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
BOTHIN FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)1660 BUSH STREET NO 300   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAN FRANCISCO, CA94109
A Employer identification number

94-1196182
B Telephone number (see instructions)

(415) 561-6540
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$40,147,158J 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)..............  
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 1,508,688 1,508,688  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,998,847
b Gross sales price for all assets on line 6a 13,133,739
7 Capital gain net income (from Part IV, line 2)... 1,998,847
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 5,016 0  
12 Total. Add lines 1 through 11........ 3,512,551 3,507,535  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 10,631 6,378   3,190
c Other professional fees (attach schedule).... Click to see attachment 602,622 280,481   280,012
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 74,342 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 1,000 100   600
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 5,828 200   700
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 694,423 287,159   284,502
25 Contributions, gifts, grants paid........ 1,605,946 1,605,946
26 Total expenses and disbursements. Add lines 24 and 25 2,300,369 287,159   1,890,448
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,212,182
b Net investment income (if negative, enter -0-) 3,220,376
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............... 99,928 103,128 103,128
2 Savings and temporary cash investments.......... 1,786,508 1,663,994 1,663,994
3 Accounts receivable bullet106,281
Less: allowance for doubtful accounts bullet   97,696 106,281 106,281
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........... 1,460 1,487 1,487
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 28,946,212 Click to see attachment28,604,503 28,604,503
c Investments—corporate bonds (attach schedule)........ 9,068,669 Click to see attachment9,667,765 9,667,765
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 40,000,473 40,147,158 40,147,158
Liabilities 17 Accounts payable and accrued expenses.......... 18,363 17,052
18 Grants payable.................. 50,000 50,000
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment211,100 Click to see attachment211,305
23 Total liabilities (add lines 17 through 22).......... 279,463 278,357
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted................... 39,721,010 39,868,801
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)...... 39,721,010 39,868,801
31 Total liabilities and net assets/fund balances (see instructions).. 40,000,473 40,147,158
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 39,721,010
2 Enter amount from Part I, line 27a..................... 2 1,212,182
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 17,752
4 Add lines 1, 2, and 3.......................... 4 40,950,944
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 1,082,143
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 39,868,801
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 EQUITY & BOND SALES P    
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 13,133,739   11,134,892 1,998,847
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       1,998,847
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,998,847
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 1,629,155 36,443,154 0.044704
2012 1,686,044 32,842,957 0.051337
2011 1,559,779 32,628,836 0.047804
2010 1,537,003 31,771,624 0.048377
2009 1,433,720 28,753,556 0.049862
2 Total of line 1, column (d) ...................... 2 0.242084
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 0.048417
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 39,165,272
5 Multiply line 4 by line 3....................... 5 1,896,265
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 32,204
7 Add lines 5 and 6......................... 7 1,928,469
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,890,448
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 64,408
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 64,408
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 64,408
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 62,300
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 34,900
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 97,200
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 32,792
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet32,792 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. ...............................
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.PFS-LLC.NET/BOTHIN
    14
    The books are in care ofbulletPACIFIC FOUNDATION SERVICES LLC Telephone no.bullet (415) 561-6540
    Located atbullet1660 BUSH STREET SUITE 300SAN FRANCISCOCA ZIP+4bullet94109
    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
    LYMAN H CASEY PRESIDENT
    2.00     		0 0 0
    1660 BUSH STREET SUITE 300
    SAN FRANCISCO,CA94109
    A MICHAEL CASEY TREASURER/VP
    2.00     		0 0 0
    1660 BUSH STREET SUITE 300
    SAN FRANCISCO,CA94109
    LAURA KING PFAFF SECRETARY
    2.00     		0 0 0
    1660 BUSH STREET SUITE 300
    SAN FRANCISCO,CA94109
    DEVON LAYCOX VP / GOVERNANCE CHAIR
    2.00     		0 0 0
    1660 BUSH STREET SUITE 300
    SAN FRANCISCO,CA94109
    PAUL SUSSMAN DIRECTOR/ AUDIT COMMITTEE
    2.00     		0 0 0
    1660 BUSH STREET SUITE 300
    SAN FRANCISCO,CA94109
    PAM MCCOSKER ADVISORY CHAIR
    2.00     		0 0 0
    1660 BUSH STREET SUITE 300
    SAN FRANCISCO,CA94109
    REBECCA MILLER DIRECTOR/ FINANCE
    2.00     		0 0 0
    1660 BUSH STREET SUITE 300
    SAN FRANCISCO,CA94109
    THEODORE GRIFFINGER DIRECOTR/FINANCE
    2.00     		0 0 0
    1660 BUSH STREET SUITE 300
    SAN FRANCISCO,CA94109
    KATHERINE JOINER DIRECTOR/FINANCE
    2.00     		0 0 0
    1660 BUSH STREET SUITE 300
    SAN FRANCISCO,CA94109
    CHRISTIAN F MILLER DIRECTOR
    2.00     		0 0 0
    1660 BUSH STREET SUITE 300
    SAN FRANCISCO,CA94109
    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
    PACIFIC FOUNDATION SERVICES LLC FOUNDATION MANAGEMENT 339,831
    1660 BUSH STREET SUITE 300
    SAN FRANCISCO,CA94109
    PETERSEN FLYNN & DINSMORE INVESTMENT COUNSELING 124,512
    1660 BUSH STREET SUITE 300
    SAN FRANCISCO,CA94109
    OSTERWEIS CAPITAL MANAGEMENT INVESTMENT COUNSELING 60,346
    1660 BUSH STREET SUITE 300
    SAN FRANCISCO,CA94109
    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
    38,419,330
    b
    Average of monthly cash balances.......................
    1b
    1,342,367
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    39,761,697
    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
    39,761,697
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    596,425
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    39,165,272
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,958,264
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,958,264
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    64,408
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    64,408
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,893,856
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,893,856
    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
    1,893,856
    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
    1,890,448
    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
    1,890,448
    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
    1,890,448
    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 1,893,856
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 43,925
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010.......  
    c From 2011.......  
    d From 2012.......  
    e From 2013.......  
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 1,890,448
    a Applied to 2013, but not more than line 2a 43,925
    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..... 1,846,523
    e Remaining amount distributed out of corpus 0
    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 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 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 ..........     		47,333
    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) ...     		0
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011....  
    c Excess from 2012....  
    d Excess from 2013....  
    e Excess from 2014....  
    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).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    HECTOR MELENDEZ SENIOR PROGRAM OFFI
    1660 BUSH STREET SUITE 300
    SAN FRANCISCO,CA94109
    (415) 561-6540
    bThe form in which applications should be submitted and information and materials they should include:
    FOR GUIDELINES AND MORE INFORMATION ABOUT THIS FOUNDATION, SEE WWW.PFS-LLC.NET
    cAny submission deadlines:
    FOR GUIDELINES AND MORE INFORMATION ABOUT THIS FOUNDATION, SEE WWW.PFS-LLC.NET
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    FOR GUIDELINES AND MORE INFORMATION ABOUT THIS FOUNDATION, SEE WWW.PFS-LLC.NET
    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
    10000 DEGREES
    1650 LOS GAMOS SUITE 110
    SAN RAFAEL,CA94903     		NONE 501 ( C ) (3) PUBLIC RENOVATE NEW OFFICE SPACE TO CREATE A DEDICATED STUDENT RESOURCE CENTER AND A MULTI-USE CONFERENCE R 30,000
    AT THE CROSSROADS
    333 VALENCIA STREET SUITE 320
    SAN FRANCISCO,CA94103     		NONE 501 ( C ) (3) PUBLIC COMPREHENSIVE TECHNOLOGY UPGRADE PROJECT 31,800
    BECOMING INDEPENDENT
    1425 CORPORATE CENTER PKWY
    SANTA ROSA,CA95407     		NONE 501 ( C ) (3) PUBLIC HVAC SYSTEM FOR BECOMING INDEPENDENTS PRODUCTION SERVICES 27,500
    BOYS & GIRLS CLUBS OF CENTRAL SONOMA COUNTY
    1400 N DUTTON AVE SUITE 24
    SANTA ROSA,CA95401     		NONE 501 ( C ) (3) PUBLIC PURCHASE A 10-PASSENGER VAN 37,200
    BOYS & GIRLS CLUBS OF MARIN AND SOUTHERN SONOMA COUNTIES
    203 MARIA DRIVE
    PETALUMA,CA94954     		NONE 501 ( C ) (3) PUBLIC GREASE TRAP REPLACEMENT PROJECT 7,500
    BOYS & GIRLS CLUBS OF SAN FRANCISCO
    380 FULTON STREET
    SAN FRANCISCO,CA94102     		NONE 501 ( C ) (3) PUBLIC PURCHASE 12-PASSENGER VEHICLE TO TRANSPORT SUNNYDALE CLUB PARTICIPANTS TO AND FROM THE CLUB 27,700
    BRIDGE THE GAP COLLEGE PREP
    PO BOX 1390
    SAUSALITO,CA94965     		NONE 501 ( C ) (3) PUBLIC PURCHASE EDUCATION TECHNOLOGY 40,000
    CATHOLIC CHARITIES
    990 EDDY STREET
    SAN FRANCISCO,CA94109     		NONE 501 ( C ) (3) PUBLIC RENOVATE OF A HOME FOR BOYS LIVING AT ST. VINCENT'S SCHOOL FOR BOYS 30,000
    CEDARS OF MARIN
    PO BOX 947
    ROSS,CA94957     		NONE 501 ( C ) (3) PUBLIC REPLACE WINDOWS IN TEXTILE ARTS CENTER 22,100
    CHINATOWN COMMUNITY DEVELOPMENT CENTER INC
    1525 GRANT AVENUE
    SAN FRANCISCO,CA94133     		NONE 501 ( C ) (3) PUBLIC INSTALLATION OF PLAYGROUND EQUIPMENT AT THE TENDERLOIN FAMILY HOUSING CENTER 25,000
    COMMUNITY ACTION MARIN
    29 MARY STREET
    SAN RAFAEL,CA94901     		NONE 501 ( C ) (3) PUBLIC RENOVATE A PORTABLE BUILDING AT OLD GALLINAS AS AN ARTS AND MUSIC CENTER 35,000
    COMMUNITY GATEPATH
    350 TWIN DOLPHIN DRIVE SUITE 123
    REDWOOD CITY,CA94065     		NONE 501 ( C ) (3) PUBLIC SAFETY PLAYGROUND IMPROVEMENTS 21,000
    COMMUNITY INITIATIVES (MISSION SCIENCE WORKSHOP)
    354 PINE STREET SUITE 700
    SAN FRANCISCO,CA94104     		NONE 501 ( C ) (3) PUBLIC THE MOBILE WORKSHOP FOR MISSION SCIENCE WORKSHOP 30,000
    COMPASS HIGH SCHOOL
    2040 PIONEER COURT
    SAN MATEO,CA94403     		NONE 501 ( C ) (3) PUBLIC RENOVATE FACILITY FOR A HIGH SCHOOL IN REDWOOD CITY SERVING STUDENTS WITH LEARNING DIFFERENCES 20,000
    CONSERVATION CORPS NORTH BAY INC
    27 LARKSPUR STREET
    SAN RAFAEL,CA94901     		NONE 501 ( C ) (3) PUBLIC PURCHASE A WOOD CHIPPER 35,000
    CONSERVATION EARTH INC WILDLIFE ASSOCIATES
    PO BOX 3098
    HALF MOON BAY,CA94019     		NONE 501 ( C ) (3) PUBLIC PURCHASE AND RETROFIT CARGO VAN 31,900
    CORNERSTONE COMMUNITY HOMES
    58 MITCHELL BLVD
    SAN RAFAEL,CA94903     		NONE 501 ( C ) (3) PUBLIC REPLACEMENT OF FURNACES 18,000
    COUNCIL ON FOUNDATIONS INC
    2121 CRYSTAL DRIVE SUITE 700
    ARLINGTON,VA22202     		NONE 501 ( C ) (3) PUBLIC 2014 MEMBERSHIP DUES 3,230
    COURT APPOINTED SPECIAL ADVOCATES OF SONOMA COUNTY
    P O BOX 1418
    KENWOOD,CA95452     		NONE 501 ( C ) (3) PUBLIC UPGRADE TECHNOLOGY INFRASTRUCTURE AND PURCHASE RIGHT WORKSTATIONS 23,900
    EAST PALO ALTO TENNIS AND TUTORING
    PO BOX 60597
    PALO ALTO,CA94306     		NONE 501 ( C ) (3) PUBLIC VAN TO TRANSPORT STUDENTS TO AND FROM THE MAIN OFFICE ON THE STANFORD UNIVERSITY CAMPUS 30,000
    FACES SF
    1101 MASONIC AVENUE
    SAN FRANCISCO,CA94117     		NONE 501 ( C ) (3) PUBLIC PURCHASE A 15-SEAT PASSENGER VAN 35,000
    FAMILY LIFE CENTER
    365 KUCK LANE
    PETALUMA,CA94952     		NONE 501 ( C ) (3) PUBLIC PURCHASE TECHNOLOGY FOR OFFICE AND CLASSROOMS 24,900
    FOUNDATION CENTER
    312 SUTTER STREET 606
    SAN FRANCISCO,CA94108     		NONE 501 ( C ) (3) PUBLIC MEMBERSHIP AND GENERAL SUPPORT 6,000
    FOUNDATION FOR HEARING RESEARCH INC
    3518 JEFFERSON AVENUE
    REDWOOD CITY,CA94062     		NONE 501 ( C ) (3) PUBLIC PURCHASE AND INSTALLATION OF LIGHTING, FLOORING, AND WALL TREATMENT TO ENHANCE ACOUSTICS AT WEINGART 35,500
    GOLDEN GATE AUDUBON SOCIETY INC
    2530 SAN PABLO AVENUE SUITE G
    BERKELEY,CA94702     		NONE 501 ( C ) (3) PUBLIC ECO-SAN FRANCISCO PROGRAM - BINOCULARS AND SCOPES AGAIN! CAMPAIGN 5,000
    HOMELESS CHILDRENS NETWORK
    3450 3RD STREET UNIT 1C
    SAN FRANCISCO,CA94124     		NONE 501 ( C ) (3) PUBLIC FAMILY RESOURCE CENTER REFURBISHMENT PROJECT 5,000
    HORIZONS UNLIMITED OF SAN FRANCISCO INC
    440 POTRERO AVENUE
    SAN FRANCISCO,CA94110     		NONE 501 ( C ) (3) PUBLIC PURCHASE AUDIO, VIDEO, AND EVENT PRODUCTION EQUIPMENT FOR THE DJ PROJECT 25,000
    INSTITUTO FAMILIAR DE LA RAZA
    2919 MISSION STREET
    SAN FRANCISCO,CA94110     		NONE 501 ( C ) (3) PUBLIC HVAC SYSTEM REPLACEMENT 30,000
    LARKIN STREET YOUTH SERVICES
    134 GOLDEN GATE AVENUE
    SAN FRANCISCO,CA94102     		NONE 501 ( C ) (3) PUBLIC CAPITAL IMPROVEMENTS AT THE LOFT 38,000
    LATINO COMMISION ON ALCOHOL AND DRUG ABUSE SERVICES OF SAN MATEO COUNTY
    301 GRAND AVE 301
    SOUTH SAN FRANCISCO,CA94080     		NONE 501 ( C ) (3) PUBLIC CASA MARIA FIRE-SAFETY PROJECT 25,000
    LEAP IMAGINATION IN LEARNING
    2601 MISSION STREET SUITE 603
    SAN FRANCISCO,CA94110     		NONE 501 ( C ) (3) PUBLIC UPGRADE COMPUTER EQUIPMENT 24,600
    LEGAL SERVICES FOR CHILDREN INC
    1254 MARKET STREET 3RD FLOOR
    SAN FRANCISCO,CA94102     		NONE 501 ( C ) (3) PUBLIC PURCHASE AND INSTALL OFFICE-WIDE TELEPHONE SYSTEM TO IMPROVE SERVICES THROUGHOUT THE BAY AREA 30,100
    LIFEHOUSE INC
    899 NORTHGATE DRIVE SUITE 500
    SAN RAFAEL,CA94903     		NONE 501 ( C ) (3) PUBLIC SUN I BATHROOM REMODEL 28,300
    MARIN BRAIN INJURY NETWORK
    1132 MAGNOLIA AVENUE
    LARKSPUR,CA94939     		NONE 501 ( C ) (3) PUBLIC FLOOR REPLACEMENT PROJECT 25,000
    MENTOR ME PETALUMA
    14 KELLER STREET
    PETALUMA,CA94952     		NONE 501 ( C ) (3) PUBLIC PURCHASE AND INSTALL OFFICE AND MEETING FURNITURE AND STORAGE 27,100
    MISSION GRADUATES
    3040 16TH STREET
    SAN FRANCISCO,CA94103     		NONE 501 ( C ) (3) PUBLIC IT SYSTEM UPGRADES 25,000
    NATIONAL AUDUBON SOCIETY INC (RICHARDSON BAY AUDUBON CENTER & SANCTUARY)
    376 GREENWOOD BEACH ROAD
    TIBURON,CA94920     		NONE 501 ( C ) (3) PUBLIC PURCHASE A 12-PASSENGER VAN FOR RICHARD BAY AUDUBON CENTER & SANTUARY 40,000
    NEW DOOR VENTURES
    3221 20TH STREET
    SAN FRANCISCO,CA94110     		NONE 501 ( C ) (3) PUBLIC PURCHASE AND INSTALLATION OF TRANSPARENT GARAGE DOOR FOR YOUTH SPACE 25,000
    NORTHERN CALIFORNIA GRANTMAKERS
    160 SPEAR STREET SUITE 360
    SAN FRANCISCO,CA94105     		NONE 501 ( C ) (3) PUBLIC MEMBERSHIP AND GENERAL SUPPORT 1,916
    OLD SKOOL CAFE
    1429 MENDELL STREET
    SAN FRANCISCO,CA94124     		NONE 501 ( C ) (3) PUBLIC CAPITAL CAMPAIGN 42,000
    PENINSULA ASSOCIATION FOR RETARDED CHILDREN & ADULTS
    800 AIRPORT BOULEVARD SUITE 230
    BURLINGAME,CA94010     		NONE 501 ( C ) (3) PUBLIC PURCHASE A 8-PASSENGER VAN 31,000
    PENINSULA FAMILY SERVICE
    24 SECOND AVENUE
    SAN MATEO,CA94401     		NONE 501 ( C ) (3) PUBLIC SAFETY REPAIRS AT 87TH STREET CHILD DEVELOPMENT CENTER 7,500
    PETALUMA ARTS COUNCIL
    230 LAKEVILLE STREET
    PETALUMA,CA94952     		NONE 501 ( C ) (3) PUBLIC CREATE DIGITAL ARTS EDUCATION LAB FOR MIDDLE SCHOOL YOUTH 7,500
    POINT REYES BIRD OBSERVATORY (POINT BLUE CONSERVATION SCIENCE)
    3820 CYPRESS DRIVE SUITE 11
    PETALUMA,CA94954     		NONE 501 ( C ) (3) PUBLIC PURCHASE A TRUCK FOR POINT BLUE CONSERVATION SCIENCE 36,400
    READING PARTNERS
    180 GRAND AVENUE SUITE 800
    OAKLAND,CA94612     		NONE 501 ( C ) (3) PUBLIC CAPITAL UPGRADES TO READING CENTERS IN SAN FRANCISCO 28,000
    RITTER CENTER
    PO BOX 3517
    SAN RAFAEL,CA94912     		NONE 501 ( C ) (3) PUBLIC PURCHASE A PASSENGER VEHICLE 30,000
    SAGE PROJECT INC
    68 12TH STREET
    SAN FRANCISCO,CA94103     		NONE 501 ( C ) (3) PUBLIC PURCHASE A NEW PASSENGER VAN 25,000
    SAMARITAN HOUSE
    4031 PACIFIC BLVD
    SAN MATEO,CA94403     		NONE 501 ( C ) (3) PUBLIC UPGRADE KITCHEN EQUIPMENT FOR COMMERCIAL KITCHEN 34,200
    SAN FRANCISCO FOOD BANK
    900 PENNSYLVANIA AVENUE
    SAN FRANCISCO,CA94107     		NONE 501 ( C ) (3) PUBLIC PURCHASE A RIDING FORKLIFT 27,800
    SCHOLARMATCH
    849 VALENCIA STREET
    SAN FRANCISCO,CA94110     		NONE 501 ( C ) (3) PUBLIC STUDENT LAPTOP LAB EXPANSION 19,800
    SHINING STAR FOUNDATION
    4470 REDWOOD HWY
    SAN RAFAEL,CA94903     		NONE 501 ( C ) (3) PUBLIC INSTALLATION OF A PLAYGROUND AT STAR ACADEMY 40,000
    SONOMA VALLEY COMMUNITY HEALTH CENTER
    430 W NAPA STREET SUITE F
    SONOMA,CA95476     		NONE 501 ( C ) (3) PUBLIC PURCHASE X-RAY AND STERILIZATION EQUIPMENT FOR RAVENSWOOD FAMILY HEALTH CENTER) 25,000
    SOUTH COUNTY COMMUNITY HEALTH CENTER INC
    1798 A BAY ROAD
    EAST PALO ALTO,CA94303     		NONE 501 ( C ) (3) PUBLIC SUPPORT OF THE RAVENSWOOD FAMILY HEALTH CENTER OPTOMETRY CLINIC 38,000
    SOUTH SAN FRANCISCO FRIENDS OF THE LIBRARY
    840 WEST ORANGE AVENUE
    SOUTH SAN FRANCISCO,CA94080     		NONE 501 ( C ) (3) PUBLIC GRAND AVE LIBRARY RENOVATION 7,500
    ST ANTHONY FOUNDATION
    150 GOLDEN GATE AVENUE
    SAN FRANCISCO,CA94102     		NONE 501 ( C ) (3) PUBLIC PURCHASE ONE OF SIX STEM KETTLES FOR THE NEW DINING ROOM 40,000
    TEEN TALK SEXUALITY EDUCATION (HEALTH CONNECTED)
    480 JAMES AVENUE
    REDWOOD CITY,CA94062     		NONE 501 ( C ) (3) PUBLIC TECHNOLOGY UPGRADE PROJECT FOR THE HEALTH CONNECTED PROGRAM 7,500
    TELEGRAPH HILL NEIGHBORHOOD ASSOCIATION
    660 LOMBARD STREET
    SAN FRANCISCO,CA94133     		NONE 501 ( C ) (3) PUBLIC RENOVATE A PRESCHOOL BATHROOM 40,000
    TIDES CENTER (COMMUNITYGROWS)
    PO BOX 29198
    SAN FRANCISCO,CA94129     		NONE 501 ( C ) (3) PUBLIC COMMUNITYGROWS IMPROVED IT INFRASTRUCTURE PROJECT 15,900
    TIDES CENTER (FIRST EXPOSURES)
    PO BOX 29198
    SAN FRANCISCO,CA94129     		NONE 501 ( C ) (3) PUBLIC PROGRAM EQUIPMENT REPLACEMENT PROJECT AT FIRST EXPOSURES 25,800
    TIDES CENTER (LAVA MAE)
    PO BOX 29198
    SAN FRANCISCO,CA94129     		NONE 501 ( C ) (3) PUBLIC LAVA MAE BUS RETROFIT / PILOT PROGRAM 7,500
    TREASURE ISLAND HOMELESS DEVELOPMENT INITIATIVE
    1 AVENUE OF THE PALMS ROOM 166
    SAN FRANCISCO,CA94130     		NONE 501 ( C ) (3) PUBLIC REPLACEMENT OF FLOORING OF COMMUNITY CENTER 22,500
    TREASURE ISLAND HOMELESS DEVELOPMENT INITIATIVE
    1 AVENUE OF THE PALMS ROOM 166
    SAN FRANCISCO,CA94130     		NONE 501 ( C ) (3) PUBLIC HONORARIUM GRANT 2,500
    WEST COUNTY COMMUNITY SERVICES (COMMUNITY & FAMILY SERVICE AGENCY)
    477 PETALUMA AVENUE
    SEBASTOPOL,CA95472     		NONE 501 ( C ) (3) PUBLIC TELEPHONE SYSTEM UPGRADE FOR THE COMMUNITY & FAMILY SERVICE AGENCY 31,000
    YOUTH SPEAKS INC
    1663 MISSION STREET STE 604
    SAN FRANCISCO,CA94103     		NONE 501 ( C ) (3) PUBLIC YOUTH SPEAKS IT SYSTEM 30,300
    Total .................................bullet 3a 1,605,946
    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 ............     		         
    4 Dividends and interest from securities....     14 1,508,688  
    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.....     14 5,016  
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 1,998,847  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 3,512,551 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    133,512,551
    (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

    TY 2014 AccountingFeesSchedule
    Name:
    BOTHIN FOUNDATION
    EIN: 94-1196182
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 10,631 6,378   3,190

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    BOTHIN FOUNDATION
    EIN: 94-1196182
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BONDS & US TREASURIES 9,667,765 9,667,765

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    BOTHIN FOUNDATION
    EIN: 94-1196182
    Name of Stock End of Year Book Value End of Year Fair Market Value
    STOCKS 28,604,503 28,604,503

    TY 2014 OtherDecreasesSchedule
    Name:
    BOTHIN FOUNDATION
    EIN: 94-1196182
    Description Amount
       


    TY 2014 OtherExpensesSchedule
    Name:
    BOTHIN FOUNDATION
    EIN: 94-1196182
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DUES AND SUBSCRIPTIONS 1,000 200   700
    INSURANCE 4,434 0   0
    BOARD MEETING EXPENSES 394 0   0
    MISCELLANEOUS EXPENSES 0 0   0


    TY 2014 OtherIncomeSchedule2
    Name:
    BOTHIN FOUNDATION
    EIN: 94-1196182
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 5,016 0 5,016


    TY 2014 OtherIncreasesSchedule
    Name:
    BOTHIN FOUNDATION
    EIN: 94-1196182
    Description Amount
       


    TY 2014 OtherLiabilitiesSchedule
    Name:
    BOTHIN FOUNDATION
    EIN: 94-1196182
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED TAX LIABILITY 200,000 181,000
    TAX LIABILITY 11,100 2,108
    UNSETTLED STOCK 0 28,197


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    BOTHIN FOUNDATION
    EIN: 94-1196182
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUDIT FEES 24,440 8,147   8,147
    BANK AND CUSTODY FEES 19,762 19,762   0
    INVESTMENT MANAGER FEES 218,589 218,589   0
    FOUNDATION MANAGEMENT FEES 339,831 33,983   271,865


    TY 2014 TaxesSchedule
    Name:
    BOTHIN FOUNDATION
    EIN: 94-1196182
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FRANCHISE TAX BOARD 160 0   0
    OTHER TAXES 9,774 0   0
    FEDERAL TAXES 64,408 0   0