BAGLEY AND VIRGINIA WRIGHT FOUNDATION: Form 990PF, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- BAGLEY AND VIRGINIA WRIGHT FOUNDATION (EIN 91-6526097)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-11-15
- IRS object ID
- 201223209349101062
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Expenditure Responsibility Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-15T11:43:48-06:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 912083338 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WELLSPRING GROUP PS CPAS | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10885 NE 4TH ST SUITE 320 | AddressLine1 |
| City | BELLEVUE | City |
| State | WA | State |
| ZIP Code | 98004 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 916526097 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAGLEY AND VIRGINIA WRIGHT FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BAGL | NameControl |
| Phone | 2062648200 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 407 DEXTER AVENUE NORTH | AddressLine1 |
| City | SEATTLE | City |
| State | WA | State |
| ZIP Code | 981094704 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | VIRGINIA B WRIGHT | Name |
| Title | TRUSTEE | Title |
| Phone | 2062648200 | Phone |
| Date Signed | 2012-11-14 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOAN S ALBEE | Name |
| PTIN | P00039081 | PTIN |
| Phone | 4254628220 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 24083928 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Interest On Savings Rev And Expnss | 32 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 32 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 236003 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 236003 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 830452 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 4647698 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 1049785 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 13268 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 5915 | OtherIncomeNetInvstIncm |
| Total Revenue And Expenses | 1079755 | TotalRevenueAndExpenses |
| Total Net Investment Income | 1291735 | TotalNetInvestmentIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 0 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Net Invst Incm | 0 | CompOfcrDirTrstNetInvstIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 0 | CompOfcrDirTrstDsbrsChrtblPrps |
| Oth Empl Slrs Wgs Rev And Expnss | 7546 | OthEmplSlrsWgsRevAndExpnss |
| Oth Empl Slrs Wgs Net Invst Incm | 0 | OthEmplSlrsWgsNetInvstIncm |
| Oth Empl Slrs Wgs Dsbrs Chrtbl Prps | 7546 | OthEmplSlrsWgsDsbrsChrtblPrps |
| Legal Fees Rev And Expnss | 363 | LegalFeesRevAndExpnss |
| Legal Fees Net Invst Incm | 0 | LegalFeesNetInvstIncm |
| Legal Fees Dsbrs Chrtbl Prps | 363 | LegalFeesDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 11836 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 5918 | AccountingFeesNetInvstIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 5918 | AccountingFeesDsbrsChrtblPrps |
| Other Prof Fees Rev And Expnss | 107880 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 107880 | OtherProfFeesNetInvstIncm |
| Other Prof Fees Dsbrs Chrtbl Prps | 0 | OtherProfFeesDsbrsChrtblPrps |
| Interest Rev And Expnss | 325 | InterestRevAndExpnss |
| Interest Net Invst Incm | 325 | InterestNetInvstIncm |
| Interest Dsbrs Chrtbl Prps | 0 | InterestDsbrsChrtblPrps |
| Taxes Rev And Expnss | 55344 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 28 | TaxesNetInvstIncm |
| Taxes Dsbrs Chrtbl Prps | 1171 | TaxesDsbrsChrtblPrps |
| Deprec And Depletion Rev And Expnss | 4847 | DeprecAndDepletionRevAndExpnss |
| Deprec And Depletion Net Invst Incm | 0 | DeprecAndDepletionNetInvstIncm |
| Occupancy Rev And Expnss | 31846 | OccupancyRevAndExpnss |
| Occupancy Net Invst Incm | 0 | OccupancyNetInvstIncm |
| Occupancy Dsbrs Chrtbl Prps | 31846 | OccupancyDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 30522 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 1546 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 26479 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 250509 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 115697 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 73323 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 950000 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 950000 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 1200509 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 115697 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 1023323 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -120754 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 1176038 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 1073655 | CashBOY |
| Cash EOY | 97 | CashEOY |
| Cash EOYFMV | 97 | CashEOYFMV |
| Savings And Temp Cash Invst BOY | 1747329 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 1226523 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 1226523 | SavingsAndTempCashInvstEOYFMV |
| Investments Corp Stock BOY | 7711 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 7711 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 271 | InvestmentsCorpStockEOYFMV |
| Investments Corp Bonds BOY | 7828651 | InvestmentsCorpBondsBOY |
| Investments Corp Bonds EOY | 16470217 | InvestmentsCorpBondsEOY |
| Investments Corp Bonds EOYFMV | 16492366 | InvestmentsCorpBondsEOYFMV |
| Investments Other BOY | 8644713 | InvestmentsOtherBOY |
| Investments Other EOY | 4643379 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 4222687 | InvestmentsOtherEOYFMV |
| Land Building And Equipment Basis | 2163893 | LandBuildingAndEquipmentBasis |
| Accum Deprec Land Bldg And Equip | 21909 | AccumDeprecLandBldgAndEquip |
| Land Building And Equipment BOY | 2143683 | LandBuildingAndEquipmentBOY |
| Land Building And Equipment EOY | 2141984 | LandBuildingAndEquipmentEOY |
| Land Building And Equipment EOYFMV | 2141984 | LandBuildingAndEquipmentEOYFMV |
| Other Assets BOY | 7955 | OtherAssetsBOY |
| Other Assets EOY | 0 | OtherAssetsEOY |
| Other Assets EOYFMV | 0 | OtherAssetsEOYFMV |
| Total Assets BOY | 21453697 | TotalAssetsBOY |
| Total Assets EOY | 24489911 | TotalAssetsEOY |
| Total Assets EOYFMV | 24083928 | TotalAssetsEOYFMV |
| Other Liabilities BOY | 0 | OtherLiabilitiesBOY |
| Other Liabilities EOY | 76 | OtherLiabilitiesEOY |
| Total Liabilities BOY | 0 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 76 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 0 | CapitalStockBOY |
| Capital Stock EOY | 0 | CapitalStockEOY |
| Paid In Or Capital Surplus BOY | 0 | PaidInOrCapitalSurplusBOY |
| Paid In Or Capital Surplus EOY | 0 | PaidInOrCapitalSurplusEOY |
| Retained Earnings BOY | 21453697 | RetainedEarningsBOY |
| Retained Earnings EOY | 24489835 | RetainedEarningsEOY |
| Total Net Assets BOY | 21453697 | TotalNetAssetsBOY |
| Total Net Assets EOY | 24489835 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 21453697 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 24489911 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 21453697 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -120754 | ExcessOfRevenueOverExpenses |
| Other Increases | 3306901 | OtherIncreases |
| Subtotal | 24639844 | Subtotal |
| Other Decreases | 150009 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 24489835 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (15 entries)
| Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Date AcquiredDateAcquired | Date SoldDateSold | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis |
|---|---|---|---|---|---|---|---|
| K-1 ABRAMS CAPITAL PARTNERS II, LP | P | 2011-01-01 | 2011-12-31 | 3065 | 3065 | ||
| K-1 ABRAMS CAPITAL PARTNERS II, LP | P | 2010-01-01 | 2011-12-31 | 19362 | 19362 | ||
| K-1 TIFF PARTNERS IV LLC | P | 2011-01-01 | 2011-12-31 | 613 | 613 | ||
| K-1 TIFF PARTNERS IV LLC | P | 2010-01-01 | 2011-12-31 | 244686 | 244686 | ||
| K-1 WATERSHED CAPITAL | P | 2011-01-01 | 2011-12-31 | -210167 | -210167 | ||
| K-1 WATERSHED CAPITAL | P | 2010-01-01 | 2011-12-31 | -196390 | -196390 | ||
| 75,702.86 SHS SHORT TERM BOND FUND OF AMERICA | P | 2011-01-01 | 2011-12-20 | -2453 | -2453 | 762340 | 764793 |
| 900.99 SHS SHORT TERM BOND FUND OF AMERICA | P | 2010-01-01 | 2011-07-19 | -18 | -18 | 9100 | 9118 |
| WATERSHED CAPITAL INSTITUTIONAL PARTNERS - DISTRIBUTIONS IN EXCESS OF BASIS | P | 2007-01-01 | 2011-12-31 | 219333 | 219333 | 219333 | |
| ETON PARK OVERSEAS FUND LTD | P | 2007-12-01 | 2011-02-14 | 145325 | 145325 | 703294 | 557969 |
| LINCOLN VALUE EUROPEAN PARTNERS | P | 2007-01-01 | 2011-06-01 | 146225 | 146225 | 607063 | 460838 |
| FIR TREE INTERNATIONAL FUND | P | 2006-06-13 | 2011-12-31 | 129210 | 129210 | 129210 | |
| TACONIC OPPORTUNITY OFFSHORE FUND LTD | P | 2008-04-01 | 2011-04-30 | -151971 | -151971 | 631213 | 783184 |
| HALL CAPITAL SPEC OPPORTUNITIES | P | 2010-01-01 | 2011-12-31 | 34144 | 34144 | 34144 | |
| FARALLON CAPITAL OFFSHORE INVESTORS | P | 2003-03-24 | 2011-12-31 | 668821 | 668821 | 1552001 | 883180 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 1049785 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 2114741 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 23882278 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.088549 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 5727303 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 26012927 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.220171 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 2529842 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 32857084 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.076995 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 2525885 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 41077795 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.061490 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 2446116 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 38503795 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.063529 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.510734 | TotalDistributionRatio |
| Average Distribution Ratio | 0.102147 | AverageDistributionRatio |
| Net Noncharitable Assets | 22941639 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 2343420 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 11760 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 2355180 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 1023323 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 23521 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 23521 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 23521 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 32874 | EstTaxPaymentsAndOverpayment |
| Tax Paid With Extension | 20000 | TaxPaidWithExtension |
| Total Credits And Payments | 52874 | TotalCreditsAndPayments |
| Penalty For Underpayment | 120 | PenaltyForUnderpayment |
| Overpayment | 29233 | Overpayment |
| Amount Credited To Next Year | 29233 | AmountCreditedToNextYear |
| Amount To Be Refunded | 0 | AmountToBeRefunded |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | 0 | LegislativePoliticalActivities |
| More Than100 Spent | 0 | MoreThan100Spent |
| Form1120 POL Filed | 0 | Form1120POLFiled |
| Sect4955 Tax On Organization | 0 | Sect4955TaxOnOrganization |
| Sect4955 Tax On Managers | 0 | Sect4955TaxOnManagers |
| Reimbursement Of Tax | 0 | ReimbursementOfTax |
| Activities Not Prev Reported | 0 | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | 1 | UnrelatedBusIncomeOver1000 |
| Form990 T Filed | 1 | Form990TFiled |
| Termination Etc | 0 | TerminationEtc |
| Requirements Of Sect508e | 1 | RequirementsOfSect508e |
| At Least5000 In Assets | 1 | AtLeast5000InAssets |
| States Filed With | WA | StatesFiledWith |
| Form990 PF Filed With AG | 1 | Form990PFFiledWithAG |
| Private Operating Foundation | 0 | PrivateOperatingFoundation |
| New Substantial Contributors | 0 | NewSubstantialContributors |
| Interest In Controlled Entity | 0 | InterestInControlledEntity |
| Applicable Insurance Contract | 0 | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | 1 | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JAN DAY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 2062648200 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 407 DEXTER AVENUE N | AddressLine1 |
| City | SEATTLE | City |
| State | WA | State |
| ZIP Code | 981094704 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | 0 | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | 0 | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | 0 | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | 0 | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | 0 | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | 0 | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | 0 | PaymentToGovernmentOffical |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActs |
| Undistributed Income Prior Years | 0 | UndistributedIncomePriorYears |
| Business Holdings | 0 | BusinessHoldings |
| Jeopardy Investments | 0 | JeopardyInvestments |
| Uncorrected Jeopardy Investments | 0 | UncorrectedJeopardyInvestments |
| Influence Legislation | 0 | InfluenceLegislation |
| Influence Election | 0 | InfluenceElection |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Noncharitable Purpose | 0 | NoncharitablePurpose |
| Tr Fail To Qualify As Exceptions | 0 | TrFailToQualifyAsExceptions |
| Maint Expend Responsibility | 1 | MaintExpendResponsibility |
| Rcv Funds To Pay Prsnl Bnft Contract | 0 | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | 0 | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | 0 | ProhibitedTaxShelterTransactn |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (5 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation | Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc | Expense Account Other AllowancesExpenseAccountOtherAllowances |
|---|---|---|---|---|---|---|---|---|
| VIRGINIA B WRIGHT | ||||||||
| 407 DEXTER AVENUE N | SEATTLE | WA | 981094704 | TRUSTOR/TRUSTEE | 5.00 | 0 | 0 | 0 |
| CHARLES B WRIGHT III | ||||||||
| 407 DEXTER AVENUE N | SEATTLE | WA | 981094704 | TRUSTEE | 1.00 | 0 | 0 | 0 |
| MERRILL WRIGHT | ||||||||
| 407 DEXTER AVENUE N | SEATTLE | WA | 981094704 | TRUSTEE | 1.00 | 0 | 0 | 0 |
| ROBIN WRIGHT MOLL | ||||||||
| 3941 WASHINGTON STREET | SAN FRANCISCO | CA | 94118 | TRUSTEE | 1.00 | 0 | 0 | 0 |
| PRENTICE B WRIGHT BING | ||||||||
| 1165 5TH AVENUE 10A | NEW YORK | NY | 10029 | TRUSTEE | 1.00 | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Tot Number Of Oth Empl Paid Over50k | 0 | TotNumberOfOthEmplPaidOver50k |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
| Tot Number Of Cntrct Paid Over50k | 0 | TotNumberOfCntrctPaidOver50k |
Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | OPERATION OF AN ART GALLERY FOR THE EXHIBITION OF ART AVAILABLE FOR VIEWING BY STUDENTS, ARTISTS, MUSEUMS AND THE GENERAL PUBLIC. | Description1 |
| Expenses1 | 26350 | Expenses1 |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1 |
| Amount1 | 0 | Amount1 |
| Total | 0 | Total |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 15686331 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 1240002 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 6364671 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 23291004 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 23291004 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 349365 | CashDeemedCharitable |
| Net Noncharitable Assets | 22941639 | NetNoncharitableAssets |
| Minimum Investment Return | 1147082 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 1147082 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 23521 | TaxBasedOnInvestmentIncome |
| Income Tax For This Year | 106 | IncomeTaxForThisYear |
| Total Tax | 23627 | TotalTax |
| Distributable Amount Before Adj | 1123455 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 0 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 1123455 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 1123455 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 1023323 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 1023323 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 0 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 1023323 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 1123455 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 0 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Excess Distri Carryover Year4 | 381889 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 896044 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 4431185 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 941611 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 6650729 | TotalExcessDistriCarryover |
| Qualifying Distributions | 1023323 | QualifyingDistributions |
| Applied To Year1 | 0 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 1023323 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 0 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 100132 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 100132 | ExcessDistriCyovAppliedCY |
| Total Corpus | 6550597 | TotalCorpus |
| Prior Year Undistributed Income | 0 | PriorYearUndistributedIncome |
| Prior Year Deficiency Or Tax | 0 | PriorYearDeficiencyOrTax |
| Taxable Amount1 | 0 | TaxableAmount1 |
| Taxable Amount2 | 0 | TaxableAmount2 |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Distri From Corpus170b1 E Or4942g3 | 0 | DistriFromCorpus170b1EOr4942g3 |
| Excess Distri Cyov From Year5 | 0 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 6550597 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 281757 | ExcessFromYear4 |
| Excess From Year3 | 896044 | ExcessFromYear3 |
| Excess From Year2 | 4431185 | ExcessFromYear2 |
| Excess From Year1 | 941611 | ExcessFromYear1 |
Supplementary Information SupplementaryInformation
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | JAN DAY | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 407 DEXTER AVE N | AddressLine1 |
| City | SEATTLE | City |
| State | WA | State |
| ZIP Code | 981094704 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 2062648200 | RecipientPhoneNumber |
| Form And Info And Materials | THERE IS NO STANDARD APPLICATION | FormAndInfoAndMaterials |
| Submission Deadlines | THERE IS NO SUBMISSION DEADLINE | SubmissionDeadlines |
| Restrictions On Awards | THE FUND PROVIDES FINANCIAL ASSISTANCE TO ANY QUALIFYING CHARITABLE BENEFICIARY UNDER 501(C)3-509(A)1,2 OR 3 | RestrictionsOnAwards |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (9 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|
| BLOEDEL RESERVE | |||||||
| 7571 NE DOLPHIN DRIVE | BAINBRIDGE ISLAND | WA | 98110 | NONE | PUBLIC CHARITY | OPERATING | $250,000 |
| CHILDREN OF SHELTERS | |||||||
| 2269 CHESTNUT STREET BOX 439 | SAN FRANCISCO | CA | 94123 | NONE | PUBLIC CHARITY | OPERATING | $5,000 |
| ISLANDWOOD | |||||||
| 4450 BIKELY AVE NE | BAINBRIDGE ISLAND | WA | 98110 | NONE | PUBLIC CHARITY | OPERATING | $25,000 |
| PRINCETON UNIVERSITY | |||||||
| 330 ALEXANDER STREET | PRINCETON | NJ | 08544 | NONE | EDUCATION INSTIT. | OPERATING | $10,000 |
| SEATTLE ART MUSEUM | |||||||
| 100 UNIVERSITY STREET | SEATTLE | WA | 98122 | NONE | PUBLIC CHARITY | ENDOWMENT | $100,000 |
| SEATTLE OPERA | |||||||
| PO BOX 9248 | SEATTLE | WA | 98109 | NONE | PUBLIC CHARITY | ENDOWMENT | $250,000 |
| SEATTLE REPERTORY THEATRE | |||||||
| PO BOX 900923 155 MERCER ST | SEATTLE | WA | 98109 | NONE | PUBLIC CHARITY | OPERATING | $50,000 |
| STORM KING ART CENTER | |||||||
| PO BOX 280 OLD PLEASANT HILL RD | MOUNTAINVILLE | NY | 12553 | NONE | PUBLIC CHARITY | OPERATING | $10,000 |
| WESTERN FOUNDATION | |||||||
| OLD MAIN 430 MS 904 516 HIGH ST | BELLINGHAM | WA | 98225 | NONE | PUBLIC CHARITY | OPERATING | $250,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 950000 | TotGrantOrContriPaidDuringYear |
| Tot Grant Or Contri Approved Future | 0 | TotGrantOrContriApprovedFuture |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $32 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $236,003 | ExclusionAmount |
Other Investment Income Part VII OtherInvestmentIncomePartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $13,268 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $830,452 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $0 | UnrelatedBusinessIncomeAmount |
| Exclusion | $1,079,755 | ExclusionAmount |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 1079755 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | 0 | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | 0 | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | 0 | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | 0 | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | 0 | ReimbursementArrangements |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuarantees |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | 0 | RelationshipsNoncharitableEOs |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | Category |
| Amount | $11,836 | Amount |
| Net Investment Income | 5918 | NetInvestmentIncome |
| Disbursements Charitable Prps | 5918 | DisbursementsCharitablePrps |
Depreciation Schedule DepreciationSchedule
Depreciation Depreciation (4 entries)
| Description Of PropertyDescriptionOfProperty | Date AcquiredDateAcquired | Cost Or Other BasisCostOrOtherBasis | Prior Years DepreciationPriorYearsDepreciation | Computation MethodComputationMethod | LifeLife | Current Year ExpenseCurrentYearExpense | Net Investment IncomeNetInvestmentIncome |
|---|---|---|---|---|---|---|---|
| BUILDING | 1999-01-01 | 22200 | 6831 | SL | 39.000000000000 | 569 | 0 |
| IMPROVEMENTS | 1999-01-01 | 37154 | 11432 | SL | 39.000000000000 | 953 | 0 |
| IMPROVEMENTS | 2000-01-13 | 6904 | 1947 | SL | 39.000000000000 | 177 | 0 |
| LAND | 1999-01-01 | 2097635 | L | 0 | 0 |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibility (3 entries)
| Address Line1USAddress/AddressLine1 | Address Line2USAddress/AddressLine2 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | Grant DateGrantDate | GrantGrantAmount | Grant PurposeGrantPurpose | Amount Expended By GranteeAmountExpendedByGrantee | Any Diversion By GranteeAnyDiversionByGrantee | Dates Of Reports By GranteeDatesOfReportsByGrantee | Results Of VerificationResultsOfVerification |
|---|---|---|---|---|---|---|---|---|---|---|---|
| B & M WRIGHT FOUNDATION | |||||||||||
| C/O WELLSPRING GROUP PS CPAS 10885 | NE FOURTH S | BELLEVUE | WA | 98004 | 2009-07-31 | $1,000,000 | TO CARRY OUT CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATION PURPOSES. | 115300 | NO | 11/08/2012 | THE GRANT FUNDS CONTINUE TO BE USED SOLELY FOR THE PURPOSES DESCRIBED IN THE GRANT AGREEMENT. |
| LADY FOUNDATION | |||||||||||
| C/O WELLSPRING GROUP PS CPAS 10885 | NE FOURTH S | BELLEVUE | WA | 98004 | 2009-08-13 | $1,000,000 | TO CARRY OUT CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATION PURPOSES. | 101830 | NO | 11/08/2012 | THE GRANT FUNDS CONTINUE TO BE USED SOLELY FOR THE PURPOSES DESCRIBED IN THE GRANT AGREEMENT. |
| CHARLES AND BARBARA WRIGHT FOUNDATION | |||||||||||
| 407 DEXTER AVENUE N | SEATTLE | WA | 89109 | 2009-10-23 | $1,000,000 | TO CARRY OUT CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATION PURPOSES. | 373991 | NO | 11/08/2012 | THE GRANT FUNDS CONTINUE TO BE USED SOLELY FOR THE PURPOSES DESCRIBED IN THE GRANT AGREEMENT. | |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corp Bonds InvestmentsCorpBonds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Bond | SHORT TERM BOND FUND OF AMERICA | NameOfBond |
| EOY Book Value | 16470217 | EOYBookValue |
| EOYFMV | 16492366 | EOYFMV |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Stock | FIBERTOWER CORP | NameOfStock |
| EOY Book Value | 7711 | EOYBookValue |
| EOYFMV | 271 | EOYFMV |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther (9 entries)
| Category Or ItemCategoryOrItem | Listed At Cost Or FMVListedAtCostOrFMV | Book ValueBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| ABRAMS CAPITAL | AT COST | 164339 | 164339 |
| ETON PARK | AT COST | 1176076 | 1309734 |
| FARALLON CAPITAL | AT COST | 116820 | 205280 |
| HALL CAP SPEC OPS | AT COST | 661318 | 879767 |
| LINCOLN VALE EUROPEAN PARTNERS | AT COST | 0 | 0 |
| PROSPECT HARBOR | AT COST | 1014014 | 152755 |
| TACONIC OPPORTUNITY | AT COST | 0 | 0 |
| TIFF PARTNERS IV | AT COST | 1478824 | 1478824 |
| WATERSHED CAPITAL | AT COST | 31988 | 31988 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtc (4 entries)
| Category Or ItemCategoryOrItem | Cost Or Other BasisCostOrOtherBasis | Accumulated DepreciationAccumulatedDepreciation | Book ValueBookValue |
|---|---|---|---|
| BUILDING | 22200 | 7400 | 14800 |
| IMPROVEMENTS | 37154 | 12385 | 24769 |
| IMPROVEMENTS | 6904 | 2124 | 4780 |
| LAND | 2097635 | 0 | 2097635 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | Category |
| Amount | $363 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Disbursements Charitable Prps | 363 | DisbursementsCharitablePrps |
Other Assets Schedule OtherAssetsSchedule
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | FEDERAL EXCISE TAX PAID | Description |
| BOY Book Value | 7955 | BOYBookValue |
| EOY Book Value | 0 | EOYBookValue |
| EOYFMV | 0 | EOYFMV |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases OtherDecreases
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | BOOK-TAX DIFFERENCE TIFF PARTNERSHIP | Description |
| Amount | $150,009 | Amount |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| EXHIBITION EXPENSE | 26350 | 0 | 26350 |
| OTHER EXPENSES | 4087 | 1546 | 44 |
| OFFICE EXPENSES | 85 | 0 | 85 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome (6 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Adjusted Net IncomeAdjustedNetIncome |
|---|---|---|---|
| K-1 ABRAMS CAPITAL PARTNERS II, LP | 705 | 491 | 705 |
| CAPITAL GUARDIAN TRUST CO | 3360 | 3360 | 3360 |
| K-1 TIFF PARTNERS IV LLC | 8406 | 1267 | 8406 |
| JP MORGAN | 406 | 406 | 406 |
| ASPEN CAPITAL PARTNERS | 318 | 318 | 318 |
| OTHER INVESTMENT INCOME | 73 | 73 | 73 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases OtherIncreases (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| BOOK-TAX DIFFERENCE ABRAMS PARTNERSHIP | $1,671,229 |
| BOOK-TAX DIFFERENCE WATERSHED PARTNERSHIP | $664,215 |
| BOOK-TAX DIFFERENCE HALL CAP SPEC OPS | $971,457 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PAYROLL WITHHOLDING | Description |
| BOY Book Value | 0 | BOYBookValue |
| EOY Book Value | 76 | EOYBookValue |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees (5 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| MANAGEMENT FEES | $42,554 | 42554 | 0 |
| HALL CAP SPEC OPS | $17,012 | 17012 | 0 |
| K-1 ABRAMS CAPITAL PARTNERS II, LP PORTFOLIO EXPENSES | $2,007 | 2007 | 0 |
| K-1 WATERSHED CAPITAL | $33 | 33 | 0 |
| K-1 TIFF PARTNERS IV | $46,274 | 46274 | 0 |
Taxes Schedule TaxesSchedule
Taxes Taxes (3 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| PAYROLL TAXES | $1,171 | 0 | 1171 |
| FOREIGN TAX | $28 | 28 | 0 |
| EXCISE TAXES | $54,145 | 0 | 0 |
Comments