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

91-6053760
B Telephone number (see instructions)

(253) 572-2442
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$94,823,817J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,721,855 1,589,781  
5a Gross rents............ 79,978 79,978  
b Net rental income or (loss) 79,978
6a Net gain or (loss) from sale of assets not on line 10 5,118,163
b Gross sales price for all assets on line 6a 16,995,657
7 Capital gain net income (from Part IV, line 2)... 5,118,163
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
166,398 107,318  
12 Total. Add lines 1 through 11........ 7,086,394 6,895,240  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 261,927 0   261,927
14 Other employee salaries and wages...... 179,120 0   179,120
15 Pension plans, employee benefits....... 27,182 0   27,182
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
10,409 4,745   5,664
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
58,009 20,009   38,000
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
503,313 448,295   55,018
17 Interest............... 10,579 0   10,579
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
131,476 47,546   36,683
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
39,734 0  
20 Occupancy.............. 22,159 0   22,159
21 Travel, conferences, and meetings....... 17,497 0   17,497
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
111,946 26,732   85,214
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,373,351 547,327   739,043
25 Contributions, gifts, grants paid....... 3,411,165 3,411,165
26 Total expenses and disbursements. Add lines 24 and 25 4,784,516 547,327   4,150,208
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,301,878
b Net investment income (if negative, enter -0-) 6,347,913
c Adjusted net income (if negative, enter -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............. 15,137 90,944 90,944
2 Savings and temporary cash investments......... 1,229,898 838,012 838,012
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.......... 75,848 63,601 63,601
10a Investments—U.S. and state government obligations (attach schedule) 7,446,621 Click to see attachment
List of Attached Documents:
// Content
7,574,147 		7,213,196
b Investments—corporate stock (attach schedule)....... 35,748,039 Click to see attachment
List of Attached Documents:
// Content
37,038,744 		61,303,393
c Investments—corporate bonds (attach schedule)....... 4,321,067 Click to see attachment
List of Attached Documents:
// Content
5,213,496 		5,062,699
11 Investments—land, buildings, and equipment: basis right arrow989,025
Less: accumulated depreciation (attach schedule) right arrow295,621 711,743 Click to see attachment
List of Attached Documents:
// Content
693,404 		981,491
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 16,386,042 Click to see attachment
List of Attached Documents:
// Content
16,702,793 		18,338,741
14 Land, buildings, and equipment: basis right arrow1,101,665
Less: accumulated depreciation (attach schedule) right arrow644,758 477,207 Click to see attachment
List of Attached Documents:
// Content
456,907 		693,475
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
161,375 		Click to see attachment
List of Attached Documents:
// Content
186,244 		Click to see attachment
List of Attached Documents:
// Content
238,265
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 66,572,977 68,858,292 94,823,817
Liabilities 17 Accounts payable and accrued expenses.......... 41,520 34,833
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 312,367 302,491
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
5,317 		Click to see attachment
List of Attached Documents:
// Content
5,317
23 Total liabilities (add lines 17 through 22)......... 359,204 342,641
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 66,213,773 68,515,651
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 66,213,773 68,515,651
30 Total liabilities and net assets/fund balances (see instructions). 66,572,977 68,858,292
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
66,213,773
2
Enter amount from Part I, line 27a .....................
2
2,301,878
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
68,515,651
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
68,515,651
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   P 2010-01-01 2024-12-31
b   P 2010-01-01 2024-12-31
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 16,252,824   11,877,494 4,375,330
b 742,833     742,833
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       4,375,330
b       742,833
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 5,118,163
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 88,236
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 88,236
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 88,236
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 63,561
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 24,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 87,561
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 675
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
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, CA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 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 instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.BENBCHENEYFOUNDATION.ORG
14
The books are in care ofright arrowDPC Telephone no.right arrow (253) 572-9922

Located atright arrow1940 E D ST SUITE 200TACOMAWA ZIP+4right arrow98421
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 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)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 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
ERIKA TUCCI EXECUTIVE DIRECTOR
40.00 		185,000 36,927 0
1339 NORTH FIR STREET
TACOMA,WA98406
BRADBURY F CHENEY BOARD CHAIR
30.00 		57,054 13,993 0
4210 HORSEHEAD BAY RD NW
GIG HARBOR,WA98335
CAROLYN CHENEY VICE CHAIR
1.00 		5,500 0 0
4210 HORSEHEAD BAY RD NW
GIG HARBOR,WA98335
MATTHEW BECKINGHAM TREASURER
1.00 		5,500 0 0
5835 54TH ST WEST
UNIVERSITY PLACE,WA98467
JORDAN BECKINGHAM SECRETARY
1.00 		5,500 0 0
58330 WEST HAMM LANE
EAGLE,ID83616
ANDREW CHENEY DIRECTOR
1.00 		5,500 0 0
8215 56TH AVE NW
GIG HARBOR,WA98332
BOB HALL DIRECTOR
1.00 		5,500 0 0
20 NORTH ORCHARD RD
TACOMA,WA98406
HENRY CHENEY DIRECTOR
1.00 		5,500 0 0
2322 NORTH 31ST ST 3
TACOMA,WA98403
JAMIE FOSTER DIRECTOR
1.00 		4,750 0 0
366 FARALLONE AVE
FIRCREST,WA98466
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
JENETTE WARNE PROGRAM OFFICER
38.00 		68,543 12,733 0
2701 S 224TH ST
DES MOINES,WA98198
CAROL L LEWIS FORMER EXEC ASSISTAN
38.00 		55,648 0 0
5515 S 11TH ST
TACOMA,WA98465
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
WELLS FARGO INVESTMENT MANAGEMENT 306,849
1201 PACIFIC AVENUE SUITE 1100
TACOMA,WA98402
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (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
89,039,108
b
Average of monthly cash balances.......................
1b
1,887,838
c
Fair market value of all other assets (see instructions)................
1c
1,421,668
d
Total (add lines 1a, b, and c).........................
1d
92,348,614
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
92,348,614
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,385,229
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
90,963,385
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
4,548,169
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
4,548,169
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
88,236
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
88,236
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
4,459,933
4
Recoveries of amounts treated as qualifying distributions................
4
59,080
5
Add lines 3 and 4............................
5
4,519,013
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
4,519,013
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
4,150,208
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
4,150,208
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 4,519,013
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 4,075,271
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$ 4,150,208
a Applied to 2023, but not more than line 2a 4,075,271
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..... 74,937
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 .......... 		4,444,076
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).)
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 e-mail address of the person to whom applications should be addressed:
ERIKA TUCCI
3110 RUSTON WAY SUITE A
TACOMA,WA98402
(253) 572-2442
bThe form in which applications should be submitted and information and materials they should include:
NONE
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
WASHINGTON, OREGON, AND SELECTED AREAS OF NORTHERN CALIFORNIA
Form 990-PF (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

MULTICARE HEALTH FOUNDATIONS

820 A ST
TACOMA,WA98402 		  501C3 MARY BRIDGE CHILDREN'S HOSPITAL CAPITAL CAMPAIGN 525,000

CISPUS LEARNING CENTER

2142 CISPUS ROAD
RANDLE,WA98377 		  501C3 CISPUS ADA SIDEWALKS 14,580

HISTORIC TOWN OF WILKESON

540 CHURCH STREET
WILKESON,WA98396 		  501C3 COMMUNITY HUB MATCHING GRANT 5,000

SHANAMAN SPORTS MUSEUM

9908 63RD AVE CT E
PUYALLUP,WA98373 		  501C3 TRIBUTE TO CHAMPIONS EVENT SUPPORT 2,000

PACIFIC INTERNATIONAL LEAGUE

20035 SE 302ND CT
KENT,WA98042 		  501C3 BOARD DIRECTED GIFT 5,500

WASHINGTON TRAILS ASSOCIATION

705 SECOND AVE SUITE 300
SEATTLE,WA98104 		  501C3 EXPANDING YOUTH ACCESS TO THE OUTDOORS - PIERCE COUNTY OUTDOOR LEADERSHIP TRAINING (OLT) PROGRAM 10,000

FOUR WAY COMMUNITY FOUNDATION

PO BOX 652
GRANTS PASS,OR97528 		  501C3 SYSTEMS REVIEW TECHNICAL ASSISTANCE 8,000

NETWORK TACOMA

PO BOX 323
TACOMA,WA98401 		  501C3 ONE FAMILY AT A TIME: VENTURE REHABILITATION 15,000

GREENTRIKE

1501 PACIFIC AVE STE 202
TACOMA,WA98402 		  501C3 MATCHING GIFT 2,500

GREENTRIKE

1501 PACIFIC AVE STE 202
TACOMA,WA98402 		  501C3 MATCHING GIFT 5,100

YWCA OF KITSAP COUNTY WA

905 PACIFIC AVENUE
BREMERTON,WA98337 		  501C3 CARING FOR YOUNG SURVIVORS OF DOMESTIC AND SEXUAL VIOLENCE 10,000

NONPROFIT ASSOCIATION OF OREGON

4800 SW MACADAM AVE SUITE 325
PORTLAND,OR97224 		  501C3 SPONSORSHIP OF 2024 NAO CONFERENCE IN OREGON 1,000

BOYS & GIRLS CLUBS OF SOUTH PUGET SOUND

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

BOYS & GIRLS CLUBS OF SOUTH PUGET SOUND

3875 SOUTH 66TH STREET SUITE 101
TACOMA,WA98409 		  501C3 MATCHING GIFT 250

FIRST TEE OF SOUTH PUGET SOUND

7108 LAKEWOOD DR W
TACOMA,WA98467 		  501C3 FIRST TEE PROGRAM SUPPORT 15,000

PACIFIC LUTHERAN UNIVERSITY

12180 PARK AVENUE S
TACOMA,WA98447 		  501C3 PHASE 3: COMMUNITY SERVING INVESTMENTS IN PLUS SCIENCE EDUCATION FACILITIES 300,000

YMCA OF PIERCE AND KITSAP COUNTIES

4717 S 19TH ST STE 201
TACOMA,WA98405 		  501C3 KIDS NIGHT 2024 35,000

UNIVERSITY OF PUGET SOUND

1500 N WARNER 1094
TACOMA,WA98416 		  501C3 CHENEY FOUNDATION SCHOLARSHIP PROGRAM 2024-2025 60,000

FOOTHILLS RAILS-TO-TRAILS COALITION

PO BOX 192
PUYALLUP,WA98321 		  501C3 BUCKLEY FOOTHILLS TRAILHEAD AND PAVILION PROJECT 20,000

MERCY FOUNDATION NORTH

2625 EDITH AVE STE E
REDDING,CA96001 		  501C3 REGIONAL CANCER CENTER 75,000

UNIVERSITY OF WASHINGTON TACOMA

1900 COMMERCE ST
TACOMA,WA98402 		  501C3 UW TACOMA: SPORTS ENTERPRISE MANAGEMENT PROGRAM 60,000

PACIFIC INTERNATIONAL LEAGUE

20035 SE 302ND CT
KENT,WA98042 		  501C3 2024 SEASON SUPPORT 40,000

HABITAT FOR HUMANITY TACOMAPIERCE COUNTY

4824 SOUTH TACOMA WAY
TACOMA,WA98409 		  501C3 BUILDING HOPE CAMPAIGN 500,000

COMMUNITY HEALTH CARE

1148 BROADWAY SUITE 100
TACOMA,WA98402 		  501C3 MATCHING GIFT 50

HABITAT FOR HUMANITY TACOMAPIERCE COUNTY

4824 SOUTH TACOMA WAY
TACOMA,WA98409 		  501C3 MATCHING GIFT 250

CANDID

32 OLD SLIP 24TH FL
NEW YORK,NY10005 		  501C3 CONNECTING NONPROFITS TO THE RESOURCES THEY NEED TO THRIVE 2,000

SAINT PATRICK CATHOLIC SCHOOL

1112 NORTH G STREET
TACOMA,WA98403 		  501C3 2024 PLAYGROUND REPLACEMENT PROJECT, SAINT PATRICK CATHOLIC SCHOOL 15,000

UNIVERSITY OF PUGET SOUND

1500 N WARNER 1094
TACOMA,WA98416 		  501C3 BRAD & CAROLYN CHENEY MATCHING GIFT TO LOGGER ATHLETICS 1,000

URBAN GRACE

902 MARKET STREET
TACOMA,WA98402 		  501C3 FOOD FOR FEEDING PROGRAM 15,000

FIRST TEE OF SOUTH PUGET SOUND

7108 LAKEWOOD DR W
TACOMA,WA98467 		  501C3 MATCHING GRANT 190

FIRST TEE OF SOUTH PUGET SOUND

7108 LAKEWOOD DR W
TACOMA,WA98467 		  501C3 MATCHING GIFT 190

FIRST TEE OF SOUTH PUGET SOUND

7108 LAKEWOOD DR W
TACOMA,WA98467 		  501C3 MATCHING GIFT 190

JEFFERSON COMMUNITY FOUNDATION

PO BOX 1394
PORT HADLOCK,WA98339 		  501C3 BUILDING STRONG AND COLLABORATIVE NONPROFITS IN JEFFERSON COUNTY WA 30,000

HISTORIC SLAVONIAN HALL FOUNDATION (HISTORIC SLAVONIAN HALL FOUNDATION)

PO BOX 7139
TACOMA,WA98417 		  501C3 RESTORATION AND PRESERVATION OF THE HISTORIC SLAVONIAN HALL 30,000

BOYS & GIRLS CLUB OF THE OLYMPIC PENINSULA

PO BOX 4167
SEQUIM,WA98382 		  501C3 PORT ANGELES CLUBHOUSE ENHANCEMENT PLAN 25,000

KITSAP HUMANE SOCIETY

9167 DICKEY RD NW
SILVERDALE,WA98383 		  501C3 FELINE HOLDING KENNELS REPLACEMENT/RENOVATION PROJECT 25,000

PENINSULA METROPOLITAN PARK DISTRICT (GREATER TACOMA COMMUNITY FOUNDATION)

2416 14TH AVENUE NW
GIG HARBOR,WA98335 		  501C3 PENMET PARKS RECREATION CENTER 100,000

TACOMA RESCUE MISSION

PO BOX 1912
TACOMA,WA98401 		  501C3 GOOD NEIGHBOR VILLAGE 500,000

HARBOR HISTORY MUSEUM

PO BOX 744
GIG HARBOR,WA98335 		  501C3 SHENDANDOAH PROJECT EXHIBITS 25,000

WOODWORTH FAMILY FOUNDATION

3110 RUSTON WAY SUITE D
TACOMA,WA98402 		  501C3 2024 RACE FOR THE CLUBS 2,500

UNIVERSITY OF PUGET SOUND

1500 N WARNER 1094
TACOMA,WA98416 		  501C3 2024 HIGH SCHOOL SCHOLARSHIP 3,000

WASHINGTON STATE UNIVERSITY

382 MURROW
PULLMAN,WA99164 		  501C3 2024 HIGH SCHOOL SCHOLARSHIPS 6,000

WHITWORTH UNIVERSITY

300 W HAWTHORNE RD
SPOKANE,WA99251 		  501C3 2024 HIGH SCHOOL SCHOLARSHIP 3,000

ROCKY MOUNTAIN COLLEGE

1511 POLY DR
BILLINGS,MT59102 		  501C3 2024 HIGH SCHOOL SCHOLARSHIP 3,000

PACIFIC LUTHERAN UNIVERSITY

12180 PARK AVENUE S
TACOMA,WA98447 		  501C3 2024 HIGH SCHOOL SCHOLARSHIP 3,000

OREGON STATE UNIVERSITY

1500 SW JEFFERSON AVE
CORVALLIS,OR97331 		  501C3 2024 HIGH SCHOOL SCHOLARSHIP 3,000

PIERCE COLLEGE

9401 FARWEST DR SW
LAKEWOOD,WA98498 		  501C3 2024 HIGH SCHOOL SCHOLARSHIP 3,000

EVERGREEN STATE COLLEGE

2700 EVERGREEN PKWY NW
OLYMPIA,WA98505 		  501C3 2024 HIGH SCHOOL SCHOLARSHIP 3,000

BRIGHAM YOUNG UNIVERSITY

1 MAIN STREET
PROVO,UT84602 		  501C3 2024 HIGH SCHOOL SCHOLARSHIP - 3,000

GEORGIA INSTITUTE OF TECHNOLOGY

225 NORTH AVE NW
ATLANTA,GA30332 		  501C3 2024 HIGH SCHOOL SCHOLARSHIP - 3,000

HILLSBOROUGH COMMUNITY COLLEGE

10451 NANCY WATKINS DR
BRANDON,FL33619 		  501C3 HIGH SCHOOL SCHOLARSHIP 3,000

BOISE STATE UNIVERSITY

1910 W UNIVERSITY DR
BOISE,ID83725 		  501C3 2024 HIGH SCHOOL SCHOLARSHIP 3,000

SAN DIEGO STATE UNIVERSITY

5500 CAMPANILE DR
SAN DIEGO,CA92182 		  501C3 2024 HIGH SCHOOL SCHOLARSHIP 3,000

HARVEY MUDD COLLEGE

301 PLATT BLVD
CLAREMONT,CA91711 		  501C3 2024 HIGH SCHOOL SCHOLARSHIP 3,000

PACIFIC UNIVERSITY

2043 COLLEGE WAY
FOREST GROVE,OR97116 		  501C3 2024 HIGH SCHOOL SCHOLARSHIP 3,000

CHAPMAN UNIVERSITY

1 UNIVERSITY DR
ORANGE,CA92866 		  501C3 2024 HIGH SCHOOL SCHOLARSHIP 3,000

CLARK COMMUNITY COLLEGE

1933 FORT VANCOUVER WAY
VANCOUVER,WA98663 		  501C3 2024 HIGH SCHOOL SCHOLARSHIP 3,000

GONZAGA UNIVERSITY

E 502 BOONE AVENUE
SPOKANE,WA99258 		  501C3 2024 HIGH SCHOOL SCHOLARSHIP 3,000

THE UNIVERSITY OF ALABAMA

911 UNIVERSITY BLVD
TUSCALOOSA,AL35487 		  501C3 2024 HIGH SCHOOL SCHOLARSHIP 3,000

WASHINGTON UNIVERSITY IN ST LOUIS

1 BROOKINGS DR
ST LOUIS,MO63130 		  501C3 2024 HIGH SCHOOL SCHOLARSHIP 3,000

UNIVERSITY OF WASHINGTON

129 SCHMITZ HALL
SEATTLE,WA98195 		  501C3 2024 HIGH SCHOOL SCHOLARSHIPS 12,000

BRIGHAM YOUNG UNIVERSITY IDAHO

525 S CENTER ST
REXBURG,ID83460 		  501C3 2024 HIGH SCHOOL SCHOLARSHIP 3,000

GRAND CANYON UNIVERSITY

3300 W CAMELBACK RD
PHOENIX,AZ85017 		  501C3 2024 HIGH SCHOOL SCHOLARSHIP 3,000

UNIVERSITY OF THE PACIFIC

3601 PACIFIC AVE
STOCKTON,CA95211 		  501C3 2024 HIGH SCHOOL SCHOLARSHIP 3,000

GRAND CANYON UNIVERSITY

3300 W CAMELBACK RD
PHOENIX,AZ85017 		  501C3 2024 HIGH SCHOOL SCHOLARSHIP 3,000

CENTRAL WASHINGTON UNIVERSITY

400 E UNIVERSITY WAY
ELLENSBURG,WA98926 		  501C3 2024 HIGH SCHOOL SCHOLARSHIP 3,000

UTAH STATE

OLD MAIN HILL
LOGAN,UT84322 		  501C3 2024 HIGH SCHOOL SCHOLARSHIP 3,000

QUEENS UNIVERSITY OF CHARLOTTE

1900 SELWYN AVE
CHARLOTTE,NC28274 		  501C3 2024 HIGH SCHOOL SCHOLARSHIP 3,000

EASTERN WASHINGTON UNIVERSITY

102 SUTTON HALL
CHENEY,WA99004 		  501C3 2024 HIGH SCHOOL SCHOLARSHIP 3,000

UNITED WAY OF KITSAP COUNTY

645 4TH ST STE 101
BREMERTON,WA98337 		  501C3 DAVID FOOTE NON PROFIT CENTER HVAC UNIT 14,750

SEVENTH STREET THEATRE

PO BOX 777
HOQUIAM,WA98550 		  501C3 FRONT FACADE AND ALLEY WALL RESTORATION PROJECT 15,000

HARBOR CHRISTIAN CENTER

PO BOX 1610
GIG HARBOR,WA98335 		  501C3 HCC BACK TO SCHOOL SHOE DRIVE 240

GRANTS PASS HIGH SCHOOL ATHLETIC BOOSTER CLUB

PO BOX 945
GRANTS PASS,OR97528 		  501C3 EVERGREEN SPORTS COMPLEX LIGHTING PROJECT 15,000

EAGLE POINT SCHOOL DISTRICT

203 N PLATT AVE
EAGLE POINT,OR97524 		  SCHOOL DISTRICT 2024 CHARLIE GIVEN SCHOLARSHIP AWARDS 15,000

TACOMA COMMUNITY HOUSE

1314 SOUTH L STREET
TACOMA,WA98405 		  501C3 ENTERPRISE RESOURCE PLANNING (ERP) SOFTWARE SYSTEM 15,000

HOSPICE OF HUMBOLDT

3327 TIMBER FALL CT
EUREKA,CA95503 		  501C3 VISION FOR COMPASSIONATE GROWTH - SUPPORT FOR IT EQUIPMENT AND UPGRADES 13,000

ASSOCIATION OF FUNDRAISING PROFESSIONALS SOUTH SOUND CHAPTER

PO BOX 18119
TACOMA,WA98419 		  501C3 2024 SOUTH SOUND PHILANTHROPY CONFERENCE SUPPORT 1,000

STEP BY STEP FAMILY SUPPORT CENTER

PO BOX 488
MILTON,WA98354 		  501C3 MATCHING GIFT 104

PARTNERS FOR PARKS

1401 MARVIN RD NE STE 307 504
LACEY,WA98516 		  501C3 THE H-BARN PROJECT AT FORT STEILACOOM PARK 25,000

BRYANT NEIGHBORHOOD CENTER (TRINITY PRESBYTERIAN CHURCH)

1615 SIXTH AVE
TACOMA,WA98405 		  501C3 BNC BATHROOM REMODEL 30,000

SCOUTING OF AMERICA PACIFIC HARBORS COUNCIL (BOY SCOUTS)

4802 S 19TH
TACOMA,WA98405 		  501C3 CAMP THUNDERBIRD EXCAVATOR 30,000

GOODROOTS NORTHWEST (BONNEY LAKE FOOD BANK)

24015 STATE ROUTE 410E
BUCKLEY,WA98321 		  501C3 LOCKER ROLL OUT EXPANSION PROJECT 48,065

GRAND CINEMA

606 S FAWCETT AVE
TACOMA,WA984022321 		  501C3 SAVE THE GRAND: A CAMPAIGN TO BUY OUR BUILDING & SECURE OUR FUTURE 80,000

GIRLS ON THE RUN OF WEST SOUND

PO BOX 1003
TRACYTON,WA98393 		  501C3 BOARD DIRECTED GIFT 2,000

TACOMA RESCUE MISSION

PO BOX 1912
TACOMA,WA984011912 		  501C3 BOARD DIRECTED GIFT 5,000

FELLOWSHIP OF CHRISTIAN ATHLETES

8701 LEEDS RD
KANSAS CITY,MO64129 		  501C3 BOARD DIRECTED GIFT 3,000

CHARLES WRIGHT ACADEMY

7723 CHAMBERS CREEK RD
TACOMA,WA98467 		  501C3 BOARD DIRECTED GIFT 4,500

HABITAT FOR HUMANITY TACOMAPIERCE COUNTY

4824 SOUTH TACOMA WAY
TACOMA,WA98409 		  501C3 BOARD DIRECTED GIFT 20,000

ORTING LION'S COMMUNITY PARK

19725 ORVILLE RD E
ORTING,WA98360 		  501C3 SEPTIC IMPROVEMENTS 5,000

POOL FOUNDATION

PO BOX 249
RAYMOND,WA98577 		  501C3 O.R. NEVITT MEMORIAL POOL RENOVATION-PHASE 1 15,000

GREENTRIKE

1501 PACIFIC AVE STE 202
TACOMA,WA98402 		  501C3 MATCHING GIFT 75

MULTICARE HEALTH FOUNDATIONS

BOX 5296
TACOMA,WA98415 		  501C3 BOARD DIRECTED GIFT - 5,000

STEP BY STEP FAMILY SUPPORT CENTER

PO BOX 488
MILTON,WA98354 		  501C3 BOARD DIRECTED GIFT 5,000

TACOMA MUSICAL PLAYHOUSE

7116 6TH AVE
TACOMA,WA98406 		  501C3 BOARD DIRECTED GIFT 5,000

SOUTH BEND SCHOOL FOUNDATION

PO BOX 437
SOUTH BEND,WA98586 		  501C3 SOUTH BEND MUSIC PROGRAM 10,000

GOODROOTS NORTHWEST (BONNEY LAKE FOOD BANK)

24015 STATE ROUTE 410E
BUCKLEY,WA98321 		  501C3 BOARD DIRECTED GRANT 2,500

PENINSULA METROPOLITAN PARK DISTRICT (GREATER TACOMA COMMUNITY FOUNDATION)

2416 14TH AVENUE NW
GIG HARBOR,WA98335 		  501C3 BOARD DIRECTED GIFT - 2,500

GREENTRIKE

1501 PACIFIC AVE STE 202
TACOMA,WA98402 		  501C3 MATCHING GIFT 100

LIVING OPPORTUNITIES INC

PO BOX 1105
MEDFORD,OR97501 		  501C3 ESTABLISHING HEADQUARTERS 10,000

NARROWS BASEBALL CLUB

11010 HARBOR HILL DR NW STE 327
GIG HARBOR,WA98332 		  501C3 NARROWS BASEBALL FACILITY 15,000

YMCA OF PIERCE AND KITSAP COUNTIES

4717 S 19TH ST STE 201
TACOMA,WA98405 		  501C3 MATCHING GRANT - 500

TACOMA RESCUE MISSION

PO BOX 1912
TACOMA,WA984011912 		  501C3 MATCHING GIFT - 105

CHARLES WRIGHT ACADEMY

7723 CHAMBERS CREEK RD
TACOMA,WA98467 		  501C3 BOARD DIRECTED GIFT TO BASEBALL PROGRAM - 5,000

PENINSULA SENIOR ACTIVITY CENTER

21603 O LANE
OCEAN PARK,WA98640 		  501C3 FLOORING FOR ADDITION TO THE PENINSULA SENIOR ACTIVITY CENTER IN OCEAN PARK 10,652

TACOMA-PIERCE COUNTY CHAPLAINCY

PO BOX 731055
TACOMA,WA98373 		  501C3 MATCHING GIFT 400

HABITAT FOR HUMANITY TACOMAPIERCE COUNTY

4824 SOUTH TACOMA WAY
TACOMA,WA98409 		  501C3 MATCHING GIFT 2,582

WOUNDED WARRIOR PROJECT

4899 BELFORT RD STE 300
JACKSONVILLE,FL32256 		  501C3 MATCHING GIFT 400

TUNNEL TO TOWERS FOUNDATION

2361 HYLAN BLVD
STATEN ISLAND,NY98335 		  501C3 MATCHING GIFT 420

TACOMA RESCUE MISSION

PO BOX 1912
TACOMA,WA984011912 		  501C3 MATCHING GIFT 1,044

TACOMA RESCUE MISSION

PO BOX 1912
TACOMA,WA984011912 		  501C3 MATCHING GIFT 414

GOODROOTS NORTHWEST (BONNEY LAKE FOOD BANK)

24015 STATE ROUTE 410E
BUCKLEY,WA98321 		  501C3 MATCHING GIFT 414

YOUNG LIFE UNIVERSITY PLACE & NORTH TACOMA

2401 S ORCHARD ST
TACOMA,WA98466 		  501C3 MATCHING GIFT (WHERE NEEDED) 750

MULTICARE HEALTH FOUNDATIONS

BOX 5296
TACOMA,WA98415 		  501C3 BOARD DIRECTED GIFT 10,000

LISTEN & TALK

8244 122ND AVE NE
KIRKLAND,WA98033 		  501C3 BOARD DIRECTED GIFT 10,000

HABITAT FOR HUMANITY TACOMAPIERCE COUNTY

4824 SOUTH TACOMA WAY
TACOMA,WA98409 		  501C3 MATCHING GIFT 500

YOUNG LIFE UNIVERSITY PLACE & NORTH TACOMA

2401 S ORCHARD ST
TACOMA,WA98466 		  501C3 MATCHING GIFT (YL COLLEGE TACOMA) 750

GREENTRIKE

1501 PACIFIC AVE STE 202
TACOMA,WA98402 		  501C3 MATCHING GIFT 500

BOYS & GIRLS CLUBS OF SOUTH PUGET SOUND

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

THRIVE MINISTRIES

PO BOX 2064
GIG HARBOR,WA98335 		  501C3 MATCHING GIFT 750

SUMMIT PACIFIC MEDICAL FOUNDATION

600 EAST MAIN STREET
ELMA,WA98541 		  501C3 SAVING LIVES CAMPAIGN 15,000

KIWANIS CLUB OF SOUTH BEND

PO BOX 425
SOUTH BEND,WA98586 		  501C3 KIWANIS CLUB OF SOUTH BEND SUMMER CAMP 15,000

EMERGENCY FOOD NETWORK

3318 92ND ST S
LAKEWOOD,WA984999328 		  501C3 2024 HOLIDAY GRANT 7,500

GIG HARBOR PENINSULA FISH

4303 BURNHAM DRIVE
GIG HARBOR,WA98335 		  501C3 2024 HOLIDAY GRANT 7,500

SALVATION ARMY PUYALLUP VALLEY CORPS

BOX 73298
PUYALLUP,WA98373 		  501C3 2024 HOLIDAY GRANT 7,500

NOURISH PIERCE COUNTY

1702 S 72ND ST STE E
TACOMA,WA98408 		  501C3 2024 HOLIDAY GRANT 7,500

SALVATION ARMY TACOMA CORPS

PO BOX 1254
TACOMA,WA984011254 		  501C3 2024 HOLIDAY GRANT 7,500

TACOMA RESCUE MISSION

PO BOX 1912
TACOMA,WA984011912 		  501C3 2024 HOLIDAY GRANT 7,500

BRYANT NEIGHBORHOOD CENTER (TRINITY PRESBYTERIAN CHURCH)

1615 SIXTH AVE
TACOMA,WA98405 		  501C3 MATCHING GIFT 100

PORT TOWNSEND MARINE SCIENCE CENTER

532 BATTERY WAY
PORT TOWNSEND,WA98368 		  501C3 EXHIBITS FOR GREATER IMPACT 15,000

YMCA OF PIERCE AND KITSAP COUNTIES

4717 S 19TH ST STE 201
TACOMA,WA98405 		  501C3 PEARL STREET FAMILY YMCA - PHASE 1 100,000

BOYS & GIRLS CLUBS OF SOUTH PUGET SOUND

3875 SOUTH 66TH STREET SUITE 101
TACOMA,WA98409 		  501C3 TEEN CENTER REFRESH AT AL DAVIES BOYS & GIRLS CLUB 35,000

THE CHILDREN'S MUSEUM OF SOUTHERN OREGON (KID TIME CHILDREN'S MUSEUM)

413 W MAIN ST
MEDFORD,OR97501 		  501C3 MUSEUM EXPANSION CAPITAL PROJECT 50,000

HARBOR WILDWATCH

3207 HARBORVIEW DRIVE
GIG HARBOR,WA98335 		  501C3 HARBOR WILDWATCH MARINE LIFE CENTER: INCREASING STEM INTEREST & APTITUDE FOR PIERCE COUNTY STUDENTS 25,000

YOUTH 71FIVE MINISTRIES

691 MURPHY ROAD STE 112
MEDFORD,OR975044328 		  501C3 71FIVE PARK 30,000

THE SALVATION ARMY A CALIFORNIA CORPORATION OPERATING AT MEDFORD OREGON

304 BEATTY STREET
MEDFORD,OR97501 		  501C3 THE SALVATION ARMY HOPE HOUSE EXPANSION 43,000

YOUTH MARINE FOUNDATION

820 EAST D STREET
TACOMA,WA98421 		  501C3 MATCHING GIFT 750
Total .................................right arrow 3a 3,411,165
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 ........... 		         
4 Dividends and interest from securities ....     14 1,721,855  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16 79,978  
6 Net rental income or (loss) from personal property          
7 Other investment income .....     18 107,318  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 5,118,163  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aRECOVERED DISTRIBUTIONS 		      59,080  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 7,086,394 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
7,086,394
(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 (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

TY 2024 AccountingFeesSchedule
Name:
BEN B CHENEY FOUNDATION INC
EIN:
91-6053760
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 58,009 20,009   38,000

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

TY 2024 DepreciationSchedule
Name:
BEN B CHENEY FOUNDATION INC
EIN:
91-6053760
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
SUITE A - LAND 2004-07-01 125,000   L   0 0    
SUITE A - BUILDING 2004-07-01 684,019 362,916 SL 39.000000000000 17,539 0    
SUITE A - FURNISHINGS 2018-12-01 120,131 119,059 SL 7.000000000000 1,286 0    
OFFICE EQUIPMENT 2023-03-07 167,565 177,749 SL 5.000000000000 1,479 0    
SUITE C -LAND 2005-09-01 100,000   L   0 0    
SUITE C - BUILDING 2005-09-01 367,053 188,426 SL 39.000000000000 8,568 0    
SUITE C - LHI 2005-09-01 192,698 102,947 SL 39.000000000000 10,862 0    
SUITE A - FRAMED PRINT FOR OFFICE 2024-12-20 455   SL 7.000000000000 0 0    

TY 2024 InvestmentsCorpBondsSchedule
Name:
BEN B CHENEY FOUNDATION INC
EIN:
91-6053760
Name of Bond End of Year Book Value End of Year Fair Market Value
WELLS FARGO - CORPORATE BONDS 5,213,496 5,062,699

TY 2024 InvestmentsCorpStockSchedule
Name:
BEN B CHENEY FOUNDATION INC
EIN:
91-6053760
Name of Stock End of Year Book Value End of Year Fair Market Value
WELLS FARGO - CORPORATE STOCK 37,038,744 61,303,393

TY 2024 InvestmentsGovtObligationsSch
Name:
BEN B CHENEY FOUNDATION INC
EIN:
91-6053760
US Government Securities - End of Year Book Value:

7,574,147
US Government Securities - End of Year Fair Market Value:

7,213,196
State & Local Government Securities - End of Year Book Value:


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


0


TY 2024 InvestmentsLandSchedule2
Name:
BEN B CHENEY FOUNDATION INC
EIN:
91-6053760
Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
CHENEY TENANCY-IN-COMMON 305,655 0 305,655 294,161
CHENEY MINERAL RIGHTS 23,618 0 23,618 23,618
BUILDING (SUITE C) 334,162 165,296 168,866 168,866
LAND (SUITE C) 100,000 0 100,000 399,581
TENANT IMPROVEMENTS (SUITE C) 192,698 102,698 90,000 90,000
OTHER (SUITE C) 32,892 27,627 5,265 5,265

TY 2024 InvestmentsOtherSchedule2
Name:
BEN B CHENEY FOUNDATION INC
EIN:
91-6053760
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
WELLS FARGO, ACAP STRATEGIC, PAPEF, GRE US AT COST 16,702,793 18,338,741

TY 2024 LandEtcSchedule2
Name:
BEN B CHENEY FOUNDATION INC
EIN:
91-6053760
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
FURNITURE (SUITE A) 120,586 119,064 1,522 1,522
EQUIPMENT (SUITE A) 48,213 47,259 954 954
COMPUTERS/SOFTWARE (SUITE A) 119,352 118,067 1,285 1,285
BUILDING (SUITE A) 405,117 212,513 192,604 192,604
LAND (SUITE A) 125,000 0 125,000 361,568
TENANT IMPROVEMENTS (SUITE A) 265,940 139,107 126,833 126,833
OTHER (SUITE A) 12,962 6,800 6,162 6,162
LOAN FEES (SUITE A) 4,495 1,948 2,547 2,547


TY 2024 LegalFeesSchedule
Name:
BEN B CHENEY FOUNDATION INC
EIN:
91-6053760
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 10,409 4,745   5,664


TY 2024 OtherAssetsSchedule
Name:
BEN B CHENEY FOUNDATION INC
EIN:
91-6053760
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
INTEREST/DIVIDENDS RECEIVABLE 6,777 5,329 5,329
MISCELLANEOUS RECEIVABLES -6,248 2,025 2,025
GRE DISTRIBUTION RECEIVABLE 9,017 27,061 27,061
GENESIS RECEIVABLE 151,829 151,829  
PROGRAM RELATED INVESTMNET (HABITAT)     45,239
PROGRAM RELATED INVESTMNET (YOUTH)     158,611


TY 2024 OtherExpensesSchedule
Name:
BEN B CHENEY FOUNDATION INC
EIN:
91-6053760
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE 18,700 3,534   15,166
DUES & SUBSCRIPTIONS 3,253 0   3,253
PHONE, INTERNET, CABLE 6,604 0   6,604
OFFICE SUPPLIES,POSTAGE & MISC 8,224 70   8,154
CAM RENTAL SUITE C 11,020 11,020   0
SUITE C MISC RENTAL 10,405 10,405   0
COMPUTER SERVICES AND SUBSCRIPTIONS 30,886 0   30,886
AMORTIZATION 450 0   450
EMPLOYEE TRAINING 8,344 0   8,344
BOD EXPENSES 3,135 0   3,135
COMMUNITY OUTREACH 10,925 1,703   9,222


TY 2024 OtherIncomeSchedule2
Name:
BEN B CHENEY FOUNDATION INC
EIN:
91-6053760
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ETRACS ALERIAN MLP 79,448 79,448 79,448
APOLLO PORTFOLIO INCOME 29,369 29,369 29,369
HABOURVEST ACCESS -1,499 -1,499 -1,499
RECOVERED DISTRIBUTIONS 59,080   59,080


TY 2024 OtherLiabilitiesSchedule
Name:
BEN B CHENEY FOUNDATION INC
EIN:
91-6053760
Description Beginning of Year - Book Value End of Year - Book Value
SECURITY DEPOSIT 5,317 5,317


TY 2024 OtherProfessionalFeesSchedule
Name:
BEN B CHENEY FOUNDATION INC
EIN:
91-6053760
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 306,849 306,849   0
OTHER FEES 196,464 141,446   55,018


TY 2024 TaxesSchedule
Name:
BEN B CHENEY FOUNDATION INC
EIN:
91-6053760
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL TAXES 27,805 0   27,805
FOREIGN EXCISE TAX 37,380 37,380   0
FEDERAL EXCISE TAX 47,247 0   0
REAL ESTATE TAXES 19,044 10,166   8,878