Form 990 PF 00013
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OMB No 1545-0052 _ 0 Return of Private Foundation* Form 990 PF or Section 4947(a)(1) Trust Treated as Private Foundation Do not enter Social Security numbers on this form as it may be made public. 00013 Department of the Treasury ► - Internal Revenue service ► Information about Form 990-PF and its separate instructions is at www.irs.gov/fom For ealandar year 2013 or tax year beainnina - 2013 and ending 20 Name of foundation A Employer Identification number PACIFICORP FOUNDATION 94-3089826 Number and street (or P 0 box number if mail is not delivered to street address ) Room/suite B Telephone number (see instructions) (503) 813-7219 825 NE MULTNOMAH STREET 2000 City or town, state or province , country, and ZIP or foreign postal code q C If exemption application is ► pending. check here . PORTLAND, OR 97232 G Check all that apply Initial return Initial return of a former public charity p El 1 Foreign organ eations , check here . ► Final return Amended return 2 Foreign organizations meeting the comtest, check here and attach Address chang e Name change omputaton . ► El H Check type of organization Section 501 ( cn exempt private foundation LXJ E If private foundation status was terminated Section 4947 ( a )( 1 ) nonexem pt charitable trust Other taxable p rivate foundation under section 507(b)(1)(A), check here . ► O Fair market value of all assets at J Accounting method Cash X Accrual F If the foundati on is in a 60- month termination e end of year (from Part II, col (c), line Other ( specify) --- --- - - ------ - ------- under section 507(b)(1)(B), check here • C El 45,630,022. ( 16) ► $ Part I, column (d) must be on cash basis ) (d) Disbursements Analysis of Revenue and Expenses (The (a) Revenue and (b) Net Investment (c) Adjusted net for charitable total of amounts in columns (b), (c), and (d) expenses per may not necessanly equal the amounts in income purposes bookks column (a) (see instructions ( cash basis only) I Contribution s i ts. grants , etc. received (attach schedule) tti hefoundBlon is not required to 2 Check ► 3 Interest on savings and temporary cash Investments 5,729. 5,729. 4 Dividends and interest from securities 1, 008, 348. 1, 008, 348. 5a Gross rents . b Net rental income or (loss) e 6a Net gain or ( loss) from sale of assets not on line 10 2,489,412. a b Gross sales price for all 8 535 028. Q assets on line 6a ' ' 8I^ rrte^f^om Part IV, Ilne 2) . 2,489,412. 9 Income modifications • N. 10a Gross sales less returns bN aIdi Ois d td1 Less Grass_pcef toe(loss schedule) 110(% @CmNe a tTch schddule) ATCH . 1 , 5,364. 5,585. L 11-2--total-. Add lines 1 throu gh 11 3, 508, 853. 3,509,074. 13 Compensation of officers , directors , trustees, etc , , 155,911. 16,376. 139,535 18,515. 7 , 211. 11,304 U) 14 Other employee salaries and wages . m W 15 Pension plans, employee benefits . 16a Legal fees (attach schedule) , X W b Accounting fees ( attach schedule) , , c Other professional fees (attach schedule). * 72, 410. 62, 620. 9, 790 `.° 17 Interest . ATCH 3 73. 73. c 18 Taxes (attach schedule) (see msaucbons)ATCH . 4 . 51,244. 15f 544. 1f200 E 19 Depreciation ( attach schedule ) and depletion. 20 Occupancy . 21 Travel , conferences , and meetings . 794. 794 10 22 Printing and publications , , , . 325. 325 23 Other expenses (attach schedule)ATCH .5. 46,752. 15,756. 30, 996 24 Total operating and administrative expenses. D 117, 944 a Add lines 13 through 23 . 346, 024. 580. 193, 25 Contributions , gifts, grants paid . , • 1, 369, 528. 1,529,528 26 Totals sesanddisbursements Add lines 24 and 25 1, 715, 552. 117, 580. 1,723, 472 27 Subtract line 26 from line 12 a Excess of revenue over expenses and disbursements 1 , 7 9 3 , 3 01 . b Net investment income ( if negative , enter -0-) 3,391,494. 1 c Ad j usted net income ( if negative, enter -0-) . .fsA For Paperwork Reduction Act Notice , see instructions . *A'1'CH 2 Form 990-PF (2013) 3E14101000 91848W 748C 10/27/2014 5:35:03 PM V 13-7.1F PPWFOUN PAGE 1 Form 990-PF (2013) PA - ICORP FOUNDATION 0 94-3089826 Paget Attached schedules and amounts in the Beginning of year End of year Balance Sheets description col umn shou ld be for end-of-year amounts only (See instructions) (a) Book Value (b) Book Value (c) Fair Market Value 1 Cash - non-interest-bearing . .. 115,540. 140,235. 140,235 2 Savings and temporary cash investments . 360,497. 186,770. 186,770 3 Accounts receivable 11, 850. ► ----------------------- Less allowance for doubtful 7,136. 11,850. 11, 8 5 0 accounts ► ------------- 4 Pledges receivable ► ------------------------ Less allowance for doubtful accounts ► _ _ _ _ _ _ _ _ _ _ _ _ 5 Grants receivable . 6 Receivables due from officers, directors, trustees, and other disqualified persons (attach schedule) (see instructions) , , , , 7 Other notes and loans receivable (attach schedule) ► _ _ _ _ allowance Less for doubtful accounts ► _ _ _ _ _ _ _ _ _ _ _ ,y 8 Inventories for sale or use . • .... •••..•...... 9 Prepaid expenses and deferred charges . , 10 a Investments - U S and state government obligations ( attach schedule). b Investments - corporate stock (attach schedule) ATCH 6 31f637,793. 37,521,142. 37,521,142 c Investments - corporate bonds (attach schedule). 11 Investments - land, buildings, ► and equipment basis ___________ _______ Less accumulated depreciation ► (attach schedule) --------- ---------- 12 Investments - mortgage loans . 13 Investments - other (attach schedule) . ATCH 7 7, 382, 827. 7, 770, 025. 7,770,025 14 Land, buildings, and ► equipment basis ------------------ Less accumulated depreciation ► (attach schedule) ------------------- 15 Other assets (describe ► ____________________ ) 16 Total assets (to be completed by all filers - see the instructions Also, see page 1, item I) .. 39, 503, 793. 45, 630, 022. 45, 630, 022 17 Accounts payable and accrued expenses , , , , , , _ , , , , 21,280. 18,112.. 18 Grants payable , , , , , , , , , , , , , , , , , , , , , , , 215, 000. 55,000. in 19 Deferred revenue , 20 Loans from officers , directors , trustees, and other disqualified persons ,0 21 Mortgages and other notes payable (attach schedule) . , 22 Other liabilities (describe ► -_---------_ ) 23 Total liabilities (add lines 17 through 22) . 236, 280. 73,112. Foundations that follow SFAS 117, check here. ► X and complete lines 24 through 26 and lines 30 and 31. 24 Unrestricted ............. .......... .. 39, 052, 513. 45,501,910* 25 Temporarily restncted . .. .. .. 215, 000. 55,000. 26 Permanently restricted . q 3 Foundations that do not follow SFAS 117, . ► check here and complete lines 27 through 31. 0 y 27 Capital stock, trust principal, or current funds , , , , , , UO 28 Paid -in or capital surplus , or land , bldg , and equipment fund , , , , , Q 29 Retained earnings , accumulated income , endowment , or other funds Z 30 Total net assets or fund balances (see instructions), 39,267,513. 45,556,910. Z 31 Total liabilities and net assets/fund balances (see instructions) .. .. ..................... 39, 503, 793. 45,630,022. E EERY-Analysis of Chang es in Net Assets or Fund Balances I Total net assets or fund balances at beginning of year - Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year's return).......... .. 1 39,267, 513 2 Enter amount from Part I, line 27a ................. .. .................. 2 1,793,301 3 Other increases not included in line 2 (itemize) ATCH 8 3 4,933,971 ►------------------------------------ 4 Add lines 1, 2, and 3 4 45, 994, 785 ATCH 9 437,875 5 Decreases not included in line 2 (itemize ) ► 5 6 Total net assets or fund balances at end of ear Ilne 4 minus Ilne 5 Part II column b , Ilne 30 .. 6 45, 556, 910 Form 990-PF (2013) JSA 3E1420 1 000 91848W 748C 10/27/2014 5:35:03 PM V 13-7.1F PPWFOUN PAGE 2 PA•ICORP FOUNDATION 0 94-3089826 Form 990-PF (2013) Page 3 Ca ital Gains and Losses for Tax on Investment Income (a) List and describe the kind( s) of property sold (e g , real estate, acqu (c ) Date (d) sold acquired Date brick ( mo , day, yr ) 2-story warehouse , or common stock, 200 shs MLC Co)) D - Donabon ( mo, day, yr ) 1a SEE PART IV SCHEDULE b c d e Depreciation allowed (g) Cost or other basis (h) Gain or (loss) (e) Gross sales price (f) (or allowable) plus expense of sale (e) plus (f) minus (g) a b c d e Com plete onl y for assets showin g gain in column ( h ) and owned by the foundation on 12/31/69 (I) Gains (Cot (h) gain minus Adjusted basis ( k) Excess of col (1) col less th an -0-) or (i) F M V as of 12/31/69 (7) as of 12 /31/69 over col q), if any (k),Lossesbut not(from col a b c d e If gain , also enter in Part I, line 7 2 Capital gain net income or ( net capital loss) { If (loss ), enter -0- in Part I , line 7 } 2 2,489,412. 3 Net short-term capital gain or (loss ) as defined in sections 1222(5) and (6) If gain , also enter in Part I, line 8 , column (c) (see instructions ) If (loss), enter -0- in l Part I, line 8 J 3 0 Qualification Under Section 4940 (e) for Reduced Tax on Net Investment Income (For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income ) If section 4940(d)(2) applies, leave this part blank Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base penod' q Yes No If "Yes," the foundation does not qualify under section 4940(e) Do not complete this part i triter the a pp ro p riate amount in eacn column ror eacn year , see the instructions oerore malcln any entnes Base period years Distribution ratio Adjusted ual (b n distributions Net value of nonchanlable use assets Calendar year (or tax year beginning in) 4 ^ 9 (col ( b) divided by col (t)) 2012 1,748,460.