efile Public Visual Render
ObjectId: 202113169349103646 - Submission: 2021-11-12
TIN: 95-4856207
Form
990-PF
Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0052
20
20
Open to Public Inspection
For calendar year 2020, or tax year beginning
01-01-2020
, and ending
12-31-2020
Name of foundation
DURFEE FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)
700 S FLOWER ST NO 560
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LOS ANGELES
,
CA
90017
A Employer identification number
95-4856207
B
Telephone number (see instructions)
(310) 899-5120
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
H
Check type of organization:
Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust
Other taxable private foundation
F
If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
61,164,799
J
Accounting method:
Cash
Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)
Part I
Analysis of Revenue and Expenses
(The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)
(a)
Revenue and
expenses per
books
(b)
Net investment
income
(c)
Adjusted net
income
(d)
Disbursements
for charitable
purposes
(cash basis only)
1
Contributions, gifts, grants, etc., received (attach schedule)
2
Check
.............
3
Interest on savings and temporary cash investments
158
158
4
Dividends and interest from securities
...
116,182
116,182
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
6,290,309
b
Gross sales price for all assets on line 6a
15,903,515
7
Capital gain net income (from Part IV, line 2)
...
6,290,186
8
Net short-term capital gain
.........
9
Income modifications
...........
10a
Gross sales less returns and allowances
b
Less: Cost of goods sold
....
c
Gross profit or (loss) (attach schedule)
.....
11
Other income (attach schedule)
.......
888,242
888,214
12
Total.
Add lines 1 through 11
........
7,294,891
7,294,740
13
Compensation of officers, directors, trustees, etc.
401,687
36,343
340,882
14
Other employee salaries and wages
......
127,678
9,611
113,869
15
Pension plans, employee benefits
.......
140,191
10,514
111,580
16a
Legal fees (attach schedule)
.........
b
Accounting fees (attach schedule)
.......
42,486
38,237
4,249
c
Other professional fees (attach schedule)
....
190,686
172,996
17,190
17
Interest
...............
7
0
7
18
Taxes (attach schedule) (see instructions)
...
133,745
0
0
19
Depreciation (attach schedule) and depletion
...
12,771
0
20
Occupancy
..............
70,166
0
64,044
21
Travel, conferences, and meetings
.......
16,949
0
16,949
22
Printing and publications
..........
23
Other expenses (attach schedule)
.......
228,721
0
227,978
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
1,365,087
267,701
896,748
25
Contributions, gifts, grants paid
.......
1,473,000
1,872,782
26
Total expenses and disbursements.
Add lines 24 and 25
2,838,087
267,701
2,769,530
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
4,456,804
b
Net investment income
(if negative, enter -0-)
7,027,039
c
Adjusted net income
(if negative, enter -0-)
...
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X
Form
990-PF
(2020)
Page 2
Form 990-PF (2020)
Page
2
Part II
Balance Sheets
Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year
End of year
(a)
Book Value
(b)
Book Value
(c)
Fair Market Value
1
Cash—non-interest-bearing
.............
409,006
73,571
73,571
2
Savings and temporary cash investments
.........
240,481
179,026
179,026
3
Accounts receivable
Less: allowance for doubtful accounts
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 instructions)
.....
7
Other notes and loans receivable (attach schedule)
Less: allowance for doubtful accounts
8
Inventories for sale or use
..............
9
Prepaid expenses and deferred charges
..........
15,707
16,042
16,042
10a
Investments—U.S. and state government obligations (attach schedule)
b
Investments—corporate stock (attach schedule)
.......
10,854,253
3,272,343
3,272,343
c
Investments—corporate bonds (attach schedule)
.......
1,111,995
2,211,587
2,211,587
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
40,857,919
55,051,368
55,051,368
14
Land, buildings, and equipment: basis
207,013
Less: accumulated depreciation (attach schedule)
99,134
116,197
107,879
107,879
15
Other assets (describe
)
1,160,167
252,983
252,983
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
54,765,725
61,164,799
61,164,799
17
Accounts payable and accrued expenses
..........
134,606
132,218
18
Grants payable
.................
835,506
434,697
19
Deferred revenue
.................
20
Loans from officers, directors, trustees, and other disqualified persons
21
Mortgages and other notes payable (attach schedule)
......
22
Other liabilities (describe
)
87,029
119,184
23
Total liabilities
(add lines 17 through 22)
.........
1,057,141
686,099
Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24
Net assets without donor restrictions
...........
53,708,584
60,478,700
25
Net assets with donor restrictions
............
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26
Capital stock, trust principal, or current funds
........
27
Paid-in or capital surplus, or land, bldg., and equipment fund
28
Retained earnings, accumulated income, endowment, or other funds
29
Total net assets or fund balances
(see instructions)
.....
53,708,584
60,478,700
30
Total liabilities and net assets/fund balances
(see instructions)
.
54,765,725
61,164,799
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return)
...............
1
53,708,584
2
Enter amount from Part I, line 27a
.....................
2
4,456,804
3
Other increases not included in line 2 (itemize)
3
2,313,312
4
Add lines 1, 2, and 3
..........................
4
60,478,700
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
60,478,700
Form
990-PF
(2020)
Page 3
Form 990-PF (2020)
Page
3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a)
List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a
SALE OF PUBLICLY TRADED SECURITIES
b
ALTERNATIVE INVESTMENTS
P
c
CAPITAL GAINS DIVIDENDS
P
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) minus (g)
a
11,619,679
9,613,329
2,006,350
b
4,110,301
4,110,301
c
173,535
173,535
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-)
or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a
2,006,350
b
4,110,301
c
173,535
d
e
2
Capital gain net income or (net capital loss)
If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
2
6,290,186
3
Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8
...................
3
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1
Reserved
(a)
Reserved
(b)
Reserved
(c)
Reserved
(d)
Reserved
2
Reserved
...........................
2
3
Reserved
...........................
3
4
Reserved
...........................
4
5
Reserved
...........................
5
6
Reserved
...........................
6
7
Reserved
...........................
7
8
Reserved
,..........................
8
Form
990-PF
(2020)
Page 4
Form 990-PF (2020)
Page
4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a
Exempt operating foundations described in section 4940(d)(2), check here
and enter “N/A" on line 1.
Date of ruling or determination letter:
(attach copy of letter if necessary–see instructions)
b
Reserved
................................
1
97,676
c
All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2
Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)
2
0
3
Add lines 1 and 2
...........................
3
97,676
4
Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)
4
0
5
Tax based on investment income.
Subtract line 4 from line 3. If zero or less, enter -0-
.....
5
97,676
6
Credits/Payments:
a
2020 estimated tax payments and 2019 overpayment credited to 2020
6a
20,652
b
Exempt foreign organizations—tax withheld at source
......
6b
0
c
Tax paid with application for extension of time to file (Form 8868)
...
6c
70,000
d
Backup withholding erroneously withheld
...........
6d
0
7
Total credits and payments. Add lines 6a through 6d
..............
7
90,652
8
Enter any
penalty
for underpayment of estimated tax.
Check here
if Form 2220 is attached.
8
0
9
Tax due.
If the total of lines 5 and 8 is more than line 7, enter
amount owed
.......
9
7,024
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
11
Enter the amount of line 10 to be:
Credited to 2021 estimated tax
Refunded
11
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign?
....................
1a
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition
.................................
1b
No
If the answer is "Yes" to
1a
or
1b,
attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file
Form 1120-POL
for this year?
.....................
1c
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1)
On the foundation.
$
0
(2)
On foundation managers.
$
0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?
.......
2
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments?
If "Yes," attach a conformed copy of the changes
....
3
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?
........
4a
No
b
If "Yes," has it filed a tax return on
Form 990-T
for this year?
...................
4b
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?
.........
5
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
By language in the governing instrument, or
By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument?
................
6
Yes
7
Did the foundation have at least $5,000 in assets at any time during the year?
If "Yes," complete Part II, col. (c),
and Part XV.
.................................
7
Yes
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
CA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G?
If "No," attach explanation
.
8b
Yes
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
If "Yes," complete Part XIV
.............................
9
No
10
Did any persons become substantial contributors during the tax year?
If "Yes," attach a schedule listing their names
and addresses.
...............................
10
No
Form
990-PF
(2020)
Page 5
Form 990-PF (2020)
Page
5
Part VII-A
Statements Regarding Activities
(continued)
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions
.............
11
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions
.................
12
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
Website address
HTTPS://DURFEE.ORG/
14
The books are in care of
CLAIRE PEEPS
Telephone no.
(310) 899-5120
Located at
700 S FLOWER ST NO 560
LOS ANGELES
CA
ZIP+4
90017
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over
Yes
No
a bank, securities, or other financial account in a foreign country?
.................
16
No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Part VII-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1)
Engage in the sale or exchange, or leasing of property with a disqualified person?
Yes
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
......................
Yes
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
Yes
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
Yes
No
(5)
Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)?
...............
Yes
No
(6)
Agree to pay money or property to a government official? (
Exception.
Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.)
.......
Yes
No
b
If any answer is "Yes" to 1a(1)–(6), did
any
of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions
........
1b
No
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 2020?
.............
1c
No
2
Taxes on failure to distribute income (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 2020, did the foundation have any undistributed income (lines 6d
and 6e, Part XIII) for tax year(s) beginning before 2020?
.............
Yes
No
If "Yes," list the years
20
,
20
,
20
,
20
b
Are there any years listed in 2a for which the foundation is
not
applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to
all
years listed, answer "No" and attach statement—see 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.
20
,
20
,
20
,
20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year?
......................
Yes
No
b
If "Yes," did it have excess business holdings in 2020 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 Commissioner 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, Form 4720, to determine
if the foundation had excess business holdings in 2020.)
..................
3b
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
4b
No
Form
990-PF
(2020)
Page 6
Form 990-PF (2020)
Page
6
Part VII-B
Statements Regarding Activities for Which Form 4720 May Be Required
(continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1)
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
Yes
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
.............
Yes
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
Yes
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See 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 animals?
.....
Yes
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 53.4945 or in a current notice regarding disaster assistance? See instructions
......
5b
Organizations relying on a current notice regarding disaster assistance check here
.........
c
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant?
..........
Yes
No
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract?
.....................
Yes
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?
....
6b
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
Yes
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction?
....
7b
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year?
.................
Yes
No
Part VIII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1
List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a)
Name and address
(b)
Title, and average
hours per week
devoted to position
(c)
Compensation
(If not paid, enter
-0-)
(d)
Contributions to employee benefit plans and deferred compensation
(e)
Expense account,
other allowances
CAROLINE D AVERY
PRESIDENT
32.00
138,382
26,000
0
700 S FLOWER ST SUITE 560
LOS ANGELES
,
CA
90017
JONATHAN NEWKIRK
VICE PRESIDENT AND TREASURER
2.00
5,000
0
0
700 S FLOWER ST SUITE 560
LOS ANGELES
,
CA
90017
DIANA MCKEE
SECRETARY
2.00
5,000
0
0
700 S FLOWER ST SUITE 560
LOS ANGELES
,
CA
90017
CHRISTOPHER AVERY
TRUSTEE
2.00
5,000
0
0
700 S FLOWER ST SUITE 560
LOS ANGELES
,
CA
90017
HALINA AVERY
TRUSTEE
2.00
6,250
0
0
700 S FLOWER ST SUITE 560
LOS ANGELES
,
CA
90017
MICHAEL NEWKIRK
TRUSTEE
2.00
5,000
0
0
700 S FLOWER ST SUITE 560
LOS ANGELES
,
CA
90017
PAULA DANIELS
TRUSTEE
2.00
5,000
0
0
700 S FLOWER ST SUITE 560
LOS ANGELES
,
CA
90017
THEODORE AVERY
TRUSTEE
2.00
5,000
0
0
700 S FLOWER ST SUITE 560
LOS ANGELES
,
CA
90017
VERA DEVERA
TRUSTEE
2.00
5,000
0
0
700 S FLOWER ST SUITE 560
LOS ANGELES
,
CA
90017
CLAIRE PEEPS
EXECUTIVE DIRECTOR
40.00
222,055
26,000
0
700 S FLOWER ST SUITE 560
LOS ANGELES
,
CA
90017
2
Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a)
Name and address of each employee paid more than $50,000
(b)
Title, and average
hours per week
devoted to position
(c)
Compensation
(d)
Contributions to
employee benefit
plans and deferred
compensation
(e)
Expense account,
other allowances
STELLA CHUNG
PROGRAM MANAGER
40.00
62,125
11,183
0
700 S FLOWER ST SUITE 560
LOS ANGELES
,
CA
90017
MARY CRUZ
PROGRAM MANAGER
40.00
62,125
7,155
0
700 S FLOWER ST SUITE 560
LOS ANGELES
,
CA
90017
Total
number of other employees paid over $50,000
...................
0
Form
990-PF
(2020)
Page 7
Form 990-PF (2020)
Page
7
Part VIII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
(continued)
3
Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a)
Name and address of each person paid more than $50,000
(b)
Type of service
(c)
Compensation
ANGELES INVESTMENT ADVISORS
INVESTMENT SERVICES
172,876
429 SANTA MONICA BLVD SUITE 650
SANTA MONICA
,
CA
90401
Total
number of others receiving over $50,000 for professional services
.............
0
Part IX-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.
Expenses
1
SPRINGBOARD PROGRAMS - BRAIN TRUST MEETINGS AND MENTORING FEES.
60,179
2
COURAGE TO LEAD - PROVIDES LEADERSHIP TRAINING, NURTURING AND RENEWAL FOR NONPROFIT EXECUTIVE LEADERS THROUGH A YEAR-LONG PROGRAM THAT CONSISTS OF QUARTERLY RETREATS.
17,250
3
SABBATICAL - RETREAT, FACILITATOR FEES, AND AWARD CEREMONY.
9,713
4
STANTON FELLOWSHIP - RETREAT, QUARTERLY MEETINGS, PROGRAM EVALUATION, AND AWARDS CEREMONY.
9,500
Part IX-B
Summary of Program-Related Investments
(see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.
Amount
1
2
All other program-related investments. See instructions.
3
Total.
Add lines 1 through 3
.........................
0
Form
990-PF
(2020)
Page 8
Form 990-PF (2020)
Page
8
Part X
Minimum Investment Return
(All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities
...................
1a
52,938,189
b
Average of monthly cash balances
.......................
1b
497,801
c
Fair market value of all other assets (see instructions)
................
1c
376,904
d
Total
(add lines 1a, b, and c)
.........................
1d
53,812,894
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation)
.............
1e
0
2
Acquisition indebtedness applicable to line 1 assets
..................
2
0
3
Subtract line 2 from line 1d
.........................
3
53,812,894
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
807,193
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
53,005,701
6
Minimum investment return.
Enter 5% of line 5
..................
6
2,650,285
Part XI
Distributable Amount
(see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here
and do not complete this part.)
1
Minimum investment return from Part X, line 6
....................
1
2,650,285
2a
Tax on investment income for 2020 from Part VI, line 5
......
2a
97,676
b
Income tax for 2020. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
97,676
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
2,552,609
4
Recoveries of amounts treated as qualifying distributions
................
4
0
5
Add lines 3 and 4
............................
5
2,552,609
6
Deduction from distributable amount (see instructions)
.................
6
0
7
Distributable amount
as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1
...
7
2,552,609
Part XII
Qualifying Distributions
(see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26
..........
1a
2,769,530
b
Program-related investments—total from Part IX-B
..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes
...............................
2
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)
....................
3a
b
Cash distribution test (attach the required schedule)
.................
3b
4
Qualifying distributions.
Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
4
2,769,530
5
Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
income. Enter 1% of Part I, line 27b. See instructions
.................
5
0
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
2,769,530
Note:
The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.
Form
990-PF
(2020)
Page 9
Form 990-PF (2020)
Page
9
Part XIII
Undistributed Income
(see instructions)
(a)
Corpus
(b)
Years prior to 2019
(c)
2019
(d)
2020
1
Distributable amount for 2020 from Part XI, line 7
2,552,609
2
Undistributed income, if any, as of the end of 2020:
a
Enter amount for 2019 only
.......
0
b
Total for prior years:
20
,
20
,
20
0
3
Excess distributions carryover, if any, to 2020:
a
From 2015
......
b
From 2016
......
c
From 2017
......
d
From 2018
......
213,214
e
From 2019
......
f
Total
of lines 3a through e
........
213,214
4
Qualifying distributions for 2020 from Part
XII, line 4:
$
2,769,530
a
Applied to 2019, but not more than line 2a
0
b
Applied to undistributed income of prior years
(Election required—see instructions)
.....
0
c
Treated as distributions out of corpus (Election
required—see instructions)
........
0
d
Applied to 2020 distributable amount
.....
2,552,609
e
Remaining amount distributed out of corpus
216,921
5
Excess distributions carryover applied to 2020.
0
0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter the net total of each column as
indicated below:
a
Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
430,135
b
Prior years’ undistributed income. Subtract
line 4b from line 2b
..........
0
c
Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed
......
0
d
Subtract line 6c from line 6b. Taxable amount
—see instructions
...........
0
e
Undistributed income for 2019. Subtract line
4a from line 2a. Taxable amount—see
instructions
.............
0
f
Undistributed income for 2020. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2021
..........
0
7
Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions)
.......
0
8
Excess distributions carryover from 2015 not
applied on line 5 or line 7 (see instructions)
...
0
9
Excess distributions carryover to 2021.
Subtract lines 7 and 8 from line 6a
......
430,135
10
Analysis of line 9:
a
Excess from 2016
....
b
Excess from 2017
....
c
Excess from 2018
....
213,214
d
Excess from 2019
....
e
Excess from 2020
....
216,921
Form
990-PF
(2020)
Page 10
Form 990-PF (2020)
Page
10
Part XIV
Private Operating Foundations
(see instructions and Part VII-A, question 9)
1a
If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2020, enter the date of the ruling
.......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(j)(5)
2a
Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part X for each
year listed
..........
Tax year
Prior 3 years
(e) Total
(a)
2020
(b)
2019
(c)
2018
(d)
2017
b
85% of line 2a
.........
c
Qualifying distributions from Part XII,
line 4 for each year listed
.....
d
Amounts included in line 2c not used directly
for active conduct of exempt activities
..........
e
Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c
....
3
Complete 3a, b, or c for the
alternative test relied upon:
a
“Assets" alternative test—enter:
(1)
Value of all assets
......
(2)
Value of assets qualifying
under section 4942(j)(3)(B)(i)
b
“Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part X, line 6 for each year listed
...
c
“Support" alternative test—enter:
(1)
Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties)
....
(2)
Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)
....
(3)
Largest amount of support
from an exempt organization
(4)
Gross investment income
Part XV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1
Information Regarding Foundation Managers:
a
List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
b
List any managers of the foundation who own 10% or more 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.
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
a
The name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
CLAIRE PEEPS
700 S FLOWER ST SUITE 560
LOS ANGELES
,
CA
90017
(310) 899-5120
b
The form in which applications should be submitted and information and materials they should include:
LETTER FORM - GO TO HTTPS://DURFEE.ORG/
c
Any submission deadlines:
NO
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
GO TO HTTPS://DURFEE.ORG/
Form
990-PF
(2020)
Page 11
Form 990-PF (2020)
Page
11
Part XV
Supplementary Information
(continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient
If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
a
Paid during the year
18TH STREET ARTS CENTER
1639 18TH STREET
SANTA MONICA
,
CA
90404
PC
GENERAL OPERATING
5,000
A NEW WAY OF LIFE RE-ENTRY PROJECT
PO BOX 875288
LOS ANGELES
,
CA
90087
PC
GENERAL OPERATING
5,000
A PLACE CALLED HOME
2830 S CENTRAL AVE
LOS ANGELES
,
CA
90011
PC
GENERAL OPERATING
5,000
A WORLD FIT FOR KIDS
678 S LAFAYETTE PARK PLACE
LOS ANGELES
,
CA
90057
PC
GENERAL OPERATING
5,000
ALL PEOPLES COMMUNITY CENTER
822 EAST 20TH STREET
LOS ANGELES
,
CA
90011
PC
GENERAL OPERATING
5,000
ARMORY CENTER FOR THE ARTS
145 N RAYMOND AVE
PASADENA
,
CA
91103
PC
GENERAL OPERATING
5,000
ARTWORXLA
1140 N CITRUS AVENUE
LOS ANGELES
,
CA
90038
PC
GENERAL OPERATING
5,000
ASIAN PACIFIC HEALTH CARE VENTURE INC
4216 FOUNTAIN AVENUE
LOS ANGELES
,
CA
90029
PC
GENERAL OPERATING
5,000
BARRIO ACTION YOUTH & FAMILY CENTER
4927 HUNTINGTON DRIVE SUITE 200
LOS ANGELES
,
CA
90032
PC
GENERAL OPERATING
5,000
BIENESTAR
5326 E BEVERLY BLVD
LOS ANGELES
,
CA
90022
PC
GENERAL OPERATING
5,000
CALIFORNIA COMMON CAUSE
453 S SPRING STREET SUITE 401
LOS ANGELES
,
CA
90013
PC
GENERAL OPERATING
5,000
CALNONPROFITS
PO BOX 95010
CAPITOLA
,
CA
95010
PC
GENERAL OPERATING
25,000
CDTECH
520 W 23RD STREET
LOS ANGELES
,
CA
90007
PC
GENERAL OPERATING
5,000
CENTER FOR NONPROFIT MANAGEMENT
1000 N ALAMEDA ST SUITE 250
LOS ANGELES
,
CA
90012
PC
GENERAL OPERATING
20,000
CENTER FOR THE PACIFIC ASIAN FAMILY
3424 WILSHIRE BLVD SUITE 1000
LOS ANGELES
,
CA
90010
PC
GENERAL OPERATING
5,000
CHILDREN'S LAW CENTER OF CALIFORNIA
701 CENTRE PLAZA DRIVE
MONTEREY PARK
,
CA
91754
PC
GENERAL OPERATING
5,000
CLIMATE RESOLVE
525 S HEWITT STREET
LOS ANGELES
,
CA
90013
PC
GENERAL OPERATING
5,000
COALITION FOR CLEAN AIR
800 WILSHIRE BLVD SUITE 1010
LOS ANGELES
,
CA
90017
PC
GENERAL OPERATING
5,000
COALITION FOR RESPONSIBLE COMMUNITY DEVELOPMENT
3101 S GRAND AVENUE
LOS ANGELES
,
CA
90007
PC
STANTON FELLOWSHIP
67,064
COMMUNITY COALITION
8101 S VERMONT AVENUE
LOS ANGELES
,
CA
90044
PC
STANTON FELLOWSHIP
44,954
COMMUNITY CONSERVATION SOLUTIONS
2554 LINCOLN BLVD
LOS ANGELES
,
CA
90291
PC
GENERAL OPERATING
5,000
COMMUNITY HEALTH ALLIANCE OF PASADENA
455 W MONTANA STREET
PASADENA
,
CA
91103
PC
GENERAL OPERATING
5,000
COMMUNITY PARTNERS
1000 N ALAMEDA ST SUITE 240
LOS ANGELES
,
CA
90012
PC
STANTON FELLOWSHIP
47,569
COMMUNITY PARTNERS
1000 N ALAMEDA ST SUITE 240
LOS ANGELES
,
CA
90012
PC
GENERAL OPERATING
58,000
CREATIVE VISIONS FOUNDATION
18820 PACIFIC COAST HWY SUITE 201
MALIBU
,
CA
90265
PC
SPRINGBOARD FUND
35,000
CREATIVE VISIONS FOUNDATION
18820 PACIFIC COAST HWY SUITE 201
MALIBU
,
CA
90265
PC
SPRINGBOARD FUND
35,000
CROSSROADS INC
PO BOX 15
CLAREMONT
,
CA
91711
PC
GENERAL OPERATING
5,000
CULTIVALA
1723 JAMES WOOD BLVD
LOS ANGELES
,
CA
90015
PC
SPRINGBOARD FUND
35,000
EARTHWATCH INSTITUTE
1380 SOLDIERS FIELD ROAD
BOSTON
,
MA
02135
PC
GENERAL OPERATING
100,000
EAST LOS ANGELES WOMEN'S CENTER
1431 S ATLANTIC BLVD
LOS ANGELES
,
CA
90022
PC
GENERAL OPERATING
5,000
EL CENTRO DE AYUDA
2130 E 1ST STREET SUITE 110
LOS ANGELES
,
CA
90033
PC
GENERAL OPERATING
5,000
ENGAGE
240 E VERDUGO AVENUE SUITE 100
BURBANK
,
CA
91502
PC
GENERAL OPERATING
5,000
ESPERANZA COMMUNITY HOUSING CORPORATION
3655 S GRAND AVENUE SUITE 280
LOS ANGELES
,
CA
90007
PC
GENERAL OPERATING
5,000
ETTA ISRAEL CENTER
5023 BLUEBELL AVENUE
VALLEY VILLAGE
,
CA
91607
PC
GENERAL OPERATING
5,000
EXED
11858 LAGRANGE AVENUE 2ND FLOOR
LOS ANGELES
,
CA
90025
PC
GENERAL OPERATING
5,000
FRACTURED ATLAS
228 PARK AVENUE S NO 56651
NEW YORK
,
NY
10003
PC
STANTON FELLOWSHIP
60,000
HEART OF LOS ANGELES
2701 WILSHIRE BLVD SUITE 100
LOS ANGELES
,
CA
90057
PC
GENERAL OPERATING
5,000
HOMEBOY INDUSTRIES
130 W BRUNO STREET
LOS ANGELES
,
CA
90012
PC
GENERAL OPERATING
5,000
INCLUSIVE ACTIOIN FOR THE CITY
2900 E CESAR CHAVEZ AVENUE
LOS ANGELES
,
CA
90033
PC
PILOT PROGRAM
30,000
INNER CITY LAW CENTER
1309 E SEVENTH STREET
LOS ANGELES
,
CA
90021
PC
GENERAL OPERATING
5,000
INNERCITY STRUGGLE
530 SOUTH BOYLE AVENUE
LOS ANGELES
,
CA
90033
PC
GENERAL OPERATING
5,000
JOBS TO MOVE AMERICA
525 S HEWITT STREET
LOS ANGELES
,
CA
90013
PC
GENERAL OPERATING
5,000
JWCH INSTITUTE
5650 JILLSON STREET
COMMERCE
,
CA
90040
PC
GENERAL OPERATING
5,000
KOREATOWN YOUTH & COMMUNITY CENTER
3727 W 6TH STREET SUITE 300
LOS ANGELES
,
CA
90020
PC
GENERAL OPERATING
5,000
LA COMPOST
221 W AVE 45
LOS ANGELES
,
CA
90065
PC
SPRINGBOARD FUND
125,000
LA COMPOST
221 W AVE 45
LOS ANGELES
,
CA
90065
PC
PILOT PROGRAM
30,000
LA FAMILY HOUSING
7843 LANKERSHIM BLVD
NORTH HOLLYWOOD
,
CA
91605
PC
GENERAL OPERATING
5,000
LA MAS
2806 CLEARWATER STREET
LOS ANGELES
,
CA
90039
PC
SPRINGBOARD FUND
125,000
LA MAS
2806 CLEARWATER STREET
LOS ANGELES
,
CA
90039
PC
PILOT PROGRAM
30,000
LEADING FROM WITHIN
PO BOX 806
SANTA BARBARA
,
CA
93102
PC
GENERAL OPERATING
10,000
LEGAL AID FOUNDATION OF LOS ANGELES
1550 WEST 8TH STREET
LOS ANGELES
,
CA
90017
PC
GENERAL OPERATING
5,000
LIBERTY HILL FOUNDATION
6420 WILSHIRE BLVD SUITE 700
LOS ANGELES
,
CA
90064
PC
STANTON FELLOWSHIP
11,357
LIBERTY HILL FOUNDATION
6420 WILSHIRE BLVD SUITE 700
LOS ANGELES
,
CA
90064
PC
GENERAL OPERATING
5,000
LOS ANGELES ALIANCE FOR A NEW ECONOMY
464 LUCAS AVENUE SUITE 202
LOS ANGELES
,
CA
90017
PC
SPRINGBOARD FUND
35,000
LOS ANGELES COMMUNITY ACTION NETWORK
456 S MAIN STREET GROUND FLOOR
LOS ANGELES
,
CA
90013
PC
GENERAL OPERATING
5,000
LOS ANGELES CONSERVANCY
523 W SIXTH STREET SUITE 826
LOS ANGELES
,
CA
90014
PC
GENERAL OPERATING
5,000
LOST ANGELS CHILDREN'S PROJECT
45059 TREVOR AVE
LANCASTER
,
CA
93534
PC
SPRINGBOARD FUND
125,000
MATERNAL & CHILD HEALTH ACCESS
1111 W 6TH STREET 4TH FLOOR
LOS ANGELES
,
CA
90017
PC
GENERAL OPERATING
5,000
MAZON
10495 SANTA MONICA BLVD SUITE 100
LOS ANGELES
,
CA
90025
PC
GENERAL OPERATING
5,000
MENTAL HEALTH ADVOCACY SERVICES INC
3255 WILSHIRE BLVD SUITE 902
LOS ANGELES
,
CA
90010
PC
GENERAL OPERATING
5,000
NALEO EDUCATIONAL FUND
1122 W WASHINGTON BLVD 3RD FLOOR
LOS ANGELES
,
CA
90015
PC
GENERAL OPERATING
5,000
NATIONAL IMMIGRATION LAW CENTER
3435 WILSHIRE BLVD SUITE 1600
LOS ANGELES
,
CA
90010
PC
STANTON FELLOWSHIP
11,881
NATIONAL IMMIGRATION LAW CENTER
3435 WILSHIRE BLVD SUITE 1600
LOS ANGELES
,
CA
90010
PC
GENERAL OPERATING
5,000
NO LIMITS
9801 WILSHIRE BLVD 2ND FLOOR
CULVER CITY
,
CA
90232
PC
GENERAL OPERATING
5,000
PEACE OVER VIOLENCE
1015 WILSHIRE BLVD SUITE 200
LOS ANGELES
,
CA
90017
PC
GENERAL OPERATING
5,000
PILIPINO WORKERS CENTER OF SOUTHERN CALIFORNIA
153 GLENDALE BLVD 1ST FLOOR
LOS ANGELES
,
CA
90026
PC
GENERAL OPERATING
5,000
PREVENTION INSTITUTE
4315 LEIMERT BLVD
LOS ANGELES
,
CA
90008
PC
STANTON FELLOWSHIP
13,671
PREVENTION INSTITUTE
4315 LEIMERT BLVD
LOS ANGELES
,
CA
90008
PC
GENERAL OPERATING
5,000
PROJECTQ
818 N SPRING ST 100
LOS ANGELES
,
CA
90012
PC
SPRINGBOARD FUND
70,000
PROYECTO PASTORAL
135 N MISSION ROAD
LOS ANGELES
,
CA
90033
PC
GENERAL OPERATING
5,000
REGENTS OF THE UNIVERSITY OF CALIFORNIA
S545 STUDENT SERVICES BLVD MC 1900
BERKELEY
,
CA
94720
PC
GENERAL OPERATING
10,000
ROCKEFELLER PHILANTHROPY ADVISORS
6 WEST 48TH STREET 10TH FLOOR
NEW YORK
,
NY
10036
PC
GENERAL OPERATING
5,000
SOCIAL & ENVIRONMENTAL ENTREPRENEURS
23564 CALABASAS SUITE 201
CALABASAS
,
CA
91302
PC
STANTON FELLOWSHIP
145,000
SOCIAL & ENVIRONMENTAL ENTREPRENEURS
23564 CALABASAS SUITE 201
CALABASAS
,
CA
91302
PC
SPRINGBOARD FUND
70,000
SOCIAL & ENVIRONMENTAL ENTREPRENEURS
23564 CALABASAS SUITE 201
CALABASAS
,
CA
91302
PC
TRUST-BASED PHILANTHROPY PROJECT
25,000
ST JOSEPH CENTER
204 HAMPTON DRIVE
VENICE
,
CA
90291
PC
GENERAL OPERATING
5,000
STRATEGIC CONCEPTS IN ORGANIZING & POLICY EDUCATION (SCOPE)
1715 W FLORENCE AVENUE
LOS ANGELES
,
CA
90047
PC
GENERAL OPERATING
5,000
THE CHILDREN'S CLINIC
701 E 28TH STREET
LONG BEACH
,
CA
90806
PC
GENERAL OPERATING
5,000
THE COALITION TO ABOLISH SLAVERY & TRAFFICKING
3580 WILSHIRE BLVD SUITE 900-37
LOS ANGELES
,
CA
90010
PC
GENERAL OPERATING
5,000
THE MAYOR'S FUND FOR LOS ANGELES
1801 W OLYMPIC BLVD
PASADENA
,
CA
91199
PC
GENERAL OPERATING
10,000
THE PEOPLE CONCERN
2116 ARLINGTON AVE SUITE 100
LOS ANGELES
,
CA
90018
PC
GENERAL OPERATING
5,000
THE SPECTRUM WORKS
3579 E FOOTHILL BLVD 220
PASADENA
,
CA
91107
PC
SPRINGBOARD FUND
70,000
TSNE MISSIONWORKS
89 SOUTH STREET SUITE 700
BOSTON
,
MA
02111
PC
GENERAL OPERATING
10,000
UNITED WAY OF GREATER LOS ANGELES
1150 S OLIVE STREET SUITE T500
LOS ANGELES
,
CA
90015
PC
STANTON FELLOWSHIP
38,286
URBAN VOICES PROJECT
420 S SAN PEDRO STREET SUITE 423
LOS ANGELES
,
CA
90013
PC
SPRINGBOARD FUND
35,000
URBAN VOICES PROJECT
420 S SAN PEDRO STREET SUITE 423
LOS ANGELES
,
CA
90013
PC
SPRINGBOARD FUND
35,000
VENICE FAMILY CLINIC
604 ROSE AVENUE
LOS ANGELES
,
CA
90291
PC
GENERAL OPERATING
5,000
WESTERN REGION THE ACTORS FUND
5757 WILSHIRE BLVD SUITE 400
LOS ANGELES
,
CA
90036
PC
GENERAL OPERATING
5,000
YIDDISHKAYT
3780 WILSHIRE BLVD
LOS ANGELES
,
CA
90010
PC
GENERAL OPERATING
5,000
Total
.................................
3a
1,872,782
b
Approved for future payment
COALITION FOR RESPONSIBLE COMMUNITY DEVELOPMENT
3101 S GRAND AVENUE
LOS ANGELES
,
CA
90007
PC
STANTON FELLOWSHIP
42,936
COMMUNITY COALITION
8101 S VERMONT AVENUE
LOS ANGELES
,
CA
90044
PC
STANTON FELLOWSHIP
65,046
CULTIVALA
1723 JAMES WOOD BLVD
LOS ANGELES
,
CA
90015
PC
SPRINGBOARD FUND
35,000
FRACTURED ATLAS
228 PARK AVENUE S NO 56651
NEW YORK
,
NY
10003
PC
STANTON FELLOWSHIP
50,000
LOS ANGELES ALIANCE FOR A NEW ECONOMY
464 LUCAS AVENUE SUITE 202
LOS ANGELES
,
CA
90017
PC
SPRINGBOARD FUND
35,000
LOST ANGELS CHILDREN'S PROJECT
45059 TREVOR AVE
LANCASTER
,
CA
93534
PC
SPRINGBOARD FUND
50,000
REGENTS OF THE UNIVERSITY OF CALIFORNIA
S545 STUDENT SERVICES BLVD MC 1900
BERKELEY
,
CA
94720
PC
GENERAL OPERATING
10,000
SOCIAL & ENVIRONMENTAL ENTREPRENEURS
23564 CALABASAS SUITE 201
CALABASAS
,
CA
91302
PC
STANTON FELLOWSHIP
75,000
UNITED WAY OF GREATER LOS ANGELES
1150 S OLIVE STREET SUITE T500
LOS ANGELES
,
CA
90015
PC
STANTON FELLOWSHIP
71,714
Total
.................................
3b
434,696
Form
990-PF
(2020)
Page 12
Form 990-PF (2020)
Page
12
Part XVI-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated.
Unrelated business income
Excluded by section 512, 513, or 514
(e)
Related or exempt
function income
(See instructions.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees and contracts from government agencies
2
Membership dues and assessments
....
3
Interest on savings and temporary cash
investments
...........
14
158
4
Dividends and interest from securities
....
14
116,182
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not debt-financed property
.....
6
Net rental income or (loss) from personal property
7
Other investment income
.....
8
Gain or (loss) from sales of assets other than
inventory
............
900099
123
18
6,290,186
9
Net income or (loss) from special events:
10
Gross profit or (loss) from sales of inventory
11
Other revenue:
a
PARTNERSHIP INCOME / (LOSS)
900099
28
14
888,214
b
c
d
e
12
Subtotal. Add columns (b), (d), and (e)
..
151
7,294,740
0
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
7,294,891
(See worksheet in line 13 instructions to verify calculations.)
Part XVI-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form
990-PF
(2020)
Page 13
Form 990-PF (2020)
Page
13
Part XVII
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1)
Cash
...................................
1a(1)
No
(2)
Other assets
.................................
1a(2)
No
b
Other transactions:
(1)
Sales of assets to a noncharitable exempt organization
....................
1b(1)
No
(2)
Purchases of assets from a noncharitable exempt organization
..................
1b(2)
No
(3)
Rental of facilities, equipment, or other assets
.......................
1b(3)
No
(4)
Reimbursement arrangements
...........................
1b(4)
No
(5)
Loans or loan guarantees
.............................
1b(5)
No
(6)
Performance of services or membership or fundraising solicitations
................
1b(6)
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees
..............
1c
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column
(b)
should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column
(d)
the value of the goods, other assets, or services received.
(a)
Line No.
(b)
Amount involved
(c)
Name of noncharitable exempt organization
(d)
Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527?
...........
Yes
No
b
If "Yes," complete the following schedule.
(a)
Name of organization
(b)
Type of organization
(c)
Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
2021-11-10
May the IRS discuss this return
with the preparer shown below?
See instructions.
Yes
No
Signature of officer or trustee
Date
Title
Paid Preparer Use Only
Print/Type preparer's name
JUAN P LOPEZ CPA
Preparer's Signature
Date
2021-11-10
Check if self-
employed
PTIN
P01367411
Firm's name
LOPEZ ACCOUNTING GROUP
Firm's EIN
81-2737245
Firm's address
3500 WEST OLIVE AVENUE SUITE 680
BURBANK
,
CA
91505
Phone no.
(818) 840-7075
Form
990-PF
(2020)
Additional Data
Software ID:
Software Version:
Form 990PF - Special Condition Description:
Special Condition Description
Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient
If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
a
Paid during the year
18TH STREET ARTS CENTER
1639 18TH STREET
SANTA MONICA
,
CA
90404
PC
GENERAL OPERATING
5,000
A NEW WAY OF LIFE RE-ENTRY PROJECT
PO BOX 875288
LOS ANGELES
,
CA
90087
PC
GENERAL OPERATING
5,000
A PLACE CALLED HOME
2830 S CENTRAL AVE
LOS ANGELES
,
CA
90011
PC
GENERAL OPERATING
5,000
A WORLD FIT FOR KIDS
678 S LAFAYETTE PARK PLACE
LOS ANGELES
,
CA
90057
PC
GENERAL OPERATING
5,000
ALL PEOPLES COMMUNITY CENTER
822 EAST 20TH STREET
LOS ANGELES
,
CA
90011
PC
GENERAL OPERATING
5,000
ARMORY CENTER FOR THE ARTS
145 N RAYMOND AVE
PASADENA
,
CA
91103
PC
GENERAL OPERATING
5,000
ARTWORXLA
1140 N CITRUS AVENUE
LOS ANGELES
,
CA
90038
PC
GENERAL OPERATING
5,000
ASIAN PACIFIC HEALTH CARE VENTURE INC
4216 FOUNTAIN AVENUE
LOS ANGELES
,
CA
90029
PC
GENERAL OPERATING
5,000
BARRIO ACTION YOUTH & FAMILY CENTER
4927 HUNTINGTON DRIVE SUITE 200
LOS ANGELES
,
CA
90032
PC
GENERAL OPERATING
5,000
BIENESTAR
5326 E BEVERLY BLVD
LOS ANGELES
,
CA
90022
PC
GENERAL OPERATING
5,000
CALIFORNIA COMMON CAUSE
453 S SPRING STREET SUITE 401
LOS ANGELES
,
CA
90013
PC
GENERAL OPERATING
5,000
CALNONPROFITS
PO BOX 95010
CAPITOLA
,
CA
95010
PC
GENERAL OPERATING
25,000
CDTECH
520 W 23RD STREET
LOS ANGELES
,
CA
90007
PC
GENERAL OPERATING
5,000
CENTER FOR NONPROFIT MANAGEMENT
1000 N ALAMEDA ST SUITE 250
LOS ANGELES
,
CA
90012
PC
GENERAL OPERATING
20,000
CENTER FOR THE PACIFIC ASIAN FAMILY
3424 WILSHIRE BLVD SUITE 1000
LOS ANGELES
,
CA
90010
PC
GENERAL OPERATING
5,000
CHILDREN'S LAW CENTER OF CALIFORNIA
701 CENTRE PLAZA DRIVE
MONTEREY PARK
,
CA
91754
PC
GENERAL OPERATING
5,000
CLIMATE RESOLVE
525 S HEWITT STREET
LOS ANGELES
,
CA
90013
PC
GENERAL OPERATING
5,000
COALITION FOR CLEAN AIR
800 WILSHIRE BLVD SUITE 1010
LOS ANGELES
,
CA
90017
PC
GENERAL OPERATING
5,000
COALITION FOR RESPONSIBLE COMMUNITY DEVELOPMENT
3101 S GRAND AVENUE
LOS ANGELES
,
CA
90007
PC
STANTON FELLOWSHIP
67,064
COMMUNITY COALITION
8101 S VERMONT AVENUE
LOS ANGELES
,
CA
90044
PC
STANTON FELLOWSHIP
44,954
COMMUNITY CONSERVATION SOLUTIONS
2554 LINCOLN BLVD
LOS ANGELES
,
CA
90291
PC
GENERAL OPERATING
5,000
COMMUNITY HEALTH ALLIANCE OF PASADENA
455 W MONTANA STREET
PASADENA
,
CA
91103
PC
GENERAL OPERATING
5,000
COMMUNITY PARTNERS
1000 N ALAMEDA ST SUITE 240
LOS ANGELES
,
CA
90012
PC
STANTON FELLOWSHIP
47,569
COMMUNITY PARTNERS
1000 N ALAMEDA ST SUITE 240
LOS ANGELES
,
CA
90012
PC
GENERAL OPERATING
58,000
CREATIVE VISIONS FOUNDATION
18820 PACIFIC COAST HWY SUITE 201
MALIBU
,
CA
90265
PC
SPRINGBOARD FUND
35,000
CREATIVE VISIONS FOUNDATION
18820 PACIFIC COAST HWY SUITE 201
MALIBU
,
CA
90265
PC
SPRINGBOARD FUND
35,000
CROSSROADS INC
PO BOX 15
CLAREMONT
,
CA
91711
PC
GENERAL OPERATING
5,000
CULTIVALA
1723 JAMES WOOD BLVD
LOS ANGELES
,
CA
90015
PC
SPRINGBOARD FUND
35,000
EARTHWATCH INSTITUTE
1380 SOLDIERS FIELD ROAD
BOSTON
,
MA
02135
PC
GENERAL OPERATING
100,000
EAST LOS ANGELES WOMEN'S CENTER
1431 S ATLANTIC BLVD
LOS ANGELES
,
CA
90022
PC
GENERAL OPERATING
5,000
EL CENTRO DE AYUDA
2130 E 1ST STREET SUITE 110
LOS ANGELES
,
CA
90033
PC
GENERAL OPERATING
5,000
ENGAGE
240 E VERDUGO AVENUE SUITE 100
BURBANK
,
CA
91502
PC
GENERAL OPERATING
5,000
ESPERANZA COMMUNITY HOUSING CORPORATION
3655 S GRAND AVENUE SUITE 280
LOS ANGELES
,
CA
90007
PC
GENERAL OPERATING
5,000
ETTA ISRAEL CENTER
5023 BLUEBELL AVENUE
VALLEY VILLAGE
,
CA
91607
PC
GENERAL OPERATING
5,000
EXED
11858 LAGRANGE AVENUE 2ND FLOOR
LOS ANGELES
,
CA
90025
PC
GENERAL OPERATING
5,000
FRACTURED ATLAS
228 PARK AVENUE S NO 56651
NEW YORK
,
NY
10003
PC
STANTON FELLOWSHIP
60,000
HEART OF LOS ANGELES
2701 WILSHIRE BLVD SUITE 100
LOS ANGELES
,
CA
90057
PC
GENERAL OPERATING
5,000
HOMEBOY INDUSTRIES
130 W BRUNO STREET
LOS ANGELES
,
CA
90012
PC
GENERAL OPERATING
5,000
INCLUSIVE ACTIOIN FOR THE CITY
2900 E CESAR CHAVEZ AVENUE
LOS ANGELES
,
CA
90033
PC
PILOT PROGRAM
30,000
INNER CITY LAW CENTER
1309 E SEVENTH STREET
LOS ANGELES
,
CA
90021
PC
GENERAL OPERATING
5,000
INNERCITY STRUGGLE
530 SOUTH BOYLE AVENUE
LOS ANGELES
,
CA
90033
PC
GENERAL OPERATING
5,000
JOBS TO MOVE AMERICA
525 S HEWITT STREET
LOS ANGELES
,
CA
90013
PC
GENERAL OPERATING
5,000
JWCH INSTITUTE
5650 JILLSON STREET
COMMERCE
,
CA
90040
PC
GENERAL OPERATING
5,000
KOREATOWN YOUTH & COMMUNITY CENTER
3727 W 6TH STREET SUITE 300
LOS ANGELES
,
CA
90020
PC
GENERAL OPERATING
5,000
LA COMPOST
221 W AVE 45
LOS ANGELES
,
CA
90065
PC
SPRINGBOARD FUND
125,000
LA COMPOST
221 W AVE 45
LOS ANGELES
,
CA
90065
PC
PILOT PROGRAM
30,000
LA FAMILY HOUSING
7843 LANKERSHIM BLVD
NORTH HOLLYWOOD
,
CA
91605
PC
GENERAL OPERATING
5,000
LA MAS
2806 CLEARWATER STREET
LOS ANGELES
,
CA
90039
PC
SPRINGBOARD FUND
125,000
LA MAS
2806 CLEARWATER STREET
LOS ANGELES
,
CA
90039
PC
PILOT PROGRAM
30,000
LEADING FROM WITHIN
PO BOX 806
SANTA BARBARA
,
CA
93102
PC
GENERAL OPERATING
10,000
LEGAL AID FOUNDATION OF LOS ANGELES
1550 WEST 8TH STREET
LOS ANGELES
,
CA
90017
PC
GENERAL OPERATING
5,000
LIBERTY HILL FOUNDATION
6420 WILSHIRE BLVD SUITE 700
LOS ANGELES
,
CA
90064
PC
STANTON FELLOWSHIP
11,357
LIBERTY HILL FOUNDATION
6420 WILSHIRE BLVD SUITE 700
LOS ANGELES
,
CA
90064
PC
GENERAL OPERATING
5,000
LOS ANGELES ALIANCE FOR A NEW ECONOMY
464 LUCAS AVENUE SUITE 202
LOS ANGELES
,
CA
90017
PC
SPRINGBOARD FUND
35,000
LOS ANGELES COMMUNITY ACTION NETWORK
456 S MAIN STREET GROUND FLOOR
LOS ANGELES
,
CA
90013
PC
GENERAL OPERATING
5,000
LOS ANGELES CONSERVANCY
523 W SIXTH STREET SUITE 826
LOS ANGELES
,
CA
90014
PC
GENERAL OPERATING
5,000
LOST ANGELS CHILDREN'S PROJECT
45059 TREVOR AVE
LANCASTER
,
CA
93534
PC
SPRINGBOARD FUND
125,000
MATERNAL & CHILD HEALTH ACCESS
1111 W 6TH STREET 4TH FLOOR
LOS ANGELES
,
CA
90017
PC
GENERAL OPERATING
5,000
MAZON
10495 SANTA MONICA BLVD SUITE 100
LOS ANGELES
,
CA
90025
PC
GENERAL OPERATING
5,000
MENTAL HEALTH ADVOCACY SERVICES INC
3255 WILSHIRE BLVD SUITE 902
LOS ANGELES
,
CA
90010
PC
GENERAL OPERATING
5,000
NALEO EDUCATIONAL FUND
1122 W WASHINGTON BLVD 3RD FLOOR
LOS ANGELES
,
CA
90015
PC
GENERAL OPERATING
5,000
NATIONAL IMMIGRATION LAW CENTER
3435 WILSHIRE BLVD SUITE 1600
LOS ANGELES
,
CA
90010
PC
STANTON FELLOWSHIP
11,881
NATIONAL IMMIGRATION LAW CENTER
3435 WILSHIRE BLVD SUITE 1600
LOS ANGELES
,
CA
90010
PC
GENERAL OPERATING
5,000
NO LIMITS
9801 WILSHIRE BLVD 2ND FLOOR
CULVER CITY
,
CA
90232
PC
GENERAL OPERATING
5,000
PEACE OVER VIOLENCE
1015 WILSHIRE BLVD SUITE 200
LOS ANGELES
,
CA
90017
PC
GENERAL OPERATING
5,000
PILIPINO WORKERS CENTER OF SOUTHERN CALIFORNIA
153 GLENDALE BLVD 1ST FLOOR
LOS ANGELES
,
CA
90026
PC
GENERAL OPERATING
5,000
PREVENTION INSTITUTE
4315 LEIMERT BLVD
LOS ANGELES
,
CA
90008
PC
STANTON FELLOWSHIP
13,671
PREVENTION INSTITUTE
4315 LEIMERT BLVD
LOS ANGELES
,
CA
90008
PC
GENERAL OPERATING
5,000
PROJECTQ
818 N SPRING ST 100
LOS ANGELES
,
CA
90012
PC
SPRINGBOARD FUND
70,000
PROYECTO PASTORAL
135 N MISSION ROAD
LOS ANGELES
,
CA
90033
PC
GENERAL OPERATING
5,000
REGENTS OF THE UNIVERSITY OF CALIFORNIA
S545 STUDENT SERVICES BLVD MC 1900
BERKELEY
,
CA
94720
PC
GENERAL OPERATING
10,000
ROCKEFELLER PHILANTHROPY ADVISORS
6 WEST 48TH STREET 10TH FLOOR
NEW YORK
,
NY
10036
PC
GENERAL OPERATING
5,000
SOCIAL & ENVIRONMENTAL ENTREPRENEURS
23564 CALABASAS SUITE 201
CALABASAS
,
CA
91302
PC
STANTON FELLOWSHIP
145,000
SOCIAL & ENVIRONMENTAL ENTREPRENEURS
23564 CALABASAS SUITE 201
CALABASAS
,
CA
91302
PC
SPRINGBOARD FUND
70,000
SOCIAL & ENVIRONMENTAL ENTREPRENEURS
23564 CALABASAS SUITE 201
CALABASAS
,
CA
91302
PC
TRUST-BASED PHILANTHROPY PROJECT
25,000
ST JOSEPH CENTER
204 HAMPTON DRIVE
VENICE
,
CA
90291
PC
GENERAL OPERATING
5,000
STRATEGIC CONCEPTS IN ORGANIZING & POLICY EDUCATION (SCOPE)
1715 W FLORENCE AVENUE
LOS ANGELES
,
CA
90047
PC
GENERAL OPERATING
5,000
THE CHILDREN'S CLINIC
701 E 28TH STREET
LONG BEACH
,
CA
90806
PC
GENERAL OPERATING
5,000
THE COALITION TO ABOLISH SLAVERY & TRAFFICKING
3580 WILSHIRE BLVD SUITE 900-37
LOS ANGELES
,
CA
90010
PC
GENERAL OPERATING
5,000
THE MAYOR'S FUND FOR LOS ANGELES
1801 W OLYMPIC BLVD
PASADENA
,
CA
91199
PC
GENERAL OPERATING
10,000
THE PEOPLE CONCERN
2116 ARLINGTON AVE SUITE 100
LOS ANGELES
,
CA
90018
PC
GENERAL OPERATING
5,000
THE SPECTRUM WORKS
3579 E FOOTHILL BLVD 220
PASADENA
,
CA
91107
PC
SPRINGBOARD FUND
70,000
TSNE MISSIONWORKS
89 SOUTH STREET SUITE 700
BOSTON
,
MA
02111
PC
GENERAL OPERATING
10,000
UNITED WAY OF GREATER LOS ANGELES
1150 S OLIVE STREET SUITE T500
LOS ANGELES
,
CA
90015
PC
STANTON FELLOWSHIP
38,286
URBAN VOICES PROJECT
420 S SAN PEDRO STREET SUITE 423
LOS ANGELES
,
CA
90013
PC
SPRINGBOARD FUND
35,000
URBAN VOICES PROJECT
420 S SAN PEDRO STREET SUITE 423
LOS ANGELES
,
CA
90013
PC
SPRINGBOARD FUND
35,000
VENICE FAMILY CLINIC
604 ROSE AVENUE
LOS ANGELES
,
CA
90291
PC
GENERAL OPERATING
5,000
WESTERN REGION THE ACTORS FUND
5757 WILSHIRE BLVD SUITE 400
LOS ANGELES
,
CA
90036
PC
GENERAL OPERATING
5,000
YIDDISHKAYT
3780 WILSHIRE BLVD
LOS ANGELES
,
CA
90010
PC
GENERAL OPERATING
5,000
Total
...............................
3a
1,872,782
b
Approved for future payment
COALITION FOR RESPONSIBLE COMMUNITY DEVELOPMENT
3101 S GRAND AVENUE
LOS ANGELES
,
CA
90007
PC
STANTON FELLOWSHIP
42,936
COMMUNITY COALITION
8101 S VERMONT AVENUE
LOS ANGELES
,
CA
90044
PC
STANTON FELLOWSHIP
65,046
CULTIVALA
1723 JAMES WOOD BLVD
LOS ANGELES
,
CA
90015
PC
SPRINGBOARD FUND
35,000
FRACTURED ATLAS
228 PARK AVENUE S NO 56651
NEW YORK
,
NY
10003
PC
STANTON FELLOWSHIP
50,000
LOS ANGELES ALIANCE FOR A NEW ECONOMY
464 LUCAS AVENUE SUITE 202
LOS ANGELES
,
CA
90017
PC
SPRINGBOARD FUND
35,000
LOST ANGELS CHILDREN'S PROJECT
45059 TREVOR AVE
LANCASTER
,
CA
93534
PC
SPRINGBOARD FUND
50,000
REGENTS OF THE UNIVERSITY OF CALIFORNIA
S545 STUDENT SERVICES BLVD MC 1900
BERKELEY
,
CA
94720
PC
GENERAL OPERATING
10,000
SOCIAL & ENVIRONMENTAL ENTREPRENEURS
23564 CALABASAS SUITE 201
CALABASAS
,
CA
91302
PC
STANTON FELLOWSHIP
75,000
UNITED WAY OF GREATER LOS ANGELES
1150 S OLIVE STREET SUITE T500
LOS ANGELES
,
CA
90015
PC
STANTON FELLOWSHIP
71,714
Total
................................
3b
434,696