TY 2023 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

Go 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
WOLD FAMILY FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)2500 WESTLAKE AVE N SUITE E
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
SEATTLE, WA98109

A Employer identification number

91-6499224

B Telephone number (see instructions)

(206) 464-4614

C If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... right arrow

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) right arrow

$3,558,575J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	14,121		14,121
4	Dividends and interest from securities...	76,681		76,681
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		-88,857
b	Gross sales price for all assets on line 6a 1,647,353
7	Capital gain net income (from Part IV, line 2)...			0
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	1,945		90,802	0
13	Compensation of officers, directors, trustees, etc.	0		0	0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	16,150	8,075	0	8,075
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	21,110	21,110	0	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	1,441	1,441	0	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	38,701		30,626	0	8,075
25	Contributions, gifts, grants paid.......	281,100				281,100
26	Total expenses and disbursements. Add lines 24 and 25	319,801		30,626	0	289,175
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-317,856
b	Net investment income (if negative, enter -0-)			60,176
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	6,856	6,859	6,859
	2	Savings and temporary cash investments.........	112,132	128,700	128,750
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	174,402	List of Attached Documents: // Content 174,402	165,832
	b	Investments—corporate stock (attach schedule).......	2,424,478	List of Attached Documents: // Content 2,339,843	2,593,026
	c	Investments—corporate bonds (attach schedule).......	864,506	List of Attached Documents: // Content 659,709	628,010
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	77,226	List of Attached Documents: // Content 37,807	34,460
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	List of Attached Documents: // Content 0	List of Attached Documents: // Content 1,638	List of Attached Documents: // Content 1,638
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	3,659,600	3,348,958	3,558,575
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	0	0
		Foundations that follow FASB ASC 958, check here
		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
		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	652,500	652,500
	28	Retained earnings, accumulated income, endowment, or other funds	3,007,100	2,696,458
	29	Total net assets or fund balances (see instructions).....	3,659,600	3,348,958
	30	Total liabilities and net assets/fund balances (see instructions).	3,659,600	3,348,958

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

3,659,600

Enter amount from Part I, line 27a .....................

-317,856

Other increases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

7,214

Add lines 1, 2, and 3 ..........................

3,348,958

Decreases not included in line 2 (itemize) right arrow

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

3,348,958

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	SHORT TERM STOCK SALES		2023-01-01	2023-12-31
b	LONG TERM STOCK SALES		2010-01-01	2023-12-31
c	LONG TERM STOCK SALES		2016-04-26	2023-12-31
d	CAPITAL GAINS DIVIDENDS	P
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	642,201	637,499	4,702
b	992,132	1,096,485	-104,353
c	10,560	2,226	8,334
d	2,460		2,460
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			4,702
b			-104,353
c			8,334
d			2,460
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	-88,857
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 ...................		3	4,702

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	836
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	836
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	836
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	6,776
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	6,776
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	5,940
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax5,940	Refunded	11	0

Form 990-PF (2023)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. right arrow

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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? ................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address right arrow

N/A

The books are in care of right arrow

KEVIN WOLD Telephone no. right arrow

(206) 464-4614

Located at right arrow

2500 WESTLAKE AVENUE NORTH SUITE ESEATTLEWA ZIP+4 right arrow

98109

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

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)

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........ right arrow

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? .............

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)):

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?....................

If "Yes," list the years right arrow

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2023)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check ......... right arrow

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? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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? .........................

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
KEVIN WOLD	TRUSTEE 0.00	0	0	0
2500 WESTLAKE AVE N SUITE E SEATTLE,WA98109	TRUSTEE 0.00	0	0	0
LINDA G WOLD	TRUSTEE 0.00	0	0	0
2500 WESTLAKE AVE N SUITE E SEATTLE,WA98109	TRUSTEE 0.00	0	0	0

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...................				0

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 arrow

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	N/A	0
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......................... right arrow

Form 990-PF (2023)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

3,413,290

Average of monthly cash balances.......................

84,127

Fair market value of all other assets (see instructions)................

55,179

Total (add lines 1a, b, and c).........................

3,552,596

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

3,552,596

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

53,289

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

3,499,307

Minimum investment return. Enter 5% (0.05) of line 5................

174,965

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.)

Minimum investment return from Part IX, line 6..................

174,965

Tax on investment income for 2022 from Part V, line 5.......

836

Income tax for 2022. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

836

Distributable amount before adjustments. Subtract line 2c from line 1............

174,129

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

174,129

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

174,129

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

289,175

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

289,175

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					174,129
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......				0
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2022:
a From 2018......
b From 2019......	9,382
c From 2020......	23,739
d From 2021......	87,214
e From 2022......
f Total of lines 3a through e ........		120,335
4Qualifying distributions for 2023 from Part
XI, line 4: $ 289,175
a Applied to 2022, 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 2023 distributable amount.....					174,129
e Remaining amount distributed out of corpus		115,046
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		235,381
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 ......		235,381
10 Analysis of line 9:
a Excess from 2019....	9,382
b Excess from 2020....	23,739
c Excess from 2021....	87,214
d Excess from 2022....
e Excess from 2023....	115,046

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 4942(j)(3) or4942(j)(5)

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	(e) Total

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).)

KEVIN WOLD

LINDA G WOLD

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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 (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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ANTHONY BATES FOUNDATION 111 E DUNLAP AVE STE 1-291 PHOENIX,AZ85020	N/A	PC	TO SUPPORT EXEMPT ORGANIZATIONS	5,000
ARMY EMERGENCY RELIEF FUND 2530 CRYSTAL DR SUITE 13161 ARLINGTON,VA22202	N/A	PC	TO SUPPORT EXEMPT ORGANIZATIONS	5,000
FORGOTTEN CHILDREN'S FUND PO BOX 9936 SEATTLE,WA98109	N/A	PC	TO SUPPORT EXEMPT ORGANIZATIONS	5,000
FRED HUTCHINSON CANCER RESEARCH CENTER 1100 FAIRVIEW AVE N PO BOX 19024 SEATTLE,WA98109	N/A	PC	TO SUPPORT EXEMPT ORGANIZATIONS	15,000
GARY SINISE FOUNDATION PO BOX 40726 NASHVILLE,TN37204	N/A	PC	TO SUPPORT EXEMPT ORGANIZATIONS	15,000
GRANT COUNTY ANIMAL OUTREACH 6725 RANDOLPH RD NE MOSES LAKE,WA98837	N/A	PC	TO SUPPORT EXEMPT ORGANIZATIONS	3,000
NORTHWEST HARVEST PO BOX 12272 SEATTLE,WA98102	N/A	PC	TO SUPPORT EXEMPT ORGANIZATIONS	5,000
PASADO'S SAFE HAVEN PO BOX 171 SULTAN,WA98294	N/A	PC	TO SUPPORT EXEMPT ORGANIZATIONS	10,000
SAMARITAN'S PURSE PO BOX 3000 BOONE,NC28607	N/A	PC	TO SUPPORT EXEMPT ORGANIZATIONS	7,500
SEATTLE HUMANE SOCIETY 13212 SE EASTGATE WAY BELLEVUE,WA98005	N/A	PC	TO SUPPORT EXEMPT ORGANIZATIONS	10,000
SHRINER'S HOSPITALS FOR CHILDREN 2900 N ROCKY POINT DRIVE TAMPA,FL33607	N/A	PC	TO SUPPORT EXEMPT ORGANIZATIONS	7,500
STEPHEN SILLER TUNNEL TO TOWERS FOUDATION 2361 HYLAN BLVD STATEN ISLAND,NY10306	N/A	PC	TO SUPPORT EXEMPT ORGANIZATIONS	30,000
THE UCLA FOUNDATION 10889 WILSHIRE BOULEVARD SUITE 1100 LOS ANGELES,CA90024	N/A	PC	TO SUPPORT EXEMPT ORGANIZATIONS	2,000
UNIVERSITY OF ARIZONA FOUNDATION 1111 NORTH CHERRY AVENUE TUCSON,AZ85721	N/A	PC	TO SUPPORT EXEMPT ORGANIZATIONS	2,000
CHILDRENS HOSPITAL FOUNDATION 111 MICHIGAN AVE NW WASHINGTON,DC20010	N/A	PC	TO SUPPORT EXEMPT ORGANIZATIONS	100,000
AMERICAN SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS 424 EAST 92ND STREET NEW YORK,NY10128	N/A	PC	TO SUPPORT EXEMPT ORGANIZATIONS	5,000
BISHOP BLANCHET HIGH SCHOOL 8200 WALLINGFORD AVE N SEATTLE,WA98103	N/A	PC	TO SUPPORT EXEMPT ORGANIZATIONS	6,100
ADAMS COUNTY PET RESCUE PO BOX 612 OTHELLO,WA99344	N/A	PC	TO SUPPORT EXEMPT ORGANIZATIONS	5,000
MARY BRIDGE CHILDRENS FOUNDATION PO BOX 5299 TACOMA,WA98415	N/A	PC	TO SUPPORT EXEMPT ORGANIZATIONS	10,000
HOLY NAMES ACADEMY 728 21ST AVE E SEATTLE,WA98112	N/A	PC	TO SUPPORT EXEMPT ORGANIZATIONS	8,000
SALVATION ARMY 1424 NORTHEAST EXPY NE BROOKHAVEN,GA30329	N/A	PC	TO SUPPORT EXEMPT ORGANIZATIONS	15,000
PROVIDENCE HOSPICE OF SEATTLE 2811 S 102ND ST STE 220 TUKWILA,WA98168	N/A	PC	TO SUPPORT EXEMPT ORGANIZATIONS	5,000
ST JOSEPH PARISH 732 18TH AVE E SEATTLE,WA98112	N/A	PC	TO SUPPORT EXEMPT ORGANIZATIONS	5,000
Total ................................. 3a				281,100

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	14,121
4 Dividends and interest from securities ....			14	76,681
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	-88,857
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		1,945	0

13Total. Add line 12, columns (b), (d), and (e)..................

1,945

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2023)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2023 AccountingFeesSchedule

Name:

WOLD FAMILY FOUNDATION

EIN:

91-6499224

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAX PREPARATION FEES	16,150	8,075	0	8,075

- TIN:

TY 2023 InvestmentsCorpBondsSchedule

Name:

WOLD FAMILY FOUNDATION

EIN:

91-6499224

Name of Bond	End of Year Book Value	End of Year Fair Market Value
BANK OF AMERICA CORP	44,765	39,395
BNY MELLON HIGH YIELD FUND - CLASS I	200,000	205,364
CVS HEALTH CORP	26,521	24,576
GOLDMAN SACHS GROUP INC	25,328	24,927
INTEL CORP	27,983	27,002
ISHARES LEHMAN 1-3 YEAR TREASURY	149,598	147,672
MORGAN STANLEY	39,736	34,494
NIKE INC	37,042	33,218
PROCTER & GAMBLE CO/THE	33,339	28,093
TARGET CORP	31,996	28,863
TCW EMERGING MARKETS INCOME FUND-I	43,401	34,406

- TIN:

TY 2023 InvestmentsCorpStockSchedule

Name:

WOLD FAMILY FOUNDATION

EIN:

91-6499224

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABBOTT LABORATORIES (ABT)	20,538	19,042
ABBVIE INC (ABBV)	14,186	19,681
ACCENTURE PLC (ACN)	6,211	8,071
ALIGN TECHNOLOGY INC (ALGN)	18,060	13,974
ALLSTATE CORP (ALL)	14,424	15,258
ALPHABET, INC (GOOGL)	59,280	73,058
AMAZON.COM INC (AMZN)	45,943	53,483
AMERICAN INTERNATIONAL GROUP (AIG)	13,890	21,680
AMERIPRISE FINANCIAL INC (AMP)	13,978	20,891
AMPHENOL CORP NEW (APH) CI A	15,110	19,826
ANTHEM INC (ELV)	12,171	12,261
APPLE INC (AAPL)	42,081	75,472
APPLIED MATERIALS INC (AMAT)	10,352	12,317
ARES MANAGEMENT CORPORATION (ARES)	5,790	8,324
ASSURANT INC (AIZ)	14,155	16,681
AT&T INC (T)	12,368	11,746
BAKER HUGHES (BKR)	8,114	8,887
BANK OF AMERICA CORPORATION (BAC)	9,935	12,290
BECTON DICKINSON AND CO (BDX)	21,446	19,019
BERKSHIRE HATHAWAY INC DEL CL B (BRKB)	32,778	33,526
BOSTON SCIENTIFIC CORPORATION (BSX)	17,079	22,546
BROADCOM INC	4,322	8,930
CHAMPLAIN MID CAP FUND (CIPIX)	24,000	19,922
CHEWY INC (CHWY)	8,358	10,870
CISCO SYSTEMS INC (CSCO)	11,494	10,104
CME GROUP INC (CME)	18,118	18,322
COCA - COLA CO(KO)	12,310	12,965
CONSTELLATION ENERGY (CEG)	15,329	15,780
CORNING INC (GLW)	9,186	7,917
COSTAR GROUP INC (CSGP)	10,314	11,361
COSTCO WHSL CORP (COST)	6,744	11,881
CRH PLC (CRH)	7,838	9,682
CSX CORP (CSX)	6,232	6,379
DANAHER CORP (DHR)	16,747	17,351
DEERE & CO (DE)	3,812	3,999
DFA EMERGING MARKETS CORE EQUITY (DFCEX) FUNDS	44,683	38,189
DOMINION RES INC VA NEW (D)	9,185	8,930
EATON CORP PLC	17,956	30,343
ELI LILLY AND CO (LLY)	14,087	37,890
EVEREST RE GROUP LTD (EG)	9,537	8,840
EXXON MOBIL CORP (XOM)	33,209	31,694
FREEPORT MCMORAN COPPER AND GOLD INC (FCX)	14,006	13,622
GENUINE PARTS CO (GPC)	6,422	5,125
HUBSPOT INC (HUBS)	17,552	19,158
ILLINOIS TOOL WKS INC (ITW)	12,164	13,883
ILLUMINA INC (ILMN)	14,224	12,671
INTEL CORP (INTC)	8,739	9,548
INTERNATIONAL GAME TECHNOLOGY PLC (IGT)	15,769	15,076
INTUITIVE SURGICAL INC (ISRG)	8,540	8,434
ISHARES CORE MSCI EMERGING MARETS (IEMG) ETF	28,089	30,348
ISHARES MSCI EAFE INDEX FD (EFA)	295,538	282,563
ISHARES MSCI EAFE SMALL CAP INDEX (SCZ)	74,705	61,900
ISHARES RUSSELL 2000 INDEX FUND (IWM)	11,040	18,064
ISHARES S&P 500 INDEX FUND (IW)	168,461	191,052
ISHARES TR (IJH) S&P MIDCAP 400 INDEX FD	162,971	166,290
ISHARES TR S&P SMALLCAP 600 (IJR)	275,807	284,698
JP MORGAN CHASE & CO (JPM)	21,854	42,525
LAS VEGAS SANDS CORP (LVS)	13,147	18,208
MARATHON PETROLEUM CORP (MPC)	12,209	12,166
MARTIN MARIETTA MATERIALS INC (MLM)	7,634	10,976
MCDONALD'S CORPORATION	7,553	9,192
MICROCHIP TECHNOLOGY INC (MCHP)	6,563	7,214
MICROSOFT CORP (MSFT)	29,188	92,882
NETFLIX COM INC (NFLX)	6,606	7,303
NEWMONT MINING CORP (NEM)	17,759	17,798
NEXTERA ENERGY INC (NEE)	8,393	6,681
NIKE INC CLASS B STOCK (NKE)	7,284	6,623
NORTHRUP GRUMMAN CORP (NOC)	16,622	18,257
NVIDIA CORP (NVDA)	25,235	46,551
OCCIDENTAL PETROLEUM CORP (OXY)	14,131	13,733
PARNASSUS MID CAP FUND (PFPMX)	150,000	125,374
PUBLIC SVC ENTERPRISE GROUP INC (PEG)	9,617	8,561
REGENERON PHARMACEUTICALS INC (REGN)	5,519	7,026
RENAISSANCE RE HLDGS LTD ADR (RNR)	10,450	10,584
REPLIGEN CORP (RGEN)	7,128	7,372
SANOFI-AVENTIS ADR (SNY)	12,994	12,433
SAREPTA THERAPEUTICS INC (SRPT)	13,743	11,572
SCHLUMBERGER LTD (SLB)	20,085	18,734
S&P GLOBAL INC (SPGI)	13,941	15,859
SHOPIFY INC (SHOP)	5,798	7,790
SQUARE INC (SQ)	11,901	13,923
SYNCRONY FINANCIAL (SYF)	5,343	4,965
THE PROCTER & GAMBLE COMPANY (PG)	6,165	6,301
THERMO FISHER SCIENTIFIC INC (TMO)	12,966	13,270
TRANE TECHNOLOGIES PUBLIC LIMITED CO (TT)	10,470	14,634
TWILIO INC (TWLO)	5,387	6,070
UBER TECHNOLOGIES INC (UBER)	10,848	13,545
UNITEDHEALTH GROUP INC (UNH)	13,437	17,900
VERALTO CORPORATION (VLTO)	2,211	2,057
VOYA FINANCIAL INC (VOYA)	12,285	13,133

- TIN:

TY 2023 InvestmentsGovtObligationsSch

Name:

WOLD FAMILY FOUNDATION

EIN:

91-6499224

US Government Securities - End of Year Book Value:

174,402

US Government Securities - End of Year Fair Market Value:

165,832

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

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

- TIN:

TY 2023 InvestmentsOtherSchedule2

Name:

WOLD FAMILY FOUNDATION

EIN:

91-6499224

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
VANGUARD REAL ESTATE ETF	AT COST	37,807	34,460

- TIN:

TY 2023 OtherAssetsSchedule

Name:

WOLD FAMILY FOUNDATION

EIN:

91-6499224

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
INVESTMENTS - TIMING DIFFERENCE	0	1,638	1,638

- TIN:

TY 2023 OtherIncreasesSchedule

Name:

WOLD FAMILY FOUNDATION

EIN:

91-6499224

Description	Amount
EXCISE TAX REFUND	7,214

- TIN:

TY 2023 OtherProfessionalFeesSchedule

Name:

WOLD FAMILY FOUNDATION

EIN:

91-6499224

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT ADVISORY FEES	21,110	21,110	0	0

- TIN:

TY 2023 TaxesSchedule

Name:

WOLD FAMILY FOUNDATION

EIN:

91-6499224

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES	1,441	1,441	0	0