l efile GRAPHIC p rint - DO NOT PROCESS As Filed Data - DLN: 93491310000404 Return of Private Foundation OMB No 1545-0052 Form 990 -PF or Section 4947 ( a)(1) Trust Treated as Private Foundation 0- Do not enter Social Security numbers on this form as it may be made public. By law, the 2013 IRS cannot redact the information on the form. Department of the Treasury 0- Information about Form 990-PF and its instructions is at www. irs.gov /form990pf . Internal Revenue Service For calendar year 2013 , or tax year beginning 01 - 01-2013 , and ending 12-31-2013 Name of foundation A Employer identification number BILL & MELINDA GATES FOUNDATION 56-2618866 Number and street (or P 0 box number if mail is not delivered to street address) Room/suite U 1eiepnone number (see instructions) PO BOX 23350 (206) 709-3100 City or town, state or province, country, and ZIP or foreign postal code C If exemption application is pending, check here F SEATTLE, WA 98102 G Check all that apply r'Initial return r'Initial return of a former public charity D 1. Foreign organizations, check here F r-Final return r'Amended return 2. Foreign organizations meeting the 85% test, r Address change r'Name change check here and attach computation E If private foundation status was terminated H Check type of organization Section 501(c)(3) exempt private foundation und er section 507 ( b )( 1 )( A ), c hec k here F_ Section 4947(a)(1) nonexempt charitable trust r'Other taxable private foundation I Fair market value of all assets at end J Accounting method F Cash F Accrual F If the foundation is in a 60-month termination of year (from Part II, col. (c), r Other (specify) under section 507(b)(1)(B), check here 0- F line 41,310,207,525 (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) may not expenses per income income purposes necessanly equal the amounts in column (a) (see books instructions) ) (cash basis only) 1 Contributions, gifts, grants, etc , received (attach 4,115,412,226 schedule) 2 Check ► fl if the foundation is not required to attach Sch B 3 Interest on savings and temporary cash investments 11,775 11,775 4 Dividends and interest from securities. 5a Gross rents . b Net rental income or (loss) q} 6a Net gain or (loss) from sale of assets not on line 10 b Gross sales price for all assets on line 6a 75 7 Capital gain net income (from Part IV, line 2) 0 8 Net short-term capital gain . 9 Income modifications . 10a Gross sales less returns and allowances b Less Cost of goods sold . c Gross profit or (loss) (attach schedule) . 11 Other income (attach schedule) . 2,189,801 2,356,096 12 Total . Add lines 1 through 11 . 4,117,613,802 2,367,871 13 Compensation of officers, directors, trustees, etc 6,637,341 0 6,545,542 14 Other employee salaries and wages . 177,496,878 0 175,041,998 15 Pension plans, employee benefits . 59,407,020 0 57,367,002 r_ 16a Legal fees (attach schedule) . 1,809,472 93,635 1,665,934 b Accounting fees (attach schedule) . 969,852 0 814,003 W c Other professional fees (attach schedule) . 95 412,399,810 256,232 393,412,140 17 Interest qu 18 Taxes (attach schedule) (see instructions) 645,003 585,606 43,458 19 Depreciation (attach schedule) and depletion . 36,381,939 0 20 Occupancy . 9,802,532 0 9,818,431 21 Travel, conferences, and meetings . 75,003,050 0 76,227,440 22 Printing and publications . 1,833,224 0 1,874,924 23 Other expenses (attach schedule) . 33,429,326 7,090 32,674,322 +s 24 Total operating and administrative expenses. Add lines 13 through 23 . 815,815,447 942,563 755,485,194 25 Contributions, gifts, grants paid . 3,392,343,410 3,320,725,374 26 Total expenses and disbursements . Add lines 24 and 4,208,158,857 942,563 4,076,210,568 25 27 Subtract line 26 from line 12 a Excess of revenue over expenses and disbursements -90,545,055 b Net investment income (if negative, enter -0-) 1,425,308 c Adjusted net income (if negative, enter -0-) . For Paperwork Reduction Act Notice, see instructions . Cat No 11289X Form 990-PF (2013) Form 990-PF (2013) Panes 2 Attached schedules and amounts in the description column Beginning of year End of year Balance Sheets should be for end-of- y ear amounts onl y (See instructions (a) Boo k Va l ue ( b ) Boo k Va l ue ( c) Fair M ark et Va l ue 1 Cash-non - interest-bearing . 842,483 1,618,991 1,618,991 2 Savings and temporary cash investments . 4,155,472 16,465,705 16,465,705 3 Accounts receivable Ilk, 1,524,864 Less allowance for doubtful accounts Oil 1,314,741 1,524,864 1,524,864 4 Pledges receivable Ilk, 13,972 Less allowance for doubtful accounts Oil 96,600 13 ,972 13,972 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) Less allowance for doubtful accounts ► 8 Inventories for sale or use . 9 Prepaid expenses and deferred charges . 9,364,638 10,444,211 10,444,211 uti 4 10a Investments-U S and state government obligations ( attach schedule) b Investments - corporate stock ( attach schedule ) . c Investments-corporate bonds ( attach schedule ). 60,247,909 11 Investments - land, buildings, and equipment basis ► Less accumulated depreciation ( attach schedule ) 60,247,909 60,247,909 60,247,909 12 Investments - mortgage loans . 13 Investments-other (attach schedule ) . 36,371,336, 350 40,472,653,770 40,472,653,770 751,462,180 14 Land, buildings , and equipment basis ► Less accumulated depreciation ( attach schedule ) 119,063,522 653,557,391 632,398,658 632,398,658 15 Other assets ( describe Ilk- ) 75,860,854 114,839,445 114,839,445 16 Total assets ( to be completed by all filers-see the instructions Also, see page 1, item I) 37,176,776,438 41,310,207,525 41,310,207,525 17 Accounts payable and accrued expenses . 114,571,313 205,145,406 18 Grants payable . 5,111,592,355 5,143,676,984 19 Deferred revenue . +' 20 Loans from officers, directors , trustees , and other disqualified persons 21 Mortgages and other notes payable (attach schedule) J 22 Other liabilities ( describe Oil 23 Total liabilities ( add lines 17 through 22) 5,226,163,668 5,348,822,390 Foundations that follow SFAS 117, check here F and complete lines 24 through 26 and lines 30 and 31. Q} 24 U nrestricted . 31,950,612,770 35,961,385,135 25 Temporarily restricted 26 Permanently restricted co Foundations that do not follow SFAS 117, check here ► F- and complete lines 27 through 31. u_ 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 w1 30 Total net assets or fund balances ( see page 17 of the instructions) . 31,950,612,770 35,961,385,135 Z 31 Total liabilities and net assets/ fund balances ( see page 17 of the instructions ) . 37,176,776,438 41,310,207,525 UMM 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 31,950,612,770 2 Enter amount from Part I, line 27a . 2 -90,545,055 3 4,101,317,420 3 Other increases not included in line 2 (itemize) ► S 4 Add lines 1, 2, and 3 . 4 35,961,385,135 5 0 5 Decreases not included in line 2 (itemize) ► 6 Total net assets or fund balances at end of year (line 4 minus line 5)-Part II, column (b), line 30 6 35,961,385,135 Form 990-PF (2013) Form 990-PF (2013) Page 3 Ca ital Gains and Losses for Tax on Investment Income (b) How acquired (a) List and describe the kind(s) of property sold (e g , real estate, (c) Date acquired (d) Date sold P-Purchase 2-story brick warehouse, or common stock, 200 shs MLC Co (mo , day, yr (mo , day, yr D-Donation la (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 (I) 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 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 Part I, line 8 3 t1 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 ) f 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 period? 1 Yes F No If "Yes," the foundation does not qualify under section 4940 ( e) Do not complete this part 1 Enter the appropriate amount in each column for each year, see page 18 of the instructions before making any entries (d) Base period years Calendar Distribution ratio Adjusted qualifying distributions Net value of noncharitable-use assets year (or tax year beginning in) (col (b) divided by col (c)) 2012 3,896,895,804 51,748,558 75 304433 2011 3,963,843,755 82,505,830 48 043196 2010 3,196,164,408 81,809,328 39 068459 2009 3,652,951,115 82,741,595 44 148909 2008 3,308,451,241 80,042,023 41 333928 2 Total of line 1, column (d) .