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
APEX FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 245
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BELLEVUE, WA98009
A Employer identification number

91-1950397
B Telephone number (see instructions)

(425) 460-2500
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$162,420,089J Accounting method:
MODIFIED CASH
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 5,083 5,083  
4 Dividends and interest from securities... 2,180,931 2,180,931  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -1,788,840
b Gross sales price for all assets on line 6a 134,492,663
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 53,929 53,929  
12 Total. Add lines 1 through 11........ 451,103 2,239,943  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 525,762 145,874   379,888
14 Other employee salaries and wages...... 291,366 0   291,366
15 Pension plans, employee benefits....... 79,564 15,064   64,500
16a Legal fees (attach schedule)......... Click to see attachment 3,542 0   3,542
b Accounting fees (attach schedule)....... Click to see attachment 5,300 0   5,300
c Other professional fees (attach schedule).... Click to see attachment 9,060 0   9,060
17 Interest............... 5,107 5,107   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 122,723 42,573   48,248
19 Depreciation (attach schedule) and depletion... Click to see attachment 2,892 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 505,223 442,346   61,403
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,550,539 650,964   863,307
25 Contributions, gifts, grants paid....... 5,901,248 5,401,248
26 Total expenses and disbursements. Add lines 24 and 25 7,451,787 650,964   6,264,555
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -7,000,684
b Net investment income (if negative, enter -0-) 1,588,979
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............. 309,531 504,804 504,804
2 Savings and temporary cash investments......... 147,175 690,258 690,258
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet4,584,500
Less: allowance for doubtful accounts bullet0 5,084,500 4,584,500 4,584,500
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
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).......... 120,011,237 Click to see attachment112,773,396 148,825,861
14 Land, buildings, and equipment: basis bullet26,158
Less: accumulated depreciation (attach schedule) bullet18,635 10,416 Click to see attachment7,523 7,523
15 Other assets (describe bullet) Click to see attachment7,807,143 Click to see attachment7,807,143 Click to see attachment7,807,143
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 133,370,002 126,367,624 162,420,089
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment3,723 Click to see attachment2,029
23 Total liabilities (add lines 17 through 22)......... 3,723 2,029
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........... 133,366,279 126,365,595
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)..... 133,366,279 126,365,595
30 Total liabilities and net assets/fund balances (see instructions). 133,370,002 126,367,624
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
133,366,279
2
Enter amount from Part I, line 27a .....................
2
-7,000,684
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
126,365,595
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
126,365,595
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 PANTHEON DIST. IN EXCESS OF BASIS P   2021-12-31
b GS CAPITAL PARTNERS 1612 P   2021-12-31
c GS CAPITAL PARTNERS 3873 P   2021-12-31
d RSQUARED FUND I, LP P   2021-12-31
e COWEN HEALTHCARE INVESTMENTS IV LP P   2021-12-31
ARCH VENTURE FUND X,LP P   2021-12-31
ARCH VENTURE FUND X OVERAGE LP P   2021-12-31
GS CAPITAL PARTNERS 1612 P   2021-12-31
LEAVITT EQUITY PARTNERS I P   2021-12-31
LEAVITT EQUITY PARTNERS I P   2021-12-31
NORTHERN TRUST 870 P   2021-12-31
NORTHERN TRUST 889 P   2021-12-31
NORTHERN TRUST 957 P   2021-12-31
NORTHERN TRUST 712 P   2021-12-31
NORTHERN TRUST 919 P   2021-12-31
ENERGY TRANSFER LP P   2021-12-31
FIR TREE SOF XII P   2021-12-31
GS CAPITAL PARTNERS 5554 P   2021-12-31
LEAVITT EQUITY PARTNERS II P   2021-12-31
(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 123,717     123,717
b     19,411 -19,411
c 54     54
d 3,740     3,740
e 5,983     5,983
    5,370 -5,370
    9,605 -9,605
      0
    817 -817
1,107,666     1,107,666
15   12 3
69,412,509   78,821,327 -9,408,818
57,627,575   52,527,632 5,099,943
3   3 0
6,176,606   4,897,309 1,279,297
80     80
232     232
34,483     34,483
    17 -17
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       123,717
b       -19,411
c       54
d       3,740
e       5,983
      -5,370
      -9,605
      0
      -817
      1,107,666
      3
      -9,408,818
      5,099,943
      0
      1,279,297
      80
      232
      34,483
      -17
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 -1,788,840
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 22,087
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 22,087
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 89,129
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 25,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 114,129
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 92,042
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet92,042 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 changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletWA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructionsClick to see attachment.................
    12
    Yes
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletCRAIG STEWART Telephone no.bullet (425) 460-2500

    Located atbulletONE 100TH AVE NEBELLEVUEWA ZIP+4bullet98004
    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)
    Yes
     
    (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
     
    No
    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
    Yes
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    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
    CRAIG W STEWART PRESIDENT
    30.00     		207,404 10,590 0
    PO BOX 245
    BELLEVUE,WA98009
    JOLENE M MCCAW VICE PRESIDENT
    10.00     		0 0 0
    PO BOX 245
    BELLEVUE,WA98009
    BRUCE R MCCAW VICE PRESIDENT
    10.00     		0 0 0
    PO BOX 245
    BELLEVUE,WA98009
    RYAN PORTER TREASURER
    20.00     		145,874 15,065 0
    PO BOX 245
    BELLEVUE,WA98009
    AURELIE MCKINSTRY EXECUTIVE DIRECTOR/SECRETA
    40.00     		172,484 21,006 0
    PO BOX 245
    BELLEVUE,WA98009
    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
    JEAN-PIERRE LAURENT PROGRAM DIRECTOR LGM
    40.00     		100,786 16,838 0
    PO BOX 245
    BELLEVUE,WA98009
    ERIN EDELBROCK GRANTS & OFFICE ADMI
    40.00     		92,700 5,120 0
    PO BOX 245
    BELLEVUE,WA98009
    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
    NORTHERN TRUST INVESTMENT MANAGEMENT 74,183
    1301 2ND AVENUE 2600
    SEATTLE,WA98101
    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
    126,520,975
    b
    Average of monthly cash balances.......................
    1b
    904,920
    c
    Fair market value of all other assets (see instructions)................
    1c
    26,262,258
    d
    Total (add lines 1a, b, and c).........................
    1d
    153,688,153
    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
    153,688,153
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    2,305,322
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    151,382,831
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    7,569,142
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    7,569,142
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    22,087
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    22,087
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    7,547,055
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    7,547,055
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    7,547,055
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 7,547,055
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 6,139,595
    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$ 6,264,555
    a Applied to 2020, but not more than line 2a 6,139,595
    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..... 124,960
    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 ..........     		7,422,095
    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).)
    JOLENE M MCCAW
    BRUCE R MCCAW
    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
    MICHAEL J FOX FOUNDATION FOR PARKINSONS RESEARCH
    PO BOX 5014
    HAGERSTOWN,MD217415014     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 500
    FRIENDS OF MUSIC AT HAMILTON INTERNATIONAL
    PO BOX 31613
    SEATTLE,WA98103     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 250
    INTERNET ARCHIVE
    300 FUNSTON AVE
    SAN FRANCISCO,CA94118     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 103
    SAMMAMISH ROWING ASSOCIATION
    PO BOX 3309
    REDMOND,WA98073     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 349
    SECOND HARVEST OF SILICON VALLEY
    750 CURTNER AVENUE
    SAN JOSE,CA95125     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 103
    CHERRY STREET MISSION
    PO BOX 9100
    TOLEDO,OH43697     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 500
    BEDS FROM BRIAN
    5153 GRISWOLD ST
    MIDDLEPORT,NY141059634     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 1,000
    SEATTLE'S UNION GOSPEL MISSION
    PO BOX 202
    SEATTLE,WA981110202     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 500
    WORLD CENTRAL KITCHEN
    655 NEW YORK AVE NW 6TH FLOOR
    WASHINGTON,DC20001     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 105
    WHATCOM COMMUNITY FOUNDATION
    1500 CORNWALL AVENUE SUITE 202
    BELLINGHAM,WA98225     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 250
    CALIFORNIA ASSOCIATION OF FOOD BANKS
    1624 FRANKLIN STREET SUITE 722
    OAKLAND,CA94612     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 52
    NORTHWEST HARVEST
    PO BOX 12272
    SEATTLE,WA98102     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 52
    DOWNTOWN EMERGENCY SERVICES CENTER
    515 THIRD AVE
    SEATTLE,WA98104     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 500
    FRENCH AMERICAN SCHOOL OF PUGET SOUND
    3795 EAST MERCER WAY
    MERCER ISLAND,WA98040     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 2,500
    NORTHSHORE LITTLE LEAGUE
    PO BOX 1764
    BOTHELL,WA98041     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 65
    NEWPORT LACROSSE
    PO BOX 50713
    BELLEVUE,WA98015     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 500
    ISSAQUAH FOOD & CLOTHING BANK
    179 1ST AVE SE
    ISSAQUAH,WA980273824     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 1,000
    CHAPS
    PO BOX 686
    MERCER ISLAND,WA98040     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 10,000
    XTREME SPEED TRACK CLUB
    PO BOX 9410
    COVINGTON,WA98042     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 75
    SAMARITAN'S PURSE
    PO BOX 3000
    BOONE,NC286073000     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 10,000
    ESCADRILLE BOOSTER ASSOCIATION
    906 W MCDERMOTT DR STE 116
    ALLEN,TX75013     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 50
    FRENCH AMERICAN SCHOOL OF PUGET SOUND
    3795 EAST MERCER WAY
    MERCER ISLAND,WA98040     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 2,500
    A FUTURE & A HOPE
    PO BOX 58114
    RENTON,WA98058     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 10,000
    C895 PUBLIC RADIO
    10750 30TH AVE NE
    SEATTLE,WA98125     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 190
    COMPASSION INTERNATIONAL INCORPORATED
    12290 VOYAGER PKWY
    COLORADO SPRINGS,CO809213668     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 648
    INTERNATIONAL JUSTICE MISSION
    PO BOX 96961
    WASHINGTON,DC200906961     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 1,200
    MAMMA'S HANDS
    PO BOX 40464
    BELLEVUE,WA98015     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 100
    NORTH BEND ART & INDUSTRY
    249 MAIN AVE S STE 107 168
    NORTH BEND,WA98045     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 100
    NORTHWEST KIDNEY CENTERS
    700 BROADWAY
    SEATTLE,WA981224302     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 1,167
    SEATTLE ART MUSEUM
    1300 FIRST AVENUE
    SEATTLE,WA98101     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 250
    SNOQUALMIE VALLEY COMMUNITY NETWORK
    PO BOX 910
    CARNATION,WA98014     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 103
    SNOQUALMIE VALLEY FOOD BANK
    122 EAST 3RD STREET
    NORTH BEND,WA98045     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 100
    UNIVERSITY OF WASHINGTON FOUNDATION
    4333 BROOKLYN AVE NE BOX 359505
    SEATTLE,WA981959505     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 100
    UNIVERSITY OF WASHINGTON FOUNDATION
    4333 BROOKLYN AVE NE BOX 359505
    SEATTLE,WA981959505     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 275
    WORLD VISION INTERNATIONAL
    PO BOX 9716
    FEDERAL WAY,WA98063     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 1,015
    COLORADO COLLEGE
    14 E CACHE LA POUDRE STREET
    COLORADO SPRINGS,CO80903     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 9,000
    LOOMIS CHAFFEE SCHOOL
    4 BATCHELDER ROAD
    WINDSOR,CT06095     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 2,500
    MIDDLEBURY COLLEGE
    700 EXCHANGE STREET
    MIDDLEBURY,VT05753     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 2,500
    SWEDISH MEDICAL CENTER FOUNDATION
    747 BROADWAY
    SEATTLE,WA98122     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 1,000
    BELLEVUE SCHOOLS FOUNDATION
    PO BOX 40644
    BELLEVUE,WA980154644     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 258
    MUSEUM OF FLIGHT
    9404 EAST MARGINAL WAY SOUTH
    SEATTLE,WA981084097     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 1,000
    LAKESIDE SCHOOL
    C/O BANK OF AMERICA PO BOX 740136
    LOS ANGELES,CA900740136     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 1,000
    BEHIND THE BADGE FOUNDATION
    8309 165TH AVE NE SUITE 205
    REDMOND,WA98052     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 1,000
    BELLEVUE LIFESPRING
    302 BELLEVUE SQUARE
    BELLEVUE,WA98004     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 250
    NMD UNITED
    3310 W BRAKER LANE SUITE 300 927
    AUSTIN,TX78758     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 500
    THE OCEAN CLEANUP
    DEPT LA 24875
    PASADENA,CA91185     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 500
    WIKIMEDIA FOUNDATION INC
    PO BOX 98204
    WASHINGTON,DC200908204     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 250
    GUSTAVUS ADOLPHUS COLLEGE
    OFFICE OF INSTITUTIONAL ADVANCEMENT
    800 WEST COLLEGE AVE
    ST PETER,MN56082     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 1,500
    NORTHWEST CENTER
    1119 SW 7TH STREET
    RENTON,WA98057     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 105
    NVC FOUNDATION
    1212 SOUTH KING STREET
    SEATTLE,WA98144     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 100
    PANCREATIC CANCER ACTION NETWORK
    1500 ROSECRANS AVE SUITE 200
    MANHATTAN BEACH,CA90266     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 103
    PEPS
    4649 SUNNYSIDE AVENUE N 324
    SEATTLE,WA98103     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 103
    SHAWNIGAN LAKE SCHOOL
    C/O BANNER BANK MS JENNIFER DATE PO
    BOX 2105
    BOTHELL,WA980412105     		  SO I MATCHING GIFT - GENERAL OPERATING SUPPORT 1,000
    BABIES OF HOMELESSNESS
    PO BOX 147
    BOTHELL,WA98041     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 1,908
    INTERNATIONAL RESCUE COMMITTEE OF SEATTLE
    1200 S 192ND STREET SUITE 101
    SEATAC,WA98148     		  PC MATCHING GIFT - GENERAL OPERATING SUPPORT 1,620
    JUSTWORLD INTERNATIONAL
    11924 W FOREST HILL BOULEVARD
    10A-396
    WELLINGTON,FL33414     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 515
    CAMAS COUNTY
    PO BOX 429
    FAIRFIELD,ID83327     		  GOV PROGRAM SUPPORT 2,000
    WHIM W'HIM
    3417 EVANSTON AVE N 229
    SEATTLE,WA98103     		  PC EVENT 5,000
    RAINIER SCHOLARS
    2100 24TH AVENUE SOUTH SUITE 360
    SEATTLE,WA98144     		  PC EVENT 2,500
    SEATTLE POLICE FOUNDATION
    PO BOX 456
    SEATTLE,WA981110456     		  PC BOMB DETECTION K9 6,000
    BELLEVUE LIFESPRING
    302 BELLEVUE SQUARE
    BELLEVUE,WA98004     		  PC PROGRAM SUPPORT 25,000
    KELSO BABE RUTH
    PO BOX 824
    KELSO,WA986260072     		  PC PROGRAM SUPPORT 10,000
    YWCA OF SEATTLE-KING-SNOHOMISH COUNTY
    1118 FIFTH AVENUE
    SEATTLE,WA98101     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 50,000
    BELLEVUE FIRE FOUNDATION
    PO BOX 844
    BELLEVUE,WA98009     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    PEDIATRIC INTERIM CARE CENTER
    328 4TH AVENUE SOUTH
    KENT,WA98032     		  PC PROGRAM SUPPORT 20,000
    PEPS
    4649 SUNNYSIDE AVENUE N 324
    SEATTLE,WA98103     		  PC PROGRAM SUPPORT 10,000
    NORTHWEST ORGANIZATION FOR ANIMAL HELP
    31300 BRANDSTROM ROAD
    STANWOOD,WA98292     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 10,000
    BESANT HILL SCHOOL OF HAPPY VALLEY
    8585 OJAI SANTA PAULA RD
    OJAI,CA930239351     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 10,000
    BOYS & GIRLS CLUBS OF BELLEVUE
    209 100TH AVE NE
    BELLEVUE,WA980045625     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 25,000
    VILLAGE THEATRE
    303 FRONT ST N
    ISSAQUAH,WA98027     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 60,000
    YEAR UP PUGET SOUND
    PO BOX 412812
    BOSTON,MA02241     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 50,000
    PEPS
    4649 SUNNYSIDE AVENUE N 324
    SEATTLE,WA98103     		  PC EVENT 2,500
    BELLEVUE POLICE FOUNDATION
    PO BOX 1543
    BELLEVUE,WA980091543     		  PC K-9 PROGRAM 15,000
    SAVE THE CHILDREN
    501 KINGS HIGHWAY EAST - SUITE 400
    FAIRFIELD,CT06825     		  PC PROGRAM SUPPORT 20,000
    SWEDISH MEDICAL CENTER FOUNDATION
    747 BROADWAY
    SEATTLE,WA98122     		  PC DOULA PROGRAM 50,000
    ONE LOVE FOUNDATION
    PO BOX 368
    BRONXVILLE,NY10708     		  PC PROGRAM SUPPORT 50,000
    SESAME WORKSHOP
    1900 BROADWAY
    NEW YORK,NY10023     		  PC PROGRAM SUPPORT 25,000
    WHIM W'HIM
    3417 EVANSTON AVE N 229
    SEATTLE,WA98103     		  PC 2022 PERFORMANCE 25,000
    GEORGETOWN UNIVERSITY
    GIFT PROCESSING DEPARTMENT NUMBER
    0734
    WASHINGTON,DC200730734     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 25,000
    SEATTLE UNIVERSITY
    901 12TH AVENUE
    SEATTLE,WA981221090     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 10,000
    FRED HUTCHINSON CANCER RESEARCH CENTER FOUNDATION
    1100 FAIRVIEW AVENUE N PO BOX 19024
    SEATTLE,WA98109     		  PC ONLINE CULINARY EDUCATION PROGRAM 230,000
    OVERLAKE MEDICAL CENTER FOUNDATION
    1035 116TH AVENUE NE
    BELLEVUE,WA98004     		  PC CAPITAL CAMPAIGN 250,000
    THE TREVOR PROJECT
    PO BOX 69232
    WEST HOLLYWOOD,CA90069     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 25,000
    TREEHOUSE
    2100 24TH AVENUE S SUITE 200
    SEATTLE,WA98144     		  PC PROGRAM SUPPORT 50,000
    NATIONAL AIR AND SPACE MUSEUM
    OFFICE OF ADVANCEMENT PO BOX 37012
    MRC 310
    WASHINGTON,DC200137012     		  PC MEMORIAL GIFT 1,000
    CONGRESSIONAL MEDAL OF HONOR SOCIETY
    40 PATRIOTS POINT ROAD
    MT PLEASANT,SC29464     		  PC ARCHIVES PROGRAM 85,000
    BELLEVUE YOUTH THEATRE FOUNDATION
    16051 NE 10TH STREET
    BELLEVUE,WA98008     		  PC MEMORIAL GIFT 1,000
    SEATTLE COLLEGES FOUNDATION
    1500 HARVARD AVE
    SEATTLE,WA98122     		  PC JAZZ STUDIES 4,812
    NEWCASTLE UNIVERSITY
    NEWCASTLE JOINT RESEARCH OFFICE
    REGENT POINT
    GOSFORTH   NE3 3HD
    UK     		  GOV LGMD2I GRANT 46,378
    INDIANAPOLIS MOTOR SPEEDWAY MUSEUM
    4750 W 16TH ST
    INDIANAPOLIS,IN46222     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 1,000
    THE DAWN REDWOODS CHARITABLE TRUST
    ONE BLACKFIELD DRIVE SUITE 331
    TIBURON,CA949202053     		  PC MEMORIAL GIFT 2,500
    LUPUS FOUNDATION OF AMERICA
    2121 K STREET NW SUITE 200
    WASHINGTON,DC200371830     		  PC MEMORIAL GIFT 2,500
    UCP OF SACRAMENTO AND NORTHERN CALIFORNIA
    4350 AUBURN BLVD
    SACRAMENTO,CA95841     		  PC MEMORIAL GIFT 2,500
    MUSEUM OF FLIGHT
    9404 EAST MARGINAL WAY SOUTH
    SEATTLE,WA981084097     		  PC MEMORIAL GIFT 2,500
    ALZHEIMER'S ASSOCIATION
    225 N MICHIGAN AVE FL 17
    CHICAGO,IL60601     		  PC MEMORIAL GIFT 2,500
    ANGEL FLIGHT WEST
    3161 DONALD DOUGLAS LOOP S
    SANTA MONICA,CA904053210     		  PC EVENT 15,000
    BELLEVUE LIFESPRING
    302 BELLEVUE SQUARE
    BELLEVUE,WA98004     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    INDIANAPOLIS MOTOR SPEEDWAY MUSEUM
    4750 W 16TH ST
    INDIANAPOLIS,IN46222     		  PC MEMORIAL GIFT 2,500
    WASHINGTON STATE UNIVERSITY FOUNDATION
    PO BOX 641927
    PULLMAN,WA991641927     		  PC MEMORIAL GIFT 2,500
    MUSEUM OF FLIGHT
    9404 EAST MARGINAL WAY SOUTH
    SEATTLE,WA981084097     		  PC MEMORIAL GIFT 2,500
    UND FOUNDATION
    3501 UNIVERSITY AVE STOP 8157
    GRAND FORKS,ND58202     		  PC PROGRAM SUPPORT 28,800
    EASTSIDE PREPARATORY SCHOOL
    10613 NE 38TH PL
    KIRKLAND,WA980337927     		  PC CAPITAL CAMPAIGN 75,000
    BABIES OF HOMELESSNESS
    PO BOX 147
    BOTHELL,WA98041     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 1,000
    WHIDBEY ISLAND CENTER FOR THE ARTS
    PO BOX 52
    LANGLEY,WA98260     		  PC PROGRAM SUPPORT 1,000
    PEBBLE BEACH COMPANY FOUNDATION
    PO BOX 222860
    CARMEL,CA93922     		  PC EVENT 25,000
    PNWH VINTAGE RACING CHARITIES
    22656 24TH AVE SO
    DES MONIES,WA98198     		  PC MEMORIAL GIFT 2,500
    BEHIND THE BADGE FOUNDATION
    8309 165TH AVE NE SUITE 205
    REDMOND,WA98052     		  PC PROGRAM SUPPORT 5,000
    UNIVERSITY OF IOWA CHILDREN'S HOSPITAL
    GRANT ACCOUNTING OFFICE 201 S
    CLINTON ST SW164-4 GH
    IOWA CITY,IA522424034     		  GOV LGMD2I GRANT 3,000
    BASTYR UNIVERSITY
    14500 JUANITA DRIVE NE
    KENMORE,WA98028     		  PC LGMD2I GRANT 4,000
    GATES GLOBAL POLICY CENTER
    C/O WILLIAM AND MARY GLOBAL
    RESEARCH INSTITUTE 427 SCOTLAND STR
    WILLIAMSBURG,VA23185     		  PC PROGRAM SUPPORT 50,000
    JEWISH FAMILY SERVICE OF SEATTLE
    1601 16TH AVE
    SEATTLE,WA98122     		  PC MEMORIAL GIFT 1,000
    WASHINGTON STATE UNIVERSITY FOUNDATION
    PO BOX 641927
    PULLMAN,WA991641927     		  PC MEMORIAL GIFT 2,500
    MICHAEL E THORNTON FOUNDATION
    12770 MERIT DRIVE SUITE 124
    DALLAS,TX75251     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    THE GENERAL AND NANCY LEE BRADY FOUNDATION
    C/O THE CATHOLIC COMMUNITY
    FOUNDATION 111 BARILLA PLACE
    SAN ANTONIO,TX78209     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    BEHIND THE BADGE FOUNDATION
    8309 165TH AVE NE SUITE 205
    REDMOND,WA98052     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 10,000
    DEE HOWARD FOUNDATION
    9901 IH 10 W SUITE 800
    SAN ANTONIO,TX782302292     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 10,000
    NATIONAL AIR AND SPACE MUSEUM
    OFFICE OF ADVANCEMENT PO BOX 37012
    MRC 310
    WASHINGTON,DC200137012     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 25,000
    HILLSDALE COLLEGE
    33 E COLLEGE ST
    HILLSDALE,MI492421205     		  PC PROGRAM SUPPORT 25,000
    WASHINGTON POLICY CENTER
    PO BOX 3643
    SEATTLE,WA98124     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 50,000
    PACIFIC LEGAL FOUNDATION
    10940 NE 33RD PLACE SUITE 210
    BELLEVUE,WA98004     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 10,000
    HERSHEL WOODY WILLIAMS CONGRESSIONAL MEDAL OF HONOR EDUCATION FOUNDATION
    12123 SHELBYVILLE ROAD STE 100
    LOUISVILLE,KY40243     		  PC GOLD STAR FAMILY MEMORIAL 30,000
    ANTIOCH UNIVERSITY
    40 AVON STREET
    KEENE,WA03431     		  PC PROGRAM SUPPORT 5,000
    SEATTLE COLLEGES FOUNDATION
    1500 HARVARD AVE
    SEATTLE,WA98122     		  PC JAZZ STUDIES 6,487
    PARTNERS FOR EARLY LEARNING
    PO BOX 5274
    WEST RICHLAND,WA99353     		  PC PARTNERSHIP LICENSE 10,000
    CURELGMD2I
    590 CENTERVILLE ROAD 340
    LANCASTER,PA17601     		  PC LGMD2I GRANT 2,500
    NORTHWEST MARITIME CENTER
    431 WATER STREET
    PORT TOWNSEND,WA98368     		  PC PROGRAM SUPPORT 125,000
    GENETHON
    1 RUE D LINTERNATIONALE
    EVRY   91000
    FR     		  NC - FOREIGN NON-EXE LGMD2I GRANT 58,610
    RESEARCH INSTITUTE AT NATIONWIDE CHILDRENS HOSPITAL
    700 CHILDRENS DR
    COLUMBUS,OH432052664     		  PC LGMD2I GRANT 45,000
    MARINE CORPS SCHOLARSHIP FOUNDATION
    909 N WASHINGTON ST SUITE 400
    ALEXANDRIA,VA22314     		  PC MEMORIAL GIFT 5,000
    MUSEUM OF FLIGHT
    9404 EAST MARGINAL WAY SOUTH
    SEATTLE,WA981084097     		  PC MEMORABILA GIFT 19,250
    AMERICAN ENTERPRISE INSTITUTE FOR PUBLIC POLICY RESEARCH
    1789 MASSACHUSETTS AVENUE NW
    WASHINGTON,DC20036     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    SAN DIEGO AIR AND SPACE MUSEUM
    2001 PAN AMERICAN PLAZA
    SAN DIEGO,CA92101     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    PETERSEN AUTOMOTIVE MUSEUM
    6060 WILSHIRE BLVD
    LOS ANGELES,CA90036     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    CITIZEN'S ALLIANCE FOR PROPERTY RIGHTS LEGAL FUND
    718 GRIFFIN AVE 7
    ENUMCLAW,WA98022     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    INDEPENDENT WOMEN'S FORUM
    4 WEEMS LANE 312
    WINCHESTER,VA22601     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    INDIANAPOLIS MOTOR SPEEDWAY MUSEUM
    4750 W 16TH ST
    INDIANAPOLIS,IN46222     		  PC MEMORIAL GIFT 5,000
    INDIANAPOLIS MOTOR SPEEDWAY MUSEUM
    4750 W 16TH ST
    INDIANAPOLIS,IN46222     		  PC MEMORIAL GIFT 2,500
    INDIANAPOLIS MOTOR SPEEDWAY MUSEUM
    4750 W 16TH ST
    INDIANAPOLIS,IN46222     		  PC MEMORIAL GIFT 2,500
    PETERSEN AUTOMOTIVE MUSEUM
    6060 WILSHIRE BLVD
    LOS ANGELES,CA90036     		  PC MEMORIAL GIFT 5,000
    DENSHO
    1416 S JACKSON ST
    SEATTLE,WA98144     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    AOPA FOUNDATION
    421 AVIATION WAY
    FREDERICK,MD21701     		  PC PROGRAM SUPPORT 100,000
    PIMA AIR & SPACE MUSEUM
    6000 E VALENCIA RD
    TUCSON,AZ85756     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 25,000
    INDIANAPOLIS MOTOR SPEEDWAY MUSEUM
    4750 W 16TH ST
    INDIANAPOLIS,IN46222     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 10,000
    COSMOSPHERE & SPACE CENTER
    1100 NORTH PLUM STREET
    HUTCHINSON,KS67501     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 10,000
    HYDROPLANE AND RACEBOAT MUSEUM
    5917 SOUTH 196TH STREET
    KENT,WA98032     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 10,000
    PALM SPRINGS AIR MUSEUM
    745 NORTH GENE AUTRY TRAIL
    PALM SPRINGS,CA92262     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 10,000
    PEARL HARBOR AVIATION MUSEUM
    319 LEXINGTON BLVD
    HONOLULU,HI968185004     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 10,000
    CINCINNATI MUSEUM CENTER
    1301 WESTERN AVE
    CINCINNATI,OH45203     		  PC MEMORIAL GIFT 5,000
    PHILANTHROPY ROUNDTABLE
    1120 20TH STREET NW SUITE 550 SOUTH
    WASHINGTON,DC20036     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    CENTER FOR AMERICAN VALUES
    101 SOUTH MAIN STREET SUITE 100
    PUEBLO,CO81003     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    AIR FORCE ACADEMY FOUNDATION
    ATTN GIFT PROCESSING 3116 ACADEMY
    DRIVE F
    ACADEMY,CO808404475     		  PC MEMORIAL GIFT 2,500
    PEBBLE BEACH COMPANY FOUNDATION
    PO BOX 222860
    CARMEL,CA93922     		  PC MEMORIAL GIFT 5,000
    NATIONAL AIR AND SPACE MUSEUM
    OFFICE OF ADVANCEMENT PO BOX 37012
    MRC 310
    WASHINGTON,DC200137012     		  PC MEMORIAL GIFT 2,500
    EAA
    PO BOX 3086
    OSHKOSH,WI549033086     		  PC MEMORIAL GIFT 5,000
    DUKE OF EDINBURGH'S INTERNATIONAL AWARD
    53 WEST JACKSON BOULEVARD SUITE
    1742
    CHICAGO,IL60604     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    DUKE OF EDINBURGH'S INTERNATIONAL AWARD
    53 WEST JACKSON BOULEVARD SUITE
    1742
    CHICAGO,IL60604     		  PC MEMORIAL GIFT 5,000
    SPINA BIFIDA OF JACKSONVILLE
    2970 MERCURY ROAD
    JACKSONVILLE,FL32207     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 2,500
    CONGRESSIONAL MEDAL OF HONOR SOCIETY
    40 PATRIOTS POINT ROAD
    MT PLEASANT,SC29464     		  PC ARCHIVES PROGRAM 95,000
    HERITAGE FLIGHT MUSEUM
    15053 CROSSWIND DR
    BURLINGTON,WA98233     		  POF GREATEST NEED/ UNRESTRICTED SUPPORT 25,000
    BILL OF RIGHTS INSTITUTE
    1310 NORTH COURTHOUSE RD 620
    ARLINGTON,VA22201     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 15,000
    SECOND AMENDMENT FOUNDATION
    12500 NE 10TH PL
    BELLEVUE,WA980052532     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 10,000
    MUSEUM OF FLIGHT
    9404 EAST MARGINAL WAY SOUTH
    SEATTLE,WA981084097     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 500,000
    BELLEVUE LIFESPRING
    302 BELLEVUE SQUARE
    BELLEVUE,WA98004     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    AMERICAN STUDIO
    5114 POINT FOSDICK DR SUITE F 3001
    GIG HARBOR,WA983351733     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 10,000
    HISTORYLINK
    93 PIKE STREET SUITE 315B
    SEATTLE,WA98101     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    PACIFIC SCIENCE CENTER
    200 SECOND AVENUE NORTH
    SEATTLE,WA98109     		  PC MEMORIAL GIFT 5,000
    ALZHEIMER'S ASSOCIATION
    225 N MICHIGAN AVE FL 17
    CHICAGO,IL60601     		  PC MEMORIAL GIFT 5,000
    SR3ORG
    2003 S 216TH ST 98811
    DES MOINES,WA98198     		  PC MEMORIAL GIFT 5,000
    SEATTLE OPERA
    363 MERCER STREET
    SEATTLE,WA98109     		  PC MEMORIAL GIFT 50,000
    MOTORSPORTS HALL OF FAME AMERICA
    1801 W INTERNATIONAL SPEEDWAY BLVD
    DAYTONA BEACH,FL32114     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    SEATTLE SYMPHONY
    PO BOX 21906
    SEATTLE,WA981113906     		  SO I MEMORIAL GIFT 50,000
    NATIONAL MEDAL OF HONOR MUSEUM FOUNDATION
    1905 EAST RANDOL MILL ROAD
    ARLINGTON,TX76011     		  PC CAPITAL CAMPAIGN 250,000
    SPEEDWAY MOTORS MUSEUM OF AMERICAN SPEED
    PO BOX 81906
    LINCOLN,NE68528     		  POF MEMORIAL GIFT 10,000
    AMERICAN HEART ASSOCIATION INC
    710 2ND AVE SUITE 900
    SEATTLE,WA98104     		  PC EVENT 2,500
    ALZHEIMER'S ASSOCIATION
    225 N MICHIGAN AVE FL 17
    CHICAGO,IL60601     		  PC MEMORIAL GIFT 2,500
    WHIM W'HIM
    3417 EVANSTON AVE N 229
    SEATTLE,WA98103     		  PC EVENT 5,000
    BELLEVUE LIFESPRING
    302 BELLEVUE SQUARE
    BELLEVUE,WA98004     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 10,000
    5TH AVENUE THEATRE
    1308 5TH AVENUE
    SEATTLE,WA98101     		  PC RISING STAR PROJECT 15,000
    KELSO BABE RUTH
    PO BOX 824
    KELSO,WA986260072     		  PC WORLD SERIES TEAM SPONSORSHIP 33,000
    JED FOUNDATION
    6 EAST 39TH ST SUITE 700
    NEW YORK,NY10016     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 10,000
    RECOVERY CAFE
    2022 BOREN AVE
    SEATTLE,WA981212703     		  PC EVENT 25,000
    DRAMA LEAGUE
    32 AVENUE OF THE AMERICAS GROUND
    LEVEL
    NEW YORK,NY10013     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 50,000
    AMERICAN HEART ASSOCIATION INC
    710 2ND AVE SUITE 900
    SEATTLE,WA98104     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 25,000
    ARBORETUM FOUNDATION
    2300 ARBORETUM DRIVE E
    SEATTLE,WA98112     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 5,000
    COMMUNITY HOME HEALTH & HOSPICE
    PO BOX 2067
    LONGVIEW,WA98632     		  PC CAPITAL CAMPAIGN 5,000
    WHIM W'HIM
    3417 EVANSTON AVE N 229
    SEATTLE,WA98103     		  PC EVENT 5,000
    WHIM W'HIM
    3417 EVANSTON AVE N 229
    SEATTLE,WA98103     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 100,000
    SUMMER SEARCH
    635 ANDOVER PARK WEST BUILDING 8
    SUITE 200
    TUKWILA,WA98188     		  PC DEPTH MENTORING INSTITUTE 100,000
    PEPS
    4649 SUNNYSIDE AVENUE N 324
    SEATTLE,WA98103     		  PC PARENTS OF ADOLESCENTS & TEENS PROGRAM 50,000
    SR3ORG
    2003 S 216TH ST 98811
    DES MONIES,WA98198     		  PC MEMORIAL GIFT 5,000
    ALZHEIMER'S ASSOCIATION
    225 N MICHIGAN AVE FL 17
    CHICAGO,IL60601     		  PC MEMORIAL GIFT 5,000
    PACIFIC SCIENCE CENTER
    200 SECOND AVENUE NORTH
    SEATTLE,WA98109     		  PC MEMORIAL GIFT 5,000
    JED FOUNDATION
    6 EAST 39TH ST SUITE 700
    NEW YORK,NY10016     		  PC PROGRAM SUPPORT 250,000
    JED FOUNDATION
    6 EAST 39TH ST SUITE 700
    NEW YORK,NY10016     		  PC PROGRAM SUPPORT 750,000
    SEATTLE FOUNDATION
    1601 FIFTH AVENUE SUITE 1900
    SEATTLE,WA981013615     		  PC PROGRAM SUPPORT 40,000
    SALVATION ARMY
    911 164TH AVE NE
    BELLEVUE,WA98008     		  PC MEMORIAL GIFT 5,000
    LIFE WORKS
    906 NEW YORK STREET
    LONGVIEW,WA986324132     		  PC PROGRAM SUPPORT 50,000
    SWEDISH MEDICAL CENTER FOUNDATION
    747 BROADWAY
    SEATTLE,WA98122     		  PC MEMORIAL GIFT 50,000
    SHAWNIGAN LAKE SCHOOL
    C/O BANNER BANK MS JENNIFER DATE PO
    BOX 2105
    BOTHELL,WA980412105     		  SO I LEARNING CENTRE 75,000
    ACTORS FUND
    729 SEVENTH AVENUE 10TH FLOOR
    NEW YORK,NY10019     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 100,000
    ARTHRITIS NATIONAL RESEARCH FOUNDATION
    19200 VON KARMAN AVE SUITE 350
    IRVINE,CA92612     		  PC PROGRAM SUPPORT 25,000
    PLANNED PARENTHOOD
    PPGNHI FUNDRAISING MS 313641 PO BOX
    3641
    SEATTLE,WA981243641     		  PC PROGRAM SUPPORT 50,000
    PACIFIC NORTHWEST BALLET ASSOCIATION
    301 MERCER ST
    SEATTLE,WA98109     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 100,000
    ST JOHN MEDICAL CENTER FOUNDATION
    1615 DELAWARE STREET PO BOX 3002
    LONGVIEW,WA98632     		  PC GREATEST NEED/ UNRESTRICTED SUPPORT 100,000
    CELIAC DISEASE CENTER AT COLUMBIA UNIVERSITY
    HARKNESS PAVILION 180 FORT
    WASHINGTON AVENUE SUITE 934
    NEW YORK,NY10032     		  PC PROGRAM SUPPORT 25,000
    BENAROYA RESEARCH INSTITUTE AT VIRGINIA MASON
    1201 NINTH AVENUE
    SEATTLE,WA981012795     		  PC PROGRAM SUPPORT 50,000
    Total .................................bullet 3a 5,401,251
    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 ...........     		525990   14 5,083  
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......     16    
    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 ............     		525990   18 -1,788,840  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 451,103 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    451,103
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    APEX FOUNDATION
    EIN:
    91-1950397
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 5,300 0   5,300

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

    TY 2021 DepreciationSchedule
    Name:
    APEX FOUNDATION
    EIN:
    91-1950397
    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
    DELL OPTIPLEX 9010 COMPUTER - STEWART 2013-05-24 1,311 1,311 SL 5.000000000000 0 0    
    4 - IPHONES 2014-09-23 1,335 1,335 SL 5.000000000000 0 0    
    13" MACBOOK AIR #G5RN 2015-01-16 1,286 1,286 SL 5.000000000000 0 0    
    DELL LATITUDE 7350 LAPTOP 2015-06-09 1,979 1,979 SL 5.000000000000 0 0    
    CUBICAL OFFICE SYSTEMS 2016-10-04 12,731 7,731 SL 7.000000000000 1,819 0    
    13.5" MICROSOFT SURFACE AND DOCKING STATION 2017-05-19 1,930 989 SL 7.000000000000 276 0    
    DELL OPTIPLEX 7050 - ERIN 2017-11-13 1,185 535 SL 7.000000000000 169 0    
    MICROSOFT SURFACE LAPTOP 2019-08-12 1,683 340 SL 7.000000000000 240 0    
    CDW LAPTOPS 2020-08-04 2,718 162 SL 7.000000000000 388 0    

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

    TY 2021 ExpenditureResponsibilityStmt
    Name:
    APEX FOUNDATION
    EIN:
    91-1950397
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    HERITAGE FLIGHT MUSEUM
          		15053 CROSSWIND DR
    BURLINGTON,WA98233     		2021-11-17 25,000 GENERAL OPERATING SUPPORT 25,000 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY 25,000 IN 2021 2022-05-26  
    SPEEDWAY MOTORS MUSEUM OF AMERICAN SPEED
          		PO BOX 81906
    LINCOLN,NE65828     		2021-12-22 25,000 TO SUPPORT AREA OF GREATEST NEED 0 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY 0 IN 2021 2021-12-23  
    GENETHON
          		1 BIS RU DE LINTERNATIONALE
    EVRY   91000
    FR     		2019-10-01 100,257 SUPPORT FOR THE RESEARCH PROJECT ENTITLED "IDENTIFICATION OF BIOMARKERS FOR FKRP DEFICIENCY" LED BY ISABELLE RICHARD, LAB DIRECTOR AT THE GENETHON. 100,257 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY 74,454 IN 2020 / 25,803 IN 2022 2022-05-23  
    GENETHON
          		1 BIS RU DE LINTERNATIONALE
    EVRY   91000
    FR     		2019-10-30 108,325 SUPPORT FOR THE RESEARCH PROJECT ENTITLED "INVESTIGATION OF THE REGULATION OF FKRP EXPRESSION" LED BY ISABELLE RICHARD, LAB DIRECTOR AT THE GENETHON. 108,325 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY 76,460 IN 2020 / 31,865 IN 2022 2022-05-23  

    TY 2021 InvestmentsOtherSchedule2
    Name:
    APEX FOUNDATION
    EIN:
    91-1950397
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ARCH VENTURE PARTNERS AT COST 3,322,488 7,750,316
    GOLDMAN SACHS GS PTRS AT COST 184,952 92,634
    LEAVITT EQUITY PARTNERS I, II & III AT COST 3,288,743 5,029,852
    NORTHERN TRUST AT COST 90,324,482 113,238,413
    RSQUARED FUND I AT COST 2,088,146 8,199,606
    SILVER CREEK AT COST 3,000,000 3,859,474
    FUSE OWL I AT COST 249,970 250,000
    PANTHEON AT COST 0 184,107
    COWEN HEALTHCARE INVESTMENT IV AT COST 288,103 266,878
    FIR TREE SOF XII AT COST 10,026,512 9,954,581

    TY 2021 LandEtcSchedule2
    Name:
    APEX FOUNDATION
    EIN:
    91-1950397
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    DELL OPTIPLEX 9010 COMPUTER - STEWART 1,311 1,311 0  
    4 - IPHONES 1,335 1,335 0  
    13" MACBOOK AIR #G5RN 1,286 1,286 0  
    DELL LATITUDE 7350 LAPTOP 1,979 1,979 0  
    CUBICAL OFFICE SYSTEMS 12,731 9,550 3,181  
    13.5" MICROSOFT SURFACE AND DOCKING STATION 1,930 1,265 665  
    DELL OPTIPLEX 7050 - ERIN 1,185 704 481  
    MICROSOFT SURFACE LAPTOP 1,683 580 1,103  
    CDW LAPTOPS 2,718 550 2,168  


    TY 2021 LegalFeesSchedule
    Name:
    APEX FOUNDATION
    EIN:
    91-1950397
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 3,542 0   3,542


    TY 2021 OtherAssetsSchedule
    Name:
    APEX FOUNDATION
    EIN:
    91-1950397
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    SPACE MEMORABILIA 4,391,826 4,391,826 4,391,826
    SPITFIRE 1,075,000 1,075,000 1,075,000
    NORM TAYLOR COLLECTION 717,016 717,016 717,016
    RARE BOOKS 1,619,301 1,619,301 1,619,301
    OYSTER SKIFF 4,000 4,000 4,000


    TY 2021 OtherExpensesSchedule
    Name:
    APEX FOUNDATION
    EIN:
    91-1950397
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSE 14,395 0   14,395
    SOFTWARE/MAINTENANCE/RENEWAL 19,316 0   19,316
    INSURANCE 11,880 0   11,880
    TRAVEL/MILEAGE 7,393 0   7,393
    MISCELLANEOUS 6,036 0   6,036
    GS CAPITAL PARTNERS V INSTITUTIONAL LP 413 413   0
    GS CAPITAL PARTNERS VI PARALLEL LP 251 251   0
    GSCP V INSTITUTIONAL AIV LP 55 55   0
    NORTHERN TRUST INVESTMENT EXPENSE 77,625 77,625   0
    LEAVITT EQUITY PARTNERS I, L.P. 40,417 40,356   61
    PAYROLL RELATED EXPENSE 634 0   634
    LEAVITT EQUITY PARTNERS II, L.P. BOOK TAX ADJ 77,653 75,462   46
    ARCH VENTURE FUND X K-1 OTHER DEDUCTIONS 23,431 23,431   0
    ARCH VENTURE FUND X OVERAGE K-1 OTHER DEDUCTIONS 19,919 19,919   0
    SUPPLIES 1,606 0   1,606
    RSQUARED FUND I 89,630 89,630   0
    LEAVITT EQUITY PARTNERS I, L.P. ND 191 0   0
    LEAVITT EQUITY PARTNERS I, L.P. TAX EXEMPT -996 0   0
    LEAVITT EQUITY PARTNERS II, L.P. ND 66 0   0
    RSQUARED FUND II 222 222   0
    COWEN HEALTHCARE INVESTMENTS IV LP 12,600 12,600   0
    ARCH VENTURE FUND XI K-1 OTHER DEDUCTIONS 68,646 68,646   0
    FUSE OWL I LLC 30 30   0
    ENERGY TRANSFER LP 36 0   36
    ENERGY TRANSFER LP ND 68 0   0
    LAZARD LTD 93 93   0
    ENERGY TRANSFER LP 14 14   0
    GS CAPITAL PARTNERS VI PARALLEL, LP 606 606   0
    OASIS MIDSTREAM PARTNERES LP 26,992 26,992   0
    ENERGY TRANSFER LP 1,086 1,086   0
    LEAVITT EQUITY PARTNERS III, L.P. BOOK TAX ADJ 4,915 4,915   0


    TY 2021 OtherIncomeSchedule2
    Name:
    APEX FOUNDATION
    EIN:
    91-1950397
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    LEAVITT EQUITY PARTNERS I, LLC 27,649 27,649 27,649
    FIR TREE SOF XII 26,280 26,280 26,280


    TY 2021 OtherLiabilitiesSchedule
    Name:
    APEX FOUNDATION
    EIN:
    91-1950397
    Description Beginning of Year - Book Value End of Year - Book Value
    OTHER LIABILITIES 3,723 2,029


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    APEX FOUNDATION
    EIN:
    91-1950397
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL FEES 9,060 0   9,060


    TY 2021 TaxesSchedule
    Name:
    APEX FOUNDATION
    EIN:
    91-1950397
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE & UBI TAXES 31,902 0   0
    PAYROLL TAX 59,123 10,875   48,248
    FOREIGN TAXES PAID 31,698 31,698   0