Return of Private Foundation. or Section 4947(a)(1) Nonexempt Charitable Trust Treated as a Private Foundation

Transcription

1 For Return of Private Foundation 990-PF Departent of the Treasury Internal Revenue Service À¾ ½ Note: The foundation ay be able to use a copy of this return to satisfy state reporting requireents. For calendar year 2009, or tax year beginning G Check all that apply: Initial return Aended return, 2009, and ending Initial return of a forer public charity Address change Nae change Nae of foundation Use the IRS label. Otherwise, print or type. See Specific Instructions. OMB No or Section 4947(a)(1) Nonexept Charitable Trust Treated as a Private Foundation, 20 Final return A Eployer identification nuber BILL & MELINDA GATES FOUNDATION TRUST Nuber and street (or P.O. box nuber if ail is not delivered to street address) Roo/suite PO BOX B Telephone nuber (see page 10 of the instructions) (206 ) I I I I I City or town, state, and ZIP code C If exeption application is pending, check here D 1. Foreign organizations, check here SEATTLE, WA X Section 501(c)(3) exept private foundation 2. Foreign organizations eeting the 85% test, check here and attach coputation H Check type of organization: I Other taxable private foundation Section 4947(a)(1) nonexept charitable trust X Accrual Fair arket value of all assets at end J Accounting ethod: Cash of year (fro Part II, col. (c), line Other (specify) (Part I, colun (d) ust be on cash basis.) 16) $ 33,498,185,159. Part I Analysis of Revenue and Expenses (The E If private foundation status was terinated under section 507(b)(1)(A), check here I total of aounts in coluns (b), (c), and (d) ay not necessarily equal the aounts in colun (a) (see page 11 of the instructions).) (a) Revenue and expenses per books Contributions, gifts, grants, etc., received (attach schedule) 2 Check 3 if the foundation is not required to attach Sch. B Interest on savings and teporary cash investents 4 Dividends and interest fro securities under section 507(b)(1)(B), check here (b) Net investent incoe 1,633,304, ,138,31 I 241,180, F If the foundation is in a 60-onth terination (d) Disburseents for charitable purposes (cash basis only) (c) Adjusted net incoe 474,976, ,948,58 5 a Gross rents Revenue b Net rental incoe or (loss) 6 a Net gain or (loss) fro sale of assets not on line 10 b Gross sales price for all 51,320,823,102, *** 655,253,876. 1,187,234,98 32,666,829. 3,036,077. ATCH 1 3,037,543,803. 1,924,195,64 14, ,063. ATCH 2 227, , ,646, ,646,034. * 79,492,908. 9,522,652. ** ATCH ,163, ,380,48 70,573,037. 3,626,100,00 3,751,480,48 70,573,037. assets on line 6a 7 Capital gain net incoe (fro Part IV, line 2) 8 Net short-ter capital gain 9 Incoe odifications 10 a Gross sales less returns and allowances b Less: Cost of goods sold Operating and Adinistrative Expenses c Gross profit or (loss) (attach schedule) 11 Other incoe (attach schedule) 12 Total. Add lines 1 through Copensation of officers, directors, trustees, etc. 14 Other eployee salaries and wages 15 Pension plans, eployee benefits 16 a Legal fees (attach schedule) b Accounting fees (attach schedule) ATCH 3 c Other professional fees (attach schedule) 17 Interest 18 Taxes (attach schedule) (see page 14 of the instructions) 19 Depreciation (attach schedule) and depletion 20 Occupancy 21 Travel, conferences, and eetings 22 Printing and publications 23 Other expenses (attach schedule) 24 Total operating and adinistrative expenses. Add lines 13 through Contributions, gifts, grants paid 26 Total expenses and disburseents. Add lines 24 and 25 Subtract line 26 fro line 12: 27 a Excess of revenue over expenses and disburseents -713,936,677. 1,853,622,603. ATCH 4 ATCH 1 SEE ATTACHMENT A FOR DETAIL ,645,000,00 1,645,000,025. b Net investent incoe (if negative, enter -0-) c Adjusted net incoe (if negative, enter -0-) For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions. 9E ** ATCH 5 ***SEE ATTACHMENT F * JSA For 990-PF (2009)

2 For 990-PF (2009) Part II Balance Sheets 123,627,111. I I I I 1 Cash - non-interest-bearing 2 Savings and teporary cash investents 3 Accounts receivable Less: allowance for doubtful accounts Pledges receivable 4 Page Attached schedules and aounts in the description colun should be for end-of-year aounts only. (See instructions.) Beginning of year End of year (a) Book Value (b) Book Value (c) Fair Market Value 298,342, ,659, ,659, ,913, ,627, ,627,111. Less: allowance for doubtful accounts 5 Grants receivable 6 Receivables due fro officers, directors, trustees, and other disqualified persons (attach schedule) (see page 16 of the instructions) I I ** 6,105,751, ,728,948, ,530,725,049. ATCH 8 1,845,629, ,887,415,025. 2,694,997,844. ATCH 9 I I 7,707,068,011. 4,569,536,596. ATCH 10 I I 11 44,118,981. ATCH I 29,673,548, ,498,185, ,622. 1,466, ,563, ,922,412. IATCH 12 99,063,23 58,388,856. IX 29,574,485, ,439,796,303. I 29,574,485, ,439,796, ,673,548, ,498,185,159. Other notes and loans receivable (attach schedule) 7 Assets Less: allowance for doubtful accounts 8 Inventories for sale or use 9 Prepaid expenses and deferred charges 10 a Investents - U.S. and state governent obligations (attach schedule) b Investents - corporate stock (attach schedule) Liabilities 11 c Investents - corporate bonds (attach schedule) 10,728,948, ,887,415,025. 2,694,997,844. Investents - land, buildings, and equipent: basis Less: accuulated depreciation (attach schedule) Investents - ortgage loans 15 Other assets (describe 16 Total assets (to be copleted by all filers - see the instructions. Also, see page 1, ite I) 17 Accounts payable and accrued expenses 18 Grants payable 19 Deferred revenue 20 Loans fro officers, directors, trustees, and other disqualified persons 21 Mortgages and other notes payable (attach schedule) 22 Other liabilities (describe 23 Total liabilities (add lines 17 through 22) Investents - other (attach schedule) Land, buildings, and equipent: basis Less: accuulated depreciation (attach schedule) 4,569,536,596. ) 33,498,185,159. ) Net Assets or Fund Balances Foundations that follow SFAS 117, check here and coplete lines 24 through 26 and lines 30 and Unrestricted 25 Teporarily restricted 26 Peranently restricted Foundations that do not follow SFAS 117, check here and coplete lines 27 through Capital stock, trust principal, or current funds 28 Paid-in or capital surplus, or land, bldg., and equipent fund 29 Retained earnings, accuulated incoe, endowent, or other funds 30 Total net assets or fund balances (see page 17 of the 31 instructions) Total liabilities and net assets/fund balances (see page 17 of the instructions) Part III Analysis of Changes in Net Assets or Fund Balances 1 Total net assets or fund balances at beginning of year - Part II, colun (a), line 30 (ust agree with end-of-year figure reported on prior year's return) 2 Enter aount fro Part I, line 27a 3 Other increases not included in line 2 (iteize) ATTACHMENT 13 4 Add lines 1, 2, and 3 5 Decreases not included in line 2 (iteize) 6 Total net assets or fund balances at end of year (line 4 inus line 5) - Part II, colun (b), line 30 I I ** ATCH 7 JSA 9E ,574,485, ,936,677. 4,579,247, ,439,796, ,439,796,303. For 990-PF (2009)

3 For 990-PF (2009) Part IV Page Capital Gains and Losses for Tax on Investent Incoe (a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or coon stock, 200 shs. MLC Co.) (b) How acquired P-Purchase D-Donation (c) Date acquired (o., day, yr.) (d) Date sold (o., day, yr.) SEEATTACHMENT PART IV SCHEDULE G 1a SEE b c d e (e) Gross sales price (f) Depreciation allowed (or allowable) (g) Cost or other basis plus expense of sale (h) Gain or (loss) (e) plus (f) inus (g) a b c d e Coplete only for assets showing gain in colun (h) and owned by the foundation on 12/31/69 (i) F.M.V. as of 12/31/69 (j) Adjusted basis as of 12/31/69 a b c d e (l) Gains (Col. (h) gain inus col. (k), but not less than -0-) or Losses (fro col. (h)) (k) Excess of col. (i) over col. (j), if any $ If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7 3 Net short-ter capital gain or (loss) as defined in sections 1222(5) and (6): If gain, also enter in Part I, line 8, colun (c) (see pages 13 and 17 of the instructions). If (loss), enter -0- in Part I, line 8 & & Qualification Under Section 4940(e) for Reduced Tax on Net Investent Incoe 2 Capital gain net incoe or (net capital loss) Part V 2 1,187,234,98 3 (For optional use by doestic private foundations subject to the section 4940(a) tax on net investent incoe.) If section 4940(d)(2) applies, leave this part blank. Was the foundation liable for the section 4942 tax on the distributable aount of any year in the base period? If "Yes," the foundation does not qualify under section 4940(e). Do not coplete this part. 1 Enter the appropriate aount in each colun for each year; see page 18 of the instructions before aking any entries. (a) Base period years Calendar year (or tax year beginning in) (b) Adjusted qualifying distributions 1,831,099,239. 1,849,979,137. 1,709,461,27 1,461,862,867. 1,327,665,251. Yes X No (d) Distribution ratio (col. (b) divided by col. (c)) (c) Net value of noncharitable-use assets 34,623,298, ,977,438, ,300,176, ,171,199, ,522,795, Total of line 1, colun (d) Average distribution ratio for the 5-year base period - divide the total on line 2 by 5, or by the nuber of years the foundation has been in existence if less than 5 years Enter the net value of noncharitable-use assets for 2009 fro Part X, line ,353,912, Multiply line 4 by line 3 5 1,603,566, Enter 1% of net investent incoe (1% of Part I, line 27b) 6 18,536, Add lines 5 and 6 7 1,622,103, ,645,000,025. Enter qualifying distributions fro Part XII, line 4 8 If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and coplete that part using a 1% tax rate. See the Part VI instructions on page JSA 9E For 990-PF (2009)

4 For 990-PF (2009) Part VI Page Excise Tax Based on Investent Incoe (Section 4940(a), 4940(b), 4940(e), or see page 18 of the instructions) 7 * X 8 I 9 17,811,55 9,650,00 X I I 8,925,324. I I Part VII-A Stateents Regarding Activities I 1a Exept operating foundations described in section 4940(d)(2), check here Date of ruling or deterination letter: and enter "N/A" on line 1. (attach copy of ruling letter if necessary - see instructions) b Doestic foundations that eet the section 4940(e) requireents in Part V, check here 1 18,536,226. and enter 1% of Part I, line 27b c All other doestic foundations enter 2% of line 27b. Exept foreign organizations enter 4% of Part I, line 12, col. (b) 2 Tax under section 511 (doestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 3 Add lines 1 and Subtitle A (incoe) tax (doestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 5 Tax based on investent incoe. Subtract line 4 fro line 3. If zero or less, enter ,536, ,536, Credits/Payents: 7 27,461,55 a 2009 estiated tax payents and 2008 overpayent credited to a b Exept foreign organizations-tax withheld at source 6b c Tax paid with application for extension of tie to file (For 8868) 6c d Backup withholding erroneously withheld 6d 7 Total credits and payents. Add lines 6a through 6d 8 Enter any penalty for underpayent of estiated tax. Check here 9 Tax due. If the total of lines 5 and 8 is ore than line 7, enter if For 2220 is attached aount owed Overpayent. If line 7 is ore than the total of lines 5 and 8, enter the Enter the aount of line 10 to be: Credited to 2010 estiated tax a 8 9 aount overpaid 10 Refunded 8,925, During the tax year, did the foundation attept to influence any national, state, or local legislation or did it participate or intervene in any political capaign? Yes No 1a X 1b X b Did it spend ore than $100 during the year (either directly or indirectly) for political purposes (see page 19 of the instructions for definition)? If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any aterials published or distributed by the foundation in connection with the activities. I 1c X X c Did the foundation file For 1120-POL for this year? d Enter the aount (if any) of tax on political expenditures (section 4955) iposed during the year: (1) On the foundation. I $ (2) On foundation anagers. $ e Enter the reiburseent (if any) paid by the foundation during the year for political expenditure tax iposed on foundation anagers. I $ Has the foundation engaged in any activities that have not previously been reported to the IRS? 2 If "Yes," attach a detailed description of the activities. 2 Has the foundation ade any changes, not previously reported to the IRS, in its governing instruent, articles of 3 4a 3 Did the foundation have unrelated business gross incoe of $1,000 or ore during the year? 4a b If "Yes," has it filed a tax return on For 990-T for this year? 4b Was there a liquidation, terination, dissolution, or substantial contraction during the year? 5 X incorporation, or bylaws, or other siilar instruents? If "Yes," attach a confored copy of the changes X X X 5 If "Yes," attach the stateent required by General Instruction T. Are the requireents of section 508(e) (relating to sections 4941 through 4945) satisfied either: 6 % % By language in the governing instruent, or By state legislation that effectively aends the governing instruent so that no andatory directions that conflict with the state law reain in the governing instruent? Did the foundation have at least $5,000 in assets at any tie during the year? 8a Enter the states to which instructions) I the foundation reports or with X X 6 7 which If "Yes," coplete Part II, col. (c), and Part XV. 7 it is registered (see page 19 of the WASHINGTON, CALIFORNIA b If the answer is "Yes" to line 7, has the foundation furnished a copy of For 990-PF to the Attorney General (or designate) of each state as required by General Instruction G? If "No," attach explanation 9 8b X Is the foundation claiing status as a private operating foundation within the eaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2009 or the taxable year beginning in 2009 (see instructions for Part XIV on page 27)? If "Yes," coplete Part XIV 10 Did any persons becoe substantial contributors naes and addresses X 9 during the tax year? If "Yes," attach a schedule listing their 10 For JSA 9E X 990-PF (2009)

5 For 990-PF (2009) Part VII-A Page Stateents Regarding Activities (continued) 11 At any tie during the year, did the foundation, directly or indirectly, own a controlled entity within the X X X I GWEN SHERMAN I I EASTLAKE AVENUE EAST, SEATTLE, WA I I I I Stateents Regarding Activities for Which For 4720 May Be Required eaning of section 512(b)(13)? If "Yes," attach schedule (see page 20 of the instructions) Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008? Did the foundation coply with the public inspection requireents for its annual returns and exeption application? 13 Website address 14 The books are in care of Located at Telephone no. ZIP Section 4947(a)(1) nonexept charitable trusts filing For 990-PF in lieu of For Check here and enter the aount of tax-exept interest received or accrued during the year Part VII-B 15 Yes No File For 4720 if any ite is checked in the "Yes" colun, unless an exception applies. 1a During the year did the foundation (either directly or indirectly): X (1) Engage in the sale or exchange, or leasing of property with a disqualified person? Yes X No Yes X No (2) Borrow oney fro, lend oney to, or otherwise extend credit to (or accept it fro) a disqualified person? (3) Furnish goods, services, or facilities to (or accept the fro) a disqualified person? Yes (4) Pay copensation to, or pay or reiburse the expenses of, a disqualified person? Yes X No Yes X No Yes X No No (5) Transfer any incoe or assets to a disqualified person (or ake any of either available for the benefit or use of a disqualified person)? (6) Agree to pay oney or property to a governent official? ( Exception. Check "No" if the foundation agreed to ake a grant to or to eploy the official for a period after terination of governent service, if terinating within 90 days.) b If any answer is "Yes" to 1a(1)-(6), did any of the acts fail to qualify under the exceptions described in Regulations I section (d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)? 1b X 1c X Organizations relying on a current notice regarding disaster assistance check here c Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts, that were not corrected before the first day of the tax year beginning in 2009? 2 Taxes on failure to distribute incoe (section 4942) (does not apply for years the foundation was a private operating foundation defined in section 4942(j)(3) or 4942(j)(5)): a At the end of tax year 2009, did the foundation have any undistributed incoe (lines 6d and 6e, Part XIII) for tax year(s) beginning before 2009? If "Yes," list the years, I, b Are there any years listed in 2a for which the foundation is Yes X No, not applying the provisions of section 4942(a)(2) (relating to incorrect valuation of assets) to the year's undistributed incoe? (If applying section 4942(a)(2) to all years listed, answer "No" and attach stateent - see page 20 of the instructions.) 2b c If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.,,, I 3a Did the foundation hold ore than a 2% direct or indirect interest in any business enterprise at any tie during the year? X Yes No b If "Yes," did it have excess business holdings in 2009 as a result of (1) any purchase by the foundation or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved by the Coissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3) the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, For 4720, to deterine if the foundation had excess business holdings in 2009.) 4a X X 4b X 3b 4a Did the foundation invest during the year any aount in a anner that would jeopardize its charitable purposes? b Did the foundation ake any investent in a prior year (but after Deceber 31, 1969) that could jeopardize its charitable purpose that had not been reoved fro jeopardy before the first day of the tax year beginning in 2009? For JSA 9E PF (2009)

6 For 990-PF (2009) Part VII-B Page Stateents Regarding Activities for Which For 4720 May Be Required (continued) 5 a During the year did the foundation pay or incur any aount to: (1) Carry on propaganda, or otherwise attept to influence legislation (section 4945(e))? Yes X No Yes X X No (2) Influence the outcoe of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? (3) Provide a grant to an individual for travel, study, or other siilar purposes? Yes No (4) Provide a grant to an organization other than a charitable, etc., organization described in X section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions) Yes No (5) Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or anials? Yes X No b If any answer is "Yes" to 5a(1)-(5), did any of the transactions fail to qualify under the exceptions described in Regulations section or in a current notice regarding disaster assistance (see page 22 of the instructions)? I ATTACHMENT 14 X 5b X Organizations relying on a current notice regarding disaster assistance check here c If the answer is "Yes" to question 5a(4), does the foundation clai exeption fro the tax because it aintained expenditure responsibility for the grant? Yes No If "Yes," attach the stateent required by Regulations section (d). 6 a Did the foundation, during the year, receive any funds, directly or indirectly, to pay preius X X Inforation About Officers, Directors, Trustees, Foundation Managers, Highly Paid Eployees, on a personal benefit contract? b Did the foundation, during the year, pay preius, directly or indirectly, on a personal benefit contract? If "Yes" to 6b, file For a At any tie during the tax year, was the foundation a party to a prohibited tax shelter transaction? b If yes, did the foundation receive any proceeds or have any net incoe attributable to the transaction? Part VIII 1 No 6b Yes X No 7b and Contractors List all officers, directors, trustees, foundation anagers and their copensation (see page 22 of the instructions). (a) Nae and address (b) Title, and average hours per week devoted to position (c) Copensation (If not paid, enter -0-) (d) Contributions to eployee benefit plans and deferred copensation ATTACHMENT 15 2 Yes (e) Expense account, other allowances Copensation of five highest-paid eployees (other than those included on line 1 - see page 23 of the instructions). If none, enter "NONE." (a) Nae and address of each eployee paid ore than $50,000 Total nuber of other eployees paid over $50,000 (b) Title, and average hours per week devoted to position (c) Copensation (d) Contributions to eployee benefit plans and deferred copensation (e) Expense account, other allowances INONE For JSA 9E PF (2009)

7 For 990-PF (2009) Part VIII Page Inforation About Officers, Directors, Trustees, Foundation Managers, Highly Paid Eployees, and Contractors (continued) 3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE." (a) Nae and address of each person paid ore than $50,000 (b) Type of service (c) Copensation 20,559,644. ATTACHMENT 16 Total nuber of others receiving over $50,000 for professional services Part IX-A I 24 Suary of Direct Charitable Activities List the foundation's four largest direct charitable activities during the tax year. Include relevant statistical inforation such as the nuber of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses 1 N/A Part IX-B Suary of Progra-Related Investents (see page 23 of the instructions) Describe the two largest progra-related investents ade by the foundation during the tax year on lines 1 and 2. Aount 1 NONE 2 All other progra-related investents. See page 24 of the instructions. 3 NONE Total. Add lines 1 through 3 I For JSA 9E PF (2009)

8 For 990-PF (2009) Part X Page Miniu Investent Return (All doestic foundations ust coplete this part. Foreign foundations, see page 24 of the instructions.) Fair arket value of assets not used (or held for use) directly in carrying out charitable, etc., purposes: 1a a Average onthly fair arket value of securities 1b b Average of onthly cash balances 1c c Fair arket value of all other assets (see page 24 of the instructions) 1d d Total (add lines 1a, b, and c) e Reduction claied for blockage or other factors reported on lines 1a and 1e 1c (attach detailed explanation) 2 Acquisition indebtedness applicable to line 1 assets 2 3 Subtract line 2 fro line 1d 3 4 Cash deeed held for charitable activities. Enter 1 1/2 % of line 3 (for greater aount, see page 25 of the instructions) 4 Net value of noncharitable-use assets. Subtract line 4 fro line 3. Enter here and on Part V, line Miniu investent return. Enter 5% of line Part XI Distributable Aount (see page 25 of the instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here and do not coplete this part.) 1 1 2a b c Miniu investent return fro Part X, line 6 2a Tax on investent incoe for 2009 fro Part VI, line 5 2b Incoe tax for (This does not include the tax fro Part VI.) Add lines 2a and 2b Distributable aount before adjustents. Subtract line 2c fro line 1 Recoveries of aounts treated as qualifying distributions Add lines 3 and 4 Deduction fro distributable aount (see page 25 of the instructions) Distributable aount as adjusted. Subtract line 6 fro line 5. Enter here and on Part XIII, line 1 Part XII 1 a b 2 3 a b I 18,536,226. NONE 29,311,907, ,298,685. 1,156,948, ,816,155, ,816,155, ,242, ,353,912,737. 1,517,695, ,517,695,637. 2c ,536,226. 1,499,159,411. 1,499,159, ,499,159,411. Qualifying Distributions(see page 25 of the instructions) Aounts paid (including adinistrative expenses) to accoplish charitable, etc., purposes: Expenses, contributions, gifts, etc. - total fro Part I, colun (d), line 26 Progra-related investents - total fro Part IX-B Aounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc., purposes Aounts set aside for specific charitable projects that satisfy the: Suitability test (prior IRS approval required) Cash distribution test (attach the required schedule) Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4 1a 1b 1,645,000, a 3b 4 1,645,000,025. Foundations that qualify under section 4940(e) for the reduced rate of tax on net investent incoe. 18,536,226. Enter 1% of Part I, line 27b (see page 26 of the instructions) 5 1,626,463,799. Adjusted qualifying distributions. Subtract line 5 fro line 4 6 Note: The aount on line 6 will be used in Part V, colun (b), in subsequent years when calculating whether the foundation qualifies for the section 4940(e) reduction of tax in those years. For JSA 9E PF (2009)

9 For 990-PF (2009) Part XIII Distributable aount for line 7 Page Undistributed Incoe (see page 26 of the instructions) fro Part XI, (a) Corpus (b) Years prior to 2008 (c) 2008 (d) ,499,159,411. Undistributed incoe, if any, as of the end of 2009: 2 a Enter aount for 2008 only b Total for prior years: 20, 20, 20 Excess distributions carryover, if any, to 2009: 3 a Fro 2004 b Fro 2005 c Fro 2006 d Fro 2007 e Fro 2008 f 33,452, ,077, ,718,89 177,148, ,735, ,133,68 Total of lines 3a through e Qualifying distributions for 2009 fro Part XII, 1,645,000,025. line 4: $ 4 I 145,840,614. a Applied to 2008, but not ore than line 2a b Applied to undistributed incoe of prior years (Election required - see page 26 of the instructions) c Treated as distributions out of corpus (Election required - see page 26 of the instructions) d Applied to 2009 distributable aount 1,499,159, e Reaining aount distributed out of corpus 5 Excess distributions carryover applied to 2009 (If an aount appears in colun (d), the sae aount ust be shown in colun (a).) 6 Enter the net total of each colun as indicated below: a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 802,974,294. b Prior years' undistributed incoe. Subtract line 4b fro line 2b c Enter the aount of prior years' undistributed incoe for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed d Subtract line 6c fro line 6b. Taxable aount - see page 27 of the instructions e Undistributed incoe for Subtract line 4a fro line 2a. Taxable aount - see page 27 of the instructions f Undistributed incoe for Subtract lines 4d and 5 fro line 1. This aount ust be distributed in 2010 Aounts treated as distributions out of corpus to satisfy requireents iposed by section 170(b)(1)(F) or 4942(g)(3) (see page 27 of the instructions) Excess distributions carryover fro 2004 not applied on line 5 or line 7 (see page 27 of the instructions) ,452, ,522, ,077, ,718,89 177,148, ,735, ,840,614. Excess distributions carryover to Subtract lines 7 and 8 fro line 6a 10 Analysis of line 9: a Excess fro 2005 b Excess fro 2006 c Excess fro 2007 d Excess fro 2008 e Excess fro 2009 JSA 9E For 990-PF (2009)

10 For 990-PF (2009) Part XIV 1a b 2a Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9) Page 10 NOT APPLICABLE If the foundation has received a ruling or deterination letter that it is a private operating foundation, and the ruling is effective for 2009, enter the date of the ruling I Check box to indicate whether the foundation is a private operating foundation described in section Enter the lesser of the adjusted net incoe fro Part I or the iniu investent return fro Part X for each year listed Tax year (a) (j)(3) or Prior 3 years (b) 2008 (c) 2007 (d) (j)(5) (e) Total b 85% of line 2a c Qualifying distributions fro Part XII, line 4 for each year listed d Aounts included in line 2c not used directly for active conduct of exept activities e Qualifying distributions ade directly for active conduct of exept activities. Subtract line 2d fro line 2c Coplete 3a, b, or c for the alternative test relied upon: 3 a "Assets" alternative test - enter: (1) (2) b Value of all assets Value of assets qualifying under section 4942(j)(3)(B)(i) "Endowent" alternative testenter 2/3 of iniu invest- ent return shown in Part X, line 6 for each year listed c "Support" alternative test - enter: (1) Total support other than gross investent incoe (interest, dividends, rents, payents on securities loans (section 512(a)(5)), or royalties) (2) Support fro general public and 5 or ore exept organizations as provided in section 4942 (j)(3)(b)(iii) (3) Largest aount of support fro an exept organization (4) Gross investent incoe Part XV Suppleentary Inforation (Coplete this part only if the foundation had $5,000 or ore in assets at any tie during the year - see page 28 of the instructions.) 1 Inforation Regarding Foundation Managers: a List any anagers of the foundation who have contributed ore than 2% of the total contributions received by the foundation before the close of any tax year (but only if they have contributed ore than $5,000). (See section 507(d)(2).) WILLIAM H. GATES, III b List any anagers of the foundation who own 10% or ore of the stock of a corporation (or an equally large portion of the ownership of a partnership or other entity) of which the foundation has a 10% or greater interest. NONE 2 Inforation Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Progras: I X if the foundation only akes contributions to preselected charitable organizations and does not accept Check here unsolicited requests for funds. If the foundation akes gifts, grants, etc. (see page 28 of the instructions) to individuals or organizations under other conditions, coplete ites 2a, b, c, and d. a The nae, address, and telephone nuber of the person to who applications should be addressed: b The for in which applications should be subitted and inforation and aterials they should include: c Any subission deadlines: d Any restrictions or liitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other factors: JSA 9E For 990-PF (2009)

11 For 990-PF (2009) Page Part XV Suppleentary Inforation (continued) 3 Grants and Contributions Paid During the Year or Approved for Future Payent Recipient Nae and address (hoe or business) a Paid during the year If recipient is an individual, show any relationship to any foundation anager or substantial contributor Foundation status of recipient Purpose of grant or contribution Aount ATTACHMENT 17 I Total b Approved for future payent 3a 1,645,000,00 NONE Total JSA 9E I 3b For 990-PF (2009)

12 For 990-PF (2009) Part XVI-A Page Analysis of Incoe-Producing Activities Enter gross aounts unless otherwise indicated. Unrelated business incoe (a) (b) Aount Business code 1 Progra service revenue: Excluded by section 512, 513, or 514 (d) Aount (c) Exclusion code (e) Related or exept function incoe (See page 28 of the instructions.) a b c d e f g Fees and contracts fro governent agencies Mebership dues and assessents 3 Interest on savings and teporary cash investents 4 Dividends and interest fro securities ,138,31 241,180, ,746, ,253, , Net rental incoe or (loss) fro real estate: a Debt-financed property b Not debt-financed property 6 Net rental incoe or (loss) fro personal property 7 Other investent incoe -85, Gain or (loss) fro sales of assets other than inventory 9 Net incoe or (loss) fro special events 10 Gross profit or (loss) fro sales of inventory 11 Other revenue: a b STATE INCOME TAX REFUND c d e 12 Subtotal. Add coluns (b), (d), and (e) -85,813. 1,404,325, Total. Add line 12, coluns (b), (d), and (e) (See worksheet in line 13 instructions on page 28 to verify calculations.) Part XVI-B Line No. L 13 1,404,239,351. Relationship of Activities to the Accoplishent of Exept Purposes Explain below how each activity for which incoe is reported in colun (e) of Part XVI-A contributed iportantly to the accoplishent of the foundation's exept purposes (other than by providing funds for such purposes). (See page 29 of the instructions.) NOT APPLICABLE JSA 9E For 990-PF (2009)

13 For 990-PF (2009) Page 13 Ifl4Yj II a b c Inforation Regarding Transfers To and Transactions and Relationships With Noncharitable Exept Organizations Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations? Transfers fro the reporting foundation to a noncharitable exept organization of: (1) Cash... (2) Other assets... Other transactions: (1) Sales of assets to a noncharitable exept organization (2) Purchases of assets fro a noncharitable exept organization (3) Rental of facilities, equipent, or other assets (4) Reiburseent arrangeents (5) Loans or loan guarantees (6) Perforance of services or ebership or fundraising solicitations Sharing of facilities, equipent, ailing lists, other assets, or paid eployees d If the answer to any of the above is "Yes," coplete the following schedule. Colun (b) should always show the fair arket value of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair arket value in any transaction or sharing arrangeent, show in colun (d) the value of the goods, other assets, or services received. (a) Line no. (b) Aount involved N/A (C) Nae of noncharitable exept organization (d)description of transfers, transactions, and sharing arrangeents N/A 2a Is the foundation directly or indirectly affiliated with, or related to, one or ore tax-exept organizations described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527? Yes No b If "Yes," coplete the following schedule. (a) Nae of organization (b) Type of organization (c) Description of relationship N/A Under penalties of perjury, I declare that I have exained this return, including accopanying schedules and stateents, and to the best of y knowledge and behef, it nd coplete (other than taxpayer or fiduciary) is based on a ll inforat ion of which preparer has any knowledge. TRUSTEE 0 Signature of officer or trustee Date Title a) i Date I I i Preparer's identifying l Check if -i nuber (See Signature on -.^ Preparer's self-eployed 'L_J I page 3Oof the instructions) o signature P / Fir's nae (or yurs if CLARK NUBER EIN andzlpcod self-eploed)dress, NE 4TH, S E 1700 BELLEVUE, WA Phoneno For 990-PF (2009) JSA 9E

14 Schedule B Schedule of Contributors OMB No Attach to For 990, 990-EZ, or 990-PF. À¾ ½ I (For 990, 990-EZ, or 990-PF) Departent of the Treasury Internal Revenue Service Nae of the organization Eployer identification nuber BILL & MELINDA GATES FOUNDATION TRUST Organization type (check one): Filers of: Section: For 990 or 990-EZ 501(c)( ) (enter nuber) organization 4947(a)(1) nonexept charitable trust not treated as a private foundation 527 political organization For 990-PF X 501(c)(3) exept private foundation 4947(a)(1) nonexept charitable trust treated as a private foundation 501(c)(3) taxable private foundation Check if your organization is covered by the General Rule or a Special Rule. Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions. General Rule X For an organization filing For 990, 990-EZ, or 990-PF that received, during the year, $5,000 or ore (in oney or property) fro any one contributor. Coplete Parts I and II. Special Rules For a section 501(c)(3) organization filing For 990 or 990-EZ that et the 33 1/3 % support test of the regulations under sections 509(a)(1) and 170(b)(1)(A)(vi), and received fro any one contributor, during the year, a contribution of the greater of (1) $5,000 or (2) 2% of the aount on (i) For 990, Part VIII, line 1h or (ii) For 990-EZ, line 1. Coplete Parts I and II. For a section 501(c)(7), (8), or (10) organization filing For 990 or 990-EZ that received fro any one contributor, during the year, aggregate contributions of ore than $1,000 for use exclusively for religious, charitable, scientific, literary, or educational purposes, or the prevention of cruelty to children or anials. Coplete Parts I, II, and III. For a section 501(c)(7), (8), or (10) organization filing For 990 or 990-EZ that received fro any one contributor, during the year, contributions for use exclusively for religious, charitable, etc., purposes, but these contributions did not aggregate to ore than $1,00 If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Do not coplete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions of $5,000 or ore during the year $ I Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (For 990, 990-EZ, or 990-PF), but it ust answer "No" on Part IV, line 2 of its For 990, or check the box on line H of its For 990-EZ, or on line 2 of its For 990-PF, to certify that it does not eet the filing requireents of Schedule B (For 990, 990-EZ, or 990-PF). For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for For 990, 990-EZ, or 990-PF. JSA 9E Schedule B (For 990, 990-EZ, or 990-PF) (2009)

15 Schedule B (For 990, 990-EZ, or 990-PF) (2009) Nae of organization Page BILL & MELINDA GATES FOUNDATION TRUST 1 1 of of Part I Eployer identification nuber Part I Contributors (see instructions) (a) No. 1 (b) Nae, address, and ZIP + 4 WILLIAM H. GATES, III - SECURITIES $ 2365 CARILLON POINT KIRKLAND, WA (a) No ,001,014. (b) Nae, address, and ZIP + 4 (c) Aggregate contributions WILLIAM H. GATES, III - INVST MGMT FEES KIRKLAND, WA $ 34,533,151. Person Payroll Noncash X X (d) Type of contribution Person Payroll Noncash X (Coplete Part II if there is a noncash contribution.) (a) No. (b) Nae, address, and ZIP WARREN E. BUFFETT - SECURITIES (c) Aggregate contributions $ 1440 KIEWIT PLAZA OMAHA, NE (d) Type of contribution (Coplete Part II if there is a noncash contribution.) CARILLON POINT (a) No. (c) Aggregate contributions 1,248,770,287. (d) Type of contribution Person Payroll Noncash X X (Coplete Part II if there is a noncash contribution.) (b) Nae, address, and ZIP + 4 (c) Aggregate contributions (d) Type of contribution Person Payroll Noncash $ (Coplete Part II if there is a noncash contribution.) (a) No. (b) Nae, address, and ZIP + 4 (c) Aggregate contributions (d) Type of contribution Person Payroll Noncash $ (Coplete Part II if there is a noncash contribution.) (a) No. (b) Nae, address, and ZIP + 4 (c) Aggregate contributions $ (d) Type of contribution Person Payroll Noncash (Coplete Part II if there is a noncash contribution.) Schedule B (For 990, 990-EZ, or 990-PF) (2009) JSA 9E

16 Schedule B (For 990, 990-EZ, or 990-PF) (2009) Nae of organization Page BILL & MELINDA GATES FOUNDATION TRUST 1 of 1 of Part II Eployer identification nuber Part II (a) No. fro Part I 1 Noncash Property (see instructions) (c) FMV (or estiate) (see instructions) (b) Description of noncash property given 12,167,600 SHARES OF MICROSOFT CORPORATION $ (a) No. fro Part I 3 350,001,014. (c) FMV (or estiate) (see instructions) (b) Description of noncash property given 11/09/2009 (d) Date received 428,688 CLASS B SHARES OF BERKSHIRE HATHAWAY, INC. $ (a) No. fro Part I (d) Date received (b) Description of noncash property given 1,248,770, /01/2009 (c) FMV (or estiate) (see instructions) (d) Date received (c) FMV (or estiate) (see instructions) (d) Date received (c) FMV (or estiate) (see instructions) (d) Date received (c) FMV (or estiate) (see instructions) (d) Date received $ (a) No. fro Part I (b) Description of noncash property given $ (a) No. fro Part I (b) Description of noncash property given $ (a) No. fro Part I (b) Description of noncash property given $ JSA 9E Schedule B (For 990, 990-EZ, or 990-PF) (2009)

17 2220 For Underpayent of Estiated Tax by Corporations I I OMB No À¾ ½ See separate instructions. Attach to the corporation's tax return. Departent of the Treasury Internal Revenue Service Nae Eployer identification nuber BILL & MELINDA GATES FOUNDATION TRUST Note: Generally, the corporation is not required to file For 2220 (see Part II below for exceptions) because the IRS will figure any penalty owed and bill the corporation. However, the corporation ay still use For 2220 to figure the penalty. If so, enter the aount fro page 2, line 38 on the estiated tax penalty line of the corporation's incoe tax return, but do not attach For 222 Required Annual Payent Part I Total tax (see instructions) 1 2a b 1 Personal holding copany tax (Schedule PH (For 1120), line 26) included on line 1 2b c Credit for federal tax paid on fuels (see instructions) 2c d Total. Add lines 2a through 2c Enter the tax shown on the corporation's 2008 incoe tax return (see instructions). Caution: If the tax is zero or the tax year was for less than 12 onths, skip this line and enter the aount fro line 3 on line Required annual payent. Enter the saller of line 3 or line 4. If the corporation is required to skip line 4, enter the aount fro line Part II d Subtract line 2d fro line 1. If the result is less than $500, do not coplete or file this for. The corporation does not owe the penalty 4 X X Reasons for Filing- Check the boxes below that apply. If any boxes are checked, the corporation ust file For 2220 even if it does not owe a penalty (see instructions). The corporation is using the adjusted seasonal installent ethod. The corporation is using the annualized incoe installent ethod. The corporation is a "large corporation" figuring its first required installent based on the prior year's tax. Part III Figuring the Underpayent (a) 9 Installent due dates. Enter in coluns (a) through (d) the 15th day of the 4th (For 990-PF filers: Use 5th onth), 6th, 9th, and 12th onths of the corporation's tax year 10 2a Look-back interest included on line 1 under section 460(b)(2) for copleted long-ter contracts or section 167(g) for depreciation under the incoe forecast ethod /15/2009 (b) (c) (d) 06/15/ /15/ /15/2009 Required installents. If the box on line 6 and/or line 7 above is checked, enter the aounts fro Schedule A, line 38. If the box on line 8 (but not 6 or 7) is checked, see instructions for the aounts to enter. If none of these boxes are checked, enter 25% of line 5 above in each colun ,567, ,047,864. 7,258,004. 6,902, ,00 5,675, ,220,975. 8,520,975. 1,262,971. 6,937, ,520,975. 6,937, ,220,975. 1,262,971. Estiated tax paid or credited for each period (see instructions). For colun (a) only, enter the aount fro line 11 on line Coplete lines 12 through 18 of one colun before going to the next colun. 12 Enter aount, if any, fro line 18 of the preceding colun Add lines 11 and Add aounts on lines 16 and 17 of the preceding colun 15 Subtract line 14 fro line 13. If zero or less, enter If the aount on line 15 is zero, subtract line 13 fro line 14. Otherwise, enter Underpayent. If line 15 is less than or equal to line 10, subtract line 15 fro line 1 Then go to line 12 of the next colun. Otherwise, go to 17 line 18 Overpayent. If line 10 is less than line 15, subtract line 10 fro line 15. Then go to line of the next colun Go to Part IV on page 2 to figure the penalty. Do not go to Part IV if there are no entries on line 17 - no penalty is owed. For 2220 For Paperwork Reduction Act Notice, see separate instructions. JSA 9X (2009)

18 2009 FORM 990-PF INDEX OF ATTACHMENTS ATTACHMENT 1 PART I - OTHER INCOME ATTACHMENT 2 PART I - LEGAL FEES ATTACHMENT 3 PART I - ACCOUNTING FEES ATTACHMENT 4 PART I - OTHER PROFESSIONAL FEES ATTACHMENT 5 PART I - TAXES ATTACHMENT 6 PART I - OTHER EXPENSES ATTACHMENT 7 PART II - U.S. AND STATE OBLIGATIONS ATTACHMENT 8 PART II - CORPORATE STOCK ATTACHMENT 9 PART II - CORPORATE BONDS ATTACHMENT 10 PART II - OTHER INVESTMENTS ATTACHMENT 11 PART II - OTHER ASSETS ATTACHMENT 12 PART II - OTHER LIABILITIES ATTACHMENT 13 PART III - OTHER INCREASES IN NET WORTH OR FUND BALANCES ATTACHMENT 14 PART VII-B - EXPENDITURE RESPONSIBILITY STATEMENTS ATTACHMENT 15 PART VIII - LIST OF OFFICERS, DIRECTORS, AND TRUSTEES ATTACHMENT 16 PART VIII - COMPENSATION OF THE FIVE HIGHEST PAID PROFESSIONALS ATTACHMENT 17 PART XV - GRANTS AND CONTRIBUTIONS PAID DURING THE YEAR ATTACHMENT A PART I - DISBURSEMENTS FOR CHARITABLE PURPOSES ATTACHMENT B PART VII-B - EXPENDITURE RESPONSIBILITY REPORT FOR BILL & MELINDA GATES FOUNDATION ATTACHMENT C PART II - CORPORATE STOCKS DETAIL ATTACHMENT D PART II - CORPORATE BONDS DETAIL ATTACHMENT E PART II - OTHER INVESTMENTS DETAIL ATTACHMENT F PART I, LINE 6 - SUMMARY OF BOOK GAINS/LOSSES ATTACHMENT G PART IV - SUMMARY OF INVESTMENT GAINS/LOSSES INDEX 2009 FORM 990-PF

19 BILL & MELINDA GATES FOUNDATION TRUST ATTACHMENT 1 FORM 990PF, PART I - OTHER INCOME REVENUE AND EXPENSES PER BOOKS DESCRIPTION EQUITY PARTNERSHIP INVESTMENTS IRC SECTION 988 NET CURRENCY GAIN MORTGAGE BACKED SECURITY PAYDOWNS INFLATION INDEX INCOME SWAP LOSS OTHER INCOME STATE INCOME TAX REFUND TOTALS 30,277,881. 4,095, ,51-2,338, ,536. 5,769. NET INVESTMENT INCOME 647,129. 4,095, ,51-2,338, ,536. 5, ,666,829. 3,036,077. ADJUSTED NET INCOME ATTACHMENT 1

20 BILL & MELINDA GATES FOUNDATION TRUST ATTACHMENT 2 FORM 990PF, PART I - LEGAL FEES REVENUE AND EXPENSES PER BOOKS DESCRIPTION LEGAL FEES TOTALS NET INVESTMENT INCOME ADJUSTED NET INCOME CHARITABLE PURPOSES 14, , , ,063. ATTACHMENT 2

21 BILL & MELINDA GATES FOUNDATION TRUST ATTACHMENT 3 FORM 990PF, PART I - ACCOUNTING FEES REVENUE AND EXPENSES PER BOOKS DESCRIPTION TAX & ACCOUNTING SERVICES TOTALS NET INVESTMENT INCOME ADJUSTED NET INCOME CHARITABLE PURPOSES 227, , , ,216. ATTACHMENT 3

22 BILL & MELINDA GATES FOUNDATION TRUST ATTACHMENT 4 FORM 990PF, PART I - OTHER PROFESSIONAL FEES REVENUE AND EXPENSES PER BOOKS DESCRIPTION INVESTMENT MANAGEMENT FEES INVESTMENT CUSTODIAN SERVICES INVESTMENT FEES AND OTHER PORTFOLIO EXPENSES OTHER INVESTMENT EXPENSES TOTALS NET INVESTMENT INCOME ADJUSTED NET INCOME CHARITABLE PURPOSES 34,533,151. 5,435, ,533,151. 5,435,658. 5,662, ,362. 5,662, , ,646, ,646,034. ATTACHMENT 4

23 BILL & MELINDA GATES FOUNDATION TRUST ATTACHMENT 5 FORM 990PF, PART I - TAXES REVENUE AND EXPENSES PER BOOKS DESCRIPTION FOREIGN INCOME TAXES DEFERRED EXCISE TAXES SECTION 4940 EXCISE TAXES TOTALS NET INVESTMENT INCOME ADJUSTED NET INCOME CHARITABLE PURPOSES 8,909, ,159, ,423,986. 9,522, ,492,908. 9,522,652. ATTACHMENT 5

24 BILL & MELINDA GATES FOUNDATION TRUST ATTACHMENT 6 FORM 990PF, PART I - OTHER EXPENSES DESCRIPTION FEES, LICENSES, & PERMITS MISCELLANEOUS EQUITY PTR INVESTMENT EXPENSES TOTALS REVENUE AND EXPENSES PER BOOKS NET INVESTMENT INCOME ADJUSTED NET INCOME 15,163,072. CHARITABLE PURPOSES ,163, ATTACHMENT 6

25 BILL & MELINDA GATES FOUNDATION TRUST FORM 990PF, PART II - U.S. AND STATE OBLIGATIONS ATTACHMENT 7 DESCRIPTION US GOVERNMENT OBLIGATIONS MUNICIPAL OBLIGATIONS US OBLIGATIONS TOTAL BEGINNING BOOK VALUE ENDING BOOK VALUE ENDING FMV 6,097,726,185. 8,025, ,724,734,843. 4,213, ,724,734,843. 4,213,994. 6,105,751, ,728,948, ,728,948,837. ATTACHMENT 7

26 BILL & MELINDA GATES FOUNDATION TRUST FORM 990PF, PART II - CORPORATE STOCK ATTACHMENT 8 BEGINNING BOOK VALUE DESCRIPTION CORPORATE STOCKS-ATTACHMENT C TOTALS ENDING BOOK VALUE ENDING FMV 13,530,725, ,887,415, ,887,415, ,530,725, ,887,415, ,887,415,025. ATTACHMENT 8

27 BILL & MELINDA GATES FOUNDATION TRUST FORM 990PF, PART II - CORPORATE BONDS ATTACHMENT 9 BEGINNING BOOK VALUE DESCRIPTION CORPORATE BONDS-ATTACHMENT D TOTALS ENDING BOOK VALUE ENDING FMV 1,845,629,828. 2,694,997,844. 2,694,997,844. 1,845,629,828. 2,694,997,844. 2,694,997,844. ATTACHMENT 9