BAGLEY AND VIRGINIA WRIGHT FOUNDATION: Form 990PF, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: BAGLEY AND VIRGINIA WRIGHT FOUNDATION (EIN 91-6526097)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-11-14
IRS object ID: 201123189349100122
Schema version: 2010v3.4
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	2011-11-14T13:44:56-06:00	Timestamp
Tax Period End Date	2010-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

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	2010-01-01	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 VIRGINA 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 WRIGHTTRUSTEE	Name
Title	TRUSTEE	Title
Phone	2062648200	Phone
Date Signed	2011-08-03	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	JOAN S ALBEE	Name
Phone	4254628220	Phone

Field	Value	IRS element (for citing)
Tax Year	2010	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	21573216	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	100687	InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm	100651	InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss	222358	DividendsRevAndExpnss
Dividends Net Invst Incm	222358	DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss	943221	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	9225251	GrossSalesPrice
Capital Gain Net Incm Net Invst Incm	943221	CapitalGainNetIncmNetInvstIncm
Other Income Rev And Expnss	5507	OtherIncomeRevAndExpnss
Other Income Net Invst Incm	5507	OtherIncomeNetInvstIncm
Total Revenue And Expenses	1271773	TotalRevenueAndExpenses
Total Net Investment Income	1271737	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	6302	OthEmplSlrsWgsRevAndExpnss
Oth Empl Slrs Wgs Net Invst Incm	0	OthEmplSlrsWgsNetInvstIncm
Oth Empl Slrs Wgs Dsbrs Chrtbl Prps	6302	OthEmplSlrsWgsDsbrsChrtblPrps
Legal Fees Rev And Expnss	7134	LegalFeesRevAndExpnss
Legal Fees Net Invst Incm	3567	LegalFeesNetInvstIncm
Legal Fees Dsbrs Chrtbl Prps	3567	LegalFeesDsbrsChrtblPrps
Accounting Fees Rev And Expnss	14451	AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm	7225	AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps	7226	AccountingFeesDsbrsChrtblPrps
Other Prof Fees Rev And Expnss	210248	OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm	210248	OtherProfFeesNetInvstIncm
Other Prof Fees Dsbrs Chrtbl Prps	0	OtherProfFeesDsbrsChrtblPrps
Interest Rev And Expnss	648	InterestRevAndExpnss
Interest Net Invst Incm	648	InterestNetInvstIncm
Interest Dsbrs Chrtbl Prps	0	InterestDsbrsChrtblPrps
Taxes Rev And Expnss	1323	TaxesRevAndExpnss
Taxes Net Invst Incm	859	TaxesNetInvstIncm
Taxes Dsbrs Chrtbl Prps	464	TaxesDsbrsChrtblPrps
Deprec And Depletion Rev And Expnss	1699	DeprecAndDepletionRevAndExpnss
Deprec And Depletion Net Invst Incm	0	DeprecAndDepletionNetInvstIncm
Occupancy Rev And Expnss	32781	OccupancyRevAndExpnss
Occupancy Net Invst Incm	0	OccupancyNetInvstIncm
Occupancy Dsbrs Chrtbl Prps	32781	OccupancyDsbrsChrtblPrps
Other Expenses Rev And Expnss	63067	OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm	0	OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps	63067	OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	337653	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	222547	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	113407	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	2001334	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	2001334	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	2338987	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	222547	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	2114741	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	-1067214	ExcessOfRevenueOverExpenses
Net Investment Income	1049190	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash BOY	92902	CashBOY
Cash EOY	1073655	CashEOY
Cash EOYFMV	1073655	CashEOYFMV
Savings And Temp Cash Invst BOY	424520	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	1747329	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	1747329	SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY	1091248	InvestmentsCorpStockBOY
Investments Corp Stock EOY	7711	InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV	5829	InvestmentsCorpStockEOYFMV
Investments Corp Bonds BOY	5928289	InvestmentsCorpBondsBOY
Investments Corp Bonds EOY	7828651	InvestmentsCorpBondsEOY
Investments Corp Bonds EOYFMV	7843448	InvestmentsCorpBondsEOYFMV
Investments Other BOY	15403190	InvestmentsOtherBOY
Investments Other EOY	8644713	InvestmentsOtherEOY
Investments Other EOYFMV	8751317	InvestmentsOtherEOYFMV
Land Building And Equipment Basis	2163893	LandBuildingAndEquipmentBasis
Accum Deprec Land Bldg And Equip	20210	AccumDeprecLandBldgAndEquip
Land Building And Equipment BOY	2149501	LandBuildingAndEquipmentBOY
Land Building And Equipment EOY	2143683	LandBuildingAndEquipmentEOY
Land Building And Equipment EOYFMV	2143683	LandBuildingAndEquipmentEOYFMV
Other Assets BOY	7955	OtherAssetsBOY
Other Assets EOY	7955	OtherAssetsEOY
Other Assets EOYFMV	7955	OtherAssetsEOYFMV
Total Assets BOY	25097605	TotalAssetsBOY
Total Assets EOY	21453697	TotalAssetsEOY
Total Assets EOYFMV	21573216	TotalAssetsEOYFMV
Other Liabilities BOY	167	OtherLiabilitiesBOY
Other Liabilities EOY	0	OtherLiabilitiesEOY
Total Liabilities BOY	167	TotalLiabilitiesBOY
Total Liabilities EOY	0	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	25097438	RetainedEarningsBOY
Retained Earnings EOY	21453697	RetainedEarningsEOY
Total Net Assets BOY	25097438	TotalNetAssetsBOY
Total Net Assets EOY	21453697	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	25097605	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	21453697	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	25097438	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	-1067214	ExcessOfRevenueOverExpenses
Other Increases	123791	OtherIncreases
Subtotal	24154015	Subtotal
Other Decreases	2700318	OtherDecreases
Total Net Assets Fund Balances EOY	21453697	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (16 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	2010-01-01	2010-12-31	930	930
K-1 WATERSHED CAPITAL	P	2010-01-01	2010-12-31	58013	58013
HALL CAPITAL SPEC OPPORTUNITIES	P	2010-01-01	2010-12-31	141243	141243
LONGLEAF PARTNERS INT'L FUND	P	2009-01-01	2010-05-19	255192	255192	1338729	1083537
K-1 ABRAMS CAPITAL PARTNERS II, LP	P	2009-01-01	2010-12-31	39304	39304
K-1 TIFF PARTNERS IV	P	2009-01-01	2010-12-31	164923	164923
FIR TREE INTL FUND	P	2009-01-01	2010-12-31	661783	661783	1161783	500000
K-1 WATERSHED CAPITAL	P	2009-01-01	2010-12-31	-114409	-114409
SOWOOD ALPHA FUND	P	2009-01-01	2010-12-31	-504124	-504124		504124
SECURITIES LITIGATION PROCEEDS	P	2009-01-01	2010-12-31	1382	1382	1382
K-1 TIFF PARTNERS IV LLC	P	2010-01-01	2010-12-31	34958	34958
64,506 BOND FUND OF AMERICA	P	2009-11-06	2010-06-09	22966	22966	785678	762712
64,416 INTERMED BOND FUND OF AMERICA	P	2009-07-29	2010-06-29	16706	16706	867682	850976
169,587 SHORT TERM BOND FUND OF AMERICA	P	2010-10-11	2010-12-15	-13928	-13928	1704410	1718338
229,687 INTERMED BOND FUND OF AMERICA	P	2009-01-05	2010-06-29	171387	171387	3093890	2922503
26,795 SHORT TERM BOND FUND OF AMERICA	P	2009-08-03	2010-08-04	6895	6895	271697	264802

Field	Value	IRS element (for citing)
Capital Gain Net Income	943221	CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	0	LiableFor4942Tax
Qualifying Distributions Year1	5727303	QualifyingDistributionsYear1
Noncharitable Assets Year1	26012927	NoncharitableAssetsYear1
Distribution Ratio Year1	0.220171	DistributionRatioYear1
Qualifying Distributions Year2	2529842	QualifyingDistributionsYear2
Noncharitable Assets Year2	32857084	NoncharitableAssetsYear2
Distribution Ratio Year2	0.076995	DistributionRatioYear2
Qualifying Distributions Year3	2525885	QualifyingDistributionsYear3
Noncharitable Assets Year3	41077795	NoncharitableAssetsYear3
Distribution Ratio Year3	0.061490	DistributionRatioYear3
Qualifying Distributions Year4	2446116	QualifyingDistributionsYear4
Noncharitable Assets Year4	38503795	NoncharitableAssetsYear4
Distribution Ratio Year4	0.063529	DistributionRatioYear4
Qualifying Distributions Year5	1396184	QualifyingDistributionsYear5
Noncharitable Assets Year5	33024885	NoncharitableAssetsYear5
Distribution Ratio Year5	0.042277	DistributionRatioYear5
Total Distribution Ratio	0.464462	TotalDistributionRatio
Average Distribution Ratio	0.092892	AverageDistributionRatio
Net Noncharitable Assets	23882278	NetNoncharitableAssets
Adjusted Noncharitable Assets	2218473	AdjustedNoncharitableAssets
One Percent Net Investment Income	10492	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	2228965	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	2114741	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	20984	InvestmentIncomeExciseTax
Tax Under Section511	0	TaxUnderSection511
Subtotal	20984	Subtotal
Subtitle A Tax	0	SubtitleATax
Tax Based On Investment Income	20984	TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment	7955	EstTaxPaymentsAndOverpayment
Tax Paid With Extension	15000	TaxPaidWithExtension
Total Credits And Payments	22955	TotalCreditsAndPayments
Overpayment	1971	Overpayment
Amount Credited To Next Year	1971	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	0	UnrelatedBusIncomeOver1000
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

Compensation Of Hghst Paid Cntrct CompensationOfHghstPaidCntrct

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	HALL CAPITAL	BusinessNameLine1

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	ONE MARITIME PLAZA 5TH FLOOR	AddressLine1
City	SAN FRANCISCO	City
State	CA	State
ZIP Code	94111	ZIPCode

Field	Value	IRS element (for citing)
Type Of Service	INVESTMENT MGMT.	TypeOfService
Compensation	71086	Compensation

Field	Value	IRS element (for citing)
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	62535	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	8170551	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	579375	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	15496042	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	24245968	TotalFMVOfUnusedAssets
Reduction Claimed	0	ReductionClaimed
Acquisition Indebtedness	0	AcquisitionIndebtedness
Adj Total FMV Of Unused Assets	24245968	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	363690	CashDeemedCharitable
Net Noncharitable Assets	23882278	NetNoncharitableAssets
Minimum Investment Return	1194114	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	1194114	MinimumInvestmentReturn
Tax Based On Investment Income	20984	TaxBasedOnInvestmentIncome
Total Tax	20984	TotalTax
Distributable Amount Before Adj	1173130	DistributableAmountBeforeAdj
Recoveries Qlfy Distributions	0	RecoveriesQlfyDistributions
Distributable Amount Before Ded	1173130	DistributableAmountBeforeDed
Deduction Fr Distributable	$0	DeductionFrDistributableAmount
Distributable Amount As Adjusted	1173130	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	2114741	ExpensesAndContributions
Program Related Investments Total	0	ProgramRelatedInvestmentsTotal
Qualifying Distributions	2114741	QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm	0	OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions	2114741	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	1173130	DistributableAmountAsAdjusted
Undistributed Income Prior Year	0	UndistributedIncomePriorYear
Total For Prior Years	0	TotalForPriorYears
Excess Distri Carryover Year3	381889	ExcessDistriCarryoverYear3
Excess Distri Carryover Year2	896044	ExcessDistriCarryoverYear2
Excess Distri Carryover Year1	4431185	ExcessDistriCarryoverYear1
Total Excess Distri Carryover	5709118	TotalExcessDistriCarryover
Qualifying Distributions	2114741	QualifyingDistributions
Applied To Year1	0	AppliedToYear1
Applied To Prior Years	0	AppliedToPriorYears
Treated As Distri From Corpus	0	TreatedAsDistriFromCorpus
Applied To Current Year	1173130	AppliedToCurrentYear
Remaining Distri From Corpus	941611	RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus	0	ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY	0	ExcessDistriCyovAppliedCY
Total Corpus	6650729	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	6650729	ExcessDistriCyovToNextYear
Excess From Year3	381889	ExcessFromYear3
Excess From Year2	896044	ExcessFromYear2
Excess From Year1	4431185	ExcessFromYear1
Excess From Current Year	941611	ExcessFromCurrentYear

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 (13 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	$300,000
CONNECTICUT COLLEGE
270 MOHEGAN AVE	NEW LONDON	CT	06320	NONE	EDUCATION INSTIT.	OPERATING	$2,500
ISLANDWOOD
4450 BIKELY AVE NE	BAINBRIDGE ISLAND	WA	98110	NONE	PUBLIC CHARITY	OPERATING	$200,000
NATIONAL ALLIANCE TO END HOMELESSNESS
1518 K STREET NW SUITE 410	WASHINGTON	DC	20005	NONE	PUBLIC CHARITY	OPERATING	$5,000
NATIONAL MS SOCIETY
192 NICKERSON STREET SUITE 100	SEATTLE	WA	98109	NONE	PUBLIC CHARITY	OPERATING	$17,000
NATIONAL WILDLIFE FEDERATION
11100 WILDLIFE CENTER DRIVE	RESTON	VA	20190	NONE	PUBLIC CHARITY	OPERATING	$5,000
NORTHWEST CHILDRENS FUND
2100 24TH AVE S	SEATTLE	WA	98144	NONE	PUBLIC CHARITY	OPERATING	$2,500
PRINCETON UNIVERSITY
330 ALEXANDER STREET	PRINCETON	NJ	08544	NONE	EDUCATION INSTIT.	OPERATING	$510,000
SAN FRANCISCO FOOD BANK
900 PENNSYLVANIA AVENUE	SAN FRANCISCO	CA	94107	NONE	PUBLIC CHARITY	OPERATING	$5,000
SEATTLE ART MUSEUM
100 UNIVERSITY STREET	SEATTLE	WA	98122	NONE	PUBLIC CHARITY	ENDOWMENT	$576,334
SEATTLE ART MUSEUM
100 UNIVERSITY STREET	WASHINGTON	DC	20037	NONE	PUBLIC CHARITY	OPERATING	$103,000
SEATTLE OPERA
1020 JOHN STREET	SEATTLE	WA	98109	NONE	PUBLIC CHARITY	ENDOWMENT	$250,000
WASHINGTON CLIMBERS COALITION
PO BOX 77315	SEATTLE	WA	98177	NONE	PUBLIC CHARITY	OPERATING	$25,000

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	2001334	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	$100,687	ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$222,358	ExclusionAmount

Other Investment Income Part VII OtherInvestmentIncomePartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$5,507	ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Exclusion Code	18	ExclusionCode
Exclusion	$943,221	ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Unrelated Business Income	$0	UnrelatedBusinessIncomeAmount
Exclusion	$1,271,773	ExclusionAmount
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Part XVIA	1271773	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	$14,451	Amount
Net Investment Income	7225	NetInvestmentIncome
Disbursements Charitable Prps	7226	DisbursementsCharitablePrps

Depreciation Schedule DepreciationSchedule

Depreciation Depreciation (3 entries)

Description Of PropertyDescriptionOfProperty	Date AcquiredDateAcquired	Cost Or Other BasisCostOrOtherBasis	Prior Years DepreciationPriorYearsDepreciation	Computation MethodComputationMethod	LifeLife	Current Year ExpenseCurrentYearExpense
BUILDING	1999-01-01	22200	6262	SL	39.000000000000	569
IMPROVEMENTS	1999-01-01	37154	10479	SL	39.000000000000	953
IMPROVEMENTS	2000-01-13	6904	1770	SL	39.000000000000	177

Expenditure Responsibility Stmt ExpenditureResponsibilityStmt

Expenditure Responsibility ExpenditureResponsibility (4 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	Grant DateGrantDate	GrantGrantAmount	Grant PurposeGrantPurpose	Any Diversion By GranteeAnyDiversionByGrantee	Dates Of Reports By GranteeDatesOfReportsByGrantee	Date Of VerificationDateOfVerification	Results Of VerificationResultsOfVerification	Amount Expended By GranteeAmountExpendedByGrantee
B & M WRIGHT FOUNDATION
C/O WELLSPRING GROUP PS CPAS 10885	BELLEVUE	WA	98004	2009-07-31	$1,000,000	TO CARRY OUT CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATION PURPOSES.	NO	11/08/2010	2010-11-08	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	BELLEVUE	WA	98004	2009-08-13	$1,000,000	TO CARRY OUT CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATION PURPOSES.	NO	11/08/2010	2010-11-08	THE GRANT FUNDS CONTINUE TO BE USED SOLELY FOR THE PURPOSES DESCRIBED IN THE GRANT AGREEMENT.	0
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.	NO	11/08/2010	2010-11-08	THE GRANT FUNDS CONTINUE TO BE USED SOLELY FOR THE PURPOSES DESCRIBED IN THE GRANT AGREEMENT.	153983
ROBIN WRIGHT FAMILY FOUNDATION
407 DEXTER AVENUE N	SEATTLE	WA	89109	2009-08-13	$1,000,000	TO CARRY OUT CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATION PURPOSES.	NO	11/08/2010	2010-11-08	THE GRANT FUNDS WERE USED SOLELY FOR THE PURPOSES DESCRIBED IN THE GRANT AGREEMENT.	1000000

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corp Bonds InvestmentsCorpBonds (3 entries)

Name Of BondNameOfBond	EOY Book ValueEOYBookValue	EOYFMVEOYFMV
BOND FUND OF AMERICA	0	0
INTERMEDIATE BOND FUND OF AMERICA	0	0
SHORT TERM BOND FUND OF AMERICA	7828651	7843448

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (2 entries)

Name Of StockNameOfStock	EOY Book ValueEOYBookValue	EOYFMVEOYFMV
FIBERTOWER CORP	7711	5829
LONGLEAF GLOBAL	0	0

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther (11 entries)

Category Or ItemCategoryOrItem	Listed At Cost Or FMVListedAtCostOrFMV	Book ValueBookValue	EOYFMVEOYFMV
TIFF PARTNERS IV	AT COST	1865767	1631105
FARALLON CAPITAL	AT COST	1000000	1638000
ABRAMS CAPITAL	AT COST	177651	177651
SOWOOD ALPHA FUND	AT COST	0	0
HALL CAP SPEC OPS	AT COST	1118266	2196530
FIR TREE INTL FUND	AT COST	0	0
WATERSHED CAPITAL	AT COST	269814	269814
PROSPECT HARBOR	AT COST	1235148	201352
LINCOLN VALE EUROPEAN PARTNERS	AT COST	460838	532133
ETON PARK	AT COST	1734045	1488717
TACONIC OPPORTUNITY	AT COST	783184	616015

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtc (3 entries)

Category Or ItemCategoryOrItem	Cost Or Other BasisCostOrOtherBasis	Accumulated DepreciationAccumulatedDepreciation	Book ValueBookValue
BUILDING	22200	6831	15369
IMPROVEMENTS	37154	11432	25722
IMPROVEMENTS	6904	1947	4957

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFees

Field	Value	IRS element (for citing)
Category	LEGAL	Category
Amount	$7,134	Amount
Net Investment Income	3567	NetInvestmentIncome
Disbursements Charitable Prps	3567	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	7955	EOYBookValue
EOYFMV	7955	EOYFMV

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases OtherDecreases (4 entries)

DescriptionDescription	AmountAmount
BOOK-TAX DIFFERENCE ABRAMS PARTNERSHIP	$1,550,920
BOOK-TAX DIFFERENCE WATERSHED PARTNERSHIP	$165,643
BOOK-TAX DIFFERENCE HALL CAP SPEC OPS	$979,636
ADJUSTMENT FOR PRIOR DEPRECIATION	$4,119

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (3 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Disbursements Charitable PrpsDisbursementsCharitablePrps
EXHIBITION EXPENSE	62535	62535
MISCELLANEOUS EXPENSES	16	16
OFFICE EXPENSES	516	516

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome (2 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Net Investment IncomeNetInvestmentIncome	Adjusted Net IncomeAdjustedNetIncome
K-1 ABRAMS CAPITAL PARTNERS II, LP	5490	5490	5490
MISC INCOME	17	17	17

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases

Field	Value	IRS element (for citing)
Description	BOOK-TAX DIFFERENCE TIFF PARTNERSHIP	Description
Amount	$123,791	Amount

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	PAYROLL LIABILITIES	Description
BOY Book Value	167	BOYBookValue
EOY Book Value	0	EOYBookValue

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees (5 entries)

CategoryCategory	AmountAmount	Net Investment IncomeNetInvestmentIncome
MANAGEMENT FEES	$93,152	93152
HALL CAP SPEC OPS	$44,272	44272
K-1 ABRAMS CAPITAL PARTNERS II, LP PORTFOLIO EXPENSES	$21,877	21877
K-1 WATERSHED CAPITAL	$14,811	14811
K-1 TIFF PARTNERS IV	$36,136	36136

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

CategoryCategory	AmountAmount	Net Investment IncomeNetInvestmentIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
PAYROLL TAXES	$464	0	464
FOREIGN TAX	$859	859	0

BAGLEY AND VIRGINIA WRIGHT FOUNDATION: Form 990PF, tax year 2010

Return header ReturnHeader

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Preparer Firm US Address PreparerFirmUSAddress

Filer Filer

Name Name

US Address USAddress

Officer Officer

Preparer Preparer

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Balance Sheets BalanceSheets

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (16 entries)

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Statements Regarding Activities StatementsRegardingActivities

Books In Care Of Business Name BooksInCareOfBusinessName

Books In Care Of US Address BooksInCareOfUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (5 entries)

Compensation Of Hghst Paid Cntrct CompensationOfHghstPaidCntrct

Business Name BusinessName

US Address USAddress

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Minimum Investment Return MinimumInvestmentReturn

Distributable DistributableAmount

Qualifying Distributions QualifyingDistributions

Undistributed Income UndistributedIncome

Supplementary Information SupplementaryInformation

Appication Submission Info AppicationSubmissionInfo

Recipient US Address RecipientUSAddress

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (13 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Other Investment Income Part VII OtherInvestmentIncomePartVII

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Subtotals Part XVIA SubtotalsPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Depreciation Schedule DepreciationSchedule

Depreciation Depreciation (3 entries)

Expenditure Responsibility Stmt ExpenditureResponsibilityStmt

Expenditure Responsibility ExpenditureResponsibility (4 entries)

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corp Bonds InvestmentsCorpBonds (3 entries)

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (2 entries)

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther (11 entries)

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtc (3 entries)

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFees

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases OtherDecreases (4 entries)

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (3 entries)

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome (2 entries)

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities OtherLiabilities

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees (5 entries)

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

Comments