Form990-PF
Click to see attachment
Click to see attachmentClick to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
SAMIS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)208 JAMES STREET C
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SEATTLE, WA98104
A Employer identification number

91-1641746
B Telephone number (see instructions)

(206) 622-3363
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$175,859,969J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 5,780 5,780  
4 Dividends and interest from securities... 239,321 239,321  
5a Gross rents............ 12,226,150 12,093,205  
b Net rental income or (loss) 8,896,767
6a Net gain or (loss) from sale of assets not on line 10 1,280,501
b Gross sales price for all assets on line 6a 2,142,866
7 Capital gain net income (from Part IV, line 2)... 1,280,501
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........ 13,751,752 13,618,807  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 206,949 0   206,949
14 Other employee salaries and wages...... 382,566 0   366,671
15 Pension plans, employee benefits....... 58,275 0   58,341
16a Legal fees (attach schedule)......... Click to see attachment 45,527 44,113   2,311
b Accounting fees (attach schedule)....... Click to see attachment 23,100 0   19,400
c Other professional fees (attach schedule).... Click to see attachment 257,360 79,725   179,914
17 Interest............... 39,839 37,284   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,679,662 962,444   35,005
19 Depreciation (attach schedule) and depletion... 525,946 508,395  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 14,140 0   14,327
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 1,999,532 1,675,728   342,858
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 5,232,896 3,307,689   1,225,776
25 Contributions, gifts, grants paid....... 6,134,912 5,931,074
26 Total expenses and disbursements. Add lines 24 and 25 11,367,808 3,307,689   7,156,850
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,383,944
b Net investment income (if negative, enter -0-) 10,311,118
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 2,664,450 3,797,663 3,797,663
2 Savings and temporary cash investments......... 1,105,285 1,112,077 1,112,077
3 Accounts receivable bullet1,102,464
Less: allowance for doubtful accounts bullet995,361 98,717 107,103 107,103
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).....   2,306,554 2,306,554
7 Other notes and loans receivable (attach schedule) bullet313,610
Less: allowance for doubtful accounts bullet103,184 300,426 210,426 210,426
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 103,676 738,160 738,160
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 9,702,032 Click to see attachment10,284,208 10,284,208
c Investments—corporate bonds (attach schedule)....... 1,798,301 Click to see attachment2,418,993 2,418,993
11 Investments—land, buildings, and equipment: basis bullet79,761,022
Less: accumulated depreciation (attach schedule) bullet28,410,797 48,270,343 51,350,225 133,287,955
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 28,070,000 Click to see attachment21,420,000 21,420,000
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment2,456,757 Click to see attachment176,830 Click to see attachment176,830
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 94,569,987 93,922,239 175,859,969
Liabilities 17 Accounts payable and accrued expenses.......... 204,045 241,743
18 Grants payable................. 2,860,599 2,974,439
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 1,179,046  
22 Other liabilities (describe bullet) Click to see attachment1,155,551 Click to see attachment1,249,509
23 Total liabilities (add lines 17 through 22)......... 5,399,241 4,465,691
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........... 89,170,746 89,456,548
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 89,170,746 89,456,548
30 Total liabilities and net assets/fund balances (see instructions). 94,569,987 93,922,239
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
89,170,746
2
Enter amount from Part I, line 27a .....................
2
2,383,944
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
4,551,858
4
Add lines 1, 2, and 3 ..........................
4
96,106,548
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
6,650,000
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
89,456,548
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a SALE OF LAND P    
b PUBLICLY TRADED SECURITIES P    
c
d
e
(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 786,916   148,040 638,876
b 1,355,950   714,325 641,625
c
d
e
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       638,876
b       641,625
c
d
e
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 1,280,501
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 143,325
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- ..... 5 143,325
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 135,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 40,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 175,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 521
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 31,154
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet31,154 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changesClick to see attachment....
3
Yes
 
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletWA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
    Yes
     
    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 addressbulletHTTPS://SAMISFOUNDATION.ORG/
    14
    The books are in care ofbulletLINDA SULLIVAN Telephone no.bullet (206) 622-3363

    Located atbullet208 JAMES STREET SUITE CSEATTLEWA ZIP+4bullet98104
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
    Yes
     
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    CONSTANCE KANTER CHIEF EXECUTIVE OFFICER
    20.00     		172,056 34,893 0
    208 JAMES STREET SUITE C
    SEATTLE,WA98104
    DAVE AZOSE BOARD CHAIR
    1.00     		0 0 0
    208 JAMES STREET SUITE C
    SEATTLE,WA98104
    DAVID ELLENHORN BOARD VC/VC TRUST & GOV
    1.00     		0 0 0
    208 JAMES STREET SUITE C
    SEATTLE,WA98104
    ELI GENAUER TREASURER/CHAIR,FINANCE/AUDIT/VC ENDOW
    1.00     		0 0 0
    208 JAMES STREET SUITE C
    SEATTLE,WA98104
    JERRY COHEN SECRETARY
    1.00     		0 0 0
    208 JAMES STREET SUITE C
    SEATTLE,WA98104
    DANA BEHAR CHAIR, ENDOWMENT INVESTMENT
    1.00     		0 0 0
    208 JAMES STREET SUITE C
    SEATTLE,WA98104
    AL MAIMON CHAIR, GRANTS COMMITTEE
    1.00     		0 0 0
    208 JAMES STREET SUITE C
    SEATTLE,WA98104
    VICTOR ALHADEFF VICE CHAIR, GRANTS COMMITTEE
    1.00     		0 0 0
    208 JAMES STREET SUITE C
    SEATTLE,WA98104
    GREG ROER CHAIR TRUSTEESHIP COMMITTEE
    1.00     		0 0 0
    208 JAMES STREET SUITE C
    SEATTLE,WA98104
    RABBI RON-AMI MEYERS RABBI
    1.00     		0 0 0
    208 JAMES STREET SUITE C
    SEATTLE,WA98104
    BARRY ERNSTOFF MEMBER AT LARGE
    1.00     		0 0 0
    208 JAMES STREET SUITE C
    SEATTLE,WA98104
    EDDIE HASSON MEMBER AT LARGE
    1.00     		0 0 0
    208 JAMES STREET SUITE C
    SEATTLE,WA98104
    LUCY PRUZAN MEMBER AT LARGE
    1.00     		0 0 0
    208 JAMES STREET SUITE C
    SEATTLE,WA98104
    ERNIE SHERMAN MEMBER AT LARGE
    1.00     		0 0 0
    208 JAMES STREET SUITE C
    SEATTLE,WA98104
    MARIA ERLITZ MEMBER AT LARGE
    1.00     		0 0 0
    208 JAMES STREET SUITE C
    SEATTLE,WA98104
    DR ALEX SYTMAN MEMBER AT LARGE
    1.00     		0 0 0
    208 JAMES STREET SUITE C
    SEATTLE,WA98104
    JUDY NEUMAN MEMBER AT LARGE
    1.00     		0 0 0
    208 JAMES STREET SUITE C
    SEATTLE,WA98104
    ELI ALMO MEMBER AT LARGE
    1.00     		0 0 0
    208 JAMES STREET SUITE C
    SEATTLE,WA98104
    LOUIS TREIGER MEMBER AT LARGE
    1.00     		0 0 0
    208 JAMES STREET SUITE C
    SEATTLE,WA98104
    JACK ALMO MEMBER AT LARGE
    1.00     		0 0 0
    208 JAMES STREET SUITE C
    SEATTLE,WA98104
    BEA NAHON MEMBER AT LARGE
    1.00     		0 0 0
    208 JAMES STREET SUITE C
    SEATTLE,WA98104
    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
    MELISSA RIVKIN DIRECTOR OF DAY SCHO
    40.00     		156,545 21,122 0
    208 JAMES STREET SUITE C
    SEATTLE,WA98104
    ARIEL LAPSON PROGRAM OFFICER
    40.00     		94,127 5,359 0
    208 JAMES STREET SUITE C
    SEATTLE,WA98104
    LINDA MCCLURE ADMIN ASSISTANT
    40.00     		79,197 16,746 0
    208 JAMES STREET SUITE C
    SEATTLE,WA98104
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    RUMBLE MARKETING WEBSITE DESIGN 130,778
    12446 SE 26TH PLACE
    BELLEVUE,WA98005
    TCC GROUP CONSULTING-DEVELOPMENT OF STRATEGIC PLAN 73,232
    333 7TH AVE 9TH FL
    NEW YORK,NY10001
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    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.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    12,155,973
    b
    Average of monthly cash balances.......................
    1b
    4,203,457
    c
    Fair market value of all other assets (see instructions)................
    1c
    158,454,341
    d
    Total (add lines 1a, b, and c).........................
    1d
    174,813,771
    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
    599,091
    3
    Subtract line 2 from line 1d.........................
    3
    174,214,680
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    2,613,220
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    171,601,460
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    8,580,073
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    8,580,073
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    143,325
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
    158,629
    c
    Add lines 2a and 2b............................
    2c
    301,954
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    8,278,119
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    8,278,119
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    8,278,119
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 8,278,119
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 4,266,265
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 7,156,850
    a Applied to 2020, but not more than line 2a 4,266,265
    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..... 2,890,585
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		5,387,534
    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 ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ALLIANCE FOR PIONEER SQUARE
    310 1ST AVE SO SUITE 201
    SEATTLE,WA98104     		NONE PC EDUCATIONAL & HUMANITARIAN 13,000
    AMERICA GIVES
    1732 FIRST AVENUE NO 27091
    NEW YORK,NY10128     		NONE PC EDUCATIONAL & HUMANITARIAN 37,500
    AMERICAN FRIENDS OF HEBREW UNIVERSITY
    ONE BATTERY PARK PLAZA
    NEW YORK,NY10004     		NONE PC EDUCATIONAL & HUMANITARIAN 37,500
    AMERICAN FRIENDS OF NATAL
    1120 AVE OF THE AMERICAS
    NEW YORK,NY10036     		NONE PC EDUCATIONAL & HUMANITARIAN 35,000
    AMERICAN FRIENDS OF OGEN
    2330 MILTON ROAD
    UNIVERSITY HEIGHTS,OH44118     		NONE PC EDUCATIONAL & HUMANITARIAN 25,000
    AMERICAN FRIENDS OF SAMI SHAMOON COLLEGE OF ENGINEERING
    30 SEAVIEW DRIVE
    SECAUCUS,NJ07094     		NONE PC EDUCATIONAL & HUMANITARIAN 20,000
    AMERICAN FRIENDS OF THE ALLIANCE ISRAELITE UNIVERSELLE
    150 WEST 30TH STREET NO 900
    NEW YORK,NY10001     		NONE PC EDUCATIONAL & HUMANITARIAN 50,000
    AMERICAN JEWISH JOINT DISTRIBUTION
    711 THIRD AVE
    NEW YORK,NY10017     		NONE PC EDUCATIONAL & HUMANITARIAN 140,000
    BAYIT CHAM
    5 WALLENBERG CIRCLE
    MONSEY,NY10952     		NONE PC EDUCATIONAL & HUMANITARIAN 10,000
    BBYO
    800 8TH STREET NW
    WASHINGTON,DC20001     		NONE PC EDUCATIONAL & HUMANITARIAN 10,000
    CAMP SOLOMON SCHECHTER
    117 E LOUISA 110
    SEATTLE,WA98102     		NONE PC EDUCATIONAL & HUMANITARIAN 5,298
    CENTER FOR INITIATIVES IN JEWISH EDUCATION
    45 BROADWAY SUITE 3050
    NEW YORK,NY10006     		NONE PC EDUCATIONAL & HUMANITARIAN 37,000
    CENTRAL FUND OF ISRAEL
    461 CENTRAL AVE
    CEDARHURST,NY11516     		NONE PC EDUCATIONAL & HUMANITARIAN 333,333
    COLUMBIA BASIN FOUNDATION
    234 1ST AVENUE NW STE B
    EPHRATA,WA98823     		NONE PC EDUCATIONAL & HUMANITARIAN 2,500
    DERECH EMUNAH
    5145 SO MORGAN ST
    SEATTLE,WA98118     		NONE PC EDUCATIONAL & HUMANITARIAN 174,306
    FOUNDATION FOR JEWISH CAMP
    253 WEST 35TH ST 4TH FL
    NEW YORK,NY10001     		NONE PC EDUCATIONAL & HUMANITARIAN 18,000
    FRIENDS OF THE LOWER GRAND COULEE
    PO BOX 1625
    SOAP LAKE,WA98851     		NONE PC EDUCATIONAL & HUMANITARIAN 1,000
    GREATER MIAMI JEWISH FEDERATION
    4200 BISCAYNE BOULEVARD
    MIAMI,FL33137     		NONE PC EDUCATIONAL & HUMANITARIAN 2,500
    HARING CENTER - UNIVERSITY OF WASHINGTON
    1981 NE COLUMBIA RD
    SEATTLE,WA98195     		NONE PC EDUCATIONAL & HUMANITARIAN 3,099
    HILLEL FOUNDATION FOR JEWISH LIFE AT THE UNIVERSITY OF WASHINGTON
    4745 17TH AVE NE
    SEATTLE,WA98105     		NONE PC EDUCATIONAL & HUMANITARIAN 500
    HOLOCAUST CENTER FOR HUMANITY
    2045 2ND AVENUE
    SEATTLE,WA98121     		NONE PC EDUCATIONAL & HUMANITARIAN 6,000
    ISRAEL AMERICAN COUNCIL SEATTLE
    5900 CANOGA AVE SUITE 390
    WOODLAND HILLS,CA91367     		NONE PC EDUCATIONAL & HUMANITARIAN 25,000
    ISRAEL NATURE AND HERITAGE FOUNDATION OF AMERICA
    39 BOLAND DRIVE
    WEST ORANGE,NJ07052     		NONE PC EDUCATIONAL & HUMANITARIAN 10,000
    JEWISH COMMUNITY OF LOUISVILLE
    3600 DUTCHMANS LANE
    LOUISVILLE,KY40205     		NONE PC EDUCATIONAL & HUMANITARIAN 5,000
    JEWISH DAY SCHOOL
    PO BOX 7299
    BELLEVUE,WA98008     		NONE PC EDUCATIONAL & HUMANITARIAN 570,283
    JEWISH FAMILY SERVICE
    1601 16TH AVENUE
    SEATTLE,WA98122     		NONE PC EDUCATIONAL & HUMANITARIAN 50,000
    JEWISH FEDERATION OF GREATER SEATTLE
    2031 THIRD AVE
    SEATTLE,WA98121     		NONE PC EDUCATIONAL & HUMANITARIAN 51,780
    JEWISH FUNDERS NETWORK
    150 WEST 30TH STREET NO 900
    NEW YORK,NY10001     		NONE PC EDUCATIONAL & HUMANITARIAN 25,000
    JEWISH NATIONAL FUND
    42 EAST 69TH ST
    NEW YORK,NY10021     		NONE PC EDUCATIONAL & HUMANITARIAN 105,000
    JEWISH PRISONER SERVICES INTERATIONAL
    PO BOX 85840
    SEATTLE,WA98145     		NONE PC EDUCATIONAL & HUMANITARIAN 6,000
    KAV L'NOAR FOUNDATION
    348 BROOK AVENUE
    PASSAIC,NJ07055     		NONE PC EDUCATIONAL & HUMANITARIAN 35,000
    MASQUERS THEATER
    PO BOX 1174
    SOAP LAKE,WA98851     		NONE PC EDUCATIONAL & HUMANITARIAN 1,000
    MCKAY HEALTHCARE & REHAB CENTER
    PO BOX 819
    SOAP LAKE,WA98851     		NONE PC EDUCATIONAL & HUMANITARIAN 5,000
    MENACHEM MENDEL SEATTLE CHEDER
    4541 19TH AVENUE NE
    SEATTLE,WA98105     		NONE PC EDUCATIONAL & HUMANITARIAN 336,790
    MUSIC OF REMEMBRANCE
    PO BOX 27500
    SEATTLE,WA98165     		NONE PC EDUCATIONAL & HUMANITARIAN 1,000
    NEFESH BNEFESH JEWISH SOULS UNITED
    50 EISENHOWER DRIVE
    PARAMAS,NJ07652     		NONE PC EDUCATIONAL & HUMANITARIAN 150,000
    NEIGHBORHOOD HOUSE
    1225 S WELLER ST NO 510
    SEATTLE,WA98144     		NONE PC EDUCATIONAL & HUMANITARIAN 1,500
    NORTHWEST YESHIVA HIGH SCHOOL
    5017 90TH AVE SE
    MERCER ISLAND,WA98040     		NONE PC EDUCATIONAL & HUMANITARIAN 909,725
    ORTHODOX UNION
    11 BROADWAY 14TH FLOOR
    NEW YORK,NY10004     		NONE PC EDUCATIONAL & HUMANITARIAN 20,000
    PEF ISRAEL ENDOWMENT FUNDS
    630 THIRD AVENUE SUITE 1501
    NEW YORK,NY10017     		NONE PC EDUCATIONAL & HUMANITARIAN 431,525
    PLYMOUTH HOUSING GROUP AND SUBSIDIARIES
    2113 THIRD AVENUE
    SEATTLE,WA98121     		NONE PC EDUCATIONAL & HUMANITARIAN 10,000
    PRIZMAH CENTER FOR JEWISH DAY SCHOOLS
    254 WEST 54TH STREET 11TH FLOOR
    NEW YORK,NY10019     		NONE PC EDUCATIONAL & HUMANITARIAN 18,000
    PUBLIC DEFENDER ASSOCIATION
    110 PREFONTAINE PLACE SOUTH NO 50
    SEATTLE,WA98104     		NONE PC EDUCATIONAL & HUMANITARIAN 13,000
    SEATTLE HEBREW ACADEMY
    1617 INTERLAKEN DR EAST
    SEATTLE,WA98112     		NONE PC EDUCATIONAL & HUMANITARIAN 783,857
    SEATTLE JEWISH COMMUNITY SCHOOL
    12351 8TH AVENUE NE
    SEATTLE,WA98125     		NONE PC EDUCATIONAL & HUMANITARIAN 577,755
    SEPHARDIC JEWISH BROTHERHOOD FOUNDATION
    6767 108TH STREET
    FOREST HILLS,NY11375     		NONE PC EDUCATIONAL & HUMANITARIAN 1,800
    STROUM JEWISH COMMUNITY CENTER
    3801 E MERCER WAY
    MERCER ISLAND,WA98040     		NONE PC EDUCATIONAL & HUMANITARIAN 33,000
    THE DOROTHY AND MYER KRIPKE INSTITUTE FOR JEWISH FAMILY LITERACY
    5110 DENSMORE AVE
    ENCINO,CA91436     		NONE PC EDUCATIONAL & HUMANITARIAN 15,178
    THE FRIENDSHIP CIRCLE
    2737 77TH AVE SE SUITE 101
    MERCER ISLAND,WA98040     		NONE PC EDUCATIONAL & HUMANITARIAN 1,800
    THE JEWISH FEDERATIONS OF NORTH AMERICA INC
    25 BROADWAY SUITE 1700
    NEW YORK,NY10004     		NONE PC EDUCATIONAL & HUMANITARIAN 40,000
    TORAH DAY SCHOOL
    1625 SOUTH COLUMBIAN WAY
    SEATTLE,WA98108     		NONE PC EDUCATIONAL & HUMANITARIAN 560,045
    UNION FOR REFORM JUDAISM - CAMP KALSMAN
    11410 NE 124TH ST 622
    KIRKLAND,WA98034     		NONE PC EDUCATIONAL & HUMANITARIAN 142,500
    WASHINGTON STATE JEWISH HISTORICAL SOCIETY
    3801 E MERCER WAY
    MERCER ISLAND,WA98040     		NONE PC EDUCATIONAL & HUMANITARIAN 5,000
    WEST COAST NCSY
    9831 WEST PICO BLVD
    LOS ANGELES,CA90035     		NONE PC EDUCATIONAL & HUMANITARIAN 28,000
    Total .................................bullet 3a 5,931,074
    bApproved for future payment
    AMERICA GIVES
    1732 FIRST AVENUE NO 27091
    NEW YORK,NY10128     		NONE PC EDUCATIONAL & HUMANITARIAN 12,500
    AMERICAN FRIENDS OF OGEN
    2330 MILTON ROAD
    UNIVERSITY HEIGHTS,OH44118     		NONE PC EDUCATIONAL & HUMANITARIAN 25,000
    AMERICAN FRIENDS OF THE ALLIANCE ISRAELITE UNIVERSELLE
    150 WEST 30TH STREET NO 900
    NEW YORK,NY10001     		NONE PC EDUCATIONAL & HUMANITARIAN 25,000
    AMERICAN JEWISH JOINT DISTRIBUTION
    711 THIRD AVE
    NEW YORK,NY10017     		NONE PC EDUCATIONAL & HUMANITARIAN 25,000
    CENTER FOR INITIATIVES IN JEWISH EDUCATION
    45 BROADWAY SUITE 3050
    NEW YORK,NY10006     		NONE PC EDUCATIONAL & HUMANITARIAN 7,000
    DERECH EMUNAH
    5145 SO MORGAN ST
    SEATTLE,WA98118     		NONE PC EDUCATIONAL & HUMANITARIAN 3,750
    JEWISH DAY SCHOOL
    PO BOX 7299
    BELLEVUE,WA98008     		NONE PC EDUCATIONAL & HUMANITARIAN 12,500
    JEWISH FEDERATION OF GREATER SEATTLE
    2031 THIRD AVE
    SEATTLE,WA98121     		NONE PC EDUCATIONAL & HUMANITARIAN 38,920
    JEWISH NATIONAL FUND
    42 EAST 69TH ST
    NEW YORK,NY10021     		NONE PC EDUCATIONAL & HUMANITARIAN 25,000
    NORTHWEST YESHIVA HIGH SCHOOL
    5017 90TH AVE SE
    MERCER ISLAND,WA98040     		NONE PC EDUCATIONAL & HUMANITARIAN 7,500
    PEF ISRAEL ENDOWMENT FUNDS
    630 THIRD AVENUE SUITE 1501
    NEW YORK,NY10017     		NONE PC EDUCATIONAL & HUMANITARIAN 115,000
    SEATTLE HEBREW ACADEMY
    1617 INTERLAKEN DR EAST
    SEATTLE,WA98112     		NONE PC EDUCATIONAL & HUMANITARIAN 12,500
    SEATTLE JEWISH COMMUNITY SCHOOL
    12351 8TH AVENUE NE
    SEATTLE,WA98125     		NONE PC EDUCATIONAL & HUMANITARIAN 9,684
    TORAH DAY SCHOOL
    1625 SOUTH COLUMBIAN WAY
    SEATTLE,WA98108     		NONE PC EDUCATIONAL & HUMANITARIAN 7,500
    MENACHEM MENDEL SEATTLE CHEDER
    4541 19TH AVENUE NE
    SEATTLE,WA98105     		NONE PC EDUCATIONAL & HUMANITARIAN 7,500
    Total .................................bullet 3b 334,354
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 5,780  
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property...... 531120 93,206      
    bNot debt-financed property.....     16 8,803,561  
    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 1,280,501  
    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) .. 93,206 10,329,163 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    10,422,369
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    SAMIS FOUNDATION
    EIN:
    91-1641746
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 23,100 0   19,400

    TY 2021 GeneralExplanationAttachment
    Name:
    SAMIS FOUNDATION
    EIN:
    91-1641746
    Identifier Return Reference Explanation
      PART VII-A, LINE 11 NAME OF CONTROLLED ENTITY: SAMIS LAND CO. EMPLOYER ID NUMBER: 91-0517717ADDRESS: 208 JAMES STREET, #CSEATTLE, WA 98104 EXCESS BUSINESS HOLDING [ ] YES [X ] NO

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    SAMIS FOUNDATION
    EIN:
    91-1641746
    Name of Bond End of Year Book Value End of Year Fair Market Value
    VANGUARD INTM TERM INV G ADM 721,375 721,375
    VANGUARD SHORT TERM INVT GRADE ADM 481,838 481,838
    VANGUARD TOTAL BOND MARKET INDEX ADM 1,215,780 1,215,780

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    SAMIS FOUNDATION
    EIN:
    91-1641746
    Name of Stock End of Year Book Value End of Year Fair Market Value
    VANGUARD FTSE ALL WORLD EX US SMALL CAP INDEX FUND SHARES 713,739 713,739
    VANGUARD INTERNATIONAL VALUE #46 478,033 478,033
    VANGUARD MID CAP INDEX ADM 1,061,266 1,061,266
    VANGUARD MIDCAP VALUE INDEX ADMIRAL 786,464 786,464
    VANGUARD SMALL CAP INDEX FUND 489,884 489,884
    VANGUARD SMALL CAP VALUE INDEX FUND 757,486 757,486
    VANGUARD TOT INT ST INDX ADM 1,696,621 1,696,621
    VANGUARD TOTAL STOCK MKT IDX ADM 2,700,373 2,700,373
    VANGUARD VALUE INDEX ADM 1,600,342 1,600,342

    TY 2021 InvestmentsOtherSchedule2
    Name:
    SAMIS FOUNDATION
    EIN:
    91-1641746
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    SAMIS LAND CO. FMV 21,420,000 21,420,000

    TY 2021 LegalFeesSchedule
    Name:
    SAMIS FOUNDATION
    EIN:
    91-1641746
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 45,527 44,113   2,311


    TY 2021 OtherAssetsSchedule
    Name:
    SAMIS FOUNDATION
    EIN:
    91-1641746
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    NET INTANGIBLE ASSETS 271,387 176,830 176,830
    INTERCOMPANY RECEIVABLE 2,185,370 0 0


    TY 2021 OtherDecreasesSchedule
    Name:
    SAMIS FOUNDATION
    EIN:
    91-1641746
    Description Amount
    CHANGE IN VALUE OF SAMIS LAND CO. 6,650,000


    TY 2021 OtherExpensesSchedule
    Name:
    SAMIS FOUNDATION
    EIN:
    91-1641746
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AMORTIZATION 125,447 123,562   0
    UTILITY EXPENSES 288,956 288,956   0
    SECURITY EXPENSE 38,645 38,645   0
    JANITORIAL 51,227 51,227   0
    ADMINISTRATIVE EXPENSES 224,004 223,724   0
    LEASING & MARKETING 15,663 15,663   0
    TENANT PARKING 16,970 16,970   0
    REPAIRS & MAINTENANCE 659,598 659,209   0
    GROUNDS EXPENSE 10,496 10,496   0
    INSURANCE 242,726 242,715   0
    LICENSES 4,561 4,561   0
    MARKETING 225,813 0   233,332
    OTHER ADMIN 95,426 0   109,526


    TY 2021 OtherIncreasesSchedule
    Name:
    SAMIS FOUNDATION
    EIN:
    91-1641746
    Description Amount
    UNREALIZED GAIN/LOSS FROM INVESTMENTS 1,037,758
    PROPERTY DISTRIBUTION FROM SAMIS LAND CO. 3,514,100


    TY 2021 OtherLiabilitiesSchedule
    Name:
    SAMIS FOUNDATION
    EIN:
    91-1641746
    Description Beginning of Year - Book Value End of Year - Book Value
    LEASE DEPOSITS 1,147,695 699,509
    INTEREST PAYABLE 7,856 0
    FEDERAL INCOME TAX LIABILITY 0 550,000


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    SAMIS FOUNDATION
    EIN:
    91-1641746
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING FEES 180,939 3,304   179,914
    INVESTMENT MANAGEMENT 76,421 76,421   0


    TY 2021 TaxesSchedule
    Name:
    SAMIS FOUNDATION
    EIN:
    91-1641746
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAXES 665,330 0   0
    TAXES 976,930 960,047   0
    B&O TAXES 2,397 2,397   0
    PAYROLL TAXES 35,005 0   35,005