2020-06-03T18:02:40-07:00 2019-06-30 990 2018-07-01 910565553 SEATTLE PACIFIC UNIVERSITY SEAT 2062812066 3307 THIRD AVE W SEATTLE WA 981191997 Craig Kispert VP for Finance and Business Affairs 2062812066 2020-06-03 72.233.149.72 2018 2021-01-29 14:40:06Z Daniel Martin 3307 Third Ave W Seattle WA 981191997 174657588 0 X WWW.SPU.EDU X 1891 WA Seattle Pacific University is a Christian university fully committed to engaging the culture and changing the world by graduating people of competence and character, becoming people of wisdom, and modeling grace-filled community. 18 15 2518 189 176526 0 8500788 8916325 154434531 159610914 3249464 3983182 359286 380287 166544069 172890708 58325711 62877660 0 0 68588948 67196436 37432 59195 3005324 38999952 40854191 165952043 170987482 592026 1903226 321785965 330179328 98392992 95811970 223392973 234367358 Seattle Pacific University is a Christian university fully committed to engaging the culture and changing the world by graduating people of competence and character, becoming people of wisdom, and modeling grace-filled community. 0 0 117098352 62666110 137328382 Higher Education: The academic program serves 3,700 undergraduate and graduate students at its main Seattle campus, as well as 4,300 students per year online and in continuing education centers across Washington State. The University offers 71 undergraduate majors and 59 minors carried out through the College of Arts and Sciences and the schools of Business, Government and Economics; Education; Health Sciences; Theology; and Psychology, Family, and Community. Graduate studies include 31 master's degrees and six doctoral programs. 22034954 21550 2861009 Student Services, Constituency and Other Programs: The University provides activities and services to 3,700 students in co-curricular and support programs while engaged in their academic activities. The University also provides programs for more than 45,778 alumni to keep them engaged and involved with the University for years to come. 15044746 0 16630414 Student Housing and Dining: Housing services are provided for 1,504 students and 1,214 students take part in the University meal plans annually. 3005670 190000 2791109 Public Service: The University operates a conference services program at its Seattle campus and at its 77 acre campus on Whidbey Island, known as "Camp Casey Conference Center". This center provides opportunities for students to further their studies in biological sciences and other disciplines, as well as providing a facility for diverse groups of nonprofit organizations to build community and provide educational opportunities for their constituents. This year there were 313 groups that utilized these facilities. In addition, the University through grant funding is also partnering with various congregations in providing participation grants for the development of their young adult ministries. 3005670 190000 2791109 157183722 1 1 0 1 0 0 1 0 0 1 1 1 0 0 1 1 0 1 1 0 1 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 1 1 1 0 0 0 0 1 1 1 0 0 1 9008 0 1 2518 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 18 15 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 1 0 CA KY LA MD MI NH NJ NY OR SC WA X Craig Kispert-VP Finance-Business 2062812222 3307 Third Ave W Seatle WA 981191997 X Gary Ames Board Member 1 0 X 0 0 0 Douglas Backous Board Chairman 4 0 X X 0 0 0 Tina Chang Board Member 1 0 X 0 0 0 Cedric Davis Board Member 1 0 X 0 0 0 Becky Gilliam Board Secretary 4 0 X X 0 0 0 Dean Kato Board Member 1 0 X 0 0 0 Denise Martinez Board Member 1 0 X 0 0 0 Mark Mason Board Member 1 0 X 0 0 0 Pete Menjares Board Member 1 0 X 0 0 0 Daryl Miller Board Treasurer 4 3 X X 0 0 0 Mike Quinn Board Member 1 0 X 0 0 0 Bradley Thoreson Board Member 1 0 X 0 0 0 Leslie Vander Griend Board Member 1 0 X 0 0 0 Dennis Weibling Board Member 1 3.00 X 0 0 0 Matthew Whitehead Board Vice Chair 4 0 X X 0 0 0 Deborah Wilds Board Member 1 0 X 0 0 0 Michael Wilson Board Member 1 0 X 0 0 0 Daniel Martin President 50 0 X X 436184 0 197262 Craig Kispert VP for Finance and Business Affairs 45.00 5.00 X 252269 0 84065 Jeffrey Van Duzer Provost 50 0 X 262834 0 49686 Donald Mortenson Senior VP Planning and Administration 22 9 X 233987 42590 29923 Louise Furrow VP for University Advancement 50 0 X 196499 0 41094 Nathan Mouttet VP for Enrollment Management and Marketing 50 0 X 176673 0 21979 Jeffrey Jordan VP for Student Life 50 0 X 169059 0 37062 Ross Stewart Dean 40 0 X 189988 0 32104 Debra Sequeira Dean 40 0 X 179550 0 29709 Lorie Wild Dean 40 0 X 170237 0 28605 Bruce Congdon Dean 40 0 X 163427 0 32116 Kimberly Sawers Associate Dean 40 0 X 162775 0 27010 2593482 42590 610615 69 0 1 0 Sodexo Inc & Affiliates Dept 880328 Los Angeles CA 900880001 Food Services 4973547 Arcon Tenant Improvement 5150 Village Park Dr SE Ste 107 Bellevue WA 98006 Construction 3452287 Enviromech 430 SW 153rd St Burien WA 981662215 Mechanical Contractors 811631 Synergy Building Services 2559 152nd Ave NE Redmond WA 980525549 Janitorial Services 605885 NW Landscape Services of WA 7120 185th Ave NE Ste 150 Redmond WA 98052 Landscaping Services 340481 32 74567 0 84323 649465 1973787 6134183 1426417 8916325 Tuition and Fees 611310 137328382 137328382 0 0 Student Housing and Dining 611310 16630414 16630414 0 0 Public Service Activities 611310 2791109 2791109 0 0 Seminars and Events 611310 602450 602450 0 0 Other Sales and Services 611310 639823 639823 0 0 1618736 1033367 0 585369 159610914 3988257 0 0 3988257 0 0 0 0 0 0 0 0 585948 0 384759 0 201189 0 201189 0 0 201189 345649 969819 350724 969819 -5075 0 -5075 0 0 -5075 64150 84323 61578 2572 0 2572 0 0 0 0 0 0 0 0 0 0 0 0 Accommodation 721000 176526 0 176526 0 0 0 0 0 176526 172890708 159025545 176526 4772312 190000 190000 61896167 61896167 791493 791493 0 0 2147770 1002478 760891 384401 183353 120493 62860 0 49372004 43845414 4277050 1249540 3437865 3071044 287548 79273 8518147 7439080 824681 254386 3537297 3041722 386980 108595 0 0 0 0 286503 125256 160189 1058 85600 0 85600 0 0 0 0 0 59195 59195 743946 0 743946 0 8914903 8515488 353385 46030 301962 286419 12869 2674 5040304 4017973 794544 227787 1831908 1640045 121251 70612 13900 10727 3173 0 10823733 9889381 619590 314762 3412914 3045052 331455 36407 0 0 0 0 246628 219679 19958 6991 0 0 0 0 0 0 0 0 7723759 7172127 395730 155902 571193 175772 395421 0 856938 687912 161315 7711 170987482 157183722 10798436 3005324 21021786 17024398 524 64277 2444387 1879728 7176349 4445844 0 0 0 0 7792170 6730257 319450 347427 1106026 1031919 244050655 85545179 151979389 158505476 0 129945884 140150002 321785965 330179328 13422364 13899571 0 0 5180804 5251183 66397071 62087174 13392753 14574042 98392992 95811970 X 143019790 147047897 37571097 42635712 42802086 44683749 223392973 234367358 321785965 330179328 X 1903226 9071159 0 0 0 0 X 0 1 X 1 1 1 X 16581530 8362910 15820056 8500788 8916326 58181610 0 0 0 0 0 0 0 0 0 0 0 0 16581530 8362910 15820056 8500788 8916326 58181610 10138348 48043262 2502287 2633664 3224258 3380865 4574204 16315278 0 3834 0 8637 16302 28773 0 0 0 0 0 0 74525661 781680536 0.64465 0.66039 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 1 6279 0 0 0 6279 0 Schedule C, Part II-B, Line 1 The University pays membership dues to the Independent Colleges of Washington and the NAICU which engage in lobbying activities. This amount represents the portion that is attributed to these activities. X X 1 3000 0 0 0 1 0 1 0 1 110082879 2051890 13316183 2812300 1151425 743946 120743281 99731841 1639060 12872005 2407162 1039722 713143 110082879 81042036 10052946 12299003 2019437 989305 653402 99731841 78548443 2584538 3341074 1860251 981067 590701 81042036 69624968 3098044 9098727 1767090 915424 590782 78548443 0.38 0.34 0.28 0 1 1 19369194 22876848 42246042 6472215 173020100 71466522 108025793 0 0 0 0 0 9828303 4795564 5032739 0 12483995 9283093 3200902 158505476 Pooled investments-cash & short-term 8668057 F Pooled investments-stock & equity institutional funds 47890715 F Pooled investments-private equity funds 23404188 F Pooled investments-notes receivable 11434939 F Pooled investments-real estate 39984019 F Institutional funds-charitable gift annuity reserve 1671950 F Split interest agreements held by others 7096134 F 140150002 Governmental student loan programs 6655481 Fair value of interest rate swaps 4540036 Student deposits and prepaid fees 1750524 Asset retirement obligation (present value) 1105633 Trust and annuity obligations (present value) 486355 Miscellaneous liabilities 36013 14574042 X 120008541 9071157 0 0 -60980421 -51909264 171917805 743946 228957 972903 172890708 108475542 0 0 0 929089 929089 107546453 743946 62697083 63441029 170987482 Schedule D, Part II, Line 9 The University holds an open space conservation easement on a small island in the Puget Sound of Washington. This easement is observed several times a year since it has no activity. The University does not disclose this on its financial statements. Schedule D, Part V, Line 4 The University's endowments consist of funds established for a variety of purposes. These endowments include both donor restricted endowment funds and funds designated by the Board of Trustees to function as endowments. Distributions from endowments are used primarily to provide scholarship resources for students enrolled at SPU. Distributions are made per any applicable donor instructions in the endowment agreements. Schedule D, Part X, Line 2 The University and the Foundation are exempt from federal income taxes pursuant to Section 501(c)(3) of the Internal Revenue Code except for unrelated business taxable income as defined in sections 511 through 515 of the Internal Revenue Code. Accordingly, the financial statements do not include a provision for federal income tax. Schedule D, Part XI, Line 2d Grants and scholarships - (62,763,983); Grant administration cost recovery - 66,900; Seattle Pacific Foundation revenue, including trusts (consolidated in audited financial statements) - 1,716,662. Schedule D, Part XI, Line 4b Rental expense Part VIII6b - (384,759); Fundraising event expense included in Part VIII8b - (35,749); Seattle Pacific Foundation donations, including trusts (consolidated in audited financial statements) - 649,465. Schedule D, Part XII, Line 2d Seattle Pacific Foundation expense, including trusts (consolidated in audited financial statements) - 508,581; Rental expense part VIII6b - 384,759; Fundraising event expense included in Part VIII8b - 35,749. Schedule D, Part XII, Line 4b Grants and scholarships - 62,763,983; Grant administration cost recovery - (66,900). 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 SPU claims an exemption from the requirement to publish the University policy publicly (per Rev. Proc. 75-50) as the University draws its students nationally and their records show evidence of the nondiscrimination policy in meaningful numbers. The success of our policy is shown by having 40% or 1142 ethnic minority students in our student body, which constitutes meaningful results in comparison to the ethnic makeup of the Northwest region. Schedule E, Part I, Line 6 The University receives funds from the federal government for research, student loans, grants and work study. The following is a list of the programs funded in part, or in whole, by the federal government: Federal Pell Grant Program, Federal Supplemental Education Opportunity Grant, Federal Work-Study Program, TEACH Grant, Perkins Loan Program, Nursing Student Loan Program, National Institutes of Health Grants, and National Science Foundation Grants. 1 Central America and the Caribbean 0 0 Program Services Student study tours 61898 East Asia and the Pacific 0 0 Program Services Student study tours 172034 Europe (including Iceland and Greenland) 0 0 Program Services Student study tours 411405 South America 0 0 Program Services Student study tours and service trips 96348 Central America and the Caribbean 0 0 Grantmaking Student financial aid 22448 East Asia and the Pacific 0 0 Grantmaking Student financial aid 170028 Europe (including Iceland and Greenland) 0 0 Grantmaking Student financial aid 528519 Middle East and North Africa 0 0 Grantmaking Student financial aid 15160 Russia and the newly independent States 0 0 Grantmaking Student financial aid 22114 South America 0 0 Grantmaking Student financial aid 23724 Sub-Saharan Africa 0 0 Grantmaking Student financial aid 9500 0 0 1533178 Student financial aid posted while studying abroad Central America and the Caribbean 2 0 22448 Financial aid posted to student accounts Book Student financial aid posted while studying abroad East Asia and the Pacific 24 0 170028 Financial aid posted to student accounts Book Student financial aid posted while studying abroad Europe (including Iceland and Greenland) 69 0 528519 Financial aid posted to student accounts Book Student financial aid posted while studying abroad Middle East and North Africa 1 0 15160 Financial aid posted to student accounts Book Student financial aid posted while studying abroad Russia and the newly independent States 3 0 22114 Financial aid posted to student accounts Book Student financial aid posted while studying abroad South America 3 0 23724 Financial aid posted to student accounts Book Student financial aid posted while studying abroad Sub-Saharan Africa 1 0 9500 Financial aid posted to student accounts Book 0 0 0 0 0 0 Schedule F, Part I, Line 2 These are student financial aid grants awarded based on the institution's assessment of the recipient's academic achievement, financial need, and other standards similar to those held by other universities. The student's records are then monitored in order to ensure that the grant requirements are continuing to be met. These disbursements are made in accordance with the exempt purpose for which the institution was organized, and with procedures and conditions established by the university. X X X X X X X 1 Ruffalo Noel Levitz LLC 1025 Kirkwood Parkway SW Cedar Rapids IA 52404 Coordinated telemarketing fundraiser 0 104310 59195 45115 104310 59195 45115 AK AL AR AZ CA CO CT DC DE FL GA HI IA ID IL IN KS KY LA MD ME MI MN MO MS MT NC ND NE NH NJ NM NV NY OH OK OR PA RI SC SD TN TX UT VA VT WA WI WV WY Soccer Auction 78878 43523 35355 0 24436 1000 9559 0 2985 Golf Tournament 69595 40800 28795 0 3823 18575 0 0 1200 0 148473 84323 64150 0 28259 19575 9559 0 4185 61578 2572 1 A Seattle Church 766 John St Seattle WA 981095132 463632939 501(c)3 20000 0 Participation grants for development of young adult ministries. Lake Burien Presbyterian Church 15003 14th Ave SW Burien WA 981661746 910616446 501(c)3 20000 0 Participation grants for development of young adult ministries. Lake Sammamish Foursquare Church 14434 NE 8th St Bellevue WA 980074146 943019551 501(c)3 20000 0 Participation grants for development of young adult ministries. Lighthouse Christian Church 15530 Lake Hills Blvd Ste 201 Bellevue WA 980075928 912073902 501(c)3 20000 0 Participation grants for development of young adult ministries. New Earth Tierra Nueva 701 E Fairhaven Ave Burlington WA 982331914 911433771 501(c)3 20000 0 Participation grants for development of young adult ministries. Rainier Avenue Church 5900 Rainier Ave S Seattle WA 981182724 911140928 501(c)3 20000 0 Participation grants for development of young adult ministries. Renew Covenant Church 11349 20th Ave NE Seattle WA 981256553 273198084 501(c)3 10000 0 Participation grants for development of young adult ministries. Silverdale United Methodist Church PO Box 1400 Silverdale WA 983831400 910849867 501(c)3 20000 0 Participation grants for development of young adult ministries. University Presbyterian Church 4540 15th Ave NE Seattle WA 98105 910564756 501(c)3 20000 0 Participation grants for development of young adult ministries. Westminster Presbyterian Church 1925 Boulevard Rd SE Olympia WA 985013277 910651421 501(c)3 20000 0 Participation grants for development of young adult ministries. 10 0 Institutional Student Scholarships & Grants 2906 0 58407502 Book Credit to student account Federally Funded Student Scholarships & Grants 246 0 720332 Book Credit to student account Privately Funded Student Scholarships & Grants 639 0 2722183 Book Credit to student account Student Academic Achievement or Service Award 39 30550 0 Book Benevolence 2 15600 0 Book Schedule I, Part I, Line 2 Grant disbursements for the institution's exempt programs are made in accordance with the exempt purpose for which the institution was organized, and with procedures and conditions established by the institution's governing board. Student scholarships and grants are awarded based on the institution's assessment of recipient's academic achievement, financial need, and other standards similar to those held by other universities. The student's records are then monitored in order to ensure that the grant requirements are continuing to be met. X X X X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 Daniel Martin President 397508 0 0 0 38676 0 43616 0 153646 0 633446 0 0 0 Craig Kispert VP for Finance and Business Affairs 250959 0 0 0 1310 0 29944 0 54121 0 336334 0 0 0 Jeffrey Van Duzer Provost 258460 0 0 0 4374 0 32272 0 17414 0 312520 0 0 0 Donald Mortenson Senior VP Planning and Administration 182678 41749 0 0 51309 841 20744 5616 2804 759 257535 48965 0 0 Louise Furrow VP for University Advancement 187060 0 0 0 9439 0 22296 0 18798 0 237593 0 0 0 Nathan Mouttet VP for Enrollment Management and Marketing 176103 0 0 0 570 0 18629 0 3350 0 198652 0 0 0 Jeffrey Jordan VP for Student Life 167460 0 0 0 1599 0 18771 0 18291 0 206121 0 0 0 Ross Stewart Dean 187326 0 0 0 2662 0 20866 0 11238 0 222092 0 0 0 Debra Sequeira Dean 174480 0 0 0 5070 0 18556 0 11153 0 209259 0 0 0 Lorie Wild Dean 161448 0 0 0 8789 0 17518 0 11087 0 198842 0 0 0 Bruce Congdon Dean 161075 0 0 0 2352 0 18178 0 13937 0 195542 0 0 0 Kimberly Sawers Associate Dean 149978 0 0 0 12797 0 15997 0 11013 0 189785 0 0 0 Schedule J, Part I, Line 1a First Class Travel - Certain University salaried officers and key employees are allowed to fly first class based on work need or physical limitations as approved by their immediate supervisors. Disqualified Persons as defined by IRC 4946 use of first class travel are also approved in advance by the governing board. Travel for Companions - The spouse of the President is allowed to travel with the President as required for business purpose and specifically approved by the board chair. Housing Allowance - The President is required, as a condition of employment, to live in campus provided housing. All facility related expenses to such housing is paid for by the University. Social Clubs - Social club memberships are provided to certain employees and officers related to their specific job responsibilities for donor development and business meetings. Any personal use of the clubs is minor and is reimbursed to the University and for disqualified persons as defined by IRC 4946 the memberships are approved in advance by the governing board. Schedule J, Part I, Line 3 The President's compensation is reviewed and approved annually by the Executive Committee of the Board of Trustees. The review includes a comparison of compensation levels of university presidents of similar institutions using both regional and national higher education compensation surveys. The compensation of the senior leadership team, who are also Disqualified Persons as defined by IRC 4946, is reviewed and approved by Executive Committee using a similar methodology of reviewing existing and proposed compensation against regional and national higher education surveys. The Executive Committee's actions are ratified at a subsequent meeting of the Board of Trustees. Schedule J, Part I, Line 7 The University transferred ownership of a four year old vehicle. A Washington Higher Education Facilities Authority 911306482 2013-12-19 85515000 Refund Bonds Issued 06/26/2008; Buildings & Structures 0 0 0 A 23215000 0 85521449 0 344277 0 465534 0 0 22249466 62800000 0 2014 1 0 1 1 A 0 0 1 1 0 0 0 0 0 0 1 A 0 0 1 0 1 0 0 0 1 A 1 Schedule K, Part II, Line 3-12/19/2013 85,515,000 Washington Higher Education Facilities Authority Investment earnings are included in line 3 but not on Part 1, column (e). Schedule K, Part III, Line 3a-12/19/2013 85,515,000 Washington Higher Education Facilities Authority Seattle Pacific University engages Sodexo America LLC to provide food service operations to its campuses. SPU has worked with bond counsel to review and create the agreement between SPU and Sodexo for this service so that the agreement meets the safe harbor provisions available under Rev. Proc. 97-13. Schedule K, Part IV, Line 2b-12/19/2013 85,515,000 Washington Higher Education Facilities Authority Eighteen-month spending exception. Schedule K, Part IV, Line 3-12/19/2013 85,515,000 Washington Higher Education Facilities Authority Bonds reflected in column A of Part II reflect one issuance in multi-modal format in five separate Series: Series 2013 A Bonds (Variable Rate), Series 2013 B Bonds (Variable Rate), Series 2013 C Bonds (Fixed Rate), Series 2013 D Bonds (Fixed Rate) and Series 2013 E Bonds (Fixed Rate). Merit Scholarships Relative 24000 Scholarships Student Financial Aid Sharleen Kato Spouse of board member - not in employment reporting line 120493 Compensation/benefits 0 Melanie Whitehead Spouse of board member - not in employment reporting line 62860 Compensation/benefits 0 Schedule L, Part IV Compensation is set by the salary and benefit policies of the University and there is no involvement of related parties in the setting of their compensation. X 292 FMV X 37891 FMV X 21 350724 Market Price X 1 969819 FMV X 1 9333 FMV X 19 11805 FMV X Equipment 13 27668 FMV X Airline Vouchers 1 12500 FMV X Lodging 3 5250 FMV X Events 8 1135 FMV 0 0 1 1 Schedule M, Part I The number of contributions listed in column B is the number of separate non-cash donations received from donors during the year. Schedule M, Part I, Line 32b The Seattle Pacific Foundation manages the liquidation of publicly traded securities. Other non-cash gifts are liquidated by brokers/dealers specialized in a specific area. Form 990, Part VI, Section B - Line 11a - The University provides a complete copy of the final Form 990 to each member of the governing body, with the exception of Schedule B (Schedule of Contributors), before its final filing with the IRS. Form 990, Part VI, Section B, Line 11b The University posts the Form 990 on a secure website for the trustees to access prior to filing. The trustees receive a link to the website that allows them to access the return and are provided an opportunity to submit questions or concerns before the 990 is filed. The Executive Committee of the Board reviews the 990 as part of a separate process. Form 990, Part VI, Section B, Line 12c Once a year conflict of interest questionnaires are sent to the trustees, officers, directors, and key employees along with requests of other information that is needed for the completion of the Form 990 return. Those surveys are then reviewed for conflicts and a determination is made as to what if any action is needed. Business transactions with entities that a Board member may own or control must meet purchasing standards of the University regarding price competitiveness. Form 990, Part VI, Section B, Line 15 The President's compensation is reviewed and approved annually by the Executive Committee of the Board of Trustees. The review includes a comparison of compensation levels of university presidents of similar institutions using both regional and national higher education compensation surveys. The compensation of other officers and key employees, who are also Disqualified Persons as defined by IRC 4946, is reviewed and approved by Executive Committee using a similar methodology of reviewing existing and proposed compensation against regional and national higher education surveys. The Executive Committee's actions are ratified at a subsequent meeting of the Board of Trustees. Form 990, Part VI, Section C, Line 19 The University makes its governing documents, which includes the conflict of interest policy, available upon request. The audited financial statements are made available at www.spu.edu and at various other organization websites associated with the University. Form 990, Part VII, Section A, Line 1a Craig Kispert, Vice President for Finance and Business Affairs, is an officer per IRS instructions only and is not an officer per corporate by-laws. Form 990, Part XI, Line 5 This amount reflects the total of unrealized gains and losses on investments carried at market value. Seattle Pacific Foundation 3307 Third Ave W Seattle WA 98119 911068276 To support Seattle Pacific University WA 501 (c) (3) 12a Type I Seattle Pacific University 1 Charitable Remainder Unitrusts (48) 3307 Third Ave West Seattle WA 98119 Beneficial Interest WA N/A T 0 Pooled Income Fund (1) 3307 Third Ave West Seattle WA 98119 Beneficial Interest WA N/A T 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 Seattle Pacific Foundation c 83817 FMV Seattle Pacific Foundation m 743946 FMV Seattle Pacific Foundation q 380407 FMV