Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
For calendar year 2022, or tax year beginning 01-01-2022 , and ending 12-31-2022
Name of foundation
GILEAD FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)333 LAKESIDE DRIVE
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FOSTER CITY, CA94404
A Employer identification number

20-1042419
B Telephone number (see instructions)

(650) 425-2945
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$164,823,663
J Accounting method:
 
(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)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 85,174,294
2 Check right arrow.............
3 Interest on savings and temporary cash investments 3,387,027 3,387,027  
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -23,830,792
b Gross sales price for all assets on line 6a 210,004,218
7 Capital gain net income (from Part IV, line 2)... 26,279,020
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)....... 1,804 1,804  
12 Total. Add lines 1 through 11........ 64,732,333 29,667,851  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 63,773 31,887   31,887
c Other professional fees (attach schedule).... 202,732 113,636   89,096
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 141,196 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 174,533 173,533   1,000
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 582,234 319,056   121,983
25 Contributions, gifts, grants paid....... 19,686,797 19,731,232
26 Total expenses and disbursements. Add lines 24 and 25 20,269,031 319,056   19,853,215
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 44,463,302
b Net investment income (if negative, enter -0-) 29,348,795
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
Assets 1 Cash—non-interest-bearing.............   5,797,380 5,797,380
2 Savings and temporary cash investments......... 29,436,851 40,839,504 40,839,504
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........   235,000 235,000
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 34,763,600 0 0
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 61,185,669 Click to see attachment
List of Attached Documents:
// Content
117,800,226
117,800,226
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
769,771
Click to see attachment
List of Attached Documents:
// Content
151,553
Click to see attachment
List of Attached Documents:
// Content
151,553
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 126,155,891 164,823,663 164,823,663
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 1,700,000  
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 right arrow) Click to see attachment
List of Attached Documents:
// Content
1,180,000
Click to see attachment
List of Attached Documents:
// Content
0
23 Total liabilities (add lines 17 through 22)......... 2,880,000 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 123,275,891 164,823,663
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
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)..... 123,275,891 164,823,663
30 Total liabilities and net assets/fund balances (see instructions). 126,155,891 164,823,663
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
123,275,891
2
Enter amount from Part I, line 27a .....................
2
44,463,302
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
167,739,193
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
2,915,530
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
164,823,663
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 PUBLICLY TRADED SECURITIES D 2022-01-01 2022-12-31
b PUBLICLY TRADED SECURITIES P 2022-01-01 2022-12-31
c
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 110,285,289   69,328,082 40,957,207
b 99,718,929   114,397,116 -14,678,187
c
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       40,957,207
b       -14,678,187
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 26,279,020
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 ...................
Bracket 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 right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 407,948
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........................... 3 407,948
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- ..... 5 407,948
6 Credits/Payments:
a 2022 estimated tax payments and 2021 overpayment credited to 2022 6a 645,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 645,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2221 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 237,052
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow237,052 Refundedright arrow 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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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:
round bullet By language in the governing instrument, or
round bullet 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)
right arrowCA
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 addressright arrowWWW.GILEAD.COM/PURPOSE/GIVING/GILEAD-FOUNDATION
14
The books are in care ofright arrowGILEAD SCIENCES TAX DEPT Telephone no.right arrow (650) 522-4632

Located atright arrow333 LAKESIDE DRIVEFOSTER CITYCA ZIP+4right arrow94404
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2022, did the foundation have an interest in or a signature or other authority over YesNo
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 right arrow
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)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
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)? ......................
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 ........right arrow
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 right arrow20, 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.
right arrow20, 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
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
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). Click to see attachment
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
KORAB ZUKA PRESIDENT (THROUGH OCT 1, 2022)
1.00
0 0 0
333 LAKESIDE DRIVE
FOSTER CITY,CA94404
TERI WIELENGA SECRETARY AND TREASURER
2.00
0 0 0
333 LAKESIDE DRIVE
FOSTER CITY,CA94404
KEELEY WETTAN BOARD CHAIR
1.00
0 0 0
333 LAKESIDE DRIVE
FOSTER CITY,CA94404
ALEX KALOMPARIS DIRECTOR
1.00
0 0 0
333 LAKESIDE DRIVE
FOSTER CITY,CA94404
ANDREW DICKINSON DIRECTOR
1.00
0 0 0
333 LAKESIDE DRIVE
FOSTER CITY,CA94404
JOYDEEP GANGULY DIRECTOR
1.00
0 0 0
333 LAKESIDE DRIVE
FOSTER CITY,CA94404
JYOTI MEHRA DIRECTOR
1.00
0 0 0
333 LAKESIDE DRIVE
FOSTER CITY,CA94404
MERDAD PARSEY DIRECTOR
1.00
0 0 0
333 LAKESIDE DRIVE
FOSTER CITY,CA94404
VALERIE BROWN DIRECTOR
1.00
0 0 0
333 LAKESIDE DRIVE
FOSTER CITY,CA94404
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
NONE
Total number of other employees paid over $50,000...................right arrow 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
BRIDGEBAY FINANCIAL INC INVESTMENT CONSULTING SERVICES 113,636
2603 CAMINO RAMON SUITE 200
SAN RAMON,CA94583
Total number of others receiving over $50,000 for professional services.............right arrow0
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.........................right arrow0
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
105,184,960
b
Average of monthly cash balances.......................
1b
37,758,806
c
Fair market value of all other assets (see instructions)................
1c
386,553
d
Total (add lines 1a, b, and c).........................
1d
143,330,319
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
143,330,319
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,149,955
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
141,180,364
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
7,059,018
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
7,059,018
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
407,948
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
407,948
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
6,651,070
4
Recoveries of amounts treated as qualifying distributions................
4
44,434
5
Add lines 3 and 4............................
5
6,695,504
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
6,695,504
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
19,853,215
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
19,853,215
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 6,695,504
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only....... 0
b Total for prior years:20, 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2017...... 8,884,521
b From 2018...... 7,821,328
c From 2019...... 2,039,521
d From 2020...... 451,675
e From 2021......  
f Total of lines 3a through e ........ 19,197,045
4Qualifying distributions for 2022 from Part
XI, line 4: right arrow$ 19,853,215
a Applied to 2021, 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 2022 distributable amount..... 6,695,504
e Remaining amount distributed out of corpus 13,157,711
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).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 32,354,756
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 ..........
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 2017 not
applied on line 5 or line 7 (see instructions) ...
8,884,521
9 Excess distributions carryover to 2023.
Subtract lines 7 and 8 from line 6a ......
23,470,235
10 Analysis of line 9:
a Excess from 2018.... 7,821,328
b Excess from 2019.... 2,039,521
c Excess from 2020.... 451,675
d Excess from 2021....  
e Excess from 2022.... 13,157,711
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 ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
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.)
1Information Regarding Foundation Managers:
aList 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).)
bList 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.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny 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)
aPaid during the year

100 BLACK MEN OF METROPOLITAN HOUSTON INC

PO BOX 604
BELLAIRE,TX774020604
NONE PC A FRAMEWORK FOR SCHOOLING: THE STATE OF THE BLACK MAN-CHILD IN EDUCATION CONFERENCE 25,000

ALL STARS PROJECT INC

543 WEST 42ND STREET
NEW YORK,NY100366216
NONE PC YOUTH PROGRAM SUPPORT: DEVELOPMENT SCHOOL FOR YOUTH & DEVELOPMENT COACHING PROGRAMS 150,000

AMERICA ONLINE GIVING FOUNDATION

40 EAST MAIN STREET SUITE 887
NEWARK,DE19711
NONE PC 2022/23 GIVING TOGETHER DONATION 7,500,000

AYUDANDO LATINOS A SONAR

PO BOX 961
EL GRANADA,CA940180961
NONE PC FOOD PANTRY / GENERAL OPERATING 100,000

BOYS & GIRLS CLUBS OF OAKLAND INC

3300 HIGH ST 2ND FLOOR
OAKLAND,CA946191818
NONE PC EDUCATIONAL ENHANCEMENT & CAREER DEVELOPMENT PROGRAM 25,000

BROWN UNIVERSITY OF PROVIDENCE

350 EDDY ST 4TH FLOOR BOX 1873
PROVIDENCE,RI029034202
NONE PC TARGETING SCHOOL FUNDS TO INCREASE HEALTH PROSPERITY THROUGH EDUCATIONAL EQUITY 200,000

CENTRAL VALLEY SCHOLARS

710 VAN NESS 141
FRESNO,CA937212912
NONE PC CENTRAL VALLEY SCHOLARS 50,000

CHARITABLE GIVING LTD

UNION MINE ROAD PITTS CLEAVE
TAVISTOCK,DEVONPL19 0NS
UK
NONE PC 2023 GILEAD GIVING TOGETHER DONATION 28,905

CITY OF FOSTER CITYESTERO MUNICIPAL IMPROVEMENT DISTRICT

610 FOSTER CITY BOULEVARD
FOSTER CITY,CA94404
NONE GOV FOSTER CITY RECREATION CENTER 500,000

EAST BAY COMMUNITY LAW CENTER

1950 UNIVERSITY AVE STE 200
BERKELEY,CA947043266
NONE PC ADDRESSING THE LONG-TERM IMPACTS OF COVID-19 IN EAST BAYS COMMUNITIES OF COLOR 250,000

EASTSIDE COLLEGE PREPARATORY SCHOOL INC

1041 MYRTLE ST
E PALO ALTO,CA943032013
NONE PC GENERAL OPERATING SUPPORT 2021-22 250,000

FORWARD IMPACT

777 S ALAMEDA ST
LOS ANGELES,CA900211656
NONE PC NARRATIVES THAT BIND US: HOW STORYTELLING CAN DISRUPT THE SCHOOL-TO-PRISON PIPELINE, AND REIMAGINE YOUTH INCARCERATION 500,000

FOTC - SF BAY AREA

111 QUINT ST
SAN FRANCISCO,CA941241403
NONE PC EMPOWERING YOUTH SUCCESS THROUGH A PROFESSIONAL MENTORSHIP MODEL 100,000

FOUNDATION FOR THE SMAC EDUCATION AND LEADERSHIP PROGRAMS

1730 S AMPHLETT BLVD STE 206
SAN MATEO,CA944022712
NONE PC LEADERSHIP PROGRAM 15,000

FRED FINCH YOUTH CENTER

3800 COOLIDGE AVE
OAKLAND,CA946023311
NONE PC FRED FINCH RACIAL EQUITY INITIATIVE PHASE 2; MENTORSHIP PROGRAM 50,000

FRESH LIFELINES FOR YOUTH INC

568 VALLEY WAY
MILPITAS,CA950354106
NONE PC PEER POINT 125,000

HAUS DES SIFTENS

LANDSHUTER ALLEE 11
MUENCHEN   80637
GM
NONE PC FUNDING WILL SUPPORT GILEAD'S 2023 GIVING TOGETHER EMPLOYEE MATCHING DONATIONS PROGRAM 26,119

HISPANIC FOUNDATION OF SILICON VALLEY

1922 THE ALAMEDA STE 217
SAN JOSE,CA951261430
NONE PC LATINOS IN TECHNOLOGY INITIATIVE 25,000

INDEPENDENT ARTS & MEDIA

PO BOX 420442
SAN FRANCISCO,CA941420442
NONE PC EMPOWERING BLACK YOUTH 25,000

KINGMAKERS OF OAKLAND

745 ARIMO AVE
OAKLAND,CA946101154
NONE PC FALL FORUM CONFERENCE 260,000

KQED INC

2601 MARIPOSA ST
SAN FRANCISCO,CA941101426
NONE PC ADVANCING EDUCATION AND HEALTHY OUTCOMES THROUGH MEDIA LITERACY AND YOUTH MEDIA 500,000

LATINO EDUCATION ADVANCEMENT FOUNDATION

538A VALLEY WAY BUILDING 3
MILPITAS,CA950354106
NONE PC LEAF CENTER FOR COLLEGE SUCCESS 100,000

LEADERSHIP COUNCIL SAN MATEO COUNTY

1350 OLD BAYSHORE HWY
BURLINGAME,CA94010
NONE PC LEADERSHIP COUNCIL SAN MATEO COUNTY 75,000

LIFEMOVES

181 CONSTITUTION DR
MENLO PARK,CA940251106
NONE PC SAN MATEO COUNTY GENERAL OPERATING SUPPORT 250,000

MOREHOUSE COLLEGE

830 WESTVIEW DR SW
ATLANTA,GA303143773
NONE PC STRENGTHENING A SENSE OF BELONGING TO IMPROVE HEALTH AND EDUCATIONAL OUTCOMES FOR BLACK MALES 500,000

NATIONAL SCIENCE & TECHNOLOGY MEDALS FOUNDATION

3222 N ST NW STE 300
WASHINGTON,DC200072895
NONE PC INSTEM: A FOUR-YEAR MENTORSHIP PROGRAM FOR MARGINALIZED STUDENTS IN SCIENCE AND TECHNOLOGY 50,000

NOTE IN THE POCKET INC

9650 STRICKLAND RD STE 103 168
RALEIGH,NC276151903
NONE PC CLOTHED IN CONFIDENCE 25,000

NPOWER INC

55 WASHINGTON ST STE 560
BROOKLYN,NY112011061
NONE PC TECH FUNDAMENTALS 25,000

OAKLAND FUND FOR PUBLIC INNOVATION

5493 BANCROFT AVENUE
OAKLAND,CA94601
NONE PC HEALING VIOLENCE IN OUR COMMUNITY AND SCHOOLS 1,000,000

PALOMAR HEALTH FOUNDATION

PO BOX 463063
ESCONDIDO,CA920463063
NONE PC HANDS ON WITH HEALTHCARE: DISCOVERY STEM KITS FOR CLASSROOMS 45,000

PARS EQUALITY CENTER

PO BOX 1383
MENLO PARK,CA940261383
NONE PC AFGHAN SUPPORT PROJECT 100,000

PENINSULA BRIDGE PROGRAM

457 KINGSLEY AVE
PALO ALTO,CA943013222
NONE PC PENINSULA BRIDGE SUMMER STEM PROGRAM 100,000

PROJECT WRECKLESS

PO BOX 883032
SAN FRANCISCO,CA941883032
NONE PC PROJECT WRECKLESS 25,000

PULSE OF PERSEVERANCE

18617 LORAS CT
COUNTRY CLUB HILLS,IL604785289
NONE PF PULSE OF PERSEVERANCE MENTORING APP 214,300

REGENTS OF THE UNIVERSITY OF CALIFORNIA AT BERKELEY

2195 HEARST AVE RM 120 MC 1104
BERKELEY,CA947201083
NONE PC SCIENCE FESTIVALS & MIDDLE SCHOOL SCIENCE COMMUNICATORS 25,000

SAMARITAN HOUSE

4031 PACIFIC BLVD
SAN MATEO,CA944034666
NONE PC SAMARITAN HOUSE GENERAL OPERATING SUPPORT 500,000

SAN FRANCISCO FOOD BANK

900 PENNSYLVANIA AVE
SAN FRANCISCO,CA941073446
NONE PC GENERAL OPERATIONS 100,000

SAN FRANCISCO UNIVERSITY HIGH SCHOOL

3065 JACKSON ST
SAN FRANCISCO,CA941151022
NONE PC BREAKTHROUGH SUMMERBRIDGE SUMMER TEACHING FELLOWSHIPS 25,000

SAN MATEO POLICE ACTIVITIES LEAGUE

200 FRANKLIN PKWY
SAN MATEO,CA944031921
NONE PC PROMOTING HEALTHY FUTURES 75,000

SAN MATEO-FOSTER CITY COMMUNITY EDUCATION FOUNDATION

1170 CHESS DR
FOSTER CITY,CA944041107
NONE PC THE ODYSSEY PROJECT 75,000

SCHOOLS MENTORING & RESOURCE TEAM

1061 MARKET ST MEZZANINE
SAN FRANCISCO,CA941031667
NONE PC GENERAL OPERATING 75,000

SCIENCE FROM SCIENTISTS INC

1 DEANGELO DR STE C
BEDFORD,MA017302230
NONE PC IN-SCHOOL MODULE-BASED (ISMB) STEM ENRICHMENT PROGRAM CALIFORNIA 150,000

SHE PROJECT INC

123A HIGHWAY 80 E
CLINTON,MS390564738
NONE PC JACKSON, MS WATER CRISIS 25,000

SOUTHERN POVERTY LAW CENTER INC

PO BOX 548
MONTGOMERY,AL361010548
NONE PC WORKING IN PARTNERSHIP WITH COMMUNITIES TO PROMOTE STUDENT HEALTH & WELLBEING BY ADVANCING EDUCATION EQUITY 500,000

ST ANTHONY FOUNDATION

150 GOLDEN GATE AVE
SAN FRANCISCO,CA941023810
NONE PC CREATING COMMUNITY GATEWAYS TO STABILITY 250,000

ST JOHNS WELL CHILD AND FAMILY CENTER INC

808 W 58TH ST
LOS ANGELES,CA900373632
NONE PC DISRUPTING THE SCHOOL TO PRISON PIPELINE BY ADDRESSING ADVERSE CHILDHOOD EXPERIENCES A PARTNERSHIP BETWEEN ST. JOHNS COMMUNITY HEALTH AND THE COMPTON UNIFIED SCHOOL DISTRICT 1,000,000

THE ALAMEDA COUNTY COMMUNITY FOOD BANK INC

PO BOX 2599
OAKLAND,CA946140599
NONE PC ALLEVIATING HUNGER IN ALAMEDA COUNTY DURING THE COVID-19 PANDEMIC 50,000

THE OAKLAND PUBLIC EDUCATION FUND

PO BOX 71005
OAKLAND,CA946127105
NONE PC TECH EXCHANGE 2022: SUSTAINABLE DIGITAL EQUITY FOR THE BAY AREA 1,075,000

THE TREVOR PROJECT INC

8704 SANTA MONICA BLVD
WEST HOLLYWOOD,CA900694555
NONE PC THE TREVOR PROJECT'S LIFE-SAVING CRISIS SERVICES 250,000

THERE WITH CARE OF THE BAY AREA

2682 MIDDLEFIELD ROAD
REDWOOD CITY,CA940633478
NONE PC SUPPORT FOR FAMILIES WITH LIFE-THREATENING DISEASES 25,000

UK ONLINE GIVING FOUNDATION

UNIT 9 CIRENCESTER OFFICE PARK
SUITE CD
TETBURY ROAD,GLOUCESTERSHIREGL7 6JJ
UK
NONE PC 2023 GILEAD GIVING TOGETHER DONATION 75,029

UK ONLINE GIVING FOUNDATION

UNIT 9 CIRENCESTER OFFICE PARK
SUITE CD
  GLOUCESTERSHIRE  
UK
NONE PC 2022 GILEAD GIVING TOGETHER DONATION (EUROS) 131,879

UNIVERSITY OF CALIFORNIA SAN FRANCISCO

UCSF BOX 0815 SUITE 425
SAN FRANCISCO,CA941430000
NONE PC BAY AREA SCIENCE FESTIVAL 10,000

UNIVERSITY OF LA VERNE

1950 3RD ST
LA VERNE,CA917504401
NONE PC DIVERSIFYING THE HEALTH AND WELL-BEING WORKFORCE 100,000

XAVIER UNIVERSITY OF LOUISIANA

1 DREXEL DR
NEW ORLEANS,LA701251056
NONE PC DISRUPTING OBSTACLES TO EDUCATION: THE GILEAD-XAVIER UNIVERSITY OF LOUISIANA STUDENT PROMISE FOR LOUISIANA 1,000,000

YELLOW WORK INC

2425 BOWLAND PKWY STE 112
VIRGINIA BEACH,VA234545229
NONE PC YELLOW - GROWTH & SCALING 1,000,000
Total .................................right arrow 3a 19,731,232
bApproved for future payment
Total ................................. right arrow 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.)
1Program service revenue: (a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ...........
    14 3,387,027  
4 Dividends and interest from securities ....          
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     01 1,804  
8 Gain or (loss) from sales of assets other than
inventory ............
    18 -23,830,792  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 -20,441,961 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
-20,441,961
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow
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? ...........
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.
right arrow 2023-10-05 right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name PAMELA ALEXANDERSON Preparer's Signature   Date2023-10-05 Check if self-
employed right arrow
PTIN P01218925
Firm's name SmallBulletMOSS ADAMS LLP
 
Firm's EIN SmallBullet91-0189318  
Firm's address SmallBullet635 CAMPBELL TECHNOLOGY PARKWAY
 
CAMPBELL, CA950085071
Phone no. (408) 558-7500
Form 990-PF (2022)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description