Form 990 for tax year 2022

Filed by JOHN L LOCKE JR CHARITABLE TRUST.

Totals

Total revenue: $720,996
Total expenses: $1,090,359
Contributions and grants received: $0
Grants paid: $1,000,000
Program service revenue: $0
Investment income: $720,996
Other revenue: $0
Total assets, end of year: $23,184,442
Total liabilities, end of year: $0
Net assets or fund balances, end of year: $23,184,442
Program services expenses (Part IX): $1,000,000
Management and general expenses: $90,359
Fundraising expenses: $0
Program service expenses (Part III): $1,000,000

Program services were 91.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

3 · Investment income

total $540,416 · excluded $540,416
4 · Income from investment of tax-exempt bond proceeds

total $18,284 · excluded $18,284
7a · Gross sales of assets other than inventory

securities $5,222,893
7b · Less cost or other basis and sales expenses

securities $5,060,597
7c · Gain or loss

securities $162,296
7d · Net gain or loss

total $162,296 · related or exempt $162,296

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $1,000,000 · program services $1,000,000
11b · Fees: legal

total $2,317 · management and general $2,317
11c · Fees: accounting

total $12,900 · management and general $12,900
11f · Fees: investment management

total $74,937 · management and general $74,937
24a · Other expenses: MISC OTHER

total $205 · management and general $205

Balance sheet

Part X, book values.

2 · Savings and temporary cash investments

beginning of year $1,158,581 · end of year $925,433
11 · Investments: publicly traded securities

beginning of year $22,395,224 · end of year $22,259,009
29 · Capital stock, trust principal or current funds

beginning of year $19,917,274 · end of year $19,917,274
30 · Paid-in or capital surplus, or land, building or equipment fund

beginning of year $0 · end of year $0
31 · Retained earnings, endowment or other funds

beginning of year $3,636,531 · end of year $3,267,168

Mission and programs · 2022

Mission

TO MAKE CONTRIBUTIONS TO THE JOHN L. LOCKE, JR. CORONARY CARE CENTER OF THE SWEDISH HOSPITAL MEDICAL CENTER IN SEATTLE,WA AND/OR THE JOHN L. LOCKE, JR. HEALTH SCIENCES COMPUTER CENTER OF THE UNIV. OF WASHINGTON SCH. OF MEDICINE; AND IF CONTRIBUTIONS TO EITHER ARE NOT POSSIBLE, THEN TO ANY OTHER CHARITABLE ORGANIZATION TO THE EXTENT THAT IT IS INVOLVED IN THE CARE, TREATMENT AND DIAGNOSIS OF HEART DISEASE AND RESEARCH INTO THE SAME.

Activities or mission (Part I)

TO MAKE CONTRIBUTIONS TO THE JOHN L. LOCKE, JR. CORONARY CARE CENTER OF THE SWEDISH HOSPITAL MEDICAL CENTER IN SEATTLE, WA AND/OR THE JOHN L. LOCKE, JR HEALTH SCIENCES COMPUTER CENTER OF THE UNIV. OF WASHINGTON SCH. OF MEDICINE; AND, IF CONTRIBUTIONS TO EITHER ARE NOT POSSIBLE, THEN TO ANY OTHER CHARITABLE ORGANIZATION TO THE EXTENT THAT IT IS INVOLVED IN THE CARE, TREATMENT AND DIAGNOSIS OF HEART DISEASE AND RESEARCH INTO THE SAME.

GRANT TO THE UNIVERSITY OF WASHINGTON MEDICINE - JOHN L LOCKE JR FUND FOR CARDIAC CARE AND RESEARCH: UTILIZING ARTERIOVENOUS DIFF. TO STUDY ATRIAL CHGS OCCURING IN ATRIAL FIBRILLATION; USING FORTILIN INHIBITORS TO BLOCK ATHEROSCLEROSIS; THE ROLE OF ALTERED LYMPHATIC ENDOTHELIAL CELL PERMEABILITY IN OBESITY; AURORA SCIENTIFIC PERMEABILIZED FIBER SYSTEM EQUIP GRANT TO BETTER ASSESS CARDIAC MUSCLE CONTRACTILITY; MECHANISTIC STUDY OF HEART FAILURE STERILE INFLAMMATION; HIGH-THROUGHPUT FUNCTIONAL CHARACTERISTICS OF MYH7 AND TNNT2; CHRONIC KIDNEY DISEASE IN NEPAL: INTEGRATING CARDIOVASCULAR RISK INTO ECON EVAL FOR PREV AND CONTROL.

Expenses $500,000 · Grants $500,000
GRANTS TO THE SWEDISH MEDICAL CENTER FOUNDATION FOR THE SWEDISH CENTER FUND FOR CARDIAC CARE AND RESEARCH

Expenses $500,000 · Grants $500,000

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

ROBIN J KNEPPER

CHAIRMAN/TRUSTEE

Total calculated

$0

Hours/week

1
LIDA J BUCKNER

SECRETARY/TRUSTEE

Total calculated

$0

Hours/week

1
BETH NESS

TREASURER/TRUSTEE

Total calculated

$0

Hours/week

0.2
PATRICK RYAN MD

TRUSTEE

Total calculated

$0

Hours/week

0.2
JOHN PETERSEN II MD

TRUSTEE

Total calculated

$0

Hours/week

0.2
HOWARD LEWIS MD

TRUSTEE

Total calculated

$0

Hours/week

0.2
W ROBB MACLELLAN MD

TRUSTEE

Total calculated

$0

Hours/week

0.2
DAVID DICHEK MD

TRUSTEE

Total calculated

$0

Hours/week

0.2
KAREN STOUT MD

TRUSTEE

Total calculated

$0

Hours/week

0.2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

UNIVERSITY OF WASHINGTON

$500,000

FUNDING FOR THE CARE, TREATMENT AND DIAGNOSIS OF HEART DISEASE, AND RESEARCH INTO THE SAME.
SWEDISH MEDICAL CENTER

$500,000

FUNDING FOR THE CARE, TREATMENT AND DIAGNOSIS OF HEART DISEASE, AND RESEARCH INTO THE SAME.

Provenance

Return type: form_990
Tax year: 2022
Filed: 5 August 2024
IRS schema version: 2022v5.0
Source object: 202432209349301448

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