Friday Foundation

990PF • Fiscal year 2020 • EIN 47-1889104

Jul 01, 2019 to Jun 30, 2020 • Filed on May 12, 2021

Organization Profile

PO Box 518Medina, WA 98039

(425) 455-3338

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

0.00x

Higher debt load relative to assets than 12% of similar nonprofits.

2020 filings • $50M-$100M nonprofits • Source year 2020

0.00x

Higher debt load relative to revenue than 11% of similar nonprofits.

2020 filings • $50M-$100M nonprofits • Source year 2020

-1232%

Higher net margin than 1% of similar nonprofits.

2020 filings • $50M-$100M nonprofits • Source year 2020

No value available

This filing does not contain officer compensation rows.

Source year 2020

-77%

Faster asset growth than 1% of similar nonprofits.

2020 filings • $50M-$100M nonprofits • Annualized from 2019 to 2020

965%

Faster revenue growth than 99% of similar nonprofits.

2020 filings • $50M-$100M nonprofits • Annualized from 2019 to 2020

Balance Sheet

Liabilities / Assets12th percentile

Assets

Down

$81,849,923

Down $274,346,759 (-77%) from 2019

Net Assets

$81,849,423

No earlier filing loaded for comparison.

Liabilities

Down

$500

Down $20,491,100 (-100%) from 2019

Revenue And Expenses

Liabilities / Revenue11th percentile Net Margin1st percentile

Revenue

$20,603,928

Up $18,669,408 (+965%) from 2019

Expenses

$274,459,587

Up $274,183,884 (+99449%) from 2019

Net Income

Down

-$253,855,659

Down $255,514,476 (-15403%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

Highlighted filing

2020

Assets$81,849,923

Liabilities$500

Net Assets$81,849,423

Open 2020 Filing

Operations Trend

Revenue Growth99th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2020

Revenue$20,603,928

Expenses$274,459,587

Net Income-$253,855,659

Open 2020 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2019 to Jun 30, 2020
Signed: May 12, 2021
Return Version: 2019v5.2

Compensation and Service Providers

Top Officer PayScore unavailable

Employees

Name	Title	Full / Part Time	Base	Other	Total
CAROLYN GRINSTEIN	President, Treasurer	PT	$0	-	-
DONALD HUSSONG	Vice President, Secretary	-	$0	-	-
GEORGE STEERS	Director	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Friday Foundation
EIN: 47-1889104
Phone: 4254553338
Address: PO BOX 518, MEDINA, WA 98039

Signing Officer

Name: Carolyn Grinstein
Title: President
Phone: 4254553337
Signed: 2021-05-12
Discuss with paid preparer: Yes

Preparer

Firm: Stetson Koenes Pllc
Address: 8561 154TH AVENUE NE SUITE 270, REDMOND, WA 98052
Preparer: Anna L Takasugi
Phone: 4256351196

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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AccountingFeesSchedule/AccountingFeesDetail/CategoryTxt	0	ACCOUNTANT FEES
AccountingFeesSchedule/AccountingFeesDetail/DisbursementsCharitablePrpsAmt	0	10195
AccountingFeesSchedule/AccountingFeesDetail/NetInvestmentIncomeAmt	0	0
DissolutionStmt/DissolutionInformationGrp/BusinessName/BusinessNameLine1Txt	0	SEATTLE ART MUSEUM
DissolutionStmt/DissolutionInformationGrp/BusinessName/BusinessNameLine1Txt	1	SEATTLE ART MUSEUM CONT
DissolutionStmt/DissolutionInformationGrp/DissolutionAmt	0	147000000
DissolutionStmt/DissolutionInformationGrp/DissolutionAmt	1	111600000
DissolutionStmt/DissolutionInformationGrp/ShortExplanationTxt	0	THE DONATED ART COLLECTION CONSISTS OF THE FOLLOWING PIECES:FRANCIS BACON (1909-1992) PORTRAIT OF MAN WITH GLASSES $6,000,000 FRANCIS BACON (1909-1992) STUDY FOR A PORTRAIT $35,000,000 WILLEM DE KOONING (1904-1997) TOWN SQUARE $25,000,000 HELEN FRANKENTHALER (1928-2011) DAWN SHAPES $1,500,000 ALBERTO GIACOMETTI (1901-1966) FEMME DE VENISE II $12,000,000 ADOLPH GOTTLIEB (1903-1974) CRIMSON SPINNING #1 $8,000,000 PHILIP GUSTON (1913-1980) TO BWT $12,000,000 PHILIP GUSTON (1913-1980) THE PAINTER $15,000,000 FRANZ KLINE (1910-1962) PAINTING #11 $6,000,000 LEE KRASNER (1908-1984) NIGHT WATCH $6,000,000 JOAN MITCHELL (1925-1992) THE SINK $12,000,000 ROBERT MOTHERWELL (1915-1991) IRISH ELEGY $4,000,000 JACKSON POLLOCK (1912-1956) UNTITLED $4,500,000
DissolutionStmt/DissolutionInformationGrp/ShortExplanationTxt	1	AD REINHARDT (1913-1967) BROWN WINDOWS $1,000,000 MARK ROTHKO (1903-1970) UNTITLED $600,000 MARK ROTHKO (1903-1970) UNTITLED $50,000,000 CLYFFORD STILL (1904-1980) NUMBER 2 $60,000,000
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IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt	0	519587
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingDsbrsChrtblAmt	0	848
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IRS990PF/QlfyUndSect4940eReducedTaxGrp/NetVlNoncharitableAssetsAmt	0	35236432
IRS990PF/QlfyUndSect4940eReducedTaxGrp/NetVlNoncharitableAssetsYr1Amt	0	675632
IRS990PF/QlfyUndSect4940eReducedTaxGrp/NetVlNoncharitableAssetsYr2Amt	0	32443
IRS990PF/QlfyUndSect4940eReducedTaxGrp/NetVlNoncharitableAssetsYr3Amt	0	2
IRS990PF/QlfyUndSect4940eReducedTaxGrp/NetVlNoncharitableAssetsYr4Amt	0	0
IRS990PF/QlfyUndSect4940eReducedTaxGrp/NetVlNoncharitableAssetsYr5Amt	0	66
IRS990PF/QlfyUndSect4940eReducedTaxGrp/QualifyingDistributionsAmt	0	274214304
IRS990PF/QlfyUndSect4940eReducedTaxGrp/TotalDistributionRt	0	11.773200
IRS990PF/QualifyingDistriPartXIIGrp/AdjustedQualifyingDistriAmt	0	274008265
IRS990PF/QualifyingDistriPartXIIGrp/ExpensesAndContributionsAmt	0	274214304
IRS990PF/QualifyingDistriPartXIIGrp/PctSect4940eOrgNetInvstIncmAmt	0	206039
IRS990PF/QualifyingDistriPartXIIGrp/ProgramRelatedInvstTotalAmt	0	0
IRS990PF/QualifyingDistriPartXIIGrp/QualifyingDistributionsAmt	0	274214304
IRS990PF/StatementsRegardingActy4720Grp/BrrwOrLendDisqualifiedPrsnInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/SubjToTaxRmnrtnExPrchtPymtInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPriorActsInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd	0	0
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd	0	0
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd	0	0
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd	0	1
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd	0	0
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd	0	1
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd	0	0
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd	0	0
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd	0	0
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd	0	1
IRS990PF/StatementsRegardingActyGrp/IndividualWithBooksNm	0	CAROLYN GRINSTEIN
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd	0	0
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt	0	PO BOX 518
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm	0	MEDINA
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd	0	WA
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd	0	98039
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd	0	0
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd	0	0
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd	0	1
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd	0	WA
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd	0	0
IRS990PF/StatementsRegardingActyGrp/PhoneNum	0	4254426896
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd	0	0
IRS990PF/StatementsRegardingActyGrp/Section4955ManagersTaxAmt	0	0
IRS990PF/StatementsRegardingActyGrp/Section4955OrganizationTaxAmt	0	0
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd	0	0
IRS990PF/StatementsRegardingActyGrp/TaxReimbursedAmt	0	0
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd	0	0
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt	0	HTTPS://FRIDAYFOUNDATIONARTS.ORG
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt	0	THE FRIDAY FOUNDATION BOARD OF DIRECTORS MET REGULARLY DURING THE FISCAL YEAR TO DISCUSS THE PARAMETERS FOR DONATING PORTIONS OF THE FINE ART COLLECTION TO QUALIFYING MUSEUMS AND EDUCATIONAL INSTITUTIONS IN ORDER TO ENSURE THE INTEGRITY OF THE COLLECTION. THE BOARD OF DIRECTORS ALSO MET WITH QUALIFYING MUSEUMS AND EDUCATIONAL INSTITUTIONS TO DETERMINE WHETHER THOSE ORGANIZATIONS WERE INTERESTED IN RECEIVING A PORTION OF THE COLLECTION AND EVALUATING THE SUITABILITY OF THOSE ORGANIZATIONS.A SIGNIFICANT PORTION OF THE COLLECTION WAS DONATED TO ONE MUSEUM DURING FISCAL YEAR JUNE 30, 2020.
IRS990PF/SummaryOfDirectChrtblActyGrp/Description2Txt	0	THE BOARD OF DIRECTORS MET DURING THE FISCAL YEAR TO DISCUSS QUALIFYING ORGANIZATIONS FOR EMERGENCY RELIEF DONATIONS.
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses1Amt	0	181117
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses2Amt	0	0
IRS990PF/SumOfProgramRelatedInvstGrp/TotalAmt	0	0
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt	0	100000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt	1	270000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt	2	1000000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt	3	258600000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt	4	10270000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt	5	2000000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt	6	100000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt	7	100000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt	8	1500000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt	0	TO SUPPORT THE MISSION OF UNITING ARTISTIC AMBITION AND CIVIC ENGAGEMENT.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt	1	TO SUPPORT THE ARTSFUND'S COVID-19 ARTS EMERGENCY RELIEF FUND
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt	2	TO SUPPORT THE CREATION OF THE JANE LANG DAVIS NEW WORKS FUND.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt	3	TO SUPPORT THE MISSION OF CONNECTING ART TO LIFE, DEVELOP NEW EXHIBITIONS FOCUSED ON ART THAT EXCITES AND EDUCATES THE PUBLIC, BY DONATING A COLLECTION OF ABSTRACT EXPRESSIONISM AND MODERN MASTERPIECES.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt	4	TO SUPPORT THE POST-WAR AND CONTEMPORARY ART CONSERVATION PROGRAMS, PURCHASE TECHNICAL EQUIPMENT FOR ART CONSERVATION, AND TO FUND COSTS RELATED TO PRESENTING THE LANG COLLECTION AND OTHER ARTWORKS.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt	5	TO SUPPORT THE CLOSURE RELIEF FUND
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt	6	TO SUPPORT EFFORTS TO FACILITATE THE CREATION, PERFORMANCE AND ENJOYMENT OF CHAMBER MUSIC THROUGHOUT NORTH AMERICA.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt	7	TO SUPPORT THE CREATION OF PRODUCTIONS AND PROGRAMS THAT REFLECT AND ELEVATE THE DIVERSE CULTURES, PERSPECTIVES, AND LIFE EXPERIENES OF THE REGION.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt	8	TO SUPPORT THE CREATION OF THE RICHARD E. LANG AND JANE LANG DAVIS LIVING MUSIC PROGRAM, UNITING AUDIENCES AND FOSTERING CULTURAL EXCHANGE THROUGH AN ANNUAL CONCERT THAT FEATURES AMBITIOUS AND INNOVATIVE PROGRAMMING.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt	0	A CONTEMPORARY THEATRE INC (ACT)
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt	1	ARTSFUND
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt	2	PACIFIC NW BALLET FOUNDATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt	3	SEATTLE ART MUSEUM
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt	4	SEATTLE ART MUSEUM
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt	5	SEATTLE ART MUSEUM
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt	6	SEATTLE CHAMBER MUSIC SOCIETY FOUNDATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt	7	SEATTLE REPERTORY THEATRE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt	8	SEATTLE SYMPHONY FOUNDATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt	0	PC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt	1	PC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt	2	SO I
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt	3	PC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt	4	PC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt	5	PC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt	6	SO II
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt	7	PC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt	8	SO I
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt	0	700 UNION ST
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt	1	100 W HARRISON STREET SOUTH TOWER
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt	2	301 MERCER STREET
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt	3	1300 FIRST AVENUE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt	4	1300 FIRST AVENUE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt	5	1300 FIRST AVENUE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt	6	601 UNION ST 220
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt	7	155 MERCER STREET PO BOX 900923
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt	8	PO BOX 21906
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine2Txt	0	SUITE 150
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm	0	SEATTLE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm	1	SEATTLE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm	2	SEATTLE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm	3	SEATTLE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm	4	SEATTLE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm	5	SEATTLE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm	6	SEATTLE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm	7	SEATTLE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm	8	SEATTLE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd	0	WA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd	1	WA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd	2	WA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd	3	WA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd	4	WA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd	5	WA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd	6	WA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd	7	WA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd	8	WA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd	0	98101
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd	1	98119
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd	2	98109
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd	3	98101
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd	4	98101
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd	5	98101
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd	6	98101
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd	7	98109
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd	8	98111
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd	0	X
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriApprvFutAmt	0	0
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt	0	273940000
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd	0	0
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt	0	1555783
IRS990PF/UndistributedIncomeGrp/AppliedToPriorYearsAmt	0	0
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt	0	0
IRS990PF/UndistributedIncomeGrp/CorpusDistri170b1EOr4942g3Amt	0	0
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt	0	1555783
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovAppCYAmt	0	0
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt	0	275807
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt	0	367092
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt	0	2090
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt	0	0
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt	0	0
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt	0	273303510
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt	0	272658521
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt	0	275807
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt	0	367092
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt	0	2090
IRS990PF/UndistributedIncomeGrp/PriorYearDeficiencyOrTaxAmt	0	0
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt	0	0
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt	0	274214304
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt	0	272658521
IRS990PF/UndistributedIncomeGrp/Taxable1Amt	0	0
IRS990PF/UndistributedIncomeGrp/Taxable2Amt	0	0
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt	0	273303510
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt	0	644989
IRS990PF/UndistributedIncomeGrp/TotalForPriorYearsAmt	0	0
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt	0	0
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt	0	0
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt	0	0
LegalFeesSchedule/LegalFeesGrp/CategoryTxt	0	ATTORNEY FEES
LegalFeesSchedule/LegalFeesGrp/DisbursementsCharitablePrpsAmt	0	81144
LegalFeesSchedule/LegalFeesGrp/LegalFeesAmt	0	81144
LegalFeesSchedule/LegalFeesGrp/NetInvestmentIncomeAmt	0	0
LiquidationExplanationStmt/ExplanationTxt	0	THE FOUNDATION DONATED A SUBSTANTIAL AMOUNT OF ITS ART COLLECTION TO THE SEATTLE ART MUSEUM ON 6/20/2020. THIS DONATION IS CONSISTENT WITH THE FOUNDATION'S MISSION AND OBJECTIVES. THE FOUNDATION IS NOT DISSOLVING, THIS FALLS WITHIN THE SUBSTANTIAL CONTRACTION RULE.
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt	0	303591500
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc	0	FINE ART COLLECTION
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt	0	44291500
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt	0	44291500
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	0	BANK CHARGES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	1	ART INSURANCE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	2	STORAGE FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	3	MISCELLANEOUS
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	0	90
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	1	160000
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	2	21027
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	3	0
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt	0	0
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt	1	0
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt	2	0
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt	3	0

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $81,849,923
Liabilities: $500
Net assets: $81,849,423
Revenue: $20,603,928
Expenses: $274,459,587
Net income: -$253,855,659

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$34.5	$0.01	$34.5	$1.13	$0.13	$1.00
2023Detailed filing. Detailed filing data is available for this year.	$33.5	$0.01	$33.5	$0.92	$0.10	$0.81
2022Detailed filing. Detailed filing data is available for this year.	$32.7	$0.00	$32.7	$0.01	$0.11	$0.09
2021Detailed filing. Detailed filing data is available for this year.	$32.8	$0.00	$32.8	$0.02	$49.1	$49.0
2020Detailed filing. Detailed filing data is available for this year.	$81.8	$0.00	$81.8	$20.6	$274	$254
2019Summary only. Only limited summary data is available for this year.	$356	$20.5		$1.93	$0.28	$1.66
2018Detailed filing. Detailed filing data is available for this year.	$334	$0.00	$334	$334	$0.37	$334
2017Detailed filing. Detailed filing data is available for this year.	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
2015Detailed filing. Detailed filing data is available for this year.	$0.00	$0.00	$0.00	$0.01	$0.01	$0.00