Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter Social Security numbers on this form as it may be made public. By law, the IRS cannot redact the information on the form.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2013
Open to Public Inspection
For calendar year 2013, or tax year beginning 01-01-2013 , and ending 12-31-2013
Name of foundation
LEO M SHORTINO FAMILY FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)1760 THE ALAMEDA   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAN JOSE, CA95126
A Employer identification number

68-0237238
B Telephone number (see instructions)

(408) 275-6306
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$49,369,288J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
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) 5,000
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 756,627 756,627  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,212,539
b Gross sales price for all assets on line 6a 16,602,962
7 Capital gain net income (from Part IV, line 2)... 1,212,539
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)....... Click to see attachment 821,986 0  
12 Total. Add lines 1 through 11........ 2,796,152 1,969,166  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 23,600 472   18,644
14 Other employee salaries and wages...... 158,478 3,170   125,198
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 15,458 0   1,545
c Other professional fees (attach schedule).... Click to see attachment 169,478 149,778   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 25,214 0   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 1,647 0  
20 Occupancy.............. 6,000 120   4,740
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 269,082 253,499   12,175
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 668,957 407,039   162,302
25 Contributions, gifts, grants paid........ 1,994,642 2,240,939
26 Total expenses and disbursements. Add lines 24 and 25 2,663,599 407,039   2,403,241
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 132,553
b Net investment income (if negative, enter -0-) 1,562,127
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2013)
Form 990-PF (2013)
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............... 253,996 38,946 38,946
2 Savings and temporary cash investments.......... 1,977,163 2,248,785 2,248,785
3 Accounts receivable bullet51,699
Less: allowance for doubtful accounts bullet   93,193 51,699 51,699
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
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) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........   301 301
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 15,346,450 Click to see attachment17,793,076 17,793,076
c Investments—corporate bonds (attach schedule)........ 14,548,875 Click to see attachment12,357,665 12,357,665
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 14,755,188 Click to see attachment16,850,232 16,850,232
14 Land, buildings, and equipment: basis bullet5,462
Less: accumulated depreciation (attach schedule) bullet4,110 3,000 Click to see attachment1,352 1,352
15 Other assets (describe bullet) Click to see attachment11,308 Click to see attachment27,232 Click to see attachment27,232
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 46,989,173 49,369,288 49,369,288
Liabilities 17 Accounts payable and accrued expenses.......... 93,505 109,109
18 Grants payable................... 478,845 234,706
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 bullet) Click to see attachment22,000 Click to see attachment25,000
23 Total liabilities (add lines 17 through 22).......... 594,350 368,815
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 46,394,823 49,000,473
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 46,394,823 49,000,473
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 46,989,173 49,369,288
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 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 46,394,823
2 Enter amount from Part I, line 27a..................... 2 132,553
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 2,476,097
4 Add lines 1, 2, and 3.......................... 4 49,003,473
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 3,000
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 49,000,473
Form 990-PF (2013)
Form 990-PF (2013)
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 MORGAN STANLEY INVESTMENTS P 2013-12-31 2013-12-31
b
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 16,602,962   15,390,423 1,212,539
b
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       1,212,539
b
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 1,212,539
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  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2012 2,299,567 48,364,022 0.047547
2011 2,301,441 46,678,912 0.049304
2010 1,860,640 48,101,850 0.038681
2009 1,045,051 41,510,961 0.025175
2008 597,017 24,435,771 0.024432
2 Total of line 1, column (d) ...................... 2 0.185139
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 0.037028
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 47,659,896
5 Multiply line 4 by line 3....................... 5 1,764,751
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 15,621
7 Add lines 5 and 6......................... 7 1,780,372
8 Enter qualifying distributions from Part XII, line 4.............. 8 2,403,241
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2013)
Form 990-PF (2013)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 15,621
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2............................ 3 15,621
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 15,621
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 7,992
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 17,008
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 25,000
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 9,379
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet9,379 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for 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. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 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
     
    No
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA
    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 2013 or the taxable year beginning in 2013 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names and addresses.
    10
     
    No
    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 addressbulletWWW.LEOMSHORTINO.ORG
    14
    The books are in care ofbulletTHE FOUNDATION Telephone no.bullet (408) 275-6306
    Located atbullet1760 THE ALAMEDASAN JOSECA ZIP+4bullet95126
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2013, 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 instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the
    foreign country bullet  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (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)?.................
    (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.).........
    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 page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2013?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2013, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2013?...............
    If "Yes," list the years bullet20, 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.) Click to see attachment..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 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?.........................
    b
    If "Yes," did it have excess business holdings in 2013 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 2013.)....................
    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 2013?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    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
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?........................
    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?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    GARY SHARA CHAIRMAN
    2.00     		4,000 0 0
    1760 THE ALAMEDA
    SAN JOSE,CA95126
    CHRISTINE BURROUGHS VICE CHAIRMAN
    2.00     		4,000 0 0
    1760 THE ALAMEDA
    SAN JOSE,CA95126
    LINDA MURRAY SECRETARY
    2.00     		4,000 0 0
    1760 THE ALAMEDA
    SAN JOSE,CA95126
    FRANK BOITANO TREASURER
    2.00     		3,600 0 0
    1760 THE ALAMEDA
    SAN JOSE,CA95126
    DAVID HEIMAN BOARD MEMBER
    2.00     		4,000 0 0
    1760 THE ALAMEDA
    SAN JOSE,CA95126
    GERALD T WADE JR BOARD MEMBER
    2.00     		4,000 0 0
    1760 THE ALAMEDA
    SAN JOSE,CA95126
    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
    ELAINE CURRAN EXECUTIVE DIRECTOR
    40.00     		116,209 0 0
    1760 THE ALAMEDA
    SAN JOSE,CA95126
    Total number of other employees paid over $50,000...................bullet 0
    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
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
     
    b
    Average of monthly cash balances.......................
    1b
     
    c
    Fair market value of all other assets (see instructions)................
    1c
     
    d
    Total (add lines 1a, b, and c).........................
    1d
     
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
     
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
     
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
     
    6
    Minimum investment return. Enter 5% of line 5..................
    6
     
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    2,382,995
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    15,621
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    15,621
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,367,374
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,367,374
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    2,367,374
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
     
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
     
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2012     		(c)
    2012     		(d)
    2013
    1 Distributable amount for 2013 from Part XI, line 7 2,367,374
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 2,240,958
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2013:
    a From 2008.......  
    b From 2009.......  
    c From 2010.......  
    d From 2011.......  
    e From 2012.......  
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 2,403,241
    a Applied to 2012, but not more than line 2a 2,240,958
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		Click to see attachment0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2013 distributable amount..... 162,283
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2013. 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 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 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........     		2,205,091
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		0
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2009....  
    b Excess from 2010....  
    c Excess from 2011....  
    d Excess from 2012....  
    e Excess from 2013....  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2013, enter the date of the ruling.......bullet
     
    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 X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2013 (b) 2012 (c) 2011 (d) 2010
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization 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 bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    ELAINE CURRAN
    1760 THE ALAMEDA
    SAN JOSE,CA95126
    (408) 275-6303
    bThe form in which applications should be submitted and information and materials they should include:
    THE APPLICANT ORGANIZATION PROVIDES A LETTER OF INTENT ONLINE 30 DAYS BEFORE THE PROPOSAL GRANT DATE. THE FOUNDATION WILL DETERMINE IF THE APPLICATION IS IN THE FOUNDATION'S AREA OF INTEREST AND WILL REQUEST AN ONLINE PROPOSAL. THE APPLICANT CAN ALSO PROVIDE A WRITTEN GRANT PROPOSAL TO THE EXECUTIVE DIRECTOR.
    cAny submission deadlines:
    A LETTER OF INTENT IS REQUIRED 60 DAYS AND A GRANT PROPOSAL 30 DAYS PRIOR TO ANY BOARD MEETING
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE FOUNDATION PRIMARILY MAKES GRANTS TO ORGANIZATIONS RECOGNIZED BY THE IRS UNDER SECTION 501(C)(3). THE FOUNDAITON MOST OFTEN MAKES GRANTS TO THE SUPPORT OF DIRECT SERVICES AND CAPITAL PROJECTS, ORGANIZAITONS THAT PRIMARILY PROVIDE SERVICES IN SANTA CLARA COUNTY, ORGANIZATIONS THAT HAVE CLEARLY STATED STRATEGIC PLANS, INCORPORATED MEASURABLE OBJECTIVES, AND HAVE A TRACK RECORD OF MATCHING AND EXCEEDING PERFORMANCE GOALS.
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    AACI
    2400 MOORPARK AVE SUITE 300
    SAN JOSE,CA95128     		NONE 501(C)(3) PROJECT PLUS (PEER LEADERSHIP UNITING STUDENTS) LIFE SKILLS DEVELOPMENT PROGRAM AT INDEPENDENCE HIGH SCHOOL (IHS) AND YERBA BUENA HIGH SCHOOL (YBHS) 20,000
    ACE CHARTER SCHOOLS
    625 S SUNSET AVE
    SAN JOSE,CA95116     		NONE 501(C)(3) SCHOOLWIDE LITERACY PROGRAM FOR STRUGGLING READERS 50,000
    ACHIEVEKIDS
    1212 MCGINNESS AVENUE
    SAN JOSE,CA95127     		NONE 501(C)(3) WORKFORCE DEVELOPMENT PROGRAMS FOR DISABLED YOUTH 15,000
    ALEARN
    3777 STEVENS CREEK BLVD SOUTH 330
    SANTA CLARA,CA95051     		NONE 501(C)(3) MATH ASSISTANCE FOR UNDERREPRESENTED STUDENTS IN SANTA CLARA COUNTY SCHOOLS 30,000
    ALUM ROCK COUNSELING CENTER
    777 NORTH FIRST STREET
    SAN JOSE,CA95112     		NONE 501(C)(3) GRANT: OCALA MIDDLE SCHOOL MENTORING AND SUPPORT SERVICES PROGRAM 35,000
    ARCHBISHOP MITTY HIGH SCHOOL
    5000 MITTY WAY
    SAN JOSE,CA95129     		NONE 501(C)(3) GRANT: TWO ONE YEAR SCHOLARSHIPS 30,000
    ART IN ACTION
    3925 BOHANNON DRIVE SUITE 300
    MENLO PARK,CA94025     		NONE 501(C)(3) ART TEACHER TRAINING, CURRICULUM, AND MATERIALS IN LINDA VISTA ELEMENTARY, HORACE CURETON ELEMENTARY, 15,000
    BELL
    60 CLAYTON ST
    DORCHESTER,MA02122     		NONE 501(C)(3) FIVE-WEEK SUMMER PROGRAM FOR MIDDLE SCHOOL STUDENTS IN FRANKLIN MCKINLEY SCHOOL OFFERING TUTORING AND INSTRUCTION IN MATH AND LITERACY 20,000
    BELLARMINE COLLEGE PREP
    960 WEST HEDDING STREET
    SAN JOSE,CA95126     		NONE 501(C)(3) GRANT: SCHOLARSHIPS FOR LOW-INCOME STUDENTS 47,000
    BOOKS ALOUD INC
    P O BOX 5731
    SAN JOSE,CA951505731     		NONE 501(C)(3) PURCHASE OF NOOK TABLETS TO UPDATE MINI-LIBRARIES SERVING SPECIAL NEEDS YOUTH IN SANTA CLARA COUNTY 20,000
    BOYS AND GIRLS CLUB OF SILICON VALLEY
    518 VALLEY WAY
    MILPITAS,CA95035     		NONE 501(C)(3) GRANT: SUMMER CAMP 80,000
    BREAKTHROUGH SILICON VALLEY
    1635 PARK AVE
    SAN JOSE,CA95126     		NONE 501(C)(3) MIDDLE AND HIGH ACADEMIC SUPPORT PROGRAM 25,000
    CALIFORNIA COMMUNITY PARTNERS FOR YOUTH
    PO BOX 578
    SAN JOSE,CA95016     		NONE 501(C)(3) GRANT: JUMP START SUMMER TRANSITION PROGRAM AND STEP UP AND STEP AHEAD PROGRAMS 60,000
    CHILD ADVOCATES
    509 VALLEY WAY
    MILPITAS,CA95035     		NONE 501(C)(3) GRANT: VOLUNTEER ADVOCATES FOR FOSTER YOUTH 20,000
    CHILDREN'S MUSICAL THEATER OF SAN JOSE
    1401 PARKMOOR AVENUE SUITE 100
    SAN JOSE,CA95126     		NONE 501(C)(3) GRANT: COMMUNITY ACCESS PROGRAMS FOR 2012/2013 PERFORMANCE SEASON 35,000
    CITIZEN SCHOOLS
    330 TWIN DOLPHIN DRIVE SUITE 115
    REDWOOD CITY,CA94065     		NONE 501(C)(3) EXPANDED LEARNING TIME AT JOSEPH GEORGE MIDDLE SCHOOL 25,000
    CITY YEAR
    90 NORTH 1ST STREET
    SAN JOSE,CA95113     		NONE 501(C)(3) GRANT: MIDDLE SCHOOL EXTENDED LEARNING PROGRAM IN ALUM ROCK 50,000
    COMMUNITY HEALTH AWARENESS COUNCIL
    711 CHURCH ST
    MOUNTAIN VIEW,CA94041     		NONE 501(C)(3) COUNSELING SERVICES FOR CHILDREN IN SUNNYVALE SCHOOLS 25,000
    COMMUNITY SCHOOL OF MUSIC ART
    230 SAN ANTONIO CIR
    MOUNTAIN VIEW,CA94040     		NONE 501(C)(3) ART4SCHOOLS AT LYNDALE ELEMENTARY SCHOOL 20,000
    CREATV
    255 WEST JULIAN ST SUITE 100
    SAN JOSE,CA95110     		NONE 501(C)(3) CREATION OF A YOUTH VOICE INITITATIVE, INCLUDING A SERIES OF TALK SHOWS ON GANG PREVENTION, TO BE SHOWN ON CREATVS CABLE TV CHANNEL 10,000
    DIOCESE OF SAN JOSE
    1150 NORTH FIRST STREET SUITE 100
    SAN JOSE,CA95112     		NONE 501(C)(3) SCHOLARSHIPS FOR LOW-INCOME STUDENTS WHO WOULD OTHERWISE BE UNABLE TO ATTEND THE CATHOLIC SCHOOLS 100,000
    DOWNTOWN COLLEGE PREP
    1460 THE ALAMEDA
    SAN JOSE,CA95126     		NONE 501(C)(3) GRANT: SCHOLARSHIPS FOR DCP GRADUATES 1,000
    EAST SIDE COMMUNITY ARTS
    2400 MOORPARK AVE SUITE 207
    SAN JOSE,CA95128     		NONE 501(C)(3) PROVIDE 2- AND 4-WEEK, HALF-DAY SUMMER ARTS CAMP FOR 8-14 YEAR OLD STUDENTS IN EAST SAN JOSE. 5,000
    EMPLOYER SCHOOL COUNCIL
    17508 HIGH ST
    LOS GATOS,CA95030     		NONE 501(C)(3) COLLEGE SCHOLARSHIPS FOR AT-RISK YOUTH 10,000
    EMQ FAMILIES FIRST
    215 LLEWALLYN AVENUE
    CAMPBELL,CA95008     		NONE 501(C)(3) GRANT: ADDICTION PREVENTION SERVICES IN ALUM ROCK SCHOOLS 35,000
    FAMILY SUPPORTIVE HOUSING
    692 N KING RD
    SAN JOSE,CA95133     		NONE 501(C)(3) SAN JOSE FAMILY SHELTER AFTER-SCHOOL PROGRAM 20,000
    FRESH LIFELINES FOR YOUTH
    568 VALLEY WAY
    MILPITAS,CA95035     		NONE 501(C)(3) GRANT: LEGAL EAGLE PROGRAM IN SANTA CLARA COUNTY 35,000
    FRIENDS FOR YOUTH
    275 5TH STREET
    SAN FRANCISCO,CA94103     		NONE 501(C)(3) ONE-YEAR MENTORING PROGRAM, PLUS LIFE SKILLS WORKSHOPS, ACTIVITIES, AND EXPERIENCES FOR SANTA CLARA COUNTY YOUTH 10,000
    GIRL SCOUTS OF NORTHERN CALIFORNIA
    1310 S BASCOM AVE
    SAN JOSE,CA95128     		NONE 501(C)(3) DECISION-MAKING/WELLNESS/ HEALTHY LIFESTYLES PROGRAMS 25,000
    GLOW FOUNDATION
    275 5TH STREET
    SAN FRANCISCO,CA94103     		NONE 501(C)(3) TO TRAIN TEACHERS TO CONDUCT FINANCIAL LITERACY AND COLLEGE FINANCING WORKSHOPS FOR STUDENTS AND PARENTS 15,000
    GRAIL FAMILY SERVICES
    2003 E SAN ANTONIO STREET
    SAN JOSE,CA95116     		NONE 501(C)(3) YES WE CAN. READ! CHILDREN'S INITIATIVE 27,500
    HAMMER MONTESSORI FOUNDATION
    1610 BIRD AVE
    SAN JOSE,CA95125     		NONE 501(C)(3) MUSIC EDUCATION AT GALARZA AND HAMMER MONTESSORI ELEMENTARY SCHOOLS 17,400
    INNVISION
    1900 THE ALAMEDA SUITE 400
    SAN JOSE,CA95126     		NONE 501(C)(3) AFTER-SCHOOL TUTORING, SUMMER DAY CAMP, MENTORING FOR HOMELESS YOUTH. 35,000
    JUNIOR ACHIEVEMENT
    3003 OAK ROAD SUITE 109
    WALNUT CREEK,CA94597     		NONE 501(C)(3) PROVIDE FINANCIAL LITERACY, ENTREPRENEURSHIP AND WORKFORCE DEVELOPMENT IN THE 2012-2013 SCHOOL YEAR FOR STUDENTS AT INDEPENDENCE AND ANDREW P. HILL HIGH SCHOOLS 5,000
    JUST READ
    PO BOX 4459
    MOUNTAIN VIEW,CA94040     		NONE 501(C)(3) LITERACY TUTORING PROGRAM 10,000
    KIWANIS CLUB OF SAN JOSE FOUNDATION
    15030 MONTEBELLO ROAD
    CUPERTINO,CA95014     		NONE 501(C)(3) TO SUPPORT FUNDRAISER FOR TURNAROUND SCHOLARSHIP PROGRAM 5,000
    KIWANIS CLUB OF SAN JOSE FOUNDATION
    15030 MONTEBELLO ROAD
    CUPERTINO,CA95014     		NONE 501(C)(3) GRANT: TURN AROUND SCHOLARSHIPS FOR AT RISK YOUTH 75,000
    MOVIMIENTO DE ARTE Y CULTURA LATINO AMERICAN
    510 SOUTH FIRST STREET
    SAN JOSE,CA95113     		NONE 501(C)(3) PEAPOD ADOBE YOUTH VOICES ACADEMY 40,000
    MIND RESEARCH INSTITUTE
    111 ACADEMY SUITE 100
    IRVINE,CA92617     		NONE 501(C)(3) SUPPORT THE ST MATH PROGRAM AT EDENVALE ELEMENTARY SCHOOL IN SANTA CLARA COUNTY 20,000
    MT VIEW-LOS ALTOS COMMUNITY SCHOLARS
    183 HILLVIEW AVENUE
    LOS ALTOS,CA94022     		NONE 501(C)(3) GRANT: COLLEGE SCHOLARSHIPS FOR AT RISK YOUTH 20,000
    MUSIC FOR MINORS
    883 NORTH SHORELINE BLVD
    MOUNTAIN VIEW,CA94043     		NONE 501(C)(3) GRANT: VOLUNTEER LED MUSIC EDUCATION 10,000
    NOTRE DAME HIGH SCHOOL
    596 S SECOND ST
    SAN JOSE,CA95112     		NONE 501(C)(3) TUITION ASSISTANCE FOR LOW-INCOME STUDENTS 25,000
    OAK GROVE SCHOOL DISTRICT
    285 AZUCAR AVENUE
    SAN JOSE,CA95111     		NONE 501(C)(3) SCHOLARSHIPS FOR COLLEGE-BOUND HIGH SCHOOL SENIORS WHO GRADUATED FROM EDENVALE ELEMENTARY 7,500
    OVERFELT HIGH SCHOOL
    1835 CUNNINGHAM AVENUE
    SAN JOSE,CA95122     		NONE 501(C)(3) CAMELOT SUMMER INSTITUTE (CSI) SUMMER BRIDGE PROGRAM FOR INCOMING FRESHMEN TO INCREASE ACADEMIC PERFORMANCE, AND PROMOTE A COLLEGE-GOING CULTURE. 25,000
    PARTNERS IN SCHOOL INNOVATION
    1060 TENNESSEE ST 2ND FLOOR
    SAN FRANCISCO,CA94107     		NONE 501(C)(3) GRANT: ALUM ROCK SCHOOL AND DISTRICT INITIATIVE 107,000
    PENINSULA COLLEGE FUND
    330 TWIN DOLPHIN DRIVE SUITE 131
    REDWOOD CITY,CA94065     		NONE 501(C)(3) COLLEGE SCHOLARSHIPS FOR LOW-INCOME STUDENTS 24,000
    PRESENTATION HIGH SCHOOL
    2281 PLUMMER AVENUE
    SAN JOSE,CA95125     		NONE 501(C)(3) GRANT: SCHOLARSHIPS FOR LOW-INCOME STUDENTS 44,000
    RAFT
    1355 RIDDER PARK DRIVE
    SAN JOSE,CA95131     		NONE 501(C)(3) SCIENCE PROGRAM INCLUDING A PACKAGE OF CLASSROOM CURRICULUM AND MATERIALS, TEACHER TRAINING, AND HANDS-ON PROGRAMS AND FIELD TRIPS FOR THE DISTRICTS OCALA CLUSTER OF CASSELL, RYAN AND ROGERS ELEMENTARY SCHOOLS AND OCALA MIDDLE SCHOOL. 25,000
    REGENTS OF THE UNIVERSITY OF CALIFORNIACENTER FOR EDUCATIONAL PARTNERSHIPS
    2150 KITTREDGE STREET SUITE 4C
    BERKELEY,CA947201060     		NONE 501(C)(3) COLLEGE ADVISERS AT HIGH-NEED SCHOOLS IN SAN JOSE UNIFIED SCHOOL DISTRICT 25,000
    SACRED HEART COMMUNITY SERVICE
    1381 SOUTH FIRST STREET
    SAN JOSE,CA95110     		NONE 501(C)(3) YOUTH EDUCATION PROGRAMS 20,000
    SACRED HEART NATIVITY SCHOOL
    310 EDWARDS AVE
    SAN JOSE,CA95110     		NONE 501(C)(3) GRANT: TUITION ASSISTANCE FOR LOW-INCOME STUDENTS 30,000
    SAN JOSE CONSERVATION CORPS
    1560 BERGER DR
    SAN JOSE,CA95112     		NONE 501(C)(3) PURCHASE OF CURRICULUM AND TRAINING MATERIALS FOR CONSTRUCTION TRADES AND IC3 COMPUTER REPAIR/IT CERTIFICATION WORKFORCE TRAINING PROGRAMS. 10,234
    SAN JOSE JAZZ
    145 W SAN CARLOS ST
    SAN JOSE,CA95113     		NONE 501(C)(3) PROGRESSIONS MUSIC PROGRAM AT FRANKLIN-MCKINLEY SCHOOL DISTRICT 25,000
    SCHOOL OF ARTS AND CULTURE AT MEXICAN HERITAGE PLAZA
    1700 ALUM ROCK AVENUE
    SAN JOSE,CA95116     		NONE 501(C)(3) GRANT: ARTS EDUCATION SUMMER CAMPS AND AFTER SCHOOL PROGRAMS 50,000
    SILICON VALLEY CHILDREN'S FUND
    1871 THE ALAMEDA 335
    SAN JOSE,CA95126     		NONE 501(C)(3) COLLEGE SCHOLARSHIPS AND SUPPORT FOR FOSTER YOUTH 10,000
    SILICON VALLEY FACES
    777 NORTH FIRST STREET SUITE 220
    SAN JOSE,CA95112     		NONE 501(C)(3) CAMP EVERYTOWN FOR TITLE I HIGH SCHOOLS IN EAST SAN JOSE 35,000
    SOMOS MAYFAIR
    370 S KING RD
    SAN JOSE,CA95116     		NONE 501(C)(3) ?IN OUR HANDS? ? A COMMUNITY TEACHER CAMPAIGN 20,000
    ST PAUL'S UNITED METHODIST CHURCH
    405 SOUTH TENTH STREET
    SAN JOSE,CA95112     		NONE 501(C)(3) CREATIVE ARTS YOUTH PROGRAM 10,000
    TEENFORCE
    1080 NORTH 7TH STREET
    SAN JOSE,CA95112     		NONE 501(C)(3) FOSTER YOUTH EMPLOYMENT PROGRAM 10,000
    THE TECH MUSEUM
    201 S MARKET ST
    SAN JOSE,CA95113     		NONE 501(C)(3) STEM SCHOOL PARTNERSHIP RF KENNEDY ELEMENTARY SCHOOL 25,000
    TRITON MUSEUM OF ART
    1505 WARBURTON AVENUE
    SANTA CLARA,CA95050     		NONE 501(C)(3) ARTREACH AFTER SCHOOL PROGRAM AT SCOTT LANE ELEMENTARY SCHOOL. 2,000
    VALDES MATH FOUNDATION
    4848 SAN FELIPE RD 150-213
    SAN JOSE,CA95135     		NONE 501(C)(3) SUMMER REMEDIAL MATH PROGRAM FOR STUDENTS IN EAST SAN JOSE 25,000
    VIA SERVICES
    2851 PARK AVENUE
    SANTA CLARA,CA95050     		NONE 501(C)(3) GRANT: HEALTHY LIVING INITIATIVE AT VIA WEST 60,000
    WORLD WIDE WORKSHOP
    113 WEST 78TH STREET SUITE 3
    NEW YORK,NY10024     		NONE 501(C)(3) GLOBALORIA STEM EDUCATION PROGRAM AT OVERFELT HIGH SCHOOL 10,000
    YSI
    296 GARDEN HILL DRIVE
    LOS GATOS,CA95032     		NONE 501(C)(3) SCIENCE PROGRAM INCLUDING A PACKAGE OF CLASSROOM CURRICULUM AND MATERIALS, TEACHER TRAINING, AND HANDS-ON PROGRAMS AND FIELD TRIPS FOR THE DISTRICTS OCALA CLUSTER OF CASSELL, RYAN AND ROGERS ELEMENTARY SCHOOLS AND OCALA MIDDLE SCHOOL. 25,000
    YWCA
    375 SOUTH THIRD STREET
    SAN JOSE,CA95112     		NONE 501(C)(3) GRANT: CULTURAL AND EDUCATIONAL OPPORTUNITIES FOR HIGH RISK STUDENTS 15,000
    PARTNERS IN SCHOOL INNOVATION
    1060 TENNESSEE STREET 2ND FLOOR
    SAN FRANCISCO,CA95125     		NONE 501(C)(3) GRANT: ALUM ROCK SCHOOL AND DISTRICT INITIATIVE 107,000
    ALUM ROCK SCHOOL DISTRICT
    2930 GAY AVENUE
    SAN JOSE,CA95127     		NONE 501(C)(3) 0GRANT: ALUM ROCK SCHOOL AND DISTRICT INITIATIVE 67,400
    ALUM ROCK SCHOOL DISTRICT
    2930 GAY AVENUE
    SAN JOSE,CA95127     		NONE 501(C)(3) GRANT: ALUM ROCK SCHOOL AND DISTRICT INITIATIVE 14,500
    BELLARMINE COLLEGE PREPATORY
    960 WEST HEDDING STREET
    SAN JOSE,CA95126     		NONE 501(C)(3) FINAL PAYMENT CAPITAL PROJECT (2005 GRANT) 75,000
    CALIFORNIA PROVINCIAL SOCIETY OF JESUS
    PO BOX 519
    LOS GATOS,CA95031     		NONE 501(C)(3) CRITSO REY HIGH SCHOOL START-UP COSTS 100,000
    JUSTREAD
    PO BOX 4459
    MOUNTAIN VIEW,CA94040     		NONE 501(C)(3) LITERACY TUTORING PROGRAM 10,000
    KIWANIS CLUB OF SAN JOSE FOUNDATION
    15030 MONTEBELLO ROAD
    CUPERTINO,CA95014     		NONE 501(C)(3) GRANT: TURN AROUND SCHOLARSHIPS FOR AT RISK YOUTH 24,405
    SCHOOL HEALTH CLINICS OF SANTA CLARA COUNTY
    5671 SANTA TERESA BLVD SUITE 105
    SAN JOSE,CA95123     		NONE 501(C)(3) HEALTHY LIFESTYLES EDUCATION 10,000
    VEGGIELUTION
    647 S KING ROAD
    SAN JOSE,CA95116     		NONE 501(C)(3) NUTRITION EDUCATION 15,000
    Total .................................bullet 3a 2,240,939
    bApproved for future payment
    PARTNERS IN SCHOOL INNOVATION
    1060 TENNESSEE ST 2ND FLOOR
    SAN FRANCISCO,CA95125     		NONE 501(C)(3) GRANT: ALUM ROCK SCHOOL AND DISTRICT INITIATIVE 107,000
    SAN JOSE CONSERVATION CORPS
    1560 BERGER DR
    SAN JOSE,CA95112     		NONE 501(C)(3) PURCHASE OF CURRICULUM AND TRAINING MATERIALS FOR CONSTRUCTION TRADES AND IC3 COMPUTER REPAIR/IT CERTIFICATION WORKFORCE TRAINING PROGRAMS. 2,608
    ALUM ROCK SCHOOL DISTRICT
    2930 GAY AVENUE
    SAN JOSE,CA95127     		NONE 501(C)(3) GRANT: ALUM ROCK SCHOOL AND DISTRICT INITIATIVE 67,400
    Total .................................bullet 3b 177,008
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    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 ............     		         
    4 Dividends and interest from securities....     14 756,627  
    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.....     16 821,986  
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 1,212,539  
    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 2,791,152 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    132,791,152
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-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 XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    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) of the Code (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 or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2013)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2013 AccountingFeesSchedule
    Name:
    LEO M SHORTINO FAMILY FOUNDATION
    EIN: 68-0237238
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 15,458 0   1,545

    TY 2013 AppliedToPriorYearElection
    Name:
    LEO M SHORTINO FAMILY FOUNDATION
    EIN: 68-0237238
    Election:
    ANY QUALIFYING DISTRIBUTION MADE DURING A TAXABLE YEAR SHALL BE TREATED AS MADE --FIRST OUT OF THE UNDISTRIBUTED INCOME OF THE IMMEDIATELY PRECEDING TAXABLE YEAR TO THE EXTENT THEREOF; SECOND OUT OF THE UNDISTRIBUTED INCOME FOR THE TAXABLE YEAR TO THE EXTENT THEREOF; AND THEN OUT OF CORPUS.

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2013 DepreciationSchedule
    Name:
    LEO M SHORTINO FAMILY FOUNDATION
    EIN: 68-0237238
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    COMPUTER 2010-08-01 1,245 1,003 SL 3.000000000000 242 0    
    SONY VAIO AND ACCESSORIES 2011-03-01 1,144 699 SL 3.000000000000 381 0    
    DELL TOWER AND ACCESSORIES 2011-12-01 1,675 605 SL 3.000000000000 558 0    
    2 IPADS 2012-09-01 1,398 156 SL 3.000000000000 466 0    

    TY 2013 InvestmentsCorpBondsSchedule
    Name:
    LEO M SHORTINO FAMILY FOUNDATION
    EIN: 68-0237238
    Name of Bond End of Year Book Value End of Year Fair Market Value
    FIXED INCOME 12,357,665 12,357,665

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    LEO M SHORTINO FAMILY FOUNDATION
    EIN: 68-0237238
    Name of Stock End of Year Book Value End of Year Fair Market Value
    EQUITIES 17,793,076 17,793,076

    TY 2013 InvestmentsOtherSchedule2
    Name:
    LEO M SHORTINO FAMILY FOUNDATION
    EIN: 68-0237238
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    REAL ESTATE FMV 8,901,932 8,901,932
    ALTERNATIVE INVESTMENTS FMV 7,948,300 7,948,300

    TY 2013 LandEtcSchedule2
    Name:
    LEO M SHORTINO FAMILY FOUNDATION
    EIN: 68-0237238
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    COMPUTER 1,245 1,245 0 0
    SONY VAIO AND ACCESSORIES 1,144 1,080 64 64
    DELL TOWER AND ACCESSORIES 1,675 1,163 512 512
    2 IPADS 1,398 622 776 776


    TY 2013 OtherAssetsSchedule
    Name:
    LEO M SHORTINO FAMILY FOUNDATION
    EIN: 68-0237238
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    RENTS RECEIVABLE 11,308 27,232 27,232


    TY 2013 OtherDecreasesSchedule
    Name:
    LEO M SHORTINO FAMILY FOUNDATION
    EIN: 68-0237238
    Description Amount
    CHANGE IN DEFERRED EXCISE TAXES 3,000


    TY 2013 OtherExpensesSchedule
    Name:
    LEO M SHORTINO FAMILY FOUNDATION
    EIN: 68-0237238
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 1,781 11   1,161
    OFFICE EXPENSE 11,582 232   9,150
    REAL ESTATE INVESTEMENT EXPENSES 253,051 253,051   0
    MISCELLANEOUS 2,668 205   1,864


    TY 2013 OtherIncomeSchedule2
    Name:
    LEO M SHORTINO FAMILY FOUNDATION
    EIN: 68-0237238
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    INCOME FROM RENTAL INVESTMENT PROPERTY 821,986 0 821,986


    TY 2013 OtherIncreasesSchedule
    Name:
    LEO M SHORTINO FAMILY FOUNDATION
    EIN: 68-0237238
    Description Amount
    UNREALIZED GAINS 2,476,097


    TY 2013 OtherLiabilitiesSchedule
    Name:
    LEO M SHORTINO FAMILY FOUNDATION
    EIN: 68-0237238
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED EXCISE TAX LIABILITY 22,000 25,000


    TY 2013 OtherProfessionalFeesSchedule
    Name:
    LEO M SHORTINO FAMILY FOUNDATION
    EIN: 68-0237238
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESETMENT MANAGEMENT 149,778 149,778   0
    AUDIT AND TAX PREPARATION 19,700 0   0


    TY 2013 TaxesSchedule
    Name:
    LEO M SHORTINO FAMILY FOUNDATION
    EIN: 68-0237238
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 1,222 0   0
    EXCISE 23,992 0   0