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SCHEDULE N
(Form 990)

Department of the Treasury
Internal Revenue Service
Liquidation, Termination, Dissolution, or Significant Disposition of Assets
bullet Complete if the organization answered "Yes" on Form 990, Part IV, lines 31 or 32; or Form 990-EZ, line 36.
bullet Attach certified copies of any articles of dissolution, resolutions, or plans.
bullet Attach to Form 990 or 990-EZ.
bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2021
Open to Public
Inspection
Name of the organization
FRED HUTCHINSON CANCER RESEARCH CENTER
 
Employer identification number
23-7156071
Part I
Liquidation, Termination, or Dissolution. Complete this part if the organization answered "Yes" on Form 990, Part IV, line 31, or Form 990-EZ, line 36. Part I can be duplicated if additional space is needed.
1(a) Description of asset(s)
distributed or transaction
expenses paid 		(b) Date of
distribution 		(c) Fair market value of
asset(s) distributed or
amount of transaction
expenses 		(d) Method of
determining FMV for
asset(s) distributed or
transaction expenses 		(e) EIN of recipient (f) Name and address of recipient (g) IRC section
of recipient(s) (if
tax-exempt) or type
of entity
ASSETS NET OF LIABILITIES ON MERGER OF ENTITY 03-31-2022 1,049,478,672 BOOK VALUE 91-1935159 SEATTLE CANCER CARE ALLIANCE
 
825 EASTLAKE AVENUE E PO BOX 19023
SEATTLE,WA981091023 		501(C)(3)
Yes
No
2
Did or will any officer, director, trustee, or key employee of the organization:
a
Become a director or trustee of a successor or transferee organization? ...........................
2a
Yes
 
b
Become an employee of, or independent contractor for, a successor or transferee organization? .....................
2b
Yes
 
c
Become a direct or indirect owner of a successor or transferee organization? .....................
2c
 
No
d
Receive, or become entitled to, compensation or other similar payments as a result of the organization's liquidation, termination, or dissolution? ........
2d
 
No
e
If the organization answered "Yes" to any of the questions on lines 2a through 2d, provide the name of the person involved and explain in Part III. bullet
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50087Z
Schedule N (Form 990) 2021

Schedule N (Form 990) 2021
Page 2
Part I
Liquidation, Termination, or Dissolution (continued)
Note. If the organization distributed all of its assets during the tax year, then Form 990, Part X, column (B), line 16 (Total assets), and line 26 (Total liabilities), should equal -0-.
Yes
No
3
Did the organization distribute its assets in accordance with its governing instrument(s)? If "No," describe in Part III .............
3
Yes
 
4a
Is the organization required to notify the attorney general or other appropriate state official of its intent to dissolve, liquidate, or terminate? ......
4a
Yes
 
b
If "Yes," did the organization provide such notice? .....................
4b
Yes
 
5
Did the organization discharge or pay all of its liabilities in accordance with state laws? .....................
5
Yes
 
6a
Did the organization have any tax-exempt bonds outstanding during the year? .....................
6a
Yes
 
b
If "Yes" on line 6a, did the organization discharge or defease all of its tax-exempt bond liabilities during the tax year in accordance with the Internal Revenue Code and state laws?
6b
Yes
 
c
If "Yes" on line 6b, describe in Part III how the organization defeased or otherwise settled these liabilities. If "No" on line 6b, explain in Part III.

Part II
Sale, Exchange, Disposition, or Other Transfer of More Than 25% of the Organization's Assets. Complete this part if the organization answered "Yes" on Form 990, Part IV, line 32, or Form 990-EZ, line 36. Part II can be duplicated if additional space is needed.
1(a) Description of asset(s)
distributed or transaction
expenses paid 		(b) Date of
distribution 		(c) Fair market value of
asset(s) distributed or
amount of transaction
expenses 		(d) Method of
determining FMV for
asset(s) distributed or
transaction expenses 		(e) EIN of recipient (f) Name and address of recipient (g) IRC section
of recipient(s) (if
tax-exempt) or type
of entity
Yes
No
2
Did or will any officer, director, trustee, or key employee of the organization:
a
Become a director or trustee of a successor or transferee organization? .........................
2a
Yes
 
b
Become an employee of, or independent contractor for, a successor or transferee organization? .....................
2b
Yes
 
c
Become a direct or indirect owner of a successor or transferee organization? .....................
2c
 
No
d
Receive, or become entitled to, compensation or other similar payments as a result of the organization's significant disposition of assets? ........
2d
 
No
e
If the organization answered "Yes" to any of the questions on lines 2a through 2d, provide the name of the person involved and explain in Part III. bullet
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50087Z
Schedule N (Form 990) 2021

Schedule N (Form 990) 2021
Page 3
Part III
Supplemental Information. Provide the information required by Part I, lines 2e and 6c, and Part II, line 2e. Also complete this part to provide any additional information.
Return Reference Explanation
PART I, LINE 2E: PERSON(S) INVOLVED: SEE PART VII AND SUPPLEMENTAL EXPLANATION FOR PERSONS INVOLVED.
PART I, LINE 2E: EXPLANATION OF INVOLVEMENT: THOMAS LYNCH (OFFICER) AND NANCY DAVIDSON (OFFICER) BOTH BECAME DIRECTORS OF THE SUCCESSOR/TRANSFEREE ORGANIZATION. KATHY SURACE-SMITH, SEAN BOYLE AND LEIGH MORGAN (DIRECTORS) ALL BECAME DIRECTORS OF THE SUCCESSOR/TRANSFEREE ORGANIZATION. ALL MANAGEMENT OFFICERS LISTED ON SCHEDULE J OF THE RETURN ALSO BECAME OFFICERS OF THE SUCCESSOR/TRANSFEREE ORGANIZATION.
PART I, LINE 6C: ON MARCH 10, 2022, FRED HUTCH ISSUED $166,035 TAXABLE BONDS, SERIES 2022A AS THE FIRST TRANCHE OF A TAXABLE BRIDGE LOAN (BRIDGE LOAN). THE PROCEEDS OF THIS TRANCHE OF THE BRIDGE LOAN WERE USED TO ESTABLISH ESCROW ACCOUNTS FOR THE PURPOSE OF DEFEASING $66,765 OF THE WASHINGTON HEALTH CARE FACILITIES AUTHORITY REVENUE BONDS, SERIES 2015 (FRED HUTCHINSON CANCER RESEARCH CENTER) AND $92,110 OF THE WASHINGTON HEALTH CARE FACILITIES AUTHORITY REVENUE BONDS, SERIES 2017B (FRED HUTCHINSON CANCER RESEARCH CENTER).ON MARCH 31, 2022, FRED HUTCH ISSUED $404,840 TAXABLE BONDS, SERIES 2022B AS THE SECOND TRANCHE OF THE BRIDGE LOAN FOR THE PURPOSE OF ESTABLISHING AN ESCROW ACCOUNT TO DEFEASE $19,015 OF THE WASHINGTON HEALTH CARE FACILITIES AUTHORITY REVENUE BONDS, SERIES 2017A (FRED HUTCHINSON CANCER RESEARCH CENTER), ESTABLISHING AN ESCROW ACCOUNT TO DEFEASE $85,715 OF THE WASHINGTON HEALTH CARE FACILITIES AUTHORITY REVENUE BONDS, SERIES 2017C (FRED HUTCHINSON CANCER RESEARCH CENTER), AND BUYING OUT THE SEATTLE CHILDREN'S INTEREST IN THE SCCA.
Schedule N (Form 990) 2021



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