Nonexempt Charitable Trust Treated As a Private Foundation
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return of Private Foundation OMB No 1545-0052 Form 990 -PF o^S ction 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 2 006 For calendar year 2006, or tax year beginning , 2006, and ending G Check all that apply: Initial return Final return Amended return Address change x Name change Name of foundation A Employer Identification number Use the IRS label. BILL & MELINDA GA TES FOUNDATION TRUST 91-1663695 Otherwise, Number and street (or P 0 box number if mail is not delivered to street address ) Room/suite B Telephone number (see page 11 of print the instructions) or type. See Specific 1551 EASTLAKE AVENUE EAST ( 206 ) 709-3100 City or town, state , and ZIP code C If exemption application is Instructions . pending, check here D 1 Foreign organizations , check here . ll^ EAT TLE WA 98102 2. Foreign organizations meeting the 85% test, check here and attach H Check type of org anization . x Section 501 ( c 3 exem Pt p rivate foundation aomputabon Section 4947 (a )( 1 ) nonexem pt chartable trust Other taxable private foundation E If private foundation status was terminated I Fair market value of all assets at end J Accounting method : L_J Cash J Accrual under section 507(b )( 1)(A), check here I q of year (from Part ll, col. (c), line Other (specify ) _____--_ F If the foundation is in a 60-month termination 16) ► $ 3 3 0 3 0 016 0 4 4 . (Part 1, column (d) must be on cash basis.) under section 507(b)( 1)(8), check here . 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) I Contnbuhons iSa, grants , etc , received ( attach schedule ) . 1 , 990 , 558 , 040. rf the foundation is not required to 2 Check attach Sch B 3 Interest on savings and temporary cash investments 7 3 8 151 67 9. 737 , 414 , 568. 4 Dividends and interest from securities •.. 299 , 882 , 381. 364 , 041 , 277. 5 a Gross rents . b Net rental income or (loss) o 6 a Net gain or (loss) from sale of assets not on line 10 1 , 296 , 574 , 921. b Gross sales price for all 58, 546,747,191. o assets on line 6a 7 Capital gain net income (from Part IV, line 2) 1_ 246,764 , 4 4 7. 8 Net short-term capital gain . • . • . 9 Income modifications . 10 a Gross sales less returns ` 4 and allowances - - No v b Less Cost of goods sold , c Gross profit or (loss) (attach schedule ) • --_ it 11 Other income (attach schedule) , , , , . -89 , 668 , 051. 8 5 6 9 8 6 81 . STMT 1 12 Total . Add lines 1 throu h11 • 4 , 235 , 498 , 970. 2 433 919 , 023. SEE ATTACHMENT B 13 Compensation of officers , directors, trustees , etc • • 1 965 , 683. 14 Other employee salaries and wages . • . • 31 , 079 , 540. FOR DETAIL 15 Pension plans , employee benefits 10 , 014 , 215. 16a Legal fees (attach schedule) . STMT • 2 2 , 260 , 451. NONE NONE W b Accounting fees (attach schedule) STMT • 172 297. NONE NONE c Other professional fees (attach sch6W • 4 142 , 400 , 535. 53 1 772 , 245. 1 17 Interest . y 18 Taxes (attach schedule ) ( see page 14 of the instructions )* 49 , 616 , 0 5 6 7 .E 19 Depreciation (attach schedule ) and depletion 7 , 449 , 597 %, -0 20 Occupancy • , • . • . • . • • . 6 7 5 0 8 8 4 =3 4 21 Travel , conferences , and meetings . ... 13 2 91 785 22 Printing and publications . 1 170 , 655 23 Other expenses (attach schedule ) STJ'4T. 6 20 , 100 , 100 0 24 Total operating and administrative expenses. O CL Add lines 13 through 23 . 2 8 6 2 71 798 Z 25 Contributions , gifts, grants paid . 2 932 , 772 , 281 01 - 26 Total ex penses and disbursements . Add lines 24 and 25 3 , 219 , 044 , 079 50.908. 27 Subtract line 26 from line 12 a Excess of revenue over expenses and disbursements • • 1 , 016 f 454 , 891 b Net investment income (if negative , enter -0-) c Adj usted net income (if negative , enter -0-). For Privacy Act and Paperwork Reduction Act Notice, see the instructions **STMT 5 Form 990-PF (2006) JSA 6E1410 3 000 k Form 990-PF ( 2006 ) 91 -1 E. 9 5 Pace 2 Attached schedulesand amounts in the Beginning of year End of year DIM Balance Sh eets description column should be for end-of-year amounts only (See instructions ) (a) Book Value (b) Book Value (c) Fair Market Value I Cash - non-interest-bearing ....... .. ... .. .. 2 6 4 4 9 0. 242 , 329. 242 , 329 . 2 Savings and temporary cash investments .. ... .. .. 3 8 8 9 0 2 9 01 . 1 , 096 , 966 , 276. 1 , 096 , 966 , 276. 3 Accounts receivable 11111 2 10 3 63L856_ Less- allowance for doubtful accounts 2 2 3 112 3 2 8. 210 , 363 , 856. 210 3 63 , 8 5 6. ► - - - - - - - - - - - - - 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 16 of the instructions) 7 Other notes and loans receivable (attach schedule ) ► _ _ _ _ _ Less allowance for doubtful accounts ► _ _ _ _ _ _ _ _ _ _ _ 8 Inventories for sale or use U) 9 Prepaid expenses and deferred charges . 5 5 9 0 31 . 1 , 024 , 155. 1 , 02-4 , 155. Q 10 a Investments - U S and state government obligations (attach schedule) 2 912 0 4 3 610. 192 , 920 , 493. 192 , 920 , 493 b Investments - corporate stock (attach schedule ) . ,S TfVT 8, , 9 4 5 8 8 2 9 518. 13 , 3 8 9 8 6 0 9 6 2. 13 , 3 8 9 8 6 0 9 62 . c Investments - corporate bonds (attach schedule ) . S Thfl .9. , 4 6 41 22 8 311. 3 , 107 , 195 , 392. 3 107 , 195 , 392. 11 Investments - land, buildings, ► and equipment basis _ __________________ Less accumulated depreciation (attach schedule ) ►------------------- 12 Investments - mortgage loans . 13 Investments - other (attach schedule ) , , , , , , ^TMT 10. 11 501 221 362. 15 , 010 , 065 , 667. 15 , 010 065 667. 14 Land , buildings, and equipment . basis 57L476L125• Less accumulated depreciation ► (attach schedule ) _ _ _ _ _ _ _ _ _ 4 4 7 9 6 912. 4 , 906 , 304. 2 , 679 , 213. 2 , 679 , 213 . 15 Otherassets (describe ► _____________ STMT _ 11) 2 , 440 , 974. 8 697 , 701. 8 , 697 , 701 . 16 Total assets (to be completed by all filers - see page 17 of the instructions Also, see page 1, item 1) . 29 , 153 , 508 , 829. 33030 016 044. 33 , 030 , 016 , 044. 17 Accounts payable and accrued expenses , , , , , , , , , , , .23 , 519 0 3 8 . 3 3 13 9 4 3 2 . 18 Grants payable 96 441 489. 3 , 390 , 458 747. m 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 26 831 635. 42 241 681. 23 Total liabilities (add lines 17 through 22) 2 , 146 , 792 , 162. 3 , 465 , 839 , 860. Organizations that follow SFAS 117 , check here ► and complete lines 24 through 26 and lines 30 and 31. U) 24 Unrestricted ....... .. .. .. ... ... .. .... 2 7 0 0 6 716 6 6 7. 2 9 5 6 4 17 6 18 4. V C 25 Temporarily restricted . m 26 Permanently restricted . Organizations that do not follow SFAS 117, q 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 18 of the Z instructions ),,,,,,,,,,,,,,,,,,,,,,,,, . 27 , 006 , 716 , 667. 29 , 564 , 176 , 184. 31 Total liabilities and net assets/fund balances (see page 18 of the instructions ) . 29 153 508 829. 33 030 016 044. rM- Anal sis of Chan 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 27 , 0 0 6 716 6 6 7 . 2 Enter amount from Part I, line 27a ...................................... 2 1 , 016 , 454 , 891. 3 Other increases not included in line 2 (itemize ) SEE STATEMENT 13 3 1 541 004 626 . ►------------------------------------- 4 Add lines 1 , 2,and3 4 29 , 564 , 176 , 184. 5 Decreases not included in line 2 (itemize ) ^ ► _ ^ _ __ . _^ ___ 5 6 Total net assets or fund balances at end of year (line 4 minus line 5) - Part II, column (b), line 30 6 29 , 564 17 6 184 . JSA **STMT 7 Form 990-PF (2006) 6E1420 3 000 Form 990-PF (2006 ) Page 3 Capital Gains and Losses for Tax on Investment Income (c) Date r ()(a) List and describe the kinds() of property sold (a g real estate , acquired acquired d) Date sold -P rchase mo day, yr ) 2-story buck warehouse , or common stock, 200 shs MLC Co) (mo , day , yr) o-PDo 1a SEE PART IV SCHEDULE AND ATTACHMENT L 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 ing gain in column (h ) and owned by the foundation on 12/31 /69 (I) Gains (Col (h) gain minus Adjusted basis (k) Excess of col (I) col (k), but not less than -0-) or F M V as of 12/31/69 G) () as of 12/31/69 over col 0), 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 , 2 4 6 7 64 4 97 .