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.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2014
Open to Public Inspection
For calendar year 2014, or tax year beginning 2014, and ending , 20
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$69,717,822J 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).............. 9,800,000
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments 38,134 38,134  
4 Dividends and interest from securities...... 1,116,647 1,116,647  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,244,161
b Gross sales price for all assets on line 6a 23,676,537
7 Capital gain net income (from Part IV, line 2)... 2,244,161
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 806,753 918,668  
12 Total. Add lines 1 through 11........ 14,005,695 4,317,610  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 156,000 0   156,000
14 Other employee salaries and wages...... 5,659 0   5,659
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 121 0   121
b Accounting fees (attach schedule)....... Click to see attachment 45,232 0   45,232
c Other professional fees (attach schedule).... Click to see attachment 15,350 0   15,350
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 35,331 0   11,055
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 58,177 0   58,177
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 130,460 68,998   61,462
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 446,330 68,998   353,056
25 Contributions, gifts, grants paid........ 3,723,396 3,723,396
26 Total expenses and disbursements. Add lines 24 and 25 4,169,726 68,998   4,076,452
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 9,835,969
b Net investment income (if negative, enter -0-) 4,248,612
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
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............... 33,162 32,765 32,765
2 Savings and temporary cash investments.......... 34,144,347 36,288,067 36,288,067
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        
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)........ 18,224,792 Click to see attachment25,541,354 27,325,501
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)........... 2,399,246 Click to see attachment3,061,986 5,784,044
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment75,000 Click to see attachment25,000 Click to see attachment287,445
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 54,876,547 64,949,172 69,717,822
Liabilities 17 Accounts payable and accrued expenses.......... 13,665 3,952
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).......... 13,665 3,952
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted................... 54,862,882 64,945,220
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 instructions)...... 54,862,882 64,945,220
31 Total liabilities and net assets/fund balances (see instructions).. 54,876,547 64,949,172
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 54,862,882
2 Enter amount from Part I, line 27a..................... 2 9,835,969
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 246,369
4 Add lines 1, 2, and 3.......................... 4 64,945,220
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 64,945,220
Form 990-PF (2014)
Form 990-PF (2014)
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 300,000 SHS HOSPITALITY PROPERTIES   2014-02-04 2014-11-05
b 78,883 SHS HOSPITALITY PROPERTIES   2013-09-26 2014-08-28
c 14,999 SHS PEBBLEBROOK HOTEL   2014-01-07 2014-11-10
d 754 SHS STRATEGIC HOTELS & RESORTS   2014-01-07 2014-02-06
e 20,000 SHS STRATEGIC HOTELS & RESORTS   2014-01-01 2014-07-03
9,999 SHS SUMMIT HOTEL PPTYS INC   2014-01-01 2014-11-03
10,000 SHS APPLE INC   2013-01-01 2014-05-19
30,000 SHS FELCOR LODGING TRUST   2013-01-01 2014-03-04
50,000 SHS HOSPITALITY PROPERTIES   2013-01-01 2014-03-10
41.317 SHS HOSPITALITY PROPERTIES TRUST   2013-10-18 2014-12-22
100,000 SHS SUNSTONE HOTEL INVESTORS INC   2011-08-09 2014-05-07
(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 8,713,986   7,780,853 933,133
b 2,001,150   1,941,479 59,671
c 370,417   310,046 60,371
d 18,592   18,234 358
e 500,000   480,479 19,521
259,858   217,008 42,850
6,006,286   6,048,492 -42,206
736,289   388,877 347,412
1,367,313   1,163,623 203,690
1,087,538   1,015,360 72,178
2,615,108   2,067,925 547,183
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       933,133
b       59,671
c       60,371
d       358
e       19,521
      42,850
      -42,206
      347,412
      203,690
      72,178
      547,183
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 2,244,161
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 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))
2013 2,726,647 39,846,276 0.068429
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
2 Total of line 1, column (d) ...................... 2 0.345363
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 0.069073
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 59,015,488
5 Multiply line 4 by line 3....................... 5 4,076,377
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 42,486
7 Add lines 5 and 6......................... 7 4,118,863
8 Enter qualifying distributions from Part XII, line 4.............. 8 4,076,452
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 (2014)
Form 990-PF (2014)
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 84,972
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 84,972
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 84,972
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 56,920
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 60,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 116,920
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 31,948
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet31,948 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 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 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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 2014, 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 FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    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 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 2014?.............
    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 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    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 2014 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 2014.)....................
    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 2014?
    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 4945(d)(4)(A)? (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 (2014)
    Form 990-PF (2014)
    Page 7
    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     		156,000 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 (2014)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................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
    17,077,724
    b
    Average of monthly cash balances.......................
    1b
    37,052,433
    c
    Fair market value of all other assets (see instructions)................
    1c
    5,784,044
    d
    Total (add lines 1a, b, and c).........................
    1d
    59,914,201
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    59,914,201
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    898,713
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    59,015,488
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,950,774
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    2,950,774
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    84,972
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    84,972
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,865,802
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,865,802
    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
    2,865,802
    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
    4,076,452
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    4,076,452
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    4,076,452
    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 (2014)
    Form 990-PF (2014)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2013     		(c)
    2013     		(d)
    2014
    1 Distributable amount for 2014 from Part XI, line 7 2,865,802
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 440,756
    b From 2010....... 282,804
    c From 2011....... 1,017,089
    d From 2012....... 284,457
    e From 2013....... 791,227
    fTotal of lines 3a through e......... 2,816,333
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 4,076,452
    a Applied to 2013, 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 2014 distributable amount..... 2,865,802
    e Remaining amount distributed out of corpus 1,210,650
    5 Excess distributions carryover applied to 2014. 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 4,026,983
    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 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		440,756
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		3,586,227
    10 Analysis of line 9:
    a Excess from 2010.... 282,804
    b Excess from 2011.... 1,017,089
    c Excess from 2012.... 284,457
    d Excess from 2013.... 791,227
    e Excess from 2014.... 1,210,650
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2014, 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) 2014 (b) 2013 (c) 2012 (d) 2011
             
    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 or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    AMERICAN INDIA FOUNDATION
    216 EAST 45TH STREET
    NEW YORK,NY10037     		  PUBLIC PROGRAM SUPPORT 62,000
    ANEKANT COMMUNITY CENTER
    PO BOX 167
    BUENA PARK,CA90621     		  PUBLIC PROGRAM SUPPORT 10,000
    BAPS CHARITIES
    81 SUTTON LANE SUITE 201
    PISCATAWAY,NJ08854     		  PUBLIC PROGRAM SUPPORT 10,001
    BARDOLI PARDESH KELAVANI MANDAL
    MAHUVA ROAD TALOKA BARDOLI
    DIST SURAT,GUJARAT394350
    IN     		  PUBLIC PROGRAM SUPPORT 708,000
    BOYS & GIRLS CLUB OF SANTA ANA INC
    250 N GOLDEN CIRCLE
    SANTA ANA,CA92705     		  PUBLIC PROGRAM SUPPORT 100,000
    CHAPMAN UNIVERSITY
    ONE UNIVERSITY DRIVE
    ORANGE,CA92866     		  PUBLIC PROGRAM SUPPORT 27,500
    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 204,000
    COURT APPOINTED SPECIAL ADVOCATES
    1615 E 17TH ST STE 100
    SANTA ANA,CA92705     		  PUBLIC PROGRAM SUPPORT 21,000
    EKAL VIDHYALAYA
    1712 HWY 6 SOUTH SUITE A
    HOUSTON,TX77077     		  PUBLIC PROGRAM SUPPORT 202,500
    EKTAA CENTER
    PO BOX 55102
    IRVINE,CA92619     		  PUBLIC PROGRAM SUPPORT 10,000
    ENOVANT
    PO BOX 8176
    NEWPORT BEACH,CA92658     		  PUBLIC PROGRAM SUPPORT 15,000
    FAMILY REACH FOUNDATION
    2001 ROUTE 46 SUITE 310
    PARSIPANNY,NJ07054     		  PUBLIC PROGRAM SUPPORT 25,000
    FREE WHEELCHAIR MISSION
    15279 ALTON PARKWAY SUITE 300
    IRVINE,CA92618     		  PUBLIC PROGRAM SUPPORT 105,712
    FRIEDA C FOX FAMILY FOUNDATION
    12411 VENTURA BLVD
    STUDIO CITY,CA91604     		  PUBLIC PROGRAM SUPPORT 15,000
    HMPS FOUNDATION
    15311 PIONEER BLVD
    NORWALK,CA90650     		  PUBLIC PROGRAM SUPPORT 45,000
    INDIAN AMERICAN HERITAGE FOUNDATION
    18021 NORWALK BLVD STE 206
    ARTESIA,CA90701     		  PUBLIC PROGRAM SUPPORT 2,500
    INTERNATIONAL PRINCESS PROJECT
    1954 PLACENTIA AVENUE SUITE 108
    COSTA MESA,CA92627     		  PUBLIC PROGRAM SUPPORT 5,000
    KIDWORKS COMMUNITY DEVELOPMENT CORP
    1902 WEST CHESTNUT AVENUE
    SANTA ANA,CA92703     		  PUBLIC PROGRAM SUPPORT 2,500
    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 2,500
    LONG BEACH NON PROFIT
    4900 E CONANT STREET
    LONG BEACH,CA90808     		  PUBLIC PROGRAM SUPPORT 500
    MIND RESEARCH INSTITUTE
    111 ACADEMY STE 100
    IRVINE,CA92617     		  PUBLIC PROGRAM SUPPORT 1,000
    NATIONAL CENTER FOR FAMILY PHILANTHROPY
    1101 CONNECTICUT AVE NW SUITE 220
    WASHINGTON,DC20036     		  PUBLIC PROGRAM SUPPORT 2,500
    ORANGE COUNTY COMMUNITY FOUNDATION
    4041 MACARTHUR BLVD SUITE 510
    NEWPORT BEACH,CA92660     		  PUBLIC PROGRAM SUPPORT 32,500
    ORANGE COUNTY HUMAN RELATIONS COUNCIL
    1300 SOUTH GRAND AVENUE SUITE B
    SANTA ANA,CA92705     		  PUBLIC PROGRAM SUPPORT 7,500
    PHOENIX MULTISPORT
    4734 WALNUT STREET SUITE C
    BOULDER,CO80301     		  PUBLIC PROGRAM SUPPORT 125,000
    RAMJI MANDIR
    AT POST BARDOLI KADOD ROAD
    BARDOLI SURAT,GUJARAT394601
    IN     		  PUBLIC PROGRAM SUPPORT 25,000
    RISING STAR OUTREACH INC
    3305 NORTH UNIVERSITY AVE STE 250
    PROVO,UT84604     		  PUBLIC PROGRAM SUPPORT 3,500
    SAGE HILL SCHOOL
    20402 NEWPORT COAST DRIVE
    NEWPORT COAST,CA92657     		  PUBLIC PROGRAM SUPPORT 105,000
    SMILE TRAIN
    PO BOX 96231
    WASHINGTON,DC20090     		  PUBLIC PROGRAM SUPPORT 5,000
    SOUTH ASIAN HELP & REFERRAL AGENCY
    17100 PIONEER BLVD SUITE 260
    ARTESIA,CA90701     		  PUBLIC PROGRAM SUPPORT 5,000
    ST MARGARET'S EPISCOPAL SCHOOL
    31641 LA NOVIA
    SAN JUAN CAPISTRANO,CA92675     		  PUBLIC PROGRAM SUPPORT 2,600
    THE TUMAINI PROJECT
    933 GOLDEN HAWK DRIVE
    AUBURN,IN46706     		  PUBLIC PROGRAM SUPPORT 6,000
    THESE NUMBERS HAVE FACES INC
    17 SE 3RD AVENUE STE 507
    PORTLAND,OR97214     		  PUBLIC PROGRAM SUPPORT 22,500
    VIDYABHARTI TRUST
    AT PO UMRAKH
    BARDOLI SURAT,GUJARAT394345
    IN     		  PUBLIC PROGRAM SUPPORT 50,000
    AKSHAYA PATRA FOUNDATION USA
    92 MONTVALE AVENUE SUITE 2500
    STONEHAM,MA02180     		  PUBLIC PROGRAM SUPPORT 152,500
    ARC FINANCE
    70 OVERLOOK ROAD
    HASTINGS ON HUDSON,NY10706     		  PUBLIC PROGRAM SUPPORT 100,000
    BABSON COLLEGE
    231 FOREST STREET
    BABSON PARK,MA02457     		  PUBLIC PROGRAM SUPPORT 325,250
    GIVE2ASIA
    340 PINE STREET SUITE 501
    SAN FRANCISCO,CA94101     		  PUBLIC PROGRAM SUPPORT 100,000
    LATE DIWALIBHEN UKABHAI TRUST
    RAMJI MANDIR KADOD ROAD
    BARDOLI SURAT,GUJARAT394601
    IN     		  PUBLIC PROGRAM SUPPORT 100,000
    LESTONNAC FREE CLINIC
    1215 EAST CHAPMAN BLVD
    ORANGE,CA92866     		  PUBLIC PROGRAM SUPPORT 105,000
    MANAV SADHNA
    1916 PASTORAL LANE
    HANOVER,IL60133     		  PUBLIC PROGRAM SUPPORT 110,000
    OLIVE CREST TREATMENT CENTERS INC
    2130 EAST 4TH STREET SUITE 200
    SANTA ANA,CA92705     		  PUBLIC PROGRAM SUPPORT 100,000
    SRI AUROBINDO CENTER SE
    60 POINTE CIRCLE
    GREENVILLE,SC29615     		  PUBLIC PROGRAM SUPPORT 166,500
    ALAPIO
    3148 FOND DR
    ENCINO,CA91436     		  PUBLIC PROGRAM SUPPORT 13,000
    ALZHEIMER'S ASSOCIATION
    1060 LA AVENIDA ST
    MOUNTAINVIEW,CA94043     		  PUBLIC PROGRAM SUPPORT 1,000
    BAY AREA OUTREACH & RECREATION PROG
    3075 ADELINE ST 200
    BERKELEY,CA94703     		  PUBLIC PROGRAM SUPPORT 2,500
    BOYS & GIRLS CLUB OF CAPISTRANO VALLEY
    1 VIA POSITIVA
    SAN JUAN CAPISTRANO,CA92675     		  PUBLIC PROGRAM SUPPORT 2,500
    CA STUDENT SUSTAINABILITY COALITION
    2119 5TH ST
    BERKELEY,CA94710     		  PUBLIC PROGRAM SUPPORT 1,000
    CASITA MARIA CENTER FOR THE ARTS
    928 SIMPSON ST
    BRONX,NY10459     		  PUBLIC PROGRAM SUPPORT 2,500
    EAGLES OF EIGHTY-TWO INC
    1009 E WALNUT AVE
    EL SEGUNDO,CA90245     		  PUBLIC PROGRAM SUPPORT 5,000
    ECOLOGY CENTER
    32701 ALIPAZ ST
    SAN JUAN CAPISTRANO,CA92675     		  PUBLIC PROGRAM SUPPORT 20,000
    EL CAMINO COLLEGE FOUNDATION
    16007 CRENSHAW BLVD
    TORRANCE,CA90506     		  PUBLIC PROGRAM SUPPORT 2,500
    ENDEAVOR COLLEGE PREP CHAT SCHOOL INC
    126 BLOOM ST
    LOS ANGELES,CA90012     		  PUBLIC PROGRAM SUPPORT 5,000
    EOTO INC
    16491 SCIENTIFIC WAY
    IRVINE,CA92618     		  PUBLIC PROGRAM SUPPORT 5,000
    EXPONENT PHILANTHROPY
    1720 N ST NW
    WASHINGTON,DC20036     		  PUBLIC PROGRAM SUPPORT 20,000
    FEMINIST MAJORITY FOUNDATION
    283 COLUMBINE ST SUITE 149
    DENVER,CO80209     		  PUBLIC PROGRAM SUPPORT 2,500
    FOOD TRUST
    1617 JOHN F KENNEDY BL SUITE 900
    PHILADELPHIA,PA19103     		  PUBLIC PROGRAM SUPPORT 2,500
    FRESH START SURGICAL GIFTS
    2011 PALOMAR AIRPORT ROAD SUITE 206
    CARLSBAD,CA92011     		  PUBLIC PROGRAM SUPPORT 2,500
    GRANTMAKERS FOR EFFECTIVE ORGANIZATION
    1725 DESALES ST NW SUITE 404
    WASHINGTON,DC20036     		  PUBLIC PROGRAM SUPPORT 1,220
    ILLUMINATION FOUNDATION
    2691 RICHTER AVE SUITE 107
    IRVINE,CA92606     		  PUBLIC PROGRAM SUPPORT 2,500
    INDEPENDENT AWAKENING
    PO BOX 10382
    CHICAGO,IL60610     		  PUBLIC PROGRAM SUPPORT 2,500
    INDIAN FILM FESTIVAL OF LOS ANGELES
    5657 WILSHIRE BOULEVARD 130
    LOS ANGELES,CA90036     		  PUBLIC PROGRAM SUPPORT 5,000
    INTERNATIONAL SOCIETY CHILDREN WITH CANCER
    17155 GILLETTE AVE UNIT B
    IRVINE,CA92614     		  PUBLIC PROGRAM SUPPORT 5,000
    JIVAN BUILDERS INC
    6789 QUAIL HILL PKWY 618
    IRVINE,CA92603     		  PUBLIC PROGRAM SUPPORT 11,749
    THINK TOGETHER
    2100 EAST 4TH ST SUITE 200
    SANTA ANA,CA92705     		  PUBLIC PROGRAM SUPPORT 6,000
    LEARN TO BE
    1268 N LAKEVIEW AVE SUITE 201
    ANAHEIM,CA92807     		  PUBLIC PROGRAM SUPPORT 10,000
    MILES FOR HOPE INC
    2561 NURSERY ROAD SUITE D
    CLEARWATER,FL33764     		  PUBLIC PROGRAM SUPPORT 1,000
    MOUNT OF OLIVES CHURCH
    24772 CHRISANTA DR
    MISSION VIEJO,CA92691     		  PUBLIC PROGRAM SUPPORT 5,000
    NATIONAL MULTIPLE SCLEROSIS SOCIETY
    733 THIRD AVE
    NEW YORK,NY10017     		  PUBLIC PROGRAM SUPPORT 2,500
    OPERATION HELP A HERO
    PO BOX 80996
    RANCHO SANTA MARGARITA,CA92688     		  PUBLIC PROGRAM SUPPORT 2,500
    PEOPLE'S EMERGENCY CENTER
    325 N 39TH ST
    PHILADELPHIA,PA19104     		  PUBLIC PROGRAM SUPPORT 2,500
    PROJECT HOPE ALLIANCE
    1954 PLACENTIA AVENUE SUITE 202
    COSTA MESA,CA92627     		  PUBLIC PROGRAM SUPPORT 50,000
    MERCY HOUSE
    1505 E 17TH ST
    SANTA ANA,CA92705     		  PUBLIC PROGRAM SUPPORT 2,164
    SAHARA
    17100 PIONEER BLVD SUITE 260
    ARTESIA,CA90701     		  PUBLIC PROGRAM SUPPORT 32,500
    SAI EDUCARE TRUST
    NO 10 GANDHI ST NEMILICHERY
    CHROMEPET
    CHENNAI,TAMIL NADU600044
    IN     		  PUBLIC PROGRAM SUPPORT 25,000
    SANKARA EYE FOUNDATION
    1900 MCCARTHY BLVD SUITE 302
    MILPITAS,CA95035     		  PUBLIC PROGRAM SUPPORT 5,000
    SEEDS OF HOPE INTERNATIONAL PARTNERSHIPS
    PO BOX 4405
    SAN LUIS OBISPO,CA93403     		  PUBLIC PROGRAM SUPPORT 25,000
    SHARE OUR SELVES CORP
    1550 SUPERIOR AVE
    COSTA MESA,CA92627     		  PUBLIC PROGRAM SUPPORT 2,500
    SOMEONE CARES KITCHEN
    PO BOX 11267
    COSTA MESA,CA92627     		  PUBLIC PROGRAM SUPPORT 2,500
    STOP SAM INC
    1150 LAKE HEARN DR SUITE 640
    ATLANTA,GA30342     		  PUBLIC PROGRAM SUPPORT 30,000
    THE DAVID SHELDRICK WILDLIFE TRUST
    201 NORTH ILLINOIS ST 16TH FL -
    SOUTH TOWER
    INDIANAPOLIS,IN46204     		  PUBLIC PROGRAM SUPPORT 2,500
    TIDES CENTER
    1014 TORNEY AVE
    SAN FRANCISCO,CA94129     		  PUBLIC PROGRAM SUPPORT 2,500
    UC IRVINE REGENTSSAMUELI CENTER
    1202 BRISTOL ST
    COSTA MESA,CA92626     		  PUBLIC PROGRAM SUPPORT 25,000
    UNITE FOR SIGHT
    234 CHURCH ST 15TH FL
    NEW HAVEN,CT06510     		  PUBLIC PROGRAM SUPPORT 2,500
    YALLA SD
    353 E PARK AVE SUITE 204
    EL CAJON,CA92020     		  PUBLIC PROGRAM SUPPORT 77,700
    WOMEN HELPING WOMEN
    1800 EAST MCFADDEN AVE SUITE 1A
    SANTA ANA,CA92705     		  PUBLIC PROGRAM SUPPORT 5,000
    WOMEN'S GLOBAL EMPOWERMENT FUND
    283 COLUMBINE ST SUITE 149
    DENVER,CO80209     		  PUBLIC PROGRAM SUPPORT 2,500
    MAGIC BUS
    240 KENT AVE SUITE K3A1
    NEW YORK,NY11249     		  PUBLIC PROGRAM SUPPORT 500
    UNITED WAY
    18012 MITCHELL SOUTH
    IRVINE,CA92614     		  PUBLIC PROGRAM SUPPORT 7,000
    NATIONAL MULTIPLE SCLEROSIS SOCIETY
    733 THIRD AVE
    NEW YORK,NY10017     		  PUBLIC PROGRAM SUPPORT 1,000
    CONCERT CAMBODIA
    560 PHUM STOUENG THMEY SVAY DANKUM
    COMMUNE
    SIEM REAP   72000
    CB     		  PUBLIC PROGRAM SUPPORT 15,000
    Total .................................bullet 3a 3,723,396
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    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 38,134  
    4 Dividends and interest from securities....     14 1,116,647  
    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.....     18 918,668  
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 2,244,161  
    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 -13,616      
    bBLACKSTONE ENERGY PARTNERS Q LP INTANGIBLE DRILLING & DEV. COSTS 900099 -99,068      
    cBLACKSTONE ENERGY PARTNERS Q LP RENTAL INCOME 900099 769      
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. -111,915 4,317,610 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    134,205,695
    (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 (2014)
    Form 990-PF (2014)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) 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) 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 (2014)
    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
    2014
    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) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    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
     
     

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

    		$2,800,000


    (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.)
    (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) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    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) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 4
    Name of organization
    TARSADIA FOUNDATION
          		Employer identification number

    33-0879062
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10)
    that total more than $1,000 for the year from any one contributor. 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) (2014)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2014 AccountingFeesSchedule
    Name:
    TARSADIA FOUNDATION
    EIN: 33-0879062
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 45,232 0   45,232

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    TARSADIA FOUNDATION
    EIN: 33-0879062
    Name of Stock End of Year Book Value End of Year Fair Market Value
    FIRST CHOICE BANK 2,021,400 3,088,000
    TD AMERITRADE 8,519,954 9,237,501
    PREFERRED BANK CD 15,000,000 15,000,000

    TY 2014 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 434,819 2,270,258
    BLACKSTONE ENERGY PARTNERS LP AT COST 2,627,167 3,513,786

    TY 2014 LegalFeesSchedule
    Name:
    TARSADIA FOUNDATION
    EIN: 33-0879062
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 121 0   121


    TY 2014 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 25,000 287,445


    TY 2014 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 1,641 0   1,641
    DUES & SUBSCRIPTIONS 4,080 0   4,080
    MANAGEMENT FEES 45,434 45,434   0
    MISCELLANEOUS 6,687 0   6,687
    OFFICE EXPENSE 7,070 0   7,070
    OFFICE SUPPLIES 2,572 0   2,572
    PASSTHRU INVESTMENT INTEREST EXP 12,729 12,729   0
    PASSTHRU PORTFOLIO DEDUCTIONS 10,835 10,835   0
    PROGRAM & GRANT MAKING EXPENSE 19,394 0   19,394
    WEB HOSTING FEES 600 0   600
    INSURANCE 19,108 0   19,108
    POSTAGE 119 0   119
    PRINTING 191 0   191


    TY 2014 OtherIncomeSchedule2
    Name:
    TARSADIA FOUNDATION
    EIN: 33-0879062
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    BLACKSTONE ENERGY PARTNERS Q LP 9 9 9
    BLACKSTONE ENERGY PARTNERS Q LP CAPITAL GAIN INC 40 40 40
    BLACKSTONE RETAIL PRINCIPAL TRANSACTION PTRS LP-CAPITAL GAIN INC 608,237 608,237 608,237
    BEP LP-CAPITAL GAIN INC 263,483 263,483 263,483
    AMERITRADE 4,000 4,000 4,000
    AMERITRADE-CAPITAL GAIN DISTRIBUTIONS 42,899 42,899 42,899
    BLACKSTONE ENERGY PARTNERS Q LP ORDINARY BUSINESS INCOME -13,616   -13,616
    BLACKSTONE ENERGY PARTNERS Q LP INTANGIBLE DRILLING & DEV. COSTS -99,068   -99,068
    BLACKSTONE ENERGY PARTNERS Q LP RENTAL INCOME 769   769


    TY 2014 OtherIncreasesSchedule
    Name:
    TARSADIA FOUNDATION
    EIN: 33-0879062
    Description Amount
       
       


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    TARSADIA FOUNDATION
    EIN: 33-0879062
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING 15,350 0   15,350


    TY 2014 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 2014 TaxesSchedule
    Name:
    TARSADIA FOUNDATION
    EIN: 33-0879062
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    US TREASURY 24,276 0   0
    OTHER TAXES & FEES 587 0   587
    PAYROLL TAXES 10,468 0   10,468