VADON FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: VADON FOUNDATION (EIN 46-3669945)
Tax period: 2022-01-01 to 2022-12-31
Filed: 2023-11-15
IRS object ID: 202343199349103279
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
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Other Schedule2
Legal Fees Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-11-15T11:16:04-06:00	ReturnTs
Tax Period End	2022-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	920460586	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	PWC US TAX LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1420 5TH AVE STE 2800	AddressLine1Txt
City	SEATTLE	CityNm
State Abbreviation	WA	StateAbbreviationCd
ZIP	981011344	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	463669945	EIN

Business Name BusinessName

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

Field	Value	IRS element (for citing)
Business Name Control	VADO	BusinessNameControlTxt
Phone	2064727220	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1201 WESTERN AVENUE 406	AddressLine1Txt
City	SEATTLE	CityNm
State Abbreviation	WA	StateAbbreviationCd
ZIP	98101	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MARK VADON	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	2064727220	PhoneNum
Signature	2023-11-14	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	MARK	PersonFirstNm
Person Last	VADON	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	KYLE TALLEY	PreparerPersonNm
PTIN	P01239408	PTIN
Phone	2063983000	PhoneNum

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	$46,251,931	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$0	ContriRcvdRevAndExpnssAmt
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$30,795	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$30,795	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$947,533	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$947,533	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	-$102,262	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$7,964,644	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$0	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$280,089	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$280,089	OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm	$0	OtherIncomeAdjNetIncmAmt
Total Rev And Expnss	$1,156,155	TotalRevAndExpnssAmt
Total Net Invst Incm	$1,258,417	TotalNetInvstIncmAmt
Total Adj Net Incm	$0	TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$166,000	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Adj Net Incm	$0	CompOfcrDirTrstAdjNetIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$166,000	CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss	$3,103	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$1,552	LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm	$0	LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl	$1,551	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$13,680	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$6,840	AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm	$0	AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps	$6,840	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$165,137	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$165,137	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm	$0	OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl	$0	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$100,202	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$48,599	TaxesNetInvstIncmAmt
Taxes Adj Net Incm	$0	TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl	$51,603	TaxesDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss	$4,165	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm	$0	TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Adj Net Incm	$0	TravConfMeetingAdjNetIncmAmt
Trav Conf Meeting Dsbrs Chrtbl	$4,165	TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss	$13,668	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$6,248	OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm	$0	OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl	$7,420	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$465,955	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$228,376	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$0	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$237,579	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$2,687,887	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$2,687,887	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$3,153,842	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$228,376	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$0	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$2,925,466	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$1,997,687	ExcessRevenueOverExpensesAmt
Net Investment Income	$1,030,041	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$523,453	CashBOYAmt
Cash EOY	$393,371	CashEOYAmt
Cash EOYFMV	$393,371	CashEOYFMVAmt
Corporate Stock BOY	$39,606,042	CorporateStockBOYAmt
Corporate Stock EOY	$30,202,035	CorporateStockEOYAmt
Corporate Stock EOYFMV	$30,202,035	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$10,587,026	CorporateBondsBOYAmt
Corporate Bonds EOY	$6,672,694	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$6,672,694	CorporateBondsEOYFMVAmt
Other Investments BOY	$9,637,732	OtherInvestmentsBOYAmt
Other Investments EOY	$8,983,831	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$8,983,831	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$60,354,253	TotalAssetsBOYAmt
Total Assets EOY	$46,251,931	TotalAssetsEOYAmt
Total Assets EOYFMV	$46,251,931	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$60,354,253	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$46,251,931	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$60,354,253	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$46,251,931	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$60,354,253	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$46,251,931	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$60,354,253	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$1,997,687	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$58,356,566	SubtotalAmt
Other Decreases	$12,104,635	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$46,251,931	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (10 entries)

PropertyPropertyDesc	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
PUBLICLY TRADED SECURITIES	$345,572	$356,266	-$10,694	-$10,694
PUBLICLY TRADED SECURITIES	$839,767	$964,124	-$124,357	-$124,357
PUBLICLY TRADED SECURITIES	$1,165,694	$1,418,498	-$252,804	-$252,804
PUBLICLY TRADED SECURITIES	$2,568,740	$2,390,678	$178,062	$178,062
PUBLICLY TRADED SECURITIES	$2,684,465	$2,912,471	-$228,006	-$228,006
PARTNERSHIP INVESTMENT	$269,365		$269,365	$269,365
PARTNERSHIP INVESTMENT		$24,220	-$24,220	-$24,220
PARTNERSHIP INVESTMENT		$649	-$649	-$649
CAPITAL GAIN DISTRIBUTION	$89,142		$89,142	$89,142
CAPITAL GAIN DISTRIBUTION	$1,899		$1,899	$1,899

Field	Value	IRS element (for citing)
Capital Gain Net Income	-$102,262	CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss	$5,218	NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$14,318	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$14,318	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$14,318	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$25,049	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	$25,049	TotalPaymentsAndCreditsAmt
Es Penalty	$0	EsPenaltyAmt
Overpayment	$10,731	OverpaymentAmt
Applied To ES Tax	$10,731	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	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
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	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	MARK VADON	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2064727220	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	1201 WESTERN AVENUE 406	AddressLine1Txt
City	SEATTLE	CityNm
State Abbreviation	WA	StateAbbreviationCd
ZIP	98101	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	0	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
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
MARK VADON
1201 WESTERN AVENUE 406	SEATTLE	WA	98101	PRESIDENT, TREASURER, DIRECTOR	0.50	$0	$0	$0
MARILYN VADON
1201 WESTERN AVENUE 406	SEATTLE	WA	98101	DIRECTOR	0.50	$0	$0	$0
DAVID LASARTE-MEEKS
1201 WESTERN AVENUE 406	SEATTLE	WA	98101	SECRETARY, DIRECTOR	40.00	$166,000	$0	$0
ALLISON BARNES VADON
1201 WESTERN AVENUE 406	SEATTLE	WA	98101	DIRECTOR	0.50	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

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	$41,154,133	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$351,621	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$9,129,565	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$50,635,319	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$50,635,319	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$759,530	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$49,875,789	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$2,493,789	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$2,493,789	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$14,318	TaxBasedOnInvestmentIncomeAmt
Income Tax	$729	IncomeTaxAmt
Total Tax	$15,047	TotalTaxAmt
Distributable Before Adj	$2,478,742	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$2,478,742	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$2,478,742	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$2,925,466	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$2,925,466	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$2,478,742	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr3	$28,605	ExcessDistributionCyovYr3Amt
Total Excess Distribution Cyov	$28,605	TotalExcessDistributionCyovAmt
Qualifying Distributions	$2,925,466	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$2,478,742	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$446,724	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$475,329	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$0	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$475,329	ExcessDistriCyovToNextYrAmt
Excess From Year3	$28,605	ExcessFromYear3Amt
Excess From Current Year	$446,724	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	MARK VADON	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (32 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
ARTIST TRUST
1835 12TH AVENUE	SEATTLE	WA	98122	PC	TO SUPPORT ORGANIZATION	$12,500
BERTSCHI
2227 10TH E	SEATTLE	WA	98102	PC	TO SUPPORT ORGANIZATION	$515
BRAVE HEARTS SOCIETY
PO BOX 667	LAKE ANDES	SD	57356	NC	TO SUPPORT ORGANIZATION	$25,000
CHEYENNE RIVER YOUTH PROJECT
1906 S 33RD PL	LINCOLN	NE	68505	PC	TO SUPPORT ORGANIZATION	$125,000
CHILDREN OF THE SETTING SUN PRODUCTIONS
PO BOX 1571	BELLINGHAM	WA	98227	PC	TO SUPPORT ORGANIZATION	$140,000
FRED HUTCHINSON
1100 FAIRVIEW AVE N	SEATTLE	WA	98109	PC	TO SUPPORT ORGANIZATION	$100,000
GENERATIONS INDIGENOUS WAYS
2412 SPRING MEADOW RD	LENOIR	NC	28645	PC	TO SUPPORT ORGANIZATION	$45,000
HAIDA ROOTS
PO BOX 78075	SEATTLE	WA	98178	PC	TO SUPPORT ORGANIZATION	$15,000
INCHELIUM LANGUAGE AND CULTURE ASSOCIATION
PO BOX 343	INCHELIUM	WA	99138	PC	TO SUPPORT ORGANIZATION	$285,000
KNIFE CHIEF BUFFALO NATION SOCIETY
PO BOX 464	PORCUPINE	SD	57772	PC	TO SUPPORT ORGANIZATION	$90,000
MAHCHIWMINAHNAHTIK CHIPPEWA AND CREE LANGUAGE REVITALIZATION
PO BOX 174	BOX ELDER	MT	59521	PC	TO SUPPORT ORGANIZATION	$25,000
NACA-INSPIRED SCHOOLS NETWORK
1000 INDIAN SCHOOL RD NW	ALBUQUERQUE	NM	87104	PC	TO SUPPORT ORGANIZATION	$75,000
NATIONAL INDIGENOUS WOMEN'S RESOURCE CENTER
515 LAME DEER AVE	LAME DEER	MT	59043	PC	TO SUPPORT ORGANIZATION	$120,000
NDN COLLECTIVE
408 KNOLLWOOD DR	RAPID CITY	SD	57701	PC	TO SUPPORT ORGANIZATION	$100,000
NEW VENTURE FUND
1828 L STREET NW SUITE 300-A	WASHINGTON	DC	20036	PC	TO SUPPORT ORGANIZATION	$75,000
NKWUSM SCHOOL
72040 BITTERROOT JIM ROAD	ARLEE	MT	59821	PC	TO SUPPORT ORGANIZATION	$95,000
NORTHWEST JUSTICE PROJECT
401 2ND AVE S STE 407	SEATTLE	WA	98104	PC	TO SUPPORT ORGANIZATION	$10,000
NOT AN ALTERNATIVE
9719 SW 180TH STREET	VASHON	WA	98070	PC	TO SUPPORT ORGANIZATION	$20,000
RED EAGLE SOARING
108 S WASHINGTON ST STE 308	SEATTLE	WA	98104	PC	TO SUPPORT ORGANIZATION	$5,000
SAAD K'IDILYE
9315 CANDELARIA RD NE	ALBUQUERQUE	NM	87112	PC	TO SUPPORT ORGANIZATION	$70,000
SAAS (SEATTLE ACADEMY)
1201 E UNION STREET	SEATTLE	WA	98122	PC	TO SUPPORT ORGANIZATION	$25,001
SAGINAW CHIPPEWA INDIAN TRIBE OF MICHIGAN
7500 SOARING EAGLE BLVD	MOUNT PLEASANT	MI	48858	NC	TO SUPPORT ORGANIZATION	$25,000
SALISH SCHOOL OF SPOKANE
4125 N MAPLE STREET	SPOKANE	WA	99205	PC	TO SUPPORT ORGANIZATION	$250,000
SE'SI'LE
PO BOX 1344	FRIDAY HARBOR	WA	98250	NC	TO SUPPORT ORGANIZATION	$25,000
STANFORD UNIVERSITY
485 BROADWAY F12 MC 8838	REDWOOD CITY	CA	94063	PC	TO SUPPORT ORGANIZATION	$249,871
SYILX LANGUAGE HOUSE
6523 N JEFFERSON STREET	SPOKANE	WA	99208	PC	TO SUPPORT ORGANIZATION	$90,000
THE GREATER OMAHA ATTENDANCE AND LEARNING SERVICES (GOALS)
7914 W DODGE RD	OMAHA	NE	68114	PC	TO SUPPORT ORGANIZATION	$50,000
THE SEVENTH GENERATION FUND FOR INDIGENOUS PEOPLES
PO BOX 4569	ARCATA	CA	95518	PC	TO SUPPORT ORGANIZATION	$20,000
THE YARROW PROJECT
PO BOX 18024	TACOMA	WA	98419	PC	TO SUPPORT ORGANIZATION	$230,000
TREEHOUSE
12083 W FARM ROAD 36	ASH GROVE	CO	65604	PC	TO SUPPORT ORGANIZATION	$175,000
UNITED NATIONAL INDIAN TRIBAL YOUTH INC (UNITY)
953 E JUANITA AVE STE C	MESA	AZ	85204	PC	TO SUPPORT ORGANIZATION	$75,000
YELLOW BIRD LIFEWAYS CENTER
43426 HIGHWAY 212	LAME DEER	MT	59043	PC	TO SUPPORT ORGANIZATION	$40,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$2,687,887	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$30,795	ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$947,533	ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$280,089	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	-$102,262	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$1,156,155	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$1,156,155	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 FEES	CategoryTxt
Amt	$13,680	Amt
Net Investment Income	$6,840	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$6,840	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

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (4 entries)

BondBondNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
VANGUARD BD INDEX FD INC	$1,863,817	$1,863,817
VANGUARD INTER-TERM CORP BD ETF	$2,374,674	$2,374,674
PUBLIC STORA 3.875% PFD SER N	$1,430,849	$1,430,849
PUBLIC STORA 4% PFD SER P	$1,003,354	$1,003,354

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (10 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
APPLE INC SHARES	$724,100	$724,100
BERKSHIRE HATHAWAY SHARES	$659,502	$659,502
S&P 500 PORTFOLIO	$16,030,496	$16,030,496
VANGUARD SPECIALIZED DIV	$381,447	$381,447
ISHARES MSCI EAFE INDEX FD	$378,021	$378,021
PARAMETRIC MSCI EAFE	$6,560,781	$6,560,781
VANGUARD FTSE EMERGING MARKETS	$1,959,018	$1,959,018
ISHARES CORE MSCI EAFE ETF	$3,112,635	$3,112,635
ALPHABET INC CLASS A GOOGLE	$213,517	$213,517
ALPHABET INC CLASS C GOOGLE	$182,518	$182,518

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (10 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
STG V-A LP	AT COST	$1,306,665	$1,306,665
TPG REAL ESTATE PARTNERS III	AT COST	$1,080,515	$1,080,515
STRATEGIC PARTNERS OFFSHORE VIII LP	AT COST	$1,422,674	$1,422,674
DURABLE CAPITAL OFFSHORE FUND LTD.	AT COST	$3,257,080	$3,257,080
STG VI-A LP	AT COST	$1,041,620	$1,041,620
SYSTEMATIC GROWTH III DD3	AT COST	$207,343	$207,343
SKY9 CAPITAL FUND V	AT COST	$90,432	$90,432
STEPSTONE VC SECONDARIES FUND V	AT COST	$237,205	$237,205
STG ALLEGRO	AT COST	$12,970	$12,970
STRATEGIC PARTNERS OFFSHORE IX	AT COST	$327,327	$327,327

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	LEGAL FEES	CategoryTxt
Legal Fees	$3,103	LegalFeesAmt
Net Investment Income	$1,552	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$1,551	DisbursementsCharitablePrpsAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	MARK TO MARKET DIFFERENCES	Desc
Amt	$12,104,635	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BANK FEES	$25	$0	$0	$25
SUBSCRIPTIONS	$2,381	$0	$0	$2,381
CONTRACT	$3,525	$0	$0	$3,525
TELEPHONE	$220	$0	$0	$220
PAYROLL FEES	$1,098	$0	$0	$1,098
POSTAGE	$171	$0	$0	$171
PARTNERSHIP INVESTMENT	$6,248	$6,248	$0	$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (4 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
PARTNERSHIP INVESTMENT	$8	$8	$0
PARTNERSHIP INVESTMENT	$1	$1	$0
PFIC INCOME	$249,445	$249,445	$0
PFIC INCOME	$30,635	$30,635	$0

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	MANAGEMENT FEES AND OTHER EXPENSES	CategoryTxt
Amt	$165,137	Amt
Net Investment Income	$165,137	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FOREIGN TAXES	$48,599	$48,599	$0	$0
PAYROLL TAXES	$12,603	$0	$0	$12,603
TAXES	$39,000	$0	$0	$39,000