Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
GOOSEFOOT COMMUNITY FUND
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 114
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LANGLEY, WA98260
A Employer identification number

91-1960139
B Telephone number (see instructions)

(360) 321-4535
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$8,905,474J 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) 7,144
2 Check bullet.............
3 Interest on savings and temporary cash investments 3,364 3,364 3,364
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain......... 0
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 1,749,468 0 1,749,468
12 Total. Add lines 1 through 11........ 1,759,976 3,364 1,752,832
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 91,965 3,364 88,601 0
14 Other employee salaries and wages...... 249,486 0 249,486 0
15 Pension plans, employee benefits....... 49,464 0 49,464 0
16a Legal fees (attach schedule)......... Click to see attachment 3,447 0 3,447 0
b Accounting fees (attach schedule)....... Click to see attachment 28,102 0 28,102 0
c Other professional fees (attach schedule).... Click to see attachment 145,786 0 145,786 0
17 Interest............... 96,969 0 96,969 0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 279,338 0 279,338 0
19 Depreciation (attach schedule) and depletion... Click to see attachment 280,133 0 280,133
20 Occupancy.............. 246,062 0 246,062 0
21 Travel, conferences, and meetings....... 521 0 521 0
22 Printing and publications.......... 1,712 0 1,712 0
23 Other expenses (attach schedule)....... Click to see attachment 105,126 0 105,126 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,578,111 3,364 1,574,747 0
25 Contributions, gifts, grants paid....... 183,891 183,891
26 Total expenses and disbursements. Add lines 24 and 25 1,762,002 3,364 1,574,747 183,891
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,026
b Net investment income (if negative, enter -0-) 0
c Adjusted net income (if negative, enter -0-)... 178,085
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............. 51,616 68,293 68,293
2 Savings and temporary cash investments......... 286,575 520,857 520,857
3 Accounts receivable bullet26,013
Less: allowance for doubtful accounts bullet   21,330 26,013 26,013
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) bullet109,697
Less: allowance for doubtful accounts bullet0 117,664 109,697 109,697
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 115,831 33,943 33,943
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,452,784 Click to see attachment2,679,714 2,679,714
14 Land, buildings, and equipment: basis bullet15,783,800
Less: accumulated depreciation (attach schedule) bullet4,172,520 11,822,947 Click to see attachment11,611,280 5,466,957
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 14,868,747 15,049,797 8,905,474
Liabilities 17 Accounts payable and accrued expenses.......... 57,138 81,764
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 2,113,036 2,271,486
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 2,170,174 2,353,250
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........... 12,698,573 12,696,547
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)..... 12,698,573 12,696,547
30 Total liabilities and net assets/fund balances (see instructions). 14,868,747 15,049,797
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
12,698,573
2
Enter amount from Part I, line 27a .....................
2
-2,026
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
12,696,547
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
12,696,547
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.)
1a
b
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
b
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
b
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  
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 0
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 0
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 0
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 0
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 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletWA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.GOOSEFOOT.ORG
    14
    The books are in care ofbulletJEANNE CELESTE Telephone no.bullet (360) 321-4535

    Located atbulletPO BOX 114LANGLEYWA ZIP+4bullet98260
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (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
     
     
    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
    SANDRA WHITING EXECUTIVE DIRECTOR
    40.00     		91,965 2,759 0
    PO BOX 114
    LANGLEY,WA98260
    CHRIS SALOMONE PRESIDENT
    10.00     		0 0 0
    PO BOX 114
    LANGLEY,WA98260
    JEAN SINGER PAST PRESIDENT
    5.00     		0 0 0
    PO BOX 114
    LANGLEY,WA98260
    BOB GENTZ TREASURER
    10.00     		0 0 0
    PO BOX 114
    LANGLEY,WA98260
    JANICE O'MAHONY SECRETARY
    2.00     		0 0 0
    PO BOX 114
    LANGLEY,WA98260
    PAM LELOUP SECRETARY
    3.00     		0 0 0
    PO BOX 114
    LANGLEY,WA98260
    CANDACE JORDAN BOARD MEMBER
    1.00     		0 0 0
    PO BOX 114
    LANGLEY,WA98260
    KEVIN ENGSTROM BOARD MEMBER
    2.00     		0 0 0
    PO BOX 114
    LANGLEY,WA98260
    LEIGH BLOOM BOARD MEMBER
    3.00     		0 0 0
    PO BOX 114
    LANGLEY,WA98260
    BETSY HOFIUS BOARD MEMBER
    1.00     		0 0 0
    PO BOX 114
    LANGLEY,WA98260
    PATTY IMES BOARD MEMBER
    2.00     		0 0 0
    PO BOX 114
    LANGLEY,WA98260
    TED RAVETZ BOARD MEMBER
    1.00     		0 0 0
    PO BOX 114
    LANGLEY,WA98260
    MARK GAPPA BOARD MEMBER
    1.00     		0 0 0
    PO BOX 114
    LANGLEY,WA98260
    MARCIA WHILEY BOARD MEMBER
    1.00     		0 0 0
    PO BOX 114
    LANGLEY,WA98260
    KAREN LARSEN GORDON BOARD MEMBER
    1.00     		0 0 0
    PO BOX 114
    LANGLEY,WA98260
    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
    MARIAN MYSZKOWSKI PROGRAM DIRECTOR
    40.00     		81,070 2,383 0
    PO BOX 1375
    LANGLEY,WA98260
    K ROSE HUGHES FINANCE DIRECTOR
    40.00     		51,747 1,341 0
    PO BOX 1363
    LANGLEY,WA98260
    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
    SCHEMATA WORKSHOP INC LOW-INCOME HOUSING PROJECT DESIGN 148,404
    1720 12TH AVE
    SEATTLE,WA98122
    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 PRESERVATION OF HISTORIC BUILDINGS, RURAL CHARACTER AND NATURAL ENVIRONMENT OF ISLAND COUNTY THROUGH ECONOMIC DEVELOPMENT TO COMBAT COMMUNITY DETERIORATION. 935,418
    2 COMMUNITY AND CULTURAL DEVELOPMENT BY HOLDING EVENTS AND A WEEKLY FARMER'S MARKET (EVENTS CURTAILED DUE TO PANDEMIC). 36,808
    3 WORK COLLABORATIVELY WITH LOCAL NONPROFITS BY PROVIDING DIRECT MONETARY GRANTS FOR ESSENTIAL NEEDS AND EMERGENCY SERVICES. PROVIDE FREE COMMUNITY SPACE IN OUR BUILDING TO HOLD MEETINGS, WORKSHOPS AND CLASSES (UNDER PUBLIC HEALTH GUIDELINES). 244,195
    4 ENHANCE LOCAL COMMERCE AND SUSTAINABILITY BY WORKING WITH LOCAL FARMERS AND OTHER COMMUNITY ORGANIZATIONS TO ENCOURAGE ECONOMIC GROWTH. PROVIDE SMALL BUSINESS WORKSHOPS TO INCUBATE NEW BUSINESS DEVELOPMENT. 39,522
    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 CONVENE PUBLIC AND PROVIDE COMMUNITY PLANNING PROCESS TO ANALYZE NEED AND EXPLORE FEASIBILITY OF AFFORDABLE HOUSING DEVELOPMENT. 194,497
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet194,497
    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
    0
    b
    Average of monthly cash balances.......................
    1b
    447,046
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    447,046
    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
    447,046
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    6,706
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    440,340
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    22,017
    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
     
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
     
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
     
    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  
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only.......  
    b Total for prior years:20, 20, 20  
    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 ........  
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$  
    a Applied to 2020, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2021 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2021.    
    (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  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		 
    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) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		 
    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
    2001-09-17
    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
    22,017 16,656 16,638 17,690 73,001
    b 85% (0.85) of line 2a ......... 18,714 14,158 14,142 15,037 62,051
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		378,388 168,581 303,587 297,036 1,147,592
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		0 0 0 0 0
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		378,388 168,581 303,587 297,036 1,147,592
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ...... 15,049,797 14,868,747 14,412,469 14,498,187 58,829,200
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		 15,049,797 14,868,747 14,412,469 14,498,187 58,829,200
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		        0
    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) ....     		        0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		        0
    (3) Largest amount of support
    from an exempt organization    		         0
    (4) Gross investment income         0
    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
    FRIENDS OF FRIENDS
    PO BOX 812
    LANGLEY,WA98260     		NONE PC GENERAL SUPPORT 15
    ISLAND SENIOR RESOURCES
    PO BOX 939
    FREELAND,WA98249     		NONE PC FOOD PROGRAM AND EMERGENCY SOCIAL SERVICES SUPPORT FOR SENIORS 30,000
    MOBILE TURKEY UNIT
    6280 SPINNAKER RIDGE LANE
    CLINTON,WA98236     		NONE PC FOOD PROGRAM SUPPORT 1,528
    MOTHER MENTORS OF WHIDBEY ISLAND
    PO BOX 92
    LANGLEY,WA98260     		NONE PC GENERAL SUPPORT 5
    NORTHWEST AGRICULTURE BUSINESS CENTER
    PO BOX 2924
    MOUNT VERNON,WA98273     		NONE PC FOOD DISTRIBUTION PROGRAM SUPPORT DURING COVID-19 15,000
    OASIS FOR ANIMALS
    PO BOX 1304
    LANGLEY,WA98260     		NONE PC GENERAL SUPPORT 60
    READINESS TO LEARN
    PO BOX 280
    LANGLEY,WA98260     		NONE PC SUPPORT FOR FAMILY-CENTERED SOCIAL SERVICES INCLUDING HOUSING ASSISTANCE AND RACIAL EQUITY PROGRAMS 27,206
    SOUTH WHIDBEY AT HOME
    PO BOX 557
    LANGLEY,WA98260     		NONE PC HOME-BASED SERVICES TO SUPPORT SENIOR HOUSING STABILITY 26,667
    SOUTH WHIDBEY TILTH ASSOCIATION
    PO BOX 252
    LANGLEY,WA98260     		NONE PC FUNDING FOR ADA-COMPLIANT FOOD SERVICES AND REST AREA 5
    WAIFFETCH
    PO BOX 1108
    COUPEVILLE,WA98239     		NONE PC GENERAL SUPPORT 10
    WHIDBEY CHILDREN'S THEATER
    PO BOX 1493
    LANGLEY,WA98260     		NONE PC GENERAL SUPPORT 10
    WHIDBEY COMMUNITY FOUNDATION
    PO BOX 1135
    COUPEVILLE,WA98239     		NONE PC GENERAL SUPPORT 30,000
    WHIDBEY HOMELESS COALITION
    PO BOX 453
    LANGLEY,WA98260     		NONE PC GENERAL SUPPORT 52
    WHIDBEY ISLAND NOURISHES
    PO BOX 1642
    LANGLEY,WA98260     		NONE PC GENERAL SUPPORT 26,667
    WHIDBEY WATERSHED STEWARDS
    PO BOX 617
    LANGLEY,WA98260     		NONE PC GENERAL SUPPORT 26,666
    Total .................................bullet 3a 183,891
    bApproved for future payment
    Total .................................bullet 3b 0
    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 3,364  
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		         
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aBAYVIEW GROCERY INC     		445100 1,140,931      
    bMISELLANEOUS     01 12,134  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 1,140,931 15,498 596,403
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,752,832
    (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.)
    1A PROGRAM TO PROVIDE SPACE TO BUSINESSES THAT CONTRIBUTE TO THE RURAL TRADITION AND CHARACTER OF ISLAND COUNTY AND TO FACILITATE ECONOMIC DEVELOPMENT AND COMBAT COMMUNITY DETERIORATION.
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    GOOSEFOOT COMMUNITY FUND
    EIN:
    91-1960139
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 28,102 0 28,102 0

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

    TY 2021 DepreciationSchedule
    Name:
    GOOSEFOOT COMMUNITY FUND
    EIN:
    91-1960139
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    LAND 2000-04-01 5,202,634   L   0 0 0  
    BUILDINGS & IMPROVEMENTS 2000-04-01 9,521,272 3,716,269 SL 39.000000000000 244,135 0 244,135  
    EQUIPMENT 2010-07-07 73,815 73,815 SL 5.000000000000 0 0 0  
    EQUIPMENT- GOOSEFOOT COMPUTERS 2014-06-01 6,063 6,063 SL 5.000000000000 0 0 0  
    BAYVIEW CENTER TENANT IMPROVEMENTS 2015-07-01 41,979 5,918 SL 39.000000000000 1,076 0 1,076  
    BAYVIEW CENTER SHOPPING CENTER IMPROVEMENTS 2015-07-01 24,611 3,471 SL 39.000000000000 631 0 631  
    BAYVIEW CORNER - CASH STORE BLDG IMPRVMT 2015-07-01 18,805 2,651 SL 39.000000000000 482 0 482  
    GOOSEFOOT COMPUTERS 2015-07-01 3,811 3,811 SL 5.000000000000 0 0 0  
    BAYVIEW CENTER TENANT FF & E 2015-07-01 24,936 24,936 SL 5.000000000000 0 0 0  
    CORNER MGMT SIGNS, FF & E 2015-07-01 1,162 1,162 SL 5.000000000000 0 0 0  
    BAYVIEW CENTER SHOPPING CENTER IMPROVEMENTS 2016-07-01 30,275 3,493 SL 39.000000000000 776 0 776  
    BAYVIEW CORNER - CASH STORE BLDG IMPRVMT 2016-07-01 34,792 4,014 SL 39.000000000000 892 0 892  
    GOOSEFOOT COMPUTERS 2016-07-01 6,844 6,160 SL 5.000000000000 684 0 684  
    OPEN SPACE - RESTROOM IMPROVEMENTS 2016-07-01 2,280 261 SL 39.000000000000 58 0 58  
    5788 PROPERTY 2016-07-01 7,755   L   0 0 0  
    BAYVIEW SCHOOL - BLDG IMPROVEMENTS 2016-07-01 1,122 130 SL 39.000000000000 29 0 29  
    EASEMENT 2014-06-01 400,000   L   0 0 0  
    2017 IMPROVEMENTS (RESTROOMS#1411+1415) 2017-07-01 3,061 273 SL 39.000000000000 78 0 78  
    2017 BUILDINGS (#1423+1428+3-1421) 2017-07-01 45,922 4,120 SL 39.000000000000 1,177 0 1,177  
    2017 EQUIPMENT (#1430+1431+1432) 2017-07-01 2,917 262 SL 39.000000000000 75 0 75  
    FRONT ROOM BENCH 2018-02-09 1,033 431 SL 7.000000000000 148 0 148  
    CIG SYSTEM 2018-07-03 1,627 580 SL 7.000000000000 232 0 232  
    HOUZZ MAPLE CHAIRS 2018-10-18 359 111 SL 7.000000000000 51 0 51  
    MAC COMPUTER 2018-09-08 1,880 877 SL 5.000000000000 376 0 376  
    AQUA TEST NIBBLERS 2018-02-08 26,767 4,593 SL 17.000000000000 1,575 0 1,575  
    WHIDBEY TELECOM BIG GIG 2018-07-03 263 95 SL 7.000000000000 38 0 38  
    MODIFY EXHAUST FAN 2018-08-13 598 206 SL 7.000000000000 85 0 85  
    BV CORNER PICNIC TABLES 2018-04-11 1,649 649 SL 7.000000000000 236 0 236  
    BV CORNER FOLDING CHAIRS 2018-05-18 607 225 SL 7.000000000000 87 0 87  
    BV CORNER SEBOS 2018-06-18 380 135 SL 7.000000000000 54 0 54  
    BV CORNER FURNITURE MCJURY 2018-06-18 850 303 SL 7.000000000000 121 0 121  
    BV CORNER REFRIGERATOR 2018-07-31 281 97 SL 7.000000000000 40 0 40  
    BV CORNER ART GALLERY PEDESTALS 2018-09-04 296 98 SL 7.000000000000 42 0 42  
    BV CORNER BLDG IMPROVEMENTS 2018-06-30 16,781 1,075 SL 39.000000000000 430 0 430  
    GCF MAC MINI 2019-07-26 976 276 SL 5.000000000000 195 0 195  
    GCF MONITOR 2019-07-26 250 71 SL 5.000000000000 50 0 50  
    GCF KITCHEN EQUIPMENT 2019-04-29 1,499 500 SL 5.000000000000 300 0 300  
    GCF DECK FURNITURE 2019-06-24 655 141 SL 7.000000000000 94 0 94  
    GCF CHAIRS 2019-10-23 202 34 SL 7.000000000000 29 0 29  
    GCF WEBSITE 2019-12-16 4,000 800 SL 5.000000000000 800 0 800  
    BVC TENANT IMPROVEMENTS 2019-09-06 250 8 SL 39.000000000000 6 0 6  
    BVC TENANT IMPROVEMENTS 2019-10-01 263 9 SL 39.000000000000 7 0 7  
    BVC KITCHEN FLOOR 2019-11-01 2,850 85 SL 39.000000000000 73 0 73  
    BVC ELECTRICAL 2019-11-02 1,540 46 SL 39.000000000000 39 0 39  
    BVC PLUMBING 2019-11-05 7,048 211 SL 39.000000000000 181 0 181  
    BVC TENANT IMPROVEMENTS 2019-11-19 137 4 SL 39.000000000000 4 0 4  
    BVC TENANT IMPROVEMENTS 2019-11-30 413 12 SL 39.000000000000 11 0 11  
    BVC TENANT IMPROVEMENTS 2019-12-01 198 5 SL 39.000000000000 5 0 5  
    BVC TENANT IMPROVEMENTS 2019-09-30 1,049 34 SL 39.000000000000 27 0 27  
    BVC TENANT IMPROVEMENTS 2019-10-11 88 3 SL 39.000000000000 2 0 2  
    BVC TENANT IMPROVEMENTS 2019-10-31 254 8 SL 39.000000000000 7 0 7  
    BVC TENANT IMPROVEMENTS 2019-11-21 329 9 SL 39.000000000000 8 0 8  
    BVC TENANT IMPROVEMENTS 2019-11-30 259 8 SL 39.000000000000 7 0 7  
    BVC TENANT IMPROVEMENTS 2019-11-30 716 20 SL 39.000000000000 18 0 18  
    BVC TENANT IMPROVEMENTS 2019-12-09 822 23 SL 39.000000000000 21 0 21  
    BVC TENANT IMPROVEMENTS 2019-12-10 90 2 SL 39.000000000000 2 0 2  
    BVC TENANT IMPROVEMENTS 2019-12-23 9   SL 39.000000000000 0 0 0  
    BVC TENANT IMPROVEMENTS 2019-12-31 116 3 SL 39.000000000000 3 0 3  
    BVK TAPROOM EQUIP 2019-04-25 3,141 748 SL 7.000000000000 449 0 449  
    BVK SCREENS 2019-05-01 68 16 SL 7.000000000000 10 0 10  
    BVK SIGNS 2019-05-06 1,004 239 SL 7.000000000000 143 0 143  
    BVK WAGON CART 2019-11-08 700 117 SL 7.000000000000 100 0 100  
    BVK WINESHOP BLDG IMP 2019-01-03 8,392 430 SL 39.000000000000 215 0 215  
    BVK BLDG IMPROV 2019-01-22 1,786 88 SL 39.000000000000 46 0 46  
    BVK BLDG IMPROV 2019-03-26 252 11 SL 39.000000000000 6 0 6  
    BVK LIGHTING FOR SIGNAGE 2019-04-11 587 26 SL 39.000000000000 15 0 15  
    BVK FENCING 2019-06-04 116 5 SL 39.000000000000 3 0 3  
    BVK BUILDING IMPROV 2019-07-02 4,936 190 SL 39.000000000000 127 0 127  
    BVK GENERATOR CONNECTION 2019-11-02 1,827 55 SL 39.000000000000 47 0 47  
    BVK PRESSURE TANK & PIPING 2019-09-25 2,034 65 SL 39.000000000000 52 0 52  
    BVC PARKING LOT IMPR 2019-02-19 1,963 92 SL 39.000000000000 50 0 50  
    BVC PARKING LOT IMPR 2019-04-30 968 42 SL 39.000000000000 25 0 25  
    BVC PARKING LOT IMPR 2019-09-04 5,960 204 SL 39.000000000000 153 0 153  
    BVC PARKING LOT IMPR 2019-12-03 1,500 41 SL 39.000000000000 38 0 38  
    GCF WEBSITE 2019-08-30 1,050 280 SL 5.000000000000 210 0 210  
    GCF WEBSITE 2019-10-01 506 126 SL 5.000000000000 101 0 101  
    GCF WEBSITE 2019-12-02 175 38 SL 5.000000000000 35 0 35  
    BVC WALK IN AT BIG W 2019-08-08 2,000 405 SL 7.000000000000 286 0 286  
    BVC 21FT TREE OF LIGHTS 2019-10-18 4,986 831 SL 7.000000000000 712 0 712  
    BVC SECURITY GATE 2019-06-14 228 52 SL 7.000000000000 33 0 33  
    BVC NEW SIGN 2019-07-03 300 64 SL 7.000000000000 43 0 43  
    BVC WALK IN REFER 2020-01-01 4,244 606 SL 7.000000000000 606 0 606  
    BVC UPGRADE CLOVER PATCH STORE 2020-01-01 14,734 2,105 SL 7.000000000000 2,105 0 2,105  
    BVC TAPROOT ARCH MASTER PLAN 2020-01-01 5,300 757 SL 7.000000000000 757 0 757  
    BVC BIG W IMPROVEMENTS 2020-01-01 12,733 1,819 SL 7.000000000000 1,819 0 1,819  
    BVC TI'S 2020-01-01 32,979 4,711 SL 7.000000000000 4,711 0 4,711  
    BV CORNER OUTDOOR PATIO & HEATER 2020-01-01 1,329 266 SL 5.000000000000 266 0 266  
    BV CORNER DONUT SHOP BENCHES ETC 2020-01-01 3,925 806 SL 5.000000000000 785 0 785  
    BV CORNER CASH STORE IMPROVEMENTS 2020-01-01 38,975 5,568 SL 7.000000000000 5,568 0 5,568  
    BV CORNER PARKING IMPROVEMENTS 2020-01-01 4,416 113 SL 39.000000000000 113 0 113  
    BV CORNER PAVILION FLOOR 2020-01-01 2,367 338 SL 7.000000000000 338 0 338  
    BV CORNER RECYCLE SHED 2020-01-01 3,159 451 SL 7.000000000000 451 0 451  
    BV SCHOOL BLDG IMPROVEMENTS 2020-01-01 2,348 335 SL 7.000000000000 335 0 335  
    GF FF&E UNK BAL TO TB 2020-01-01 12,636 1,805 SL 7.000000000000 1,805 0 1,805  
    BV SHOPPING CENTER IMPROVEMENTS 2021-03-06 2,910   NC 39.000000000000 0 0 0  
    BV SHOPPING CENTER IMPROVEMENTS 2021-03-12 309   NC 39.000000000000 0 0 0  
    BV SHOPPING CENTER IMPROVEMENTS 2021-12-31 3,714   NC 39.000000000000 0 0 0  
    BV CORNER HVAC SYSTEM UPGRADE 2021-07-27 6,807   SL 39.000000000000 73 0 73  
    BV CORNER CIRCUITRY UPGRADE 2021-08-05 2,419   SL 39.000000000000 26 0 26  
    BV CORNER PLUMBING 2021-04-27 5,999   SL 39.000000000000 103 0 103  
    BV CORNER TANKLESS WATER HEATER 2021-12-23 4,372   SL 39.000000000000 0 0 0  
    BV CORNER UNIT #5 UPGRADES 2021-12-23 13,248   SL 39.000000000000 0 0 0  
    BV CORNER CAPITALIZE PAYROLL 2021-12-31 8,890   SL 39.000000000000 0 0 0  
    BV CORNER EQUIPMENT 2010-07-07 34,357 34,357 SL 5.000000000000 0 0 0  
    BV CORNER EQUIPMENT HOOK UP 2021-03-03 3,288   SL 5.000000000000 548 0 548  
    BV CORNER EQUIPMENT HOOK UP 2021-03-03 2,400   SL 5.000000000000 400 0 400  
    BV CORNER EQUIPMENT HOOK UP 2021-06-02 1,012   SL 5.000000000000 118 0 118  
    BV CORNER NEW ALARM 2021-06-08 577   SL 7.000000000000 48 0 48  
    BV CORNER COMPONENTS 2021-11-09 9,095   SL 7.000000000000 217 0 217  
    BV CORNER BABY STATION 2020-01-01 377 54 SL 7.000000000000 54 0 54  
    BV CORNER DELI LINE 2015-08-31 2,500 2,500 SL 7.000000000000 0 0 0  
    BV CORNER SINK AND PLUMBING 2006-06-19 2,291 2,291 SL 7.000000000000 0 0 0  
    BV CORNER PATIO 2014-05-27 996 996 SL 7.000000000000 0 0 0  
    GOOSEFOOT COMPUTER 2021-04-23 2,531   SL 5.000000000000 337 0 337  
    GOOSEFOOT COMPUTER 2021-06-15 640   SL 5.000000000000 75 0 75  
    GOOSEFOOT WEBSITE 2021-04-01 525   SL 5.000000000000 79 0 79  
    GOOSEFOOT COMPUTER 2003-12-31 3,554 3,554 SL 5.000000000000 0 0 0  

    TY 2021 InvestmentsOtherSchedule2
    Name:
    GOOSEFOOT COMMUNITY FUND
    EIN:
    91-1960139
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INVESTMENT IN BAYVIEW GROCERY INC AT COST 2,679,714 2,679,714

    TY 2021 LandEtcSchedule2
    Name:
    GOOSEFOOT COMMUNITY FUND
    EIN:
    91-1960139
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND 5,202,634 0 5,202,634  
    BUILDINGS & IMPROVEMENTS 9,521,272 3,960,404 5,560,868  
    EQUIPMENT 73,815 73,815 0  
    EQUIPMENT- GOOSEFOOT COMPUTERS 6,063 6,063 0  
    BAYVIEW CENTER TENANT IMPROVEMENTS 41,979 6,994 34,985  
    BAYVIEW CENTER SHOPPING CENTER IMPROVEMENTS 24,611 4,102 20,509  
    BAYVIEW CORNER - CASH STORE BLDG IMPRVMT 18,805 3,133 15,672  
    GOOSEFOOT COMPUTERS 3,811 3,811 0  
    BAYVIEW CENTER TENANT FF & E 24,936 24,936 0  
    CORNER MGMT SIGNS, FF & E 1,162 1,162 0  
    BAYVIEW CENTER SHOPPING CENTER IMPROVEMENTS 30,275 4,269 26,006  
    BAYVIEW CORNER - CASH STORE BLDG IMPRVMT 34,792 4,906 29,886  
    GOOSEFOOT COMPUTERS 6,844 6,844 0  
    OPEN SPACE - RESTROOM IMPROVEMENTS 2,280 319 1,961  
    5788 PROPERTY 7,755 0 7,755  
    BAYVIEW SCHOOL - BLDG IMPROVEMENTS 1,122 159 963  
    EASEMENT 400,000 0 400,000  
    2017 IMPROVEMENTS (RESTROOMS#1411+1415) 3,061 351 2,710  
    2017 BUILDINGS (#1423+1428+3-1421) 45,922 5,297 40,625  
    2017 EQUIPMENT (#1430+1431+1432) 2,917 337 2,580  
    FRONT ROOM BENCH 1,033 579 454  
    CIG SYSTEM 1,627 812 815  
    HOUZZ MAPLE CHAIRS 359 162 197  
    MAC COMPUTER 1,880 1,253 627  
    AQUA TEST NIBBLERS 26,767 6,168 20,599  
    WHIDBEY TELECOM BIG GIG 263 133 130  
    MODIFY EXHAUST FAN 598 291 307  
    BV CORNER PICNIC TABLES 1,649 885 764  
    BV CORNER FOLDING CHAIRS 607 312 295  
    BV CORNER SEBOS 380 189 191  
    BV CORNER FURNITURE MCJURY 850 424 426  
    BV CORNER REFRIGERATOR 281 137 144  
    BV CORNER ART GALLERY PEDESTALS 296 140 156  
    BV CORNER BLDG IMPROVEMENTS 16,781 1,505 15,276  
    GCF MAC MINI 976 471 505  
    GCF MONITOR 250 121 129  
    GCF KITCHEN EQUIPMENT 1,499 800 699  
    GCF DECK FURNITURE 655 235 420  
    GCF CHAIRS 202 63 139  
    GCF WEBSITE 4,000 1,600 2,400  
    BVC TENANT IMPROVEMENTS 250 14 236  
    BVC TENANT IMPROVEMENTS 263 16 247  
    BVC KITCHEN FLOOR 2,850 158 2,692  
    BVC ELECTRICAL 1,540 85 1,455  
    BVC PLUMBING 7,048 392 6,656  
    BVC TENANT IMPROVEMENTS 137 8 129  
    BVC TENANT IMPROVEMENTS 413 23 390  
    BVC TENANT IMPROVEMENTS 198 10 188  
    BVC TENANT IMPROVEMENTS 1,049 61 988  
    BVC TENANT IMPROVEMENTS 88 5 83  
    BVC TENANT IMPROVEMENTS 254 15 239  
    BVC TENANT IMPROVEMENTS 329 17 312  
    BVC TENANT IMPROVEMENTS 259 15 244  
    BVC TENANT IMPROVEMENTS 716 38 678  
    BVC TENANT IMPROVEMENTS 822 44 778  
    BVC TENANT IMPROVEMENTS 90 4 86  
    BVC TENANT IMPROVEMENTS 9 0 9  
    BVC TENANT IMPROVEMENTS 116 6 110  
    BVK TAPROOM EQUIP 3,141 1,197 1,944  
    BVK SCREENS 68 26 42  
    BVK SIGNS 1,004 382 622  
    BVK WAGON CART 700 217 483  
    BVK WINESHOP BLDG IMP 8,392 645 7,747  
    BVK BLDG IMPROV 1,786 134 1,652  
    BVK BLDG IMPROV 252 17 235  
    BVK LIGHTING FOR SIGNAGE 587 41 546  
    BVK FENCING 116 8 108  
    BVK BUILDING IMPROV 4,936 317 4,619  
    BVK GENERATOR CONNECTION 1,827 102 1,725  
    BVK PRESSURE TANK & PIPING 2,034 117 1,917  
    BVC PARKING LOT IMPR 1,963 142 1,821  
    BVC PARKING LOT IMPR 968 67 901  
    BVC PARKING LOT IMPR 5,960 357 5,603  
    BVC PARKING LOT IMPR 1,500 79 1,421  
    GCF WEBSITE 1,050 490 560  
    GCF WEBSITE 506 227 279  
    GCF WEBSITE 175 73 102  
    BVC WALK IN AT BIG W 2,000 691 1,309  
    BVC 21FT TREE OF LIGHTS 4,986 1,543 3,443  
    BVC SECURITY GATE 228 85 143  
    BVC NEW SIGN 300 107 193  
    BVC WALK IN REFER 4,244 1,212 3,032  
    BVC UPGRADE CLOVER PATCH STORE 14,734 4,210 10,524  
    BVC TAPROOT ARCH MASTER PLAN 5,300 1,514 3,786  
    BVC BIG W IMPROVEMENTS 12,733 3,638 9,095  
    BVC TI'S 32,979 9,422 23,557  
    BV CORNER OUTDOOR PATIO & HEATER 1,329 532 797  
    BV CORNER DONUT SHOP BENCHES ETC 3,925 1,591 2,334  
    BV CORNER CASH STORE IMPROVEMENTS 38,975 11,136 27,839  
    BV CORNER PARKING IMPROVEMENTS 4,416 226 4,190  
    BV CORNER PAVILION FLOOR 2,367 676 1,691  
    BV CORNER RECYCLE SHED 3,159 902 2,257  
    BV SCHOOL BLDG IMPROVEMENTS 2,348 670 1,678  
    GF FF&E UNK BAL TO TB 12,636 3,610 9,026  
    BV SHOPPING CENTER IMPROVEMENTS 2,910 0 2,910  
    BV SHOPPING CENTER IMPROVEMENTS 309 0 309  
    BV SHOPPING CENTER IMPROVEMENTS 3,714 0 3,714  
    BV CORNER HVAC SYSTEM UPGRADE 6,807 73 6,734  
    BV CORNER CIRCUITRY UPGRADE 2,419 26 2,393  
    BV CORNER PLUMBING 5,999 103 5,896  
    BV CORNER TANKLESS WATER HEATER 4,372 0 4,372  
    BV CORNER UNIT #5 UPGRADES 13,248 0 13,248  
    BV CORNER CAPITALIZE PAYROLL 8,890 0 8,890  
    BV CORNER EQUIPMENT HOOK UP 3,288 548 2,740  
    BV CORNER EQUIPMENT HOOK UP 2,400 400 2,000  
    BV CORNER EQUIPMENT HOOK UP 1,012 118 894  
    BV CORNER NEW ALARM 577 48 529  
    BV CORNER COMPONENTS 9,095 217 8,878  
    GOOSEFOOT COMPUTER 2,531 337 2,194  
    GOOSEFOOT COMPUTER 640 75 565  
    GOOSEFOOT WEBSITE 525 79 446  


    TY 2021 LegalFeesSchedule
    Name:
    GOOSEFOOT COMMUNITY FUND
    EIN:
    91-1960139
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 3,447 0 3,447 0


    TY 2021 OtherExpensesSchedule
    Name:
    GOOSEFOOT COMMUNITY FUND
    EIN:
    91-1960139
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSE 27,142 0 27,142 0
    INSURANCE 49,121 0 49,121 0
    ADVERTISING AND MARKETING 15,919 0 15,919 0
    ACTIVITIES EXPENSE 12,944 0 12,944 0


    TY 2021 OtherIncomeSchedule2
    Name:
    GOOSEFOOT COMMUNITY FUND
    EIN:
    91-1960139
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    TENANT RENTS 596,403   596,403
    BAYVIEW GROCERY INC 1,140,931   1,140,931
    MISELLANEOUS 12,134   12,134


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    GOOSEFOOT COMMUNITY FUND
    EIN:
    91-1960139
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL SERVICES AND CONSULTING 145,786 0 145,786 0


    TY 2021 TaxesSchedule
    Name:
    GOOSEFOOT COMMUNITY FUND
    EIN:
    91-1960139
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROPERTY TAXES 32,545 0 32,545 0
    LICENSES AND PERMITS 973 0 973 0
    UBIT TAXES 200,000 0 200,000 0
    PAYROLL TAXES 45,820 0 45,820 0