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
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
SATYA AND RAO REMALA FOUNDATION
C/O SMITH BUNDAY BERMAN BRITTON PS
Number and street (or P.O. box number if mail is not delivered to street address)11808 NORTHUP WAY 240
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BELLEVUE, WA98005
A Employer identification number

91-6477106
B Telephone number (see instructions)

(425) 462-8220
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$25,594,314J 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) 826,875
2 Check right arrow.............
3 Interest on savings and temporary cash investments 13,214 949  
4 Dividends and interest from securities... 608,745 608,745  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,969,026
b Gross sales price for all assets on line 6a 17,063,178
7 Capital gain net income (from Part IV, line 2)... 2,309,989
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 3,417,860 2,919,683 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
17,131 8,566 0 8,565
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
50,500 50,500 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
34,169 34,169 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
3,198 0 0 3,198
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 104,998 93,235 0 11,763
25 Contributions, gifts, grants paid....... 987,111 987,111
26 Total expenses and disbursements. Add lines 24 and 25 1,092,109 93,235 0 998,874
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,325,751
b Net investment income (if negative, enter -0-) 2,826,448
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 1,031,148 894,198 894,198
3 Accounts receivable right arrow17,131
Less: allowance for doubtful accounts right arrow     17,131 17,131
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)....... 16,598,558 Click to see attachment
List of Attached Documents:
// Content
10,563,014 		13,837,249
c Investments—corporate bonds (attach schedule)....... 2,829,824 Click to see attachment
List of Attached Documents:
// Content
11,404,522 		10,845,808
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)..........      
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
44 		Click to see attachment
List of Attached Documents:
// Content
-72 		Click to see attachment
List of Attached Documents:
// Content
-72
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 20,459,574 22,878,793 25,594,314
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
110 		Click to see attachment
List of Attached Documents:
// Content
6,228
23 Total liabilities (add lines 17 through 22)......... 110 6,228
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 20,459,464 22,872,565
29 Total net assets or fund balances (see instructions)..... 20,459,464 22,872,565
30 Total liabilities and net assets/fund balances (see instructions). 20,459,574 22,878,793
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
20,459,464
2
Enter amount from Part I, line 27a .....................
2
2,325,751
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
87,350
4
Add lines 1, 2, and 3 ..........................
4
22,872,565
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
22,872,565
Form 990-PF (2024)
Form 990-PF (2024)
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 1000 MICROSOFT CORP D 2009-06-09 2024-01-22
b 1,600 VANGUARD LONG-TERM TAX-EXEMP P   2024-08-08
c 46,141 VANGUARD LONG-TERM TAX-EXEM P   2024-08-08
d 7367 AB DISCOVERY VALUE ADVISOR P   2024-12-26
e 2555 ARTISAN INTERNATIONAL SMALL-MID P   2024-12-26
993 ARTISAN INTERNATIONAL VALUE INSTL P   2024-12-26
3242 BROOKFIELD GLOBAL LISTED INFRAST P   2024-12-26
1222 COHEN & STEERS INSTL REALTY SHAR P   2024-12-26
7212 CONESTOGA SMID CAP INSTITUTIONAL P   2024-12-13
14133 DODGE & COX INCOME I P   2024-12-19
738 ISHARES CORE S&P 500 ETF IV P   2024-12-26
2982 MACQUARIE EMERGING MARKETS INS P   2024-12-16
4896 MORGAN STANLEY INST INTL ADVTG I P   2024-12-26
5075 RBC EMERGING MARKETS EQUITY I P   2024-12-26
37,825 VANGUARD INTERM-TERM TX-EX A P 2024-08-08 2024-08-23
781 VANGUARD S&P 500 VALUE ETF P   2024-12-20
818 VANGUARD ULTRA-SHORT-TERM BOND P   2024-12-20
20,093.64 ISHARES CORE MSCI EMERGIN P   2024-08-23
47,377.47 ISHARES CORE MSCI EAFE ETF P   2024-08-23
9,514 ISHARES RUSSELL 2500 ETF P 2022-12-13 2024-08-23
5283 LORD ABBETT BOND-DEBENTURE I P   2024-12-19
3992 PIMCO INCOME INSTL P   2024-12-19
147,462 VANGUARD INTERM-TERM INVEST P   2024-08-23
485.98 VANGUARD MID CAP ETF P   2024-08-23
7,850 VANGUARD RUSSELL 2000 ETF P 2022-12-13 2024-08-23
11,986.53 VANGUARD S&P 500 ETF P   2024-08-23
241.33 VANGUARD SMALL CAP ETF P   2024-08-23
1296 VANGUARD ULTRA-SHORT-TERM BOND P   2024-12-20
133.531 VNGRD S/TRM INVT GR ADML P   2024-03-08
72.488 VNGRD S/TRM INVT GR ADML P   2024-06-06
79.629 VNGRD S/TRM INVT GR ADML P 2024-11-29 2024-12-03
32.877 VNGRD S/TRM INVT GR ADML P 2020-10-26 2024-03-08
96.170 VNGRD S/TRM INVT GR ADML P 2020-10-26 2024-06-06
167.322 VNGRD S/TRM INVT GR ADML P 2020-10-26 2024-09-05
92.137 VNGRD S/TRM INVT GR ADML P   2024-12-03
CAPITAL GAINS DIVIDENDS P    
(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 396,012   1,000 395,012
b 17,545   17,121 424
c 505,701   488,126 17,575
d 183,419   179,274 4,145
e 46,958   46,951 7
50,390   50,316 74
44,735   44,342 393
62,768   62,372 396
195,322   186,331 8,991
181,056   180,473 583
432,936   422,694 10,242
65,950   65,423 527
120,433   119,580 853
71,700   70,103 1,597
518,972   517,469 1,503
149,404   147,415 1,989
16,516   16,516 0
1,104,312   1,280,262 -175,950
3,640,373   3,555,306 85,067
637,133   529,258 107,875
37,857   37,857 0
42,474   42,474 0
1,305,046   1,434,070 -129,024
124,490   68,367 56,123
698,788   582,464 116,324
6,176,489   4,544,278 1,632,211
56,273   29,142 27,131
27,245   27,245 0
1,363   1,364 -1
740   740 0
824   825 -1
336   336 0
982   982 0
1,747   1,752 -5
954   961 -7
145,935     145,935
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       395,012
b       424
c       17,575
d       4,145
e       7
      74
      393
      396
      8,991
      583
      10,242
      527
      853
      1,597
      1,503
      1,989
      0
      -175,950
      85,067
      107,875
      0
      0
      -129,024
      56,123
      116,324
      1,632,211
      27,131
      0
      -1
      0
      -1
      0
      0
      -5
      -7
      145,935
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 2,309,989
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 39,288
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 39,288
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 39,288
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 14,383
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 45,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 59,383
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 69
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 20,026
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow20,026 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
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 2024 or the taxable year beginning in 2024? 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 instructionsClick to see attachment
List of Attached Documents:
// Content
.................
12
Yes
 
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 arrowRAO REMALA Telephone no.right arrow (425) 827-8255

Located atright arrow11808 NORTHUP WAY SUITE 240BELLEVUEWA ZIP+4right arrow980051959
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 2024, 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 (2024)
Form 990-PF (2024)
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
 
 
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 2024? .............
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
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 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
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
RAO V REMALA TRUSTEE
2.00 		0 0 0
C/O SMITH BUNDAY BERMAN BRITTON
11808 NORTHUP WAY SUITE 240
BELLEVUE,WA98005
SATYA K REMALA TRUSTEE
2.00 		0 0 0
C/O SMITH BUNDAY BERMAN BRITTON
11808 NORTHUP WAY SUITE 240
BELLEVUE,WA98005
SRILAKSHMI REMALA MANAGER
2.00 		0 0 0
C/O SMITH BUNDAY BERMAN BRITTON
11808 NORTHUP WAY SUITE 240
BELLEVUE,WA98005
SRILATA REMALA MANAGER
2.00 		0 0 0
C/O SMITH BUNDAY BERMAN BRITTON
11808 NORTHUP WAY SUITE 240
BELLEVUE,WA98005
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
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 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 GLOBAL HEALTH INVESTMENT FUND I, LLC (THE "FUND") SEEKS TO PROVIDE AFFORDABLE FUNDING TO SUPPORT THE DEVELOPMENT OF DRUGS, VACCINES, PREVENTATIVE, DIAGNOSTICS AND OTHER PRODUCTS TO ADDRESS GLOBAL HEALTH CHALLANGES THAT DISPROPORTIONATELY IMPACT DEVELOPING COUNTRIES. THE FUND IS A COLLABORATION AMOUNG JP MORGAN, THE BILL & MELINDA GATES FOUNDATION AND LION'S HEAD GLOBAL PARTNERS. 0
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
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
23,705,965
b
Average of monthly cash balances.......................
1b
1,203,402
c
Fair market value of all other assets (see instructions)................
1c
13,029
d
Total (add lines 1a, b, and c).........................
1d
24,922,396
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
24,922,396
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
373,836
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
24,548,560
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,227,428
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
1,227,428
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
39,288
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
39,288
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,188,140
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,188,140
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,188,140
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
998,874
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
998,874
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 1,188,140
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 979,816
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 998,874
a Applied to 2023, but not more than line 2a 979,816
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 19,058
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		1,169,082
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
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 2024, 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) 2024 (b) 2023 (c) 2022 (d) 2021
         
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).)
RAO V REMALA
SATYA K REMALA
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
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

API CHAYA

PO BOX 14047
SEATTLE,WA98114 		NONE 501(C)(3) TO END INTIMATE PARTNER VIOLENCE AND OTHER FORMS OF EXPLOITATION. 10,000

CONSUMER CHECKBOOK

1625 K STREET NW 8TH FLOOR
WASHINGTON,DC20006 		NONE 501(C)(3) TO HELP CONSUMERS FIND HIGH QUALITY SERVICE AT REASONABLE PRICES. 250

CRISIS CONNECTIONS

PO BOX 19612
SEATTLE,WA98109 		NONE 501(C)(3) TO FOSTER RESILIENCE AND WELL-BEING FOR ALL BY CONNECTING PEOPLE TO ACCESSIBLE AND COMPASSIONATE SUPPORT. 250

FOOD LIFELINE

815 S 96TH ST
SEATTLE,WA98108 		NONE 501(C)(3) TO PROVIDE FOOD TO MORE THAN 350 FOOD BANKS, SHELTERS, AND MEAL PROGRAMS ACROSS WESTERN. WASHINGTONTO PROVIDE FOOD TO THOSE IN NEED. 1,000

FRED HUTCHINSON CANCER RESEARCH CENTER

PO BOX 19024 J5-200
SEATTLE,WA98109 		NONE 501(C)(3) TO SUPPORT RESEARCH, PREVENTION, DETECTION AND OF CANCER. 503,698

GEORGE WASHINGTON UNIVERSITY

2033 K STREET NW SUITE 300
WASHINGTON,DC20052 		NONE 501(C)(3) TO PROVIDE THE HIGH-QUALITY EDUCATION. 1,000

HABITAT FOR HUMANITY

500 NACHES AVE SW SUITE 200
RENTON,WA98057 		NONE 501(C)(3) TO BUILD HOMES, COMMUNITIES, AND HOPE BY BRINGING PEOPLE TOGETHER TO ADDRESS THE NEED FOR AFFORDABLE HOUSING, ENSURING EVERYONE HAS A DECENT PLACE TO LIVE. 400

HOPELINK

8990 154TH AVE NE
REDMOND,WA98052 		NONE 501(C)(3) TO PROVIDE FOR EMERGENCY FOOD, CLOTHING AND SHELTER. 1,000

KIRAN ANJALI PROJECT

PO BOX 757
MERCER ISLAND,WA98040 		NONE 501(C)(3) TO PROVIDE GUIDANCE AND FINANCIAL SUPPORT TO INSTITUTIONS PROVIDING EDUCATION TO CHILDREN FROM UNDERSERVED COMMUNITIES, ESPECIALLY GIRLS, IN INDIA. 3,000

LIFELONG FOUNDATION

210 SOUTH LUCILE STREET
SEATTLE,WA98108 		NONE 501(C)(3) TO REMOVE BARRIERS TO HEALTH WITH RELENTLESS COMPASSION SO THAT NO ONE FACES ILLNESS AND INJUSTICE ALONE. 500

MANJARI SANKURATHRI MEMORIAL FOUNDATION

14 RODERER DR
RARITAN,NJ08869 		NONE 501(C)(3) TO PROMOTE EDUCATION, HEALTH CARE CARE FOR THE DOWNTRODDEN AND TO HELP THE NEEDY AT TIMES OF NATURAL CALAMITIES IN INDIA AS WELL AS IN THE UNITED STATES OF AMERICA. 5,000

NEIGHBORCARE HEALTH

1200 12TH AVENUE S SUITE 901
SEATTLE,WA98144 		NONE 501(C)(3) TO PROVIDE COMPREHENSIVE HEALTH CARE TO FAMILIES AND INDIVIDUALS WHO HAVE DIFFICULTY ACCESSING CARE 25,000

NORTHWEST FOLKLIFE

305 HARRISON ST
SEATTLE,WA98109 		NONE 501(C)(3) TO CREATE OPPORTUNITIES FOR ALL TO CELEBRATE, SHARE, AND PARTICIPATE IN THE EVOLVING CULTURAL TRADITIONS OF THE PACIFIC NORTHWEST. 500

NORTHWEST HARVEST

PO BOX 12272
SEATTLE,WA98102 		NONE 501(C)(3) TO PROVIDE FOOD TO THOSE IN NEED. 500

OVERLAKE MEDICAL CENTER

1035 116TH AVE NE
BELLEVUE,WA98004 		NONE 501(C)(3) TO PROVIDE MEDICAL EXCELLENCE EVERY DAY. 5,000

PACIFIC CREST TRAIL ASSOCIATION

2150 RIVER PLAZA DRIVE SUITE 155
SACRAMENTO,CA95833 		NONE 501(C)(3) TO PROTECT, PRESERVE AND PROMOTE THE PACIFIC CREST NATIONAL SCENIC TRAIL AS A WORLD-CLASS EXPERIENCE FOR HIKERS AND EQUESTRIANS, AND FOR ALL THE VALUES PROVIDED BY WILD AND SCENIC LANDS. 500

PRATHAM USA

9703 RICHMOND AVE 102
HOUSTON,TX77042 		NONE 501(C)(3) TO PROVIDE EDUCATION TO CHILDREN IN MUMBAI SLUMS, PRATHAM. 15,000

ROAD SCHOLAR

11 AVENUE DE LAFAYETTE
BOSTON,MA02111 		NONE 501(C)(3) TO INSPIRE ADULTS TO LEARN, DISCOVER AND TRAVEL. 250

RWANDA GIRLS INITIATIVE

PO BOX 325
MEDINA,WA98039 		NONE 501(C)(3) TO EDUCATE AND EMPOWER GIRLS OF RWANDA TO REACH THEIR HIGHEST POTENTIAL. 1,000

SEEDS FOR PROGRESS FOUNDATION

2333 PONCE DE LEON BLVD SUITE 600
CORAL GABLES,FL33134 		NONE 501(C)(3) TO CREATE OPPORTUNITIES TO ADVANCE THE QUALITY OF LIFE FOR STUDENTS, TEACHERS AND THEIR FAMILIES IN THE RURAL COMMUNITIES OF NICARAGUA'S COFFEE-GROWING REGIONS. 10,000

SPECIAL OLYMPICS

2600 VIRGINIA AVENUE NW 11TH FLOOR
WASHINGTON,DC20037 		NONE 501(C)(3) TO PROVIDE TRAINING AND HEALTH EDUCTION TO PEOPLE WITH DISABILITIES. 500

UNIVERSITY OF WASHINGTON

4333 BROOKLYN AVENUE NE
SEATTLE,WA981959504 		NONE 501(C)(3) TO SUPPORT COMPUTER SCIENCE SCHOLARSHIPS & ENGINEERING. 48,000

VILLAGE THEATRE

303 FRONT STREET NORTH
ISSAQUAH,WA98027 		NONE 501(C)(3) TO OFFER THE HIGHEST QUALITY PERFORMING ARTS PROGRAMS. 500

VIRGINIA MASON FRANCISCAN HEALTH FOUNDATION

PO BOX 1930 MAILSTOP D1-MF
SEATTLE,WA98111 		NONE 501(C)(3) TO ENHANCE THE LEVEL OF PHILANTHROPIC SUPPORT FOR EXTRAORDINARY PATIENT CARE 5,000

WASHINGTON STATE PARKS FOUNDATION

1752 NW MARKET ST 744
SEATTLE,WA98107 		NONE 501(C)(3) TO CONNECT ALL WASHINGTONIANS TO THEIR DIVERSE NATURAL AND CULTURAL HERITAGE AND PROVIDE MEMORABLE RECREATIONAL AND EDUCATIONAL EXPERIENCES THAT ENHANCE THEIR LIVES. 250

WASHINGTON TRAILS ASSOCIATION

705 SECOND AVE SUITE 300
SEATTLE,WA98104 		NONE 501(C)(3) TO PROTECT HIKING TRAILS AND WILDERNESS. 1,500

WASHINGTON WILDLIFE & RECREATION COALITION

6716 EAST SIDE DR NE 1-302
TACOMA,WA98422 		NONE 501(C)(3) TO ENSURE ROBUST FUNDING FOR WASHINGTON'S GREAT OUTDOORS BY UNIFYING DISPARATE VOICES THROUGH EDUCATION AND ADVOCACY. 485

WIKIMEDIA FOUNDATION

1 MONTGOMERY STREET SUITE 1600
SAN FRANCISCO,CA94104 		NONE 501(C)(3) TO HELP EVERYONE SHARE IN THE SUM OF ALL KNOWLEDGE. 300

SEATTLE FOUNDATION

1200 FIFTH AVENUE SUITE 1300
SEATTLE,WA98101 		NONE 501(C)(3) TO IMPROVE THE QUALITY OF LIFE IN KING COUNTY. 97,185

ZENO

1404 E YESLER WAY SUITE 204
SEATTLE,WA98122 		NONE 501(C)(3) TO SUPPORT CHILDREN TO DEVELOP THEIR MATH SKILLS. 1,248

FARESTART

PO BOX 84395
SEATTLE,WA981245695 		NONE 501(C)(3) TO HELP PEOPLE OVERCOME BARRIERS BY TEACHING WORK AND LIFE SKILLS NEEDED TO SUCCEED IN EMPLOYMENT AND IN LIFE. 20,000

ORCAS ISLAND COMMUNITY FOUNDATION

33 URNER ST 4
EASTSOUND,WA98245 		NONE 501(C)(3) TO HELP BUILD AND STRENGTHEN OUR COMMUNITY BY ENCOURAGING AND SUPPORTING LOCAL PHILANTHROPY. 1,500

SALVATION ARMY

615 SLATERS LANE
ALEXANDRIA,VA22314 		NONE 501(C)(3) TO MEET HUMAN NEED WHEREVER, WHENEVER, AND HOWEVER WE CAN. 500

HINDU HERITAGE ENDOWMENT

107 KAHOLALELE RD
KAPAA,HI96746 		NONE 501(C)(3) TO HELP PEOPLE AND STRENGTHEN HINDU COMMUNITIES AROUND THE GLOBE. 250

SOPHIA WAY

11061 NE 2ND STREET SUITE 223
BELLEVUE,WA98004 		NONE 501(C)(3) TO SUPPORT WOMEN ON THEIR JOURNEY FROM HOMELESSNESS TO SAFE AND STABLE LIVING. 500

TUBMAN CENTER FOR HEALTH AND FREEDOM

PO BOX 18612
SEATTLE,WA98118 		NONE 501(C)(3) TO PROVIDE PRIMARY AND PREVENTATIVE CARE, COMMUNITY RESOURCES, SOCIAL SERVICES, POLITICAL EDUCATION AND ADVOCACY. 9,857

UPAYA SOCIAL VENTURES

500 YALE AVE N
SEATTLE,WA98109 		NONE 501(C)(3) TO CREATE DIGNIFIED JOBS FOR THE POOREST OF THE POOR BY BUILDING SCALABLE BUSINESSES WITH INVESTMENT AND CONSULTING SUPPORT. 5,000

UPLIFT NORTHWEST

2515 WESTERN AVE
SEATTLE,WA98121 		NONE 501(C)(3) TO PROVIDE HUNDREDS OF WORKERS TO A WIDE VARIETY OF COMMERCIAL AND RESIDENTIAL EMPLOYERS. 500

BOOGER FUND

4521 2ND AVE NE
SEATTLE,WA98105 		NONE 501(C)(3) TO PROVIDE RIDER DEVELOPMENT AND GUIDANCE TO YOUTH AGED 6-23 YEARS OLD. 5,000

EVERGREEN GOODWILL

700 DEARBORN PL S
SEATTLE,WA98144 		NONE 501(C)(3) TO PROVIDE FREE JOB TRAINING, BASIC EDUCATION, AND SUPPORT SERVICES TO THOUSANDS OF INDIVIDUALS IN OUR COMMUNITY. 1,000

FORGOTTEN CHILDREN'S FUND

5264 SHORE MEADOW RD
FREELAND,WA98249 		NONE 501(C)(3) TO GIVE DESERVING CHILDREN AND THEIR FAMILIES A TRULY MERRY CHRISTMAS. 1,000

NATIONAL MULTIPLE SCLEROSIS SOCIETY

180 NICKERSON ST STE 100
SEATTLE,WA98109 		NONE 501(C)(3) TO HELP PEOPLE AFFECTED BY MS LIVE THEIR BEST LIVES. 100

NISQUALLY LAND TRUST

100 BROWN FARM RD NE
OLYMPIA,WA98516 		NONE 501(C)(3) TO PROTECT LANDS TO PERMANENTLY BENEFIT THE WATER, FISH, WILDLIFE, AND PEOPLE OF THE NISQUALLY RIVER WATERSHED. 3,000

SEATTLE ART MUSEUM

1300 FIRST AVENUE
SEATTLE,WA98101 		NONE 501(C)(3) TO SHARE ITS GLOBAL COLLECTIONS, POWERFUL EXHIBITIONS, AND DYNAMIC PROGRAMS TO ENGAGE, EDUCATE, AND INSPIRE. 3,760

ST JOSEPH SCHOOL

700 18TH AVE E
SEATTLE,WA98112 		NONE 501(C)(3) TO MAKE THE HIGHEST QUALITY, JESUIT, CATHOLIC EDUCATION ACCESSIBLE AND AFFORDABLE TO ALL. 10,500

IIT KANPUR FOUNDATION

3790 EL CAMINO REAL 1038
PALO ALTO,CA94306 		NONE 501(C)(3) TO FUND AND PROMOTE OVERALL BETTERMENT OF STUDENTS, FACULTY AND ALUMNI BODY OF THE INDIAN INSTITUTE OF TECHNOLOGY, KANPUR. 156,250

PACIFIC SCIENCE CENTER

200 SECOND AVENUE N
SEATTLE,WA981094895 		NONE 501(C)(3) TO IGNITE CURIOSITY IN EVERY CHILD AND FUELS A PASSION FOR DISCOVERY, EXPERIMENTATION, AND CRITICAL THINKING IN ALL OF US. 1,400

THE WATER PROJECT

17 DEPOT STREET 2ND FLOOR
CONCORD,NH03301 		NONE 501(C)(3) TO PROVIDE RELIABLE, ONGOING WATER AND SANITATION SERVICE AND SUPPORT TO COMMUNITIES AROUND THE WORLD WHO SUFFER NEEDLESSLY FROM A LACK OF ACCESS TO CLEAN WATER AND PROPER SANITATION. 500

AMERICAN CIVIL LIBERTIES UNION FOUNDATION

125 BROAD STREET 18TH FL
NEW YORK,NY100042400 		NONE 501(C)(3) TO SUPPORT VOTING RIGHTS, LGBTQ EQUALITY, REPRODUCTIVE FREEDOM, FREE SPEECH AND MORE IN EVERY STATE. 10,000

ARTS CORPS

4408 DELRIDGE WY SW 110
SEATTLE,WA98106 		NONE 501(C)(3) TO WORK TOWARD A WORLD WHERE BARRIERS TO ARTS EDUCATION NO LONGER EXIST AND ALL YOUNG PEOPLE CAN CREATIVELY LEAD THE TRANSFORMATION OF SCHOOLS, NEIGHBORHOODS, AND BEYOND. 1,500

DOCTORS WITHOUT BORDERS

40 RECTOR STREET 16TH FLOOR
NEW YORK,NY100061751 		NONE 501(C)(3) TO DELIVER EMERGENCY CARE TO PEOPLE CAUGHT IN CRISIS. 250

GIDDENS SCHOOL

2120 21ST AVE S
SEATTLE,WA98144 		NONE 501(C)(3) TO GROUND IN EQUITY AND JUSTICE, INSPIRES CHILDREN TO ACTIVELY ENGAGE IN BETTERING THEIR WORLD. 5,000

HINDU TEMPLE AND CULTURAL CENTER

3818 212TH STREET SE
BOTHELL,WA98021 		NONE 501(C)(3) TO PROMOTE SOCIAL, CULTURAL, RELIGIOUS, AND SPIRITUAL UNDERSTANDING BASED UPON VEDIC PRINCIPLES. 1,000

HOLOCAUST CENTER FOR HUMANITY

2045 2ND AVE
SEATTLE,WA98121 		NONE 501(C)(3) TO TEACHE LESSONS OF THE HOLOCAUST, INSPIRING STUDENTS OF ALL AGES TO CONFRONT BIGOTRY AND INDIFFERENCE, PROMOTE HUMAN DIGNITY, AND TAKE ACTION. 250

KANDELIA

3829B S EDMUNDS ST BOX 9
SEATTLE,WA98118 		NONE 501(C)(3) TO REMOVE BARRIERS TO OPPORTUNITIES SO IMMIGRANT AND REFUGEE COMMUNITIES CAN FLOURISH WITHOUT COMPROMISING VALUES, HERITAGE OR ETHNICITY. 1,000

KBTC PUBLIC TELEVISION

2320 S 19TH ST
TACOMA,WA98405 		NONE 501(C)(3) TO ENGAGE VIEWERS, COMMUNITIES, AND SUPPORTERS BY DELIVERING MEDIA EXPERIENCES THAT EDUCATE, INSPIRE, AND ENTERTAIN. 250

RAVE FOUNDATION

999 3RD AVE 3050
SEATTLE,WA98104 		NONE 501(C)(3) TO USE SOCCER AS A TOOL TO INSPIRE YOUTH, STRENGTHEN COMMUNITIES, AND ENCOURAGE PHYSICAL ACTIVITY. 1,000

RETT SYNDROME RESEARCH TRUST

67 UNDER CLIFF RD
TRUMBULL,CT06611 		NONE 501(C)(3) WORKING TO CURE RETT SYNDROME. 1,000

SAN JUAN PRESERVATION TRUST

PO BOX 759
FRIDAY HARBOR,WA98250 		NONE 501(C)(3) TO CONNECT PEOPLE TO NATURE, TO EACH OTHER, AND TO THE PRESERVATION TRUST. 500

SALAAM CULTURAL MUSEUM AND MEDICAL MISSIONS

3806 WHITMAN AVE N
SEATTLE,WA98103 		NONE 501(C)(3) TO FOSTER CULTURAL UNDERSTANDING AND PROVIDE HUMANITARIAN AID, PRIMARILY IN THE MIDDLE EAST AND NORTH AFRICA (MENA) REGION. 1,000

SEATTLE GIRLS CHOIR

1300 E ALOHA ST
SEATTLE,WA98102 		NONE 501(C)(3) TO PROVIDE YOUNG SINGERS WITH A HIGH-QUALITY MUSIC EDUCATION AND A SENSE OF BELONGING WITHIN A SUPPORTIVE COMMUNITY. 2,500

SHRINERS HOSPITALS FOR CHILDREN

2900 N ROCKY POINT DRIVE
TAMPA,FL33607 		NONE 501(C)(3) TO PROVIDE CARE TO CHILDREN WITH SPECIFIC HEALTHCARE NEEDS, CONDUCTING RESEARCH, AND EDUCATING HEALTHCARE PROFESSIONALS. 228

ST JUDE CHILDREN'S RESEARCH HOSPITAL

262 DANNY THOMAS PLACE
MEMPHIS,TN38105 		NONE 501(C)(3) TO ADVANCE CURES, AND MEANS OF PREVENTION, FOR PEDIATRIC CATASTROPHIC DISEASES THROUGH RESEARCH AND TREATMENT. 200

WASHINGTON STEM

210 SOUTH HUDSON STREET
SEATTLE,WA98134 		NONE 501(C)(3) TO LEVERAGE STEM (SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS) FOR SOCIAL CHANGE. 1,000

HARE KRISHNA TEMPLE

1420 228TH AVE SE
SAMMAMISH,WA98075 		NONE 501(C)(3) TO SYSTEMATICALLY PROPAGATE SPIRITUAL KNOWLEDGE, EDUCATE PEOPLE IN TECHNIQUES OF SPIRITUAL LIFE, AND PROMOTE A CONSCIOUSNESS OF KRISHNA (GOD), ULTIMATELY STRIVING FOR UNITY, PEACE, AND SPIRITUAL FULFILLMENT. 1,000
Total .................................right arrow 3a 987,111
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 949 12,265
4 Dividends and interest from securities ....     14 608,745  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 1,969,026  
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 2,578,720 12,265
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,590,985
(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.)
3 IRC SEC. 103 - TAX EXEMPT INCOME, NET OF ALLOCATED INVESTMENT EXPENSES
Form 990-PF (2024)
Form 990-PF (2024)
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 Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
SATYA AND RAO REMALA FOUNDATION
C/O SMITH BUNDAY BERMAN BRITTON PS
Employer identification number

91-6477106
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
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
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
SATYA AND RAO REMALA FOUNDATION
C/O SMITH BUNDAY BERMAN BRITTON PS 		Employer identification number
91-6477106
Part I
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
RAO AND SATYA REMALA
8827 NE 36TH STREET
 
BELLEVUE, WA98004

$ 397,105


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
RAO AND SATYA REMALA
8827 NE 36TH STREET
 
BELLEVUE, WA98004

$ 429,770


(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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
SATYA AND RAO REMALA FOUNDATION
C/O SMITH BUNDAY BERMAN BRITTON PS 		Employer identification number

91-6477106
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
 1000 SHARES MICROSOFT CORPORATION STOCKS $ 397,105 2024-01-22
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 1000 SHARES MICROSOFT CORPORATION STOCKS $ 429,770 2024-05-22
(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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
SATYA AND RAO REMALA FOUNDATION
C/O SMITH BUNDAY BERMAN BRITTON PS 		Employer identification number

91-6477106
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.) $  
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) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
SATYA AND RAO REMALA FOUNDATION
 
C/O SMITH BUNDAY BERMAN BRITTON PS
EIN:
91-6477106
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 17,131 8,566 0 8,565

TY 2024 GeneralExplanationAttachment
Name:
SATYA AND RAO REMALA FOUNDATION
 
C/O SMITH BUNDAY BERMAN BRITTON PS
EIN:
91-6477106
Identifier Return Reference Explanation
  FORM 990-PF, PAGE 5, PART VI-A, LINE 12 DURING THE 2024 TAX YEAR, FOUNDATION MADE A DONATION OF $97,185 TO THE SEATTLE FOUNDATION IN A DONOR ADVISED FUND. THE FOUNDATION TREATED THE ENTIRE $97,185 DONATION AS A QUALIFYING DISTRIBUTION. THE TAXPAYER MAKES FREQUENT DONATIONS TO THE SEATTLE FOUNDATION AND JOINS WITH THE AREA'S CHARITABLE COMMUNITY UTILIZING THE SEATTLE FOUNDATION'S INFORMATION GATHERING FOR ASSESSMENT OF CHARITABLE NEEDS IN THE COMMUNITY. THE SEATTLE FOUNDATION SERVES TO FACILATE THE PLANNING FOR MULTI-YEAR GRANTS TO AREA CHARITIES AS WELL AS LARGER SINGLE DONATIONS TO CHARITIES IN NEED.

TY 2024 InvestmentsCorpBondsSchedule
Name:
SATYA AND RAO REMALA FOUNDATION
 
C/O SMITH BUNDAY BERMAN BRITTON PS
EIN:
91-6477106
Name of Bond End of Year Book Value End of Year Fair Market Value
74764.014 SHS LORD ABBETT BOND-DEBENTU 575,897 530,077
50499.821 SHS PIMCO INCOME INSTL 572,163 531,258
21191.03 SHS VANGUARD ULTRA-SHORT-TERM 426,731 424,456
200779.883 SHS DODGE & COX INCOME I 2,599,840 2,485,655
51241.933 SHS AB DISCOVERY VALUE ADVIS 1,238,872 1,103,239
34499.384 SHS ARTISAN INTERNATIONAL SM 646,889 600,289
31122.31 SHS ARTISAN INTERNATIONAL VA 1,615,505 1,463,682
32979.65 SHS BROOKFIELD GLOBAL LISTED 445,790 441,268
9247.12 SHS COHEN & STEERS INSTL REA 471,758 443,030
41661.649 SHS CONESTOGA SMID CAP INSTI 1,067,977 1,094,035
21369.898 SHS MACQUARIE EMERGING MARKE 477,443 435,091
32872.655 SHS MORGAN STANLEY INST INTL 808,342 789,272
33224.975 SHS RBC EMERGING MARKETS EQU 457,315 435,579
GLOBAL HEALTH INVESTMENT FUND I 0 68,877

TY 2024 InvestmentsCorpStockSchedule
Name:
SATYA AND RAO REMALA FOUNDATION
 
C/O SMITH BUNDAY BERMAN BRITTON PS
EIN:
91-6477106
Name of Stock End of Year Book Value End of Year Fair Market Value
7629 SHS MICROSOFT CORP STOCK 2,338,946 3,215,624
7464 SHS VANGUARD S&P 500 ETF 1,393,633 1,377,183
41201.311 SHS VANGUARD INTERMEDIATE-TERM INVESTMENT GRADE FUND ADM 390,586 352,683
22163.097 SHS VANGUARD SHORT-TERM INVESTMENT GRADE FUND ADM 234,688 228,502
25548.590 SHS VANGUARD TOTAL INTERNATIONAL BOND IX ADM 535,716 501,519
59999.537 SHS VANGUARD TOTAL BOND MARKET INDEX FUND ADM 625,241 568,796
22184.576 SHS VANGUARD TOTAL STOCK MARKET INDEX FUND ADM 885,638 3,128,691
40449.580 SHS VANGUARD TOTAL INTERNATIONAL STOCK IX ADM 1,110,093 1,281,847
5406 SHS ISHARES CORE S&P 500 3,048,473 3,182,404

TY 2024 OtherAssetsSchedule
Name:
SATYA AND RAO REMALA FOUNDATION
 
C/O SMITH BUNDAY BERMAN BRITTON PS
EIN:
91-6477106
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
AMOUNTS TAXED, BUT NOT RECEIVED 44 -72 -72


TY 2024 OtherExpensesSchedule
Name:
SATYA AND RAO REMALA FOUNDATION
 
C/O SMITH BUNDAY BERMAN BRITTON PS
EIN:
91-6477106
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CREDIT CARD FEES 553 0 0 553
PARKING 38 0 0 38
BUSINESS EXPENSES 1,414 0 0 1,414
TRAVEL 297 0 0 297
MISC -13 0 0 -13
ADVERTISING 605 0 0 605
COMPUTER EXPENSES 304 0 0 304


TY 2024 OtherIncreasesSchedule
Name:
SATYA AND RAO REMALA FOUNDATION
 
C/O SMITH BUNDAY BERMAN BRITTON PS
EIN:
91-6477106
Description Amount
UNREALIZED LOSS 87,350


TY 2024 OtherLiabilitiesSchedule
Name:
SATYA AND RAO REMALA FOUNDATION
 
C/O SMITH BUNDAY BERMAN BRITTON PS
EIN:
91-6477106
Description Beginning of Year - Book Value End of Year - Book Value
CREDIT CARDS PAYABLE 110 6,228


TY 2024 OtherProfessionalFeesSchedule
Name:
SATYA AND RAO REMALA FOUNDATION
 
C/O SMITH BUNDAY BERMAN BRITTON PS
EIN:
91-6477106
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT ADVISOR 50,500 50,500 0 0


TY 2024 TaxesSchedule
Name:
SATYA AND RAO REMALA FOUNDATION
 
C/O SMITH BUNDAY BERMAN BRITTON PS
EIN:
91-6477106
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX 11,459 11,459 0 0
INCOME TAX 22,710 22,710 0 0