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 10-01-2021 , and ending 09-30-2022
Name of foundation
NORMAN RAAB FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 31086
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SEATTLE, WA98103
A Employer identification number

23-7006390
B Telephone number (see instructions)

(206) 632-1014
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$23,336,418J 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      
4 Dividends and interest from securities... 387,813 387,813  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 725,457
b Gross sales price for all assets on line 6a 2,268,685
7 Capital gain net income (from Part IV, line 2)... 725,457
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 4,392 3,892  
12 Total. Add lines 1 through 11........ 1,117,662 1,117,162  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 106,000 0   106,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 24,411 0   21,771
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 17,996 12,970   5,026
c Other professional fees (attach schedule).... Click to see attachment 169,206 157,873   11,333
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 17,383 6,806   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 20,256 0   20,256
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 9,996 0   9,996
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 365,248 177,649   174,382
25 Contributions, gifts, grants paid....... 1,239,100 1,239,100
26 Total expenses and disbursements. Add lines 24 and 25 1,604,348 177,649   1,413,482
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -486,686
b Net investment income (if negative, enter -0-) 939,513
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............. 53,253 19,606 19,606
2 Savings and temporary cash investments......... 166,043 447,341 447,341
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........   1,217 1,217
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 22,371,778 Click to see attachment17,930,961 17,930,961
c Investments—corporate bonds (attach schedule)....... 5,497,505 Click to see attachment4,937,293 4,937,293
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 28,088,579 23,336,418 23,336,418
Liabilities 17 Accounts payable and accrued expenses.......... 9,375 11,113
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 9,375 11,113
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 28,079,204 23,325,305
29 Total net assets or fund balances (see instructions)..... 28,079,204 23,325,305
30 Total liabilities and net assets/fund balances (see instructions). 28,088,579 23,336,418
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
28,079,204
2
Enter amount from Part I, line 27a .....................
2
-486,686
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
27,592,518
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
4,267,213
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
23,325,305
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 FIRST MANHATTAN CO., PUBLICLY TRADED SECURITIES      
b CAPITAL GAIN DISTRIBUTION      
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 2,264,408   1,543,228 721,180
b 4,277     4,277
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       721,180
b       4,277
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 2 725,457
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 13,059
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 13,059
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 5,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 5,000
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 8,059
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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
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, PA
    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 instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletRAABFOUNDATION.ORG
    14
    The books are in care ofbulletSARA RAAB MCINERNY Telephone no.bullet (206) 632-1014

    Located atbulletPO BOX 31086SEATTLEWA ZIP+4bullet98103
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
    Yes
     
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    STEPHEN BLEYER TRUSTEE
    2.00     		2,000 0 0
    PO BOX 31086
    SEATTLE,WA98103
    MARIE BRICKLEY-RAAB TRUSTEE
    2.00     		2,000 0 0
    PO BOX 31086
    SEATTLE,WA98103
    EMILY LOWMON TRUSTEE
    2.00     		2,000 0 0
    PO BOX 31086
    SEATTLE,WA98103
    JOHN MCINERNY TRUSTEE
    2.00     		2,000 0 0
    PO BOX 31086
    SEATTLE,WA98103
    ANN RAAB TRUSTEE
    2.00     		2,000 0 0
    PO BOX 31086
    SEATTLE,WA98103
    ISABEL RAAB TRUSTEE
    2.00     		2,000 0 0
    PO BOX 31086
    SEATTLE,WA98103
    STEPHEN RAAB BOARD CHAIR
    20.00     		2,000 0 0
    PO BOX 31086
    SEATTLE,WA98103
    WHITNEY RAAB TRUSTEE
    2.00     		2,000 0 0
    PO BOX 31086
    SEATTLE,WA98103
    SARA RAAB MCINERNY EXECUTIVE DIRECTOR
    35.00     		90,000 17,122 0
    PO BOX 31086
    SEATTLE,WA98103
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (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
    FIRST MANHATTAN CO INVESTMENT MANAGEMENT 157,873
    399 PARK AVE
    NEW YORK,NY10022
    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
    27,094,680
    b
    Average of monthly cash balances.......................
    1b
    258,188
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    27,352,868
    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
    27,352,868
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    410,293
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    26,942,575
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,347,129
    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
    1,347,129
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    13,059
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    13,059
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,334,070
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    500
    5
    Add lines 3 and 4............................
    5
    1,334,570
    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
    1,334,570
    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 1,334,570
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 141,218
    b From 2017...... 13,607
    c From 2018...... 120,329
    d From 2019...... 76,300
    e From 2020......  
    f Total of lines 3a through e ........ 351,454
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 1,413,482
    a Applied to 2020, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 1,334,570
    e Remaining amount distributed out of corpus 78,912
    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 5 430,366
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		141,218
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		289,148
    10 Analysis of line 9:
    a Excess from 2017.... 13,607
    b Excess from 2018.... 120,329
    c Excess from 2019.... 76,300
    d Excess from 2020....  
    e Excess from 2021.... 78,912
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    FACING HISTORY AND OURSELVES
    PO BOX 470749
    BROOKLINE,MA02447     		  PC EDUCATION 50,000
    ICIVICS INC
    1035 CAMBRIDGE ST SUITE 21B
    CAMBRIDGE,MA02141     		  PC EDUCATION 25,000
    US HOLOCAUST MEMORIAL MUSEUM
    100 RAOUL WALLENBERG PLACE SW
    WASHINGTON,DC20024     		  PC EDUCATION 50,000
    A NEW WAY OF LIFE REENTRY PROJECT
    PO BOX 875288
    LOS ANGELES,CA90087     		  PC HUMAN SERVICES 1,000
    ABORTION CARE NETWORK
    1300 I ST NW STE 400E
    WASHINGTON,DC20005     		  PC HEALTH AND RESEARCH 3,500
    ADHA INSTITUTE FOR ORAL HEALTH
    444 NORTH MICHIGAN AVE SUITE 3400
    CHICAGO,IL60611     		  PC EDUCATION 500
    ARBORETUM FOUNDATION
    2300 ARBORETUM DRIVE EAST
    SEATTLE,WA98112     		  PC EDUCATION 1,000
    BRYN MAWR FILM INSTITUTE
    824 W LANCASTER AVENUE
    BRYN MAWR,PA19010     		  PC ARTS AND CULTURE 1,250
    BUCKS COUNTY SPCA
    PO BOX 277
    LAHASKA,PA18931     		  PC HUMAN SERVICES 2,500
    CAMPING UNLIMITED FOR THE DEVELOPMENTALLY DISABLED
    102 BROOK LANE
    BOULDER CREEK,CA95006     		  PC HUMAN SERVICES 2,350
    CEASEFIRE PA EDUCATION FUND
    PO BOX 60095
    PHILADELPHIA,PA19102     		  PC ADVOCACY 1,000
    CENTRAL BUCKS AMBULANCE AND RESCUE UNIT
    455 EAST STREET
    DOYLESTOWN,PA18901     		  PC HEALTH AND RESEARCH 1,000
    CENTRAL BUCKS AMBULANCE AND RESCUE UNIT
    455 EAST STREET
    DOYLESTOWN,PA18901     		  PC HUMAN SERVICES 2,000
    COLORADO COALITION FOR THE HOMELESS
    2111 CHAMPA ST
    DENVER,CO80205     		  PC HUMAN SERVICES 2,500
    DIRECT RELIEF
    6100 WALLACE BECKNELL ROAD
    SANTA BARBARA,CA93117     		  PC HUMAN SERVICES 500
    DIRECT RELIEF
    6100 WALLACE BECKNELL ROAD
    SANTA BARBARA,CA93117     		  PC HUMAN SERVICES 4,000
    EAGLEVILLE HOSPITAL FOUNDATION
    100 EAGLEVILLE RD
    EAGLEVILLE,PA19403     		  PC HEALTH AND RESEARCH 2,500
    EARTHJUSTICE
    50 CALIFORNIA STREET SUITE 500
    SAN FRANCISCO,CA94111     		  PC ADVOCACY 1,000
    END HOMELESSNESS CALIFORNIA
    958 N WESTERN AVE UNIT 603
    LOS ANGELES,CA90029     		  PC HUMAN SERVICES 500
    END OF LIFE WASHINGTON
    9311 SE 36TH ST SUITE 110
    MERCER ISLAND,WA98040     		  PC HUMAN SERVICES 1,000
    FOOD BANK OF THE ROCKIES
    10700 E 45TH AVENUE
    DENVER,CO80239     		  PC HUMAN SERVICES 3,000
    GREENLIGHT CLINIC
    336 BON AIR CENTER SUITE 511
    GREENBRAE,CA94904     		  PC HUMAN SERVICES 5,000
    GREYHOUND FRIENDS FOR LIFE
    PO BOX 549
    FULTON,CA95439     		  PC HUMAN SERVICES 5,000
    HOPE HOUSE OF COLORADO
    6475 BENTON ST BLDG A
    ARVADA,CO80003     		  PC HUMAN SERVICES 1,000
    HOSPICE BY THE BAY
    17 E SIR FRANCIS DRAKE BLVD
    LARKSPUR,CA94939     		  PC HUMAN SERVICES 2,650
    JOHNS HOPKINS UNIVERSITY - WILMER EYE INSTITUTE
    600 NORTH WOLFE STREET
    BALTIMORE,MD212879015     		  PC HEALTH AND RESEARCH 4,500
    KHAN ACADEMY INC
    PO BOX 1630
    MOUNTAIN VIEW,CA94042     		  PC EDUCATION 200
    KRUCKEBERG BOTANIC GARDEN FOUNDATION
    PO BOX 60035
    SHORELINE,WA981600035     		  PC ENVIRONMENT 1,000
    KUOW PUGET SOUND PUBLIC RADIO
    PO BOX 84148
    SEATTLE,WA981245448     		  PC ARTS AND CULTURE 2,500
    LA FAMILY HOUSING
    7843 LANKERSHIM BLVD
    NORTH HOLLYWOOD,CA91605     		  PC HUMAN SERVICES 2,000
    LEAGUE OF WOMEN VOTERS OF PA CITIZEN EDUCATION FUND
    1425 CROOKED HILL ROAD
    HARRISBURG,PA171060890     		  PC ADVOCACY 2,500
    LOS ANGELES REGIONAL FOOD BANK
    1734 E 41ST STREET
    LOS ANGELES,CA90058     		  PC HUMAN SERVICES 2,000
    MAKE IT HOME
    369-B THIRD ST 331
    SAN RAFAEL,CA949013581     		  PC HUMAN SERVICES 5,000
    MCPHS UNIVERSITY
    179 LONGWOOD AVE
    BOSTON,MA02115     		  PC EDUCATION 2,000
    MUTT SCOUTS
    325 W WASHINGTON ST STE 2
    SAN DIEGO,CA92103     		  PC HUMAN SERVICES 500
    NORTHFIELD MOUNT HERMON SCHOOL
    ONE LAMPLIGHTER WAY
    MOUNT HERMON,MA01354     		  PC EDUCATION 200
    ONE SIMPLE WISH
    1977 NORTH OLDEN AVE 292
    TRENTON,NJ08618     		  PC HUMAN SERVICES 400
    PENN-JERSEY EDUCATIONAL RADIO
    PO BOX 191
    SERGEANTSVILLE,NJ08557     		  PC ARTS AND CULTURE 500
    PLANNED PARENTHOOD OF THE ROCKY MOUNTAINS INC
    7155 E 38TH AVE
    DENVER,CO80207     		  PC HEALTH AND RESEARCH 3,500
    PROGRESSIVE ANIMAL WELFARE SOCIETY (PAWS)
    PO BOX 1037
    LYNNWOOD,WA98046     		  PC HUMAN SERVICES 200
    PROGRESSIVE ANIMAL WELFARE SOCIETY (PAWS)
    PO BOX 1037
    LYNNWOOD,WA98046     		  PC HUMAN SERVICES 1,000
    PUGET SOUND RESTORATION FUND
    382 WYATT WAY NE
    BAINBRIDGE ISLAND,WA98110     		  PC ENVIRONMENT 2,000
    SEATTLE AQUARIUM
    1483 ALASKAN WAY PIER 59
    SEATTLE,WA98101     		  PC EDUCATION 1,000
    SOLEBURY TOWNSHIP HISTORICAL SOCIETY
    DRAWER 525
    SOLEBURY,PA18963     		  PC ARTS AND CULTURE 500
    SPREAD THE VOTE
    8601 LINCOLN BLVD
    LOS ANGELES,CA90045     		  PC ADVOCACY 1,500
    TABBY'S PLACE
    1100 HIGHWAY 202
    RINGOES,NJ08552     		  PC HUMAN SERVICES 2,500
    THE BAIL PROJECT
    PO BOX 102592
    PASADENA,CA911892592     		  PC HUMAN SERVICES 700
    THE PHILADELPHIA ORCHESTRA ASSOCIATION
    ONE SOUTH BROAD ST 14TH FLOOR
    PHILADELPHIA,PA19107     		  PC ARTS AND CULTURE 4,000
    UNIVERSITY CHILD DEVELOPMENT SCHOOL
    5062 NINTH AVE NE
    SEATTLE,WA98105     		  PC EDUCATION 1,000
    UNIVERSITY CHILD DEVELOPMENT SCHOOL
    5062 NINTH AVE NE
    SEATTLE,WA98105     		  PC EDUCATION 2,500
    UNIVERSITY CHILD DEVELOPMENT SCHOOL
    5062 NINTH AVE NE
    SEATTLE,WA98105     		  PC EDUCATION 1,000
    WAYFINDER FAMILY SERVICES
    5300 ANGELES VISTA BLVD
    LOS ANGELES,CA90043     		  PC HUMAN SERVICES 400
    WEITZMAN NATIONAL MUSEUM OF AMERICAN JEWISH HISTORY
    101 SOUTH INDEPENDENCE MALL EAST
    PHILADELPHIA,PA19106     		  PC EDUCATION 3,500
    WEST PHILADELPHIA ALLIANCE FOR CHILDREN
    PO BOX 9981
    PHILADELPHIA,PA19118     		  PC EDUCATION 1,250
    WESTSIDE BABY
    10002 14TH AVE SW
    SEATTLE,WA98146     		  PC HUMAN SERVICES 2,000
    WHYY INC
    150 N SIXTH STREET
    PHILADELPHIA,PA19106     		  PC ARTS AND CULTURE 2,500
    BUCKS FOR KIDS
    PO BOX 1711
    DOYLESTOWN,PA18901     		  PC EDUCATION 1,000
    RJ LEONARD FOUNDATION
    PO BOX 1138
    DOYLESTOWN,PA18901     		  PC EDUCATION 2,000
    LENAPE VALLEY FOUNDATION
    500 NORTH WEST STREET
    DOYLESTOWN,PA18901     		  PC EDUCATION 2,500
    NAMI BUCKS COUNTY
    PO BOX 355
    WARRINGTON,PA189760355     		  PC EDUCATION 2,500
    FIARIA PROJECT INC
    68 HILLSIDE AVE
    DOYLESTOWN,PA189014807     		  PC EDUCATION 2,000
    826 VALENCIA
    PO BOX 410595
    SAN FRANCISCO,CA941410595     		  PC EDUCATION 25,000
    AIM HIGH FOR HIGH SCHOOL
    2030 HARRISON STREET
    SAN FRANCISCO,CA94110     		  PC EDUCATION 30,000
    AMERICAN NATIONAL RED CROSS
    431 18TH ST NW
    WASHINGTON,DC20006     		  PC HUMAN SERVICES 5,000
    ANN SILVERMAN COMMUNITY HEALTH CLINIC
    595 WEST STATE ST
    DOYLESTOWN,PA18901     		  PC HEALTH AND RESEARCH 25,000
    CAMPING UNLIMITED FOR THE DEVELOPMENTALLY DISABLED
    102 BROOK LANE
    BOULDER CREEK,CA95006     		  PC HUMAN SERVICES 25,000
    CENTRAL BUCKS AMBULANCE AND RESCUE UNIT
    455 EAST STREET
    DOYLESTOWN,PA18901     		  PC HUMAN SERVICES 10,000
    CHRYSALIS
    522 S MAIN ST
    LOS ANGELES,CA90013     		  PC EDUCATION 25,000
    COLORADO COALITION FOR THE HOMELESS
    2111 CHAMPA ST
    DENVER,CO80205     		  PC HUMAN SERVICES 25,000
    DIRECT RELIEF
    6100 WALLACE BECKNELL ROAD
    SANTA BARBARA,CA93117     		  PC HUMAN SERVICES 25,000
    EXTRAFOODORG
    907 SIR FRANCIS DRAKE BLVD
    KENTFIELD,CA94904     		  PC HUMAN SERVICES 25,000
    FORWORDS LITERACY LAB
    361 THIRD STREET SUITE I
    SAN RAFAEL,CA94901     		  PC EDUCATION 15,000
    FREE LIBRARY OF PHILADELPHIA FOUNDATION
    1901 VINE ST
    PHILADELPHIA,PA19103     		  PC EDUCATION 20,000
    GIFFORDS LAW CENTER TO PREVENT GUN VIOLENCE
    268 BUSH STREET 555
    SAN FRANCISCO,CA94104     		  PC EDUCATION 50,000
    JDC
    PO BOX 4124
    NEW YORK,NY10163     		  PC HUMAN SERVICES 25,000
    JEWISH FAMILY AND CHILDREN'S SERVICE (JFCS) OF GREATER PHILADELPHIA
    345 MONTGOMERY AVE
    BALA CYNWYD,PA19004     		  PC EDUCATION 50,000
    JEWISH FAMILY AND CHILDREN'S SERVICES - SF
    PO BOX 159004
    SAN FRANCISCO,CA941159004     		  PC EDUCATION 30,000
    JOHNS HOPKINS UNIVERSITY - WILMER EYE INSTITUTE
    600 NORTH WOLFE STREET
    BALTIMORE,MD212879015     		  PC HEALTH AND RESEARCH 50,000
    JOHNS HOPKINS UNIVERSITY COMPREHENSIVE DIABETES CENTER
    PO BOX 49143
    BALTIMORE,MD212979143     		  PC HEALTH AND RESEARCH 45,000
    MAGEE REHAB HOSPITAL FOUNDATION
    1513 RACE STREET
    PHILADELPHIA,PA19102     		  PC HEALTH AND RESEARCH 45,000
    MARIN HUMANE SOCIETY
    171 BEL MARIN KEYS BOULEVARD
    NOVATO,CA94949     		  PC HUMAN SERVICES 25,000
    MARINE MAMMAL CENTER
    2000 BUNKER ROAD
    SAUSALITO,CA94965     		  PC EDUCATION 25,000
    MIGHTY WRITERS
    1501 CHRISTIAN ST
    PHILADELPHIA,PA19146     		  PC EDUCATION 15,000
    NETWORK OF VICTIM ASSISTANCE
    2370 YORK ROAD SUITE B-1
    JAMISON,PA18929     		  PC HUMAN SERVICES 25,000
    REFUGEE WOMEN'S ALLIANCE
    4008 MARTIN LUTHER KING JR WAY S
    SEATTLE,WA98108     		  PC EDUCATION 20,000
    SANDY HOOK PROMISE FOUNDATION
    PO BOX 3489
    NEWTOWN,CT06470     		  PC EDUCATION 25,000
    SEATTLE ARTS & LECTURES
    340 15TH AVE E SUITE 301
    SEATTLE,WA98112     		  PC EDUCATION 25,000
    SF-MARIN FOOD BANK
    900 PENNSYLVANIA AVE
    SAN FRANCISCO,CA94109     		  PC HUMAN SERVICES 25,000
    SOUTHERN POVERTY LAW CENTER
    400 WASHINGTON AVE
    MONTGOMERY,AL36104     		  PC EDUCATION 20,000
    TEAM FIRST BOOK PHILADELPHIA
    PO BOX 166
    GLADWYNE,PA19035     		  PC EDUCATION 15,000
    TEAM READ
    PO BOX 94042
    SEATTLE,WA98124     		  PC EDUCATION 30,000
    THE CEDARS OF MARIN
    PO BOX 947
    ROSS,CA94957     		  PC HUMAN SERVICES 25,000
    THE GATHERING PLACE A REFUGE FOR REBUILDING LIVES
    1535 HIGH STREET
    DENVER,CO80218     		  PC HUMAN SERVICES 17,500
    THE SEATTLE PUBLIC LIBRARY FOUNDATION
    1000 FOURTH AVENUE
    SEATTLE,WA98104     		  PC EDUCATION 20,000
    UNICEF USA
    125 MAIDEN LANE
    NEW YORK,NY10038     		  PC HUMAN SERVICES 25,000
    VIVALON
    930 TAMALPAIS AVENUE
    SAN RAFAEL,CA94901     		  PC HUMAN SERVICES 25,000
    WELLSPRING FAMILY SERVICES
    1900 RAINIER AVENUE SOUTH
    SEATTLE,WA98144     		  PC HUMAN SERVICES 20,000
    WOODLAND PARK ZOO
    5500 PHINNEY AVE N
    SEATTLE,WA98103     		  PC EDUCATION 20,000
    WORLD CENTRAL KITCHEN
    200 MASSACHUSETTS AVE NW
    WASHINGTON,DC20001     		  PC HUMAN SERVICES 25,000
    ZENO
    1404 E YESLER WAY SUITE 202D
    SEATTLE,WA98122     		  PC EDUCATION 25,000
    A NEW WAY OF LIFE REENTRY PROJECT
    PO BOX 875288
    LOS ANGELES,CA90087     		  PC HUMAN SERVICES 2,500
    Total .................................bullet 3a 1,239,100
    bApproved for future payment
    JEWISH FAMILY AND CHILDREN'S SERVICES - SF
    PO BOX 159004
    SAN FRANCISCO,CA941159004     		  PC EDUCATION 30,000
    Total .................................bullet 3b 30,000
    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 ...........     		         
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 725,457  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aRETURN OF QUALIFYING DISTRIBUTIONS     		        500
    bFOREIGN TAXES REFUND     14 3,892  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 1,117,162 500
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,117,662
    (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.)
    11A RETURN OF PRIOR YEAR QUALIFYING DISTRIBUTIONS
    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
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    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


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    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    NORMAN RAAB FOUNDATION
    EIN:
    23-7006390
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 17,996 12,970   5,026

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    NORMAN RAAB FOUNDATION
    EIN:
    23-7006390
    Name of Bond End of Year Book Value End of Year Fair Market Value
    FIRST MANHATTAN CO - BONDS 4,937,293 4,937,293

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    NORMAN RAAB FOUNDATION
    EIN:
    23-7006390
    Name of Stock End of Year Book Value End of Year Fair Market Value
    FIRST MANHATTAN CO - STOCKS 17,930,961 17,930,961

    TY 2021 OtherDecreasesSchedule
    Name:
    NORMAN RAAB FOUNDATION
    EIN:
    23-7006390
    Description Amount
    UNREALIZED GAINS/LOSSES 4,267,213


    TY 2021 OtherExpensesSchedule
    Name:
    NORMAN RAAB FOUNDATION
    EIN:
    23-7006390
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MISCELLANEOUS EXPENSE 491 0   491
    PROFESSIONAL DUES 930 0   930
    SOFTWARE 362 0   362
    PAYROLL EXPENSES 664 0   664
    IT 1,627 0   1,627
    OFFICE EXPENSES 1,773 0   1,773
    CREDIT CARD FEE 275 0   275
    FURNITURE AND EQUIPMENT 3,874 0   3,874


    TY 2021 OtherIncomeSchedule2
    Name:
    NORMAN RAAB FOUNDATION
    EIN:
    23-7006390
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    RETURN OF QUALIFYING DISTRIBUTIONS 500   500
    FOREIGN TAXES REFUND 3,892 3,892 3,892


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    NORMAN RAAB FOUNDATION
    EIN:
    23-7006390
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 157,873 157,873   0
    OUTSIDE CONTRACT SERVICES 11,220 0   11,220
    WEB DEVELOPMENT 98 0   98
    OTHER FEES 15 0   15


    TY 2021 TaxesSchedule
    Name:
    NORMAN RAAB FOUNDATION
    EIN:
    23-7006390
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 6,806 6,806   0
    EXCISE TAXES 10,577 0   0