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        <EndYearBalanceAmt>1398777</EndYearBalanceAmt>
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        <AdministrativeExpensesAmt>9109</AdministrativeExpensesAmt>
        <EndYearBalanceAmt>1130161</EndYearBalanceAmt>
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      <BoardDesignatedBalanceEOYPct>0.63000</BoardDesignatedBalanceEOYPct>
      <PrmnntEndowmentBalanceEOYPct>0.37000</PrmnntEndowmentBalanceEOYPct>
      <TermEndowmentBalanceEOYPct>0.00000</TermEndowmentBalanceEOYPct>
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      <TotalLiabilityAmt>9500</TotalLiabilityAmt>
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        <FormAndLineReferenceDesc>PART V, LINE 4:</FormAndLineReferenceDesc>
        <ExplanationTxt>TO PROVIDE SCHOLARSHIPS AND SUPPORT OPERATIONS OF THE PROGRAM.</ExplanationTxt>
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        <GrossRevenueEvent1Amt>289808</GrossRevenueEvent1Amt>
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        <OtherDirectExpensesEvent1Amt>502688</OtherDirectExpensesEvent1Amt>
        <GrossReceiptsTotalAmt>1405648</GrossReceiptsTotalAmt>
        <CharitableContributionsTotAmt>1115840</CharitableContributionsTotAmt>
        <GrossRevenueTotalEventsAmt>289808</GrossRevenueTotalEventsAmt>
        <FoodAndBeverageTotalEventsAmt>191153</FoodAndBeverageTotalEventsAmt>
        <EntertainmentTotalEventsAmt>35632</EntertainmentTotalEventsAmt>
        <OthDirectExpnssTotalEventsAmt>502688</OthDirectExpnssTotalEventsAmt>
        <DirectExpenseSummaryEventsAmt>729473</DirectExpenseSummaryEventsAmt>
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        <GrantTypeTxt>EDUCATIONAL SCHOLARSHIPS</GrantTypeTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART I, LINE 2:</FormAndLineReferenceDesc>
        <ExplanationTxt>ALL APPLICANTS MUST SUBMIT AN APPLICATION INCLUDING AN ESSAY, TRANSCRIPT AND FINANCIAL NEED. A CHECK IS SENT DIRECTLY TO THE SCHOOL WITH A LETTER EXPLICITLY STATING THE SCHOLARSHIP FUNDS MAY BE USED TO FUND BOOKS, ON CAMPUS LIVING AND TUITION, BUT THE STUDENT IS NOT TO RECEIVE ANY CASH.</ExplanationTxt>
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      <CompensationSurveyInd>X</CompensationSurveyInd>
      <BoardOrCommitteeApprovalInd>X</BoardOrCommitteeApprovalInd>
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      <SupplementalNonqualRtrPlanInd>0</SupplementalNonqualRtrPlanInd>
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      <CompBasedOnRevenueOfFlngOrgInd>0</CompBasedOnRevenueOfFlngOrgInd>
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        <CompensationBasedOnRltdOrgsAmt>150000</CompensationBasedOnRltdOrgsAmt>
        <BonusFilingOrganizationAmount>0</BonusFilingOrganizationAmount>
        <BonusRelatedOrganizationsAmt>5000</BonusRelatedOrganizationsAmt>
        <OtherCompensationFilingOrgAmt>0</OtherCompensationFilingOrgAmt>
        <OtherCompensationRltdOrgsAmt>0</OtherCompensationRltdOrgsAmt>
        <DeferredCompensationFlngOrgAmt>0</DeferredCompensationFlngOrgAmt>
        <DeferredCompRltdOrgsAmt>4831</DeferredCompRltdOrgsAmt>
        <NontaxableBenefitsFilingOrgAmt>0</NontaxableBenefitsFilingOrgAmt>
        <NontaxableBenefitsRltdOrgsAmt>5095</NontaxableBenefitsRltdOrgsAmt>
        <TotalCompensationFilingOrgAmt>0</TotalCompensationFilingOrgAmt>
        <TotalCompensationRltdOrgsAmt>164926</TotalCompensationRltdOrgsAmt>
        <CompReportPrior990FilingOrgAmt>0</CompReportPrior990FilingOrgAmt>
        <CompReportPrior990RltdOrgsAmt>0</CompReportPrior990RltdOrgsAmt>
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        <FormAndLineReferenceDesc>PART I, LINE 3</FormAndLineReferenceDesc>
        <ExplanationTxt>THE BOARD SECRETARY DOES A 360 DEGREE PERFORMANCE EVALUATION OF THE PRESIDENT AND CEO WITH EVALUATIONS SUBMITTED BY STAFF, BOARD MEMBERS, AND MEMBERS OF THE COMMUNITY AT LARGE. THE SECRETARY ALSO REVIEWS NON-PROFIT EXECUTIVE SALARY SURVEYS TO ENSURE GSBA IS INLINE WITH CURRENT SALARIES. IT IS THE SECRETARY THAT EVALUATES THE DIRECTOR OF OPERATIONS AND NOT THE PRESIDENT AND CEO DUE TO THEIR FAMILIAL RELATIONSHIP.</ExplanationTxt>
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        <MethodOfDeterminingRevenuesTxt>FMV</MethodOfDeterminingRevenuesTxt>
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      <OtherNonCashContriTableGrp>
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        <Desc>PRINTED INVITATIONS</Desc>
        <ContributionCnt>1</ContributionCnt>
        <NoncashContributionsRptF990Amt>3773</NoncashContributionsRptF990Amt>
        <MethodOfDeterminingRevenuesTxt>FMV</MethodOfDeterminingRevenuesTxt>
      </OtherNonCashContriTableGrp>
      <OtherNonCashContriTableGrp>
        <NonCashCheckboxInd>X</NonCashCheckboxInd>
        <Desc>CHOCOLATES</Desc>
        <ContributionCnt>1</ContributionCnt>
        <NoncashContributionsRptF990Amt>3500</NoncashContributionsRptF990Amt>
        <MethodOfDeterminingRevenuesTxt>FMV</MethodOfDeterminingRevenuesTxt>
      </OtherNonCashContriTableGrp>
      <AnyPropertyThatMustBeHeldInd>0</AnyPropertyThatMustBeHeldInd>
      <ReviewProcessUnusualNCGiftsInd>0</ReviewProcessUnusualNCGiftsInd>
      <ThirdPartiesUsedInd>0</ThirdPartiesUsedInd>
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        <FormAndLineReferenceDesc>PART I, COLUMN (B):</FormAndLineReferenceDesc>
        <ExplanationTxt>CHOCOLATES AND PRINTED INVITATIONS: THE NUMBER OF CONTRIBUTORS. AUCTION ITEMS: THE NUMBER OF CONTRIBUTIONS.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 2</FormAndLineReferenceDesc>
        <ExplanationTxt>LOUISE CHERNIN, PRESIDENT AND CEO, IS RACHEL CHERNIN'S, VP OF OPERATIONS AND DIRECTOR OF FINANCE, MOTHER.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 8B</FormAndLineReferenceDesc>
        <ExplanationTxt>THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE DRAFT 990 IS DISTRIBUTED TO THE EXECUTIVE OFFICERS, FINANCE COMMITTEE AND FULL GOVERNING BOARD. THEY HAVE 2 WEEKS TO REVIEW, ASK QUESTIONS AND APPROVE BEFORE THE PRESIDENT AND CEO SIGNS IT.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>BY SIGNING THE ANNUAL CONFLICT OF INTEREST, IT REQUIRES BOARD MEMBERS TO REPORT ANYTHING THAT MIGHT CONSTITUTE A CONFLICT. BOARD LEADERSHIP AND MANAGEMENT FOLLOW UP AND DOCUMENT THE RESOLUTION.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 15</FormAndLineReferenceDesc>
        <ExplanationTxt>THE BOARD SECRETARY DOES A 360 DEGREE PERFORMANCE EVALUATION OF THE PRESIDENT AND CEO WITH EVALUATIONS SUBMITTED BY STAFF, BOARD MEMBERS, AND MEMBERS OF THE COMMUNITY AT LARGE. THE SECRETARY ALSO REVIEWS NON-PROFIT EXECUTIVE SALARY SURVEYS TO ENSURE GSBA IS INLINE WITH CURRENT SALARIES. IT IS THE SECRETARY THAT EVALUATES THE DIRECTOR OF OPERATIONS AND NOT THE PRESIDENT AND CEO DUE TO THEIR FAMILIAL RELATIONSHIP.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>UPON REQUEST.</ExplanationTxt>
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        <USAddress>
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          <CityNm>SEATTLE</CityNm>
          <StateAbbreviationCd>WA</StateAbbreviationCd>
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        </USAddress>
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        <PrimaryActivitiesTxt>BUSINESS ASSOCIATON</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>WA</LegalDomicileStateCd>
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        <PublicCharityStatusTxt>N/A</PublicCharityStatusTxt>
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      <LoansOrGuaranteesToOtherOrgInd>0</LoansOrGuaranteesToOtherOrgInd>
      <LoansOrGuaranteesFromOthOrgInd>0</LoansOrGuaranteesFromOthOrgInd>
      <DivRelatedOrganizationInd>0</DivRelatedOrganizationInd>
      <AssetSaleToOtherOrgInd>0</AssetSaleToOtherOrgInd>
      <AssetPurchaseFromOtherOrgInd>0</AssetPurchaseFromOtherOrgInd>
      <AssetExchangeInd>0</AssetExchangeInd>
      <RentalOfFacilitiesToOthOrgInd>0</RentalOfFacilitiesToOthOrgInd>
      <RentalOfFcltsFromOthOrgInd>0</RentalOfFcltsFromOthOrgInd>
      <PerformOfServicesForOthOrgInd>0</PerformOfServicesForOthOrgInd>
      <PerformOfServicesByOtherOrgInd>1</PerformOfServicesByOtherOrgInd>
      <SharingOfFacilitiesInd>1</SharingOfFacilitiesInd>
      <PaidEmployeesSharingInd>1</PaidEmployeesSharingInd>
      <ReimbursementPaidToOtherOrgInd>1</ReimbursementPaidToOtherOrgInd>
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      <TransactionsRelatedOrgGrp>
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          <BusinessNameLine1Txt>GREATER SEATTLE BUSINESS ASSOCIATION</BusinessNameLine1Txt>
        </OtherOrganizationName>
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        <InvolvedAmt>576211</InvolvedAmt>
        <MethodOfAmountDeterminationTxt>BOOK</MethodOfAmountDeterminationTxt>
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</Return>