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

91-0833426
B Telephone number (see instructions)

C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$24,310,209J 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 125,356 125,356  
4 Dividends and interest from securities... 113,384 113,384  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 605,480
b Gross sales price for all assets on line 6a 2,492,825
7 Capital gain net income (from Part IV, line 2)... 605,480
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
405,828 405,828  
12 Total. Add lines 1 through 11........ 1,250,048 1,250,048  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 200,900 100,450   100,450
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
11,100 5,550   5,550
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
41,830 41,830    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
31,369 8,185   8,184
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments
List of Attached Documents:
// Content
4,070 2,066   2,004
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 289,269 158,081   116,188
25 Contributions, gifts, grants paid....... 1,040,000 1,040,000
26 Total expenses and disbursements. Add lines 24 and 25 1,329,269 158,081   1,156,188
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -79,221
b Net investment income (if negative, enter -0-) 1,091,967
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............. 169,783 75,802 75,802
2 Savings and temporary cash investments......... 130,727 166,898 166,898
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,982,971 Click to see attachment
List of Attached Documents:
// Content
1,674,020 		3,510,870
c Investments—corporate bonds (attach schedule)....... 1,941,726 Click to see attachment
List of Attached Documents:
// Content
1,808,412 		1,788,780
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans............. 1,069,605 1,114,996 1,114,996
13 Investments—other (attach schedule).......... 11,640,032 Click to see attachment
List of Attached Documents:
// Content
12,015,495 		17,652,863
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 16,934,844 16,855,623 24,310,209
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 16,934,844 16,855,623
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)..... 16,934,844 16,855,623
30 Total liabilities and net assets/fund balances (see instructions). 16,934,844 16,855,623
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
16,934,844
2
Enter amount from Part I, line 27a .....................
2
-79,221
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
16,855,623
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
16,855,623
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 50000 ABBOTT LABORATORIES 2.95% 03/15/2025 CALLABLE P 2020-01-09 2024-08-06
b 25000 DEERE & CO 2.75% 04/15/2025 CALLABLE P 2021-07-12 2024-08-06
c 50000 THE HOME DEPOT, INC. 3.35% 09/15/2025 CALLABLE P 2019-05-03 2024-08-06
d 60000 MARSH & MCLENNAN COM 3.5% 06/03/2024 CALLABLE P 2020-01-14 2024-06-03
e 40000 MASTERCARD INC 3.375% 04/01/2024 P 2018-07-18 2024-04-01
50000 PAYPAL HOLDINGS, INC 2.4% 10/01/2024 CALLABLE P 2019-10-04 2024-10-01
45000 PEPSICO, INC. 3.6% 03/01/2024 CALLABLE P 2018-07-18 2024-03-01
50000 RTX CORP 3.95% 08/16/2025 CALLABLE P 2020-01-16 2024-08-06
50 APPLE INC P 2017-04-11 2024-07-15
193 APPLE INC P 2017-04-11 2024-12-05
31 ACCENTURE PLC A P 2021-12-02 2024-08-06
4 ACCENTURE PLC A P 2022-02-18 2024-08-06
60 ALBEMARLE CORP P 2023-08-28 2024-02-20
14 AMAZON.COM INC P 2017-04-11 2024-07-15
16 AMAZON.COM INC P 2023-01-13 2024-07-15
156 AMAZON.COM INC P 2017-04-11 2024-12-05
240 APTIV PLC P 2020-06-22 2024-11-21
58 APTIV PLC P 2023-10-26 2024-11-21
50 BOEING CO P 2017-01-19 2024-01-23
40 BOEING CO P 2017-04-11 2024-01-23
20 BOEING CO P 2020-12-11 2024-01-23
36 BOEING CO P 2023-10-26 2024-01-23
61 BOEING CO P 2023-11-30 2024-01-23
97 BANK OF AMERICA CORP P 2017-12-12 2024-12-05
230 BANK OF AMERICA CORP P 2023-01-13 2024-12-05
2 BOOKING HLDGS INC P 2017-03-14 2024-12-05
15 BERKSHIRE HATHAWAY B P 2023-01-13 2024-08-06
16 BERKSHIRE HATHAWAY B P 2023-10-26 2024-08-06
25 BERKSHIRE HATHAWAY B P 2023-01-13 2024-12-05
22 CATERPILLAR INC P 2021-02-25 2024-05-31
13 CATERPILLAR INC P 2023-10-26 2024-05-31
15 CATERPILLAR INC P 2021-02-25 2024-12-05
28 CHUBB LTD P 2023-02-21 2024-12-05
187 CHIPOTLE MEXICAN GRL P 2021-10-06 2024-08-06
16 COSTCO WHOLESALE CO P 2017-01-19 2024-08-06
17 COSTCO WHSL CORP NEW P 2017-01-19 2024-12-05
40 SALESFORCE INC P 2017-04-11 2024-08-06
30 SALESFORCE INC P 2017-04-11 2024-12-05
43 CISCO SYSTEMS INC P 2023-01-13 2024-08-06
129 CISCO SYSTEMS INC P 2023-09-20 2024-08-06
109 COGNIZANT TECHNOLOGY A P 2023-07-11 2024-12-05
84 CHEVRON CORP P 2017-04-11 2024-08-29
105 CHEVRON CORP P 2017-07-27 2024-08-29
11 CHEVRON CORP P 2020-05-13 2024-08-29
14 ECOLAB INC P 2017-01-19 2024-12-05
10 ECOLAB INC P 2017-04-11 2024-12-05
199 ISHARES MSCI EAFE ETF P 2017-07-11 2024-12-05
218 ISHARES MSCI EAFE ETF P 2018-10-16 2024-12-05
31 EOG RES INC P 2017-04-11 2024-12-05
60 EOG RES INC P 2023-01-13 2024-12-05
12 EQUINIX INC REIT P 2019-03-15 2024-12-05
370 GENERAL MOTORS CO P 2021-12-02 2024-03-28
168 GENERAL MOTORS CO P 2023-10-26 2024-03-28
13 ALPHABET INC. A P 2022-10-07 2024-08-06
87 ALPHABET INC. A P 2023-01-13 2024-08-06
60 ALPHABET INC A P 2022-12-22 2024-12-05
23 ALPHABET INC A P 2023-01-13 2024-12-05
127 GLOBAL PMTS INC P 2023-08-28 2024-10-02
69 GLOBAL PMTS INC P 2023-09-20 2024-10-02
59 GLOBAL PMTS INC P 2023-10-26 2024-10-02
25 HOME DEPOT INC P 2017-04-11 2024-08-06
14 HOME DEPOT INC P 2017-04-11 2024-12-05
49 HONEYWELL INTL INC P 2023-05-09 2024-12-05
58 HUMANA INC P 2022-11-23 2024-03-28
8 HUMANA INC P 2022-12-22 2024-03-28
392 ISHARES CORE S&P MID CAP ETF P 2017-04-11 2024-12-05
180 ISHARES CORE S&P MID CAP ETF P 2022-10-07 2024-12-05
58 ISHARES RUSSELL 2000 VALUE ETF IV P 2017-04-11 2024-12-05
58 ISHARES RUSSELL 2000 VALUE ETF IV P 2017-07-11 2024-12-05
4 ISHARES RUSSELL 2000 VALUE ETF IV P 2022-10-07 2024-12-05
22 ISHARES RUSSELL 2000 GROWTH ETF P 2022-10-07 2024-08-06
53 ISHARES RUSSELL 2000 GROWTH ETF P 2020-07-09 2024-12-05
8 ISHARES RUSSELL 2000 GROWTH ETF P 2022-10-07 2024-12-05
52 ISHARES RUSSELL MID CAP GROWTH ETF P 2023-01-13 2024-08-06
102 ISHARES RUSSELL MID CAP ETF P 2022-07-11 2024-12-05
129 ISHARES RUSSELL MID CAP ETF P 2023-01-13 2024-12-05
26 JOHNSON & JOHNSON P 2017-04-11 2024-02-20
60 JOHNSON & JOHNSON P 2017-06-14 2024-02-20
102 JOHNSON & JOHNSON P 2022-05-02 2024-02-20
80 JOHNSON & JOHNSON P 2022-10-07 2024-02-20
85 J P MORGAN CHASE & C P 2022-10-07 2024-08-06
26 JPMORGAN CHASE & CO P 2017-06-14 2024-12-05
15 JPMORGAN CHASE & CO P 2022-10-07 2024-12-05
59 KKR & CO INC P 2023-11-30 2024-12-05
100 THE COCA-COLA CO P 2022-02-24 2024-12-05
75 THE COCA-COLA CO P 2022-12-22 2024-12-05
21 LINDE PLC P 2023-01-13 2024-12-05
15 ELI LILLY AND CO P 2017-04-11 2024-07-15
5 ELI LILLY AND CO P 2017-03-14 2024-08-06
10 ELI LILLY AND CO P 2017-04-11 2024-08-06
18 ELI LILLY AND CO P 2017-03-14 2024-12-05
243 LAM RESH CORP EQUITY P 2017-03-14 2024-12-05
70 LAM RESH CORP EQUITY P 2023-10-26 2024-12-05
48 MCDONALDS CORP P 2018-08-28 2024-11-01
35 MCDONALDS CORP P 2023-01-13 2024-11-01
11 MCKESSON CORP P 2024-02-20 2024-12-05
29 META PLATFORMS INC A P 2017-04-11 2024-12-05
69 MARSH & MC LENNAN CO P 2017-04-11 2024-07-15
135 MORGAN STANLEY P 2017-04-11 2024-03-28
110 MORGAN STANLEY P 2017-05-16 2024-03-28
150 MORGAN STANLEY P 2022-10-07 2024-03-28
48 MORGAN STANLEY P 2017-04-11 2024-12-05
11 MICROSOFT CORP P 2011-07-13 2024-08-06
9 MICROSOFT CORP P 2023-01-13 2024-08-06
143 MICROSOFT CORP P 2011-07-13 2024-12-05
216 NEXTERA ENERGY INC P 2017-04-11 2024-11-21
174 NEXTERA ENERGY INC P 2024-05-31 2024-11-21
249 NISOURCE INC P 2022-06-01 2024-12-05
120 NIKE INC B P 2020-07-22 2024-05-31
14 SERVICE NOW INC P 2018-06-20 2024-08-06
10 SERVICENOW INC P 2018-06-20 2024-12-05
150 NVIDIA CORP P 2020-01-28 2024-07-15
100 NVIDIA CORP P 2020-01-28 2024-08-06
458 NVIDIA CORP P 2020-01-28 2024-12-05
14 ORACLE CORP P 2023-01-13 2024-12-05
85 ORACLE CORP P 2023-10-26 2024-12-05
5 O REILLY AUTOMOTIVE P 2023-03-21 2024-12-05
5 O REILLY AUTOMOTIVE P 2023-08-14 2024-12-05
40 PALO ALTO NETWORKS P 2019-05-16 2024-08-06
28 PALO ALTO NETWORKS I P 2019-05-16 2024-12-05
655 PFIZER INC P 2015-09-09 2024-11-21
92 PFIZER INC P 2022-12-22 2024-11-21
105 PROCTER & GAMBLE P 2022-01-24 2024-05-31
11 PROCTER & GAMBLE P 2022-05-02 2024-05-31
57 PROCTER & GAMBLE CO P 2022-05-02 2024-12-05
2 PROCTER & GAMBLE CO P 2023-01-13 2024-12-05
50 PROLOGIS INC. REIT P 2022-10-07 2024-06-27
19 PROLOGIS INC. REIT P 2017-04-11 2024-08-06
80 PROLOGIS INC. REIT P 2019-01-18 2024-08-06
50 PROLOGIS INC. REIT P 2022-10-07 2024-08-06
18 SHERWIN-WILLIAMS CO P 2017-10-31 2024-12-05
253 SCHLUMBERGER LTD P 2023-11-30 2024-06-27
64 SPDR PORT S&P 500 P 2023-06-27 2024-08-06
65 SPDR PORT S&P 500 P 2023-07-11 2024-08-06
14 STRYKER CORP P 2017-04-11 2024-12-05
6 SYSCO CORP P 2022-05-13 2024-11-21
211 SYSCO CORP P 2022-08-31 2024-11-21
90 SYSCO CORP P 2023-01-13 2024-11-21
333 ISHARES TREASURY FLOATING RATE B ETF P 2022-04-01 2024-03-28
400 ISHARES TREASURY FLOATING RATE B ETF P 2023-10-30 2024-03-28
649 ISHARES TREASURY FLOATNG RATE BD ETF P 2022-04-01 2024-05-02
8 THERMO FISHER SCNTFC P 2017-01-19 2024-08-06
8 THERMO FISHER SCNTFC P 2017-04-11 2024-08-06
46 TESLA INC P 2022-03-25 2024-12-05
18 UNITEDHEALTH GRP INC P 2017-04-11 2024-08-06
2 UNITEDHEALTH GRP INC P 2023-01-13 2024-08-06
17 UNITED PARCEL SRVC B P 2021-05-14 2024-03-01
50 UNITED PARCEL SRVC B P 2022-02-18 2024-03-01
32 UNITED PARCEL SRVC B P 2022-12-22 2024-03-01
33 VISA INC A P 2017-04-11 2024-08-06
56 VISA INC A P 2017-04-11 2024-12-05
25 VANGUARD SMALL CAP ETF P 2022-10-07 2024-08-06
51 VANGUARD SMALL CAP ETF P 2017-06-14 2024-12-05
65 VANGUARD SMALL CAP ETF P 2017-06-23 2024-12-05
34 VANGUARD SMALL CAP ETF P 2022-10-07 2024-12-05
337 VANGUARD FTSE DEVELOPED MKTS ETF IV P 2017-06-23 2024-12-05
7 VANGUARD FTSE DEVELOPED MKTS ETF IV P 2017-07-11 2024-12-05
26 VANGUARD LARGE CAP ETF P 2021-10-06 2024-08-06
417 VANGUARD FTSE EMERGING MARK ETF IV P 2022-03-09 2024-12-05
250 VERIZON COMMUNICATIO P 2017-04-11 2024-11-01
315 VERIZON COMMUNICATIO P 2017-12-14 2024-11-01
84 WALMART INC P 2023-10-26 2024-12-05
250000 Schwab Treasury P 2024-08-30 2024-12-03
250000 Schwab Treasury P 2024-08-30 2024-12-06
(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 49,395   50,243 -848
b 24,569   25,330 -761
c 49,225   50,244 -1,019
d 60,000   60,000  
e 40,000   40,000  
50,000   50,000  
45,000   45,000  
49,430   50,903 -1,473
11,740   1,771 9,969
46,895   6,836 40,059
9,985   11,367 -1,382
1,288   1,289 -1
6,880   11,453 -4,573
2,674   631 2,043
3,056   1,515 1,541
34,527   7,030 27,497
12,787   18,807 -6,020
3,090   5,189 -2,099
10,656   7,950 2,706
8,525   7,139 1,386
4,262   4,621 -359
7,672   6,439 1,233
13,000   13,982 -982
4,570   2,842 1,728
10,836   7,771 3,065
10,601   3,532 7,069
6,401   4,739 1,662
6,827   5,378 1,449
11,759   7,898 3,861
7,421   4,888 2,533
4,385   3,150 1,235
5,943   3,333 2,610
8,028   5,839 2,189
10,247   6,813 3,434
13,294   2,631 10,663
16,735   2,795 13,940
9,694   3,346 6,348
10,837   2,509 8,328
1,963   2,082 -119
5,889   7,196 -1,307
8,791   7,294 1,497
12,396   9,163 3,233
15,495   11,140 4,355
1,623   973 650
3,474   1,664 1,810
2,482   1,256 1,226
15,947   12,960 2,987
17,470   14,068 3,402
4,037   3,037 1,000
7,814   7,739 75
11,638   5,298 6,340
16,778   22,435 -5,657
7,618   4,805 2,813
2,080   1,295 785
13,923   7,887 6,036
10,396   5,253 5,143
3,985   2,085 1,900
12,379   15,804 -3,425
6,726   8,513 -1,787
5,751   6,153 -402
8,964   3,708 5,256
5,980   2,076 3,904
11,083   9,666 1,417
20,137   31,126 -10,989
2,777   4,093 -1,316
26,197   13,411 12,786
12,029   8,254 3,775
10,308   6,827 3,481
10,308   6,828 3,480
711   537 174
5,808   4,752 1,056
16,511   11,160 5,351
2,492   1,728 764
5,548   4,519 1,029
9,682   6,755 2,927
12,245   9,084 3,161
4,103   3,228 875
9,469   7,974 1,495
16,097   18,212 -2,115
12,625   12,944 -319
17,161   9,129 8,032
6,400   2,255 4,145
3,692   1,611 2,081
9,323   4,438 4,885
6,294   5,991 303
4,720   4,748 -28
9,439   6,965 2,474
14,284   1,285 12,999
4,010   422 3,588
8,021   857 7,164
14,823   1,520 13,303
18,195   2,966 15,229
5,241   4,105 1,136
14,142   7,742 6,400
10,312   9,320 992
6,692   5,607 1,085
17,644   4,050 13,594
15,111   5,054 10,057
12,706   5,590 7,116
10,353   4,781 5,572
14,118   12,083 2,035
6,272   1,987 4,285
4,449   297 4,152
3,640   2,126 1,514
63,316   3,861 59,455
16,698   6,993 9,705
13,451   13,763 -312
9,292   7,798 1,494
11,292   11,821 -529
11,233   2,621 8,612
11,217   1,872 9,345
19,192   922 18,270
10,721   615 10,106
66,518   2,815 63,703
2,604   1,233 1,371
15,812   8,546 7,266
6,155   4,098 2,057
6,155   4,736 1,419
12,165   2,980 9,185
11,281   2,086 9,195
16,399   20,318 -3,919
2,303   4,733 -2,430
17,161   16,883 278
1,798   1,735 63
10,028   8,991 1,037
352   300 52
5,546   5,056 490
2,320   1,037 1,283
9,767   5,150 4,617
6,104   5,056 1,048
6,947   2,375 4,572
11,855   13,179 -1,324
3,983   3,272 711
4,046   3,367 679
5,337   1,829 3,508
450   509 -59
15,816   17,460 -1,644
6,746   7,203 -457
16,881   16,760 121
20,278   20,296 -18
32,771   32,664 107
4,892   1,153 3,739
4,892   1,222 3,670
17,105   15,439 1,666
10,375   2,983 7,392
1,153   985 168
2,514   3,680 -1,166
7,396   10,464 -3,068
4,733   5,613 -880
8,547   2,928 5,619
17,320   4,969 12,351
5,493   4,469 1,024
13,203   6,989 6,214
16,827   8,802 8,025
8,802   6,077 2,725
17,137   13,892 3,245
356   289 67
6,306   5,225 1,081
19,338   18,900 438
10,368   12,182 -1,814
13,064   16,504 -3,440
8,009   4,533 3,476
250,000   250,000  
250,000   250,000  
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       -848
b       -761
c       -1,019
d        
e        
       
       
      -1,473
      9,969
      40,059
      -1,382
      -1
      -4,573
      2,043
      1,541
      27,497
      -6,020
      -2,099
      2,706
      1,386
      -359
      1,233
      -982
      1,728
      3,065
      7,069
      1,662
      1,449
      3,861
      2,533
      1,235
      2,610
      2,189
      3,434
      10,663
      13,940
      6,348
      8,328
      -119
      -1,307
      1,497
      3,233
      4,355
      650
      1,810
      1,226
      2,987
      3,402
      1,000
      75
      6,340
      -5,657
      2,813
      785
      6,036
      5,143
      1,900
      -3,425
      -1,787
      -402
      5,256
      3,904
      1,417
      -10,989
      -1,316
      12,786
      3,775
      3,481
      3,480
      174
      1,056
      5,351
      764
      1,029
      2,927
      3,161
      875
      1,495
      -2,115
      -319
      8,032
      4,145
      2,081
      4,885
      303
      -28
      2,474
      12,999
      3,588
      7,164
      13,303
      15,229
      1,136
      6,400
      992
      1,085
      13,594
      10,057
      7,116
      5,572
      2,035
      4,285
      4,152
      1,514
      59,455
      9,705
      -312
      1,494
      -529
      8,612
      9,345
      18,270
      10,106
      63,703
      1,371
      7,266
      2,057
      1,419
      9,185
      9,195
      -3,919
      -2,430
      278
      63
      1,037
      52
      490
      1,283
      4,617
      1,048
      4,572
      -1,324
      711
      679
      3,508
      -59
      -1,644
      -457
      121
      -18
      107
      3,739
      3,670
      1,666
      7,392
      168
      -1,166
      -3,068
      -880
      5,619
      12,351
      1,024
      6,214
      8,025
      2,725
      3,245
      67
      1,081
      438
      -1,814
      -3,440
      3,476
       
       
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 2 605,480
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 -1,103
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 15,178
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 15,178
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 15,178
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 21,483
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 21,483
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 6,305
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow6,305 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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowWA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 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 arrowN/A
14
The books are in care ofright arrowSTEVEN A FINLEY CPA Telephone no.right arrow (253) 952-2992

Located atright arrowPO BOX 430MILTONWA ZIP+4right arrow98354
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
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
KIMBERLY C KLOSTER SEC-TREAS
10.00 		27,900    
1541 HEROIC RD
HAILEY,ID83333
KYLE T CRESSMAN Trustee
5.00 		8,000    
411 18TH AVENUE
KIRKLAND,WA98033
PAUL R CRESSMAN JR President
30.00 		165,000    
12 TULALIP KEY
BELLEVUE,WA98006
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 NONE 0
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (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
8,338,034
b
Average of monthly cash balances.......................
1b
274,477
c
Fair market value of all other assets (see instructions)................
1c
16,023,818
d
Total (add lines 1a, b, and c).........................
1d
24,636,329
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
24,636,329
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
369,545
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
24,266,784
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,213,339
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
1,213,339
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
15,178
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
15,178
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,198,161
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
1,198,161
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,198,161
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
1,156,188
b
Program-related investments—total from Part VIII-B..................
1b
 
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,156,188
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 1,198,161
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 1,155,185
b Total for prior years:20 , 20, 20  
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 ........  
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 1,156,188
a Applied to 2023, but not more than line 2a 1,155,185
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 1,003
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2024.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		1,197,158
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		 
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:
BYRON ALICE LOCKWOOD FOUNDATION
12 TULALIP KEY
BELLEVUE,WA98006
(253) 952-2992
bThe form in which applications should be submitted and information and materials they should include:
APPLICATIONS MUST BE IN WRITING AND INCLUDE A SPECIFIC PROJECT AND GRANT REQUEST ALONG WITH AMOUNT REQUESTED, AND A COPY OF THE ORGANIZATION'S LATEST 990 FORM.
cAny submission deadlines:
OCTOBER 1 OF EACH YEAR
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
MUST BE LOCATED IN KING COUNTY WASHINGTON
Form 990-PF (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
ACRES OF DIAMONDS


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


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


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


1415 N 45TH ST
SEATTLE,WA98103 		NONE N/A CHARITABLE 20,000
BRIDGE DISABILITY MINISTRIES


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


PO BOX 19612
SEATTLE,WA98109 		NONE N/A CHARITABLE 30,000
EASTSIDE ACADEMY


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


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


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


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


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


14200 SOUTHEAST 13TH PLACE
BELLEVUE,WA98007 		NONE N/A CHARITABLE 90,000
KINDERING


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


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


PO BOX 6398
BELLEVUE,WA98008 		NONE N/A CHARITABLE 20,000
NEW HORIZONS


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


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


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


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


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


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


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


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


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


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


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


232 FIFTH AVE S SUITE 201
KIRKLAND,WA98033 		NONE N/A CHARITABLE 8,000
WESTSIDE BABY


10002 14TH AVENUE SW
SEATTLE,WA98146 		NONE N/A CHARITABLE 15,000
YOUNG LIFE


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


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


407 GERBERDING HALL
SEATTLE,WA98195 		NONE N/A CHARITABLE 5,000
NORTHWEST CENTER


1119 SW 7TH STREET
RENTON,WA98057 		NONE N/A CHARITABLE 10,000
YOUTH EASTSIDE SERVICE


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


400 NW GILMAN BLVD 944
ISSAQUAH,WA98027 		NONE NA CHARITABLE 10,000
EASTSIDE LEGAL ASSISTANCE PROGRAM


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


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


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


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


3600 136TH PL SE SUITE 300
BELLEVUE,WA98006 		NONE NA CHARITABLE 15,000
PACIFIC SCIENCE CENTER


200 2ND AVE NORTH
SEATTLE,WA98109 		NONE N/A CHARITABLE 15,000
RAINIER ATHLETES


3120 139TH AVE FLOOR 5
BELLEVUE,WA98005 		NONE N/A CHARITABLE 30,000
SEATTLE CHILDREN'S HOSPITAL FOUNDAT


PO BOX 5271 M/S-818-F
SEATTLE,WA98145 		NONE N/A CHARITABLE 30,000
THE MUSEUM OF FLIGHT


9404 E MARGINAL WAY SOUTH
TUKWILLA,WA98108 		NONE N/A CHARITABLE 25,000
Total .................................right arrow 3a 1,040,000
bApproved for future payment
Total ................................. right arrow 3b  
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 ........... 		        125,356
4 Dividends and interest from securities ....         113,384
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 ............ 		        605,480
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aPARTNERSHIP INCOME 		        405,828
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..     1,250,048
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,250,048
(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: 24020490
Software Version: 2024v5.2


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
BYRON & ALICE LOCKWOOD FOUNDATION
EIN:
91-0833426
Software ID:
24020490
Software Version:
2024v5.2
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
  11,100 5,550 0 5,550

TY 2024 InvestmentsCorpBondsSchedule
Name:
BYRON & ALICE LOCKWOOD FOUNDATION
EIN:
91-0833426
Software ID:
24020490
Software Version:
2024v5.2
Name of Bond End of Year Book Value End of Year Fair Market Value
SEE ATTACHED 1,808,412 1,788,780

TY 2024 InvestmentsCorpStockSchedule
Name:
BYRON & ALICE LOCKWOOD FOUNDATION
EIN:
91-0833426
Software ID:
24020490
Software Version:
2024v5.2
Name of Stock End of Year Book Value End of Year Fair Market Value
SEE ATTACHED 1,674,020 3,510,870

TY 2024 InvestmentsOtherSchedule2
Name:
BYRON & ALICE LOCKWOOD FOUNDATION
EIN:
91-0833426
Software ID:
24020490
Software Version:
2024v5.2
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
RAINIER MARINA LLC AT COST 1,338,679 1,677,544
WALLACE PROPERTIES/WASHINGTON PARK AT COST 24,109 1,027,500
MILL CREEK SOUTH RETAIL CENTER AT COST 689,439 610,633
WRP GATEWAY LLC AT COST 763,594 1,008,902
BOLSER REAL ESTATE AT COST 2,442,019 2,408,200
WALLACE PROPERTIES-KENNEWICK AT COST 500,818 855,000
WALLACE NORTHGATE 3 LLC AT COST 130,838 2,000,000
LENOX APARTMENTS AT COST 316,329 500,000
SOUTH LANDING INVESTMENTS AT COST 1,200,165 1,000,000
WEST SIDE HOLDINGS AT COST 214,237 550,000
WYLDS WOODS APARTMENTS AT COST 3,677 500,000
GARDEN MANOR LLC AT COST 364,464 500,000
ALASKA TRADE BUILDING LLC AT COST 222,734 250,000
CUMULATIVE BASIS ADJUSTMENTS AT COST 75,706  
PINE KNOLL HLD LLC AT COST 303,501 400,000
OXBOW SPOKANE PARTNERS LLC AT COST 433,331 700,000
EMERALD SPOKANE INDUSTRIAL LLC AT COST 479,392 500,000
EMERALD KENT INDUSTRIAL AT COST 399,999 400,000
BROADVIEW JUNIPER AT COST 347,144 400,000
BROADVIEW FAYETTE HLD LLC AT COST 209,703 300,000
SEE ATTACHED AT COST 1,555,617 2,065,084

TY 2024 OtherExpensesSchedule
Name:
BYRON & ALICE LOCKWOOD FOUNDATION
EIN:
91-0833426
Software ID:
24020490
Software Version:
2024v5.2
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK CHARGES 205 205    
INSURANCE 2,939 1,470   1,469
OFFICE EXPENSE 781 391   390
STATE REGISTRATION 145     145


TY 2024 OtherIncomeSchedule2
Name:
BYRON & ALICE LOCKWOOD FOUNDATION
EIN:
91-0833426
Software ID:
24020490
Software Version:
2024v5.2
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PARTNERSHIP INCOME 405,828 405,828  


TY 2024 OtherProfessionalFeesSchedule
Name:
BYRON & ALICE LOCKWOOD FOUNDATION
EIN:
91-0833426
Software ID:
24020490
Software Version:
2024v5.2
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT ADVISORY 41,830 41,830 0 0


TY 2024 TaxesSchedule
Name:
BYRON & ALICE LOCKWOOD FOUNDATION
EIN:
91-0833426
Software ID:
24020490
Software Version:
2024v5.2
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAXES 15,000      
PAYROLL TAXES 16,369 8,185   8,184