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        <QualifyingDistributionsAmt>3560239</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>3424749</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>3487034</UndistributedIncomePYAmt>
        <PriorYear1Yr>2021</PriorYear1Yr>
        <TotalForPriorYearsAmt>16865</TotalForPriorYearsAmt>
        <ExcessDistributionCyovYr5Amt>0</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>0</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>0</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>0</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>0</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>0</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>3560239</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>3487034</AppliedToYear1Amt>
        <AppliedToPriorYearsAmt>16865</AppliedToPriorYearsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>56340</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>0</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>0</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>3368409</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>0</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>0</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>0</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>0</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>0</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>0</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>0</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>W Cameron Healy</ContributingManagerNm>
        <ShareholderManagerNm>None</ShareholderManagerNm>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>Suzanne Geary Executive Director</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 4525</AddressLine1Txt>
            <CityNm>Portland</CityNm>
            <StateAbbreviationCd>OR</StateAbbreviationCd>
            <ZIPCd>97208</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>5033193597</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>Grant Applications are available at www.thehealyfoundation.org</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>Applications are received all year for both Oregon and Hawaii with grant decisions quarterly (four t</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>Grants are awarded in Oregon and Hawaii. The charitable fields of giving are Youth Education, Youth Advocacy, Reduction of Childhood Poverty, Climate Change Mitigation and Protecting Ecosystems.</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>See attachment</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>See attachment</AddressLine1Txt>
            <CityNm>See attachment</CityNm>
            <StateAbbreviationCd>OR</StateAbbreviationCd>
            <ZIPCd>97208</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>attchd</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>See attachment</GrantOrContributionPurposeTxt>
          <Amt>2619287</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>2619287</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>2301552</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>2301552</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>2301552</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>8</LineNumberTxt>
          <RelationshipStatementTxt>Computer and office equipment used in the Foundation office for grant-making</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
      </RlnOfActyToAccomOfExmptPrpsGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <DepreciationSchedule documentId="DepreciationSchedule-01">
      <DepreciationPropertyGrp>
        <PropertyDesc>Land</PropertyDesc>
        <AcquiredDt>2000-01-01</AcquiredDt>
        <CostOrOtherBasisAmt>261165</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>0</PriorYearDepreciationAmt>
        <ComputationMethodTxt>0</ComputationMethodTxt>
        <LifeRt>0.000000000000</LifeRt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Furniture</PropertyDesc>
        <AcquiredDt>2008-08-29</AcquiredDt>
        <CostOrOtherBasisAmt>202</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>202</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>7.000000000000</LifeRt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Computer (Dianes)</PropertyDesc>
        <AcquiredDt>2015-05-01</AcquiredDt>
        <CostOrOtherBasisAmt>1384</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1384</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>5.000000000000</LifeRt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Rug</PropertyDesc>
        <AcquiredDt>2022-12-14</AcquiredDt>
        <CostOrOtherBasisAmt>3460</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>124</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>7.000000000000</LifeRt>
        <CurrentYearExpenseAmt>953</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Furniture from Blue Dot</PropertyDesc>
        <AcquiredDt>2022-12-15</AcquiredDt>
        <CostOrOtherBasisAmt>6395</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>228</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>7.000000000000</LifeRt>
        <CurrentYearExpenseAmt>1762</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Entry Rug</PropertyDesc>
        <AcquiredDt>2023-02-15</AcquiredDt>
        <CostOrOtherBasisAmt>2983</CostOrOtherBasisAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>7.000000000000</LifeRt>
        <CurrentYearExpenseAmt>85</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Furniture cost share Design Withi..</PropertyDesc>
        <AcquiredDt>2023-03-25</AcquiredDt>
        <CostOrOtherBasisAmt>10088</CostOrOtherBasisAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>7.000000000000</LifeRt>
        <CurrentYearExpenseAmt>288</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Partitions</PropertyDesc>
        <AcquiredDt>2023-04-25</AcquiredDt>
        <CostOrOtherBasisAmt>15944</CostOrOtherBasisAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>7.000000000000</LifeRt>
        <CurrentYearExpenseAmt>456</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
    </DepreciationSchedule>
    <InvestmentsOtherSchedule2 documentId="InvestmentsOtherSchedule2-01">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>Portland Affordable Housing Preservation Partnership, LP</CategoryOrItemTxt>
        <BookValueAmt>244274</BookValueAmt>
        <EOYFMVAmt>244274</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <LandEtcSchedule2 documentId="LandEtcSchedule2-01">
      <LandEtcGrp>
        <CategoryOrItemTxt>Land, Furniture &amp; Equipment</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>301619</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>28693</AccumulatedDepreciationAmt>
        <BookValueAmt>272926</BookValueAmt>
      </LandEtcGrp>
    </LandEtcSchedule2>
    <OtherAssetsSchedule documentId="OtherAssetsSchedule-01">
      <OtherAssetsScheduleGrp>
        <Desc>Due from Cedar Holdings</Desc>
        <BOYBookValueAmt>-13389</BOYBookValueAmt>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule-01">
      <OtherExpensesScheduleGrp>
        <Desc>Payroll fees</Desc>
        <RevenueAndExpensesPerBooksAmt>9022</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>9022</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Education/associations/seminar</Desc>
        <RevenueAndExpensesPerBooksAmt>25056</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>25056</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Insurance</Desc>
        <RevenueAndExpensesPerBooksAmt>12608</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>12608</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Licenses</Desc>
        <RevenueAndExpensesPerBooksAmt>200</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>200</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Manini Beach expense</Desc>
        <RevenueAndExpensesPerBooksAmt>32682</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>32682</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Medical insurance</Desc>
        <RevenueAndExpensesPerBooksAmt>94924</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>94924</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Board meetings</Desc>
        <RevenueAndExpensesPerBooksAmt>34647</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>34647</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Office expense</Desc>
        <RevenueAndExpensesPerBooksAmt>7604</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>7604</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Parking</Desc>
        <RevenueAndExpensesPerBooksAmt>1541</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>771</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>770</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Postage &amp; shipping</Desc>
        <RevenueAndExpensesPerBooksAmt>507</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>253</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>254</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Telephone</Desc>
        <RevenueAndExpensesPerBooksAmt>2827</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1414</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>1413</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Miscellaneous</Desc>
        <RevenueAndExpensesPerBooksAmt>2232</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>2232</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Investment fees</Desc>
        <RevenueAndExpensesPerBooksAmt>242536</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>242536</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Board member compensation</Desc>
        <RevenueAndExpensesPerBooksAmt>22500</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>22500</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Other</Desc>
        <RevenueAndExpensesPerBooksAmt>28</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>28</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSchedule2-01">
      <OtherIncomeDetail>
        <Desc>Net rental real estate loss from K-1 (passive)</Desc>
        <RevenueAndExpensesPerBooksAmt>0</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="OtherIncreasesSchedule-01">
      <OtherIncreasesDetail>
        <Desc>Change in market value of investments for 2023, net</Desc>
        <Amt>6810181</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <TaxesSchedule documentId="TaxesSchedule-01">
      <TaxesDetail>
        <CategoryTxt>Payroll taxes</CategoryTxt>
        <Amt>39094</Amt>
        <DisbursementsCharitablePrpsAmt>39094</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>Excise tax and filing fees, net of refunds</CategoryTxt>
        <Amt>7460</Amt>
        <DisbursementsCharitablePrpsAmt>2400</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>