Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
Mount Baker Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)1323 Commercial St 103
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Bellingham, WA98225
A Employer identification number

61-1862747
B Telephone number (see instructions)

(360) 393-2599
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$35,610,536J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 920,323 920,323  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 786,579
b Gross sales price for all assets on line 6a 2,156,428
7 Capital gain net income (from Part IV, line 2)... 786,579
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 1,706,902 1,706,902 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 211,692 0 0 205,295
14 Other employee salaries and wages...... 150,182 0 0 142,762
15 Pension plans, employee benefits....... 3,348 0 0 3,125
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
7,307 0 0 7,307
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
23,436 0 0 23,777
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
75,617 70,891 0 4,726
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
104,981 0 0 28,385
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 13,637 0 0 13,556
21 Travel, conferences, and meetings....... 3,351 0 0 3,351
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
125,973 0 0 124,602
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 719,524 70,891 0 556,886
25 Contributions, gifts, grants paid....... 2,197,921 2,188,959
26 Total expenses and disbursements. Add lines 24 and 25 2,917,445 70,891 0 2,745,845
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,210,543
b Net investment income (if negative, enter -0-) 1,636,011
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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............. 165,399 137,517 137,517
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable................. 150,000    
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow1,016
Less: allowance for doubtful accounts right arrow0 0 1,016 1,016
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 20,730 10,106 10,106
10a Investments—U.S. and state government obligations (attach schedule) 0 Click to see attachment
List of Attached Documents:
// Content
250,123 		250,123
b Investments—corporate stock (attach schedule)....... 32,636,641 Click to see attachment
List of Attached Documents:
// Content
35,211,530 		35,211,530
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
23,837 		Click to see attachment
List of Attached Documents:
// Content
244 		Click to see attachment
List of Attached Documents:
// Content
244
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 32,996,607 35,610,536 35,610,536
Liabilities 17 Accounts payable and accrued expenses.......... 6,267 20,005
18 Grants payable................. 1,077,102 1,090,186
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 right arrow) Click to see attachment
List of Attached Documents:
// Content
58,790 		Click to see attachment
List of Attached Documents:
// Content
110,922
23 Total liabilities (add lines 17 through 22)......... 1,142,159 1,221,113
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 31,554,448 34,183,286
25 Net assets with donor restrictions............ 300,000 206,137
Foundations that do not follow FASB ASC 958, check here right arrow
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)..... 31,854,448 34,389,423
30 Total liabilities and net assets/fund balances (see instructions). 32,996,607 35,610,536
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
31,854,448
2
Enter amount from Part I, line 27a .....................
2
-1,210,543
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
3,745,518
4
Add lines 1, 2, and 3 ..........................
4
34,389,423
5
Decreases not included in line 2 (itemize) right arrow
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
34,389,423
Form 990-PF (2023)
Form 990-PF (2023)
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        
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 2,156,428   1,369,849 786,579
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       786,579
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 786,579
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 3 786,579
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 right arrow 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) 1 22,741
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 22,741
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 22,741
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 22,469
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 1,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 23,469
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 9
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 719
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow719 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changesClick to see attachment
List of Attached Documents:
// Content
....
3
Yes
 
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:
round bullet By language in the governing instrument, or
round bullet 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)
right arrowWA
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 2023 or the taxable year beginning in 2023? 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
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 addressright arrowwww.mtbakerfoundation.org
14
The books are in care ofright arrowMoose Creek Bookkeeping LLC Telephone no.right arrow (346) 298-2252

Located atright arrow5939 Malloy AveFerndaleWA ZIP+4right arrow98248
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, 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 right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
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
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
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 2023? .............
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
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)
Yes
 
(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
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
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
Ione Adams President
1.00 		0 0 0
1323 Commercial St Suite 103
Bellingham,WA98225
Donnell Tanksley Vice President
1.00 		0 0 0
1323 Commercial St Suite 103
Bellingham,WA98225
Barbara Juarez Secretary
1.00 		0 0 0
1323 Commercial St Suite 103
Bellingham,WA98225
Steve Smith Treasurer
1.00 		0 0 0
1323 Commercial St Suite 103
Bellingham,WA98225
Ken Gass Board member
1.00 		0 0 0
1323 Commercial St Suite 103
Bellingham,WA98225
William Freeman Board member
1.00 		0 0 0
1323 Commercial St Suite 103
Bellingham,WA98225
Rajeev Majumdar Board member
1.00 		0 0 0
1323 Commercial St Suite 103
Bellingham,WA98225
Ben La Tray Board member
1.00 		0 0 0
1323 Commercial St Suite 103
Bellingham,WA98225
Angie Krzysiek Board member
1.00 		0 0 0
1323 Commercial St Suite 103
Bellingham,WA98225
Hannah Simonetti Board member
1.00 		0 0 0
1323 Commercial St Suite 103
Bellingham,WA98225
Sandhya Gelou Board member
1.00 		0 0 0
1323 Commercial St Suite 103
Bellingham,WA98225
Zeenia Junkeer Executive Director
40.00 		102,361 8,626 0
1323 Commercial St Suite 103
Bellingham,WA98225
Debbie Ahl Past Executive Director
40.00 		100,705 0 0
1323 Commercial St Suite 103
Bellingham,WA98225
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
Maria Macpherson Grants and Communica
40.00 		75,801 4,833 0
1323 Commercial St Suite 103
Bellingham,WA98225
Kate Foster Diabetes Prevention
40.00 		66,961 1,449 0
1323 Commercial St Suite 103
Bellingham,WA98225
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
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
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
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 Assistance funds paid for patients on dialysis. Total amount of funds paid in 2023 was $30,398 and staff time to pay bills estimated at 4 hours over the course of 12 months totaling $176. 30,574
2 Kidney Health Awareness Group (KHAG) is convened by one staff member for 1 hour every month or every other month. Estimated costs are 15-20 hours per year with meeting preparation and including the 2-hour Living Kidney Donor event. 770
3 Convene a monthly Diabetes Prevention Program work group, one hour per month or every other month. Estimated costs are for 10-12 hours per year. 484
4 Tabling at local events. Estimated costs are for 10 hours per year. 440
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.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
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
33,780,834
b
Average of monthly cash balances.......................
1b
115,206
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
33,896,040
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
33,896,040
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
508,441
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
33,387,599
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,669,380
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
1,669,380
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
22,741
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
22,741
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,646,639
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,646,639
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
1,646,639
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
2,745,845
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
2,745,845
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 1,646,639
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 426,077
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 2,745,845
a Applied to 2022, but not more than line 2a 426,077
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 2023 distributable amount..... 1,646,639
e Remaining amount distributed out of corpus 673,129
5 Excess distributions carryover applied to 2023. 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 5 673,129
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 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		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 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		673,129
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023.... 673,129
Form 990-PF (2023)
Form 990-PF (2023)
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 2023, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
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 right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
Maria Macpherson
1323 Commercial St Ste 103
Bellingham,WA98225
(360) 393-2599
maria@mtbakerfoundation.org
bThe form in which applications should be submitted and information and materials they should include:
Applications are submitted through an online portal or emails to the Grants and Communications Manager listed above.
cAny submission deadlines:
None
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Whatcom County; Eligible organization e.g. 501c3 etc; or through a fiscal sponsor. Diversity, equity and inclusion within MBF's areas of focus.
Form 990-PF (2023)
Form 990-PF (2023)
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

Whatcom Family and Community Network

2303 Moore St
Bellingham,WA98229 		  PC A Shared Philanthropy Grant with Columbia Valley in eastern Whatcom Co, administered by WFCN. The community may prioritize its projects for funds, while continuing to expand the voice of underrepresented populations within their community. 110,000

Communities in Schools

PO Box 6071
Bellingham,WA98227 		  PC For expansion of their program and hiring of a program coordinator to Ferndale High School 100,000

University of Washington Foundation

PO Box 359505
Seattle,WA98195 		  PC Kidney Research Institute Fellowship- providing scholarships for underrepresented minorities to engage in nephrology research 100,000

Racial Unity Now (RUN)

1770 Front Street
Lynden,WA98264 		  PC Startup funding for Racial Unity Now! a new racial unity coalition working in Lynden with churches and community engagement ($75k first year; $60k second year; $50k third year). 60,000

Lighthouse Mission Ministries

910 W Holly St
Bellingham,WA98225 		  PC Funding for construction of a family micro-shelter in the Lighthouse Building Replacement building (same location as existing building) for emergency housing for families in need. 500,000

Whatcom Family YMCA

1256 N State St
Bellingham,WA98225 		  PC Funds for tenant improvements for the new childcare center built within the Mercy Housing Barkley low income family housing development. Grant roughly covers pro-rata portion of cost for new childcare spots (existing Barkley childcare spots will also be moved over to much improved facility). 105,000

Interfaith Coalition of Whatcom County

495 E Bakerview Rd
Bellingham,WA98226 		  PC For satisfaction of liens and renovations to a house donated by a member church for family housing and support services. 100,000

Evergreen Goodwill

700 Dearborn Place S
Seattle,WA98144 		  PC To provide scholarships to students who complete a Goodwill Training and desire to pursue higher education at Whatcom County higher education institutes. 20,000

Lydia Place

1701 Gladstone St
Bellingham,WA98229 		  PC Flexible funding to lower the myriad of barriers that families face when finding housing. The funding will be used at the discretion of Lydia Place, but some examples of use of funds include the following: housing applications, storage for belongings, car repairs, quashing warrants, motel stays, general moving expenses, obtaining documentation, and others uses determined by Lydia Place staff with the goal of finding stable housing for families. 50,000

Common Threads Farm

801 W Orchard Dr 2
Bellingham,WA98225 		  PC To provide the 25% required match of the USDA "Farm to School" grant- Common Threads Farm will establish as many as 8 teaching gardens in rural schools 51,000

Chuckanut Health Foundation

1500 Cornwall Ave 201
Bellingham,WA98225 		  PC This grant is considered a flexible fund to Health Ministries Network (fiscal sponsor Chuckanut Health Foundation) with the goal of expanding the reach and scope of HMNs programs and supporting kidney health awareness, diabetes identification and diabetes prevention in Whatcom County (particularly underserved communities). 50,000

Washington State Family and Community Engagement Trust (WAFE)

7500 212th St SW Ste 104
Edmonds,WA98026 		  PC To support the Parent Leadership Training Institute (PLTI) in Whatcom County. This grant is structured to fund the full $75k in the first year (2023); and reduce this amount to $50k in 2024 and $25k in 2025, with the contingency to disbursement being that PLTI confirms they have received the remaining funds necessary for that year. Each years grant is expected to provide funding or support the provision of three PLTIs, one in English and two in Spanish. 75,000

Whatcom Family and Community Network

2303 Moore St
Bellingham,WA98229 		  PC (Installment 1) To fund 2 Perinatal Mental Health Interns at the Mobile Mama Clinic. This internship prepares the students for a career in Perinatal Mental Health and provides more support for Whatcom County mothers. 56,259

Whatcom Family and Community Network

2303 Moore St
Bellingham,WA98229 		  PC (Installment 2) To fund 2 Perinatal Mental Health Interns at the Mobile Mama Clinic. This internship prepares the students for a career in Perinatal Mental Health and provides more support for Whatcom County mothers. 56,259

University of Washington Foundation

PO Box 359505
Seattle,WA98195 		  PC This grant will support the ongoing research of the Center for Dialysis Innovation (CDI) to advance modern dialysis methods, including the "wearable kidney backpack" 500,000

Whatcom Family and Community Network

2303 Moore St
Bellingham,WA98229 		  PC The initial grant of $20K for the Board Equity Stipend Program was mistakenly overspent. This funding covers the overspending of the program, with the funding going to diverse community members who are serving on non profit boards in Whatcom County 17,500

The Opportunity Council

1419 Cornwall Ave
Bellingham,WA98225 		  PC This grant of $70K over 2 years supports the Whatcom Resource Information Collaborative (WRIC), a web-based resource directory that functions as a public data utility- providing free, reliable, equitable access to this critical information as a public good. 70,000

Immigrant Resources and Immediate Support (IRIS)

1050 Larrabee Ave Suite 104
Bellingham,WA98225 		  PC Over 5 years, $25K per year: These flexible funds support the Immigrant Bridge Assistance Program, which provide community members who are immigrants in Whatcom County meet basic needs. 25,000

Bellingham Public Schools Foundation

1306 Dupont St
Bellingham,WA98225 		  PC On behalf of the "Cordata Collective," a group of parents and school staff with the mission of empowering families through school and community to create a compassionate, diverse, a and family driven school system. These funds supported 6 events at Cordata, including Spring Family Night, a social emotional learning event, and "Bedtime with Books" presented in both English and Spanish 10,000

Whatcom Human Rights Task Force

PO Box 653
Bellingham,WA98227 		  PC To support Bellingham Unity Committees community engagement efforts including Martin Luther King Day Gala; Juneteenth, etc. 10,000

Ferndale Community Services

5694 2nd Ave
Ferndale,WA98248 		  PC This fund is to support the Multicultural Community Event, a student run event hosted at Ferndale High School that will showcase and celebrate the different cultures of Ferndale. 5,000

Chuckanut Health Foundation

1500 Cornwall Ave 201
Bellingham,WA98225 		  PC This fund is to be used to support Chardi Kala Projects ONE Whatcom initiative to build bridges between Sikhs and non-Sikhs to reduce hate crimes against Sikhs. The grant should support the provision of four ONE Whatcom events: Lynden, Ferndale, Bellingham, and a combination of all 3 locations. 7,700

Bellingham Public Schools Foundation

1306 Dupont St
Bellingham,WA98225 		  PC To support the Back to School Block Party on August 20, 2022. In 2022, this event served 2000+ people; primarily students/families from historically marginalized communities. 5,000

Bellingham SeaFeast

904 Potter St
Bellingham,WA98229 		  PC Funding of 6 "Boat to Table" events that provide free, healthy meals to food insecure areas in a celebratory environment (Lummi Nation Back to School, East Whatcom Regional Resource Center/ Maple Falls Food Bank, Birchwood Food Desert, Bellingham SeaFeast (2), and Lummi Nation Winter Event). These meals will focus on seafood and the Mediterranean diet to encourage healthy eating with an emphasis on preventing diseases such as diabetes. 10,000

Whatcom County Library System

PO BOX 357
Deming,WA98244 		  GOV These funds will be used to support two events at the Deming Library and the Ferndale Library. The events will each host a two-hour presentation about the camas bulb, an Indigenous food that was historically a main part of Indigenous people's diet. The funds will cover the cost of two presenters, a potluck lunch featuring the camas bulb, and a camas bulb for attendees to take home and plant. 2,360

Chuckanut Health Foundation

1500 Cornwall Ave 201
Bellingham,WA98225 		  PC These funds will be used to support the All Hands Whatcom: Opioid Summit, which is and event dedicated to learning together, building community resilience and compassion, and engaging the community in identifying opportunities for meaningful action to navigate the storm of the opioid/fentanyl crisis. 10,000

Northwest Youth Services

1020 North State St
Bellingham,WA98225 		  PC Northwest Youth Services presents the First Annual Healing-Centered Gathering, Learn-Create-Connect in October 2023. This event will call in the profound knowledge and skills that lie dormant as a collective in the name of healing and connection. The event will explore Healing Centered Engagement through dynamic, culturally grounded conversations and relationship building. 5,000

Bellingham Public Schools Foundation

1306 Dupont St
Bellingham,WA98225 		  PC This grant supports the afterschool dance activity "Baile Folklorico," which provides a space for Bellingham High School (and middle school) students to immerse themselves in the Latinx culture. The students engage in traditional dances of their ancestors and perform at various school and community events. These funds will go towards the creation of traditional costumes, all handmade by Bellingham Public School custodian, Martha. 5,000

Vamos Outdoors Project

4120 Meridian St 160
Bellingham,WA98226 		  PC To support Vamos Outdoor Project's Summer Migrant Program, which provides academic enrichment and outdoor activities for students from migrant farmworker families in the Bellingham and Lynden school districts. 1,800

Ferndale School District

PO Box 698
Ferndale,WA98248 		  GOV To support the Ferndale School District Back to School Event that welcomes families back to the school year and provides services and community at the event 500

Whatcom Human Rights Task Force

PO Box 653
Bellingham,WA98227 		  PC This grant supports Harvest Days at the Share Spot, a festive expansion of Birchwood Food Desert Fighters weekly food share, celebrating the height of the harvest season. It will happen every Saturday during August and September. Inspired by Alimentando al Pueblos incorporation of art and music into their food distributions, Harvest Days aim to celebrate the rich cultural diversity of the neighborhood with food, music, community booths, activities for kids, and a space and moment to relax and be in community with each other. 7,000

Whatcom Community Foundation

1500 Cornwall Ave 202
Bellingham,WA98225 		  PC On August 16 2023, local Philanthropy organizations, including MBF, will host a gratitude event for nearly 100 Whatcom area non-profit organizations to share our collective gratitude for the nonprofit field and provide a space of connection and celebration for these organizations. 4,111

The Restorative CommUnity Coalition

410 W Bakerview Rd Suite 110 Rm 145
Bellingham,WA98225 		  PC To produce, then circulate a broad "human emergency crisis questionnaire," evaluate critical gaps, and host three online forums (Civic Cafe discussions) where the findings presented by a panel of lived experience people. 10,000

Whatcom Family and Community Network

2303 Moore St
Bellingham,WA98229 		  PC To extend funding for the Board Diversity Stipend Program to cover the remaining request of September 2023 3,337
Individuals with CKD various under


1323 Commercial St Suite 103
Bellingham,WA98225 		  I Housing, utilities, medications, clothing, vitamins, dental services assistance 29,421
Bellingham Technical College for in


3028 Lindbergh Ave
Bellingham,WA98225 		  I Scholarship 4,212

A Watered Garden Family Learning Center

531 Kentucky Ave
Joplin,MO94801 		  PC Diabetes Prevention 12,500
Total .................................right arrow 3a 2,188,959
bApproved for future payment

Evergreen Goodwill
700 Dearborn Place S
Seattle,WA98144 		  PC To provide scholarships to students who complete a Goodwill Training and desire to pursue higher education at Whatcom County higher education institutes. 80,000

Chuckanut Health Foundation
1500 Cornwall Ave 201
Bellingham,WA98225 		  PC These funds will be used to support the All Hands Whatcom: Opioid Summit, which is and event dedicated to learning together, building community resilience and compassion, and engaging the community in identifying opportunities for meaningful action to navigate the storm of the opioid/fentanyl crisis. 50,000

Washington State Family and Community Engagement Trust (WAFE)
7500 212th St SW Ste 104
Edmonds,WA98026 		  PC To support the Parent Leadership Training Institute (PLTI) in Whatcom County. This grant is structured to fund the full $75k in the first year (2023); and reduce this amount to $50k in 2024 and $25k in 2025, with the contingency to disbursement being that PLTI confirms they have received the remaining funds necessary for that year. Each years grant is expected to provide funding or support the provision of three PLTIs, one in English and two in Spanish. 75,000

The Opportunity Council
1419 Cornwall Ave
Bellingham,WA98225 		  PC This grant of $70K over 2 years supports the Whatcom Resource Information Collaborative (WRIC), a web-based resource directory that functions as a public data utility- providing free, reliable, equitable access to this critical information as a public good. 70,000

Immigrant Resources and Immediate Support (IRIS)
1050 Larrabee Ave Suite 104
Bellingham,WA98225 		  PC Over 5 years, $25K per year: These flexible funds support the Immigrant Bridge Assistance Program, which provide community members who are immigrants in Whatcom County meet basic needs. 100,000

Discount on grants payable
1323 Commercial St Suite 103
Bellingham,WA98225 		  NC Discount on long-term grant payable of $144,814. 8,084
Individuals With CKD various under

1323 Commercial St Suite 103
Bellingham,WA98225 		  I Housing, utilities, medications, clothing, vitamins. 977
Total ................................. right arrow 3b 384,061
Form 990-PF (2023)
Form 990-PF (2023)
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 ....     14 920,323  
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 ............ 		    18 786,579  
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 1,706,902 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,706,902
(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 (2023)
Form 990-PF (2023)
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
Mount Baker Foundation
EIN:
61-1862747
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accounting fees 23,436 0 0 23,777

TY 2023 InvestmentsCorpStockSchedule
Name:
Mount Baker Foundation
EIN:
61-1862747
Name of Stock End of Year Book Value End of Year Fair Market Value
Vanguard Inter-Term Invest-Gr Adm 787,019 787,019
Vanguard Long-Term Invest-Gr Adm 814,822 814,822
Vanguard Short-Term Invest-Gr Adm 1,887,673 1,887,673
Vanguard Tot Intl Bond Ix Admiral 2,966,581 2,966,581
Vanguard Tot Intl Stock Ix Inst 9,914,322 9,914,322
Vanguard Total Bond Mkt Index Adm 3,514,979 3,514,979
Vanguard Total Stock Mkt Idx Inst 15,326,134 15,326,134

TY 2023 InvestmentsGovtObligationsSch
Name:
Mount Baker Foundation
EIN:
61-1862747
US Government Securities - End of Year Book Value:

250,123
US Government Securities - End of Year Fair Market Value:

250,123
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2023 LegalFeesSchedule
Name:
Mount Baker Foundation
EIN:
61-1862747
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Legal fees 7,307 0 0 7,307


TY 2023 OtherAssetsSchedule
Name:
Mount Baker Foundation
EIN:
61-1862747
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
Accrued excise tax 23,837 244 244


TY 2023 OtherExpensesSchedule
Name:
Mount Baker Foundation
EIN:
61-1862747
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Program development 86,426 0 0 86,471
Marketing 8,324 0 0 9,002
Bank charges and fees 382 0 0 382
Office expense 16,029 0 0 15,852
Insurance 2,125 0 0 2,125
Dues and subscriptions 3,480 0 0 3,480
Board expenses 6,350 0 0 6,197
Miscellaneous 2,857 0 0 1,093


TY 2023 OtherIncreasesSchedule
Name:
Mount Baker Foundation
EIN:
61-1862747
Description Amount
Unrealized gain on investments 3,745,518


TY 2023 OtherLiabilitiesSchedule
Name:
Mount Baker Foundation
EIN:
61-1862747
Description Beginning of Year - Book Value End of Year - Book Value
Deferred tax liability 58,790 110,922


TY 2023 OtherProfessionalFeesSchedule
Name:
Mount Baker Foundation
EIN:
61-1862747
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Executive recruitment 4,726 0 0 4,726
Vangaurd fees 70,891 70,891 0 0


TY 2023 TaxesSchedule
Name:
Mount Baker Foundation
EIN:
61-1862747
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Payroll taxes 29,046 0 0 28,385
Federal excise tax 52,132 0 0 0
Other taxes and licenses 23,803 0 0 0