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
2022
Open to Public Inspection
For calendar year 2022, or tax year beginning 07-01-2022 , and ending 06-30-2023
Name of foundation
FOREST FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 1278
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
TACOMA, WA984011278
A Employer identification number

91-6020514
B Telephone number (see instructions)

(253) 272-8336
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$26,991,398J 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 21,002 21,002  
4 Dividends and interest from securities... 257,547 257,547  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -10,872
b Gross sales price for all assets on line 6a 12,516
7 Capital gain net income (from Part IV, line 2)... 655,043
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
13,077 48,178  
12 Total. Add lines 1 through 11........ 280,754 981,770  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 25,000 12,500   12,500
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
103,413 13,173   88,740
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
356,054 60,000   296,054
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
44,928 9,928   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
14,470 0   14,470
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 543,865 95,601   411,764
25 Contributions, gifts, grants paid....... 1,170,100 1,170,100
26 Total expenses and disbursements. Add lines 24 and 25 1,713,965 95,601   1,581,864
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,433,211
b Net investment income (if negative, enter -0-) 886,169
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2022)
Form 990-PF (2022)
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.............      
2 Savings and temporary cash investments......... 209,489 310,114 310,114
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..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 10,208,279 Click to see attachment
List of Attached Documents:
// Content
9,400,465 		10,669,865
c Investments—corporate bonds (attach schedule)....... 2,407,500 Click to see attachment
List of Attached Documents:
// Content
1,050,808 		924,104
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 9,769,687 Click to see attachment
List of Attached Documents:
// Content
10,775,668 		15,081,315
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
6,000 		Click to see attachment
List of Attached Documents:
// Content
6,000 		Click to see attachment
List of Attached Documents:
// Content
6,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 22,600,955 21,543,055 26,991,398
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
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........ 22,600,955 21,543,055
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)..... 22,600,955 21,543,055
30 Total liabilities and net assets/fund balances (see instructions). 22,600,955 21,543,055
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
22,600,955
2
Enter amount from Part I, line 27a .....................
2
-1,433,211
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
375,311
4
Add lines 1, 2, and 3 ..........................
4
21,543,055
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
21,543,055
Form 990-PF (2022)
Form 990-PF (2022)
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 LONG TERM DISTRIBUTION      
b PUBLICLY TRADED SECURITIES - BNY      
c PUBLICLY TRADED SECURITIES - BNY      
d INVESTMENT PARTNERSHIPS P    
e INVESTMENT PARTNERSHIPS P    
NU HOLDINGS      
WASH SALE ADJUSTMENTS      
(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       42,025
b     91,770 -91,770
c     307,261 -307,261
d       -22,430
e       1,017,009
12,516   639 11,877
      5,593
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       42,025
b       -91,770
c       -307,261
d       -22,430
e       1,017,009
      11,877
      5,593
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 2 655,043
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2022)
Form 990-PF (2022)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here 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 12,318
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 12,318
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 12,318
6 Credits/Payments:
a 2022 estimated tax payments and 2021 overpayment credited to 2022 6a 32,688
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 32,688
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2221 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 20,370
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow20,370 Refundedright arrow 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowWA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2022 or the taxable year beginning in 2022? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
Form 990-PF (2022)
Form 990-PF (2022)
Page 5
Part VI-A
Statements Regarding Activities (continued)
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
 
No
Website addressright arrowFORESTFOUND.ORG
14
The books are in care ofright arrowFIDUCIARY COUNSELLING INC Telephone no.right arrow (253) 272-8336

Located atright arrow1145 BROADWAY SUITE 1500TACOMAWA ZIP+4right arrow98402
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 2022, 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
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 2022? .............
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 2022, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2022?....................
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 2022 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 2022.) .....................
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 2022? ..
4b
 
No
Form 990-PF (2022)
Form 990-PF (2022)
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
GAIL T WEYERHAEUSER PRESIDENT, TREASURER
3.00 		25,000 0 0
PO BOX 1278
TACOMA,WA98401
BRIAN F BOYD EXECUTIVE DIRECTOR
20.00 		0 0 0
PO BOX 1278
TACOMA,WA98401
WILLIAM T WEYERHAEUSER DIRECTOR
1.00 		0 0 0
PO BOX 1278
TACOMA,WA98401
W DREW WEYERHAEUSER DIRECTOR
1.00 		0 0 0
PO BOX 1278
TACOMA,WA98401
BENJAMIN D WEYERHAEUSER VICE PRESIDENT
1.00 		0 0 0
PO BOX 1278
TACOMA,WA98401
JOHN KEOLKER SECRETARY
1.00 		0 0 0
PO BOX 1278
TACOMA,WA98401
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...................right arrow 0
Form 990-PF (2022)
Form 990-PF (2022)
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
GRANTMAKER CONSULTANTS INC GRANTMAKING 295,999
1250 PACIFIC AVENUE SUITE 870
TACOMA,WA98402
FIDUCIARY COUNSELLING INC ACCTG, TAX, & INVEST 101,953
P O BOX 1278
TACOMA,WA98401
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 (2022)
Form 990-PF (2022)
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
13,202,287
b
Average of monthly cash balances.......................
1b
981,998
c
Fair market value of all other assets (see instructions)................
1c
13,488,994
d
Total (add lines 1a, b, and c).........................
1d
27,673,279
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
27,673,279
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
415,099
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
27,258,180
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,362,909
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
1,362,909
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
12,318
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
12,318
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,350,591
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,350,591
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,350,591
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
1,581,864
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
1,581,864
Form 990-PF (2022)
Form 990-PF (2022)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2021 		(c)
2021 		(d)
2022
1 Distributable amount for 2022 from Part X, line 7 1,350,591
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only....... 0
b Total for prior years:20, 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2017...... 35,598
b From 2018...... 606,124
c From 2019...... 273,692
d From 2020......  
e From 2021......  
f Total of lines 3a through e ........ 915,414
4Qualifying distributions for 2022 from Part
XI, line 4: right arrow$ 1,581,864
a Applied to 2021, 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 2022 distributable amount..... 1,350,591
e Remaining amount distributed out of corpus 231,273
5 Excess distributions carryover applied to 2022. 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 1,146,687
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 2021. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2022. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2023 .......... 		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 2017 not
applied on line 5 or line 7 (see instructions) ... 		35,598
9 Excess distributions carryover to 2023.
Subtract lines 7 and 8 from line 6a ...... 		1,111,089
10 Analysis of line 9:
a Excess from 2018.... 606,124
b Excess from 2019.... 273,692
c Excess from 2020....  
d Excess from 2021....  
e Excess from 2022.... 231,273
Form 990-PF (2022)
Form 990-PF (2022)
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 2022, 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) 2022 (b) 2021 (c) 2020 (d) 2019
         
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).)
WILLIAM T WEYERHAEUSER
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:
APPLICATIONS SHOULD BE SUBMITTED ON
1250 PACIFIC AVENUE SUITE 870
TACOMA,WA98402
(253) 627-1634
bThe form in which applications should be submitted and information and materials they should include:
GO TO WWW.FORESTFOUND.ORG WEBSITE, CLICK "BEGIN APPLICATION", CLICK "APPLY", AND SUBMIT A "LETTER OF INQUIRY" THROUGH THE ONLINE APPLICATION PROCESS.
cAny submission deadlines:
GO TO WEBSITE, CLICK "GUIDELINES" LINK, THEN CLICK "APPLICATION TIMELINE" LINK
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
SEE ATTACHED "FOREST FOUNDATION MISSION & OTHER FOUNDATION DETAILS"
Form 990-PF (2022)
Form 990-PF (2022)
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

2ND CYCLE COMMUNITY BICYCLE SHOP

1205 MLK JR WAY
TACOMA,WA98405 		NONE PUBLIC CHARITY EARN-A-BIKE PROGRAM 4,500

A STEP AHEAD IN PIERCE COUNTY

10324 CANYON RD E SUITE 203
PUYALLUP,WA98373 		NONE PUBLIC CHARITY OPERATING SUPPORT - BOOST PROGRAM 5,000

AMARA PARENTING & ADOPTION SERVICES

3501 104TH ST E
TACOMA,WA98446 		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 8,000

AMERICAN LEADERSHIP FORUM

1119 PACIFIC AVENUE SUITE 801 PO
BOX 1914
TACOMA,WA98401 		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000

BETHEL COMMUNITY SERVICES

18020 B ST E
SPANAWAY,WA98387 		NONE PUBLIC CHARITY GERERAL OPERATING SUPPORT 5,000

BOYS AND GIRLS CLUBS OF SOUTH PUGET SOUND

3875 S 66TH STREET
TACOMA,WA98409 		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 40,000

CHAMBERS CREEK FOUNDATION

2621 70TH AVE W STE B
UNIVERSITY PLACE,WA98466 		NONE PUBLIC CHARITY CHAMBERS CREEK CANYON TRAIL COUNTERS 11,600

CHILD CARE RESOURCES

1501 PACIFIC AVE 305
TACOMA,WA98402 		NONE PUBLIC CHARITY OPERATING SUPPORT - HOMELESS CHILD CARE PROGRAM - PIERCE COUNTY 10,000

COLLEGE SUCCESS FOUNDATION

950 PACIFIC AVE SUITE 1250
TACOMA,WA98402 		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 25,000

COMMUNITY YOUTH SERVICES

711 STATE AVE NE
OLYMPIA,WA98506 		NONE PUBLIC CHARITY CONTINUUM OF CARE SERVICES FOR AT-RISK AND HOMELESS YOUTH 20,000

COMPREHENSIVE LIFE RESOURCES

1305 TACOMA AVENUE S
TACOMA,WA98402 		NONE PUBLIC CHARITY YYAH CAMPAIGN 23,500

DEGREES OF CHANGE

PO BOX 1573
TACOMA,WA98401 		NONE PUBLIC CHARITY OPERATING SUPPORT - ACT SIX LOCAL PROGRAM SUPPORT 10,000

DIABETES ASSOCIATION OF PIERCE COUNTY

PO BOX 110427
TACOMA,WA98411 		NONE PUBLIC CHARITY OPERATING SUPPORT - PANTHER DAY CAMP 1,500

EATONVILLE AREA COUNCIL

305 WEST CENTER STREET
EATONVILLE,WA98328 		NONE PUBLIC CHARITY CAPITAL - FOOD SUPPLY BUILDING 10,000

FOREVERGREEN TRAILS

243 S 55TH ST
TACOMA,WA98408 		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000

FOSS WATERWAY SEAPORT

705 DOCK ST
TACOMA,WA98402 		NONE PUBLIC CHARITY OPERATING SUPPORT - SCIENCE ON THE SEA PROGRAM 5,000

FOUNDATION FOR TACOMA STUDENTS

919 SOUTH 9TH ST
TACOMA,WA98405 		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 15,000

FULLER THEOLOGICAL SEMINARY

DEPT LA 25277
PASADENA,CA91185 		NONE PUBLIC CHARITY OPERATING SUPPORT - PRESIDENTIAL CHAIR ENDOWMENT FUND 50,000

GREENTRIKE

1501 PACIFIC AVE STE 202
TACOMA,WA98402 		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000

HILLTOP ARTISTS

PO BOX 6829
TACOMA,WA98417 		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000

MORNINGSIDE

PO BOX 7936
OLYMPIA,WA98507 		NONE PUBLIC CHARITY PIERCE COUNTY BUILDING RENOVATION 10,000

MOUNT ST HELENS INSTITUTE

42218 NE YALE BRIDGE RD
AMBOY,WA98601 		NONE PUBLIC CHARITY VOLCANO OUTDOOR SCHOOL SAFETY IMPROVEMENTS 5,000

MULTICULTURAL CHILD & FAMILY HOPE CENTER

2021 S 19TH STREET
TACOMA,WA98405 		NONE PUBLIC CHARITY FINALIZING SITE ACQUISITION FOR THE CORA WHITLEY FAMILY CENTER 25,000

MUSEUM OF GLASS

1801 DOCK STREET
TACOMA,WA98402 		NONE PUBLIC CHARITY OPERATING SUPPORT - RED HOT 15,000

MUSEUM OF GLASS

1801 DOCK STREET
TACOMA,WA98402 		NONE PUBLIC CHARITY OPERATING SUPPORT - RED HOT 100,000

MUSEUM OF GLASS

1801 DOCK STREET
TACOMA,WA98402 		NONE PUBLIC CHARITY OPERATING SUPPORT - RED HOT 70,000

NEIGHBORHOOD CLINIC

1323 S YAKIMA AVE
TACOMA,WA98405 		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000

NORTHWEST HOSPITALITY

10857 WOODCHUCK LANE SE
PORT ORCHARD,WA98367 		NONE PUBLIC CHARITY VEHICLE REPAIR FUND FOR VULNERABLE NEIGHBORS 5,000

NORTHWEST IMMIGRANT RIGHTS PROJECT

615 2ND AVE STE 400
SEATTLE,WA98104 		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 20,000

NORTHWEST SINFONIETTA

PO BOX 1154
TACOMA,WA98401 		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 15,000

NORTHWEST TREK FOUNDATION

11610 TREK DRIVE EAST
EATONVILLE,WA98328 		NONE PUBLIC CHARITY COMMISSARY SUPPLIES AND EQUIPMENT 20,000

NOURISH PIERCE COUNTY

1702 S 72ND ST STE E
TACOMA,WA98408 		NONE PUBLIC CHARITY EQUIPMENT FOR IMPROVED FOOD BANK SAFETY AND EFFICIENCY 20,000

PALMER SCHOLARS

PO BOX 7119
TACOMA,WA98417 		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 20,000

REACH MINISTRIES INC

309 SOUTH G STREET SUITE 3
TACOMA,WA98405 		NONE PUBLIC CHARITY REACH CAMP 2,000

SAINTS PANTRY FOOD BANK

PO BOX 1064
SHELTON,WA98584 		NONE PUBLIC CHARITY ELECTRIC SCISSOR LIFT 5,000

SEATTLE REPERTORY THEATRE

155 MERCER ST PO BOX 900923
SEATTLE,WA98109 		NONE PUBLIC CHARITY OPERATING SUPPORT - NEXT NARRATIVE MONOLOGUE COMPETITION: PIERCE COUNTY PROGRAMMING 3,000

SOUND OUTREACH

1106 MARTIN LUTHER KING JR WAY
TACOMA,WA98405 		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 8,000

SYMPHONY TACOMA

901 BROADWAY STE 600
TACOMA,WA98402 		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 25,000

SYMPHONY TACOMA

901 BROADWAY STE 600
TACOMA,WA98402 		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 5,000

TACOMA ART MUSEUM

1701 PACIFIC AVENUE
TACOMA,WA98402 		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 50,000

TACOMA ARTS LIVE

1001 S YAKIMA 1
TACOMA,WA98405 		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 50,000

TACOMA COMMUNITY HOUSE

1314 SOUTH L STREET
TACOMA,WA98405 		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 15,000

TACOMA OPERA ASSOCIATION

47 ST HELENS AVENUE SUITE 201
TACOMA,WA98402 		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 15,000

TACOMA PIERCE COUNTY CHAPLAINCY

PO BOX 731055
PUYALLUP,WA98373 		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000

TACOMA URBAN LEAGUE

2550 S YAKIMA AVE SUITE A
TACOMA,WA98405 		NONE PUBLIC CHARITY OPERATING - MALE INVOLVEMENT PROGRAM 20,000

TACOMA YOUTH CHORUS

4009 BRIDGEPORT WAY W - SUITE F
TACOMA,WA98464 		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000

TACOMA YOUTH SYMPHONY

901 BROADWAY SUITE 500
TACOMA,WA98402 		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 20,000

TEAMCHILD

1225 S WELLER ST STE 420
SEATTLE,WA98144 		NONE PUBLIC CHARITY TEAMCHILD PIERCE COUNTY LEGAL SERVICES 10,000

THE CENTER FOR DIALOG & RESOLUTION

717 TACOMA AVENUE SOUTH
TACOMA,WA98402 		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000

THE CENTER FOR DIALOG & RESOLUTION

717 TACOMA AVENUE SOUTH
TACOMA,WA98402 		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 10,000

THE EDGE FOUNDATION

2017 FAIRVIEW AVE E UNIT I
SEATTLE,WA98102 		NONE PUBLIC CHARITY OPERATING SUPPORT - EDGE COACHING PROGRAM FOR LOW INCOME, AT-RISK TACOMA PUBLIC SCHOOL STUDENTS 10,000

TRINITY PRESBYTERIAN CHURCH

1615 6TH AVENUE
TACOMA,WA98405 		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 5,000

TURNING POINTE DOMESTIC VIOLENCE SERVICES

210 PACIFIC COURT
SHELTON,WA98584 		NONE PUBLIC CHARITY COMMERCIAL KITCHEN REMODEL 10,000

UNITED WAY OF PIERCE COUNTY

1501 PACIFIC AVE 400
TACOMA,WA98402 		NONE PUBLIC CHARITY CAPITAL - "CREATING POSSIBILITIES TOGETHER" CENTENNIAL CAMPAIGN 30,000

UNIVERSITY OF WASHINGTON FOUNDATION

BOX 359505
SEATTLE,WA98195 		NONE PUBLIC CHARITY CAPITAL - DRESSEL SCHOLARS PROGRAM 50,000

UNIVERSITY OF WASHINGTON FOUNDATION

BOX 359505
SEATTLE,WA98195 		NONE PUBLIC CHARITY CAPITAL - DRESSEL SCHOLARS PROGRAM 100,000

VIRGINIA MASON FOUNDATION

1218 TERRY AVE PO BOX 1930 D1-MF
SEATTLE,WA98101 		NONE PUBLIC CHARITY POSTDOCTORAL FELLOWSHIP IN SYSTEMS IMMUNOLOGY AT BENAROYA RESEARCH INSTITUTE AT VIRGINIA MASON 50,000

WASHINGTON TRAILS ASSOCIATION

705 SECOND AVE STE 300
SEATTLE,WA98104 		NONE PUBLIC CHARITY OPERATING SUPPORT - INCREASING ACCESS AND REMOVING BARRIERS TO THE OUTDOORS IN PIERCE COUNTY 5,000

WRITE253

4827 S THOMPSON AVE
TACOMA,WA98408 		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 3,000

YOUR MONEY MATTERS

420 E MAIN ST
AUBURN,WA98002 		NONE PUBLIC CHARITY FINANCIAL LITERACY, EDUCATION & MENTORING FOR BIPOC STUDENTS IN UNDERRESOURCED COMMUNITIES 5,000

YWCA OF TACOMA PIERCE COUNTY

405 BROADWAY
TACOMA,WA98402 		NONE PUBLIC CHARITY GENERAL OPERATING SUPPORT 15,000
Total .................................right arrow 3a 1,170,100
bApproved for future payment

CASCADE REGIONAL BLOOD SERVICES
220 S I ST
TACOMA,WA98405 		NONE PUBLIC CHARITY BLOODMOBILE CAMPAIGN 10,000

EMERGENCY FOOD NETWORK
3318 92ND ST S
LAKEWOOD,WA98499 		NONE PUBLIC CHARITY BUILDING FOR THE FUTURE CAPITAL CAMPAIGN 25,000

FRIENDS OF LAKEWOLD DBA LAKEWOLD GARDENS
PO BOX 39780
LAKEWOOD,WA98496 		NONE PUBLIC CHARITY LAKEWOLD GARDENS CARRIAGE HOUSE REHABILITATION AND ACCESSIBILITY IMPROVEMENTS 25,000

FRIENDS OF LAKEWOLD DBA LAKEWOLD GARDENS
PO BOX 39780
LAKEWOOD,WA98496 		NONE PUBLIC CHARITY CY 2023 GENERAL OPERATING SUPPORT 10,000

GRAND TACOMA CINE CLUB
606 FAWCETT AVE
TACOMA,WA98402 		NONE PUBLIC CHARITY PURCHASE OF MERLINO ARTS CENTER BUILDING 40,000

OLYMPIA FILM SOCIETY
206 5TH AVENUE SE
OLYYMPIA,WA98501 		NONE PUBLIC CHARITY OLYMPIA FILM SOCIETY'S CAPITOL THEATER EXTERIOR PROJECT - CAPITAL IMPROVEMENT 10,000

SEATTLE OPERA
363 MERCER STREET
SEATTLE,WA98109 		NONE PUBLIC CHARITY DER RING DES NIBELUNGEN SUPPORT IN HONOR AND MEMORY OF ANNETTE B. WEYERHAEUSER 100,000

TACOMA ART MUSEUM
1701 PACIFIC AVENUE
TACOMA,WA98402 		NONE PUBLIC CHARITY IMAGINE MORE CAPITAL CAMPAIGN 50,000

THE COFFEE OASIS
837 4TH ST
BREMERTON,WA98337 		NONE PUBLIC CHARITY 2022 - KITSAP YOUTH CENTER IMPROVEMENT CAMPAIGN 10,000
Total ................................. right arrow 3b 280,000
Form 990-PF (2022)
Form 990-PF (2022)
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 ........... 		    14 21,002  
4 Dividends and interest from securities ....     14 257,547  
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 -10,872  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aFEDERAL EXCISE TAX 		    01 13,077  
bFEDERAL UBTI TAX     01 0  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 280,754 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
280,754
(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 (2022)
Form 990-PF (2022)
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 (2022)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2022 AccountingFeesSchedule
Name:
FOREST FOUNDATION
EIN:
91-6020514
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING AND TAX FEES 101,953 11,713   88,740
TAX PREPARATION FEES (CBIZ) 1,460 1,460   0

TY 2022 InvestmentsCorpBondsSchedule
Name:
FOREST FOUNDATION
EIN:
91-6020514
Name of Bond End of Year Book Value End of Year Fair Market Value
BNY MELLON - FIXED INCOME SECURITIES 1,050,808 924,104

TY 2022 InvestmentsCorpStockSchedule
Name:
FOREST FOUNDATION
EIN:
91-6020514
Name of Stock End of Year Book Value End of Year Fair Market Value
BNY MELLON - SECURITIES (EQUITY) 9,373,969 10,640,950
BNY MELLON - PREFERRED SECURITIES 26,496 28,915

TY 2022 InvestmentsOtherSchedule2
Name:
FOREST FOUNDATION
EIN:
91-6020514
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
CTCAI FDN AT COST 4,454,689 5,955,370
BNY MELLON - OTHER PARTNERSHIPS (PRIVATE EQUITY) AT COST 4,175,404 6,141,723
BNY MELLON - AIP AND GAP PARTNERSHIPS AT COST 922,884 1,582,726
BNY MELLON - CASH EQUIVALENTS AT COST 11,096 11,047
BNY MELLON - REAL ESTATE AT COST 697,551 876,405
BNY MELLON - CASH AT COST 514,044 514,044

TY 2022 OtherAssetsSchedule
Name:
FOREST FOUNDATION
EIN:
91-6020514
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
ANTOINE PIERINI GLASS ARTWORK 6,000 6,000 6,000


TY 2022 OtherExpensesSchedule
Name:
FOREST FOUNDATION
EIN:
91-6020514
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MEMB. FEE - PHILANTHROPY NW 4,500 0   4,500
STATE FILING FEES 117 0   117
GRANTMAKING SOFTWARE LICENSE 3,723 0   3,723
INSURANCE PREMIUMS 6,130 0   6,130


TY 2022 OtherIncomeSchedule2
Name:
FOREST FOUNDATION
EIN:
91-6020514
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
INVESTMENT PARTNERSHIPS   48,178  
FEDERAL EXCISE TAX 13,077   13,077


TY 2022 OtherIncreasesSchedule
Name:
FOREST FOUNDATION
EIN:
91-6020514
Description Amount
BOOK BASIS ADJUSTMENT 362,809
CASH RECEIVED FROM PRIOR CUSTODIAN 12,501
ROUNDING 1


TY 2022 OtherProfessionalFeesSchedule
Name:
FOREST FOUNDATION
EIN:
91-6020514
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
GRANTMAKER CONSULTANTS, INC. 296,054 0   296,054
INVESTMENT ADVISOR FEES 59,895 59,895   0
AUDIT FEES 105 105   0


TY 2022 TaxesSchedule
Name:
FOREST FOUNDATION
EIN:
91-6020514
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAX 35,000 0   0
FOREIGN TAXES 9,788 9,788   0
STATE TAX (CA) 140 140   0