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
THE RUSSELL FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 2567
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
GIG HARBOR, WA98335
A Employer identification number

91-1663336
B Telephone number (see instructions)

(253) 858-5050
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$76,638,299J 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 74,927 74,927  
4 Dividends and interest from securities... 851,971 1,003,114  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,669,530
b Gross sales price for all assets on line 6a 27,399,225
7 Capital gain net income (from Part IV, line 2)... 2,325,888
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
962,375 71,824  
12 Total. Add lines 1 through 11........ 3,558,803 3,475,753  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 444,306 0   444,306
14 Other employee salaries and wages...... 426,963 0   442,447
15 Pension plans, employee benefits....... 201,355 0   186,924
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
700 0   1,000
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
58,775 8,395   50,380
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
963,619 253,118   660,396
17 Interest............... 81,659 61,928   19,731
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
1,248 490   748
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 13,801 0   13,801
21 Travel, conferences, and meetings....... 38,125 0   38,125
22 Printing and publications.......... 1,241 0   1,241
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
582,088 414,888   405,463
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,813,880 738,819   2,264,562
25 Contributions, gifts, grants paid....... 1,489,750 1,951,250
26 Total expenses and disbursements. Add lines 24 and 25 4,303,630 738,819   4,215,812
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -744,827
b Net investment income (if negative, enter -0-) 2,736,934
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............. 58,138 60,400 60,400
2 Savings and temporary cash investments......... 2,828,781 2,669,195 2,669,195
3 Accounts receivable right arrow4,430
Less: allowance for doubtful accounts right arrow   38,068 4,430 4,430
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 arrow1,250,000
Less: allowance for doubtful accounts right arrow0 1,263,317 1,250,000 1,250,000
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 9,480 9,200 9,200
10a Investments—U.S. and state government obligations (attach schedule) 449,145 Click to see attachment
List of Attached Documents:
// Content
1,933,290 		1,933,290
b Investments—corporate stock (attach schedule)....... 16,786,137 Click to see attachment
List of Attached Documents:
// Content
18,425,596 		18,425,596
c Investments—corporate bonds (attach schedule)....... 10,381,299 Click to see attachment
List of Attached Documents:
// Content
8,457,576 		8,457,576
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).......... 45,332,975 Click to see attachment
List of Attached Documents:
// Content
43,464,731 		43,464,731
14 Land, buildings, and equipment: basis right arrow223,894
Less: accumulated depreciation (attach schedule) right arrow223,894      
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
152,100 		Click to see attachment
List of Attached Documents:
// Content
363,881 		Click to see attachment
List of Attached Documents:
// Content
363,881
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 77,299,440 76,638,299 76,638,299
Liabilities 17 Accounts payable and accrued expenses.......... 234,989 249,393
18 Grants payable................. 938,500 477,000
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) Click to see attachment
List of Attached Documents:
// Content
201,000 		Click to see attachment
List of Attached Documents:
// Content
201,000
23 Total liabilities (add lines 17 through 22)......... 1,374,489 927,393
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 75,924,951 75,710,906
29 Total net assets or fund balances (see instructions)..... 75,924,951 75,710,906
30 Total liabilities and net assets/fund balances (see instructions). 77,299,440 76,638,299
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
75,924,951
2
Enter amount from Part I, line 27a .....................
2
-744,827
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
530,782
4
Add lines 1, 2, and 3 ..........................
4
75,710,906
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
75,710,906
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 PUBLICLY TRADED SECURITIES   2024-01-01 2024-12-31
b CAPITAL GAINS FROM PASS THROUGH INVESTMENTS P 2024-01-01 2024-12-31
c MARCHO PARTNERS FEEDER FUND (DELAWARE) LP P 2024-01-01 2024-01-16
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 27,399,225   25,729,695 1,669,530
b 534,644     534,644
c 696,801   575,087 121,714
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       1,669,530
b       534,644
c       121,714
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 2,325,888
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 38,043
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 38,043
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 38,043
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 50,891
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 10,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 60,891
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 22,848
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow22,848 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 arrowAZ, CA, CO, FL, LA, MN, MS, MT, NY, OR, WA, WV
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.TRFF.ORG
14
The books are in care ofright arrowKATHLEEN SIMPSON Telephone no.right arrow (253) 858-5050

Located atright arrowPO BOX 2567GIG HARBORWA ZIP+4right arrow98335
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)
Yes
 
(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
Yes
 
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
 
No
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)
Yes
 
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
Yes
 
(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
 
No
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
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
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
KATHLEEN SIMPSON CEO
40.00 		406,806 33,947 0
PO BOX 2567
GIG HARBOR,WA98335
SARAH CAVANAUGH PRESIDENT
3.00 		0 0 0
PO BOX 2567
GIG HARBOR,WA98335
CHRIS RURIK VICE PRESIDENT
1.00 		0 0 0
PO BOX 2567
GIG HARBOR,WA98335
TIM CAVANAUGH TREASURER
1.00 		0 0 0
PO BOX 2567
GIG HARBOR,WA98335
DION RURIK SECRETARY
1.00 		0 0 0
PO BOX 2567
GIG HARBOR,WA98335
JOSH CAVANAUGH DIRECTOR
1.00 		0 0 0
PO BOX 2567
GIG HARBOR,WA98335
MIMI CHAU DIRECTOR
1.00 		0 0 0
PO BOX 2567
GIG HARBOR,WA98335
SARAH CLEVELAND DIRECTOR
1.00 		0 0 0
PO BOX 2567
GIG HARBOR,WA98335
EVLYN ANDRADE DIRECTOR
1.00 		18,750 0 0
PO BOX 2567
GIG HARBOR,WA98335
RASHAD MORRIS DIRECTOR
1.00 		18,750 0 0
PO BOX 2567
GIG HARBOR,WA98335
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
FABIOLA GREENAWALT SENIOR PROGRAM OFFIC
40.00 		146,186 26,952 0
PO BOX 2567
GIG HARBOR,WA98335
TERRANCE MCGEHEE FELLOWSHIP PROGRAM O
40.00 		121,736 45,561 0
PO BOX 2567
GIG HARBOR,WA98335
BRITTA FRANCESCONI GRANTS & OPERATIONS
40.00 		122,207 26,378 0
PO BOX 2567
GIG HARBOR,WA98335
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
CLIMATE ADVISORS CONSULTING 266,670
1930 18TH ST NW SUITE B2 518
WASHINGTON,DC20009
TIEDEMANN WEALTH MANAGEMENT LLC INVESTMENT CONSULTING 212,299
200 BELLEVUE PARKWAY STE 525
WILMINGTON,DE19809
ERIC T LARSON ACCOUNTING 86,710
7067 MUIRKIRK LANE SW
PORT ORCHARD,WA98367
CLARK NUBER PS ACCOUNTING 58,775
555 110TH AVE NE SUITE 700
BELLEVUE,WA98004
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 JANE'S FELLOWSHIP PROGRAMTHE FOUNDATION OPERATES A GRANT-MAKING PROGRAM CALLED JANE'S FELLOWSHIP PROGRAM (JFP). JFP IS A YEAR-LONG PROGRAM THAT BRINGS TOGETHER A GROUP OF LEADERS WHO ARE ACTIVELY SERVING PIERCE COUNTY, WASHINGTON AND WORKING TO ADDRESS A WIDE RANGE OF COMMUNITY CHALLENGES. THE GOAL OF JFP IS TO DEEPEN LEADERSHIP SKILLS, EXPAND PERSPECTIVES AND ENCOURAGE COLLABORATIONS FOR GRASSROOTS AND COMMUNITY LEADERS. IN THIS 12-MONTH, COHORT-BASED PROGRAM, FELLOWS MEET TWICE MONTHLY TO SHARE IN SKILLS TRAINING, EXPERIENTIAL LEARNING, AND COMMUNITY BUILDING. SEE ADDITIONAL DETAILS OF ACTIVITIES ON STATEMENT 16. 395,315
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
29,365,216
b
Average of monthly cash balances.......................
1b
3,223,596
c
Fair market value of all other assets (see instructions)................
1c
44,128,175
d
Total (add lines 1a, b, and c).........................
1d
76,716,987
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
76,716,987
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,150,755
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
75,566,232
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
3,778,312
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
3,778,312
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
38,043
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
38,043
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,740,269
4
Recoveries of amounts treated as qualifying distributions................
4
2,306
5
Add lines 3 and 4............................
5
3,742,575
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
3,742,575
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
4,215,812
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
4,215,812
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 3,742,575
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 78,960
b From 2020...... 417,422
c From 2021......  
d From 2022...... 457,218
e From 2023......  
f Total of lines 3a through e ........ 953,600
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 4,215,812
a Applied to 2023, but not more than line 2a 0
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..... 3,742,575
e Remaining amount distributed out of corpus 473,237
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 1,426,837
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 .......... 		0
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) ... 		78,960
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		1,347,877
10 Analysis of line 9:
a Excess from 2020.... 417,422
b Excess from 2021....  
c Excess from 2022.... 457,218
d Excess from 2023....  
e Excess from 2024.... 473,237
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:
BRITTA FRANCESCONI
PO BOX 2567
GIG HARBOR,WA98335
(253) 857-1679
bThe form in which applications should be submitted and information and materials they should include:
LETTERS OF INQUIRY ARE RECEIVED THROUGH AN ONLINE GRANT MAKING PROGRAM (FOUNDANT TECHNOLOGIES) THAT IS ACCESSED THROUGH THE TRFF WEBSITE AND MAY BE INVITED TO SUBMIT FULL PROPOSALS. THE INFORMATION AND MATERIALS REQUESTED VARY FOR EACH PROGRAM BUT TYPICALLY INCLUDE PROJECT DETAILS, BUDGET, AND LISTS OF KEY STAFF AND THE BOARD OF DIRECTORS.
cAny submission deadlines:
GRANT CYCLE DEADLINES MAY BE ACCESSED ON THE TRFF WEBSITE.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
EMPLOYEE MATCHING GIFTS AND DISCRETIONARY GRANTS MUST BE GIVEN TO A NONPROFIT 501(C)(3) OR COMPLETED THROUGH EXPENDITURE RESPONSIBILITY IF IT IS FOR A CHARITABLE PURPOSE.
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

10000 YEARS INSTITUTE

PO BOX 1081
FORKS,WA983311081 		  PC GENERAL OPERATING SUPPORT 5,000

AFFILIATED TRIBES OF NORTHWEST INDIANS

407 NE 12TH AVE
PORTLAND,OR97232 		  PC GENERAL OPERATING SUPPORT 25,000

AFFILIATED TRIBES OF NORTHWEST INDIANS

407 NE 12TH AVE
PORTLAND,OR97232 		  PC GENERAL OPERATING SUPPORT FOR ATNI 20,000

AFRICAN COMMUNITY HOUSING & DEVELOPMENT

16256 MILITARY RD S STE 206
SEATAC,WA98188 		  PC GENERAL OPERATING SUPPORT 2,000

AMERICAN LEADERSHIP FORUM

PO BOX 1914
TACOMA,WA98401 		  PC CLASS XXXI FELLOWS ORIENTATION 5,000

AMERICAN LEADERSHIP FORUM

PO BOX 1914
TACOMA,WA98401 		  PC CLASS XXX WILDERNESS WEEK 10,000

AMERICAN LEADERSHIP FORUM

PO BOX 1914
TACOMA,WA98401 		  PC CLASS XXXI ORIENTATION 1,000

ANCHORAGE COMMUNITY LAND TRUST

3701 MOUNTAIN VIEW DR STE 100
ANCHORAGE,AK995081324 		  PC GENERAL OPERATING SUPPORT 1,000

ANDREA HAUG

237 S 70TH ST
TACOMA,WA98408 		NONE I JFP CLASS 11 FELLOW - ANDI HAUG 8,500

ANESIA SMITH

3808 S MASON AVE APT D305
TACOMA,WA98409 		NONE I JFP CLASS 11 FELLOW - ANESIA SMITH 8,500

AS YOU SOW

11461 SAN PABLO AVENUE SUITE 400
EL CERRITO,CA94530 		  PC GENERAL OPERATING SUPPORT 25,000

ASIA PACIFIC CULTURAL CENTER

4851 SOUTH TACOMA WAY
TACOMA,WA98409 		  PC GENERAL OPERATING SUPPORT 2,000

BLACK FARMERS COLLECTIVE

1114 31ST AVE S
SEATTLE,WA98144 		  PC GENERAL OPERATING SUPPORT 3,000

BLUFF LAKE NATURE CENTER

4755 PARIS ST 190
DENVER,CO80239 		  PC GENERAL OPERATING SUPPORT 5,000

BRAIDED SEEDS

PO BOX 58512
TUKWILA,WA98138 		  PC GENERAL OPERATING SUPPORT 12,000

CARMEN ADAMS

10018 GOLDEN GIVEN RD E 35
TACOMA,WA98445 		NONE I JFP CLASS 11 FELLOW - CARMEN ADAMS 8,500

CATHOLIC COMMUNITY SERVICES OF WESTERN WASHINGTON

1001 N J STREET
TACOMA,WA98403 		  PC WISE PROGRAM 3,000

CHAPEL HILL PRESBYTERIAN CHURCH

PO BOX 829
GIG HARBOR,WA98335 		  PC GENERAL OPERATING SUPPORT 2,000

CLARENCE MITCHELL JR

1612 HUSON DR
TACOMA,WA98405 		NONE I JFP CLASS 11 FELLOW - CLARENCE MITCHELL, JR. 8,500

CLEAN ENERGY TRANSITION INSTITUTE

1402 THIRD AVENUE SUITE 925 SEATTLE
WA 98101 4616 25TH AVENUE NE
SEATTLE,WA98105 		  PC GENERAL OPERATING SUPPORT 25,000

CLEAN ENERGY TRANSITION INSTITUTE

1402 THIRD AVENUE SUITE 925 SEATTLE
WA 98101 4616 25TH AVENUE NE
SEATTLE,WA98105 		  PC GENERAL OPERATING SUPPORT 20,000

CLIMATE INTERACTIVE FISCALLY SPONSORED BY NEW VENTURE FUND

1828 L STREET NW SUITE 300-A
WASHINGTON,DC20036 		  PC GENERAL OPERATING SUPPORT 25,000

CLIMATE INTERACTIVE FISCALLY SPONSORED BY NEW VENTURE FUND

1828 L STREET NW SUITE 300-A
WASHINGTON,DC20036 		  PC GENERAL OPERATING SUPPORT 20,000

COMMON GOOD TACOMA

621 TACOMA AVE S
TACOMA,WA984022301 		  PC GENERAL OPERATING SUPPORT 3,500

COMMUNITIES IN SCHOOLS OF PENINSULA

PO BOX 684
VAUGHN,WA98394 		  PC LAZARUS FUND 50,000

COMMUNITY TO COMMUNITY DEVELOPMENT (C2C) FS INSTITUTE FOR WASHINGTONS FUTUR

6605 202ND ST SW 203 W HOLLY SUITE
311
BELLINGHAM,WA98226 		  PC SUPPORT FOR COOPERATIVA TIERRA Y LIBERTAD, A COMMUNALLY-OWNED MODEL FOR ORGANIC, REGENERATIVE AND CLIMATE-RESILIENT FARMING 75,000

CONFLUENCE PHILANTHROPY

215 LEXINGTON AVE 10TH FLOOR
NEW YORK,NY10016 		  PC GENERAL OPERATING SUPPORT 25,000

COREALE FORREST

PMB 3549 PO BOX 257
OLYMPIA,WA98507 		NONE I JFP CLASS 11 FELLOW - CREA FORREST 8,500

COVENANT YOUTH OF ALASKA

PO BOX 770128
EAGLE RIVER,AK99577 		  PC CHRIS LOCKWOOD CAMP SCHOLARSHIP FUND 5,000

COVENANT YOUTH OF ALASKA

PO BOX 770128
EAGLE RIVER,AK99577 		  PC ALASKAN LEADER FUND 2,500

DAVID THOMPSON

6515 TACOMA AVE S
TACOMA,WA98408 		NONE I JFP CLASS 11 FELLOW - DAVID THOMPSON 8,500

DEBORAH MARTINEZ

8705 S AINSWORTH AVE
TACOMA,WA98444 		NONE I JFP CLASS 11 FELLOW - DEB MARTINEZ 8,500

DEFENSORES DE LA NATURALEZA FISCALLY SPONSORED BY CONSERVATION ALLIES

1630 CONNECTICUT AVE NW STE 300
WASHINGTON,DC20009 		  PC DEFENSORES DE LA NATURALEZA IN GUATEMALA 2,000

ECOCHALLENGEORG

PO BOX 14911
PORTLAND,OR98293 		  PC GENERAL OPERATING SUPPORT 15,000

ELEVATE MASON COUNTY (FS POWER)

141 W STARDUST LANE
SHELTON,WA98584 		  PC GENERAL OPERATING SUPPORT 2,000

EMERALD CITIES COLLABORATIVE

1660 L ST NW STE 204
WASHINGTON,DC20036 		  PC GENERAL OPERATING SUPPORT 25,000

EMERALD CITIES COLLABORATIVE

1660 L ST NW STE 204
WASHINGTON,DC20036 		  PC GENERAL OPERATING SUPPORT 20,000

ENVIRONMENTAL SCIENCE CENTER

126 SW 148TH C100-170
BURIEN,WA98166 		  PC ENVIRONMENTAL HEROES: EDUCATION, RESTORATION, AND LEADERSHIP FOR SOUTH KING COUNTY YOUTH 17,500

ERIN SARVIS

1816 S SPRAGUE AVE
TACOMA,WA98409 		NONE I JFP CLASS 11 FELLOW - ERIN SARVIS 8,500

FOOD BACKPACKS 4 KIDS

PO BOX 173
GIG HARBOR,WA98335 		  PC GENERAL OPERATING SUPPORT 5,000

FOOD BACKPACKS 4 KIDS

PO BOX 173
GIG HARBOR,WA98335 		  PC GENERAL OPERATING SUPPORT 8,000

FOOD BACKPACKS 4 KIDS

PO BOX 173
GIG HARBOR,WA98335 		  PC GENERAL OPERATING SUPPORT 2,000

FOOD LIFELINE

815 SOUTH 96TH STREET
SEATTLE,WA98108 		  PC GENERAL OPERATING SUPPORT 12,500

FOSS WATERWAY SEAPORT

705 DOCK STREET
TACOMA,WA98402 		  PC SCIENCE ON THE SEA 45,000

GARDEN RAISED BOUNTY (GRUB)

2016 ELLIOTT AVE NW
OLYMPIA,WA98502 		  PC FARM EDUCATION AND CAREER READINESS FOR GRUB YOUTH 16,000

GIG HARBOR PENINSULA FISH

4425 BURNHAM DRIVE
GIG HARBOR,WA98335 		  PC GENERAL OPERATING SUPPORT 25,000

GREAT PENINSULA CONSERVANCY

423 PACIFIC AVENUE SUITE 300
BREMERTON,WA98337 		  PC GENERAL OPERATING SUPPORT 24,000

GREATER TACOMA COMMUNITY FOUNDATION

950 PACIFIC AVE SUITE 1100
TACOMA,WA98402 		  PC GIG HARBOR LAND CONSERVATION FUND, NORTH CREEK SALMON HERITAGE SITE PHASE 4 30,000

GREENHOUSE SCHOLARS

1820 FOLSOM STREET
BOULDER,CO80302 		  PC YOUNG LEADERS PROGRAM 5,000

GREENHOUSE SCHOLARS

1820 FOLSOM STREET
BOULDER,CO80302 		  PC YOUNG LEADERS PROGRAM 5,000

HARBOR WILDWATCH

PMB 99 3110 JUDSON STREET
GIG HARBOR,WA98335 		  PC GENERAL OPERATING SUPPORT 20,000

HILLTOP ACTION COALITION

1116 EARNEST S BRAZILL ST
TACOMA,WA984054022 		  PC GENERAL OPERATING SUPPORT 1,000

HOOD CANAL SALMON ENHANCEMENT GROUP

PO BOX 2169
BELFAIR,WA98528 		  PC THE SALMON CENTER 5,000

JOHN GUSTAV LABAYEN

1014 NORTH K ST APT 1
TACOMA,WA98403 		NONE I JFP CLASS 11 FELLOW - GUS LABAYEN 8,500

JOSE MIGUEL ROJAS

6412 96TH ST E 9
PUYALLUP,WA98371 		NONE I JFP CLASS 11 FELLOW - JOSE MIGUEL ROJAS 8,500

KULSHAN CARBON TRUST

1515 LARRABEE AVE
BELLINGHAM,WA98225 		  PC EXPANDING FARMER ACCESS TO REGENERATIVE SOIL AMENDMENTS THROUGH THE COMMUNITY BIOCHAR PROGRAM 70,000

LAKEWOLD GARDENS

12317 GRAVELLY LAKE DR SW PO BOX
369780
LAKEWOOD,WA98499 		  PC INCREASING ACCESS & INSPIRING EARTH ADVOCATES AT LAKEWOLD GARDENS 15,000

LUCKY PAWS RESCUE

PO BOX 44103
TACOMA,WA984480103 		  PC GENERAL OPERATING SUPPORT 5,000

MASON CONSERVATION DISTRICT

450 W BUSINESS PARK ROAD
SHELTON,WA98584 		  GOV FOSTERING STEWARDSHIP THROUGH OUTDOOR EXPERIENTIAL LEARNING OPPORTUNITIES 25,000

METROPOLITAN DEVELOPMENT COUNCIL

945 FAWCETT AVE
TACOMA,WA98405 		  PC GENERAL OPERATING SUPPORT 2,000

MOSES CARTER

12517 47TH AVE APT 2
LAKEWOOD,WA98499 		NONE I JFP CLASS 11 FELLOW - MOSES CARTER 8,500

MULTICARE BEHAVIORAL HEALTH FOUNDATION

PO BOX 5296
TACOMA,WA984150296 		  PC GENERAL OPERATING SUPPORT 2,675

NICOLE JORDAN

2716 SOUTH 12TH ST APT4
TACOMA,WA98405 		NONE I JFP CLASS 11 FELLOW - NICOLE JORDAN 8,500

NICOLLETTE COMBS-ROE

3751 COURT Q
TACOMA,WA98404 		NONE I JFP CLASS 11 FELLOW - NICOLLETTE COMBS-ROE 8,500

NISQUALLY REACH NATURE CENTER

4949 DMILLUHR DR NE
OLYMPIA,WA98516 		  PC GENERAL OPERATING SUPPORT 15,000

NONPROFIT FINANCE FUND

5 HANOVER SQUARE 9TH FLOOR
NEW YORK,NY10004 		  PC STRATEGIC INNOVATION FUND: COMMUNITY-REQUESTED CAPACITY-BUILDING 2,000

NORTHWEST HARVEST E M M

PO BOX 12272
SEATTLE,WA98102 		  PC GENERAL OPERATING SUPPORT 12,500

NORTHWEST NATURAL RESOURCE GROUP

2701 1ST AVE SUITE 240
SEATTLE,WA98121 		  PC GROWING FUTURE FORESTERS: CURRICULUM DEVELOPMENT AND TRAINING SUPPORT 12,500

NORTHWEST YOUTH CORPS

2621 AUGUSTA STREET
EUGENE,OR97403 		  PC SOUND TO SUMMIT AND COMMUNITY FORESTRY EXPANSION, YEAR 3 15,000

PACIFIC EDUCATION INSTITUTE

724 COLUMBIA ST NW SUITE 255
OLYMPIA,WA98501 		  PC PUGET SOUND YOUTH ENGAGED IN SUSTAINABLE SYSTEMS (YESS) 24,000

PIERCE CONSERVATION DISTRICT

308 WEST STEWART AVE PO BOX 1057
PUYALLUP,WA98371 		  GOV HARVEST PIERCE COUNTY 75,000

PORT TOWNSEND MARINE SCIENCE CENTER

532 BATTERY WAY
PORT TOWNSEND,WA98368 		  PC OCEAN ACTIONS: FIELDWORK FOR SOLUTIONS 14,000

PRINCE WILLIAM SOUND SCIENCE & TECHNOLOGY INSTITUTE

PO BOX 705
CORDOVA,AK99574 		  PC GENERAL OPERATING SUPPORT 5,000

PUGET SOUND RESTORATION FUND

8001 NE DAY RD WEST SUITE B
BAINBRIDGE ISLAND,WA98110 		  PC GENERAL OPERATING SUPPORT 75,000

PUGET SOUND VOYAGING SOCIETY (DBA COMMUNITY BOAT PROJECT)

PO BOX 266
NORDLAND,WA98358 		  PC GENERAL OPERATING SUPPORT 17,500

PUGET SOUNDKEEPER ALLIANCE

130 NICKERSON STREET SUITE 107
SEATTLE,WA98109 		  PC LOST URBAN CREEKS PROJECT 14,000

REDEFINING YOU FOUNDATION

2526 12TH ST PL SW
PUYALLUP,WA98373 		  PC GENERAL OPERATING SUPPORT 5,000

RENEWABLE ENERGY ALASKA PROJECT

308 G ST STE 225
ANCHORAGE,AK99501 		  PC GENERAL OPERATING SUPPORT 1,500

RESTAURANT 2 GARDEN (FISCAL SPONSOR SEATTLE PARKS FOUNDATION)

PO BOX 3541
SEATTLE,WA98124 		  PC RESTAURANT 2 GARDEN EXPANSION 75,000

SEA POTENTIAL (FISCAL SPONSOR SUSTAINABLE SEATTLE)

3236 SW AVALON WAY APT 305
SEATTLE,WA98122 		  PC GENERAL YOUTH PROGRAMMING SUPPORT 18,000

SHADOW

PO BOX 58963
RENTON,WA98058 		  PC PROMOTING STEWARDSHIP THROUGH YOUTH EDUCATION PROGRAMS 3,000

SHIFT ZERO (FISCAL SPONSOR NW ENERGY COALITION)

811 1ST AVENUE SUITE 305
SEATTLE,WA98104 		  PC GENERAL OPERATING SUPPORT 25,000

SOUTH SOUND ESTUARY ASSOCIATION

PO BOX 2182
OLYMPIA,WA98507 		  PC NEARSHORE, ON THE WATER AND BAYSHORE FIELD STEM 15,000

SPARK NORTHWEST

1402 3RD AVE SUITE 901
SEATTLE,WA98101 		  PC GENERAL OPERATING SUPPORT 25,000

SPARK NORTHWEST

1402 3RD AVE SUITE 901
SEATTLE,WA98101 		  PC GENERAL OPERATING SUPPORT 20,000

ST CHARLES BORROMEO PARISH

7112 SOUTH 12TH STREET
TACOMA,WA98465 		  PC GENERAL OPERATING SUPPORT - PARISH 1,000

ST CHARLES BORROMEO PARISH

7112 SOUTH 12TH STREET
TACOMA,WA98465 		  PC GENERAL OPERATING SUPPORT - SCHOOL 1,000

STEP BY STEP FAMILY SUPPORT CENTER

3303 8TH AVE SE A
PUYALLUP,WA98372 		  PC GENERAL OPERATING SUPPORT 5,000

SUMMER SEARCH

635 ANDOVER PARK WEST BUILDING 8
SUITE 200
TUKWILA,WA98188 		  PC EXPERIENTIAL SUMMER PROGRAM 17,500

SUN VALLEY WRITERS' CONFERENCE

PO BOX 957
KETCHUM,ID83340 		  PC GENERAL OPERATING SUPPORT 15,000

TACOMA HOUSING DEVELOPMENT GROUP

902 S L ST
TACOMA,WA98405 		  PC GENERAL OPERATING SUPPORT 2,000

TACOMA URBAN LAND TRUST

PO BOX 5616
TACOMA,WA984155616 		  PC GENERAL OPERATING SUPPORT 1,325

TAHCOMA INDIAN CENTER

621 TACOMA AVE S SUITE 505 PO BOX
111144
TACOMA,WA984111144 		  PC GENERAL OPERATING SUPPORT 1,500

THE FOODBANK AT ST MARYS

611 20TH AVE S
SEATTLE,WA98144 		  PC GENERAL OPERATING SUPPORT 5,000

THE FOUNDATION FOR WWU AND ALUMNI

WWU 516 HIGH STREET MS 9034
BELLINGHAM,WA98225 		  PC SEA DISCOVERY CENTER: SALISH SEA FIELD TRIP PROGRAM 17,500

THE HUMANE SOCIETY FOR TACOMA AND PIERCE COUNTY

2608 CENTER STREET
TACOMA,WA98409 		  PC GENERAL OPERATING SUPPORT 1,000

THE MUSTARD SEED PROJECT OF KEY PENINSULA

PO BOX 182
VAUGHN,WA98394 		  PC GENERAL OPERATING SUPPORT 5,000

THE TRACKING PROJECT INC

PO BOX 266
CORRALES,NM87048 		  PC GENERAL OPERATING SUPPORT 10,000

TIDES FOUNDATION

PO BOX 889389
LOS ANGELES,CA900889389 		  PC MOVEMENT VOTER FUND 1,000

TIDES FOUNDATION

PO BOX 889389
LOS ANGELES,CA900889389 		  PC MOVEMENT VOTER FUND 1,000

TILTH ALLIANCE

4649 SUNNYSIDE AVE N 100
SEATTLE,WA98103 		  PC GENERAL OPERATING SUPPORT 5,000

TILTH ALLIANCE

4649 SUNNYSIDE AVE N 100
SEATTLE,WA98103 		  PC COALITION FOR ORGANIC AND REGENERATIVE AGRICULTURE 2,500

TILTH ALLIANCE

4649 SUNNYSIDE AVE N 100
SEATTLE,WA98103 		  PC GENERAL OPERATING SUPPORT 2,500

TOY RESCUE MISSION

607 S WINNIFRED ST PO BOX 64547
TACOMA,WA984652538 		  PC GENERAL OPERATING SUPPORT 3,750

TRA MEDICAL IMAGING FOUNDATION

1304 FAWCETT AVE PO BOX 1535
TACOMA,WA98401 		  PC MOBILEMAMMO NW GENERAL OPERATING SUPPORT 5,000

UNIVERSITY DISTRICT FOOD BANK

5017 ROOSEVELT WAY NE
SEATTLE,WA98105 		  PC GENERAL OPERATING SUPPORT 5,000

UNIVERSITY OF WASHINGTON FOUNDATION (MOUNT RAINIER INSTITUTE)

9010 453RD ST EAST
EATONVILLE,WA98328 		  PC GENERAL OPERATING SUPPORT 25,000

UNIVERSITY OF WASHINGTON FOUNDATION (UW BOTANIC GARDENS)

2300 ARBORETUM DRIVE E
SEATTLE,WA98195 		  PC INCLUSIVE PATHWAYS FOR ENVIRONMENTAL LEADERSHIP 14,000

UNIVERSITY OF WASHINGTON TACOMA - MILGARD SCHOOL OF BUSINESS CLSR

BOX 358432 1900 COMMERCE ST
TACOMA,WA98402 		  PC CLCR INVITATIONAL CASE COMPETITION 5,000

VANNRA UOK

1402 E 69TH STREET APT 1-202
TACOMA,WA98404 		NONE I JFP CLASS 11 FELLOW - VANNRA UOK 8,500

VASHON NATURE CENTER

23509 LANDERS RD SW
VASHON,WA98070 		  PC GENERAL OPERATING SUPPORT 16,000

VC INCLUDE A PROJECT OF TIDES CENTER

PO BOX 889385
LOS ANGELES,CA900889385 		  PC GENERAL OPERATING SUPPORT 50,000

VIVA FARMS

16470 STATE ROUTE 20
MOUNT VERNON,WA98273 		  PC AGPARK MARKET CENTER CONSTRUCTION 75,000

WASHINGTON FARMLAND TRUST

PO BOX 2206
SEATTLE,WA98111 		  PC GENERAL OPERATING SUPPORT 5,000

WASHINGTON MARITIME BLUE

1900 W NICKERSON ST STE 301
SEATTLE,WA98119 		  PC GENERAL OPERATING SUPPORT 25,000

WASHINGTON MARITIME BLUE

1900 W NICKERSON ST STE 301
SEATTLE,WA98119 		  PC GENERAL OPERATING SUPPORT 50,000

WASHINGTON OUTDOOR SCHOOL CONSORTIUM (FISCAL SPONSOR WASHINGTON SCHOOL PRI

1021 8TH AVE SE
OLYMPIA,WA98501 		  PC WASHINGTON OUTDOOR SCHOOL COALITION MANAGER 17,000

WASHINGTON STATE UNIVERSITY KITSAP COUNTY EXTENSION

345 6TH ST SUITE 550
BREMERTON,WA98337 		  PC GENERAL OPERATING SUPPORT FOR SMALL FARMS PROGRAMMING 26,000

WASHINGTON WATER TRUST

1500 WESTLAKE AVE N STE 202
SEATTLE,WA981093008 		  PC FARMS AND FISH: CLIMATE-RESILIENT AND FISH-FRIENDLY WATER FOR FARMING IN THE SAMMAMISH VALLEY 60,000

WAYA OUTDOOR INSTITUTE

6933 MUNN LAKE DR
TUMWATER,WA98501 		  PC GENERAL SUPPORT 17,500

WILD SOCIETY

PO BOX 816
KINGSTON,WA98346 		  PC 2024 GENERAL OPERATING SUPPORT 18,000

WILLIE NOBLES

6953 SOUTH STEVENS ST
TACOMA,WA98409 		NONE I JFP CLASS 11 FELLOW - WILLIE NOBLES 8,500

WOODS HOLE OCEANOGRAPHIC INSTITUTION

266 WOODS HOLE ROAD MS 40
WOODS HOLE,MA02543 		  PC GENERAL OPERATING SUPPORT 25,000

WORLD RELIEF SEATTLE

23835 PACIFIC HIGHWAY S STE 100
KENT,WA98032 		  PC SUSTAINABILITY INTERNSHIP PROGRAM 17,500

YMCA OF PIERCE AND KITSAP COUNTIES

4717 S 19TH ST STE 201
TACOMA,WA98405 		  PC OUTDOOR ENVIRONMENTAL EDUCATION 17,500

YMCA OF PIERCE AND KITSAP COUNTIES

4717 S 19TH ST STE 201
TACOMA,WA98405 		  PC GENERAL OPERATING SUPPORT 2,000

YOUNG LIFE - UNIVERSITY PLACENORTH TACOMA

2401 ORCHARD ST W TACOMA WA 98466
PO BOX 65937
UNIVERSITY PLACE,WA98464 		  PC GENERAL OPERATING SUPPORT - UPNT YOUNG LIFE 1,000

YWCA PIERCE COUNTY

405 BROADWAY
TACOMA,WA98402 		  PC GENERAL OPERATING SUPPORT 3,000
Total .................................right arrow 3a 1,951,250
bApproved for future payment

ASHLEE DAY
824 MARTIN LUTHER KING JR WAY APT
430
TACOMA,WA98405 		NONE I JFP CLASS 12 - ASHLEE GENTEELE DAY 8,500

BRAIDED SEEDS
PO BOX 58512
TUKWILA,WA98138 		  PC GENERAL OPERATING SUPPORT 12,000

DARREN MOORE
2508 S 54TH ST
TACOMA,WA98409 		NONE I JFP CLASS 12 - DARREN MOORE 8,500

ENVIRONMENTAL SCIENCE CENTER
126 SW 148TH C100-170
BURIEN,WA98166 		  PC ENVIRONMENTAL HEROES: EDUCATION, RESTORATION, AND LEADERSHIP FOR SOUTH KING COUNTY YOUTH 14,000

FOSS WATERWAY SEAPORT
705 DOCK STREET
TACOMA,WA98402 		  PC SCIENCE ON THE SEA 36,000

GARDEN RAISED BOUNTY (GRUB)
2016 ELLIOTT AVE NW
OLYMPIA,WA98502 		  PC FARM EDUCATION AND CAREER READINESS FOR GRUB YOUTH 14,000

GREAT PENINSULA CONSERVANCY
423 PACIFIC AVENUE SUITE 300
BREMERTON,WA98337 		  PC GENERAL OPERATING SUPPORT 18,000

HARBOR WILDWATCH
PMB 99 3110 JUDSON STREET
GIG HARBOR,WA98335 		  PC GENERAL OPERATING SUPPORT 16,000

INDIA IRONS
2367 TACOMA AVENUE SOUTH
TACOMA,WA98402 		NONE I JFP CLASS 12 - INDIA IRONS 8,500

JAMES HUGHES
5606 VICKERY AVE E
TACOMA,WA98443 		NONE I JFP CLASS 12 - JAMES HUGHES 8,500

JESSICA CRASK
4533 S SHERIDAN AVE
TACOMA,WA98418 		NONE I JFP CLASS 12 - JESSICA CRASK 8,500

JESSICA GRIFFITHS
1232 180TH STREET COURT EAST
SPANAWAY,WA98387 		NONE I JFP CLASS 12 - JESSICA GRIFFITHS 8,500

MATAMATANONOFO PORTER
228 S 56TH ST
TACOMA,WA984086403 		NONE I JFP CLASS 12 - MATAMATANONOFO PORTER 8,500

MAYA RAMOS
1402 E 69TH ST 3-304
TACOMA,WA98404 		NONE I JFP CLASS 12 - MAYA RAMOS 8,500

NISQUALLY REACH NATURE CENTER
4949 DMILLUHR DR NE
OLYMPIA,WA98516 		  PC GENERAL OPERATING SUPPORT 15,000

NORTHWEST YOUTH CORPS
2621 AUGUSTA STREET
EUGENE,OR97403 		  PC SOUND TO SUMMIT AND COMMUNITY FORESTRY EXPANSION, YEAR 3 12,000

PACIFIC EDUCATION INSTITUTE
724 COLUMBIA ST NW SUITE 255
OLYMPIA,WA98501 		  PC PUGET SOUND YOUTH ENGAGED IN SUSTAINABLE SYSTEMS (YESS) 18,000

PHANAT NY
1604 S 14TH ST
TACOMA,WA98405 		NONE I JFP CLASS 12 - PHANAT NY 8,500

PORT TOWNSEND MARINE SCIENCE CENTER
532 BATTERY WAY
PORT TOWNSEND,WA98368 		  PC OCEAN ACTIONS: FIELDWORK FOR SOLUTIONS 11,000

PUGET SOUND VOYAGING SOCIETY (DBA COMMUNITY BOAT PROJECT)
PO BOX 266
NORDLAND,WA98358 		  PC GENERAL OPERATING SUPPORT 14,000

PUGET SOUNDKEEPER ALLIANCE
130 NICKERSON STREET SUITE 107
SEATTLE,WA98109 		  PC LOST URBAN CREEKS PROJECT 11,000

SAMIE IVERSON
5412 N 49TH ST
RUSTON,WA98407 		NONE I JFP CLASS 12 - SAMIE (SAMANTHA) IVERSON 8,500

SEA POTENTIAL (FISCAL SPONSOR SUSTAINABLE SEATTLE)
3236 SW AVALON WAY APT 305
SEATTLE,WA98122 		  PC GENERAL YOUTH PROGRAMMING SUPPORT 15,000

SHADOW
PO BOX 58963
RENTON,WA98058 		  PC PROMOTING STEWARDSHIP THROUGH YOUTH EDUCATION PROGRAMS 3,000

SHATARA MASON
18724 108TH AVE COURT EAST
PUYALLUP,WA98374 		NONE I JFP CLASS 12 - SHATARA MASON 8,500

SHERRILLA BIVENS
5206 108TH ST CT SW 15 PO BOX 8913
TACOMA,WA984190913 		NONE I JFP CLASS 12 - SHERRILLA BIVENS 8,500

SOUTH SOUND ESTUARY ASSOCIATION
PO BOX 2182
OLYMPIA,WA98507 		  PC NEARSHORE, ON THE WATER AND BAYSHORE FIELD STEM 15,000

STEFANIE LOVE
14328 92ND AVE EAST
PUYALLUP,WA98373 		NONE I JFP CLASS 12 - STEFANIE ANN ROSS LOVE 8,500

SUMMER SEARCH
635 ANDOVER PARK WEST BUILDING 8
SUITE 200
TUKWILA,WA98188 		  PC EXPERIENTIAL SUMMER PROGRAM 14,000

THE FOUNDATION FOR WWU AND ALUMNI
WWU 516 HIGH STREET MS 9034
BELLINGHAM,WA98225 		  PC SEA DISCOVERY CENTER: SALISH SEA FIELD TRIP PROGRAM 15,000

UNIVERSITY OF WASHINGTON FOUNDATION (MOUNT RAINIER INSTITUTE)
9010 453RD ST EAST
EATONVILLE,WA98328 		  PC GENERAL OPERATING SUPPORT 20,000

UNIVERSITY OF WASHINGTON FOUNDATION (UW BOTANIC GARDENS)
2300 ARBORETUM DRIVE E
SEATTLE,WA98195 		  PC INCLUSIVE PATHWAYS FOR ENVIRONMENTAL LEADERSHIP 11,000

VASHON NATURE CENTER
23509 LANDERS RD SW
VASHON,WA98070 		  PC GENERAL OPERATING SUPPORT 14,000

VIRGINIA PARHAM
1202 NORTH PEARL STREET APT J104
TACOMA,WA98406 		NONE I JFP CLASS 12 - VIRGINIA PARHAM 8,500

WASHINGTON OUTDOOR SCHOOL CONSORTIUM (FISCAL SPONSOR WASHINGTON SCHOOL PRI
1021 8TH AVE SE
OLYMPIA,WA98501 		  PC WASHINGTON OUTDOOR SCHOOL COALITION MANAGER 15,000

WAYA OUTDOOR INSTITUTE
6933 MUNN LAKE DR
TUMWATER,WA98501 		  PC GENERAL SUPPORT 15,000

WORLD RELIEF SEATTLE
23835 PACIFIC HIGHWAY S STE 100
KENT,WA98032 		  PC EQUITY AND SUSTAINABILITY INTERNSHIP PROGRAM 15,000

YMCA OF PIERCE AND KITSAP COUNTIES
4717 S 19TH ST STE 201
TACOMA,WA98405 		  PC OUTDOOR ENVIRONMENTAL EDUCATION 15,000
Total ................................. right arrow 3b 477,000
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 74,927  
4 Dividends and interest from securities ....     14 848,307 3,664
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 .....     14 958,544  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 1,669,530  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aCREDIT CARD REWARDS 		        2,306
bCLASS ACTION SETTLEMENTS     14 975  
cSTATE TAX REFUND     01 550  
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 3,552,833 5,970
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,558,803
(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.)
4 MUNICIPAL BOND INTEREST
11A REIMBURSEMENT OF PRIOR YEAR QUALIFYING DISBURSEMENTS
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
THE RUSSELL FAMILY FOUNDATION
EIN:
91-1663336
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 58,775 8,395   50,380

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

TY 2024 ExpenditureResponsibilityStmt
Name:
THE RUSSELL FAMILY FOUNDATION
EIN:
91-1663336
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
PORT OF SKAGIT
  		15400 AIRPORT DRIVE
BURLINGTON,WA98233 		2022-07-15 5,000 GRANT FUNDS WILL BE USED TO SPONSOR THE SKAGIT AG SUMMIT, A LOCAL AGRICULTURAL CONFERENCE HOSTED BY WASHINGTON STATE UNIVERSITY-SKAGIT COUNTY EXTENSION. THE CONFERENCE COVERS TOPICS THAT IMPACT AGRICULTURE, INCLUDING WATER, LABOR, CLIMATE, SUSTAINABLE PRACTICES, ECONOMIC VIABILITY, INNOVATION AND LEADERSHIP. 5,000 TO THE BEST OF THE KNOWLEDGE OF THE FOUNDATION, THE GRANTEE HAS NOT DIVERTED 12/31/2022, 12/31/2023, 3/27/2024 (FINAL)    

TY 2024 GeneralExplanationAttachment
Name:
THE RUSSELL FAMILY FOUNDATION
EIN:
91-1663336
Identifier Return Reference Explanation
SELF DEALING FORM 990-PF, PART VI-B, LINE 1A (3) THE FOUNDATION OFFICE IS LOCATED IN A BUILDING PARTIALLY OWNED BY A DISQUALIFIED PERSON. THE USE OF THE FACILITY IS PROVIDED FREE OF CHARGE. THIS ACTIVITY IS NOT AN ACT OF SELF-DEALING AS CODIFIED IN IRC SECTION 4941(D)(2)(C).(4) THE FOUNDATION PAYS REASONABLE COMPENSATION TO ITS CHIEF EXECUTIVE OFFICER. THE COMPENSATION IS IN RETURN FOR GRANT-MAKING AND ADMINISTRATIVE SERVICES PROVIDED TO THE FOUNDATION. SUCH SERVICES ARE NECESSARY IN CARRYING OUT THE FOUNDATION'S EXEMPT PURPOSE AND NOT CONSIDERED AN ACT OF SELF-DEALING UNDER IRC SECTION 4941(D)(2)(E).
  FORM 990-PF, PART VIII-A, LINE 1 JANE'S FELLOWSHIP PROGRAMTHE FOUNDATION OPERATES A GRANT-MAKING PROGRAM CALLED JANE'S FELLOWSHIP PROGRAM (JFP). JFP IS A YEAR-LONG PROGRAM THAT BRINGS TOGETHER A GROUP OF LEADERS WHO ARE ACTIVELY SERVING PIERCE COUNTY, WASHINGTON AND WORKING TO ADDRESS A WIDE RANGE OF COMMUNITY CHALLENGES. THE GOAL OF JFP IS TO DEEPEN LEADERSHIP SKILLS, EXPAND PERSPECTIVES AND ENCOURAGE COLLABORATIONS FOR GRASSROOTS AND COMMUNITY LEADERS. IN THIS 12-MONTH, COHORT-BASED PROGRAM, FELLOWS MEET TWICE MONTHLY TO SHARE IN SKILLS TRAINING, EXPERIENTIAL LEARNING, AND COMMUNITY BUILDING. USING INPUT FROM A SELECTION COMMITTEE COMPRISED OF FOUNDATION STAFF, BOARD MEMBERS, COMMUNITY VOLUNTEERS AND ALUMNI OF JFP, THE FOUNDATION SELECTS 13-15 TO FORM EACH CLASS. OVER THE COURSE OF THE YEAR-LONG PROGRAM, FELLOWS RECEIVE: A FINANCIAL STIPEND (GRANT) TOTALING $8,500 ACCESS TO UP TO $2,500 TO FURTHER SUPPORT INDIVIDUALIZED LEADERSHIP DEVELOPMENT ACTIVITIES, AND EXTENSIVE TRAINING AND SUPPORT ON LEADERSHIP DEVELOPMENT AND COMMUNITY BUILDING.IN 2024, JANE'S FELLOWSHIP HAD 14 FELLOWS:TOTAL OPERATING EXPENSES = $395,315TOTAL GRANT EXPENSES = $119,000THE PROGRAM HAS BEEN APPROVED UNDER THE IRC CODE SECTION 4945(G)(3) BY THE INTERNAL REVENUE SERVICE IN THE PRIVATE LETTER RULING DATED JANUARY 3, 2005.

TY 2024 InvestmentsCorpBondsSchedule
Name:
THE RUSSELL FAMILY FOUNDATION
EIN:
91-1663336
Name of Bond End of Year Book Value End of Year Fair Market Value
BRECKINRIDGE MANAGED ACCOUNTS 8,457,576 8,457,576

TY 2024 InvestmentsCorpStockSchedule
Name:
THE RUSSELL FAMILY FOUNDATION
EIN:
91-1663336
Name of Stock End of Year Book Value End of Year Fair Market Value
APERIO GROUP MANAGED BY FIDELITY 8,280,154 8,280,154
VANGUARD GLOBAL ESG STOCK FUND GROUP MANAGED BY FIDELITY 2,886,948 2,886,948
ALVARIUM TIEDEMANN HOLDINGS GROUP MANAGED BY FIDELITY 527,954 527,954
XPONENCE MANAGED BY FIDELITY 6,730,540 6,730,540

TY 2024 InvestmentsGovtObligationsSch
Name:
THE RUSSELL FAMILY FOUNDATION
EIN:
91-1663336
US Government Securities - End of Year Book Value:

0
US Government Securities - End of Year Fair Market Value:

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


1,933,290
State & Local Government Securities - End of Year Fair Market Value:


1,933,290


TY 2024 InvestmentsOtherSchedule2
Name:
THE RUSSELL FAMILY FOUNDATION
EIN:
91-1663336
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ACM FUND II, LLC FMV 411,400 411,400
ACM PERMANENT CROPS, LLC FMV 1,703,392 1,703,392
BTG PACTUAL TIMERLAND INV GRP FMV 2,499,818 2,499,818
CARBON DIRECT FUND FMV 224,471 224,471
ECOTRUST FORESTS II , LLC FMV 1,284,483 1,284,483
ECOTRUST FORESTS III, LLC FMV 965,853 965,853
FORTERRA STRONG COMMUNITIES FUND I FMV 117,104 117,104
FCV-Q LP FMV 929,118 929,118
FOUNDERS' CO-OP IV LP FMV 867,963 867,963
GENERATE CAPITAL FMV 499,986 499,986
GENERATION IM FMV 9,628,634 9,628,634
GLOBAL IMPACT ACCESS PARTNERSHIP, LP FMV 8,110,458 8,110,458
GLOBAL IMPACT ACCESS PARTNERSHIP II, LP FMV 3,092,495 3,092,495
GREENBACKER RENEWABLE ENERGY FMV 2,046,195 2,046,195
HARLEM CAPITAL PARTNERS VENTURE FUND II, LP FMV 205,358 205,358
ORGANICALLY GROWN COMPANY FMV 500,000 500,000
PMF INTEGRO FUND I FMV 382,557 382,557
PORTFOLIO ADVISORS PRIVATE EQUITY FUND V (OFFSHORE) LP FMV 47,716 47,716
PORTFOLIO ADVISORS PRIVATE EQUITY VII FMV 992,842 992,842
PORTFOLIO ADVISORS SECONDARY FUND FMV 4,746 4,746
ROSE AFFORDABLE HOUSING PRESERVATION FUND IV REIT, LP FMV 1,721,268 1,721,268
SOSV III LP FMV 2,823,813 2,823,813
SOSV IV LP FMV 2,790,890 2,790,890
SQUADRON ASIA PACIFIC FUND (OFFSHORE), LP FMV 24,731 24,731
STEPSTONE VC OPPORTUNITIES FUND IV FMV 394,187 394,187
THE LYME FOREST FUND IV TE, LP FMV 417,829 417,829
WASTEWATER OPPORTUNITY FUND, LLC FMV 22,921 22,921
CARBON DIRECT FUND II-AIV I LP FMV 24,802 24,802
TERRA ALPHA GLOBAL EQUITY FUND FMV 729,701 729,701

TY 2024 LegalFeesSchedule
Name:
THE RUSSELL FAMILY FOUNDATION
EIN:
91-1663336
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 700 0   1,000


TY 2024 OtherAssetsSchedule
Name:
THE RUSSELL FAMILY FOUNDATION
EIN:
91-1663336
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
ACCRUED INCOME RECEIVABLE 152,100 363,881 363,881


TY 2024 OtherExpensesSchedule
Name:
THE RUSSELL FAMILY FOUNDATION
EIN:
91-1663336
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
DUES 64,882 0   64,882
EVENTS 234,079 0   234,079
HONORARIUMS 30,050 0   30,050
INSURANCE 18,250 0   14,127
MISCELLANEOUS 30,918 0   28,768
OFFICE SUPPLIES 3,558 0   3,558
POSTAGE 573 0   573
SERVICE CHARGES 5,585 0   5,585
STAFF RECOGNITION 6,181 0   6,181
INVESTMENT EXP FROM PASS THROUGH INVESTMENTS - K-1 169,212 413,748   0
INVESTMENT EXP FROM PASS THROUGH INVESTMENTS - NON-K-1 1,140 1,140   0
INFORMATION TECHNOLOGY 17,660 0   17,660


TY 2024 OtherIncomeSchedule2
Name:
THE RUSSELL FAMILY FOUNDATION
EIN:
91-1663336
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
INCOME/LOSS FROM NON K-1 INVESTMENTS -153,366 -153,366 -153,366
INCOME/LOSS FROM PASS THRU K-1 INVESTMENTS 1,111,910 224,215 1,111,910
CREDIT CARD REWARDS 2,306   2,306
CLASS ACTION SETTLEMENTS 975 975 975
STATE TAX REFUND 550   550


TY 2024 OtherIncreasesSchedule
Name:
THE RUSSELL FAMILY FOUNDATION
EIN:
91-1663336
Description Amount
UNREALIZED GAIN/LOSS ON SECURITIES 530,782


TY 2024 OtherLiabilitiesSchedule
Name:
THE RUSSELL FAMILY FOUNDATION
EIN:
91-1663336
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED EXCISE TAX 201,000 201,000


TY 2024 OtherProfessionalFeesSchedule
Name:
THE RUSSELL FAMILY FOUNDATION
EIN:
91-1663336
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL SERVICE FEES 15,080 0   15,010
CONTRACT LABOR 90,335 0   90,724
INVESTMENT MANAGEMENT FEES 253,118 253,118   0
PROGRAM CONSULTING 108,306 0   85,806
OTHER PROFESSIONAL FEES 496,780 0   468,856


TY 2024 TaxesSchedule
Name:
THE RUSSELL FAMILY FOUNDATION
EIN:
91-1663336
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
STATE TAXES 500 0   0
PERSONAL PROPERTY TAX 748 0   748
FOREIGN TAXES 0 490   0