2021-07-14T13:45:18-05:00 2020-08-31 911194016 CLARK NUBER PS 10900 NE 4TH STREET SUITE 1400 BELLEVUE WA 98004 990 2019-09-01 911351925 SEATTLE SYMPHONY FOUNDATION SEAT 2062154700 PO BOX 21906 SEATTLE WA 981113906 JEAN-FRANCOIS HEITZ CHAIR 2062154700 2021-07-13 1 MEGAN R RYAN P00737884 4254544919 2021-07-13 2019 2022-09-23 18:48:47Z JEAN-FRANCOIS HEITZ PO BOX 21906 SEATTLE WA 981113906 3015668 0 X WWW.SEATTLESYMPHONY.ORG X 1986 WA TO AID AND SUPPORT THE SEATTLE SYMPHONY ORCHESTRA. 10 10 0 14 0 0 692050 2352589 0 0 641257 624902 0 0 1333307 2977491 1522867 1470087 0 0 361445 133974 161212 0 133974 310909 260389 2356433 1864450 -1023126 1113041 35808304 39712910 191795 171492 35616509 39541418 THE PRIMARY PURPOSE OF THE SEATTLE SYMPHONY FOUNDATION IS TO AID AND SUPPORT THE SEATTLE SYMPHONY ORCHESTRA AND BENAROYA HALL MUSIC CENTER ENDOWMENTS. 0 0 1470087 1470087 THE FOUNDATION'S ARTICLES OF INCORPORATION PROVIDE THAT UP TO 7.5% OF THE 36 MONTH ROLLING AVERAGE OF THE ENDOWMENT VALUE BE DISTRIBUTED ANNUALLY TO THE SEATTLE SYMPHONY ORCHESTRA TO SUPPORT ITS OPERATIONS. 1470087 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 1 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 0 0 0 WA X CHERONNE WONG 2062154700 PO BOX 21906 SEATTLE WA 98111 KRISHNA THIAGARAJAN PRESIDENT & CEO 1.00 37.00 X 0 415671 37047 CHERONNE WONG VICE PRESIDENT & CFO 5.00 36.00 X 0 169677 30129 JEAN-FRANCOIS HEITZ CHAIR 2.00 2.00 X X 0 0 0 KATHLEEN WRIGHT VICE CHAIR 2.00 0.00 X X 0 0 0 MICHAEL SLONSKI TREASURER 2.00 4.00 X X 0 0 0 MURIEL VAN HOUSEN SECRETARY 2.00 0.00 X X 0 0 0 JOAQUIN HERNANDEZ DIRECTOR 2.00 0.00 X 0 0 0 VIREN KAMDAR DIRECTOR THRU 07/20 2.00 2.00 X 0 0 0 KJRISTINE LUND DIRECTOR 2.00 2.00 X 0 0 0 NANCY EVANS DIRECTOR 2.00 2.00 X 0 0 0 DAVID TAN DIRECTOR 2.00 0.00 X 0 0 0 RICK WHITE DIRECTOR 2.00 0.00 X 0 0 0 RENE ANCINAS DIRECTOR 2.00 2.00 X 0 0 0 0 585348 67176 0 0 1 0 0 2352589 38177 2352589 625013 625013 38066 38177 -111 -111 -111 2977491 0 0 624902 1470087 1470087 133974 133974 100000 100000 35960 35960 122395 122395 1975 1975 STOCK TRANSACTION FEES 34 34 DUES & SUBSCRIPTIONS 25 25 1864450 1470087 260389 133974 1542560 202635 484113 4742603 8002893 8311852 2086 2086 2360000 2243470 22460513 23305285 956139 904979 35808304 39712910 107149 107615 84646 63877 191795 171492 X 9000000 9000000 26616509 30541418 35616509 39541418 35808304 39712910 X 1113041 2384911 426957 X 0 1 X 1 0 X X 1 SEATTLE SYMPHONY ORCHESTRA 910667412 7 1 1864450 0 1 1864450 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 SCHEDULE A, PART I, LINE 12G, COLUMN (V): AMOUNT OF SUPPORT PAID: GRANTS PAID TO SEATTLE SYMPHONY ORCHESTRA: 1,470,087 EXPENSES PAID ON BEHALF OF SEATTLE SYMPHONY ORCHESTRA: 394,363 TOTAL: 1,864,450 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 26656621 2507589 3009924 1470087 400617 30303430 27881903 612142 452539 1463520 826443 26656621 27379777 398238 2333565 1460981 768696 27881903 26890719 220324 2373276 1455848 648694 27379777 26370239 664585 1897287 1425915 615477 26890719 0.29700 0.70300 0.00000 0 0 0 GIFT ANNUITY PAYABLE 63877 63877 4196877 2384911 -1165525 1219386 2977491 0 2977491 271968 0 271968 122395 1470087 1592482 1864450 PART V, LINE 4: THE FOUNDATION'S ARTICLES OF INCORPORATION PROVIDE THAT UP TO 7.5% OF THE 36 MONTH ROLLING AVERAGE OF THE ENDOWMENT VALUE BE DISTRIBUTED ANNUALLY TO THE SEATTLE SYMPHONY ORCHESTRA TO SUPPORT ITS OPERATIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 27,998. TRANSFERS FOR SYMPHONY OPERATIONS -1,470,087. ADJUSTMENT FOR PRESENT VALUE DISCOUNT 398,959. INVESTMENT MANAGEMENT FEES INCLUDED ON PART IX -122,395. PART XII, LINE 4B - OTHER ADJUSTMENTS: TRANSFERS FOR SYMPHONY OPERATIONS 1,470,087. 0 SEATTLE SYMPHONY ORCHESTRA PO BOX 21906 SEATTLE WA 981113906 910667412 501(C)(3) 1470087 GENERAL SUPPORT 1 0 SCHEDULE I, PART II THE FUNDS THAT ARE TRANSFERRED ARE BASED ON A 36 MONTH ROLLING AVERAGE OF THE ENDOWMENT VALUE, AND UP TO 7.5% OF THE AVERAGE IS DISTRIBUTED ANNUALLY TO THE SEATTLE SYMPHONY ORCHESTRA TO SUPPORT ITS OPERATIONS. 0 0 0 0 0 0 0 0 0 KRISHNA THIAGARAJAN PRESIDENT & CEO 0 404191 0 11480 0 0 0 5577 0 31470 0 452718 0 0 CHERONNE WONG VICE PRESIDENT & CFO 0 169677 0 0 0 0 0 852 0 29277 0 199806 0 0 FORM 990, SCH J, PART III COMPENSATION FOR THE PRESIDENT & CEO AND VICE-PRESIDENT & CFO IS REVIEWED AND ESTABLISHED BY THE SEATTLE SYMPHONY ORCHESTRA, INC., A RELATED ORGANIZATION. X 2 38177 FAIR MARKET VALUE 0 0 0 0 PART I, COLUMN (B): THE NUMBER IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS FOR PUBLICLY TRADED SECURITIES. FORM 990, PART I, LINE 6: THERE WERE 11 VOLUNTEER BOARD MEMBERS AND 3 VOLUNTEERS SERVING ON THE INVESTMENT ADVISORY COMMITTEE DURING THE YEAR. FORM 990, PART VI, SECTION A, LINE 2 KRISHNA THIAGARAJAN, CHERONNE WONG, JEAN-FRANCOIS HEITZ, MICHAEL SLONSKI, VIREN KAMDAR, KJRISTINE R. LUND AND RENE ANCIANAS HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 7A THE BYLAWS ALLOW FOR THE SEATTLE SYMPHONY ORCHESTRA, THE SUPPORTED ORGANIZATION, TO SELECT SIX BOARD MEMBERS FOR THE SEATTLE SYMPHONY FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, THE CONTROLLER AND THE VICE PRESIDENT & CFO CONDUCT A DETAILED REVIEW OF FORM 990 AND RELATED SCHEDULES. THE BOARD PRESIDENT AND AUDIT COMMITTEE ALSO REVIEW THE REPORT PRIOR TO FILING. A PUBLIC DISCLOSURE COPY OF THE RETURN IS AVAILABLE TO ALL BOARD MEMBERS AT THE SEATTLE SYMPHONY FOUNDATION'S OFFICES. FORM 990, PART VI, SECTION B, LINE 12C THE INTERESTED PERSONS COVERED UNDER THE CONFLICT OF INTEREST POLICY INCLUDE DIRECTORS OF THE SEATTLE SYMPHONY FOUNDATION. AFTER A POTENTIAL CONFLICT OF INTEREST IS IDENTIFIED, A DISINTERESTED PERSON OR COMMITTEE INVESTIGATES THE POTENTIAL CONFLICT AND DETERMINES IF ANY ALTERNATIVE SOLUTIONS ARE AVAILABLE. IF A MORE ADVANTAGEOUS TRANSACTION IS AVAILABLE THAT DOES NOT GIVE RISE TO A CONFLICT OF INTEREST, THAT ALTERNATIVE IS PREFERRED. IF AN ALTERNATIVE IS NOT AVAILABLE, THE ISSUE IS DISCUSSED WITH THE BOARD OF DIRECTORS. THE BOARD SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED BOARD MEMBERS WHETHER THE TRANSACTION IS IN THE BEST INTEREST OF THE FOUNDATION AND FOR ITS OWN BENEFIT. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION B, LINES 13-14; THE FOUNDATION FOLLOWS THE POLICIES AND PROCEDURES OF THE SEATTLE SYMPHONY ORCHESTRA REGARDING WHISTLEBLOWER POLICY AND DOCUMENT RETENTION AND DESTRUCTION. THESE POLICIES AND PROCEDURES ARE IN PLACE PRIMARILY DUE TO 1) A MAJORITY OF THE FOUNDATION DIRECTORS ARE ALSO DIRECTORS OF THE SYMPHONY, AND 2) MANAGEMENT SERVICES FOR THE FOUNDATION ARE PROVIDED BY SYMPHONY STAFF. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 27,998. ADJUSTMENT FOR PRESENT VALUE DISCOUNT 398,959. SEATTLE SYMPHONY ORCHESTRA PO BOX 21906 SEATTLE WA 981113906 910667412 ORCHESTRA WA 501(C)(3) LINE 7 N/A 0 B H MUSIC CENTER PO BOX 21906 SEATTLE WA 981113906 911704263 OPERATION OF CONCERT HALL WA 501(C)(3) LINE 11 SEATTLE SYMPHONY ORCHESTRA 0 CHARITABLE LEAD ANNUITY TRUST (1) PO BOX 21906 SEATTLE WA 98111 INVESTMENTS WA N/A T 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 1 1 1 0 1