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
ATWOOD FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)301 W NORTHERN LIGHTS BLVD 412
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ANCHORAGE, AK99503
A Employer identification number

92-6002571
B Telephone number (see instructions)

(907) 743-2800
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$56,653,256J 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) 0
2 Check right arrow.............
3 Interest on savings and temporary cash investments 13 13  
4 Dividends and interest from securities... 665,369 1,721,734  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 4,925,784
b Gross sales price for all assets on line 6a 10,969,170
7 Capital gain net income (from Part IV, line 2)... 5,129,293
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
76,819 240,395  
12 Total. Add lines 1 through 11........ 5,667,985 7,091,435  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 190,444 0   190,444
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
29,400 1,980   16,170
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
384,779 581,029   19,861
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
40,225 2,917   0
19 Depreciation (attach schedule) and depletion... 138 0  
20 Occupancy.............. 27,518 0   26,331
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
36,906 0   31,935
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 709,410 585,926   284,741
25 Contributions, gifts, grants paid....... 2,410,806 2,350,806
26 Total expenses and disbursements. Add lines 24 and 25 3,120,216 585,926   2,635,547
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,547,769
b Net investment income (if negative, enter -0-) 6,505,509
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.............      
2 Savings and temporary cash investments......... 3,984,607 3,179,681 3,179,681
3 Accounts receivable right arrow1,013,288
Less: allowance for doubtful accounts right arrow     1,013,288 1,013,288
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)....... 17,297,534 Click to see attachment
List of Attached Documents:
// Content
18,395,164 		18,395,164
c Investments—corporate bonds (attach schedule).......      
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).......... 29,518,593 Click to see attachment
List of Attached Documents:
// Content
34,043,653 		34,043,653
14 Land, buildings, and equipment: basis right arrow16,666
Less: accumulated depreciation (attach schedule) right arrow11,753 5,051 4,913 4,913
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
16,557 		Click to see attachment
List of Attached Documents:
// Content
16,557 		Click to see attachment
List of Attached Documents:
// Content
16,557
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 50,822,342 56,653,256 56,653,256
Liabilities 17 Accounts payable and accrued expenses.......... 114  
18 Grants payable................. 5,000 60,000
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 5,114 60,000
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........... 50,817,228 56,593,256
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 50,817,228 56,593,256
30 Total liabilities and net assets/fund balances (see instructions). 50,822,342 56,653,256
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
50,817,228
2
Enter amount from Part I, line 27a .....................
2
2,547,769
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
3,228,259
4
Add lines 1, 2, and 3 ..........................
4
56,593,256
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
56,593,256
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 ALTERNATIVE INVESTMENTS P    
b PUBLICLY TRADED SECURITIES      
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 3,654,507   1,716,196 1,938,311
b 7,314,663   4,123,681 3,190,982
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       1,938,311
b       3,190,982
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 5,129,293
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 90,427
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 90,427
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 90,427
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 63,777
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 70,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 133,777
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 43,350
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow43,350 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowAK
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.ATWOODFOUNDATION.ORG
14
The books are in care ofright arrowLATASH INVESTMENTS LLC Telephone no.right arrow (907) 743-2800

Located atright arrow301 W NORTHERN LIGHTS BLVD 412ANCHORAGEAK ZIP+4right arrow99503
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
DAVID TOBIN CHAIRMAN
0.50 		0 0 0
301 W NORTHERN LIGHTS BLVD
ANCHORAGE,AK99503
CAROLYN HEYMAN VICE CHAIR
0.50 		0 0 0
301 W NORTHERN LIGHTS BLVD
ANCHORAGE,AK99503
SPENCER SHROYER TREASURER/SECRETARY
1.50 		0 0 0
301 W NORTHERN LIGHTS BLVD
ANCHORAGE,AK99503
MARIA DOWNEY DIRECTOR
0.50 		0 0 0
301 W NORTHERN LIGHTS BLVD
ANCHORAGE,AK99503
NATASHA VON IMHOF DIRECTOR
0.50 		0 0 0
301 W NORTHERN LIGHTS BLVD
ANCHORAGE,AK99503
TIM THOMPSON DIRECTOR
0.50 		0 0 0
301 W NORTHERN LIGHTS BLVD
ANCHORAGE,AK99503
JEANNETTE LEE FALSEY DIRECTOR
0.50 		0 0 0
301 W NORTHERN LIGHTS BLVD
ANCHORAGE,AK99503
MEGAN OLSON DIRECTOR
0.50 		0 0 0
301 W NORTHERN LIGHTS BLVD
ANCHORAGE,AK99503
IRA PERMAN EXECUTIVE DIRECTOR UNTIL JULY 2024
29.00 		135,000 0 0
301 W NORTHERN LIGHTS BLVD
ANCHORAGE,AK99503
SARA PERMAN EXECUTIVE DIRECTOR
29.00 		55,444 0 0
301 W NORTHERN LIGHTS BLVD
ANCHORAGE,AK99503
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
LATASH INVESTMENTS LLC INVESTMENT MANAGEMENT 256,109
301 W NORTHERN LIGHTS BLVD 412
ANCHORAGE,AK99503
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
29,231,385
b
Average of monthly cash balances.......................
1b
2,662,266
c
Fair market value of all other assets (see instructions)................
1c
22,127,564
d
Total (add lines 1a, b, and c).........................
1d
54,021,215
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
54,021,215
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
810,318
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
53,210,897
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,660,545
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
2,660,545
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
90,427
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
301
c
Add lines 2a and 2b............................
2c
90,728
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,569,817
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
2,569,817
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
2,569,817
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
2,635,547
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
2,635,547
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 2,569,817
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 190,438
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$ 2,635,547
a Applied to 2023, but not more than line 2a 190,438
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..... 2,445,109
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 .......... 		124,708
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:
ATWOOD FOUNDATION ATTN SARA PERMAN
301 W NORTHERN LIGHTS BLVD 440
ANCHORAGE,AK99503
(907) 274-4900
bThe form in which applications should be submitted and information and materials they should include:
WRITTEN REQUEST STATING NEEDS
cAny submission deadlines:
DECEMBER 31 ANNUALLY
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
TAX-EXEMPT CHARITABLE ORGANIZATIONS, ALASKAN ORGANIZATIONS PREFERRED
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

49 WRITERS

PO BOX 140014
ANCHORAGE,CA99508 		  PC 2024-2025 PROGRAM SUPPORT 10,000

ALASKA ARTS SOUTHEAST INC

110 COLLEGE DR SUITE 111
ANCHORAGE,AK99508 		  PC SCHOLARSHIPS, TRAVEL SUPPORT FOR ANCHORAGE YOUTH TO ATTEND SITKA FINE ARTS CAMP 25,000

ALASKA CENTER FOR THE PERFORMING ARTS

621 W 6TH AVE
ANCHORAGE,AK99509 		  PC FACILITY ASSESSMENT OF MAJOR THEATRICAL SPACES 40,000

ALASKA CHAMBER SINGERS

PO BOX 102055
ANCHORAGE,AK99517 		  PC 2024-2025 SEASON SUPPORT 10,000

ALASKA CHILDREN'S MUSEUM

900 ANDERSON ST
ANCHORAGE,AK99504 		  PC CAPITAL: POP-UP MOBILE MUSEUM PODS 10,000

ALASKA COMMUNITY FOUNDATION

3201 C ST SUITE 110
GIRDWOOD,AK99587 		  PC ALASKA CENTER FOR EXCELLENCE IN JOURNALISM AND ALASKA PRESS CLUB 210,000

ALASKA COMMUNITY FOUNDATION

3201 C ST SUITE 110
GIRDWOOD,AK99587 		  PC TRAIL SIGN/CHUGACHPARK FUND 1,500

ALASKA DANCE THEATRE

550 E 33RD AVE
HOMER,AK99603 		  PC SUPPORT ALASKA DANCE THEATRE'S PERFORMING COMPANY 22,000

ALASKA GEOGRAPHIC ASSOCIATION

421 W 1ST AVE
GIRDWOOD,AK99524 		  PC YOUTH WITH ART OUTDOORS IN ALASKAS PUBLIC LANDS 5,000

ALASKA HISTORICAL SOCIETY

PO BOX 100299
ANCHORAGE,AK99508 		  PC PRINCIPLES OF CIVIL DISCOURSE: PUBLIC LECTURE AND PANEL DISCUSSIONS 9,550

ALASKA JAZZ WORKSHOP

1600 WOLVERINE ST
ANCHORAGE,AK99508 		  PC JAZZ EDUCATION PROGRAMS FOR JR & HIGH SCHOOL, SUMMER JAZZ CAMP, ETC 20,000

ALASKA JUNIOR THEATER

430 W 7TH AVE SUITE 30
ANCHORAGE,AK99517 		  PC SEASON SUPPORT 70,000

ALASKA MUSIC ARCHIVES

12840 LUPINE RD
ANCHORAGE,AK99501 		  PC RECORDING OF ALASKAN MUSIC PERFORMANCES, DOCUMENTATION AND MUSIC DIGITIZATION 8,500

ALASKA NATIVE MEDIA GROUP

PO BOX 90398
ANCHORAGE,AK99508 		  PC ALASKA NATIVE BOOK FAIR AND NATIVE AUTHORS GATHERING 2,680

ALASKA PACIFIC UNIVERSITY

4101 UNIVERSITY DR
ANCHORAGE,AK99502 		  PC ATWOOD MERIT SCHOLARSHIPS 150,000

ALASKA SCHOOL ACTIVITIES ASSOCIATION

4048 LAUREL ST SUITE 203
ANCHORAGE,AK99518 		  PC ALL-STATE MUSIC FESTIVAL AND SOLO & ENSEMBLE MUSIC FESTIVAL 15,000

ALASKA SOUND CELEBRATION

PO BOX 91749
ANCHORAGE,AK99501 		  PC CELEBRATE THE MUSIC PERFORMANCE, ALASKA A CAPELLA UNIVERSITY, AND MASTER EDUCATION COURSES 20,000

ALASKA STRING CAMPS INC

PO BOX 671474
ANCHORAGE,AK99507 		  PC MUSIC CAMP TUITION REDUCTION AND INSTRUCTOR PAY 7,500

ALASKA THEATRE OF YOUTH

4105 E TURNAGAIN BLVD
ANCHORAGE,AK99524 		  PC 2024-2025 SEASON SUPPORT 25,000

ALASKA WORLD AFFAIRS COUNCIL

737 W 5TH AVE SUITE 210
ANCHORAGE,AK99501 		  PC EVANGELINE ATWOOD DISTINGUISHED SPEAKERS SERIES AND STUDENT PROGRAMS 35,000

ALASKA WORLD AFFAIRS COUNCIL

737 W 5TH AVE SUITE 210
ANCHORAGE,AK99501 		  PC MEDIA LITERACY LECTURE 3,000

ALASKA WORLD ARTS FESTIVAL

556 HIDDEN WAY
ANCHORAGE,AK99516 		  PC ARTIST FEES OF NON-ANCHORAGE ARTISTS 5,000

ALASKA YOUTH ORCHESTRAS

1505 W 32ND AVE
ANCHORAGE,AK99501 		  PC SEASON SUPPORT 40,000

ALASKA ZOO

4731 OMALLEY RD
ANCHORAGE,AK99508 		  PC INTERNET CONNECTIVITY FOR ITS SUMMER EDUCATION PROGRAMS 14,350

AMERICAN RED CROSS OF ALASKA

235 E 8TH AVE SUITE 200
ANCHORAGE,AK99502 		  PC SERVICES TO ALASKA'S ARMED FORCES 10,000

ANCHORAGE BOWL CHAMBER ORCHESTRA

4222 RESURRECTION DR
ANCHORAGE,AK99503 		  PC PRODUCTION COSTS: TWO FREE CONCERTS 4,226

ANCHORAGE CHAMBER MUSIC FESTIVAL

5029 VANCE DR
ANCHORAGE,AK99518 		  PC 12TH ANNUAL ANCHORAGE CHAMBER MUSIC FESTIVAL 15,000

ANCHORAGE CHAMBER OF COMMERCE

1016 W 6TH AVE SUITE 303
ANCHORAGE,AK99514 		  PC ANNUAL MILITARY APPRECIATION PICNIC 11,000

ANCHORAGE CIVIC ORCHESTRA

PO BOX 233256
ANCHORAGE,AK99503 		  PC SEASON SUPPORT 7,000

ANCHORAGE CLASSICAL BALLET ACADEMY

1309 W 29TH AVE
ANCHORAGE,AK99508 		  PC SEASON SUPPORT 20,000

ANCHORAGE COMMUNITY CONCERT BAND

PO BOX 140615
ANCHORAGE,AK99501 		  PC PRODUCTION COSTS: TWO FREE CONCERTS 10,000

ANCHORAGE COMMUNITY THEATRE

1133 E 70TH AVE
ANCHORAGE,AK99518 		  PC 71ST SEASON SUPPORT 45,000

ANCHORAGE COMMUNITY THEATRE

1133 E 70TH AVE
ANCHORAGE,AK99518 		  PC TECHNICAL AND PERFORMANCE WORKSHOPS AND CLASSES TRAINING ANCHORAGE ARTISTS 24,500

ANCHORAGE CONCERT ASSOCIATION

430 W 7TH AVE SUITE 200
GIRDWOOD,AK99587 		  PC SEASON SUPPORT 100,000

ANCHORAGE CONCERT CHORUS

PO BOX 241447
ANCHORAGE,AK99501 		  PC PRODUCTION COSTS: HOLIDAY POPS 15,000

ANCHORAGE DOWNTOWN PARTNERSHIP LTD

425 C ST
ANCHORAGE,AK99501 		  PC SUMMER MUSIC IN PERATROVICH PARK, SUMMER SOLSTICE CELEBRATION, ETC 50,000

ANCHORAGE FESTIVAL OF MUSIC

PO BOX 100272
ANCHORAGE,AK99509 		  PC PRODUCTION COSTS: THE DRAGON OF WANTLEY 15,000

ANCHORAGE INTERNATIONAL FILM FESTIVAL

200 W 34TH AVE SUITE 136
GIRDWOOD,AK99524 		  PC FESTIVAL STAFFING FOR MARKETING PLUS FILMMAKER TRAVEL TO ALASKA 22,000

ANCHORAGE MUSEUM ASSOCIATION

625 C ST
ANCHORAGE,AK99510 		  PC EDUCATION PROGRAMS, EXHIBIT, NORTH X NORTH, SEED LAB AND ATWOOD ARCHIVE CENTER 175,000

ANCHORAGE OPERA

1507 SPAR AVE
ANCHORAGE,AK99501 		  PC 2024-25 SEASON SUPPORT 125,000

ANCHORAGE SYMPHONY ORCHESTRA

400 D ST SUITE 230
ANCHORAGE,AK99518 		  PC SEASON SUPPORT 120,000

ARMED SERVICES YMCA OF ALASKA

PO BOX 6272
ANCHORAGE,AK99503 		  PC PROGRAMMATIC SUPPORT: ACTIVE DUTY MILITARY FAMILY PROGRAMS 15,000

ASIAN ALASKAN CULTURAL CENTER

4807 NORTHWOOD DR
ANCHORAGE,AK99509 		  PC PERFORMANCES OF VISITING PERFORMERS FROM CALIFORNIA, AND ASD BUS TRANSPORTATION 10,000

BUNNELL STREET ARTS CENTER

106 W BUNNELL AVE SUITE A
ANCHORAGE,CA99508 		  PC WILD SHORE NEW MUSIC - A JOINT PROJECT WITH ANCHORAGE MUSEUM 10,000

CAMP FIRE ALASKA

161 KLEVIN ST SUITE 100
ANCHORAGE,AK99501 		  PC OPERATION PURPLE SUMMER CAMP - SCHOLARSHIPS FOR MILITARY YOUTH 10,000

COOK INLET HOUSING AUTHORITY

3510 SPENARD RD SUITE 100
DOUGLAS,AK99824 		  GOV SUMMER ARTS CAMP AT THE NAVE IN SPENARD 5,000

COOK INLET TRIBAL COUNCIL

3600 SAN JERONIMO DR
ANCHORAGE,AK99517 		  PC MEALS AND CULTURAL EXPERT STIPENDS FOR YOUTH CAMPS AND SCHOOL PROGRAMS 11,500

COVENANT HOUSE OF ALASKA

755 A ST
ANCHORAGE,AK99508 		  PC PROGRAMMATIC SUPPORT: ART, MUSIC AND CULTURAL ENRICHMENT PROGRAMS FOR TEENS 20,000

CYRANO'S THEATER COMPANY

3800 DEBARR RD
ANCHORAGE,AK99509 		  PC OPERATING SUPPORT FOR 2024 SEASON 65,000

DANCEWEST BOOSTER CLUB

11501 JENNIFER ANN CIR
ANCHORAGE,AK99523 		  PC CHOREOGRAPHY, WORKSHOPS, COSTUMING, PRODUCTION COSTS FOR WEST HIGH SCHOOL DANCEWEST PROGRAM 10,000

ENGINE 557 RESTORATION COMPANY

PO BOX 875360
ANCHORAGE,AK99517 		  PC CONTRACT SERVICES OF A STEAM LOCOMOTIVE CONSULTANT/SPECIALIST 10,000

ENLACES

PO BOX 93466
ANCHORAGE,AK99501 		  PC EXHIBIT PREPARATION: "LATINOS IN ALASKA: OUR FOOTPRINT" 10,000

FILM INDEPENDENT INC

5670 WILSHIRE BLVD 9TH FLOOR
ANCHORAGE,AK99504 		  PC INDEPENDENT ART FILM 15,000

FORAKER GROUP

161 KLEVIN ST SUITE 101
ANCHORAGE,AK99501 		  PC CAPACITY BUILDING SERVICES FOR ATWOOD GRANTEES 60,000

GIRDWOOD ART INSTITUTE

PO BOX 1034
GIRDWOOD,AK99587 		  PC ALASKA BOOKMOBILE: ONE WEEK SUMMER ART CAMP AT ANCHORAGE MUSEUM 5,000

GIRDWOOD ART INSTITUTE

PO BOX 1034
GIRDWOOD,AK99587 		  PC GIRDWOOD SUMMER FINE ARTS CAMP'S TEEN LEADERSHIP TRAINING PROJECT AND EMERGING ARTIST RESIDENCY 5,000

GOLD STAR PEAK INC

PO BOX 772413
ANCHORAGE,AK99514 		  PC GENERAL SUPPORT 5,000

IRISH CLUB OF ALASKA

PO BOX 241854
ANCHORAGE,AK99508 		  PC GALWAY DAYS IRISH FESTIVAL IN DOWNTOWN, AND OTHER PROGRAMS 8,000

IRISH DANCE ACADEMY OF ALASKA

4105 E TURNAGAIN BLVD
ANCHORAGE,AK99501 		  PC PROGRAM SUPPORT: CHOREOGRAPHY WORKSHOPS, ANNUAL CELTIC RENDEZVOUS, DANCE COMPETITION 7,500

KENAI MOUNTAINS-TANHC

PO BOX 1934
SITKA,AK99835 		  GOV ALASKA OUTDOOR SCHOOL: 5TH GRADE ART & CULTURE LESSONS 10,000

KEYS TO LIFE

200 W 34TH AVE SUITE 902
ANCHORAGE,AK99502 		  PC PROJECT SUPPORTS 25,000

KOAHNIC BROADCAST COMPANY

3600 SAN JERONIMO DR SUITE 480
SITKA,AK99835 		  PC STATEWIDE BROADCAST OF 2024 AFN CONVENTION 20,000

MOMENTUM DANCE COLLECTIVE

PO BOX 230291
ANCHORAGE,AK99509 		  PC 2024-2025 SEASON SUPPORT 36,000

NORTHERN CULTURE EXCHANGE

645 G ST SUITE 100-866
ANCHORAGE,AK99501 		  PC MULTIPLE MUSIC PROJECTS 60,000

NORTHERN CULTURE EXCHANGE

645 G ST SUITE 100-866
ANCHORAGE,AK99501 		  PC PLACEMENT SUMMER ART DAY CAMP FOR MIDDLE AND HIGH SCHOOL STUDENTS 12,000

OUT NORTH

PO BOX 90369
ANCHORAGE,AK99524 		  PC 2024 FRINGE FESTIVAL, DIA DE MUERTOS AND KONR RADIO'S COMMUNITY PROJECTS 27,500

PERSEVERANCE THEATER INC

914 3RD ST
ANCHORAGE,AK99508 		  PC 2024-2025 ANCHORAGE SEASON SUPPORT 25,000

PULSE DANCE COMPANY

2422 E TUDOR RD
ANCHORAGE,AK99501 		  PC SUPPORT OF 2024/25 DANCE PERFORMANCES, ARTIST RESIDENCIES AND YOUTH PROGRAMS 42,000

SITKA MUSIC FESTIVAL

104 JEFF DAVIS ST
ANCHORAGE,AK99518 		  PC AUTUMN AND WINTER CLASSICS CONCERTS IN ANCHORAGE 35,000

SPENARD SONG CIRCLE

1248 MEDFRA ST
JBER,AK99506 		  PC PRODUCTION SUPPORT: 2024-2025 SEASON 10,000

SPIRIT OF YOUTH

PO BOX 243721
JBER,AK99506 		  PC TWO DREAMER YOUTH SCHOLARSHIP AWARDS 4,000

STORYKNIFE WRITERS RETREAT

PO BOX 75
ANCHORAGE,AK99503 		  PC STORYKNIFE WRITER FELLOWSHIP 6,500

THE ALASKA CENTER EDUCATION FUND

808 E ST SUITE 100
ANCHORAGE,AK99508 		  PC INFUSING ART, HISTORY AND PHOTOGRAPHY INTO TRAILSIDE DISCOVERY SUMMER CAMP 10,000

THE ARC OF ANCHORAGE

2211 ARCA DR
ANCHORAGE,AK99508 		  PC RE-LAUNCH MONTHLY SPARC FIRST FRIDAY EVENTS 10,000

THE SALVATION ARMY

143 E 9TH AVE
ANCHORAGE,AK99501 		  PC KINGS LAKE MUSIC CAMP SCHOLARSHIPS 15,000

TOMODACHI DAIKO INC

7500 JEWEL LAKE RD
ANCHORAGE,AK99502 		  PC TAIKO DRUM REPAIRS AND ASD RENT 5,000

TOMODACHI DAIKO INC

7500 JEWEL LAKE RD
ANCHORAGE,AK99502 		  PC ARTIST WORKSHOP TRAVEL COSTS AND ASD RENT 12,000

UNIVERSITY OF ALASKA ANCHORAGE

PO BOX 141609
SITKA,AK99835 		  GOV KACHEMAK BAY WRITERS CONFERENCE - VISITING AUTHORS 5,000

UNIVERSITY OF ALASKA FOUNDATION

1815 BRAGAW ST SUITE 203
ANCHORAGE,AK99508 		  PC UAA DANCE - ONE PUBLIC PERFORMANCE 3,000

UNIVERSITY OF ALASKA FOUNDATION

1815 BRAGAW ST SUITE 203
ANCHORAGE,AK99508 		  PC UAA SEAWOLF DEBATE PROGRAM 15,000

UNIVERSITY OF ALASKA FOUNDATION

1815 BRAGAW ST SUITE 203
ANCHORAGE,AK99508 		  PC ELAINE ATWOOD JOURNALISM SCHOLARSHIPS 50,000

UNIVERSITY OF ALASKA FOUNDATION

1815 BRAGAW ST SUITE 203
ANCHORAGE,AK99508 		  PC UAA DANCE PROGRAM/YEAR 2 OF 3 AND EXTEND COMMITMENT TO YEAR 4 30,000

UNIVERSITY OF ALASKA FOUNDATION

1815 BRAGAW ST SUITE 203
ANCHORAGE,AK99508 		  PC MEDIA LITERACY "TEACH-IN" AT UAA CONSORTIUM LIBRARY 5,000

WELLROUNDED ARTS

2921 PELICAN DR
ANCHORAGE,AK99508 		  PC SEASON 10 OF PARLOR IN THE ROUND 25,000

WEST HIGH SCHOOL PTSA UNDER ALASKA PTS

1700 HILLCREST DR
ANCHORAGE,AK99501 		  PC WORLD STRIDES HERITAGE FESTIVAL TRAVEL SCHOLARSHIPS 12,000

YOUTH EXPLORING ADVENTURES INC

7015 ABBOTT RD
ANCHORAGE,AK99503 		  PC 12 FREE SUMMER MUSIC CONCERTS AT HILLTOP SKI SLOPE 6,000

ALASKA CULTURAL TRUST

3201 C ST SUITE 110
ANCHORAGE,AK99524 		  PC FUNDRAISING AND INVESTMENT SUPPORT 25,000
Total .................................right arrow 3a 2,350,806
bApproved for future payment

UNIVERSITY OF ALASKA ANCHORAGE
PO BOX 141609
SITKA,AK99835 		  GOV GENERAL SUPPORT 60,000
Total ................................. right arrow 3b 60,000
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 13  
4 Dividends and interest from securities .... 901101 40 14 665,329  
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 ............ 		901101 32,708 18 4,893,076  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aALTERNATIVE INVESTMENTS 		901101 -2,060 14 78,879  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 30,688 5,637,297 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
5,667,985
(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.)
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
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Form 990-PF (2024)
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Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
ATWOOD FOUNDATION INC
EIN:
92-6002571
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 29,400 1,980   16,170

TY 2024 InvestmentsCorpStockSchedule
Name:
ATWOOD FOUNDATION INC
EIN:
92-6002571
Name of Stock End of Year Book Value End of Year Fair Market Value
DODGE AND COX INTERNATIONAL 336,727 336,727
HARRIS AND ASSOCIATES 12,261,440 12,261,440
ILLINOIS TOOL WORKS INC 1,040,864 1,040,864
MICROSOFT CORP 316,125 316,125
POLUNIN DEVELOPING COUNTRIES 1,039,591 1,039,591
PRIMECAP ODYSSEY GROWTH FUND 1,767,696 1,767,696
UBER TECHNOLOGIES INC 408,789 408,789
WELLS FARGO & CO 1,223,932 1,223,932

TY 2024 InvestmentsOtherSchedule2
Name:
ATWOOD FOUNDATION INC
EIN:
92-6002571
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ABRY ADVANCED SECURITIES III FMV 240,008 240,008
ABRY ADVANCED SECURITIES IV LP FMV 449,337 449,337
ABRY PARTNERS IX LP FMV 908,425 908,425
ABRY PARTNERS VIII LP FMV 97,218 97,218
CARMEL IX FMV 222,363 222,363
CARMEL PARTNERS INVESTMENT FUND III LP FMV 62,679 62,679
CARMEL PARTNERS INVESTMENT FUND V LP FMV 506,968 506,968
CARMEL PARTNERS INVESTMENT FUND VI LP FMV 482,814 482,814
CARMEL PARTNERS INVESTMENT FUND VII LP FMV 771,909 771,909
CARMEL PARTNERS INVESTMENT FUND VIII LP FMV 920,192 920,192
CERBERUS INSTITUTIONAL REAL ESTATE III LP FMV 120,717 120,717
CERBERUS INSTITUTIONAL REAL ESTATE IV LP FMV 265,137 265,137
CERBERUS INSTITUTIONAL REAL ESTATE V LP FMV 984,443 984,443
CERBERUS LEVERED LOAN OPPORTUNITIES (OFFSHORE) III LP FMV 132,741 132,741
CERBERUS LEVERED LOAN OPPORTUNITIES (OFFSHORE) IV LP FMV 374,840 374,840
CERBERUS LEVERED LOAN OPPORTUNITIES (OFFSHORE) V LP FMV 356,546 356,546
CERBERUS RE VI FMV 318,749 318,749
DARWIN VENTURE CAPITAL FUND OF FUNDS II LP FMV 4,269,840 4,269,840
DARWIN VENTURE CAPITAL FUND OF FUNDS LP FMV 236,675 236,675
DARWIN VENTURE CAPITAL FUND OF FUNDS V LP FMV 1,155,755 1,155,755
ENCAP ENERGY CAPITAL FUND VIII-B LP FMV 395,473 395,473
ENCAP ENERGY CAPITAL FUND IX-C LP FMV 244,712 244,712
ENCAP ENERGY CAPITAL FUND X-C LP FMV 478,884 478,884
ENCAP ENERGY CAPITAL FUND XI-C LP FMV 845,035 845,035
ENCAP ENERGY CAPITAL FUND XII LP FMV 368,782 368,782
ENCAP FLATROCK MIDSTREAM FUND II-C LP FMV 109,487 109,487
ENCAP FLATROCK MIDSTREAM FUND III-C LP FMV 509,218 509,218
ENCAP FLATROCK MIDSTREAM FUND IV-C LP FMV 689,920 689,920
ENCAP FLATROCK MIDSTREAM FUND V LP FMV 474,117 474,117
ENDEAVOUR CAPITAL FUND VIII LP FMV 716,898 716,898
GRIDIRON ENERGY FEEDER I LP FMV 704,072 704,072
INTECH US LARGE CAP GROWTH FUND LLC FMV 9,817,796 9,817,796
INVENTUS CAPITAL PARTNERS FUND II LTD FMV 341,620 341,620
LS POWER EQUITY PARTNERS III LP FMV 1,230,539 1,230,539
LS POWER EQUITY PARTNERS IV LP FMV 1,347,577 1,347,577
LS POWER EQUITY PARTNERS V LP FMV 162,285 162,285
NEW VERNON INDIA (CAYMAN) FUND II FMV 4,516 4,516
PINNACLE EQUITY FUND FMV 1,712,206 1,712,206
PINNACLE INTERNATIONAL FMV 386,088 386,088
PRECISION CAPITAL SPECIAL OPPORTUNITIES FUND IV LP FMV 39,843 39,843
PRECISION CAPITAL SPECIAL OPPORTUNITIES FUND V LP FMV 256,221 256,221
SHORENSTEIN SRI IX REIT FMV 964 964
SHORENSTEIN SRI VIII REIT FMV 123,451 123,451
SOLSTICE ABS CDO III FMV 1 1
SPC LLC FMV 1 1
SWANSON RIVER FMV 125,000 125,000
TEPPCO CRUDE OIL LLC FMV 15,000 15,000
TRAINER WORTHAM CDO FMV 66,591 66,591

TY 2024 OtherAssetsSchedule
Name:
ATWOOD FOUNDATION INC
EIN:
92-6002571
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
ART 14,610 14,610 14,610
SECURITY DEPOSIT 1,947 1,947 1,947


TY 2024 OtherExpensesSchedule
Name:
ATWOOD FOUNDATION INC
EIN:
92-6002571
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OFFICE EXPENSE 2,093 0   1,843
INSURANCE 1,955 0   1,955
DUES AND SUBSCRIPTIONS 10,697 0   10,697
OTHER 22,161 0   17,440


TY 2024 OtherIncomeSchedule2
Name:
ATWOOD FOUNDATION INC
EIN:
92-6002571
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ALTERNATIVE INVESTMENTS 76,819 240,395 76,819


TY 2024 OtherIncreasesSchedule
Name:
ATWOOD FOUNDATION INC
EIN:
92-6002571
Description Amount
UNREALIZED GAIN ON INVESTMENTS 3,228,259


TY 2024 OtherProfessionalFeesSchedule
Name:
ATWOOD FOUNDATION INC
EIN:
92-6002571
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PASSTHROUGH INVESTMENT EXPENSES 0 216,111   0
INVESTMENT MANAGEMENT 364,918 364,918   0
CONSULTING FEES 19,861 0   19,861


TY 2024 TaxesSchedule
Name:
ATWOOD FOUNDATION INC
EIN:
92-6002571
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX 0 2,917   0
STATE TAX 225 0   0
EXCISE TAX 40,000 0   0