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
TARSADIA FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)620 NEWPORT CENTER DRIVE 14TH FLOOR   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEWPORT BEACH, CA92660
A Employer identification number

33-0879062
B Telephone number (see instructions)

(949) 610-8038
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$58,092,832J 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) 18,400,000
2 Check bullet
3 Interest on savings and temporary cash investments 75,189 75,189  
4 Dividends and interest from securities...... 871,432 871,432  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,890,506
b Gross sales price for all assets on line 6a 9,584,068
7 Capital gain net income (from Part IV, line 2)... 1,890,506
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 12,404 84,832  
12 Total. Add lines 1 through 11........ 21,249,531 2,921,959  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 169,465 0   169,465
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 21 0   21
b Accounting fees (attach schedule)....... Click to see attachment 5,478 0   5,478
c Other professional fees (attach schedule).... Click to see attachment 39,400 0   39,400
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 120,385 0   385
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 127,662 0   127,662
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 103,844 77,236   26,608
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 566,255 77,236   369,019
25 Contributions, gifts, grants paid........ 2,357,628 2,357,628
26 Total expenses and disbursements. Add lines 24 and 25 2,923,883 77,236   2,726,647
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 18,325,648
b Net investment income (if negative, enter -0-) 2,844,723
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............... 8,163 33,162 33,162
2 Savings and temporary cash investments.......... 16,856,122 34,144,347 34,144,347
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
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   339,220 0 0
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 16,822,231 Click to see attachment18,224,792 18,685,334
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 2,494,743 Click to see attachment2,399,246 5,154,989
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment0 Click to see attachment75,000 Click to see attachment75,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 36,520,479 54,876,547 58,092,832
Liabilities 17 Accounts payable and accrued expenses..........   13,665
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).......... 0 13,665
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 36,520,479 54,862,882
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).................... 36,520,479 54,862,882
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 36,520,479 54,876,547
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 36,520,479
2 Enter amount from Part I, line 27a..................... 2 18,325,648
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 16,757
4 Add lines 1, 2, and 3.......................... 4 54,862,884
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 2
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 54,862,882
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 35,000 SHS FELCOR LODGING TRUST   2011-08-10 2013-12-13
b 25,000 SHS FELCOR LODGING TRUST   2011-08-26 2013-12-16
c 10,000 SHS FELCOR LODGING TRUST   2011-08-26 2013-12-17
d 135,000 SHS HOSPITALITY PROPERTIES TRUST COM   2012-08-20 2013-04-29
e 1,316 SHS HOSPITALITY PROPERTIES TRUST PREF C   2009-03-06 2013-04-29
45,000 SHS HOSPITALITY PROPERTIES TRUST PREF C   2009-03-06 2013-07-01
5,000 SHS APPLE INC COM   2012-10-19 2013-12-09
(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 839,966   470,771 369,195
b 599,980   336,260 263,720
c 239,986   134,504 105,482
d 3,902,964   3,170,532 732,432
e 33,181   20,983 12,198
1,125,000   717,521 407,479
2,842,991   2,842,991 0
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       369,195
b       263,720
c       105,482
d       732,432
e       12,198
      407,479
      0
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 1,890,506
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 2,022,012 35,789,069 0.056498
2011 2,437,322 28,733,279 0.084826
2010 1,237,119 19,387,136 0.063811
2009 1,406,933 19,595,381 0.071799
2008 2,005,329 15,518,599 0.129221
2 Total of line 1, column (d) ...................... 2 0.406155
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 0.081231
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 39,846,276
5 Multiply line 4 by line 3....................... 5 3,236,753
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 28,447
7 Add lines 5 and 6......................... 7 3,265,200
8 Enter qualifying distributions from Part XII, line 4.............. 8 2,726,647
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 56,894
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 56,894
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 56,894
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 90,229
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 70,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 160,229
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 10 103,335
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet56,920 RefundedBullet 11 46,415
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
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    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.Click to see attachment
    10
    Yes
     
    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.TARSADIAFOUNDATION.ORG
    14
    The books are in care ofbulletTUSHAR PATEL Telephone no.bullet (949) 610-8038
    Located atbullet620 NEWPORT CENTER DR 14TH FLOORNEWPORT BEACHCA ZIP+4bullet92660
    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.) ..............
    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.
    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
    BU PATEL CEO
    12.00     		0 0 0
    620 NEWPORT CENTER 14TH FL
    NEWPORT BEACH,CA92660
    TUSHAR PATEL SECRETARY
    2.00     		0 0 0
    620 NEWPORT CENTER 14TH FL
    NEWPORT BEACH,CA92660
    SHIRISH DAYAL DIRECTOR
    32.00     		169,465 0 0
    620 NEWPORT CENTER 14TH FL
    NEWPORT BEACH,CA92660
    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...................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
    1,992,314
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    56,894
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    56,894
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,935,420
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,935,420
    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
    1,935,420
    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 1,935,420
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2013:
    a From 2008....... 1,246,829
    b From 2009....... 440,756
    c From 2010....... 282,804
    d From 2011....... 1,017,089
    e From 2012....... 284,457
    fTotal of lines 3a through e......... 3,271,935
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 2,726,647
    a Applied to 2012, 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 2013 distributable amount..... 1,935,420
    e Remaining amount distributed out of corpus 791,227
    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 4,063,162
    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 ..........     		0
    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) ...     		1,246,829
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		2,816,333
    10 Analysis of line 9:
    a Excess from 2009.... 440,756
    b Excess from 2010.... 282,804
    c Excess from 2011.... 1,017,089
    d Excess from 2012.... 284,457
    e Excess from 2013.... 791,227
    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).)
    BU PATEL
    TUSHAR PATEL
    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 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 (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
    AAPI
    3148 FOND DRIVE
    ENCINO,CA91436     		  PUBLIC PROGRAM SUPPORT 10,500
    ACCESS OC
    1505 E 17TH STREET SUITE 209
    SANTA ANA,CA92705     		  PUBLIC PROGRAM SUPPORT 25,000
    AMERICAN INDIA FOUNDATION
    216 EAST 45TH STREET
    NEW YORK,NY10037     		  PUBLIC PROGRAM SUPPORT 15,000
    ANEKANT COMMUNITY CENTER
    PO BOX 167
    BUENA PARK,CA90621     		  PUBLIC PROGRAM SUPPORT 49,500
    ANGEL FACES INC
    539 ENCINITAS BLVD SUITE 107
    ENCINITAS,CA92024     		  PUBLIC PROGRAM SUPPORT 5,000
    ASSOCIATION OF SMALL FOUNDATIONS
    1720 N STREET NW
    WASHINGTON,DC20036     		  PUBLIC PROGRAM SUPPORT 15,000
    BAPS CHARITIES
    81 SUTTON LANE SUITE 201
    PISCATAWAY,NJ08854     		  PUBLIC PROGRAM SUPPORT 5,001
    BARDOLI PARDESH KELAVANI MANDAL
    MAHUVA ROAD TALOKA BARDOLI
    DIST SURAT,GUJARAT394350
    IN     		  PUBLIC PROGRAM SUPPORT 200,000
    BEYOND SHELTER
    205 SOUTH BROADWAY SUITE 608
    LOS ANGELES,CA90012     		  PUBLIC PROGRAM SUPPORT 10,000
    BIG BROTHERS BIG SISTERS OF OC
    14131 YORBA STREET SUITE 200
    TUSTIN,CA92780     		  PUBLIC PROGRAM SUPPORT 25,000
    BOYS & GIRLS CLUB OF SANTA ANA INC
    250 N GOLDEN CIRCLE
    SANTA ANA,CA92705     		  PUBLIC PROGRAM SUPPORT 4,000
    BURBANK NOON LIONS CHARITY INC
    911 EAST CYPRESS AVENUE
    BURBANK,CA91501     		  PUBLIC PROGRAM SUPPORT 7,000
    CHILDRENS HOSPITAL OF ORANGE COUNTY
    1201 W LA VETA AVENUE
    ORANGE,CA92868     		  PUBLIC PROGRAM SUPPORT 200
    COURT APPOINTED SPECIAL ADVOCATES
    1615 E 17TH ST STE 100
    SANTA ANA,CA92705     		  PUBLIC PROGRAM SUPPORT 11,125
    CHAPMAN UNIVERSITY
    ONE UNIVERSITY DRIVE
    ORANGE,CA92866     		  PUBLIC PROGRAM SUPPORT 14,150
    CHILDREN'S HEARTLINK
    5075 ARCADIA AVENUE
    MINNEAPOLIS,MN55436     		  PUBLIC PROGRAM SUPPORT 10,000
    CHINMAYA MISSION LOS ANGELES
    14451 FRANKLIN AVENUE
    TUSTIN,CA92780     		  PUBLIC PROGRAM SUPPORT 25,000
    COLETTE'S CHILDREN'S HOME
    7372 PRINCE DR SUITE 106
    HUNTINGTON BEACH,CA92647     		  PUBLIC PROGRAM SUPPORT 85,000
    COURTNEY'S SAND CASTLE FOUNDATION
    P O BOX 73432
    SAN CLEMENTE,CA92673     		  PUBLIC PROGRAM SUPPORT 25,000
    DEVELOPMENT IN LITERACY
    17320 RED HILL AVENUE SUITE 160
    IRVINE,CA92614     		  PUBLIC PROGRAM SUPPORT 2,800
    DHWANI ACADEMY OF PERCUSSION MUSIC
    1275 N CHRISDEN STREET SUITE H202
    ANAHEIM,CA92807     		  PUBLIC PROGRAM SUPPORT 9,000
    DOING GOOD TOGETHER
    5141 16TH AVENUE SOUTH
    MINNEAPOLIS,MN55417     		  PUBLIC PROGRAM SUPPORT 2,500
    D-REV DESIGN REVOLUTION
    695 MINNESOTA AVENUE
    SAN FRANCISCO,CA94107     		  PUBLIC PROGRAM SUPPORT 30,000
    EKAL VIDHYALAYA
    1712 HWY 6 SOUTH SUITE A
    HOUSTON,TX77077     		  PUBLIC PROGRAM SUPPORT 50,000
    EKTAA CENTER
    PO BOX 55102
    IRVINE,CA92619     		  PUBLIC PROGRAM SUPPORT 23,000
    ENOVANT
    PO BOX 8176
    NEWPORT BEACH,CA92658     		  PUBLIC PROGRAM SUPPORT 10,000
    FAMILY REACH FOUNDATION
    2001 ROUTE 46 SUITE 310
    PARSIPANNY,NJ07054     		  PUBLIC PROGRAM SUPPORT 10,000
    FIRST CHOICE BANK
    17414 CARMENITA AVENUE
    CERRITOS,CA90703     		  PUBLIC PROGRAM SUPPORT 1,375
    FOUNDATION FOR WOMEN
    4747 MORENA BLVD SUITE 375
    LO JOLLA,CA92038     		  PUBLIC PROGRAM SUPPORT 1,200
    FREE THE SLAVES
    1320 19TH ST NW SUITE 600
    WASHINGTON,DC20036     		  PUBLIC PROGRAM SUPPORT 25,000
    FREE WHEELCHAIR MISSION
    9341 IRVINE BOULEVARD
    IRVINE,CA92618     		  PUBLIC PROGRAM SUPPORT 50,000
    FREEDOM FOR HUNGER
    1644 DA VINCI COURT
    DAVIS,CA95618     		  PUBLIC PROGRAM SUPPORT 20,000
    FRIEDA C FOX FAMILY FOUNDATION
    12411 VENTURA BLVD
    STUDIO CITY,CA91604     		  PUBLIC PROGRAM SUPPORT 15,000
    FRIENDS OF GUJARAT INC
    354 SHAWN PLACE
    NORTH BRUNSWICK,NJ08902     		  PUBLIC PROGRAM SUPPORT 5,000
    FRIENDS OF NAVDANYA
    32 HIGHLAND MEADOWS LANE
    WESTON,MA02493     		  PUBLIC PROGRAM SUPPORT 2,500
    FUEL FREEDOM FOUNDATION
    18100 VON KARMEN AVENUE SUITE 870
    IRVINE,CA92612     		  PUBLIC PROGRAM SUPPORT 12,092
    FULLERTON INTERFAITH EMERGENCY SERVICE
    P O BOX 6326
    FULLERTON,CA92834     		  PUBLIC PROGRAM SUPPORT 25,000
    FVRR BOOSTER ASSOCIATION
    17816 BUSHARD AVENUE
    FOUNTAIN VALLEY,CA92708     		  PUBLIC PROGRAM SUPPORT 1,000
    GLENNWOOD HOUSING FOUNDATION
    2130 SOUTH COAST HIGHWAY
    LAGUNA BEACH,CA92651     		  PUBLIC PROGRAM SUPPORT 25,000
    HELPEVER FOUNDATION
    6201 LEESBURG PIKE STE 405
    FALLS CHURCH,VA22044     		  PUBLIC PROGRAM SUPPORT 25,000
    HMPS FOUNDATION
    15311 PIONEER BLVD
    NORWALK,CA90650     		  PUBLIC PROGRAM SUPPORT 1,000
    HUMAN OPTIONS INC
    PO BOX 53745
    IRVINE,CA92619     		  PUBLIC PROGRAM SUPPORT 20,000
    INDIAN AMERICAN HERITAGE FOUNDATION
    18021 NORWALK BLVD STE 206
    ARTESIA,CA90701     		  PUBLIC PROGRAM SUPPORT 2,000
    INTERNATIONAL PRINCESS PROJECT
    1954 PLACENTIA AVENUE SUITE 108
    COSTA MESA,CA92627     		  PUBLIC PROGRAM SUPPORT 35,000
    JUMPSTART FOR YOUNG CHILDREN INC
    1625 WEST OLYMPIC BLVD SUITE 1050
    LOS ANGELES,CA90015     		  PUBLIC PROGRAM SUPPORT 10,000
    JUNIOR ACHIEVEMENT OF OC
    301 EAST 17TH STREET SUITE202
    COSTA MESA,CA92627     		  PUBLIC PROGRAM SUPPORT 5,700
    KIDWORKS COMMUNITY DEVELOPMENT CORP
    1902 WEST CHESTNUT AVENUE
    SANTA ANA,CA92703     		  PUBLIC PROGRAM SUPPORT 30,000
    LAKERS YOUTH FOUNDATION
    555 N NASH STREET
    EL SEGUNDO,CA90245     		  PUBLIC PROGRAM SUPPORT 11,500
    LAUREL HOUSE INC
    13722 FAIRMONT WAY
    TUSTIN,CA92780     		  PUBLIC PROGRAM SUPPORT 10,000
    LONG BEACH NON PROFIT
    4900 E CONANT STREET
    LONG BEACH,CA90808     		  PUBLIC PROGRAM SUPPORT 500
    MERCY HOUSE TRANSITIONAL LIVING CENTER INC
    PO BOX 1905
    SANTA ANA,CA92702     		  PUBLIC PROGRAM SUPPORT 25,000
    MIND RESEARCH INSTITUTE
    111 ACADEMY STE 100
    IRVINE,CA92617     		  PUBLIC PROGRAM SUPPORT 44,450
    NATIONAL CENTER FOR FAMILY PHILANTHROPY
    1101 CONNECTICUT AVE NW SUITE 220
    WASHINGTON,DC20036     		  PUBLIC PROGRAM SUPPORT 1,000
    ONE HEART WORLD-WIDE
    1818 PACHECO STREET
    SAN FRANCISCO,CA94116     		  PUBLIC PROGRAM SUPPORT 10,135
    ORANGE COUNTY BAR FOUNDATION
    4101 WESTERLY PLACE
    NEWPORT BEACH,CA92660     		  PUBLIC PROGRAM SUPPORT 15,000
    ORANGE COUNTY COMMUNITY FOUNDATION
    4041 MACARTHUR BLVD SUITE 510
    NEWPORT BEACH,CA92660     		  PUBLIC PROGRAM SUPPORT 12,500
    ORANGE COUNTY HUMAN RELATIONS COUNCIL
    1300 SOUTH GRAND AVENUE SUITE B
    SANTA ANA,CA92705     		  PUBLIC PROGRAM SUPPORT 20,000
    PARIKRMA HUMANITY FOUNDATION
    2515 NW 18TH WAY
    GAINSVILLE,FL32605     		  PUBLIC PROGRAM SUPPORT 15,400
    PHOENIX MULTISPORT
    4734 WALNUT STREET SUITE C
    BOULDER,CO80301     		  PUBLIC PROGRAM SUPPORT 125,000
    POWER 4 YOUTH
    607 E 3RD STREET
    LONG BEACH,CA90802     		  PUBLIC PROGRAM SUPPORT 5,000
    PROJECT ACCESS INC
    3900 BIRCH STREET SUITE 113
    NEWPORT BEACH,CA92660     		  PUBLIC PROGRAM SUPPORT 20,000
    PROJECT CONCERN INTERNATIONAL
    5151 MURPHY CANYON ROAD 320
    SAN DIEGO,CA92123     		  PUBLIC PROGRAM SUPPORT 36,000
    PROJECT HOPE SCHOOL FOUNDATION
    343 EAST GROVE AVENUE
    ORANGE,CA92865     		  PUBLIC PROGRAM SUPPORT 50,000
    QUE RICO
    89 COLERIDGE WAY
    ELSTREE HERTS   WD6 2AE
    UK     		  PUBLIC PROGRAM SUPPORT 20,000
    RAMJI MANDIR
    AT POST BARDOLI KADOD ROAD
    BARDOLI SURAT,GUJARAT394601
    IN     		  PUBLIC PROGRAM SUPPORT 32,000
    RISING STAR OUTREACH INC
    3305 NORTH UNIVERSITY AVE STE 250
    PROVO,UT84604     		  PUBLIC PROGRAM SUPPORT 70,000
    ROTARY EYE INSTITUTE
    LMS EYE HOSPITAL DUDHIA TALAV
    NAVSARI,GUJARAT396445
    IN     		  PUBLIC PROGRAM SUPPORT 25,000
    SAGE HILL SCHOOL
    20402 NEWPORT COAST DRIVE
    NEWPORT COAST,CA92657     		  PUBLIC PROGRAM SUPPORT 252,500
    SHARP HEALTHCARE FOUNDATION
    8695 SPECTRUM CENTER BLVD
    SAN DIEGO,CA92123     		  PUBLIC PROGRAM SUPPORT 10,000
    SHREE SURAT JILLA LEUVA PATIDAR SAMAJ
    NH 6 DHULIA ROAD
    BARDOLI SURAT,GUJARAT394610
    IN     		  PUBLIC PROGRAM SUPPORT 100,000
    SMILE TRAIN
    PO BOX 96231
    WASHINGTON,DC20090     		  PUBLIC PROGRAM SUPPORT 2,500
    SOCIETY OF RURAL ASSISTANCE OF INDIA
    6532 N VISTA STREET
    SAN GABRIEL,CA91775     		  PUBLIC PROGRAM SUPPORT 2,500
    SOUTH ASIAN HELP & REFERRAL AGENCY
    17100 PIONEER BLVD SUITE 260
    ARTESIA,CA90701     		  PUBLIC PROGRAM SUPPORT 58,500
    SOUTH ASIAN NETWORK
    18173 PIONEER BLVD STE 260
    ARTESIA,CA90701     		  PUBLIC PROGRAM SUPPORT 1,000
    SOUTH COUNTY OUTREACH
    26776 VISTA TERRACE
    LAKE FOREST,CA92630     		  PUBLIC PROGRAM SUPPORT 50,000
    ST MARGARET'S EPISCOPAL SCHOOL
    31641 LA NOVIA
    SAN JUAN CAPISTRANO,CA92675     		  PUBLIC PROGRAM SUPPORT 2,750
    ST THOMAS SYRO-MALABAR CHURCH
    5021 W 16TH STREET
    SANTA ANA,CA92703     		  PUBLIC PROGRAM SUPPORT 5,000
    SURAT MANAV SEVA SANGH
    OPP HANUMAN TEMPLE AT POST MANDVI
    DISTRICT SURAT,GUJARAT394160
    IN     		  PUBLIC PROGRAM SUPPORT 25,000
    TEN CHARITIES
    807 E RED HOUSE BRANCH RD
    ST AUGUSTINE,FL32084     		  PUBLIC PROGRAM SUPPORT 55,000
    THE PREM RAWAT FOUNDATION
    PO BOX 24-1498
    LOS ANGELES,CA90024     		  PUBLIC PROGRAM SUPPORT 75,000
    THE RAISE FOUNDATION
    1920 E WARNER STREET SUITE A
    SANTA ANA,CA92705     		  PUBLIC PROGRAM SUPPORT 10,000
    THE TUMAINI PROJECT
    933 GOLDEN HAWK DRIVE
    AUBURN,IN46706     		  PUBLIC PROGRAM SUPPORT 20,000
    THESE NUMBERS HAVE FACES INC
    17 SE 3RD AVENUE STE 507
    PORTLAND,OR97214     		  PUBLIC PROGRAM SUPPORT 39,850
    VIDYABHARTI TRUST
    AT PO UMRAKH
    BARDOLI SURAT,GUJARAT394345
    IN     		  PUBLIC PROGRAM SUPPORT 88,900
    VYASA LA
    11722 FARINA STREET
    NORWALK,CA90650     		  PUBLIC PROGRAM SUPPORT 5,000
    WISDOM IN ACTION
    4225 SOLANO AVENUE SUITE 626
    NAPA,CA94558     		  PUBLIC PROGRAM SUPPORT 5,000
    YOUNG HORIZONS
    501 ATLANTIC AVENUE
    LONG BEACH,CA90802     		  PUBLIC PROGRAM SUPPORT 10,000
    Total .................................bullet 3a 2,357,628
    bApproved for future payment
    Total .................................bullet 3b 0
    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 ............     		    14 75,189  
    4 Dividends and interest from securities....     14 871,432  
    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.....     18 84,832  
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 1,890,506  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aBLACKSTONE ENERGY PARTNERS Q LP ORDINARY BUSINESS INCOME 900099 -21,221      
    bBLACKSTONE ENERGY PARTNERS Q LP INTANGIBLE DRILLING & DEV. COSTS 900099 -51,524      
    cBLACKSTONE ENERGY PARTNERS Q LP RENTAL INCOME 900099 317      
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. -72,428 2,921,959 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    132,849,531
    (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2013
    Name of the organization
    TARSADIA FOUNDATION
     
    Employer identification number

    33-0879062
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......................... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 2
    Name of organization
    TARSADIA FOUNDATION
          		Employer identification number

    33-0879062
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    KRISHAN TARSADIA TRUST  
    277 WEST 4TH STREET 2
     
    NEW YORK, NY10014

    		$7,000,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
     
     

    T-TWELVE LEGACY TRUST  
    277 WEST 4TH STREET 2
     
    NEW YORK, NY10014

    		$5,400,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
     
     

    SUNIL AND MAYA PATEL  
    620 NEWPORT CENTER DRIVE 14TH FLOOR
     
    NEWPORT BEACH, CA92660

    		$2,000,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
     
     

    BU PATEL  
    620 NEWPORT CENTER DRIVE 14TH FLOOR
     
    NEWPORT BEACH, CA92660

    		$4,000,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 3
    Name of organization
    TARSADIA FOUNDATION
          		Employer identification number

    33-0879062
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 4
    Name of organization
    TARSADIA FOUNDATION
          		Employer identification number

    33-0879062
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2013 AccountingFeesSchedule
    Name:
    TARSADIA FOUNDATION
    EIN: 33-0879062
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 5,478 0   5,478

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    TARSADIA FOUNDATION
    EIN: 33-0879062
    Name of Stock End of Year Book Value End of Year Fair Market Value
    FIRST CHOICE BANK 1,290,000 1,715,000
    TD AMERITRADE 16,934,792 16,970,334

    TY 2013 InvestmentsOtherSchedule2
    Name:
    TARSADIA FOUNDATION
    EIN: 33-0879062
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BLACKSTONE RETAIL PRINCIPAL TRANS PTR LP AT COST 1,810,895 3,561,752
    BLACKSTONE ENERGY PARTNERS LP AT COST 588,351 1,593,237

    TY 2013 LegalFeesSchedule
    Name:
    TARSADIA FOUNDATION
    EIN: 33-0879062
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 21 0   21


    TY 2013 OtherAssetsSchedule
    Name:
    TARSADIA FOUNDATION
    EIN: 33-0879062
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DIVIDENDS RECEIVABLE   75,000 75,000


    TY 2013 OtherDecreasesSchedule
    Name:
    TARSADIA FOUNDATION
    EIN: 33-0879062
    Description Amount
    ROUNDING DIFFERENCE 2


    TY 2013 OtherExpensesSchedule
    Name:
    TARSADIA FOUNDATION
    EIN: 33-0879062
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK CHARGES 774 0   774
    DUES & SUBSCRIPTIONS 1,740 0   1,740
    MANAGEMENT FEES 61,656 61,656   0
    MISCELLANEOUS 12,324 0   12,324
    OFFICE EXPENSE 2,730 0   2,730
    OFFICE SUPPLIES 1,433 0   1,433
    PASSTHRU INVESTMENT INTEREST EXP 4,608 4,608   0
    PASSTHRU PORTFOLIO DEDUCTIONS 10,972 10,972   0
    PROGRAM & GRANT MAKING EXPENSE 886 0   886
    WEB HOSTING FEES 600 0   600
    INSURANCE 6,121 0   6,121


    TY 2013 OtherIncomeSchedule2
    Name:
    TARSADIA FOUNDATION
    EIN: 33-0879062
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    NOTE RECEIVABLE INTEREST 17,148 17,148 17,148
    BLACKSTONE ENERGY PARTNERS Q LP 1 1 1
    BLACKSTONE ENERGY PARTNERS Q LP CAPITAL GAIN INC 94 94 94
    BEP LP-CAPITAL GAIN INC 67,589 67,589 67,589
    BLACKSTONE ENERGY PARTNERS Q LP ORDINARY BUSINESS INCOME -21,221   0
    BLACKSTONE ENERGY PARTNERS Q LP INTANGIBLE DRILLING & DEV. COSTS -51,524   -51,524
    BLACKSTONE ENERGY PARTNERS Q LP RENTAL INCOME 317   317


    TY 2013 OtherIncreasesSchedule
    Name:
    TARSADIA FOUNDATION
    EIN: 33-0879062
    Description Amount
    PASSTHROUGH INCOME BOOK/TAX DIFFERENCE 10,784
    BRP BOOK/TAX DIFFERENCE 5,973


    TY 2013 OtherProfessionalFeesSchedule
    Name:
    TARSADIA FOUNDATION
    EIN: 33-0879062
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING 39,400 0   39,400


    TY 2013 SubstantialContributorsSch
    Name:
    TARSADIA FOUNDATION
    EIN: 33-0879062
    Name Address
    KRISHAN TARSADIA TRUST 277 WEST 4TH STREET 2
    NEW YORK,NY10014
    T-TWELVE LEGACY TRUST 277 WEST 4TH STREET 2
    NEW YORK,NY10014
    SUNIL AND MAYA PATEL 620 NEWPORT CENTER 14TH FL
    NEWPORT BEACH,CA92660
    BU PATEL 620 NEWPORT CENTER 14TH FL
    NEWPORT BEACH,CA92660


    TY 2013 TaxesSchedule
    Name:
    TARSADIA FOUNDATION
    EIN: 33-0879062
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    REGISTRY OF CHARITABLE TRUST 150 0   150
    US TREASURY 120,000 0   0
    OTHER TAXES & FEES 235 0   235