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
BEN B CHENEY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)3110 RUSTON WAY A
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
TACOMA, WA98402
A Employer identification number

91-6053760
B Telephone number (see instructions)

(253) 572-2442
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$88,812,351J 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... 1,799,817 1,708,856  
5a Gross rents............ 77,519 77,519  
b Net rental income or (loss) 77,519
6a Net gain or (loss) from sale of assets not on line 10 1,913,903
b Gross sales price for all assets on line 6a 19,448,605
7 Capital gain net income (from Part IV, line 2)... 1,913,903
8 Net short-term capital gain.........  
9 Income modifications........... 56,679
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
244,900 188,221  
12 Total. Add lines 1 through 11........ 4,036,139 3,888,499 56,679
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 252,216 0   252,216
14 Other employee salaries and wages...... 231,253 0   231,253
15 Pension plans, employee benefits....... 127,395 0   127,395
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
31,337 14,003   17,334
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
127,993 63,293   64,700
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
334,026 334,026   0
17 Interest............... 10,852 0   10,852
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
142,715 48,537   40,026
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
52,401 0  
20 Occupancy.............. 30,742 0   30,742
21 Travel, conferences, and meetings....... 8,365 0   8,365
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
90,440 29,564   60,876
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,439,735 489,423   843,759
25 Contributions, gifts, grants paid....... 3,098,562 3,098,562
26 Total expenses and disbursements. Add lines 24 and 25 4,538,297 489,423   3,942,321
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -502,158
b Net investment income (if negative, enter -0-) 3,399,076
c Adjusted net income (if negative, enter -0-)... 56,679
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............. 27,808 15,137 15,137
2 Savings and temporary cash investments......... 2,243,926 1,229,898 1,229,898
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.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 70,000 75,848 75,848
10a Investments—U.S. and state government obligations (attach schedule) 4,112,591 Click to see attachment
List of Attached Documents:
// Content
7,446,621 		7,355,889
b Investments—corporate stock (attach schedule)....... 38,632,932 Click to see attachment
List of Attached Documents:
// Content
35,748,039 		56,428,111
c Investments—corporate bonds (attach schedule)....... 4,533,938 Click to see attachment
List of Attached Documents:
// Content
4,321,067 		4,273,453
11 Investments—land, buildings, and equipment: basis right arrow987,933
Less: accumulated depreciation (attach schedule) right arrow276,190 733,518 Click to see attachment
List of Attached Documents:
// Content
711,743 		1,212,830
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 15,929,562 Click to see attachment
List of Attached Documents:
// Content
16,386,042 		17,236,890
14 Land, buildings, and equipment: basis right arrow1,101,210
Less: accumulated depreciation (attach schedule) right arrow624,003 508,346 Click to see attachment
List of Attached Documents:
// Content
477,207 		713,319
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
584,370 		Click to see attachment
List of Attached Documents:
// Content
161,375 		Click to see attachment
List of Attached Documents:
// Content
270,976
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 67,376,991 66,572,977 88,812,351
Liabilities 17 Accounts payable and accrued expenses.......... 23,164 41,520
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 321,970 312,367
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
205,317 		Click to see attachment
List of Attached Documents:
// Content
5,317
23 Total liabilities (add lines 17 through 22)......... 550,451 359,204
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...........    
25 Net assets with donor restrictions............    
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........ 66,826,540 66,213,773
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 66,826,540 66,213,773
30 Total liabilities and net assets/fund balances (see instructions). 67,376,991 66,572,977
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
66,826,540
2
Enter amount from Part I, line 27a .....................
2
-502,158
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
66,324,382
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
110,609
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
66,213,773
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   P 2011-01-10 2023-12-31
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 19,448,605   17,534,702 1,913,903
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       1,913,903
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 1,913,903
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  
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 47,247
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 47,247
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 47,247
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 75,808
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 75,808
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.......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 28,561
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow28,561 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 changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
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, CA
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.BENBCHENEYFOUNDATION.ORG
14
The books are in care ofright arrowDPC Telephone no.right arrow (253) 572-9922

Located atright arrow1940 E D ST SUITE 200TACOMAWA ZIP+4right arrow98421
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)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
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
BRADBURY F CHENEY BOARD CHAIR & EXECUTIVE DIRECTOR
30.00 		219,216 63,741 0
4210 HORSEHEAD BAY RD NW
GIG HARBOR,WA98335
CAROLYN CHENEY VICE CHAIR
1.00 		5,500 0 0
4210 HORSEHEAD BAY RD NW
GIG HARBOR,WA98335
MATTHEW BECKINGHAM TREASURER
1.00 		5,500 0 0
5835 54TH ST WEST
UNIVERSITY PLACE,WA98467
JORDAN BECKINGHAM SECRETARY
1.00 		5,500 0 0
58330 WEST HAMM LANE
EAGLE,ID83616
ANDREW CHENEY DIRECTOR
1.00 		4,750 0 0
8215 56TH AVE NW
GIG HARBOR,WA98332
BOB HALL DIRECTOR
1.00 		5,500 0 0
20 NORTH ORCHARD RD
TACOMA,WA98406
HENRY CHENEY DIRECTOR
1.00 		750 0 0
2322 NORTH 31ST ST 3
TACOMA,WA98403
JAMIE FOSTER DIRECTOR
1.00 		5,500 0 0
366 FARALLONE AVE
FIRCREST,WA98466
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
ERIKA J TUCCI SENIOR PROGRAM
38.00 		147,368 37,174 0
1339 NORTH FIR STREET
TACOMA,WA98406
CAROL L LEWIS EXEC ASSISTANT
38.00 		84,311 26,149 0
5515 S 11TH ST
TACOMA,WA98465
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
C F INVESTMENTS INC ACCOUNTING & TAX PREP 275,316
3110 RUSTON WAY SUTIE B
TACOMA,WA98402
WELLS FARGO INVESTMENT MANAGEMENT 122,693
1201 PACIFIC AVENUE SUITE 1100
TACOMA,WA98402
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  
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 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
79,721,323
b
Average of monthly cash balances.......................
1b
2,762,650
c
Fair market value of all other assets (see instructions)................
1c
1,639,452
d
Total (add lines 1a, b, and c).........................
1d
84,123,425
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
84,123,425
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,261,851
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
82,861,574
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
4,143,079
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
4,143,079
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
47,247
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
47,247
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
4,095,832
4
Recoveries of amounts treated as qualifying distributions................
4
56,679
5
Add lines 3 and 4............................
5
4,152,511
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
4,152,511
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
3,942,321
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
3,942,321
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 4,152,511
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 3,865,081
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$ 3,942,321
a Applied to 2022, but not more than line 2a 3,865,081
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..... 77,240
e Remaining amount distributed out of corpus 0
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 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 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 .......... 		4,075,271
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 ...... 		0
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....  
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:
BRADBURY F CHENEY
3110 RUSTON WAY SUITE A
TACOMA,WA98402
(253) 572-2442
bThe form in which applications should be submitted and information and materials they should include:
NONE
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
WASHINGTON, OREGON, AND SELECTED AREAS OF NORTHERN CALIFORNIA
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

ANCHOR CHURCH

2401 S ORCHARD ST
TACOMA,WA98466 		  501C3 BOARD DIRECTED GIFT FROM JAMIE ALGEE - FOR ANCHOR KIDS & STUDENTS ONLY 5,000

ANNIE WRIGHT SCHOOL

827 N TACOMA AVE
TACOMA,WA98403 		  501C3 ARTS HUB AND MIDDLE SCHOOL RENOVATION 100,000

ASHLEY HOUSE

33811 9TH AVE S
FEDERAL WAY,WA98003 		  501C3 MEDICAL/WHEELCHAIR VAN FOR TRANSPORTING CHILDREN AND YOUTH. 10,000

ASIA PACIFIC CULTURAL CENTER

3513 EAST PORTLAND AVENUE
TACOMA,WA98404 		  501C3 APCC BUILDING PROJECT 100,000

ASSOCIATION OF FUNDRAISING PROFESSIONALS SOUTH SOUND CHAPTER

PO BOX 18119
TACOMA,WA98419 		  501C3 SOUTH SOUND PHILANTHROPY SUMMIT 2023 500

BELLARMINE PREPARATORY SCHOOL

2300 S WASHINGTON
TACOMA,WA98405 		  501C3 RENOVATIONS OF WEBER HALL ON THE CAMPUS OF BELLARMINE PREPARATORY SCHOOL 100,000

BOISE STATE UNIVERSITY

1910 W UNIVERSITY DR
BOISE,ID83725 		  501C3 2023 HIGH SCHOOL SCHOLARSHIPS 3,000

BOYS & GIRLS CLUBS OF SOUTH PUGET SOUND

3875 SOUTH 66TH STREET SUITE 101
TACOMA,WA98409 		  501C3 2024 LEGACY OF HOPE SPONSORSHIP 3,000

BOYS & GIRLS CLUBS OF SOUTH PUGET SOUND

3875 SOUTH 66TH STREET SUITE 101
TACOMA,WA98409 		  501C3 MATCHING GIFT - BOB HALL 500

BOYS & GIRLS CLUBS OF SOUTH PUGET SOUND

3875 SOUTH 66TH STREET SUITE 101
TACOMA,WA98409 		  501C3 MATCHING GIFTS. 3,250

BOYS & GIRLS CLUBS OF SOUTH PUGET SOUND

3875 SOUTH 66TH STREET SUITE 101
TACOMA,WA98409 		  501C3 AL DAVIES CLUB ROOF REPAIR 35,000

BOYS & GIRLS CLUBS OF SOUTH PUGET SOUND

3875 SOUTH 66TH STREET SUITE 101
TACOMA,WA98409 		  501C3 11TH ANNUAL RACE FOR THE CLUBS SPONSORED BY THE WOODWORTH FAMILY FOUNDATION 2,500

BOYS & GIRLS CLUBS OF SOUTH PUGET SOUND

3875 SOUTH 66TH STREET SUITE 101
TACOMA,WA98409 		  501C3 2023 LEGACY OF HOPE SPONSORSHIP 2,500

CALIFORNIA CAREFORCE

950 RESERVE DRIVE
ROSEVILLE,CA95678 		  501C3 2024 HUMBOLT COUNTY FREE HEALTHCARE CLINIC 10,000

CANCER CONCIERGE

3414 47TH STREET CT
GIG HARBOR,WA98335 		  501C3 BOARD DIRECTED GIFT - JAMIE ALGEE 5,000

CANDID

32 OLD SLIP 24TH FL
NEW YORK,NY10005 		  501C3 CONNECTING NONPROFITS TO THE RESOURCES THEY NEED TO THRIVE 1,500

CAROL MILGARD BREAST CENTER

4525 S 19TH STREET
TACOMA,WA98405 		  501C3 MATCHING GIFT - CAROLYN CHENEY 250

CENTER FOR DIALOG & RESOLUTION

717 TACOMA AVE S
TACOMA,WA98402 		  501C3 THE SPACE BETWEEN: EQUITY & ACCESS INITIATIVE 75,000

CENTRAL PARK LIONS CLUB FOUNDATION

7130 LIONS CLUB PARK ROAD
ABERDEEN,WA98520 		  501C3 CENTRAL PARK COMMUNITY PLAYGROUND IMPROVEMENTS PROJECT. 15,000

CENTRAL WASHINGTON UNIVERSITY

400 E UNIVERSITY WAY
ELLENSBURG,WA98926 		  501C3 2023 HIGH SCHOOL SCHOLARSHIPS 6,000

CENTRALIA COLLEGE FOUNDATION

600 CENTRALIA COLLEGE BLVD
CENTRALIA,WA98531 		  501C3 CENTRALIA COLLEGE ATHLETIC COMPLEX 35,000

CHARLES WRIGHT ACADEMY

7723 CHAMBERS CREEK RD
TACOMA,WA98467 		  501C3 CHARLES WRIGHT ACADEMY BASEBALL FIELD IMPROVEMENTS 15,000

CHARLES WRIGHT ACADEMY

7723 CHAMBERS CREEK RD
TACOMA,WA98467 		  501C3 MATCHING GIFT - BRAD CHENEY 1,200

CHARLES WRIGHT ACADEMY

7723 CHAMBERS CREEK RD
TACOMA,WA98467 		  501C3 SPRING SPORTS PROGRAM 5,000

CHEHALIS FOUNDATION

PO BOX 1608
CHEHALIS,WA98532 		  501C3 W.F. WEST FIELD INFRASTRUCTURE AND TURF PROJECT 30,000

CIVICS LEARNING PROJECT (CLASSROOM LAW PROJECT)

1300 SW 6TH AVENUE SUITE 190
PORTLAND,OR97201 		  501C3 OREGON CIVICS REACH INITIATIVE: SOUTHERN OREGON EXPANSION 10,000

CLOVER PARK TECHNICAL COLLEGE

4500 STEILACOOM BLVD SW
TACOMA,WA98499 		  501C3 2023 HIGH SCHOOL SCHOLARSHIPS 3,000

COFFEE OASIS

837 4TH STREET
BREMERTON,WA98337 		  501C3 TACOMA CAMPUS APARTMENT BUILDING REHABILITATION 75,000

COLSON CENTER

PO BOX 62160
COLORADO SPRINGS,CO80962 		  501C3 MATCHING GIFT. 103

COMMUNITY HEALTH CARE

1148 BROADWAY SUITE 100
TACOMA,WA98402 		  501C3 PUYALLUP HEALTH CENTER 75,000

COMPREHENSIVE LIFE RESOURCES

1305 TACOMA AVENUE S
TACOMA,WA98402 		  501C3 INTEGRATED CARE CENTER 75,000

COMPREHENSIVE LIFE RESOURCES

1305 TACOMA AVENUE S
TACOMA,WA98402 		  501C3 MATCHING GIFT - ERIKA TUCCI 500

CONNECTICUT COLLEGE

270 MOHEGAN AVE
NEW LONDON,CT06320 		  501C3 2023 HIGH SCHOOL SCHOLARSHIPS 3,000

CONVOY OF HOPE

1 CONVOY DRIVE
SPRINGFIELD,MO65802 		  501C3 MATCHING GIFT - CAROLYN CHENEY 250

DISPUTE RESOLUTION CENTER OF KITSAP COUNTY

9004 WASHINGTON AVE NW
SILVERDALE,WA98383 		  501C3 THE PLACE FOR PEACE CAPITAL EXPANSION PROJECT 35,000

EAGLE POINT SCHOOL DISTRICT

PO BOX 198
EAGLE POINT,OR97524 		  501C3 2023 CHARLEY GIVAN SCHOLARSHIPS 15,000

EASTERN WASHINGTON UNIVERSITY

102 SUTTON HALL
CHENEY,WA99004 		  501C3 2023 HIGH SCHOOL SCHOLARSHIPS 3,000

EMERGENCY FOOD NETWORK

3318 92ND ST S
LAKEWOOD,WA98499 		  501C3 MATCHING GIFT - CAROLYN CHENEY 50

EMERGENCY FOOD NETWORK

3318 92ND ST S
LAKEWOOD,WA98499 		  501C3 2023 HOLIDAY GRANT PROGRAM 7,500

FELLOWSHIP OF CHRISTIAN ATHLETES

8701 LEEDS RD
KANSAS CITY,MO64129 		  501C3 CAROLYN CHENEY - MATCHING GRANT 1,900

FOSS WATERWAY SEAPORT

705 DOCK STREET
TACOMA,WA98402 		  501C3 FOSS WATERWAY SEAPORT RESTROOM RENOVATION 40,000

FOSS WATERWAY SEAPORT

705 DOCK STREET
TACOMA,WA98402 		  501C3 MATCHING GIFT - ANDREW CHENEY 250

FRANKE TOBEY JONES

5340 NORTH BRISTOL
TACOMA,WA98407 		  501C3 PT. DEFIANCE - RUSTON SENIOR CENTER COMPUTER GRANT 10,000

FRED OLDFIELD WESTERN HERITAGE & ART CENTER

PO BOX 1539
PUYALLUP,WA98371 		  501C3 DANCE FLOOR FOR CLASSES 8,000

FRIENDS OF THE CHILDREN

7302 S PARK AVE
TACOMA,WA98408 		  501C3 FOSTER CARE PREVENTION AND INTERVENTION PROGRAM GROWTH 25,000

GIG HARBOR PENINSULA FISH

PO BOX 154
GIG HARBOR,WA98335 		  501C3 2023 HOLIDAY GRANT PROGRAM 7,500

GIRLS ON THE RUN OF WEST SOUND

PO BOX 1003
TRACYTON,WA98393 		  501C3 MATCHING GIFT - CAROLYN CHENEY 250

GONZAGA UNIVERSITY

E 502 BOONE AVENUE
SPOKANE,WA99258 		  501C3 2023 HIGH SCHOOL SCHOLARSHIPS 3,000

GRAND CANYON UNIVERSITY

3300 W CAMELBACK RD
PHOENIX,AZ85017 		  501C3 2023 HIGH SCHOOL SCHOLARSHIPS 6,000

GRAYS HARBOR HISTORICAL SEAPORT

PO BOX 2019
ABERDEEN,WA98520 		  501C3 WINTER MAINTENANCE OF LADY WASHINGTON 15,000

GREATER METRO PARKS FOUNDATION

4702 S 19TH ST
TACOMA,WA98405 		  501C3 WHOLE CHILD SAFE ZONES (PARTNERSHIP WITH BEYOND THE BELL ENTITIES) 40,000

GREENTRIKE

1501 PACIFIC AVE STE 202
TACOMA,WA98402 		  501C3 MATCHING GIFT 1,050

GREENTRIKE

1501 PACIFIC AVE STE 202
TACOMA,WA98402 		  501C3 GREENTRIKE OSTI 40,000

GREENTRIKE

1501 PACIFIC AVE STE 202
TACOMA,WA98402 		  501C3 MALLORY DELABAR MATCHING GIFT 250

GREENTRIKE

1501 PACIFIC AVE STE 202
TACOMA,WA98402 		  501C3 SYMPOSIUM SPONSORSHIP 1,000

HABITAT FOR HUMANITY TACOMAPIERCE COUNTY

4824 SOUTH TACOMA WAY
TACOMA,WA98409 		  501C3 MATCHING GIFT - BOB HALL 750

HILLTOP ARTISTS

PO BOX 6829
TACOMA,WA98417 		  501C3 MATCHING GIFT - JAMIE ALGEE 105

HISTORIC TOWN OF WILKESON

540 CHURCH STREET
WILKESON,WA98396 		  501C3 THE WILKESON COMMUNITY HUB 10,000

JUNIOR ACHIEVEMENT OF WASHINGTON

1610 PERIMETER ROAD
AUBURN,WA98001 		  501C3 JUNIOR ACHIEVEMENT OF WASHINGTON PROGRAMS GRANT 25,000

KCTS ASSOCIATION

401 MERCER STREET
SEATTLE,WA98109 		  501C3 MATCHING GIFT 60

KIWANIS CLUB OF SOUTH BEND

PO BOX 425
SOUTH BEND,WA98586 		  501C3 SUMMER CAMPS 2023 & 2024 15,000

LA CLINICA

931 CHEVY WAY
MEDFORD,OR97504 		  501C3 ACUTE CARE CLINIC EXPANSION 50,000

LAKEWOLD GARDENS

PO BOX 39780
LAKEWOOD,WA98439 		  501C3 GROWING FOR ALL 25,000

LIGHTHOUSE CHRISTIAN SCHOOL

3008 36TH ST NW
GIG HARBOR,WA98335 		  501C3 MAXIMIZING OUR POTENTIAL - PHASE ONE 25,000

LISTEN & TALK

8244 122ND AVE NE
KIRKLAND,WA98033 		  501C3 AGE BIRTH TO 3 SERVICES FOR DEAF/HARD OF HEARING CHILDREN IN PIERCE COUNTY 20,000

LONGVIEW LIBRARY FOUNDATION

1600 LOUISIANA ST
LONGVIEW,WA98632 		  501C3 LONGVIEW PUBLIC LIBRARY BOOKMOBILE 10,000

LOWER COLUMBIA COLLEGE

PO BOX 3010
LONGVIEW,WA98632 		  501C3 HEERENSBERGER FIELD TURF PROJECT 30,000

MERCYHURST UNIVERSITY

501 EAST 38TH STREET
ERIE,PA16546 		  501C3 2023 HIGH SCHOOL SCHOLARSHIPS 3,000

MONTANA STATE UNIVERSITY

PO BOX 172190
BOZEMAN,MT59717 		  501C3 2023 HIGH SCHOOL SCHOLARSHIPS 3,000

MORNINGSIDE

PO BOX 7936
OLYMPIA,WA98507 		  501C3 PIERCE COUNTY BUILDING RENOVATION 15,000

MULTICARE HEALTH FOUNDATIONS

BOX 5296
TACOMA,WA98415 		  501C3 MARY BRIDGE CHILDREN'S HOSPITAL CAPITAL CAMPAIGN 500,000

MULTICARE HEALTH FOUNDATIONS

BOX 5296
TACOMA,WA98415 		  501C3 MATT BECKINGHAM MARY BRIDGE FESTIVAL OF TREES MATCHING GIFT 3,000

MULTICULTURAL CHILD & FAMILY HOPE CENTER

2021 S 19TH ST
TACOMA,WA98405 		  501C3 CORA WHITLEY FAMILY CENTER SECURITIZATION SUPPORT 40,000

NFF PAUL WALLROF T-PC CHAPTER

919 S 9TH ST
TACOMA,WA98405 		  501C3 SCHOLARSHIP 500

NORTH MASON REGIONAL FIRE AUTHORITY (NORTH MASON FIREFIGHTER'S ASSOCIATION)

490 NE OLD BELFAIR HWY
BELFAIR,WA98528 		  501C3 NORTH MASON REGIONAL FIRE AUTHORITY MOBILE INTEGRATED HEALTH PROGRAM UNIT & EQUIPMENT 25,000

NOURISH PIERCE COUNTY

1702 S 72ND ST STE E
TACOMA,WA98408 		  501C3 2023 HOLIDAY GRANT PROGRAM 7,500

NW FURNITURE BANK

117 PUYALLUP AVE
TACOMA,WA98421 		  501C3 MATCHING GIFT 100

OHRA HELPS (OPPORTUNITIES FOR HOUSING RESOURCES AND ASSISTANCE)

PO BOX 1133
ASHLAND,OR97520 		  501C3 OHRA CENTER RENOVATIONS-COMPLETION 25,000

ONE ROOF FOUNDATION

10601 5TH AVE NE
SEATTLE,WA98125 		  501C3 ONE ROOF FOUNDATION NHL LEGACY PROJECT: MULTI-SPORT COURT 20,000

OREGON STATE UNIVERSITY

1500 SW JEFFERSON WAY
CORVALLIS,OR97331 		  501C3 2023 HIGH SCHOOL SCHOLARSHIPS 6,000

PACIFIC INTERNATIONAL LEAGUE

20035 SE 302ND CT
KENT,WA98042 		  501C3 2023 SEASON SUPPORT 30,000

PACIFIC LUTHERAN UNIVERSITY

12180 PARK AVENUE S
TACOMA,WA98447 		  501C3 CHENEY MERIT SCHOLARSHIPS 2023-25 60,000

PACIFIC LUTHERAN UNIVERSITY

12180 PARK AVENUE S
TACOMA,WA98447 		  501C3 2023 HIGH SCHOOL SCHOLARSHIPS 12,000

PACIFIC UNIVERSITY

2043 COLLEGE WAY
FOREST GROVE,OR97116 		  501C3 2023 HIGH SCHOOL SCHOLARSHIPS 3,000

PIERCE COLLEGE

9401 FARWEST DR SW
LAKEWOOD,WA98498 		  501C3 TRANSFER OF 2022 SCHOLARSHIP FROM PLU 1,500

PIERCE COUNTY AMATEUR RADIO COMMUNICATION SERVICES

C/O PIERCE COUNTY EMERGENCY
MANAGEMENT 2501 S 35TH ST
TACOMA,WA98409 		  501C3 SHORT-WAVE RADIO GO KITS 4,000

PRAGER UNIVERSITY

15021 VENTURA BLVD 552
SHERMAN OAKS,CA91403 		  501C3 MATCHING GIFT 100

REBUILDING TOGETHER SOUTH SOUND

4019 S ORCHARD ST
TACOMA,WA98466 		  501C3 SAFE AT HOME - HOME REPAIR & MODIFICATIONS 15,000

REDWOOD PARKS CONSERVANCY

1111 SECOND ST
CRESCENT CITY,CA95531 		  501C3 GREATER OUTDOOR ACCESS AND LEARNING PROGRAM 15,000

SAFE STREETS

714 S 27TH ST FL 1
TACOMA,WA98409 		  501C3 INCREASING COMMUNITY ENGAGEMENT FOR SAFE STREETS 10,000

SALVATION ARMY NW DIVISIONAL HEADQUARTERS

111 QUEEN ANNE AVE N 300
SEATTLE,WA98109 		  501C3 THE SALVATION ARMY GRAYS HARBOR FOOD BANK 25,000

SALVATION ARMY PUYALLUP VALLEY CORPS

BOX 73298
PUYALLUP,WA98373 		  501C3 2023 HOLIDAY GRANT PROGRAM 7,500

SALVATION ARMY TACOMA CORPS

PO BOX 1254
TACOMA,WA98401 		  501C3 2023 HOLIDAY GRANT PROGRAM 7,500

SAINT MARY'S COLLEGE OF CALIFORNIA

1928 ST MARYS RD
MORAGA,CA94575 		  501C3 2023 HIGH SCHOOL SCHOLARSHIPS 3,000

SERENITY HOUSE OF CLALLAM COUNTY

PO BOX 4047
PORT ANGELES,WA98363 		  501C3 SERENITY HOUSE SHELTER ADA SIDEWALK & RAMP 10,000

SET FREE SERVICES

132 WEST MAIN ST
MEDFORD,OR97501 		  501C3 SERVING THE NEEDY 7,500

SHANAMAN SPORTS MUSEUM

2727 E D ST
TACOMA,WA98421 		  501C3 DONATION 1,000

SOUTH BEND SCHOOL DISTRICT

PO BOX 437
SOUTH BEND,WA98586 		  SCHOOL DISTRICT SPRING SPORTS PROGRAM 2,500

SOUTH BEND SCHOOL DISTRICT

PO BOX 437
SOUTH BEND,WA98586 		  SCHOOL DISTRICT FITNESS PROJECT: SOUTH BEND JR. SR. HIGH SCHOOL 40,000

SOUTH SOUND CARE FOUNDATION

PO BOX 1314
TACOMA,WA98401 		  501C3 CAROLYN CHENEY BOARD DIRECTED GRANT 10,000

SOUTHERN OREGON FRIENDS OF HOSPICE

217 SOUTH MODOC AVE
MEDFORD,OR97504 		  501C3 CELIA'S HOUSE HVAC SYSTEM 40,000

ST JOSEPH HEALTH NORTHERN CALIFORNIA LLC (PROVIDENCE)

2700 DOLBEER STREET
EUREKA,CA95501 		  501C3 REDWOOD MEMORIAL HOSPITAL STRYKER SURGICAL TOWERS AND CAMERAS 30,000

SYMPHONY TACOMA

901 BROADWAY STE 600
TACOMA,WA98402 		  501C3 2023-24 & 2024-25 SYMPHONY SEASONS 40,000

TACOMA COMMUNITY BOAT BUILDERS

1120 EAST D STREET
TACOMA,WA98421 		  501C3 TACOMA BOAT BUILDERS CAPACITY BUILDING PROJECT 10,000

TACOMA NEIGHBORHOODS TOGETHER

6111 83RD ST E
PUYALLUP,WA98371 		  501C3 TACOMA SANTA PARADE 5,000

TACOMA PUBLIC LIBRARY FOUNDATION

1102 TACOMA AVE SOUTH
TACOMA,WA98402 		  501C3 MAIN BRANCH REMODEL - CHILDRENS LEARNING AREA 10,000

TACOMA RESCUE MISSION

PO BOX 1912
TACOMA,WA98401 		  501C3 MATCHING GIFT - BOB HALL 750

TACOMA RESCUE MISSION

PO BOX 1912
TACOMA,WA98401 		  501C3 CAROLYN CHENEY BOARD DIRECTED GRANT 10,000

TACOMA RESCUE MISSION

PO BOX 1912
TACOMA,WA98401 		  501C3 2023 HOLIDAY GRANT PROGRAM 7,500

TACOMA-PIERCE COUNTY CHAPLAINCY

PO BOX 731055
TACOMA,WA98373 		  501C3 MATCHING GIFT - ERIKA TUCCI 600

THE BENJI PROJECT

PO BOX 1487
PORT TOWNSEND,WA98368 		  501C3 EXPANDING OPERATING CAPACITY FOR MENTAL HEALTH PROGRAMMING FOR YOUTH IN JEFFERSON COUNTY 10,000

THE WHOLE HORSE PLACE (THE PLACE OF HORSES)

4764 SW OLD FOREST WAY
PORT ORCHARD,WA98367 		  501C3 GRAIN STORAGE PART 2 1,578

THE WHOLE HORSE PLACE (THE PLACE OF HORSES)

4764 SW OLD FOREST WAY
PORT ORCHARD,WA98367 		  501C3 GRAIN STORAGE 3,000

THRIVE MINISTRIES

PO BOX 2064
GIG HARBOR,WA98335 		  501C3 MATCHING GIFT - BOB HALL 500

TRAILS OUTDOOR SCHOOL

201 SOUTH MOUNTAIN AVE
ASHLAND,OR97520 		  501C3 TRAILS OUTDOOR SCHOOL PLAYGROUND 10,000

TUNNEL TO TOWERS FOUNDATION

2361 HYLAN BLVD
STATEN ISLAND,NY98335 		  501C3 MATCHING GIFT 254

TURNING POINTE SURVIVOR ADVOCACY CENTER

210 PACIFIC COURT
SHELTON,WA98584 		  501C3 COMMUNAL KITCHEN REMODEL 15,000

UNITED STATES NAVAL ACADEMY

121 BLAKE ROAD
ANNAPOLIS,MD21402 		  501C3 2023 HIGH SCHOOL SCHOLARSHIPS 3,000

UNIVERSITY OF CALIFORNIA - BERKELEY

2000 CARLETON ST
BERKELEY,CA94720 		  501C3 2023 HIGH SCHOOL SCHOLARSHIPS 3,000

UNIVERSITY OF IDAHO

709 SOUTH DEAKIN ST
MOSCOW,ID83844 		  501C3 2023 HIGH SCHOOL SCHOLARSHIPS 3,000

UNIVERSITY OF OREGON

1585 E 13TH AVE
EUGENE,OR97403 		  501C3 2023 HIGH SCHOOL SCHOLARSHIPS 3,000

UNIVERSITY OF PUGET SOUND

1500 N WARNER
TACOMA,WA98416 		  501C3 BASEBALL PROGRAM SUPPORT (BD GIFT) 2,500

UNIVERSITY OF PUGET SOUND

1500 N WARNER
TACOMA,WA98416 		  501C3 UNIVERSITY OF PUGET SOUND SYNTHETIC BASEBALL INFIELD 300,000

UNIVERSITY OF PUGET SOUND

1500 N WARNER
TACOMA,WA98416 		  501C3 2023 HIGH SCHOOL SCHOLARSHIPS 3,000

UNIVERSITY OF WASHINGTON

1410 NE CAMPUS PKWAY
SEATTLE,WA98195 		  501C3 2023 HIGH SCHOOL SCHOLARSHIPS 12,000

UNIVERSITY PLACE PARKS & RECREATION FOUNDATION

7786 40TH ST W
UNIVERSITY PLACE,WA98466 		  501C3 ALL INCLUSIVE PLAYGROUND AT CIRQUE PARK 100,000

URBAN GRACE

902 MARKET STREET
TACOMA,WA98402 		  501C3 FOOD FOR THE COMMUNITY BREAKFAST PROGRAM 10,000

UTAH STATE

OLD MAIN HILL
LOGAN,UT84322 		  501C3 2023 HIGH SCHOOL SCHOLARSHIPS 3,000

WASHINGTON STATE SENIOR GAMES

PO BOX 14547
OLYMPIA,WA98511 		  501C3 WASHINGTON STATE SENIOR GAMES 5,000

WASHINGTON STATE UNIVERSITY

255 E MAIN ST
PULLMAN,WA99164 		  501C3 2023 HIGH SCHOOL SCHOLARSHIPS 9,000

WESTERN WASHINGTON UNIVERSITY

OLD MAIN 240
BELLINGHAM,WA98225 		  501C3 2023 HIGH SCHOOL SCHOLARSHIP PROGRAM 1,500

WILLAPA COMMUNITY DEVELOPMENT ASSOCIATION

PO BOX 111
RAYMOND,WA98577 		  501C3 AMERICAN LEGION POST 150 VETERAN HOUSING AND RESOURCE CENTER 25,000

WOUNDED WARRIOR PROJECT

4899 BELFORT RD STE 300
JACKSONVILLE,FL32256 		  501C3 MATCHING GIFT - ERIKA TUCCI 412

YMCA OF PIERCE AND KITSAP COUNTIES

4717 S 19TH ST STE 201
TACOMA,WA98405 		  501C3 KIDS NIGHT 2023 30,000

YMCA OF PIERCE AND KITSAP COUNTIES

4717 S 19TH ST STE 201
TACOMA,WA98405 		  501C3 MORGAN FAMILY YMCA REBUILD 200,000

YOUNG LIFE UNIVERSITY PLACE & NORTH TACOMA

2401 S ORCHARD ST
TACOMA,WA98466 		  501C3 MATCHING GIFT - BOB HALL 1,000

YOUNG LIFE UNIVERSITY PLACE & NORTH TACOMA

2401 S ORCHARD ST
TACOMA,WA98466 		  501C3 BOB HALL - MATCHING GIFT 500

YOUTH MARINE FOUNDATION

820 EAST D STREET
TACOMA,WA98421 		  501C3 MATCHING GIFT - CAROLYN CHENEY 50
Total .................................right arrow 3a 3,098,562
bApproved for future payment
Total ................................. right arrow 3b 0
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 1,799,817  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16 77,519  
6 Net rental income or (loss) from personal property          
7 Other investment income .....     18 188,221  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 1,913,903  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aRECOVERED DISTRIBUTIONS 		      56,679  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 4,036,139 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,036,139
(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:
BEN B CHENEY FOUNDATION INC
EIN:
91-6053760
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 127,993 63,293   64,700

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

TY 2023 DepreciationSchedule
Name:
BEN B CHENEY FOUNDATION INC
EIN:
91-6053760
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
SUITE A - LAND 2004-07-01 125,000   L   0 0    
SUITE A - BUILDING 2004-07-01 684,019 340,881 SL 39.000000000000 22,035 0    
SUITE A - FURNISHINGS 2018-12-01 120,131 117,778 SL 7.000000000000 1,281 0    
OFFICE EQUIPMENT 2023-03-07 167,565 163,847 SL 5.000000000000 13,902 0    
SUITE C -LAND 2005-09-01 100,000   L   0 0    
SUITE C - BUILDING 2005-09-01 367,053 179,799 SL 39.000000000000 8,627 0    
SUITE C - LHI 2005-09-01 192,698 96,391 SL 39.000000000000 6,556 0    

TY 2023 InvestmentsCorpBondsSchedule
Name:
BEN B CHENEY FOUNDATION INC
EIN:
91-6053760
Name of Bond End of Year Book Value End of Year Fair Market Value
WELLS FARGO - CORPORATE BONDS 4,321,067 4,273,453

TY 2023 InvestmentsCorpStockSchedule
Name:
BEN B CHENEY FOUNDATION INC
EIN:
91-6053760
Name of Stock End of Year Book Value End of Year Fair Market Value
WELLS FARGO - CORPORATE STOCK 35,748,039 56,428,111

TY 2023 InvestmentsGovtObligationsSch
Name:
BEN B CHENEY FOUNDATION INC
EIN:
91-6053760
US Government Securities - End of Year Book Value:

7,446,621
US Government Securities - End of Year Fair Market Value:

7,355,889
State & Local Government Securities - End of Year Book Value:


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


0


TY 2023 InvestmentsLandSchedule2
Name:
BEN B CHENEY FOUNDATION INC
EIN:
91-6053760
Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
CHENEY TENANCY-IN-COMMON 304,563 0 304,563 506,069
CHENEY MINERAL RIGHTS 23,618 0 23,618 23,618
BUILDING (SUITE C) 334,162 156,727 177,435 477,016
LAND (SUITE C) 100,000 0 100,000 100,000
TENANT IMPROVEMENTS (SUITE C) 192,698 96,391 96,307 96,307
OTHER (SUITE C) 32,892 23,072 9,820 9,820

TY 2023 InvestmentsOtherSchedule2
Name:
BEN B CHENEY FOUNDATION INC
EIN:
91-6053760
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
WELLS FARGO, ACAP STRATEGIC, PAPEF, GRE US AT COST 16,386,042 17,236,890

TY 2023 LandEtcSchedule2
Name:
BEN B CHENEY FOUNDATION INC
EIN:
91-6053760
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
FURNITURE (SUITE A) 120,131 117,778 2,353 2,354
EQUIPMENT (SUITE A) 48,213 46,686 1,527 1,526
COMPUTERS/SOFTWARE (SUITE A) 119,352 117,160 2,192 2,192
BUILDING (SUITE A) 405,117 202,126 202,991 439,103
LAND (SUITE A) 125,000 0 125,000 125,000
TENANT IMPROVEMENTS (SUITE A) 265,940 132,288 133,652 133,652
OTHER (SUITE A) 12,962 6,467 6,495 6,495
LOAN FEES (SUITE A) 4,495 1,498 2,997 2,997


TY 2023 LegalFeesSchedule
Name:
BEN B CHENEY FOUNDATION INC
EIN:
91-6053760
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 31,337 14,003   17,334


TY 2023 OtherAssetsSchedule
Name:
BEN B CHENEY FOUNDATION INC
EIN:
91-6053760
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
INTEREST/DIVIDENDS RECEIVABLE 116,567 6,777 6,777
MISCELLANEOUS RECEIVABLES -5,212 -6,248 -6,248
GRE DISTRIBUTION RECEIVABLE 10,577 9,017 9,017
PROGRAM RELATED INVESTMENT (HABITAT) 110,609 0 81,918
GENESIS RECEIVABLE 151,829 151,829 0
PROGRAM RELATED INVESTMENT (YOUTH) 200,000 0 179,512


TY 2023 OtherDecreasesSchedule
Name:
BEN B CHENEY FOUNDATION INC
EIN:
91-6053760
Description Amount
PRIOR PERIOD ADJUSTMENT FOR PRI FUNDS 110,609


TY 2023 OtherExpensesSchedule
Name:
BEN B CHENEY FOUNDATION INC
EIN:
91-6053760
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE 17,839 5,481   12,357
DUES & SUBSCRIPTIONS 10,290 0   10,290
PHONE, INTERNET, CABLE 7,401 0   7,401
OFFICE SUPPLIES,POSTAGE & MISC 6,202 37   6,166
CAM RENTAL SUITE C 19,229 19,229   0
SUITE C MISC RENTAL 4,817 4,817   0
COMPUTER SERVICES AND SUBSCRIPTIONS 17,183 0   17,183
AMORTIZATION 450 0   450
EMPLOYEE TRAINING 7,029 0   7,029


TY 2023 OtherIncomeSchedule2
Name:
BEN B CHENEY FOUNDATION INC
EIN:
91-6053760
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ETRACS ALERIAN MLP 74,601 74,601 74,601
APOLLO PORTFOLIO INCOME 74,987 74,987 74,987
PFIC INCOME 38,488 38,488 38,488
MISCELLANEOUS INCOME (LOSS) 145 145 145
RECOVERED DISTRIBUTIONS 56,679   56,679


TY 2023 OtherLiabilitiesSchedule
Name:
BEN B CHENEY FOUNDATION INC
EIN:
91-6053760
Description Beginning of Year - Book Value End of Year - Book Value
SECURITY DEPOSIT 5,317 5,317
YMF - PRI ADDITIONAL GRANTS 200,000 0


TY 2023 OtherProfessionalFeesSchedule
Name:
BEN B CHENEY FOUNDATION INC
EIN:
91-6053760
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 275,316 275,316   0
OTHER FEES 58,710 58,710   0


TY 2023 TaxesSchedule
Name:
BEN B CHENEY FOUNDATION INC
EIN:
91-6053760
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL TAXES 32,137 0   32,137
FOREIGN EXCISE TAX 37,922 37,922   0
FEDERAL EXCISE TAX 54,152 0   0
REAL ESTATE TAXES 18,504 10,615   7,889