERCE COUNTY
    PO BOX 110427
    TACOMA,WA98411     		NONE PUBLIC CHARITY OPERATING SUPPORT - PANTHER DAY CAMP 1,000
    EDGE FOUNDATION
    2017 FAIRVIEW AVE E UNIT I
    SEATTLE,WA98102     		NONE PUBLIC CHARITY OPERATING SUPPORT - EDGE COACHING PROGRAM FOR LOW INCOME, AT-RISK TACOMA PUBLIC SCHOOL STUDENTS 10,000
    MUSCULAR DYSTROPHY ASSOCIATION
    21905 64TH AVE W STE 301B
    MOUNTLAKE TERRACE,WA98043     		NONE PUBLIC CHARITY OPERATING SUPPORT - SUMMER CAMP 1,000
    PIERCE COUNTY PARKS AND RECREATION
    9112 LAKEWOOD DR SW
    LAKEWOOD,WA98499     		NONE PUBLIC CHARITY OPERATING SUPPORT - SUMMER DAY CAMP 1,000
    REACH DBA REACH MINISTRIES
    309 SOUTH G STREET SUITE 3
    TACOMA,WA98405     		NONE PUBLIC CHARITY OPERATING SUPPORT - REACH CAMP 1,000
    UNIVERSITY OF WASHINGTON FOUNDATION
    BOX 359505
    SEATTLE,WA98195     		NONE PUBLIC CHARITY CAPITAL - DRESSEL SCHOLARS PROGRAM 50,000
    A STEP AHEAD IN PIERCE CO
    10324 CANYON RD E SUITE 203
    PUYALLUP,WA98373     		NONE PUBLIC CHARITY OPERATING SUPPORT - BOOST PROGRAM 5,000
    DEGREES OF CHANGE
    PO BOX 1573
    TACOMA,WA98401     		NONE PUBLIC CHARITY OPERATING SUPPORT - SIX LOCAL PROGRAM SUPPORT 10,000
    DEGREES OF CHANGE
    PO BOX 1573
    TACOMA,WA98401     		NONE PUBLIC CHARITY OPERATING SUPPORT - TACOMA COMPLETES 15,000
    SEXUAL ASSAULT CENTER OF PIERCE COUNTY
    101 EAST 26TH STREET SUITE 200
    TACOMA,WA98421     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000
    AMERICAN LEADERSHIP FORUM TACOMAPIERCE COUNTY
    1119 PACIFIC AVENUE SUITE 801 PO
    BOX 1914
    TACOMA,WA98402     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 12,000
    BIG BROTHERS BIG SISTERS OF PUGET SOUND
    1600 S GRAHAM ST
    SEATTLE,WA98108     		NONE PUBLIC CHARITY ONE-TO-ONE MENTORING IN PIERCE COUNTY AND CAPACITY BUILDING 25,000
    HILLTOP ARTISTS
    PO BOX 6829
    TACOMA,WA98417     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000
    MUSEUM OF GLASS
    1801 DOCK STREET
    TACOMA,WA98402     		NONE PUBLIC CHARITY OPERATING SUPPORT - RED HOT 15,000
    SYMPHONY TACOMA
    901 BROADWAY STE 600
    TACOMA,WA98402     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 30,000
    TACOMA ARTS LIVE
    901 BROADWAY SUITE 700
    TACOMA,WA98402     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 35,000
    TACOMA OPERA ASSOCIATION
    47 ST HELENS AVENUE SUITE 201
    TACOMA,WA98402     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 20,000
    TACOMA YOUTH CHORUS
    4009 BRIDGEPORT WAY W - SUITE F
    TACOMA,WA98464     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000
    CITIZENS FOR A HEALTHY BAY
    535 DOCK STREET SUITE 213
    TACOMA,WA98402     		NONE PUBLIC CHARITY MOBILIZING DIVERSE ENVIR. ADV. TO STOP IND. POLLUTION IN COMMENCEMENT BAY 5,000
    TACOMA ART MUSEUM
    1701 PACIFIC AVENUE
    TACOMA,WA98402     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 60,000
    TACOMA PIERCE COUNTY CHAPLAINCY
    PO BOX 731055
    PUYALLUP,WA98373     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000
    TACOMA YOUTH SYMPHONY
    901 BROADWAY SUITE 500
    TACOMA,WA98402     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 20,000
    THE CENTER FOR DIALOG & RESOLUTION
    717 TACOMA AVENUE SOUTH
    TACOMA,WA98402     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 7,500
    CATHOLIC COMMUNITY SERVICES OF WESTERN WASHINGTON
    1323 SOUTH YAKIMA
    TACOMA,WA98405     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 30,000
    COLLEGE SUCCESS FOUNDATION
    950 PACIFIC AVE SUITE 1250
    TACOMA,WA98402     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 40,000
    NEW PHOEBE HOUSE ASSOCIATION
    PO BOX 5245
    TACOMA,WA98415     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000
    PALMER SCHOLARS
    PO BOX 7119
    TACOMA,WA98417     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 25,000
    THIRD SECTOR NEW ENGLAND INC
    89 SOUTH STREET SUITE 700
    BOSTON,MA02111     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT - AWHWA 10,000
    COMMUNITIES IN SCHOOLS OF TACOMA
    2141 SOUTH J STREET
    TACOMA,WA98405     		NONE PUBLIC CHARITY OPERATING SUPPORT - POWER UP! SPARKING STUDENT CREATIVITY 10,000
    SEATTLE REPERTORY THEATRE
    155 MERCER ST PO BOX 900923
    SEATTLE,WA98109     		NONE PUBLIC CHARITY OPERATING SUPPORT - AUGUST WILSON MONOLOGUE COMPETITION 4,000
    GREENTRIKE
    1501 PACIFIC AVE STE 202
    TACOMA,WA98402     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 6,000
    HELPING HAND HOUSE
    4321 2ND STREET SW
    PUYALLUP,WA98373     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 15,000
    MUSEUM OF GLASS
    1801 DOCK STREET
    TACOMA,WA98402     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 70,000
    PEACE COMMUNITY CENTER
    2106 SOUTH CUSHMAN AVENUE
    TACOMA,WA98405     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000
    UNIVERSITY OF WASHINGTON FOUNDATION
    BOX 359505
    SEATTLE,WA98195     		NONE PUBLIC CHARITY OPERATING - PEDIATRIC ADOLESCENT TRANSITION CLINIC AT UW MEDICINE 62,500
    YWCA PIERCE COUNTY
    405 BROADWAY
    TACOMA,WA98402     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 20,000
    NORTHWEST SINFONIETTA
    PO BOX 1154
    TACOMA,WA98401     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 20,000
    CONNECTIONS
    514 E BROADWAY AVE
    MONTESANO,WA98563     		NONE PUBLIC CHARITY OPERATING SUPPORT - BEHAVIORAL HEALTH AGENCY PROJECT 10,000
    FULLER THEOLOGICAL SEMINARY
    135 N OAKLAND AVE
    PASADENA,CA91101     		NONE PUBLIC CHARITY OPERATING SUPPORT - PRESIDENTIAL CHAIR ENDOWMENT FUND 50,000
    GREENTRIKE
    1501 PACIFIC AVE STE 202
    TACOMA,WA98402     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000
    SOUND OUTREACH
    1106 MARTIN LUTHER KING JR WAY
    TACOMA,WA98405     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 8,000
    THE MOCKINGBIRD SOCIETY
    2100 24TH AVE S 240
    SEATTLE,WA98144     		NONE PUBLIC CHARITY OPERATING - MOCKINGBIRD YOUTH NETWORK 5,000
    TACOMA PIERCE COUNTY CHAPLAINCY
    PO BOX 731055
    PUYALLUP,WA98373     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000
    FOSS WATERWAY SEAPORT
    705 DOCK ST
    TACOMA,WA98402     		NONE PUBLIC CHARITY OPERATING SUPPORT - SCIENCE ON THE SEA PROGRAM 8,000
    NEW PHOEBE HOUSE ASSOCIATION
    PO BOX 5245
    TACOMA,WA98415     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000
    NORTHWEST IMMIGRANT RIGHTS PROJECT
    615 2ND AVE STE 400
    SEATTLE,WA98104     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 20,000
    ST FRANCIS HOUSE
    PO BOX 156
    PUYALLUP,WA98371     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 5,000
    TED BROWN MUSIC OUTREACH
    6228 TACOMA MALL BLVD
    TACOMA,WA98409     		NONE PUBLIC CHARITY OPERATING SUPPORT - DONATED INSTRUMENT REPAIR 3,000
    VIRGINIA MASON FOUNDATION
    1218 TERRY AVE PO BOX 1930 D1-MF
    SEATTLE,WA98101     		NONE PUBLIC CHARITY OPERATING - POSTDOCTORAL FELLOWSHIP IN SYSTEMS IMMUNOLOGY AT BENAROYA RESEARCH INSTITUTE 50,000
    AMARA PARENTING & ADOPTION SERVICES
    5907 MARTIN LUTHER KING JR WAY
    SOUTH
    SEATTLE,WA98118     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 8,000
    EXODUS HOUSING
    15318 WASHINGTON STREET SUITE 102
    SUMNER,WA98390     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000
    GIG HARBOR PENINSULA FISH
    4425 BURNHAM DRIVE
    GIG HARBOR,WA98332     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000
    TACOMA COMMUNITY HOUSE
    1314 SOUTH L STREET
    TACOMA,WA98405     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 15,000
    TACOMA REFUGEE CHOIR
    PO BOX 2321
    TACOMA,WA98401     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 2,500
    REACH DBA REACH MINISTRIES
    309 SOUTH G STREET SUITE 3
    TACOMA,WA98405     		NONE PUBLIC CHARITY OPERATING SUPPORT - REACH CAMP 2,000
    TRINITY PRESBYTERIAN CHURCH
    1615 6TH AVE
    TACOMA,WA98405     		NONE PUBLIC CHARITY OPERATING SUPPORT - EDUCATIONAL PROGRAMS 4,000
    BOYS AND GIRLS CLUBS OF SOUTH PUGET SOUND
    3875 S 66TH STREET
    TACOMA,WA98409     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 45,000
    FRIENDS OF LAKEWOLD
    PO BOX 39780
    LAKEWOOD,WA98496     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000
    WASHINGTON TRAILS ASSOCIATION
    705 SECOND AVE STE 300
    SEATTLE,WA98104     		NONE PUBLIC CHARITY OPERATING SUPPORT - CREATING A SUSTAINABLE TRAIL SYSTEM IN PIERCE COUNTY 10,000
    Total .................................bullet 3a 1,001,500
    bApproved for future payment
    CASCADE REGIONAL BLOOD SERVICES
    PO BOX 2113
    TACOMA,WA98401     		NONE PUBLIC CHARITY COMMUNITY BUILDING AND DEVELOPMENT 10,000
    THE MUSTARD SEED PROJECT
    9016 154TH AVENUE CT NW
    LAKEBAY,WA98349     		NONE PUBLIC CHARITY COMMUNITY BUILDING AND DEVELOPMENT 15,000
    SEATTLE OPERA
    363 MERCER STREET
    SEATTLE,WA98109     		NONE PUBLIC CHARITY CULTURE AND THE ARTS 100,000
    OLYMPIA FILM SOCIETY
    206 5TH AVENUE SE
    OLYMPIA,WA98501     		NONE PUBLIC CHARITY CULTURE AND THE ARTS 10,000
    EATONVILLE AREA COUNCIL
    305 WEST CENTER STREET
    EATONVILLE,WA98328     		NONE PUBLIC CHARITY SELF-SUFFICIENCY 10,000
    SAINTS PANTRY FOOD BANK
    P O BOX 1064
    SHELTON,WA98584     		NONE PUBLIC CHARITY SELF-SUFFICIENCY 5,000
    COMPREHENSIVE LIFE RESOURCES
    1305 TACOMA AVENUE S
    TACOMA,WA98402     		NONE PUBLIC CHARITY SELF-SUFFICIENCY 23,500
    UNIVERSITY OF WASHINGTON FOUNDATION
    BOX 359505
    SEATTLE,WA98195     		NONE PUBLIC CHARITY CHILDREN AND YOUTH DEVELOPMENT 62,500
    FULLER THEOLOGICAL SEMINARY
    135 N OAKLAND AVE
    PASADENA,CA91101     		NONE PUBLIC CHARITY EDUCATION 50,000
    VIRGINIA MASON FOUNDATION
    1218 TERRY AVE PO BOX 1930 D1-MF
    SEATTLE,WA98101     		NONE PUBLIC CHARITY COMMUNITY BUILDING AND DEVELOPMENT 50,000
    FULLER THEOLOGICAL SEMINARY
    135 N OAKLAND AVE
    PASADENA,CA91101     		NONE PUBLIC CHARITY EDUCATION 50,000
    Total .................................bullet 3b 386,000
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 132  
    4 Dividends and interest from securities....     14 276,240  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 1,963,599  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aFEDERAL EXCISE TAX     		    01 93,156  
    bFEDERAL UBTI TAX     01 22,114  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 2,355,241 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,355,241
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    Form 990PF Part XV Line 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
    DIABETES ASSOCIATION OF PIERCE COUNTYPO BOX 110427
    TACOMA,WA98411     		NONE PUBLIC CHARITY OPERATING SUPPORT - PANTHER DAY CAMP 1,000
    EDGE FOUNDATION2017 FAIRVIEW AVE E UNIT I
    SEATTLE,WA98102     		NONE PUBLIC CHARITY OPERATING SUPPORT - EDGE COACHING PROGRAM FOR LOW INCOME, AT-RISK TACOMA PUBLIC SCHOOL STUDENTS 10,000
    MUSCULAR DYSTROPHY ASSOCIATION21905 64TH AVE W STE 301B
    MOUNTLAKE TERRACE,WA98043     		NONE PUBLIC CHARITY OPERATING SUPPORT - SUMMER CAMP 1,000
    PIERCE COUNTY PARKS AND RECREATION9112 LAKEWOOD DR SW
    LAKEWOOD,WA98499     		NONE PUBLIC CHARITY OPERATING SUPPORT - SUMMER DAY CAMP 1,000
    REACH DBA REACH MINISTRIES309 SOUTH G STREET SUITE 3
    TACOMA,WA98405     		NONE PUBLIC CHARITY OPERATING SUPPORT - REACH CAMP 1,000
    UNIVERSITY OF WASHINGTON FOUNDATIONBOX 359505
    SEATTLE,WA98195     		NONE PUBLIC CHARITY CAPITAL - DRESSEL SCHOLARS PROGRAM 50,000
    A STEP AHEAD IN PIERCE CO10324 CANYON RD E SUITE 203
    PUYALLUP,WA98373     		NONE PUBLIC CHARITY OPERATING SUPPORT - BOOST PROGRAM 5,000
    DEGREES OF CHANGEPO BOX 1573
    TACOMA,WA98401     		NONE PUBLIC CHARITY OPERATING SUPPORT - SIX LOCAL PROGRAM SUPPORT 10,000
    DEGREES OF CHANGEPO BOX 1573
    TACOMA,WA98401     		NONE PUBLIC CHARITY OPERATING SUPPORT - TACOMA COMPLETES 15,000
    SEXUAL ASSAULT CENTER OF PIERCE COUNTY101 EAST 26TH STREET SUITE 200
    TACOMA,WA98421     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000
    AMERICAN LEADERSHIP FORUM TACOMAPIERCE COUNTY1119 PACIFIC AVENUE SUITE 801 PO
    BOX 1914
    TACOMA,WA98402     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 12,000
    BIG BROTHERS BIG SISTERS OF PUGET SOUND1600 S GRAHAM ST
    SEATTLE,WA98108     		NONE PUBLIC CHARITY ONE-TO-ONE MENTORING IN PIERCE COUNTY AND CAPACITY BUILDING 25,000
    HILLTOP ARTISTSPO BOX 6829
    TACOMA,WA98417     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000
    MUSEUM OF GLASS1801 DOCK STREET
    TACOMA,WA98402     		NONE PUBLIC CHARITY OPERATING SUPPORT - RED HOT 15,000
    SYMPHONY TACOMA901 BROADWAY STE 600
    TACOMA,WA98402     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 30,000
    TACOMA ARTS LIVE901 BROADWAY SUITE 700
    TACOMA,WA98402     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 35,000
    TACOMA OPERA ASSOCIATION47 ST HELENS AVENUE SUITE 201
    TACOMA,WA98402     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 20,000
    TACOMA YOUTH CHORUS4009 BRIDGEPORT WAY W - SUITE F
    TACOMA,WA98464     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000
    CITIZENS FOR A HEALTHY BAY535 DOCK STREET SUITE 213
    TACOMA,WA98402     		NONE PUBLIC CHARITY MOBILIZING DIVERSE ENVIR. ADV. TO STOP IND. POLLUTION IN COMMENCEMENT BAY 5,000
    TACOMA ART MUSEUM1701 PACIFIC AVENUE
    TACOMA,WA98402     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 60,000
    TACOMA PIERCE COUNTY CHAPLAINCYPO BOX 731055
    PUYALLUP,WA98373     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000
    TACOMA YOUTH SYMPHONY901 BROADWAY SUITE 500
    TACOMA,WA98402     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 20,000
    THE CENTER FOR DIALOG & RESOLUTION717 TACOMA AVENUE SOUTH
    TACOMA,WA98402     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 7,500
    CATHOLIC COMMUNITY SERVICES OF WESTERN WASHINGTON1323 SOUTH YAKIMA
    TACOMA,WA98405     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 30,000
    COLLEGE SUCCESS FOUNDATION950 PACIFIC AVE SUITE 1250
    TACOMA,WA98402     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 40,000
    NEW PHOEBE HOUSE ASSOCIATIONPO BOX 5245
    TACOMA,WA98415     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000
    PALMER SCHOLARSPO BOX 7119
    TACOMA,WA98417     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 25,000
    THIRD SECTOR NEW ENGLAND INC89 SOUTH STREET SUITE 700
    BOSTON,MA02111     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT - AWHWA 10,000
    COMMUNITIES IN SCHOOLS OF TACOMA2141 SOUTH J STREET
    TACOMA,WA98405     		NONE PUBLIC CHARITY OPERATING SUPPORT - POWER UP! SPARKING STUDENT CREATIVITY 10,000
    SEATTLE REPERTORY THEATRE155 MERCER ST PO BOX 900923
    SEATTLE,WA98109     		NONE PUBLIC CHARITY OPERATING SUPPORT - AUGUST WILSON MONOLOGUE COMPETITION 4,000
    GREENTRIKE1501 PACIFIC AVE STE 202
    TACOMA,WA98402     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 6,000
    HELPING HAND HOUSE4321 2ND STREET SW
    PUYALLUP,WA98373     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 15,000
    MUSEUM OF GLASS1801 DOCK STREET
    TACOMA,WA98402     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 70,000
    PEACE COMMUNITY CENTER2106 SOUTH CUSHMAN AVENUE
    TACOMA,WA98405     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000
    UNIVERSITY OF WASHINGTON FOUNDATIONBOX 359505
    SEATTLE,WA98195     		NONE PUBLIC CHARITY OPERATING - PEDIATRIC ADOLESCENT TRANSITION CLINIC AT UW MEDICINE 62,500
    YWCA PIERCE COUNTY405 BROADWAY
    TACOMA,WA98402     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 20,000
    NORTHWEST SINFONIETTAPO BOX 1154
    TACOMA,WA98401     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 20,000
    CONNECTIONS514 E BROADWAY AVE
    MONTESANO,WA98563     		NONE PUBLIC CHARITY OPERATING SUPPORT - BEHAVIORAL HEALTH AGENCY PROJECT 10,000
    FULLER THEOLOGICAL SEMINARY135 N OAKLAND AVE
    PASADENA,CA91101     		NONE PUBLIC CHARITY OPERATING SUPPORT - PRESIDENTIAL CHAIR ENDOWMENT FUND 50,000
    GREENTRIKE1501 PACIFIC AVE STE 202
    TACOMA,WA98402     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000
    SOUND OUTREACH1106 MARTIN LUTHER KING JR WAY
    TACOMA,WA98405     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 8,000
    THE MOCKINGBIRD SOCIETY2100 24TH AVE S 240
    SEATTLE,WA98144     		NONE PUBLIC CHARITY OPERATING - MOCKINGBIRD YOUTH NETWORK 5,000
    TACOMA PIERCE COUNTY CHAPLAINCYPO BOX 731055
    PUYALLUP,WA98373     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000
    FOSS WATERWAY SEAPORT705 DOCK ST
    TACOMA,WA98402     		NONE PUBLIC CHARITY OPERATING SUPPORT - SCIENCE ON THE SEA PROGRAM 8,000
    NEW PHOEBE HOUSE ASSOCIATIONPO BOX 5245
    TACOMA,WA98415     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000
    NORTHWEST IMMIGRANT RIGHTS PROJECT615 2ND AVE STE 400
    SEATTLE,WA98104     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 20,000
    ST FRANCIS HOUSEPO BOX 156
    PUYALLUP,WA98371     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 5,000
    TED BROWN MUSIC OUTREACH6228 TACOMA MALL BLVD
    TACOMA,WA98409     		NONE PUBLIC CHARITY OPERATING SUPPORT - DONATED INSTRUMENT REPAIR 3,000
    VIRGINIA MASON FOUNDATION1218 TERRY AVE PO BOX 1930 D1-MF
    SEATTLE,WA98101     		NONE PUBLIC CHARITY OPERATING - POSTDOCTORAL FELLOWSHIP IN SYSTEMS IMMUNOLOGY AT BENAROYA RESEARCH INSTITUTE 50,000
    AMARA PARENTING & ADOPTION SERVICES5907 MARTIN LUTHER KING JR WAY
    SOUTH
    SEATTLE,WA98118     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 8,000
    EXODUS HOUSING15318 WASHINGTON STREET SUITE 102
    SUMNER,WA98390     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000
    GIG HARBOR PENINSULA FISH4425 BURNHAM DRIVE
    GIG HARBOR,WA98332     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000
    TACOMA COMMUNITY HOUSE1314 SOUTH L STREET
    TACOMA,WA98405     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 15,000
    TACOMA REFUGEE CHOIRPO BOX 2321
    TACOMA,WA98401     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 2,500
    REACH DBA REACH MINISTRIES309 SOUTH G STREET SUITE 3
    TACOMA,WA98405     		NONE PUBLIC CHARITY OPERATING SUPPORT - REACH CAMP 2,000
    TRINITY PRESBYTERIAN CHURCH1615 6TH AVE
    TACOMA,WA98405     		NONE PUBLIC CHARITY OPERATING SUPPORT - EDUCATIONAL PROGRAMS 4,000
    BOYS AND GIRLS CLUBS OF SOUTH PUGET SOUND3875 S 66TH STREET
    TACOMA,WA98409     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 45,000
    FRIENDS OF LAKEWOLDPO BOX 39780
    LAKEWOOD,WA98496     		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000
    WASHINGTON TRAILS ASSOCIATION705 SECOND AVE STE 300
    SEATTLE,WA98104     		NONE PUBLIC CHARITY OPERATING SUPPORT - CREATING A SUSTAINABLE TRAIL SYSTEM IN PIERCE COUNTY 10,000
    Total ...............................bullet 3a 1,001,500
    bApproved for future payment
    CASCADE REGIONAL BLOOD SERVICESPO BOX 2113
    TACOMA,WA98401     		NONE PUBLIC CHARITY COMMUNITY BUILDING AND DEVELOPMENT 10,000
    THE MUSTARD SEED PROJECT9016 154TH AVENUE CT NW
    LAKEBAY,WA98349     		NONE PUBLIC CHARITY COMMUNITY BUILDING AND DEVELOPMENT 15,000
    SEATTLE OPERA363 MERCER STREET
    SEATTLE,WA98109     		NONE PUBLIC CHARITY CULTURE AND THE ARTS 100,000
    OLYMPIA FILM SOCIETY206 5TH AVENUE SE
    OLYMPIA,WA98501     		NONE PUBLIC CHARITY CULTURE AND THE ARTS 10,000
    EATONVILLE AREA COUNCIL305 WEST CENTER STREET
    EATONVILLE,WA98328     		NONE PUBLIC CHARITY SELF-SUFFICIENCY 10,000
    SAINTS PANTRY FOOD BANKP O BOX 1064
    SHELTON,WA98584     		NONE PUBLIC CHARITY SELF-SUFFICIENCY 5,000
    COMPREHENSIVE LIFE RESOURCES1305 TACOMA AVENUE S
    TACOMA,WA98402     		NONE PUBLIC CHARITY SELF-SUFFICIENCY 23,500
    UNIVERSITY OF WASHINGTON FOUNDATIONBOX 359505
    SEATTLE,WA98195     		NONE PUBLIC CHARITY CHILDREN AND YOUTH DEVELOPMENT 62,500
    FULLER THEOLOGICAL SEMINARY135 N OAKLAND AVE
    PASADENA,CA91101     		NONE PUBLIC CHARITY EDUCATION 50,000
    VIRGINIA MASON FOUNDATION1218 TERRY AVE PO BOX 1930 D1-MF
    SEATTLE,WA98101     		NONE PUBLIC CHARITY COMMUNITY BUILDING AND DEVELOPMENT 50,000
    FULLER THEOLOGICAL SEMINARY135 N OAKLAND AVE
    PASADENA,CA91101     		NONE PUBLIC CHARITY EDUCATION 50,000
    Total ................................bullet 3b 386,000

    TY 2020 AccountingFeesSchedule
    Name:
    FOREST FOUNDATION
    EIN:
    91-6020514
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FIDUCIARY COUNSELLING INC 101,819 14,546   85,773
    AUDIT FEES 110 110   0
    TAX PREPARATION FEES (CBIZ) 1,392 0   1,392

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    FOREST FOUNDATION
    EIN:
    91-6020514
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BNY MELLON - FIXED INCOME SECURITIES 2,990,079 3,461,998

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    FOREST FOUNDATION
    EIN:
    91-6020514
    Name of Stock End of Year Book Value End of Year Fair Market Value
    BNY MELLON - SECURITIES (EQUITY) 8,564,621 13,120,569
    BNY MELLON - PREFERRED SECURITIES 15,510 20,531

    TY 2020 InvestmentsOtherSchedule2
    Name:
    FOREST FOUNDATION
    EIN:
    91-6020514
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CTCAI FDN AT COST 2,279,092 3,332,640
    BNY MELLON - OTHER PARTNERSHIPS (PRIVATE EQUITY) AT COST 3,901,617 5,531,667
    BNY MELLON - AIP AND GAP PARTNERSHIPS AT COST 2,484,054 5,278,955
    BNY MELLON - CASH EQUIVALENTS AT COST 26,606 26,202
    BNY MELLON - REAL ESTATE AT COST 530,928 659,978
    BNY MELLON - CASH AT COST 918,486 918,486
    BNY - ALTERNATIVE INVESTMENTS AT COST 0 8,844

    TY 2020 LegalFeesSchedule
    Name:
    FOREST FOUNDATION
    EIN:
    91-6020514
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 812 0   812


    TY 2020 OtherAssetsSchedule
    Name:
    FOREST FOUNDATION
    EIN:
    91-6020514
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ANTOINE PIERINI GLASS ARTWORK 6,000 6,000 6,000
    JOHN GRADE GLASS SCULPTURE 0 0 28,000


    TY 2020 OtherDecreasesSchedule
    Name:
    FOREST FOUNDATION
    EIN:
    91-6020514
    Description Amount
    ROUNDING 1


    TY 2020 OtherExpensesSchedule
    Name:
    FOREST FOUNDATION
    EIN:
    91-6020514
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MEMB. FEE - PHILANTHROPY NW 7,500 0   7,500
    STATE FILING FEES 71 71   0
    SOFTWARE EXPENSE 9,184 0   9,184
    OFFICE EXPENSES 35 35   0


    TY 2020 OtherIncomeSchedule2
    Name:
    FOREST FOUNDATION
    EIN:
    91-6020514
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    INVESTMENT PARTNERSHIPS   30,747  
    FEDERAL EXCISE TAX 93,156   93,156
    FEDERAL UBTI TAX 22,114   22,114


    TY 2020 OtherIncreasesSchedule
    Name:
    FOREST FOUNDATION
    EIN:
    91-6020514
    Description Amount
    BOOK BASIS ADJUSTMENT 250,039


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    FOREST FOUNDATION
    EIN:
    91-6020514
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GRANTMAKER CONSULTANTS, INC. 252,695 0   252,695
    BNY FEES 63,651 63,651   0


    TY 2020 TaxesSchedule
    Name:
    FOREST FOUNDATION
    EIN:
    91-6020514
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 93,156 0   0
    FEDERAL UBTI TAX 22,114 0   0
    FOREIGN TAXES 7,096 7,096   0