444 S FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: 444 S FOUNDATION (EIN 91-6468421)
Tax period: 2022-01-01 to 2022-12-31
Filed: 2023-11-06
IRS object ID: 202333109349101513
Schema version: 2022v5.0
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
All Oth Prog Rltd Investments Sch
General Explanation Attachment
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Govt Obligations Sch
Investments Other Schedule2
Other Assets Schedule
Other Expenses Schedule
Other Income Schedule2
Other Liabilities Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-11-06T16:34:43-06:00	ReturnTs
Tax Period End	2022-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	450250958	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	EIDE BAILLY LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	200 W MERCER ST SUITE E300	AddressLine1Txt
City	SEATTLE	CityNm
State Abbreviation	WA	StateAbbreviationCd
ZIP	98119	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2022-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	916468421	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	444S FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	444S	BusinessNameControlTxt
Phone	4254544441	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1128	AddressLine1Txt
City	BELLEVUE	CityNm
State Abbreviation	WA	StateAbbreviationCd
ZIP	980091128	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JAMES SHELDON	PersonNm
Person Title	TRUSTEE	PersonTitleTxt
Phone	4254544441	PhoneNum
Signature	2023-11-06	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	JAMES	PersonFirstNm
Person Last	SHELDON	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (1)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	ALLISON Z KOLLACK	PreparerPersonNm
PTIN	P00458030	PTIN
Phone	2062857242	PhoneNum
Preparation	2023-11-03	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$58,790,224	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Dividends Rev And Expnss	$890,102	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$890,102	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$2,321,884	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$11,932,698	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$2,321,884	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$22,036	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$22,036	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$3,234,022	TotalRevAndExpnssAmt
Total Net Invst Incm	$3,234,022	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$38,855	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$38,855	CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss	$247,879	OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm	$4,977	OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl	$242,902	OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss	$66,339	PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm	$1,332	PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Dsbrs Chrtbl	$65,007	PensionEmplBnftDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$27,184	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$13,592	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$13,592	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$334,072	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$331,832	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$2,240	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$44,814	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$34,814	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Occupancy Rev And Expnss	$57,203	OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm	$1,148	OccupancyNetInvstIncmAmt
Occupancy Dsbrs Chrtbl	$56,055	OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss	$6,016	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm	$0	TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl	$6,016	TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss	$50,852	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$3,549	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$47,303	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$873,214	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$391,244	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$471,970	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$2,955,750	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$2,955,750	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$3,828,964	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$391,244	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$3,427,720	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$594,942	ExcessRevenueOverExpensesAmt
Net Investment Income	$2,842,778	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$43,639	CashBOYAmt
Cash EOY	$50,676	CashEOYAmt
Cash EOYFMV	$50,676	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$556,857	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$357,860	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$357,860	SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY	$7,354,542	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$7,014,156	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$6,181,061	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$21,022,677	CorporateStockBOYAmt
Corporate Stock EOY	$20,674,609	CorporateStockEOYAmt
Corporate Stock EOYFMV	$32,407,453	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$2,927,155	CorporateBondsBOYAmt
Corporate Bonds EOY	$2,808,445	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$2,574,030	CorporateBondsEOYFMVAmt
Other Investments BOY	$14,519,305	OtherInvestmentsBOYAmt
Other Investments EOY	$14,933,980	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$17,138,761	OtherInvestmentsEOYFMVAmt
Other Assets BOY	$1,953	OtherAssetsBOYAmt
Other Assets EOY	$3,243	OtherAssetsEOYAmt
Other Assets EOYFMV	$80,383	OtherAssetsEOYFMVAmt
Total Assets BOY	$46,426,128	TotalAssetsBOYAmt
Total Assets EOY	$45,842,969	TotalAssetsEOYAmt
Total Assets EOYFMV	$58,790,224	TotalAssetsEOYFMVAmt
Other Liabilities BOY	$6,353	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$18,136	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$6,353	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$18,136	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Capital Stock BOY	$46,419,775	CapitalStockBOYAmt
Capital Stock EOY	$45,824,833	CapitalStockEOYAmt
Additional Paid In Capital BOY	$0	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$0	AdditionalPaidInCapitalEOYAmt
Retained Earning BOY	$0	RetainedEarningBOYAmt
Retained Earning EOY	$0	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$46,419,775	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$45,824,833	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$46,426,128	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$45,842,969	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$46,419,775	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$594,942	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$45,824,833	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$45,824,833	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)

PropertyPropertyDesc	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt	AcquiredAcquiredDt	SoldSoldDt
PUBLICLY TRADED SECURITIES	$896,953	$887,696	$9,257	$9,257
PUBLICLY TRADED SECURITIES	$1,064,824	$1,082,838	-$18,014	-$18,014
PUBLICLY TRADED SECURITIES	$2,152,053	$2,196,672	-$44,619	-$44,619
PUBLICLY TRADED SECURITIES	$6,813,839	$4,832,075	$1,981,764	$1,981,764
SPYGLASS CAPITAL MANAGEMENT	$844		$844	$844
PASSTHROUGH FROM FARALLON CAPITAL INVESTORS I, L.P.	$4,185		$4,185	$4,185
CAMBER CAPITAL OFFSHORE FUND, LTD PASSTHROUGH DISTRIBUTION	$1,000,000	$611,533	$388,467	$388,467	2017-04-30	2022-09-30

Field	Value	IRS element (for citing)
Capital Gain Net Income	$2,321,884	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$39,515	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$39,515	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$39,515	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$82,511	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$0	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$82,511	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$0	EsPenaltyAmt
Overpayment	$42,996	OverpaymentAmt
Applied To ES Tax	$42,996	AppliedToESTaxAmt
Refund	$0	RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	WA	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	0	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	Yes (1)	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	LEA WHITEHILL	IndividualWithBooksNm
Phone	4254544441	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1128	AddressLine1Txt
City	BELLEVUE	CityNm
State Abbreviation	WA	StateAbbreviationCd
ZIP	980091128	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	0	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	0	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	0	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	0	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	Yes (1)	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	0	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	0	UncorrectedPriorActsInd
Undistributed Income PY	0	UndistributedIncomePYInd
Business Holdings	0	BusinessHoldingsInd
Jeopardy Investments	0	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	0	UncorrectedPYJeopardyInvstInd
Influence Legislation	0	InfluenceLegislationInd
Influence Election	0	InfluenceElectionInd
Grants To Individuals	0	GrantsToIndividualsInd
Grants To Organizations	0	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
CYNTHIA ANN WAYBURN
PO BOX 546	BELLEVUE	WA	98009	TRUSTEE	3.00	$0	$0	$0
WILLIAM MORGAN ROUSH
PO BOX 3725	BELLEVUE	WA	98009	TRUSTEE	3.00	$0	$0	$0
JAMES N SHELDON
PO BOX 1128	BELLEVUE	WA	98009	TRUSTEE	5.00	$38,855	$0	$0
CORRIE YACKULIC
PO BOX 1128	BELLEVUE	WA	98009	TRUSTEE	2.00	$0	$0	$0

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee BenefitsEmployeeBenefitsAmt	Expense AccountExpenseAccountAmt
FRED ACKERMAN-MUNSON
PO BOX 1128	BELLEVUE	WA	98009	EXEC DIRECTOR	40.00	$209,798	$27,000	$0
LEA WHITEHILL
PO BOX 1128	BELLEVUE	WA	98009	ADMINISTRATOR	20.00	$51,818	$4,200	$0

Field	Value	IRS element (for citing)
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Service TypeServiceTypeTxt	CompensationCompensationAmt
BOSTON TRUST & INVESTMENT MGMT CO
ONE BEACON ST 33RD FL	BOSTON	MA	02108	INVESTMENT MGMT	$218,508
BOSTON COMMON
84 STATE STREET SUITE 940	BOSTON	MA	02109	INVESTMENT MGMT	$62,467
MONTICELLO ASSOCIATES
109 STATE STREET SUITE 401	BOSTON	MA	02109	INVESTMENT MGMT	$50,000

Field	Value	IRS element (for citing)
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt
Expenses1	$0	Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	NONE	Description1Txt
Expenses1	$0	Expenses1Amt
All Other Program Rltd Invst Tot	$0	AllOtherProgramRltdInvstTotAmt
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$43,875,754	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$806,067	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$17,840,640	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$62,522,461	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$62,522,461	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$937,837	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$61,584,624	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$3,079,231	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$3,079,231	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$39,515	TaxBasedOnInvestmentIncomeAmt
Total Tax	$39,515	TotalTaxAmt
Distributable Before Adj	$3,039,716	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$3,039,716	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$3,039,716	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$3,427,720	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$3,427,720	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$3,039,716	DistributableAsAdjustedAmt
Undistributed Income PY	$2,755,597	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Total Excess Distribution Cyov	$0	TotalExcessDistributionCyovAmt
Qualifying Distributions	$3,427,720	QualifyingDistributionsAmt
Applied To Year1	$2,755,597	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$672,123	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$0	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$2,367,593	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$0	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$0	ExcessDistriCyovToNextYrAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	CYNTHIA ANN WAYBURN	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (35 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line1RecipientForeignAddress/AddressLine1Txt	CityRecipientForeignAddress/CityNm	Province Or StateRecipientForeignAddress/ProvinceOrStateNm	CountryRecipientForeignAddress/CountryCd
ADVOCATES FOR THE WEST
PO BOX 1612	BOISE	ID	83701	PC	ENVIRONMENTAL PRESERVATION	$75,000
ALASKA WILDERNESS LEAGUE
122 C STREET NW	WASHINGTON	DC	20001	PC	ENVIRONMENTAL PRESERVATION	$75,000
CANADIAN PARKS AND WILDERNESS SOCIETY
				PC - EQUIVALENCY DET	ENVIRONMENTAL PRESERVATION	$20,000	PO BOX 1934	YELLOWKNIFE	NT	CA
CENTER FOR AMERICAN PROGRESS
1333 H STREET NW 10TH FLOOR	WASHINGTON	DC	20005	PC	ENVIRONMENTAL PRESERVATION	$75,000
CENTER FOR LARGE LANDSCAPE CONSERVATION
PO BOX 1587	BOZEMAN	MT	59771	PC	ENVIRONMENTAL PRESERVATION	$25,000
CPAWS YUKON
				PC - EQUIVALENCY DET	ENVIRONMENTAL PRESERVATION	$140,000	506 STEELE ST	WHITEHORSE	YT	CA
EARTHJUSTICE
50 CALIFORNIA STREET SUITE 500	SAN FRANCISCO	CA	94111	PC	ENVIRONMENTAL PRESERVATION	$200,000
ECOJUSTICE CANADA SOCIETY
				PC - EQUIVALENCY DET	ENVIRONMENTAL PRESERVATION	$100,000	SUITE 390 425 CARRALL STREET	VANCOUVER	BC	CA
ENDANGERED SPECIES COALITION
PO BOX 65195	WASHINGTON	DC	20035	PC	ENVIRONMENTAL PRESERVATION	$81,000
ENVIRONMENT AMERICA RESEARCH & POLICY CENTER
1543 WAZEE STREET	DENVER	CO	80202	PC	ENVIRONMENTAL PRESERVATION	$40,000
FRIENDS OF THE EARTH
1101 15TH STREET NW 11TH FLOOR	WASHINGTON	DC	20005	PC	ENVIRONMENTAL PRESERVATION	$10,000
INSTITUTE FOR NEW ECONOMICS
				PC - EQUIVALENCY DET	ENVIRONMENTAL PRESERVATION	$25,000	PO BOX 8542	VICTORIA	BC	CA
MAKEWAY FOUNDATION
				PC - EQUIVALENCY DET	ENVIRONMENTAL PRESERVATION	$135,000	400-163 WEST HASTINGS STREET	VANCOUVER	BC	CA
MAKEWAY FOUNDATION - DONOR ADVISED FUND
				PC - EQUIVALENCY DET	ENVIRONMENTAL PRESERVATION	$410,000	400-163 WEST HASTINGS STREET	VANCOUVER	BC	CA
NATIONAL AUDUBON SOCIETY
225 VARICK STREET 7TH FLOOR	NEW YORK	NY	10014	PC	ENVIRONMENTAL PRESERVATION	$22,000
NATIONAL WILDLIFE FEDERATION
11100 WILDLIFE CENTER DRIVE	RESTON	VA	20190	PC	ENVIRONMENTAL PRESERVATION	$125,000
NATIVE AMERICAN RIGHTS FUND
745 WEST FOURTH AVENUE	ANCHORAGE	AK	99501	PC	ENVIRONMENTAL PRESERVATION	$27,000
NATIVE MOVEMENT
PO BOX 83467	FAIRBANKS	AK	99708	PC	ENVIRONMENTAL PRESERVATION	$54,000
NATURESERVE
2550 S CLARK STREET STE 930	ARLINGTON	VA	22202	PC	ENVIRONMENTAL PRESERVATION	$25,000
NORTHERN ALASKA ENVIRONMENTAL CENTER
830 COLLEGE ROAD	FAIRBANKS	AK	99701	PC	ENVIRONMENTAL PRESERVATION	$81,000
PACIFIC ENVIRONMENT
473 PINE STREET	SAN FRANCISCO	CA	94104	PC	ENVIRONMENTAL PRESERVATION	$15,000
RESOURCES LEGACY FUND
555 CAPITOL MALL SUITE 1095	SACRAMENTO	CA	95823	PC	ENVIRONMENTAL PRESERVATION	$135,000
ROUND RIVER CONSERVATION STUDIES
925 EAST 900 SOUTH SUITE 207	SALT LAKE CITY	UT	84125	PC	ENVIRONMENTAL PRESERVATION	$54,000
THE ALASKA CENTER EDUCATION FUND
921 WEST 6TH AVENUE	ANCHORAGE	AK	99501	PC	ENVIRONMENTAL PRESERVATION	$130,000
THE PARTNERSHIP PROJECT
PO BOX 65826	WASHINGTON	DC	20035	PC	ENVIRONMENTAL PRESERVATION	$100,000
THE PEW CHARITABLE TRUSTS
901 E STREET NW	WASHINGTON	DC	20004	PC	ENVIRONMENTAL PRESERVATION	$18,750
THE WILDERNESS SOCIETY
1615 M STREET	WASHINGTON	DC	20015	PC	ENVIRONMENTAL PRESERVATION	$170,000
TRUSTEES FOR ALASKA
1026 WEST FOURTH AVENUE	ANCHORAGE	AK	99501	PC	ENVIRONMENTAL PRESERVATION	$85,000
WEST COAST ENVIRONMENTAL LAW RESEARCH FOUNDATION
				PC - EQUIVALENCY DET	ENVIRONMENTAL PRESERVATION	$81,000	200-2006 WEST 10TH AVENUE	VANCOUVER	BC	CA
WESTERN ENVIRONMENTAL LAW CENTER
PO BOX 10947	EUGENE	OR	97440	PC	ENVIRONMENTAL PRESERVATION	$76,000
WILDEARTH GUARDIANS
516 ALTO STREET	SANTA FE	NM	87501	PC	ENVIRONMENTAL PRESERVATION	$54,000
WILDERNESS WORKSHOP
PO BOX 1442	CARBONDALE	CO	81623	PC	ENVIRONMENTAL PRESERVATION	$63,000
WILDSIGHT
				PC - EQUIVALENCY DET	ENVIRONMENTAL PRESERVATION	$38,000	2-495 WALLINGER AVENUE	KIMBERLY	BC	CA
WINTER WILDLANDS ALLIANCE
910 MAIN ST	BOISE	ID	83702	PC	ENVIRONMENTAL PRESERVATION	$161,000
YUKON CONSERVATION SOCIETY
				PC - EQUIVALENCY DET	ENVIRONMENTAL PRESERVATION	$30,000	302 HAWKINS ST	WHITEHORSE	YT	CA

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$2,955,750	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$890,102	ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$22,036	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$2,321,884	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$3,234,022	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$3,234,022	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	0	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	0	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	0	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	0	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	0	ReimbursementArrangementsInd
Loans Or Loan Guarantees	0	LoansOrLoanGuaranteesInd
Performance Of Services Etc	0	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	0	RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING AND TAX PREPARATION FEES	CategoryTxt
Amt	$27,184	Amt
Net Investment Income	$13,592	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$13,592	DisbursementsCharitablePrpsAmt

All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch

All Other Program Related Invst AllOtherProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Desc	NONE	Desc
Amt	$0	Amt

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

Field	Value	IRS element (for citing)
Identifier	STATEMENT FILED PURSUANT TO 1.6038B-1(C) AND 1.6038B-1T(C)	IdentifierTxt
Form And Line Reference	FORM 926	FormAndLineReferenceDesc
Medium Explanation	1) NAME OF U.S. TRANSFEROR: 444S FOUNDATIONEIN: 91-6468421ADDRESS: P.O. BOX 1128, BELLEVUE, WA 98009-11282) NAME OF FOREIGN TRANSFEREE: ROCK SPRINGS CAPITAL OFFSHORE FUND, LPEIN: N/AADDRESS: CAYMAN CORPORATE CENTER, 27 HOSPITAL ROAD GRAND CAYMAN, CAYMAN ISLANDS KY 1-9008 COUNTRY OF INCORPORATION: CAYMAN ISLANDS TRANSFERS WERE MADE IN 2022 BETWEEN 444S FOUNDATION AND ROCK SPRINGS CAPITAL OFFSHORE FUND, LP. BASED ON OWNERSHIP, 444S FOUNDATION'S VALUE OF THESE TRANSFERS WAS $1,000,000 CASH.3) THE FOLLOWING CONSIDERATION WAS RECEIVED BY THE U.S. TRANSFEROR:NOT APPLICABLE4) THE FOLLOWING PROPERTY WAS TRANSFERRED BY THE U.S. TRANSFEROR TO THE FOREIGN TRANSFEREE:(I) ACTIVE TRADE OR BUSINESS PROPERTY - NOT APPLICABLE(II) STOCK OR SECURITIES - NOT APPLICABLE(III) DEPRECIATED PROPERTY - NOT APPLICABLE(IV) PROPERTY TO BE LEASED - NOT APPLICABLE(V) PROPERTY TO BE SOLD - NOT APPLICABLE(VI) TRANSFERS TO FSCS - NOT APPLICABLE(VII) TAINTED PROPERTY - NOT APPLICABLE(VIII) FOREIGN LOSS BRANCH - NOT APPLICABLE(IX) OTHER INTANGIBLES - NOT APPLICABLE5) THE FOLLOWING PROPERTY OF A FOREIGN BRANCH WITH PREVIOUSLY DEDUCTED LOSSES SUBJECT TO THE RULES OF 1.367(A)-6T WAS TRANSFERRED BY THE U.S. TRANSFEROR TO THE FOREIGN TRANSFEREE: NOT APPLICABLE(6) THE TRANSFER OF PROPERTY BY THE U.S. TRANSFEROR TO THE U.S. TRANSFEREE IS AN EXCHANGE DESCRIBED IN SECTION [361(A) OR (B)]. THE CONDITIONS SET FORTH IN THE SECOND SENTENCE OF SECTION 367(A)(5), AND ANY REGULATIONS UNDER THAT SECTION, HAVE BEEN SATISFIED. THE FOLLOWING ADJUSTMENTS TO BASIS, OR OTHER ADJUSTMENTS, HAVE BEEN MADE TO THE PROPERTY TRANSFERRED: NOT APPLICABLE	MediumExplanationTxt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

Field	Value	IRS element (for citing)
Bond	US BANK - 05415	BondNm
EOY Book Value	$2,808,445	EOYBookValueAmt
EOYFMV	$2,574,030	EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
US BANK - 05415	$13,630,297	$24,017,979
BOSTON COMMON - BC076	$7,044,312	$8,389,474

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Obligations Book Vl EOY	$6,502,915	USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV	$5,763,777	USGovtObligationsEOYFMVAmt
State Local Sec Book Vl EOY	$511,241	StateLocalSecBookVlEOYAmt
State Local Sec EOYFMV	$417,284	StateLocalSecEOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (5 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
SPYGLASS CAPITAL MANAGEMENT - MUTUAL FUND	AT COST	$3,366,414	$1,429,121
ROCK SPRINGS CAPITAL OFFSHORE FUND, LP	AT COST	$2,000,000	$2,164,880
IMPACTIVE CAPITAL FUND LTD	AT COST	$3,000,000	$3,016,573
FARALLON PARTNERSHIP	AT COST	$4,179,099	$6,244,677
CAMBER CAPITAL OFFSHORE FUND, LTD.	AT COST	$2,388,467	$4,283,510

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (3 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
DIVIDEND RECEIVABLE	$2	$1,598	$1,598
CASH IN TRANSIT	$1,250	$239	$239
ACCRUED INTEREST	$701	$1,406	$78,546

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
GENERAL AND ADMINISTRATIVE	$1,265	$25	$1,240
SUPPLIES	$9,392	$189	$9,203
BANK FEES	$651	$651	$0
DUES & SUBSCRIPTIONS	$30,250	$0	$30,250
TELEPHONE & INTERNET	$2,642	$0	$2,642
INSURANCE	$4,024	$81	$3,943
OTHER PORTFOLIO FEES	$2,603	$2,603	$0
LICENSES AND FEES	$25	$0	$25

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Field	Value	IRS element (for citing)
Desc	PASSTHROUGH FROM FARALLON CAPITAL INVESTORS I, L.P. - PFIC INCOME SECT. 1291	Desc
Revenue And Expenses Per Books	$22,036	RevenueAndExpensesPerBooksAmt
Net Investment Income	$22,036	NetInvestmentIncomeAmt
Adjusted Net Income	$22,036	AdjustedNetIncomeAmt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (2 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt
RETIREMENT PAYABLE	$5,903	$9,782
CREDIT CARD PAYABLE	$450	$8,354

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INVESTMENT MANAGEMENT FEES	$330,975	$330,975	$0
CONSULTANT FEES	$2,240	$0	$2,240
PASS-THROUGH FARALLON CAPITAL	$857	$857	$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FOREIGN TAX	$34,814	$34,814	$0
FEDERAL TAX	$10,000	$0	$0