Attach to the Corporation's Tax Return. Name Employer Identification Number BILL & MELINDA GATES FOUNDATION TRUST 91-1663695
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Return of Private Foundation OMB No. 1545-0052 Form 990-PF or Section 4947(a)(1) Nonexempt Charitable Trust Department of the Treasury Treated as a Private Foundation Internal Revenue Service Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements. For calendar year 2010, or tax year beginning , 2010, and ending , 20 G Check all that apply: Initial return Initial return of a former public charity Final return Amended return Address change Name change Name of foundation A Employer identification number BILL & MELINDA GATES FOUNDATION TRUST 91-1663695 Number and street (or P.O. box number if mail is not delivered to street address) Room/suite B Telephone number (see page 10 of the instructions) PO BOX 23350 (206) 709-3100 City or town, state, and ZIP code C If exemption application is pending, check here D 1. Foreign organizations, check here SEATTLE, WA 98102 2. Foreign organizations meeting the X 85% test, check here and attach H Check type of organization: Section 501(c)(3) exempt private foundation computation Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation E If private foundation status was terminated I Fair market value of all assets at end J Accounting method: CashX Accrual under section 507(b)(1)(A), check here of year (from Part II, col. (c), line Other (specify) F If the foundation is in a 60-month termination 36,787,952,117. 16) $ (Part I, column (d) must be on cash basis.) under section 507(b)(1)(B), check here Part I Analysis of Revenue and Expenses (The (d) Disbursements total of amounts in columns (b), (c), and (d) (a) Revenue and (b) Net investment (c) Adjusted net for charitable may not necessarily equal the amounts in expenses per income income purposes books column (a) (see page 11 of the instructions).) (cash basis only) 1,666,057,517. 1 Contributions, gifts, grants, etc., received (attach schedule) if the foundation is not required to 2 Check attach Sch. B 3 Interest on savings and temporary cash investments 1,122,837. 1,122,837. 664,143,153. 688,632,253. 4 Dividends and interest from securities 5a Gross rents b Net rental income or (loss) 868,021,344. *** 6a Net gain or (loss) from sale of assets not on line 10 b Gross sales price for all 50,630,007,53750630007537. assets on line 6a 7 Capital gain net income (from Part IV, line 2) 1,861,525,462. Revenue 8 Net short-term capital gain 9 Income modifications 10 a Gross sales less returns and allowances b Less: Cost of goods sold c Gross profit or (loss) (attach schedule) ATCH 1 42,196,876. 31,481,829. 11 Other income (attach schedule) 12 Total. Add lines 1 through 11 3,241,541,727. 2,582,762,381. 0. 13 Compensation of officers, directors, trustees, etc. SEE ATTACHMENT A FOR COLUMN (D) 14 Other employee salaries and wages DETAIL 15 Pension plans, employee benefits 16 a Legal fees (attach schedule) ATCH 2 643,644. 23,478. 0. 0. b Accounting fees (attach schedule) ATCH 3 224,927. 224,927. 0. 0. * 53,131,639. 53,131,639. 0. 0. c Other professional fees (attach schedule) 17 Interest ** 63,056,138. 11,932,003. 0. 0. 18 Taxes (attach schedule) (see page 14 of the instructions) 19 Depreciation (attach schedule) and depletion 20 Occupancy 21 Travel, conferences, and meetings 22 Printing and publications 569. 569. 23 Other expenses (attach schedule) ATCH 6 5,016. 12,799,833. 0. 115. 24 Total operating and administrative expenses. Add lines 13 through 23 117,061,933. 78,111,880. 0. 684. Operating and Administrative Expenses 3,161,730,000. 1,875,000,000. 25 Contributions, gifts, grants paid 3,278,791,933. 78,111,880. 0. 1,875,000,684. 26 Total expenses and disbursements. Add lines 24 and 25 27 Subtract line 26 from line 12: a Excess of revenue over expenses and disbursements -37,250,206. b Net investment income (if negative, enter -0-) 2,504,650,501. c Adjusted net income (if negative, enter -0-) For Paperwork Reduction Act Notice, see page 30 of the instructions. *ATCH 4 JSA ** ATCH 5 Form 990-PF (2010) 0E1410 1.000 ***ATCH F FOR PUBLIC DISCLOSURE Form 990-PF (2010) 91-1663695 Page 2 Attached schedules and amounts in the Beginning of year End of year Part II Balance Sheets description column should be for end-of-year amounts only. (See instructions.) (a) Book Value (b) Book Value (c) Fair Market Value 1 Cash - non-interest-bearing 813,323. 813,323. 2 Savings and temporary cash investments 493,659,746. 3,408,603,869. 3,408,603,869. 3 Accounts receivable 102,544,363. Less: allowance for doubtful accounts 123,627,111. 102,544,363. 102,544,363. 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 page 15 of the instructions) 7 Other notes and loans receivable (attach schedule) Less: allowance for doubtful accounts 8 Inventories for sale or use 9 Prepaid expenses and deferred charges a ** 10,728,948,837. 5,146,159,895. 5,146,159,895. Assets 10 Investments - U.S. and state government obligations (attach schedule) b Investments - corporate stock (attach schedule) ATCH 8 14,887,415,025. 21,460,372,101. 21,460,372,101. c Investments - corporate bonds (attach schedule) ATCH 9 2,694,997,844. 2,092,666,439. 2,092,666,439. 11 Investments - land, buildings, and equipment: basis Less: accumulated depreciation (attach schedule) 12 Investments - mortgage loans 13 Investments - other (attach schedule) ATCH 10 4,569,536,596. 4,576,792,127. 4,576,792,127. 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) 33,498,185,159. 36,787,952,117. 36,787,952,117. 1,466,444. 2,695,809. 17 Accounts payable and accrued expenses 18 Grants payable 19 Deferred revenue 20 Loans from officers, directors, trustees, and other disqualified persons 21 Mortgages and other notes payable (attach schedule) Liabilities 22 Other liabilities (describe ATCH 11 ) 56,922,412. 65,048,366. 23 Total liabilities (add lines 17 through 22) 58,388,856. 67,744,175. X Foundations that follow SFAS 117, check here and complete lines 24 through 26 and lines 30 and 31. 33,439,796,303. 36,720,207,942. 24 Unrestricted 25 Temporarily restricted 26 Permanently restricted Foundations that do not follow SFAS 117, check here and complete lines 27 through 31. 27 Capital stock, trust principal, or current funds 28 Paid-in or capital surplus, or land, bldg., and equipment fund 29 Retained earnings, accumulated income, endowment, or other funds 30 Total net assets or fund balances (see page 17 of the 33,439,796,303. 36,720,207,942. Net Assets or Fund Balances instructions) 31 Total liabilities and net assets/fund balances (see page 17 of the instructions) 33,498,185,159. 36,787,952,117. Part III Analysis of Changes in Net Assets or Fund Balances 1 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 33,439,796,303. 2 Enter amount from Part I, line 27a 2 -37,250,206. 3 Other increases not included in line 2 (itemize) ATTACHMENT 12 3 3,317,661,845. 36,720,207,942. 4 Add lines 1, 2, and 3 4 5 Decreases not included in line 2 (itemize) 5 36,720,207,942. 6 Total net assets or fund balances at end of year (line 4 minus line 5) - Part II, column (b), line 30 6 **ATCH 7 Form 990-PF (2010) JSA 0E1420 1.000 FOR PUBLIC DISCLOSURE Form 990-PF (2010) 91-1663695 Page 3 Part IV Capital Gains and Losses for Tax on Investment Income (b) How (c) Date (a) List and describe the kind(s) of property sold (e.g., real estate, acquired acquired (d) Date sold P-Purchase (mo., day, yr.) 2-story brick warehouse; or common stock, 200 shs. MLC Co.) D-Donation (mo., day, yr.) 1a SEESEE ATTACHMENTPART IV SCHEDULE G b c d e (f) Depreciation allowed (g) Cost or other basis (h) Gain or (loss) (e) Gross sales price (or allowable)plus expense of sale (e) plus (f) minus (g) a b c d e Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus (j) Adjusted basis (k) Excess of col. (i) col. (k), but not less than -0-) or (i) F.M.V. as of 12/31/69 as of 12/31/69 over col. (j), if any Losses (from col. (h)) 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 1,861,525,462. 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 pages 13 and 17 of the instructions). If (loss), enter -0- in Part I, line 8 3 Part V 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.