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
STOLTE FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)217 1ST AVE S BOX 4339
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SEATTLE, WA98194
A Employer identification number

47-1545801
B Telephone number (see instructions)

(206) 453-0444
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$66,887,898J Accounting method:
Modified Cash
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 9,943,716
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,120,270 1,079,814  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -28,076
b Gross sales price for all assets on line 6a 29,034,908
7 Capital gain net income (from Part IV, line 2)... 9,780,567
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
3,326 -9,657  
12 Total. Add lines 1 through 11........ 11,039,236 10,850,724  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 119,734 0   119,734
14 Other employee salaries and wages...... 307,955 0   307,955
15 Pension plans, employee benefits....... 101,004 0   151,504
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
18,143 0   18,143
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
39,163 39,163   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
16 3,383   0
19 Depreciation (attach schedule) and depletion... 29,427 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 10,176 0   10,176
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
449,764 204,546   303,391
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,075,382 247,092   910,903
25 Contributions, gifts, grants paid....... 7,922,468 7,922,468
26 Total expenses and disbursements. Add lines 24 and 25 8,997,850 247,092   8,833,371
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,041,386
b Net investment income (if negative, enter -0-) 10,603,632
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 17,866 32,780 32,780
2 Savings and temporary cash investments......... 1,781,362 1,406,700 1,406,700
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) 2,866,600 Click to see attachment
List of Attached Documents:
// Content
6,301,972 		6,301,972
b Investments—corporate stock (attach schedule)....... 36,838,313 Click to see attachment
List of Attached Documents:
// Content
42,070,848 		42,070,848
c Investments—corporate bonds (attach schedule)....... 4,972,682 Click to see attachment
List of Attached Documents:
// Content
4,887,866 		4,887,866
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).......... 7,763,754 Click to see attachment
List of Attached Documents:
// Content
7,058,731 		7,058,731
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
3,668,000 		Click to see attachment
List of Attached Documents:
// Content
5,129,001 		Click to see attachment
List of Attached Documents:
// Content
5,129,001
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 57,908,577 66,887,898 66,887,898
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons 1,000 1,000
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
1,647 		Click to see attachment
List of Attached Documents:
// Content
1,256
23 Total liabilities (add lines 17 through 22)......... 2,647 2,256
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 57,905,930 66,885,642
29 Total net assets or fund balances (see instructions)..... 57,905,930 66,885,642
30 Total liabilities and net assets/fund balances (see instructions). 57,908,577 66,887,898
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
57,905,930
2
Enter amount from Part I, line 27a .....................
2
2,041,386
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
6,938,326
4
Add lines 1, 2, and 3 ..........................
4
66,885,642
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
66,885,642
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 CAPITAL GAIN DISTRIBUTIONS P    
b CAPITAL GAIN FROM LLCS P    
c CAPITAL LOSS ON WHITEHORSE LIQUIDATION P    
d PUBLICLY TRADED SECURITIES P    
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 17,245     17,245
b     52,318 -52,318
c 46,280   100,000 -53,720
d 28,971,383   19,102,023 9,869,360
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       17,245
b       -52,318
c       -53,720
d       9,869,360
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 9,780,567
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) 1 147,390
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........................... 3 147,390
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- ..... 5 147,390
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 159,854
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 10,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 169,854
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
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 22,464
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow22,464 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
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.STOLTEFAMILYFOUNDATION.ORG
14
The books are in care ofright arrowDELOITTE TAX LLP Telephone no.right arrow (206) 716-7000

Located atright arrow1015 2ND AVE STE 500SEATTLEWA ZIP+4right arrow981041001
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)
Yes
 
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
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
HEIDI STOLTE DIRECTOR, PRESIDENT
12.00 		0 0 0
217 1ST AVE S BOX 4339
SEATTLE,WA98194
CHRISTOPHER STOLTE DIRECTOR, SECRETARY, TREASURER
12.00 		0 0 0
217 1ST AVE S BOX 4339
SEATTLE,WA98194
KIM WRIGHT DIRECTOR
19.00 		119,734 11,973 0
217 1ST AVE S BOX 4339
SEATTLE,WA98194
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
BRIANNA JACKSON EDUCATION PROGRAM OF
35.00 		154,086 15,409 0
217 1ST AVE S BOX 4339
SEATTLE,WA98194
KAREN LAUGHLIN CLIMATE PROGRAM DIRE
21.00 		113,141 11,314 0
217 1ST AVE S BOX 4339
SEATTLE,WA98194
WHITNEY HOWE OPERATIONS AND GRANT
16.00 		40,728 4,073 0
217 1ST AVE S BOX 4339
SEATTLE,WA98194
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
FIRST REPUBLIC BANK FINANCIAL 181,738
111 PINE STREET
SAN FRANCISCO,CA94111
MATHEMATICA CONSULTING 60,000
2101 4TH AVE
SEATTLE,WA98121
ASPECT RESEARCH AND EVALUATION LLC RESEARCH 54,000
5730 37TH AVE NE
SEATTLE,WA98105
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 PRIME COALITION IS A 501(C)(3) PUBLIC CHARITY THAT PARTNERS WITH MISSION-ALIGNED INVESTORS TO SUPPORT EXTRAORDINARY COMPANIES THAT COMBAT CLIMATE CHANGE, HAVE A HIGH LIKELIHOOD OF ACHIEVING COMMERCIAL SUCCESS, AND WOULD OTHERWISE HAVE A DIFFICULT TIME RAISING ADEQUATE FINANCIAL SUPPORT TO SCALE. THE FOUNDATION INVESTED AN ADDITIONAL $1,332,000 DURING THE CALENDAR YEAR. ITS TOTAL INVESTMENT AS OF 12/31/2023 IS $5,000,000. 1,332,000
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow1,332,000
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
49,154,154
b
Average of monthly cash balances.......................
1b
2,934,268
c
Fair market value of all other assets (see instructions)................
1c
7,411,243
d
Total (add lines 1a, b, and c).........................
1d
59,499,665
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
59,499,665
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
892,495
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
58,607,170
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,930,359
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
2,930,359
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
147,390
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
147,390
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,782,969
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
2,782,969
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
2,782,969
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
8,833,371
b
Program-related investments—total from Part VIII-B..................
1b
1,332,000
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
10,165,371
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 2,782,969
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020...... 3,639,396
d From 2021...... 6,875,694
e From 2022...... 7,452,723
f Total of lines 3a through e ........ 17,967,813
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 10,165,371
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		Click to see attachment
List of Attached Documents:
// Content
0
d Applied to 2023 distributable amount..... 2,782,969
e Remaining amount distributed out of corpus 7,382,402
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 25,350,215
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		9,943,716
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 ...... 		15,406,499
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021.... 571,374
d Excess from 2022.... 7,452,723
e Excess from 2023.... 7,382,402
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).)
HEIDI STOLTE
CHRISTOPHER STOLTE
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 email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
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

AFRICAN COMMUNITY HOUSING & DEVELOPMENT

16258 MILITARY ROAD SUITE 206
SEATAC,WA98188 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 1,875

AFRICAN COMMUNITY HOUSING & DEVELOPMENT

16258 MILITARY ROAD SUITE 206
SEATAC,WA98188 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 300

AFRICAN COMMUNITY HOUSING & DEVELOPMENT

16258 MILITARY ROAD SUITE 206
SEATAC,WA98188 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 1,500

ARTSWEST

4711 CALIFORNIA AVE SW
SEATTLE,WA98116 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 150

ASIA PACIFIC CULTURAL CENTER

4851 SOUTH TACOMA WAY
TACOMA,WA98409 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 140,000

BAY AREA COMMUNITY SERVICES INC

390 40TH STREET
OAKLAND,CA946092633 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 10,500

BELONG PARTNERS

3250 AIRPORT WAY SOUTH SUITE 225
SEATTLE,WA98134 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 52,500

BUILDING CHANGES

PACIFIC TOWER 1200 12TH AVE S 1200
SEATTLE,WA98144 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50,000

BYRD BARR PLACE

722 18TH AVENUE
SEATTLE,WA98122 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 300

CASCADIA CLEANTECH PRIZE

1301 5TH AVENUE SUITE 1500
SEATTLE,WA981012632 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 100,000

CENTER FOR SUSTAINABLE INFRASTRUCTURE

120 STATE AVE NE 303
OLYMPIA,WA98501 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50,000

CHILD CARE AWARE OF WASHINGTON

1001 PACIFIC AVENUE SUITE 400
TACOMA,WA98402 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 150,000

CITIZENS UTILITY BOARD OF MICHIGAN

921 N WASHINGTON AVE
LANSING,MI48906 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 100,000

CLEAN ENERGY TRANSITION INSTITUTE

5721 16TH AVENUE NE
SEATTLE,WA981052518 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 80,000

CLIMATE SOLUTIONS - SEATTLE

1402 3RD AVENUE SUITE 1200
SEATTLE,WA98101 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 700,000

CLIMATE SOLUTIONS - SEATTLE

1402 3RD AVENUE SUITE 1200
SEATTLE,WA98101 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 240,000

COMMUNITY CENTER FOR EDUCATION RESULTS

1200 12TH AVENUE SOUTH SUITE 701
SEATTLE,WA981442799 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 469,128

COMMUNITY NETWORK COUNCIL

1819 CENTRAL AVENUE SOUTH SUITE 72
KENT,WA98032 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 150,000

DELRIDGE NEIGHBORHOODS DEVELOPMENT ASSOCIATION

4408 DELRIDGE WAY SW
SEATTLE,WA98106 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 2,175

EARTHGEN

4649 SUNNYSIDE AVENUE NORTH SUITE
303
SEATTLE,WA981036955 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50,000

ECOLOGY CENTER INC

339 E LIBERTY ST SUITE 300
ANN ARBOR,MI48104 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 40,000

ECONOMIC OPPORTUNITY INSTITUTE

601 STEWART STREET SUITE 715
SEATTLE,WA98101 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 5,000

EL CENTRO DE LA RAZA

2524 16TH AVENUE SOUTH
SEATTLE,WA98144 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 375

EVERGREEN COLLABORATIVE

PO BOX 21961
SEATTLE,WA981113961 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 155,000

EVERGREEN COLLABORATIVE

PO BOX 21961
SEATTLE,WA981113961 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 200,000

FAIR WORK CENTER

116 WARREN AVE N SUITE A
SEATTLE,WA98109 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 25,000

FORTH MOBILITY FUND

2035 NW FRONT AVE SUITE 101
PORTLAND,OR97209 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 40,000

FORTH MOBILITY FUND

2035 NW FRONT AVE SUITE 101
PORTLAND,OR97209 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50,000

FRONT AND CENTERED

1501 EAST MADISON STREET SUITE 250
SEATTLE,WA98122 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 40,000

FUSE INNOVATION FUND

PO BOX 4897
SEATTLE,WA98194 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 90,000

FUTUREWISE

1201 3RD AVE 2200
SEATTLE,WA98101 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50,000

FUTUREWISE

1201 3RD AVE 2200
SEATTLE,WA98101 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50,000

GREENTRIKE

1501 PACIFIC AVENUE SUITE 202
TACOMA,WA98402 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 100,000

GRIST MAGAZINE INC

1501 E MADISON ST SUITE 650
SEATTLE,WA98122 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50,000

GRIST MAGAZINE INC

1501 E MADISON ST SUITE 650
SEATTLE,WA98122 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 100,000

HEDGEBROOK

PO BOX 1231
FREELAND,WA98249 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 375

INSTITUTE FOR ENERGY INNOVATION

115 W ALLEGAN SUITE 710
LANSING,MI48933 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 100,000

INSTITUTE FOR ENERGY INNOVATION

115 W ALLEGAN SUITE 710
LANSING,MI48933 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 100,000

INSTITUTE FOR WASHINGTON'S FUTURE

2720 VALENCIA STREET
BELLINGHAM,WA98226 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50,000

LATINO COMMUNITY FUND OF WASHINGTON STATE

PO BOX 28334
SEATTLE,WA98118 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 125,000

LATINO COMMUNITY FUND OF WASHINGTON STATE

POST OFFICE BOX 30669
SEATTLE,WA98103 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50,000

LEAGUE OF CONSERVATION VOTERS EDUCATION FUND

740 15TH STREET NW SUITE 700
WASHINGTON,DC20005 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 200,000

LEAGUE OF EDUCATION VOTERS FOUNDATION

2734 WESTLAKE AVE N
SEATTLE,WA98109 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 5,000

MAPLE VALLEY LACROSSE CLUB

PO BOX 326
MAPLE VALLEY,WA98038 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 155

MICHIGAN ENVIRONMENTAL JUSTICE COALITION

2701 BAGLEY ST
DETROIT,MI48216 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 100,000

MICHIGAN LEAGUE OF CONSERVATION VOTERS EDUCATION FUND

3029 MILLER ROAD
ANN ARBOR,MI48103 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50,000

MICHIGAN LEAGUE OF CONSERVATION VOTERS EDUCATION FUND

3029 MILLER ROAD
ANN ARBOR,MI48103 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 100,000

MULTICULTURAL CHILD AND FAMILY HOPE CENTER

2021 S 19TH ST
TACOMA,WA98405 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 75,000

NW ENERGY COALITION

811 1ST AVE SUITE 305
SEATTLE,WA98104 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50,000

ONEAMERICA

1225 S WELLER STREET SUITE 430
SEATTLE,WA98144 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 75,000

OPEN DOORS FOR MULTICULTURAL FAMILIES

24437 RUSSELL ROAD SUITE 110
KENT,WA980321786 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 140,000

OREGON ENVIRONMENTAL COUNCIL (OEC)

PO BOX 14822
PORTLAND,OR97293 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 60,000

PARA LOS NIOS

15220 6TH AVE SW
BURIEN,WA98166 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 140,000

PARA LOS NIOS

15220 6TH AVE SW
BURIEN,WA98166 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 1,800

PROGRAM FOR EARLY PARENT SUPPORT (PEPS)

4649 SUNNYSIDE AVENUE NORTH SUITE
324
SEATTLE,WA981036952 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 65,000

RURAL PEOPLE'S PLATFORM

PO BOX 1452
WINTHROP,WA98862 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50,000

RVC SEATTLE

3715 S HUDSON STREET SUITE 103
SEATTLE,WA98118 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 135,000

SIGHTLINE INSTITUTE

1402 3RD AVENUE SUITE 500
SEATTLE,WA98101 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50,000

SOULARDARITY

21 HIGHLAND ST
HIGHLAND PARK,MI48203 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50,000

SOUTHEAST SEATTLE EDUCATION COALITION

3829B SOUTH EDMUNDS STREET BOX 9
SEATTLE,WA981181729 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 135,000

SPARK NORTHWEST

1402 3RD AVENUE SUITE 901
SEATTLE,WA98101 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 25,000

START EARLY

33 WEST MONROE STREET SUITE 1200
CHICAGO,IL60603 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 150,000

THE GOOD PEOPLE FUND

384 WYOMING AVENUE
MILLBURN,NJ07041 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 300

THE NATURE CONSERVANCY

4245 NORTH FAIRFAX DRIVE SUITE 100
ARLINGTON,VA22203 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 185,000

THE NATURE CONSERVANCY

4245 NORTH FAIRFAX DRIVE SUITE 100
ARLINGTON,VA22203 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 150,000

THE SEATTLE FOUNDATION

1601 5TH AVENUE SUITE 1900
SEATTLE,WA98101 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 5,000

THE SEATTLE FOUNDATION

1601 5TH AVENUE SUITE 1900
SEATTLE,WA98101 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 375

TRANSITIONAL RESOURCES

2970 SW AVALON WAY
SEATTLE,WA98126 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 285

TRANSPORTATION CHOICES COALITION

1402 3RD AVE SUITE 310
SEATTLE,WA98101 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 75,000

UNITED WAY OF KING COUNTY

720 2ND AVENUE
SEATTLE,WA981041702 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 650,000

UNIVERSITY OF WASHINGTON FOUNDATION

BOX 355055
SEATTLE,WA98195 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 25,000

UNIVERSITY OF WASHINGTON FOUNDATION

BOX 355055
SEATTLE,WA98195 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 75,000

VOICES OF TOMORROW

15811 AMBAUM BLVD SW SUITE 170
BURIEN,WA98166 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 135,000

VOTE SOLAR

2201 BROADWAY FOURTH FLOOR
OAKLAND,CA94612 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50,000

WASHINGTON ALLIANCE FOR BETTER SCHOOLS

18560 1ST AVE NE
SHORELINE,WA98155 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 100,000

WASHINGTON COMMUNITY ACTION NETWORK EDUCATION & RESEARCH FUND (WA CAN ERF)

1806 E YESLER WAY
SEATTLE,WA98122 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50,000

WASHINGTON CONSERVATION ACTION EDUCATION FUND

1402 THIRD AVE SUITE 1400
SEATTLE,WA98101 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 100,000

WASHINGTON PROGRESS FUND

1511 3RD AVENUE SUITE 300
SEATTLE,WA98101 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 150,000

WASHINGTON STATE BUDGET AND POLICY CENTER

1402 3RD AVENUE SUITE 1215
SEATTLE,WA981012118 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 25,000

WASHINGTON STATE FAMILY AND COMMUNITY ENGAGEMENT TRUST

7500 212TH ST SW
EDMONDS,WA98026 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 100,000

WINDWARD FUND

1201 CONNECTICUT AVENUE NW SUITE
300
WASHINGTON,DC200362656 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 175,000

WINDWARD FUND

1201 CONNECTICUT AVENUE NW SUITE
300
WASHINGTON,DC200362656 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 60,000

WINDWARD FUND

1201 CONNECTICUT AVENUE NW SUITE
300
WASHINGTON,DC200362656 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 100,000

WINDWARD FUND

1201 CONNECTICUT AVENUE NW SUITE
300
WASHINGTON,DC200362656 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 100,000

WORLD RELIEF WESTERN WA - WORLD RELIEF CORP OF NATIONAL ASSOCIATION OF EVAN

23835 PACIFIC HIGHWAY S STE 100
KENT,WA98032 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 135,000

ZENO

3815 S OTHELLO ST STE 100 359
SEATTLE,WA98118 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50,000

ZENO

3815 S OTHELLO ST STE 100 359
SEATTLE,WA98118 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 375
Total .................................right arrow 3a 7,922,468
bApproved for future payment

CHILD CARE AWARE OF WASHINGTON
1001 PACIFIC AVENUE SUITE 400
TACOMA,WA98402 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 150,000

MULTICULTURAL CHILD AND FAMILY HOPE CENTER
2021 S 19TH ST
TACOMA,WA98405 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 75,000

ONEAMERICA
1225 S WELLER STREET SUITE 430
SEATTLE,WA98144 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 75,000

START EARLY
33 WEST MONROE STREET SUITE 1200
CHICAGO,IL60603 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 300,000

UNITED WAY OF KING COUNTY
720 2ND AVENUE
SEATTLE,WA981041702 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 1,950,000

WASHINGTON COMMUNITY ALLIANCE
PO BOX 28334
SEATTLE,WA98118 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 75,000

WASHINGTON PROGRESS FUND
1511 3RD AVENUE SUITE 300
SEATTLE,WA98101 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 50,000

WINDWARD FUND
1201 CONNECTICUT AVENUE NW SUITE
300
WASHINGTON,DC200362656 		N/A PC FUNDING FOR GENERAL CHARITABLE OPERATIONS 100,000
Total ................................. right arrow 3b 2,775,000
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 1,120,270  
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 .....     18 3,326  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 -28,076  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 1,095,520 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,095,520
(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
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
STOLTE FAMILY FOUNDATION
 
Employer identification number

47-1545801
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
STOLTE FAMILY FOUNDATION
  		Employer identification number
47-1545801
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
CHRIS AND HEIDI STOLTE
217 1ST AVE S BOX 4339
 
SEATTLE, WA98194

$ 9,943,716


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
STOLTE FAMILY FOUNDATION
  		Employer identification number

47-1545801
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 43,700 SHS SALESFORCE STOCK $ 9,943,716 2023-07-18
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
STOLTE FAMILY FOUNDATION
  		Employer identification number

47-1545801
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
STOLTE FAMILY FOUNDATION
EIN:
47-1545801
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 39,163 39,163   0

TY 2023 DistributionFromCorpusElection
Name:
STOLTE FAMILY FOUNDATION
EIN:
47-1545801
Election:
SEE ELECTION STATEMENT ATTACHED.

TY 2023 GeneralExplanationAttachment
Name:
STOLTE FAMILY FOUNDATION
EIN:
47-1545801
Identifier Return Reference Explanation
  FORM 990-PF, PART XII, LINE 7 - OUT OF CORPUS ELECTION ELECTION UNDER REGS. SECTION 53.4942(A)-3(D)(2) TO TREAT EXCESS QUALIFYING DISTRIBUTIONS AS DISTRIBUTIONS OUT OF CORPUS.PURSUANT TO INTERNAL REVENUE CODE SECTION 4942(H) AND TREASURY REGULATIONS SECTION 53.4942(A)-3(D)(2), THE TAXPAYER HEREBY ELECTS TO TREAT $9,943,716 OF QUALIFYING DISTRIBUTIONS NOT USED FOR ANY OTHER PURPOSE AS BEING MADE OUT OF CORPUS AS REPORTED ON LINE 7 OF PART XII.PURSUANT TO INTERNAL REVENUE CODE SECTION 4942(H) AND TREASURY REGULATIONS SECTIONS 53.4942(A)-3(C)(2) AND (D)(2), THE TAXPAYER HEREBY ELECTS TO SATISFY THE REQUIREMENTS OF IRC SECTION 170(B)(1)(F)(II) TO TREAT AS CURRENT DISTRIBUTION OUT OF CORPUS AN ADDITIONAL $3,639,396 FROM TAX YEAR 2020 AND $6,304,320 FROM TAX YEAR 2021 WHICH WERE PREVIOUSLY DISTRIBUTED INCOME AND NOT USED FOR ANY OTHER PURPOSE. THE TAXPAYER HEREBY ELECTS TO TREAT SUCH AMOUNT AS A DISTRIBUTION OUT OF CORPUS UNDER TREASURY REGULATIONS SECTION 53.4942(A)-3(C)(2). THE TAXPAYER IS ALLOWED TO MAKE SUCH ELECTIONS BECAUSE (1) SUCH AMOUNT WAS A QUALIFYING DISTRIBUTION BY THE PRIVATE FOUNDATION UNDER IRC SECTION 4942, (2) SUCH QUALIFYING DISTRIBUTION OCCURRED WITHIN THE PRECEDING FIVE YEARS, AND (3) SUCH QUALIFYING DISTRIBUTION WAS NOT LATER AVAILED OF FOR ANY OTHER PURPOSE. THE TAXPAYER MADE CUMULATIVE QUALIFYING DISTRIBUTIONS OUT OF CORPUS IN THE AMOUNT OF $9,943,716 WHICH IS THE AMOUNT REPORTED ON PART XII LINE 7. THIS IS AN AMOUNT EQUAL TO 100% OF ALL CONTRIBUTIONS RECEIVED BY THE TAXPAYER DURING TAX YEAR 2023. THE TAXPAYER ALSO HAS NO UNDISTRIBUTED INCOME UNDER INTERNAL REVENUE CODE SECTION 4942(A). AS SUCH, THE TAXPAYER MEETS THE REQUIREMENTS OF INTERNAL REVENUE CODE SECTION 170(B)(1)(A)(VII), 170(B)(1)(F)(II), AND 4942(H) AS A FOUNDATION QUALIFYING FOR THE INCREASED CHARITABLE CONTRIBUTION LIMITS GENERALLY AFFORDED TO PUBLIC CHARITIES.

TY 2023 InvestmentsCorpBondsSchedule
Name:
STOLTE FAMILY FOUNDATION
EIN:
47-1545801
Name of Bond End of Year Book Value End of Year Fair Market Value
AMERIPRISE FINL INC FXD RT SR NT B/E DTD CLB 2.875 % DUE 119,654 119,654
AMERISOURCEBERGEN 2.7%31 DUE 03/15/31 87,847 87,847
AMGEN INC FXD RT SR NT B/E DTD CLB 95,598 95,598
AT&T INC SR GLBL NT 4.8% 06/15/2044 91,424 91,424
BANK NEW YORK INC MEDIUM TERM SR NTS FXD RT NTS SER G 98,234 98,234
CAPITAL ONE FINL CORP FXD RT SR NT B/E DTD CLB 3.20 % 122,014 122,014
EXPRESS SCRIPTS HLDG CO GTD FXD RT SR NT B/E DTD CLB 123,564 123,564
GOLDMAN SACHS GROUP INC FXD RT SR NT B/E DTD CLB 3.85 % 48,638 48,638
HOME DEPOT INC FXD RT NOTES B/E DTD CLB 123,084 123,084
INTERNATIONAL BUSINESS MACHS CORP FXD RT SR NT B/E DTD 3 48,716 48,716
JP MORGAN CHASE & CO SR GLBL NT 4.85% 02/01/2044 49,184 49,184
MERCK & CO INC NEW FXD RT SR NT B/E DTD CLB 192,386 192,386
METLIFE INC FXD RT SR NT B/E DTD 3.60 % 99,438 99,438
MORGAN STANLEY VAR 25 DUE 10/21/25 96,068 96,068
NORTHERN TR CORP FXD RT SR NT B/E DTD CLB 94,262 94,262
NVIDIA CORP NT B/E DTD CLB 170,208 170,208
ORACLE CORP FXD RT NT B/E DTD CLB 3.40 % 49,414 49,414
PRUDENTIAL FINL INC MTNS BOOK FR 3.878% 03/27/2028 79,001 79,001
SCHWAB CHARLES CORP NEW FXD RT SR NT B/E DTD CLB 56,318 56,318
SOUTHWEST AIRLS CO FXD RT NT B/E DTD CLB 94,378 94,378
STATE STR CORP SR NT B/E DTD 3.30 % 49,185 49,185
TARGET CORP FXD RT NOTE B/E DTD CLB 96,323 96,323
THE ALLSTATE COR 0.75%25 DUE 12/15/25 193,656 193,656
VERIZON COMMUNICATIONS INC FXD RT NTS B/E DTD CL 98,484 98,484
PAX HIGH YIELD BOND FUND INSTITUTIONAL CLASS 2,416,015 2,416,015
BANK OF NOVA SCOTIA B C SR NT B/E DTD 94,773 94,773

TY 2023 InvestmentsCorpStockSchedule
Name:
STOLTE FAMILY FOUNDATION
EIN:
47-1545801
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABORATORIES 449,746 449,746
ABBVIE INC. 147,531 147,531
ACCENTURE PLC 584,967 584,967
ACUITY BRANDS, INC. 198,275 198,275
ADOBE SYSTEMS 276,822 276,822
ADVANCED DRAINAGE SYSTEM INC 36,848 36,848
ADVANCED MICRO DEVICES, INC. 276,983 276,983
AECOM 84,481 84,481
AFLAC INCORPORATED 121,028 121,028
ALEXANDRIA REAL ESTATE EQUITIES, INC. 50,074 50,074
ALPHABET INC CLASS A 1,100,059 1,100,059
AMAZON.COM, INC. 722,627 722,627
AMERICAN EXPRESS COMPANY 121,209 121,209
AMERICAN HOMES 4 RENT 29,128 29,128
AMERICOLD RLTY TR COM 6,720 6,720
AMERISOURCEBERGEN CORPORATION 58,739 58,739
AMGEN INC. 66,245 66,245
APPLE INC. 2,043,706 2,043,706
APPLIED MATERIALS INC. 71,473 71,473
APTARGROUP INC. 90,119 90,119
AUTODESK INC COM 121,740 121,740
AUTOMATIC DATA PROCESSING, INC. 148,635 148,635
AVERY DENNISON CORPORATION 67,319 67,319
AVNET, INC. 17,539 17,539
BAKER HUGHES A GE CO CL A 475,546 475,546
BALL CORPORATION 94,160 94,160
BANK OF AMERICA CORPORATION 323,939 323,939
BANK OF NEW YORK MELLON CORPORATION 117,581 117,581
BEST BUY CO., INC. 46,263 46,263
BLOCK INC CL A 62,731 62,731
BOSTON PROPERTIES, INC. 169,601 169,601
BOSTON SCIENTIFIC CORPORATION 99,549 99,549
BRIXMOR PROPERTY GROUP INC 30,321 30,321
BROADCOM INC 177,484 177,484
BROADRIDGE FINANCIAL SOLUTIONS INC. 18,518 18,518
BUNGE GLOBAL SA CMN 53,403 53,403
CARDINAL HEALTH, INC. 75,802 75,802
CATERPILLAR INC 115,311 115,311
CBRE GROUP 16,663 16,663
CBS CORP-CLASS A VOTING 14,883 14,883
CHURCH & DWIGHT CO., INC. 34,231 34,231
CIGNA CORP 86,242 86,242
CISCO SYSTEMS, INC. 247,497 247,497
CITIZENS FINANCIAL GROUP INC 48,152 48,152
COLGATE-PALMOLIVE COMPANY 138,137 138,137
COMCAST CORPORATION 168,472 168,472
CORTEVA INC COM 71,353 71,353
COUSINS PPTYS INC COM NEW 43,343 43,343
CUMMINS INC. 273,829 273,829
CVS HEALTH CORP 15,871 15,871
DANAHER CORPORATION 224,400 224,400
DARLING INGREDIENTS, INC 113,286 113,286
DECKERS OUTDOOR CO 107,617 107,617
DEERE & COMPANY 12,396 12,396
DELL TECHNOLOGIES INC - CL C 103,964 103,964
DENTSPLY SIRONA INC COM 38,544 38,544
DIGITAL REALTY TRUST INC 150,864 150,864
DOORDASH INC CL A 19,877 19,877
EASTGROUP PROPERTIES, INC. 17,253 17,253
EBAY INC. 105,386 105,386
ECOLAB INC. 294,153 294,153
EDISON INTERNATIONAL 424,508 424,508
ELEVANCE HEALTH 232,008 232,008
ELI LILLY AND COMPANY 342,757 342,757
ENPHASE ENERGY INC COM 27,617 27,617
EQUINIX, INC. 122,419 122,419
EQUITY LIFESTYLE PROPERTIES INC 27,722 27,722
ESSEX PROPERTY TRUST, INC. 43,390 43,390
ETSY INC COM 82,509 82,509
EXTRA SPACE STORAGE INC. 54,673 54,673
FEDERAL REALTY INVESTMENT TRUS CMN 62,551 62,551
FIRST SOLAR INC 78,387 78,387
FMC CORPORATION 240,220 240,220
FORTINET INC 15,979 15,979
GAMING AND LEISURE PROPERTIES INC 26,846 26,846
GENERAL DYNAMICS CORPORATION 15,321 15,321
GENERAL ELECTRIC COMPANY COM 406,246 406,246
GENERAL MILLS, INC. 56,542 56,542
GENERAL MOTORS COMPANY 107,616 107,616
GILEAD SCIENCES, INC. 121,920 121,920
GRAINGER W W INC 220,432 220,432
HASBRO INC 44,729 44,729
HEALTHCARE REALTY TRUST INC 3,394 3,394
HEALTHPEAK PPTYS INC 11,623 11,623
HENDERSON GROUP PLC REGISTERED SHS 15,286 15,286
HERSHEY CO (THE) 59,288 59,288
HEWLETT PACKARD ENTERPRISE CO COM 77,412 77,412
HONEYWELL INTERNATIONAL INC. 190,417 190,417
HOST HOTELS & RESORTS INC 33,411 33,411
HP INC COM 189,206 189,206
ILLINOIS TOOL WORKS INC. 19,122 19,122
ILLUMINA INC 69,202 69,202
INTEL CORP COM 177,031 177,031
INTERNATIONAL BUSINESS MACHINES CORPORATION 89,298 89,298
INTUIT INC 355,642 355,642
INVITATION HOMES INC 18,863 18,863
IRON MOUNTAIN INCORPORATED 28,272 28,272
JACOBS ENGINEERING GROUP INC CMN 120,325 120,325
JOHNSON & JOHNSON 340,283 340,283
JPMORGAN CHASE & CO. 196,466 196,466
KBR INC 117,580 117,580
KIMCO REALTY CORPORATION 29,259 29,259
LAS VEGAS SANDS CORP 8,759 8,759
LOCKHEED MARTIN CORPORATION 8,612 8,612
LOWES COMPANIES, INC. 6,899 6,899
LUCID GROUP INC COM 26,043 26,043
LYFT INC CL A 18,018 18,018
MANPOWERGROUP INC 17,324 17,324
MASTERCARD INCORPORATED 444,850 444,850
MCCORMICK & COMPANY, INCORPORATED 37,426 37,426
MCKESSON CORPORATION 210,193 210,193
MEDTRONIC PLC 91,771 91,771
MERCK & CO., INC 409,915 409,915
META PLATFORMS INC. 579,433 579,433
MGM RESORTS INTERNATIONAL 51,650 51,650
MICROSOFT CORPORATION 2,138,163 2,138,163
MOODYS CORP 316,354 316,354
MOTOROLA SOLUTIONS INC 48,529 48,529
NASDAQ INC 42,268 42,268
NATIONAL STORAGE AFFILIATES TR COM SHS BEN INT 5,059 5,059
NET LEASE OFFICE PROPERTIES CMN 296 296
NETFLIX, INC. 108,574 108,574
NIKE INC CL B 87,290 87,290
NORTHROP GRUMMAN CORPORATION 84,733 84,733
NORTONLIFELOCK INC 15,312 15,312
NVIDIA CORP 1,083,541 1,083,541
OKTA INC CL A 13,489 13,489
OMEGA HEALTHCARE INVESTORS, INC. 7,236 7,236
OMNICOM CAPITAL INC 64,536 64,536
ONEOK INC. 31,529 31,529
PAYPAL HLDGS INC COM 36,478 36,478
PEPSICO, INC. 47,046 47,046
PFIZER INC. 115,649 115,649
PNC FINANCIAL SERVICES GROUP INC 129,455 129,455
PRINCIPAL FINANCIAL GROUP 64,588 64,588
PROLOGIS INC. 352,845 352,845
PRUDENTIAL FINANCIAL, INC. 275,661 275,661
PUBLIC STORAGE 86,010 86,010
QUALCOMM INC 112,233 112,233
RAYTHEON TECHNOLOGIES CORP 50,316 50,316
REALTY INCOME CORPORATION 62,473 62,473
REGENCY CENTERS 37,051 37,051
REGENERON PHARMACEUTICALS, INC. 50,063 50,063
REXFORD INDUSTRIAL REALTY, INC. 35,287 35,287
S&P GLOBAL INC COM 280,611 280,611
SALESFORCE.COM, INC. 351,029 351,029
SERVICENOW INC 296,019 296,019
SIMON PROPERTY GROUP INC 106,695 106,695
SL GREEN REALTY CORP. COM USD0 9,260 9,260
SOLAREDGE TECHNOLOGIES INC 91,728 91,728
SPLUNK INC 8,989 8,989
STARBUCKS CORP COM 59,526 59,526
STATE STREET CORPORATION 4,338 4,338
STRYKER CORP 38,630 38,630
SUN COMMUNITIES, INC. 12,563 12,563
SUNRUN INCORPORATED 155,980 155,980
SYSCO CORPORATION 124,979 124,979
TARGET CORP COM 155,523 155,523
TECHNIPFMC LIMITED 71,739 71,739
TESLA INC 327,994 327,994
THE ALLSTATE CORPORATION 9,239 9,239
THE BOEING COMPANY 88,103 88,103
THE CHARLES SCHWAB CORPORATION 23,942 23,942
THE CLOROX COMPANY 12,120 12,120
THE COCA-COLA COMPANY 431,309 431,309
THE HARTFORD FINANCIAL SERVICES GROUP, INC. 616,836 616,836
THE HOME DEPOT, INC. 108,817 108,817
THE INTERPUBLIC GROUP OF COMPANIES, INC. 29,833 29,833
THE KROGER CO. 79,535 79,535
THE PROCTER & GAMBLE COMPANY 369,867 369,867
THE PROGRESSIVE CORPORATION 57,182 57,182
THE SHERWIN-WILLIAMS COMPANY 422,624 422,624
THE TJX COMPANIES INC. 171,672 171,672
THERMO FISHER SCIENTIFIC INC 106,689 106,689
TRACTOR SUPPLY CO 19,353 19,353
TRAVELERS COMPANIES, INC. 45,527 45,527
UBER TECHNOLOGIES INC 112,858 112,858
UDR INC 39,209 39,209
UNITED HEALTH GROUP INCORPORATED 408,014 408,014
UNIVERSAL DISPLAY 83,007 83,007
VALERO ENERGY CORPORATION 15,080 15,080
VENTAS INC. 37,530 37,530
VERALTO CORP COM 329 329
VERIZON COMMUNICATIONS INC. 201,997 201,997
VERTEX PHARMACEUTICALS INCORPORATED 87,481 87,481
VICI PPTYS INC COM 49,350 49,350
VISA INC 613,905 613,905
VORNADO REALTY TRUST 87,490 87,490
WAL-MART STORES, INC. 39,885 39,885
WALGREENS BOOTS ALLIANCE, INC. 16,005 16,005
WEATHERFORD INTL PLC ORD SHS NEW 20,153 20,153
WELLS FARGO & COMPANY 17,375 17,375
WELLTOWER INC 71,324 71,324
WEYERHAEUSER COMPANY 227,500 227,500
WILLIAMS-SONOMA, INC. 98,065 98,065
WORKDAY INC 82,542 82,542
XYLEM, INC. 249,534 249,534
YUM BRANDS INC 246,425 246,425
ZOETIS INC. 15,395 15,395
COMMUNITY HEALTHCARE TR INC COM 2,238 2,238
DIAMONDROCK HOSPITALITY CO COM 2,554 2,554
EQUITY COMWLTH COM SH BEN INT 5,568 5,568
FOUR CORNERS PPTY TR INC COM 1,771 1,771
HUDSON PAC PPTYS INC COM 74,322 74,322
ISHARES CORE S&P SMALL-CAP ETF 2,565,525 2,565,525
JBG SMITH PPTYS COM 17,656 17,656
KB HOME 403,179 403,179
LEXINGTON REALTY TRUST 6,349 6,349
MACK-CALI REALTY CORPORATION 2,108 2,108
ORMAT TECHNOLOGIES 275,572 275,572
PARAMOUNT GROUP INC 20,566 20,566
PEBBLEBROOK HOTEL TRUST 1,566 1,566
PHYSICIANS RLTY TR 16,491 16,491
SITE CTRS CORP COM NEW 9,827 9,827
SUNPOWER CORPORATION 5,347 5,347
TANGER FACTORY OUTLET CENTERS INC COM 9,647 9,647
TERRENO REALTY COR 2,068 2,068
THE MACERICH COMPANY 3,888 3,888
UNIVERSAL HLTH RLT 5,579 5,579
URBAN EDGE PROPERTIES 2,708 2,708
DOMINI IMPACT INTERNATIONAL EQUITY FUND INSTITUTIONAL CLASS 1,470,582 1,470,582
ISHARES TR MSCI EAFE ESG OPTIMIZED ETF 2,001,810 2,001,810
CALVERT EMERGING MARKETS 979,696 979,696
AVALONBAY COMMUNITIES, INC. 265,291 265,291
EMPIRE ST RLTY TR INC CL A 12,636 12,636
EQUITY RESIDENTIAL PROPERTIES TRUST 57,123 57,123
KILROY REALTY CORPORATION 248,960 248,960
MID-AMERICA APARTMENT COMMUNITIES, INC. 14,253 14,253
STAG INDUSTRIAL, INC. 6,360 6,360
W. P. CAREY INC 16,462 16,462
VANGUARD SHORT-TERM INVESTMENT-GRADE FUND ADMIRAL SHARES 2,043,956 2,043,956
VANGUARD ULTRA- SHORT-TERM BOND FUND ADMIRAL CLASS 603,122 603,122

TY 2023 InvestmentsGovtObligationsSch
Name:
STOLTE FAMILY FOUNDATION
EIN:
47-1545801
US Government Securities - End of Year Book Value:

6,301,972
US Government Securities - End of Year Fair Market Value:

6,301,972
State & Local Government Securities - End of Year Book Value:


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


0


TY 2023 InvestmentsOtherSchedule2
Name:
STOLTE FAMILY FOUNDATION
EIN:
47-1545801
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
AXIOM LEARNING LLC FMV 171,000 171,000
WESTCLIFF HOLDINGS LLC FMV 302,188 302,188
BRIDGE MULTIFAMILY IV ASP FUND FMV 2,057,013 2,057,013
RIVERSIDE CAPITAL APPRECIATION VII ASP FUND FMV 855,454 855,454
STRATEGIC PARTNERS VII ASP FUND FMV 2,724,373 2,724,373
KKR EUROP V ASP FUND FMV 948,703 948,703

TY 2023 LegalFeesSchedule
Name:
STOLTE FAMILY FOUNDATION
EIN:
47-1545801
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 18,143 0   18,143


TY 2023 OtherAssetsSchedule
Name:
STOLTE FAMILY FOUNDATION
EIN:
47-1545801
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
PROGRAM RELATED INVESTMENTS 3,668,000 5,000,000 5,000,000
PREPAID FEDERAL TAXES   129,001 129,001


TY 2023 OtherExpensesSchedule
Name:
STOLTE FAMILY FOUNDATION
EIN:
47-1545801
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ADMINISTRATION/ OFFICE EXPENSE 2,064 0   2,064
COMMUNICATIONS EXPENSE 73,605 0   73,605
PHILANTHROPIC CONSULTING FEES 134,974 0   134,974
DUES & SUBSCRIPTIONS 11,724 0   11,724
INVESTMENT ADVISOR FEES 142,722 143,126   0
INSURANCE 6,892 1,500   5,392
OTHER DEDUCTIONS FROM LLCS 0 59,920   0
GRANT ADMIN FEES 39,016 0   39,016
TECHNOLOGY 11,581 0   11,581
EDUCATION AND TRAINING 1,887 0   1,887
MEALS AND ENTERTAINMENT 4,263 0   2,131
EDUCATION COHORT STIPENDS 13,500 0   13,500
OTHER EVENTS 5,082 0   5,082
GRANTEE EVENTS 2,435 0   2,435
OTHER DEDUCTIONS 19 0   0


TY 2023 OtherIncomeSchedule2
Name:
STOLTE FAMILY FOUNDATION
EIN:
47-1545801
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER PORTFOLIO INCOME 3,326 -9,657 3,326


TY 2023 OtherIncreasesSchedule
Name:
STOLTE FAMILY FOUNDATION
EIN:
47-1545801
Description Amount
UNREALIZED GAIN 6,938,326


TY 2023 OtherLiabilitiesSchedule
Name:
STOLTE FAMILY FOUNDATION
EIN:
47-1545801
Description Beginning of Year - Book Value End of Year - Book Value
CREDIT CARD PAYABLE 1,647 1,256


TY 2023 TaxesSchedule
Name:
STOLTE FAMILY FOUNDATION
EIN:
47-1545801
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 16 0   0
PAYROLL TAXES 0 3,383   0