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
BYRON & ALICE LOCKWOOD FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)12 TULALIP KEY
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BELLEVUE, WA98006
A Employer identification number

91-0833426
B Telephone number (see instructions)

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$23,838,933J 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 121,777 121,777  
4 Dividends and interest from securities... 110,560 110,560  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 159,509
b Gross sales price for all assets on line 6a 1,420,805
7 Capital gain net income (from Part IV, line 2)... 159,509
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
573,547 573,547  
12 Total. Add lines 1 through 11........ 965,393 965,393  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 200,900 100,450   100,450
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
10,980 5,490   5,490
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
37,449 37,449    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
30,568 7,784   7,784
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 list of attachments
List of Attached Documents:
// Content
3,510 1,822   1,688
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 283,407 152,995   115,412
25 Contributions, gifts, grants paid....... 1,029,000 1,029,000
26 Total expenses and disbursements. Add lines 24 and 25 1,312,407 152,995   1,144,412
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -347,014
b Net investment income (if negative, enter -0-) 812,398
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............. 91,466 169,783 169,783
2 Savings and temporary cash investments......... 977,892 130,727 130,727
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)....... 2,012,884 Click to see attachment
List of Attached Documents:
// Content
1,982,971 		3,589,025
c Investments—corporate bonds (attach schedule)....... 1,854,033 Click to see attachment
List of Attached Documents:
// Content
1,941,726 		1,885,789
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans............. 1,100,909 1,069,605 1,069,605
13 Investments—other (attach schedule).......... 11,245,962 Click to see attachment
List of Attached Documents:
// Content
11,640,032 		16,994,004
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 17,283,146 16,934,844 23,838,933
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) Click to see attachment
List of Attached Documents:
// Content
446 		 
23 Total liabilities (add lines 17 through 22)......... 446 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........ 17,282,700 16,934,844
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 17,282,700 16,934,844
30 Total liabilities and net assets/fund balances (see instructions). 17,283,146 16,934,844
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
17,282,700
2
Enter amount from Part I, line 27a .....................
2
-347,014
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
16,935,686
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
842
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
16,934,844
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 50000 MERCK & CO., INC. 2.8% 05/18/2023 P 2018-07-23 2023-05-18
b 45000 LINDE PLC 2.7% 02/21/2023 CALLABLE P 2018-07-20 2023-02-21
c 40000 QUALCOMM INC 2.6% 01/30/2023 CALLABLE P 2019-05-02 2023-01-30
d 100 APPLE INC P 2022-10-07 2023-07-11
e 50 APPLE INC P 2022-10-07 2023-10-26
7 APPLE INC P 2017-04-11 2023-12-14
175 APPLE INC P 2017-06-14 2023-12-14
150 APPLE INC P 2023-01-13 2023-12-14
24 ACCENTURE PLC A P 2021-12-02 2023-10-26
21 ADOBE INC P 2023-01-13 2023-10-26
52 APPLIED MATERIALS P 2021-02-23 2023-12-14
3 AMERN TOWER CORP REIT P 2017-04-11 2023-10-26
30 AMERN TOWER CORP REIT P 2017-07-27 2023-10-26
100 AMAZON.COM INC P 2022-10-07 2023-07-11
50 AMAZON.COM INC P 2022-10-07 2023-10-26
50 AMAZON.COM INC P 2023-01-13 2023-10-26
19 AMAZON.COM INC P 2023-01-13 2023-12-14
91 AMAZON.COM INC P 2023-11-16 2023-12-14
4 BOOKING HOLDINGS INC P 2023-01-13 2023-10-26
1 BOOKING HOLDINGS INC P 2017-03-14 2023-12-14
1 BOOKING HOLDINGS INC P 2023-01-13 2023-12-14
505 BRISTOL-MYERS SQUIBB P 2022-02-16 2023-11-30
150 BRISTOL-MYERS SQUIBB P 2023-01-13 2023-11-30
18 CATERPILLAR INC P 2023-10-26 2023-12-14
15 COSTCO WHOLESALE CO P 2022-01-12 2023-07-11
20 COSTCO WHOLESALE CO P 2023-01-13 2023-07-11
13 COSTCO WHOLESALE CO P 2023-01-13 2023-10-26
6 COSTCO WHOLESALE CO P 2017-01-19 2023-12-14
7 COSTCO WHOLESALE CO P 2023-01-13 2023-12-14
9 SALESFORCE INC P 2017-04-11 2023-10-26
55 SALESFORCE INC P 2023-01-13 2023-10-26
61 COSTAR GROUP INC P 2018-09-20 2023-10-26
90 COSTAR GROUP INC P 2023-01-13 2023-10-26
237 CVS HEALTH CORP P 2022-09-27 2023-08-28
26 CHEVRON CORP P 2017-04-11 2023-11-30
85 CHEVRON CORP P 2019-10-03 2023-11-30
90 CHEVRON CORP P 2022-10-07 2023-11-30
45 CHEVRON CORP P 2023-01-13 2023-11-30
36 DOLLAR GENERAL CORP P 2022-05-13 2023-09-20
50 DOLLAR GENERAL CORP P 2022-11-23 2023-09-20
45 DOLLAR GENERAL CORP P 2023-01-13 2023-09-20
45 DANAHER CORP P 2017-06-14 2023-02-21
40 DANAHER CORP P 2022-10-07 2023-02-21
65 WALT DISNEY CO P 2017-04-11 2023-08-28
70 WALT DISNEY CO P 2018-01-03 2023-08-28
470 BRCLYS BK IPATH BLOO EXCHANGE TRADED NOTE P 2021-08-24 2023-03-29
25 BRCLYS BK IPATH BLOO EXCHANGE TRADED NOTE P 2021-10-06 2023-03-29
26 ECOLAB INC P 2017-04-11 2023-12-14
5 ISHARES MSCI EAFE ETF P 2019-05-02 2023-01-13
400 ISHARES MSCI EAFE ETF P 2017-06-23 2023-12-14
51 ISHARES MSCI EAFE ETF P 2017-07-11 2023-12-14
265 ISHARES MSCI EAFE ETF P 2019-05-02 2023-12-14
110 ESTEE LAUDERCO INC A P 2018-01-03 2023-11-16
5 EQUINIX INC REIT P 2019-03-15 2023-10-26
10 EQUINIX INC REIT P 2023-01-13 2023-10-26
144 FIRST REPUBLIC BANK P 2018-02-07 2023-03-10
200 ALPHABET INC. C P 2020-12-14 2023-07-11
87 ALPHABET INC. A P 2022-10-07 2023-12-14
33 HOME DEPOT INC P 2023-01-13 2023-03-21
46 HOME DEPOT INC P 2017-04-11 2023-10-26
7 HOME DEPOT INC P 2023-01-13 2023-10-26
25 ISHARES CORE S&P MID-CAP ETF P 2022-07-11 2023-12-14
24 ISHARES CORE S&P MID-CAP ETF P 2022-10-07 2023-12-14
35 ISHARES CORE S&P MID-CAP ETF P 2023-01-13 2023-12-14
150 ISHARES CORE S&P SMALL-CAP ETF P 2023-03-09 2023-10-30
124 ISHARES CORE S&P SMALL-CAP ETF P 2023-06-27 2023-10-30
46 ISHARES RUSSELL 2000 VALUE ETF P 2022-10-07 2023-12-14
100 ISHARES RUSSELL MID CAP ETF P 2022-01-12 2023-12-14
46 ISHARES RUSSELL MID CAP ETF P 2023-01-13 2023-12-14
445 JOHNSON CONTROLS INT P 2021-06-22 2023-11-16
165 JOHNSON CONTROLS INT P 2021-09-20 2023-11-16
121 JOHNSON CONTROLS INT P 2023-10-26 2023-11-16
266 JPMORGAN EQUITY PREMIUM INCOME ETF P 2021-12-17 2023-03-09
243 JPMORGAN EQUITY PREMIUM INCOME ETF P 2022-04-01 2023-03-09
55 JPMORGAN EQUITY PREMIUM INCOME ETF P 2023-01-13 2023-03-09
200 JPMORGAN ULTRA SHORT INCOME ETF P 2021-07-09 2023-05-17
200 JPMORGAN ULTRA SHORT INCOME ETF P 2021-10-06 2023-05-17
17 JPMORGAN ULTRA SHORT INCOME ETF P 2022-01-18 2023-05-17
65 JPMORGAN ULTRA SHORT INCOME ETF P 2022-01-18 2023-07-11
66 L3HARRIS TECHNOLOGIE P 2020-02-25 2023-05-09
6 LILLY ELI & CO P 2017-04-11 2023-10-26
15 LILLY ELI & CO P 2022-12-22 2023-10-26
30 LILLY ELI & CO P 2023-01-13 2023-10-26
14 LILLY ELI & CO P 2017-04-11 2023-12-14
8 LAM RESEARCH CORP P 2023-10-26 2023-12-14
50 MEDTRONIC PLC P 2017-06-23 2023-12-14
22 MEDTRONIC PLC P 2018-07-17 2023-12-14
75 META PLATFORMS INC A P 2023-02-21 2023-07-11
25 META PLATFORMS INC A P 2017-04-11 2023-12-14
1 META PLATFORMS INC A P 2023-02-21 2023-12-14
13 MARSH & MC LENNAN CO P 2017-04-11 2023-10-26
20 MARSH & MC LENNAN CO P 2017-06-14 2023-10-26
65 MARSH & MC LENNAN CO P 2023-01-13 2023-10-26
40 MICROSOFT CORP P 2022-01-12 2023-07-11
40 MICROSOFT CORP P 2022-07-11 2023-07-11
40 MICROSOFT CORP P 2022-10-07 2023-07-11
20 MICROSOFT CORP P 2022-10-07 2023-10-26
8 MICROSOFT CORP P 2023-01-13 2023-10-26
63 MICROSOFT CORP P 2023-01-13 2023-12-14
90 NEXTERA ENERGY INC P 2017-04-11 2023-02-21
150 NEXTERA ENERGY INC P 2022-10-07 2023-02-21
10 SERVICE NOW INC P 2018-06-20 2023-12-14
40 NVIDIA CORP P 2022-12-22 2023-07-11
10 NVIDIA CORP P 2022-12-22 2023-10-26
25 NVIDIA CORP P 2020-01-28 2023-12-14
5 NVIDIA CORP P 2022-12-22 2023-12-14
7 O REILLY AUTOMOTIVE P 2023-08-14 2023-10-26
7 PALO ALTO NETWORKS P 2019-05-16 2023-08-14
47 PALO ALTO NETWORKS P 2022-12-22 2023-08-14
43 PALO ALTO NETWORKS P 2019-05-16 2023-10-26
53 PEPSICO INC P 2023-01-13 2023-10-26
9 PEPSICO INC P 2017-11-24 2023-12-14
22 PEPSICO INC P 2023-01-13 2023-12-14
140 INVESCO S&P 500 EQUAL WEIGHT ETF P 2022-02-14 2023-03-29
28 RAYTHEON TECHNOLOGIE P 2018-03-23 2023-05-09
60 RAYTHEON TECHNOLOGIE P 2019-09-23 2023-05-09
40 RAYTHEON TECHNOLOGIE P 2020-01-07 2023-05-09
180 RTX CORP P 2019-05-14 2023-09-20
30 RTX CORP P 2019-09-23 2023-09-20
28 SHERWIN WILLIAMS CO P 2017-10-31 2023-12-14
25 STRYKER CORP P 2017-04-11 2023-12-14
95 SYSCO CORP P 2022-05-13 2023-10-26
180 TRUIST FINL CORP P 2017-01-19 2023-05-09
250 TRUIST FINL CORP P 2017-04-11 2023-05-09
45 TRUIST FINL CORP P 2017-07-11 2023-05-09
35 TRUIST FINL CORP P 2018-07-17 2023-05-09
2 THERMO FISHER SCNTFC P 2022-12-22 2023-03-21
15 THERMO FISHER SCNTFC P 2023-01-13 2023-03-21
22 THERMO FISHER SCNTFC P 2017-04-11 2023-10-26
9 THERMO FISHER SCNTFC P 2022-12-22 2023-10-26
28 UNITEDHEALTH GRP INC P 2023-01-13 2023-10-26
48 UNITED PARCEL SRVC B P 2021-05-14 2023-12-14
10 VISA INC A P 2022-07-11 2023-07-11
65 VISA INC A P 2023-01-13 2023-07-11
15 VISA INC A P 2022-07-11 2023-10-26
14 VISA INC A P 2022-10-07 2023-10-26
6 VISA INC A P 2017-04-11 2023-12-14
26 VISA INC A P 2022-10-07 2023-12-14
40 VANGUARD SMALL CAP ETF IV P 2022-07-11 2023-12-14
31 VANGUARD SMALL CAP ETF IV P 2022-10-07 2023-12-14
45 VANGUARD SMALL CAP ETF IV P 2023-01-13 2023-12-14
193 VANGUARD FTSE DEVELOPED MKTS ETF IV P 2017-07-11 2023-12-14
190 VANGUARD FTSE DEVELOPED MKTS ETF IV P 2019-05-02 2023-12-14
130 VANGUARD FTSE DEVELOPED MKTS ETF IV P 2021-10-06 2023-12-14
95 VANGUARD FTSE DEVELOPED MKTS ETF IV P 2023-01-13 2023-12-14
341 VANGUARD ITM-TERM TREASURY ETF P 2022-12-06 2023-06-27
114 VANGUARD ITM-TERM TREASURY ETF P 2022-12-06 2023-12-14
38 VALERO ENERGY CORP P 2017-04-11 2023-02-21
61 VALERO ENERGY CORP P 2022-12-22 2023-02-21
36.66667 VERALTO CORP P 2017-01-19 2023-11-30
18.33333 VERALTO CORP P 2017-06-14 2023-11-30
80 VANGUARD FTSE EMERGING MARKETS ETF P 2021-10-06 2023-12-14
685 VANGUARD FTSE EMERGING MARKETS ETF P 2022-03-09 2023-12-14
11 ZOETIS INC A P 2020-01-28 2023-12-14
20 ZOETIS INC A P 2021-10-06 2023-12-14
(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 50,000   50,000  
b 45,000   45,000  
c 40,000   40,000  
d 18,852   14,231 4,621
e 8,356   7,115 1,241
1,374   248 1,126
34,342   6,440 27,902
29,436   19,859 9,577
6,999   8,800 -1,801
10,815   7,145 3,670
8,343   5,976 2,367
526   368 158
5,264   4,039 1,225
12,761   11,768 993
5,988   5,884 104
5,988   4,734 1,254
2,767   1,799 968
13,251   12,977 274
10,974   8,947 2,027
3,417   1,766 1,651
3,417   2,237 1,180
24,816   34,257 -9,441
7,371   10,715 -3,344
5,056   4,361 695
7,925   7,850 75
10,567   9,621 946
7,123   6,254 869
3,785   987 2,798
4,416   3,367 1,049
1,769   753 1,016
10,811   8,128 2,683
4,325   2,552 1,773
6,381   7,255 -874
15,948   23,170 -7,222
3,717   2,836 881
12,153   9,615 2,538
12,868   14,609 -1,741
6,434   7,928 -1,494
4,145   8,338 -4,193
5,758   12,870 -7,112
5,182   10,368 -5,186
11,281   3,801 7,480
10,027   11,002 -975
5,471   7,356 -1,885
5,891   7,859 -1,968
14,624   12,774 1,850
778   745 33
5,114   3,266 1,848
350   332 18
29,934   26,051 3,883
3,817   3,321 496
19,831   17,609 2,222
13,484   14,180 -696
3,598   2,208 1,390
7,196   7,156 40
11,882   13,018 -1,136
23,268   17,703 5,565
11,288   8,666 2,622
9,568   10,935 -1,367
12,791   6,822 5,969
1,946   2,319 -373
6,880   5,768 1,112
6,605   5,503 1,102
9,632   8,888 744
13,202   14,966 -1,764
10,913   12,095 -1,182
7,041   6,177 864
7,717   8,173 -456
3,550   3,239 311
22,996   29,736 -6,740
8,526   11,937 -3,411
6,253   5,913 340
14,185   16,620 -2,435
12,958   14,785 -1,827
2,933   3,049 -116
10,050   10,146 -96
10,050   10,139 -89
854   858 -4
3,251   3,279 -28
12,421   14,145 -1,724
3,408   514 2,894
8,520   5,489 3,031
17,040   10,789 6,251
7,981   1,200 6,781
6,040   4,691 1,349
4,196   4,467 -271
1,846   1,941 -95
22,135   13,004 9,131
8,246   3,492 4,754
330   173 157
2,433   952 1,481
3,743   1,573 2,170
12,163   11,200 963
13,181   12,760 421
13,181   10,616 2,565
13,181   9,566 3,615
6,564   4,783 1,781
2,625   1,890 735
22,950   14,884 8,066
6,703   2,914 3,789
11,171   11,735 -564
6,826   1,872 4,954
16,973   6,144 10,829
4,033   1,536 2,497
11,869   1,537 10,332
2,374   768 1,606
6,453   6,630 -177
1,534   522 1,012
10,297   6,750 3,547
10,208   3,204 7,004
8,561   9,261 -700
1,524   1,043 481
3,726   3,844 -118
19,786   21,587 -1,801
2,697   2,584 113
5,779   4,490 1,289
3,853   3,373 480
13,504   13,333 171
2,251   2,245 6
8,634   3,695 4,939
7,416   3,265 4,151
6,221   8,067 -1,846
5,111   8,174 -3,063
7,099   10,900 -3,801
1,278   2,045 -767
994   1,810 -816
1,109   1,075 34
8,316   8,657 -341
9,680   3,362 6,318
3,960   4,836 -876
14,799   13,784 1,015
7,748   10,390 -2,642
2,389   2,037 352
15,527   14,394 1,133
3,473   3,055 418
3,242   2,568 674
1,542   532 1,010
6,683   4,769 1,914
8,430   7,234 1,196
6,533   5,541 992
9,484   8,723 761
9,159   7,967 1,192
9,016   7,947 1,069
6,169   6,451 -282
4,508   4,241 267
20,075   20,191 -116
6,752   6,750 2
5,010   2,481 2,529
8,043   7,308 735
2,814   1,034 1,780
1,407   542 865
3,295   3,933 -638
28,217   31,047 -2,830
2,204   1,520 684
4,007   3,909 98
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        
b        
c        
d       4,621
e       1,241
      1,126
      27,902
      9,577
      -1,801
      3,670
      2,367
      158
      1,225
      993
      104
      1,254
      968
      274
      2,027
      1,651
      1,180
      -9,441
      -3,344
      695
      75
      946
      869
      2,798
      1,049
      1,016
      2,683
      1,773
      -874
      -7,222
      881
      2,538
      -1,741
      -1,494
      -4,193
      -7,112
      -5,186
      7,480
      -975
      -1,885
      -1,968
      1,850
      33
      1,848
      18
      3,883
      496
      2,222
      -696
      1,390
      40
      -1,136
      5,565
      2,622
      -1,367
      5,969
      -373
      1,112
      1,102
      744
      -1,764
      -1,182
      864
      -456
      311
      -6,740
      -3,411
      340
      -2,435
      -1,827
      -116
      -96
      -89
      -4
      -28
      -1,724
      2,894
      3,031
      6,251
      6,781
      1,349
      -271
      -95
      9,131
      4,754
      157
      1,481
      2,170
      963
      421
      2,565
      3,615
      1,781
      735
      8,066
      3,789
      -564
      4,954
      10,829
      2,497
      10,332
      1,606
      -177
      1,012
      3,547
      7,004
      -700
      481
      -118
      -1,801
      113
      1,289
      480
      171
      6
      4,939
      4,151
      -1,846
      -3,063
      -3,801
      -767
      -816
      34
      -341
      6,318
      -876
      1,015
      -2,642
      352
      1,133
      418
      674
      1,010
      1,914
      1,196
      992
      761
      1,192
      1,069
      -282
      267
      -116
      2
      2,529
      735
      1,780
      865
      -638
      -2,830
      684
      98
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 2 159,509
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 55,152
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 11,292
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  
3 Add lines 1 and 2........................... 3 11,292
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 11,292
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 22,644
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 22,644
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  
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 11,352
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow11,352 Refundedright arrow 11  
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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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 arrowN/A
14
The books are in care ofright arrowSTEVEN A FINLEY CPA Telephone no.right arrow (253) 952-2992

Located atright arrowPO BOX 430MILTONWA ZIP+4right arrow98354
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(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
KIMBERLY C KLOSTER SEC-TREAS
10.00 		27,900    
1541 HEROIC RD
HAILEY,ID83333
KYLE T CRESSMAN Trustee
5.00 		8,000    
411 18TH AVENUE
KIRKLAND,WA98033
PAUL R CRESSMAN JR President
30.00 		165,000    
12 TULALIP KEY
BELLEVUE,WA98006
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  
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 NONE 0
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2023)
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
7,719,743
b
Average of monthly cash balances.......................
1b
271,145
c
Fair market value of all other assets (see instructions)................
1c
15,847,447
d
Total (add lines 1a, b, and c).........................
1d
23,838,335
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
 
3
Subtract line 2 from line 1d.........................
3
23,838,335
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
357,575
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
23,480,760
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,174,038
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
1,174,038
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
11,292
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
11,292
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,162,746
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
1,162,746
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,162,746
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
1,144,412
b
Program-related investments—total from Part VIII-B..................
1b
 
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
1,144,412
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 1,162,746
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 1,136,851
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 1,144,412
a Applied to 2022, but not more than line 2a 1,136,851
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 7,561
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2023.    
(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  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
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...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		1,155,185
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) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
BYRON ALICE LOCKWOOD FOUNDATION
12 TULALIP KEY
BELLEVUE,WA98006
(253) 952-2992
bThe form in which applications should be submitted and information and materials they should include:
APPLICATIONS MUST BE IN WRITING AND INCLUDE A SPECIFIC PROJECT AND GRANT REQUEST ALONG WITH AMOUNT REQUESTED, AND A COPY OF THE ORGANIZATION'S LATEST 990 FORM.
cAny submission deadlines:
OCTOBER 1 OF EACH YEAR
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
MUST BE LOCATED IN KING COUNTY WASHINGTON
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
ACRES OF DIAMONDS


PO BOX 1672
DUVALL,WA98019 		NONE N/A CHARITABLE 30,000
AGC EDUCATION FOUNDATION


1200 WESTLAKE AVE N STE 301
SEATTLE,WA98109 		NONE N/A CHARITABLE 25,000
ASSISTANCE LEAGUE OF THE EASTSIDE


7345 164TH AVE NE SUITE 145-291
REDMOND,WA98052 		NONE N/A CHARITABLE 15,000
ASSISTANCE LEAGUE OF SEATTLE


1415 N 45TH ST
SEATTLE,WA98103 		NONE N/A CHARITABLE 20,000
BIKE WORKS


3715 S HUDSON ST 101
SEATTLE,WA98118 		NONE N/A CHARITABLE 10,000
BRIDGE DISABILITY MINISTRIES


12356 NORTHUP WAY STE 103
BELLEVUE,WA98005 		NONE N/A CHARITABLE 45,000
CRISIS CONNECTION


2901 3RD AVE STE 100
SEATTLE,WA98121 		NONE N/A CHARITABLE 30,000
EASTSIDE ACADEMY


1717 BELLEVUE WAY NE
BELLEVUE,WA98004 		NONE N/A CHARITABLE 70,000
FARE START


700 VIRGINIA STREET
SEATTLE,WA98101 		NONE N/A CHARITABLE 30,000
FRIENDS OF YOUTH


13116 NE 132ND ST
KIRKLAND,WA98034 		NONE N/A CHARITABLE 25,000
HOPELINK


PO BOX 3577
REDMOND,WA98073 		NONE N/A CHARITABLE 20,000
HUMANE SOCIET OF SEATTLE


13212 SOUTHEAST EASTGATE WAY
BELLEVUE,WA98005 		NONE N/A CHARITABLE 10,000
JUBILEE REACH


14200 SOUTHEAST 13TH PLACE
BELLEVUE,WA98007 		NONE N/A CHARITABLE 80,000
KINDERING


16120 NE 8TH ST
BELLEVUE,WA98008 		NONE N/A CHARITABLE 15,000
KING COUNTY SEXUAL ASSAULT UNIT


PO BOX 300
RENTON,WA98057 		NONE N/A CHARITABLE 15,000
LIFEWIRE


PO BOX 6398
BELLEVUE,WA98008 		NONE N/A CHARITABLE 20,000
MARY'S PLACE


PO BOX 1711
SEATTLE,WA98111 		NONE N/A CHARITABLE 30,000
MUSEUM OF FLIGHT


9404 EAST MARGINAL WAY SOUTH
SEATTLE,WA98108 		NONE N/A CHARITABLE 25,000
NEW HORIZONS


2709 3RD AVE
SEATTLE,WA98121 		NONE N/A CHARITABLE 20,000
NORTHWEST SCHOOL FOR THE HEARING IM


15303 WESTMINISTER WAY N
SHORELINE,WA98133 		NONE N/A CHARITABLE 20,000
OUTDOORS FOR ALL


6344 NE 74TH ST SEITE 102
SEATTLE,WA98115 		NONE N/A CHARITABLE 12,000
OVERLAKE MEDICAL CENTER FOUNDATION


1035 116TH AVE NE
BELLEVUE,WA98004 		NONE N/A CHARITABLE 20,000
PLANNED PARENTHOOD


2001 EAST MADISON STREET
SEATTLE,WA98122 		  N/A CHARITABLE 20,000
SALVATION ARMY EASTSIDE


911 164TH AVENUE NORTHEAST
BELLEVUE,WA98008 		NONE N/A CHARITABLE 30,000
SOPHIA WAY


1100 BELLEVUE WAY NE 8A-110
BELLEVUE,WA98004 		NONE N/A CHARITABLE 20,000
UNION GOSPEL MISSION


PO BOX 202
SEATTLE,WA98111 		NONE N/A CHARITABLE 100,000
UNIVERISITY OF WASHINGTON BUSINESS


407 GERBERDING HALL
SEATTLE,WA98195 		NONE N/A CHARITABLE 5,000
UNIVERSITY OF WASHINGTON ENVIRONMEN


407 GERBERDING HALL
SEATTLE,WA98195 		NONE N/A CHARITABLE 50,000
VENTURES


2100 24TH AVENUE SOUTH SUITE 380
SEATTLE,WA98144 		NONE N/A CHARITABLE 10,000
WASHINGTON STEM


210 S HUDSON ST
SEATTLE,WA98134 		NONE N/A CHARITABLE 15,000
WASHINGTON WOMEN IN NEED


232 FIFTH AVE S SUITE 201
KIRKLAND,WA98033 		NONE N/A CHARITABLE 7,000
WESTSIDE BABY


10002 14TH AVENUE SW
SEATTLE,WA98146 		NONE N/A CHARITABLE 10,000
YOUNG LIFE


PO BOX 520
COLORADO SPRINGS,CO80901 		NONE N/A CHARITABLE 40,000
DRESS FOR SUCCESS


600 PINE STREET SUITE 310
SEATTLE,WA98101 		NONE N/A CHARITABLE 10,000
UNIVERSITY OF WASHINGTON COMMUNICAT


407 GERBERDING HALL
SEATTLE,WA98195 		NONE N/A CHARITABLE 5,000
THE BREAD OF LIFE MISSION


97 S MAIN STREET
SEATTLE,WA98104 		NONE N/A CHARITABLE 10,000
NORTHWEST CENTER


1119 SW 7TH STREET
RENTON,WA98057 		NONE N/A CHARITABLE 10,000
GEEKING OUT KIDS OF COLOR


605 AW 108TH ST
SEATTLE,WA98146 		NONE N/A CHARITABLE 15,000
YOUTH EASTSIDE SERVICE


999 164TH AVE NE
BELLEVUE,WA98008 		NONE N/A CHARITABLE 15,000
ADA DEVELOPERS ACADEMY


315 5TH AVE S STE 200
SEATTLE,WA98104 		NONE NA CHARITABLE 10,000
EASTSIDE LEGAL ASSISTANCE PROGRAM


1239 120TH AVE NE STE J
BELLEVUE,WA98005 		NONE NA CHARITABLE 10,000
NORTHWEST CHILDREN'S FOUNDATION


2100 24TH AVE S NO 320
SEATTLE,WA98144 		NONE NA CHARITABLE 10,000
NORTHWEST FAMILY LIFE LEARNING AND


12360 LAKE CITY WAY NE
SEATTLE,WA98125 		NONE NA CHARITABLE 10,000
PER SCHOLAS SEATTLE


2101 4TH AVE SUITE 600
SEATTLE,WA98121 		NONE NA CHARITABLE 10,000
Z GIRLS FOUNDATION


3600 136TH PL SE SUITE 300
BELLEVUE,WA98006 		NONE NA CHARITABLE 10,000
NATIONAL MULTIPLE SCLEROSIS SOCIETY


180 NICKERSON STREET SUITE 100
SEATTLE,WA98109 		NONE N/A CHARITABLE 10,000
Total .................................right arrow 3a 1,029,000
bApproved for future payment
Total ................................. right arrow 3b  
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 ........... 		        121,777
4 Dividends and interest from securities ....         110,560
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 ............ 		        159,509
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aPARTNERSHIP INCOME 		        573,547
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..     965,393
13Total. Add line 12, columns (b), (d), and (e)..................
13
965,393
(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: 23017517
Software Version: 2023v5.1


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
BYRON & ALICE LOCKWOOD FOUNDATION
EIN:
91-0833426
Software ID:
23017517
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
  10,980 5,490 0 5,490

TY 2023 InvestmentsCorpBondsSchedule
Name:
BYRON & ALICE LOCKWOOD FOUNDATION
EIN:
91-0833426
Software ID:
23017517
Software Version:
2023v5.1
Name of Bond End of Year Book Value End of Year Fair Market Value
QUALCOMM INC 2.6% 23 40,000    
LINDE PLC 2.7% 23 45,000    
MERCK & CO., INC. 2.8% 23 $ 50,000    
PEPSICO, INC. 3.6% 24 $ 45,000 45,065 44,830
MASTERCARD INC 3.375% 24 $ 40,000 40,010 39,767
PAYPAL HOLDINS, 2.4%24 50,000 50,120 48,892
WEC ENERGY GROUP 3.55%25 14,000 14,092 13,646
THE HOME DEPOT, 3.35%25 50,000 50,436 49,037
MARSH & MCLENNAN 3.5%24 60,000 60,370 59,414
ABBOTT LABAROATOR 2.95%25 50,000 50,596 48,962
RTX 3.95%25 50,000 51,744 49,300
AIR PRODUCTS AND 1.5%25 40,000 40,652 37,813
LOWE'S COMPANIES, 2.5%26 50,000 51,988 47,586
EMERSON ELECTRI 0.875%26 10,000 9,992 9,075
THE WALT DISNEY 3.35%25 45,000 46,555 44,181
DEERE & CO 2.75%25 25,000 25,716 24,376
MONDELEZ INTERNTN 1.5%25 30,000 30,172 28,616
VISA INC. 3.15%25 55,000 57,296 53,616
THE CHARLES SCHWA 0.9%26 50,000 49,548 45,854
JPMORGAN CHASE & 3.3%26 50,000 52,347 48,426
WELLS FARGO & CO 3%26 25,000 26,080 23,945
UNITEDHEALTH GRO 1.15%26 70,000 70,058 64,804
STARBUCKS CORP 2.45%26 50,000 51,915 47,534
U.S. BANCORP 2.375%26 50,000 52,206 46,828
APPLE INC 2.05%26 50,000 51,260 47,136
NIKE, INC. 2.75% 27 50,000 52,625 47,569
BERKSHIRE HATHAWAY 3.125% 26 50,000 47,465 48,567
REPUBLIC SERVICES 2.9% 2026 40,000 38,879 38,379
ARCHER-DANIELS-MI 2.5% 26 40,000 38,580 38,033
TARGET CORP 1.95%27 50,000 49,977 46,659
ADOBE INC 2.15%27 50,000 50,317 46,917
UNION PACIFIC CO 2.15%27 10,000 9,443 9,357
BLACKROCK, INC 3.2%27 50,000 52,031 48,325
RTX 3.5%27 50,000 51,957 48,132
THE COCA-COLA C 3.375%27 75,000 71,325 73,216
GENERAL DYNAMICS 3.5%27 40,000 40,258 38,971
AMAZON.COM, INC 3.3%27 50,000 47,065 48,583
COSTCO WHOLESALE 1.375%27 50,000 45,084 45,309
THE PROCTER & GA 2.85%27 75,000 69,206 71,669
WALMART INC 3.95%27 50,000 48,080 49,705
HONEYWELL INTERN 4.25% 25,000 24,607 25,022
MERCK & CO., INC 3.4% 80,000 72,519 76,640
ELI LILLY AND C 3.75% 75,000 68,372 72,153
UNITED PARCEL SER 3.4% 45,000 41,258 43,428
THERMO FISHER SCI 206%50,000 44,460 45,517

TY 2023 InvestmentsCorpStockSchedule
Name:
BYRON & ALICE LOCKWOOD FOUNDATION
EIN:
91-0833426
Software ID:
23017517
Software Version:
2023v5.1
Name of Stock End of Year Book Value End of Year Fair Market Value
ADOBE INC 69 SHS 19,119 41,165
ALPHABET INC. CLASS A 598 SHS 34,386 83,535
AMAZON.COM INC 716 SHS 31,704 108,789
AMGEN INC. 60 SHS 9,247 17,281
APPLE INC , 1,053 SHS 34,805 202,735
BANK OF AMERICA CORP 1,560 SHS 45,911 52,525
BERSHIRE HATHAWAY CLASS B 286 SHS 59,636 102,005
BOEING CO 207 SHS 40,131 53,957
BOOKING HOLDINGS INC 9 SHS 15,882 31,925
CHEVRON CORP 354 SHS 34,897 52,803
CISCO SYSTEMS INC 949 SHS 43,637 47,943
COSTAR GROUP INC 289 SHS 12,091 25,256
COSTCO WHOLESALE CO 109 SHS 17,071 71,949
DANAHER CORP 165 SHS 11,941 38,171
ECOLAB INC 85 SHS 10,171 16,860
EOG RESOURCES INC 380 SHS 38,045 45,961
ESTEE LAUDER CO INC CLASS A 110 SHS    
FIRST REPUBLIC BANK SAN 144 SHS    
HOME DEPOT INC 109 SHS 15,365 37,774
HONEYWELL INTL INC 187 SHS 26,719 39,216
JPMORGAN CHASE & CO 557 SHS 49,577 94,746
JOHNSON & JOHNSON 447 SHS 63,810 70,063
LAM RESEARCH CORP 62 SHS 10,818 48,562
LILLY ELI & CO 145 SHS 12,274 84,523
MARSH & MC LENNAN CO 237 SHS 17,358 44,904
MC DONALDS CORP 165 SHS 30,287 48,924
MEDTRONIC PLC 478 SHS 39,464 39,378
MICROSOFT CORP 584 SHS 17,652 219,607
MONDELEZ INTL CLASS A 680 SHS 23,064 49,252
MORGAN STANLEY 870 SHS 40,330 81,128
NEXTERA ENERGY 535 SHS 17,321 32,496
PACCAR INC 450 SHS 15,307 43,943
PALO ALTO NETWORKS 160 SHS 11,922 47,181
PEPSICO INC 156 SHS 16,652 26,495
PFIZER INC 747 SHS 25,051 21,506
PROCTER & GAMBLE 508 SHS 66,547 74,442
RAYTHEON CO 338 SHS    
SALESFORCE COM 206 SHS 17,167 54,207
SERVICE NOW INC 85 SHS 15,870 60,052
SHERWIN WILLIAMS CO 67 SHS 8,842 20,897
STRYKER CORP 60 SHS 7,837 17,968
THERMO FISHER SCNTFC 68 SHS 9,871 36,094
TRUIST FINL CORP 510 SHS    
UNION PACIFIC CORP 203 SHS 24,811 49,861
UNITEDHEALTH GRP INC 87 SHS 15,070 45,803
VALERO ENERGY CORP 312 SHS 19,083 40,560
VERIZON COMMUNICATN 565 SHS 28,686 21,301
VISA INC CLASS A 294 SHS 25,097 76,543
WALMART INC 264 SHS 29,002 41,620
WALT DISNEY CO 230 SHS 25,462 20,767
ALPHABET INC. CLASS C 200 SHARES 17,703 28,186
APTIV PLC 298 SHS 23,996 26,737
LINDE PLC F 148 SHS 43,016 60,785
L3HARRIS TECHNOLOGIES IN 106 SHARES 21,473 22,326
NIKE INC CL B 120 SHS 11,821 13,028
NVDIA CORP 230 SHS 14,138 113,901
ZOETIS INC CL A 99 SHS 13,195 19,540
ACCENTURE PLC F CL A 91 SHS 29,670 31,933
APPLIED MATERIALS 128 SHS 14,711 20,745
CATERPILLAR INC 163 SHS 36,480 48,194
CHIPOTLE MEXICAN GRL 10 SHS 16,830 22,870
GENERAL MOTORS CO 538 SHS 27,239 19,325
JOHNSON CONTROLS INTER F 610 SHS    
META PLATFORMS INC CL A 155 SHS 20,426 54,864
SYNOPSYS INC 45 SHS 14,415 23,171
UNITED PARCEL SRVC CL B 99 SHS 19,757 15,566
BRISTOL M-MYERS SQUIBB 505 SHS    
CVS HEALTHCORP 237 SHS    
DOLLAR GENERAL CORP 86 SHS    
HUMANA INC 66 SHS 35,218 30,215
NISOURCE INC 1,296 SHS 39,059 34,409
ORACLE CORP 395 SHS 31,619 41,645
SYSCO CORP 307 SHS 25,172 22,451
TESLA INC 117 SHS 36,960 29,072
THE COCA-COLA CO 727 SHS 43,284 42,842
ALBEMARLE CORP 60 SHS 11,453 8,669
CHUBB LTD 156 SHS 31,834 35,256
COGNIZANT TECH SOLU 542 SHS 34,616 40,937
CROWN HOLDINGS INC 300 SHS 25,551 27,627
GLOBAL PAYMENTS INC 255 SHS 30,469 32,385
JACOBS SOLUTIONS INC 179 SHS 24,434 23,234
KKR & CO INC 314 SHS 23,618 26,015
MARVELL TECHNOLOGY INC 282 SHS 12,125 17,007
MCKESSON CORP 38 SHS 17,707 17,593
O REILLY AUTOMOTIVE 28 SHS 23,585 26,602
SCHLUMBERGER LTD F 253 SHS 13,179 13,166
UNITED RENTALS INC 28 13,228 16,056

TY 2023 InvestmentsOtherSchedule2
Name:
BYRON & ALICE LOCKWOOD FOUNDATION
EIN:
91-0833426
Software ID:
23017517
Software Version:
2023v5.1
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
DIAMOND MARINA LLC AT COST 1,303,719 1,677,544
WALLACE PROPERTIES/WASHINGTON PARK AT COST 1,443 1,027,500
MILL CREEK SOUTH RETAIL CENTER AT COST 694,620 610,633
WRP GATEWAY LLC AT COST 793,571 1,008,902
BOLSER REAL ESTATE AT COST 2,442,019 2,408,200
WALLACE PROPERTIES-KENNEWICK AT COST 414,995 855,000
WALLACE NORTHGATE 3 LLC AT COST 146,480 2,000,000
LENOX APARTMENTS AT COST 367,433 500,000
SOUTH LANDING INVESTMENTS AT COST 1,281,036 1,000,000
WEST SIDE HOLDINGS AT COST 244,223 550,000
WYLDS WOODS APARTMENTS AT COST 54,103 500,000
GARDEN MANOR LLC AT COST 373,126 500,000
ALASKA TRADE BUILDING LLC AT COST 223,273 250,000
CUMULATIVE BASIS ADJUSTMENTS AT COST 64,564  
PINE KNOLL HLD LLC AT COST 330,734 400,000
OXBOW SPOKANE PARTNERS LLC AT COST 454,736 700,000
BROADVIEW FAYETTE HLD LLC AT COST 207,440 300,000
EMERALD SPOKANE INDUSTRIAL LLC AT COST 489,342 500,000
ISHARES CORE S&P MID CAP 646 SHS AT COST 111,709 179,039
ISHARES MSCI EAFE ETF 5,404 SHS AT COST 329,510 407,191
ISHARES RUSSELL MID CAP 1,255 SHS AT COST 76,065 97,551
ISHARES RUSSELL MID CAP GROWTH 440SHS AT COST 25,161 45,962
ISHARES RUSSELL 2000 GROWTH 429 SHS AT COST 80,017 108,202
ISHARES RUSSELL 2000 VALUE 702 SHS AT COST 73,266 109,042
VANGUARD FTSE DEVELOPED 4,527 SHS AT COST 176,786 216,843
VANGUARD FTSE EMERGING 5,589 SHS AT COST 226,043 229,708
VANGUARD SMALL CAP ETF 995 SHS AT COST 134,994 212,263
AMERN TOWER CORP 97 SHS AT COST 11,912 20,940
EQUINIX INC 35 SHS AT COST 15,453 28,189
PROLOGIS INC. 555 SHS AT COST 35,735 73,982
BRCLYS BK IPATH BLOOM 495 SHS AT COST    
JPMORGAN EQUITY PREMIUM 509 SHS AT COST    
JPMORGAN ULTRA SHORT INCOME 783 SHS AT COST 39,421 39,330
VANGUARD LARGE CAP ETF 223HS AT COST 44,272 48,647
INVESCO S&P 500 EQUAL 140 SHS AT COST    
ISHARES RUSSELL MIDCAP VALUE 325 SHS AT COST 36,559 37,794
ISHARES TREASURY1,382 SHS AT COST 69,720 69,750
JPM BETABUIL DV ASIA 745 SHS AT COST 38,057 36,885
VANGAURD INTERMEDIATE 742 SHS AT COST 56,214 56,674
VANGUARD INTRMDIAT TRM 908 SHS AT COST 53,763 53,863
VANGUARD SCOTTSDALE FDS 490 SHS AT COST 38,713 39,827
SPDR PORTFOLIO S&P 500 1,402 SHS AT COST 67,589 78,372
VANGUARD TOTAL INTERNTL 279 SHS AT COST 15,102 16,171

TY 2023 OtherDecreasesSchedule
Name:
BYRON & ALICE LOCKWOOD FOUNDATION
EIN:
91-0833426
Software ID:
23017517
Software Version:
2023v5.1
Description Amount
NONDEDUCTIBLE EXPENSES 79
PENALTIES 761
ROUNDING 2


TY 2023 OtherExpensesSchedule
Name:
BYRON & ALICE LOCKWOOD FOUNDATION
EIN:
91-0833426
Software ID:
23017517
Software Version:
2023v5.1
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK CHARGES 219 219    
INSURANCE 2,876 1,438   1,438
OFFICE EXPENSE 330 165   165
STATE REGISTRATION 85     85


TY 2023 OtherIncomeSchedule2
Name:
BYRON & ALICE LOCKWOOD FOUNDATION
EIN:
91-0833426
Software ID:
23017517
Software Version:
2023v5.1
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PARTNERSHIP INCOME 573,547 573,547  


TY 2023 OtherProfessionalFeesSchedule
Name:
BYRON & ALICE LOCKWOOD FOUNDATION
EIN:
91-0833426
Software ID:
23017517
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT ADVISORY 37,449 37,449 0 0


TY 2023 TaxesSchedule
Name:
BYRON & ALICE LOCKWOOD FOUNDATION
EIN:
91-0833426
Software ID:
23017517
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAXES 15,000      
PAYROLL TAXES 15,568 7,784   7,784