efile Public Visual Render
ObjectId: 202303189349104405 - Submission: 2023-11-14
TIN: 94-3334424
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. 1545-0047
20
22
Open to Public Inspection
For calendar year 2022, or tax year beginning
01-01-2022
, and ending
12-31-2022
Name of foundation
ROBERT AND RUTH HALPERIN FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)
ONE LOMBARD STREET 305
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAN FRANCISCO
,
CA
94111
A Employer identification number
94-3334424
B
Telephone number (see instructions)
(415) 834-9934
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)
$
138,997,994
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
4
Dividends and interest from securities
...
4,072,050
4,083,013
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
500,818
b
Gross sales price for all assets on line 6a
58,984,410
7
Capital gain net income (from Part IV, line 2)
...
865,272
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)
.......
List of Attached Documents:
// Content
43,497
0
12
Total.
Add lines 1 through 11
........
4,616,365
4,948,285
13
Compensation of officers, directors, trustees, etc.
16,246
478
15,768
14
Other employee salaries and wages
......
318,789
0
318,789
15
Pension plans, employee benefits
.......
62,477
1,515
60,962
16a
Legal fees (attach schedule)
.........
b
Accounting fees (attach schedule)
.......
List of Attached Documents:
// Content
10,700
8,025
2,675
c
Other professional fees (attach schedule)
....
List of Attached Documents:
// Content
556,849
473,585
83,264
17
Interest
...............
81,764
81,764
0
18
Taxes (attach schedule) (see instructions)
...
List of Attached Documents:
// Content
227,264
57,054
0
19
Depreciation (attach schedule) and depletion
...
20
Occupancy
..............
89,308
0
89,308
21
Travel, conferences, and meetings
.......
22
Printing and publications
..........
23
Other expenses (attach schedule)
.......
List of Attached Documents:
// Content
39,098
62,222
20,610
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
1,402,495
684,643
591,376
25
Contributions, gifts, grants paid
.......
8,231,090
8,231,090
26
Total expenses and disbursements.
Add lines 24 and 25
9,633,585
684,643
8,822,466
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
-5,017,220
b
Net investment income
(if negative, enter -0-)
4,263,642
c
Adjusted net income
(if negative, enter -0-)
...
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X
Form
990-PF
(2022)
Page 2
Form 990-PF (2022)
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
.............
222,872
102,145
102,145
2
Savings and temporary cash investments
.........
2,782,276
4,257,760
4,257,760
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
..........
5,000
5,000
10a
Investments—U.S. and state government obligations (attach schedule)
0
List of Attached Documents:
// Content
4,992,969
4,992,969
b
Investments—corporate stock (attach schedule)
.......
137,346,537
List of Attached Documents:
// Content
98,087,683
98,087,683
c
Investments—corporate bonds (attach schedule)
.......
35,935,889
List of Attached Documents:
// Content
26,632,930
26,632,930
11
Investments—land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
6,398,925
List of Attached Documents:
// Content
4,806,811
4,806,811
14
Land, buildings, and equipment: basis
Less: accumulated depreciation (attach schedule)
15
Other assets (describe
)
List of Attached Documents:
// Content
1,882
List of Attached Documents:
// Content
112,696
List of Attached Documents:
// Content
112,696
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
182,688,381
138,997,994
138,997,994
17
Accounts payable and accrued expenses
..........
92,989
77,797
18
Grants payable
.................
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
)
List of Attached Documents:
// Content
650,456
List of Attached Documents:
// Content
650,456
23
Total liabilities
(add lines 17 through 22)
.........
743,445
728,253
Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24
Net assets without donor restrictions
...........
181,944,936
138,269,741
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)
.....
181,944,936
138,269,741
30
Total liabilities and net assets/fund balances
(see instructions)
.
182,688,381
138,997,994
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
181,944,936
2
Enter amount from Part I, line 27a
.....................
2
-5,017,220
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3
..........................
4
176,927,716
5
Decreases not included in line 2 (itemize)
List of Attached Documents:
// Content
5
38,657,975
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
138,269,741
Form
990-PF
(2022)
Page 3
Form 990-PF (2022)
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
CHARLES SCHWAB (SHORT TERM)
2022-01-01
2022-12-31
b
CHARLES SCHWAB (LONG TERM)
2021-01-01
2022-12-31
c
CHARLES SCHWAB (SHORT TERM)
2022-01-01
2022-12-31
d
CHARLES SCHWAB (LONG TERM)
2021-01-01
2022-12-31
e
CHARLES SCHWAB - CAPITAL GAIN DISTRIBUTION
2021-01-01
2022-12-31
LONG TERM CAPITAL LOSS FROM PASSTHROUGHS
2021-01-01
2022-12-31
SHORT TERM CAPITAL GAINS FROM PASSTHROUGHS
2022-01-01
2022-12-31
J.P. MORGAN (SHORT TERM)
2022-01-01
2022-12-31
(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
16,931,016
17,354,636
-423,620
b
38,847,070
38,736,884
110,186
c
884,518
982,791
-98,273
d
1,048,201
832,072
216,129
e
470,789
470,789
212,744
-212,744
11
-11
802,816
802,816
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
-423,620
b
110,186
c
-98,273
d
216,129
e
470,789
-212,744
-11
802,816
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
865,272
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
Form
990-PF
(2022)
Page 4
Form 990-PF (2022)
Page
4
Part V
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)
1
59,265
b
All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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
59,265
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
59,265
6
Credits/Payments:
a
2022 estimated tax payments and 2021 overpayment credited to 2022
6a
130,009
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
200,009
8
Enter any
penalty
for underpayment of estimated tax.
Check here
if Form 2221 is attached.
List of Attached Documents:
// Content
8
1,050
9
Tax due.
If the total of lines 5 and 8 is more than line 7, enter
amount owed
.......
9
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
139,694
11
Enter the amount of line 10 to be:
Credited to 2023 estimated tax
139,694
Refunded
11
0
Part VI-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 XIV.
.................................
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 2022 or the taxable year beginning in 2022? See the instructions for Part XIII.
If "Yes," complete Part XIII
.............................
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
(2022)
Page 5
Form 990-PF (2022)
Page
5
Part VI-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
N/A
14
The books are in care of
KATHY SO
Telephone no.
(415) 529-5817
Located at
ONE LOMBARD STREET SUITE 305
SAN FRANCISCO
CA
ZIP+4
94111
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 2022, 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 VI-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?
...........
1a(1)
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
..............................
1a(2)
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
...........
1a(3)
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
............
1a(4)
Yes
(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)?
......................
1a(5)
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.)
...............
1a(6)
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
c
Organizations relying on a current notice regarding disaster assistance check here
........
d
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 2022?
.............
1d
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 2022, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2022?
....................
2a
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?
..............................
3a
No
b
If "Yes," did it have excess business holdings in 2022 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 2022.)
.....................
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 2022?
..
4b
No
Form
990-PF
(2022)
Page 6
Form 990-PF (2022)
Page
6
Part VI-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))?
..........
5a(1)
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
....................
5a(2)
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
.............
5a(3)
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions
........................
5a(4)
Yes
(5)
Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals?
.............
5a(5)
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
Yes
c
Organizations relying on a current notice regarding disaster assistance check
.........
d
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?
.................
5d
Yes
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
List of Attached Documents:
// Content
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract?
.............................
6a
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?
7a
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?
.........................
8
No
Part VII
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
PHILIP W HALPERIN
PRESIDENT
7.00
1,592
5,049
0
ONE LOMBARD STREET SUITE 305
SAN FRANCISCO
,
CA
94111
PEGGY ANNE DOW
SECRETARY
1.00
0
0
0
ONE LOMBARD STREET SUITE 305
SAN FRANCISCO
,
CA
94111
MAURINE S HALPERIN
DIRECTOR
1.00
0
0
0
ONE LOMBARD STREET SUITE 305
SAN FRANCISCO
,
CA
94111
JULIE KIDD
EXECUTIVE DIRECTOR THROUGH 1/2022
26.00
14,654
0
0
ONE LOMBARD STREET SUITE 305
SAN FRANCISCO
,
CA
94111
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
MACY PARKER
PROGRAM DIRECTOR
23.40
152,770
12,216
0
ONE LOMBARD STREET SUITE 305
SAN FRANCISCO
,
CA
94111
KATHLEEN SO
CONTROLLER
20.00
72,100
7,742
0
ONE LOMBARD STREET SUITE 305
SAN FRANCISCO
,
CA
94111
Total
number of other employees paid over $50,000
...................
0
Form
990-PF
(2022)
Page 7
Form 990-PF (2022)
Page
7
Part VII
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
GOLDSTEIN MUNGER & ASSOCIATES
INVESTMENT ADVISORY
473,585
18 CROWE CANYON COURT 250
SAN RAMON
,
CA
94583
EDUCATION FIRST CONSULTING LLC
CONSULTING SERVICES
80,000
PO BOX 22871
SEATTLE
,
WA
98122
Total
number of others receiving over $50,000 for professional services
.............
0
Part VIII-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
2
3
4
Part VIII-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
(2022)
Page 8
Form 990-PF (2022)
Page
8
Part IX
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
141,997,884
b
Average of monthly cash balances
.......................
1b
4,175,511
c
Fair market value of all other assets (see instructions)
................
1c
8,631,415
d
Total
(add lines 1a, b, and c)
.........................
1d
154,804,810
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
154,804,810
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions)
.............................
4
2,322,072
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3.
............
5
152,482,738
6
Minimum investment return.
Enter 5% (0.05) of line 5
................
6
7,624,137
Part X
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 IX, line 6
..................
1
7,624,137
2a
Tax on investment income for 2022 from Part V, line 5
.......
2a
59,265
b
Income tax for 2022. (This does not include the tax from Part V.)
...
2b
c
Add lines 2a and 2b
............................
2c
59,265
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
7,564,872
4
Recoveries of amounts treated as qualifying distributions
................
4
0
5
Add lines 3 and 4
............................
5
7,564,872
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 XII, line 1
...
7
7,564,872
Part XI
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
8,822,466
b
Program-related investments—total from Part VIII-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 XII, line 4.
.......
4
8,822,466
Form
990-PF
(2022)
Page 9
Form 990-PF (2022)
Page
9
Part XII
Undistributed Income
(see instructions)
(a)
Corpus
(b)
Years prior to 2021
(c)
2021
(d)
2022
1
Distributable amount for 2022 from Part X, line 7
7,564,872
2
Undistributed income, if any, as of the end of 2022:
a
Enter amount for 2021 only
.......
8,519,691
b
Total for prior years:
20
,
20
,
20
0
3
Excess distributions carryover, if any, to 2022:
a
From 2017
......
b
From 2018
......
c
From 2019
......
d
From 2020
......
e
From 2021
......
f
Total
of lines 3a through e
........
0
4
Qualifying distributions for 2022 from Part
XI, line 4:
$
8,822,466
a
Applied to 2021, but not more than line 2a
8,519,691
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 2022 distributable amount
.....
302,775
e
Remaining amount distributed out of corpus
0
5
Excess distributions carryover applied to 2022.
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
0
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 2021. Subtract line
4a from line 2a. Taxable amount—see
instructions
.............
0
f
Undistributed income for 2022. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2023
..........
7,262,097
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 2017 not
applied on line 5 or line 7 (see instructions)
...
0
9
Excess distributions carryover to 2023.
Subtract lines 7 and 8 from line 6a
......
0
10
Analysis of line 9:
a
Excess from 2018
....
b
Excess from 2019
....
c
Excess from 2020
....
d
Excess from 2021
....
e
Excess from 2022
....
Form
990-PF
(2022)
Page 10
Form 990-PF (2022)
Page
10
Part XIII
Private Operating Foundations
(see instructions and Part VI-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 2022, 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 IX for each
year listed
..........
Tax year
Prior 3 years
(e) Total
(a)
2022
(b)
2021
(c)
2020
(d)
2019
b
85% (0.85) of line 2a
.........
c
Qualifying distributions from Part XI,
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 IX, 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 XIV
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 email address of the person to whom applications should be addressed:
b
The form in which applications should be submitted and information and materials they should include:
c
Any submission deadlines:
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form
990-PF
(2022)
Page 11
Form 990-PF (2022)
Page
11
Part XIV
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
AIM FOR HIGH SCHOOL
2030 HARRISON STREET
SAN FRANCISCO
,
CA
94110
N/A
PC
TO SUPPORT EDUCATION PROGRAMS
50,000
ALDER GRADUATE SCHOOL OF EDUCATION
2946 BROADWAY STREET SUITE B
REDWOOD CITY
,
CA
94062
N/A
PC
TO SUPPORT EDUCATION ORGANIZATIONS IN DEVELOPING TEACHER, PRINCIPAL, AND/OR LEADER PIPELINES
150,000
ALLIANCE FOR YOUTH ORGANIZING
915 5TH STREET NW
WASHINGTON
,
DC
20001
N/A
PC
TO SUPPORT PROGRAMS ENGAGING YOUTH
100,000
ANTI-DEFAMATION LEAGUE
605 THIRD AVENUE
NEW YORK
,
NY
10158
N/A
PC
TO ELIMINATE ANTI-SEMITISM AND BIGOTRY IN THE US AND AROUND THE WORLD
75,000
BEND THE ARC A JEWISH PARTNERSHIP FOR JUSTICE
330 7TH AVENUE SUITE 1902
NEW YORK
,
NY
10001
N/A
PC
TO ENGAGE JEWS IN ACTION TO CHAMPION EQUALITY AND JUSTICE
75,000
BLUE SKIES FOR CHILDREN
2505 CEDARWOOD AVE
BELLINGHAM
,
WA
98225
N/A
PC
TO PROVIDE ENRICHMENT ACTIVITIES AND OTHER ESSENTIALS TO LOW-INCOME, HOMELESS, AND FOSTER CHILDREN
600
BOYS & GIRLS CLUB OF SAN FRANCISCO
380 FULTON STREET
SAN FRANCISCO
,
CA
94102
N/A
PC
TO PROVIDE YOUNG PEOPLE WITH SAFE, FUN, POSITIVE YOUTH DEVELOPMENT PROGRAMS AND SERVICES
125,000
BRANCH ALLIANCE FOR EDUCATOR DIVERSITY
7500 RIALTO BLVD BLDG 1 SUITE 270
AUSTIN
,
TX
78735
N/A
PC
TO EMPOWER, CONNECT, AND ADVANCE A NATIONAL NETWORK OF MINORITY SERVING INSTITUTIONS
150,000
BROWN UNIVERSITY
CONTROLLERS OFFICE BOX J
PROVIDENCE
,
RI
02912
N/A
PC
TO SUPPORT EDUCATION PROGRAMS
45,000
CALIFORNIA ASSOCIATION FOR BILINGUAL EDUCATION
20888 AMAR ROAD
WALNUT
,
CA
91789
N/A
PC
TO PROMOTE A VISION OF BILITERACY, MULTICULTURAL COMPETENCY, AND EDUCATIONAL EQUITY FOR ALL
100,000
CALIFORNIA EDUCATION PARTNERS
ONE LOMBARD STREET SUITE 305
SAN FRANCISCO
,
CA
94111
N/A
PC
TO SUPPORT EDUCATION PROGRAMS
1,985,000
CALIFORNIANS FOR JUSTICE EDUCATION FUND
1961 LAS PLUMAS AVENUE
SAN JOSE
,
CA
95133
N/A
PC
TO SUPPORT GRASSROOTS EDUCATIONAL JUSTICE MOVEMENTS
100,000
CALIFORNIANS TOGETHER
525 EAST 7TH STREET
LONG BEACH
,
CA
90813
N/A
PC
TO ENSURE EDUCATIONAL OPPORTUNITIES FOR SCHOOL CHILDREN IN CALIFORNIA WHOSE HOME LANGUAGE IS OTHER THAN ENGLISH
100,000
CHINESE FOR AFFIRMATIVE ACTION
17 WALTER U LUM PLACE
SAN FRANCISCO
,
CA
94108
N/A
PC
TO SUPPORT COMMUNITY SERVICE, POLICY ADVOCACY, AND MOVEMENT BUILDING ACTIVITIES
50,000
COLEMAN ADVOCATES FOR CHILDREN AND YOUTH
459 VIENNA STREET
SAN FRANCISCO
,
CA
94112
N/A
PC
TO CREATE OPPORTUNITY AND JUSTICE FOR ALL CHILDREN AND ALL FAMILIES IN SAN FRANCISCO
50,000
COMMUNITY INITIATIVES
1000 BROADWAY 480
OAKLAND
,
CA
94607
N/A
PC
FOR POSITIVE SOCIAL CHANGE
25,000
COMMUNITY PARTNERS
1000 NORTH ALAMEDA STREET 240
LOS ANGELES
,
CA
90012
N/A
PC
TO SUPPORT COMMUNITY DEVELOPMENT AND SOCIAL ENTERPRISE
50,000
COMPASS FAMILY SERVICES
37 GROVE STREET
SAN FRANCISCO
,
CA
94102
N/A
PC
TO SUPPORT PROGRAMS HELPING HOMELESS FAMILIES ACHIEVE HOUSING STABILITY, ECONOMIC SELF-SUFFICIENCY, AND WELL-BEING
100,000
DIGITAL EDUCATION PROJECT
855 EL CAMINO REAL UNIT 13A-254
PALO ALTO
,
CA
94301
N/A
PC
TO SUPPORT DIGITAL EDUCATION
50,000
EASTSIDE COLLEGE PREPARATORY SCHOOL INC
1041 MYRTLE STREET
EAST PALO ALTO
,
CA
94303
N/A
PC
TO SUPPORT EDUCATION PROGRAMS
50,000
EDUCATION TRUST
1501 K STREET NW 200
WASHINGTON
,
DC
20005
N/A
PC
TO PROMOTE HIGH ACADEMIC ACHIEVEMENT FOR ALL LEVELS
100,000
EDVANCE
3848 MCHENRY AVE SUITE 135 - 101
MODESTO
,
CA
95356
N/A
PC
TO SUPPORT EDUCATION PROGRAMS
200,000
FAMILY CONNECTIONS CENTER
2565 SAN BRUNO AVENUE
SAN FRANCISCO
,
CA
94134
N/A
PC
TO SUPPORT PROGRAMS PROVIDING LEARNING AND DEVELOPMENTAL SUPPORT TO YOUNG CHILDREN AND THEIR FAMILIES
50,000
GENDER SPECTRUM CHARITABLE FUND
1271 WASHINGTON AVE 834
SAN LEANDRO
,
CA
94577
N/A
PC
TO SUPPORT EDUCATION, TRAINING, AND SUPPORT TO HELP CREATE A GENDER SENSITIVE AND INCLUSIVE ENVIRONMENT FOR ALL CHILDREN AND TEENS
25,000
GOOD SAMARITAN FAMILY RESOURCE CENTER OF SAN FRANCISCO
1294 POTRERO AVENUE
SAN FRANCISCO
,
CA
94110
N/A
PC
TO HELP IMMIGRANT FAMILIES ACCESS NEEDED SERVICE AND DEVELOP SELF-SUFFICIENCY
50,000
GROUNDSWELL FUND
548 MARKET STREET 49734
SAN FRANCISCO
,
CA
94104
N/A
PC
TO SUPPORT MOVEMENTS FOR REPRODUTIVE JUSTICE
100,000
HAMILTON FAMILIES
273 NINTH STREET
SAN FRANCISCO
,
CA
94103
N/A
PC
TO END FAMILY HOMELESSNESS IN THE SAN FRANCISCO BAY AREA
25,000
HOMELESS PRENATAL PROGRAM
2500 18TH STREET
SAN FRANCISCO
,
CA
94110
N/A
PC
TO PROVIDE PRENATAL CARE FOR LOW-INCOME AND HOMELESS WOMEN
50,000
INSTITUTO FAMILIAR DE LA RAZA
2919 MISSION STREET
SAN FRANCISCO
,
CA
94110
N/A
PC
FOR COMMUNITY HEALTH AND SOCIAL SERVICE NEEDS OF THE CHICANO/LATINO COMMUNITY IN THE MISSION DISTRICT OF SAN FRANCISCO
50,000
INSTRUCTION PARTNERS
604 GALLATIN AVENUE SUITE 202
NASHVILLE
,
TN
37206
N/A
PC
TO IMPROVE INSTRUCTION IN CORE ACADEMICS BY SERVING AS A HUB OF QUALITY SUPPORT
140,000
JAMESTOWN COMMUNITY CENTER
2929 19TH STREET
SAN FRANCISCO
,
CA
94110
N/A
PC
TO SUPPORT PROGRAMS PROVIDING EDUCATIONAL, RECREATIONAL, SOCIAL, AND COMMUNITY SERVICES TO THE YOUTH AND PARENTS IN THE MISSION DISTRICT OF SAN FRANCISCO
50,000
JUMPSTART USA
548 CEDAR AVENUE APT B
LONG BEACH
,
CA
90802
N/A
PC
TO SUPPORT EDUCATION PROGRAMS
50,000
LEARNING POLICY INSTITUTE
1530 PAGE MILL ROAD 250
PALO ALTO
,
CA
94304
N/A
PC
TO SUPPORT PROGRAMS CONDUCTING INDEPENDENT, HIGH-QUALITY RESEARCH TO IMPROVE LEARNING FOR EACH AND EVERY CHILD.
50,000
LITTLE WISHES
901 BUTTERFIELD ROAD
SAN ANSELMO
,
CA
94960
N/A
PC
TO GRANT THE WISHES OF CHRONICALLY AND CRITICALLY ILL HOSPITALIZED CHILDREN TO BRING THEM MOMENTS OF JOY
9,600
LOS AMIGOS DE MANZANITA SEED
2409 E 27TH STREET
OAKLAND
,
CA
94601
N/A
PC
TO SUPPORT MANZANITA SEED ELEMENTARY SCHOOL
2,200
LOYOLA MARYMOUNT UNIVERSITY
1-LMU DRIVE U-HALL
LOS ANGELES
,
CA
90045
N/A
PC
TO SUPPORT EDUCATIONAL PROGRAMS
100,000
MAKING WAVES FOUNDATION
3045 RESEARCH DRIVE
RICHMOND
,
CA
94806
N/A
POF
TO SUPPORT ACADEMIC COACHING
25,000
MISSION GRADUATES
3040 16TH STREET
SAN FRANCISCO
,
CA
94103
N/A
PC
TO PREPARE K-12 STUDENTS IN SAN FRANCISCO FOR A COLLEGE EDUCATION
50,000
NATIONAL IMMIGRATION LAW CENTER
PO BOX 34573
WASHINGTON
,
DC
20043
N/A
PC
TO SUPPORT LEGAL ADVOCACY PROGRAMS
50,000
NEW TEACHER CENTER
1205 PACIFIC AVENUE 301
SANTA CRUZ
,
CA
95060
N/A
PC
TO IMPROVE STUDENT LEARNING BY ACCELERATING EFFECTIVENESS OF NEW TEACHERS, EXPERIENCED TEACHERS, AND SCHOOL LEADERS
150,000
NEW VENTURE FUND
1828 L STREET NW SUITE 300-A
WASHINGTON
,
DC
20036
N/A
PC
FOR PROJECT SUPPORT
450,000
THE OAKLAND PUBLIC EDUCATION FUND
PO BOX 71005
OAKLAND
,
CA
94612
N/A
PC
TO SUPPORT EDUCATION PROGRAMS IN OAKLAND PUBLIC SCHOOLS
6,000
PARENTS FOR PUBLIC SCHOOLS OF SAN FRANCISCO
3543 18TH STREET SUITE 1
SAN FRANCISCO
,
CA
94110
N/A
PC
TO SUPPORT PUBLIC SCHOOLS
50,000
PARTNERS IN SCHOOL INNOVATION
1060 TENNESSEE STREET FLOOR 2
SAN FRANCISCO
,
CA
94107
N/A
PC
TO ENABLE PUBLIC SCHOOLS IN LOW-INOCME COMMUNITIES NATIONALLY TO ACHIEVE EDUCATIONAL EQUITY THROUGH SCHOOL-BASED REFORM
50,000
PARTNERSHIP FOR LOS ANGELES SCHOOLS
1055 WILSHIRE BOULEVARD SUITE 1850
LOS ANGELES
,
CA
90017
N/A
PC
TO REVOLUTIONIZE SCHOOL SYTEMS, EMPOWERING ALL STUDENTS WITH A HIGH-QUALITY EDUCATION
150,000
PFLAG
1625 K STREET NW 700
WASHINGTON
,
DC
20006
N/A
PC
TO PROMOTE HEALTH AND WELL-BEING OF LGBTQIA+ PERSONS, THEIR FAMILIES, AND FRIENDS
25,000
SAFE & SOUND
1757 WALLER STREET
SAN FRANCISCO
,
CA
94117
N/A
PC
TO PREVENT CHILD ABUSE AND REDUCE ITS DEVASTATING IMPACT
100,000
SAN DIEGO UNIFIED SCHOOL DISTRICT
4100 NORMAL STREET
SAN DIEGO
,
CA
92103
N/A
GOV
TO SUPPORT EDUCATION PROGRAMS
25,000
SAN FRANCISCO CASA
2535 MISSION STREET
SAN FRANCISCO
,
CA
94110
N/A
PC
TO SUPPORT PROGRAMS PROVIDING CONSISTENT, CARING, VOLUNTEER ADVOCATES TRAINED TO ADDRESS EACH CHILD'S NEED IN THE COURT AND COMMUNITY
100,000
SAN FRANCISCO PARENTS COALITION
PO BOX 460461
SAN FRANCISCO
,
CA
94146
N/A
PC
TO ADDRESS NEEDS OF CHILDREN AND YOUTH IN SAN FRANCISCO BY BRINGING TOGETHER A DIVERSE NETWORK OR PARENTS AND CAREGIVERS TO ADVOCATE FOR A THRIVING, EQUITABLE SCHOOL SYSTEM.
50,000
SPARK SF PUBLIC SCHOOLS
135 VAN NESS AVE 119
SAN FRANCISCO
,
CA
94102
N/A
PC
TO SUPPORT SFUSD'S EDUCATIONAL PROGRAMS
500,000
STANFORD UNIVERSITY
385 BROADWAY MAIL CODE 8838
REDWOOD CITY
,
CA
94063
N/A
PC
TO SUPPORT EDUCATIONAL PROGRAMS
1,000,000
TEACHORG
2443 FILLMORE STREET 380-9883
SAN FRANCISCO
,
CA
94115
N/A
PC
TO IMPROVE QUALITY OF PRIMARY AND SECONDARY EDUCATION
50,000
TEACHING LAB
1802 VERNON STREET NW
WASHINGTON
,
DC
20009
N/A
PC
TO FUNDAMENTALLY SHIFT THE PARADIGM OF TEACHER PROFESSIONAL LEARNING FOR EDUCATIONAL EQUITY
200,000
TEN STRANDS
PO BOX 150869
SAN RAFAEL
,
CA
94915
N/A
PC
TO BUILD AND STRENGTHEN PARNTERSHIPS AND STRATEGIES THAT WILL BRING LITERACY TO ALL OF CALIFORNIA'S K-12 STUDENTS
25,000
THE REGENTS OF THE UNIVERSITY OF CALIFRONIA LOS ANGELES
405 HILGARD AVENUE
LOS ANGELES
,
CA
90095
N/A
GOV
TO SUPPORT EDUCATIONAL PROGRAMS
167,390
TIDES CENTER
PO BOX 29907
SAN FRANCISCO
,
CA
94129
N/A
PC
FOR PROJECT SUPPORT ACCELERATING THE PACE OF SOCIAL CHANGE
100,300
UNBOUND LEARNING INC
228 PARK AVE S 90834
NEW YORK
,
NY
10003
N/A
PC
TO SUPPORT PROGRAMS DISRUPTING SYSTEMIC RACISM BY PROVIDING STUDENTS OF COLOR MEANINGFUL, ENGAGING, AND AFFIRMING GRADE-LEVEL INSTRUCTION
100,000
UNITED WE DREAM NETWORK
1201 16TH STREET NW 714
WASHINGTON
,
DC
20036
N/A
PC
TO ADDRESS THE INEQUITIES AND OBSTACLES FACED BY IMMIGRANTS AND PEOPLE OF COLOR
75,000
UNIVERSITY OF COLORADO BOULDER
1380 LAWRENCE STREET
DENVER
,
CO
80204
N/A
GOV
TO SUPPORT EDUCATION PROGRAMS
200,000
YOUNG COMMUNITY DEVELOPERS
1715 YOSEMITE AVENUE
SAN FRANCISCO
,
CA
94124
N/A
PC
TO PROVIDE TRAINING AND SUPPORT OPPORTUNITIES
50,000
Total
.................................
3a
8,231,090
b
Approved for future payment
Total
.................................
3b
0
Form
990-PF
(2022)
Page 12
Form 990-PF (2022)
Page
12
Part XV-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
...........
4
Dividends and interest from securities
....
14
4,072,050
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
............
18
500,818
9
Net income or (loss) from special events:
10
Gross profit or (loss) from sales of inventory
11
Other revenue:
a
OTHER INCOME FROM PASSTHROUGHS
14
43,497
b
c
d
e
12
Subtotal. Add columns (b), (d), and (e)
..
0
4,616,365
0
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
4,616,365
(See worksheet in line 13 instructions to verify calculations.)
Part XV-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 XV-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
(2022)
Page 13
Form 990-PF (2022)
Page
13
Part XVI
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.
2023-11-14
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
MICHAEL LUMSDEN
Preparer's Signature
Date
2023-11-14
Check if self-
employed
PTIN
P01262236
Firm's name
MOSS ADAMS LLP
Firm's EIN
91-0189318
Firm's address
101 SECOND STREET SUITE 900
SAN FRANCISCO
,
CA
94105
Phone no.
(415) 956-1500
Form
990-PF
(2022)
Additional Data
Software ID:
Software Version:
Form 990PF - Special Condition Description:
Special Condition Description